Jazz Angel Inc (EIN 841686341) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Phone

5629818410

Tax Period

2024-01-01 to 2024-12-31

Jazz Angel Inc is a small nonprofit in the Arts, Culture & Humanities sector that reported $253K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $290K exceeded revenue, resulting in a 15% operating deficit.

Mission

CREATE AN ENVIRONMENT FOR THE YOUTH OF GREATER LONG BEACH TO DEVELOP SELF-CONFIDENCE AND LEADERSHIP SKILLS WHILE LEARNING, PLAYING, AND PRESERVICG JASS THROUGH PROFESSIONAL MUSIC TRAINING.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $116,916

Program Service Revenue $136,948

Investment Income $0

Other Revenue $-1,220

TOTAL REVENUE $252,644

Expense Breakdown

Grants Paid $0

Salaries & Benefits $161,404

Fundraising Expenses $23,813

Program Expenses $216,136

Other Expenses $128,875

TOTAL EXPENSES $290,279

Year-over-Year Comparison

	2024	2023	Change
Revenue	$252,644	$273,063	-0.1%
Expenses	$290,279	$284,166	+0.0%
Net Income	$-37,635	$-11,103	+2.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$101,471

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARRY COGERT	Executive Dir.	60.00	Officer	$101,471	$0	$101,471
ROB FELDMAN	President	5.00	Officer Director	$0	$0	$0
TAVIS WERTS	Vice President	1.00	Officer Director	$0	$0	$0
BARB WOOFTER	Treasurer	2.00	Officer Director	$0	$0	$0
MARK BARNES	Director	3.00	Director	$0	$0	$0
PHIL ONCLEY	Director	0.50	Director	$0	$0	$0
CARRIE SANCHEZ	Director	1.00	Director	$0	$0	$0
JANET SCHULTZ	Director	1.50	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$252,644	$290,279	$17,011	$-37,635
2023	$273,063	$284,166	$53,109	$-11,103
2022	$244,303	$250,510	$64,954	$-6,207
2021	$262,915	$233,558	$64,792	$29,357
2020	$205,293	$219,825	$104,983	$-14,532

Jazz Angel Inc