AARON POWER MUSICAL RESOURCES LTD

EIN: 842357351 501(c)(3)

BURLINGTON, IA

Total Revenue
$120
Total Expenses
$470
Total Assets
N/A
Net Assets
N/A
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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

Formation Year
2021
Legal Domicile
IL
Principal Officer
DANIEL HAUGHEY
Phone
3092362772
Tax Period
2023-01-01 to 2023-12-31

AARON POWER MUSICAL RESOURCES LTD, founded in 2021, is a micro nonprofit that reported $120 in total revenue in fiscal year 2023. Expenses of $470 exceeded revenue, resulting in a 292% operating deficit.

Mission

TO SUPPORT THOSE WHO ENDEAVOR TO WRITE AND PRODUCE NEW MUSICALS PRIMARILY IN THE QUAD CITIES AREA OF ILLINOIS AND IOWA AND SERVE AS A COMMUNITY RESOURCE OF MUSICAL THEATRE

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $120
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $120

Expense Breakdown

Grants Paid $140
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $330
TOTAL EXPENSES $470

Year-over-Year Comparison

2023 2022 Change
Revenue $120 N/A N/A
Expenses $470 N/A N/A
Net Income $-350 N/A N/A
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

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Governance

Voting Members
4
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL HAUGHEY BOARD TREASURER 2.00
Officer
$0 $0 $0
MICHAEL CALLAHAN BOARD PRESIDENT 2.00
Officer
$0 $0 $0
ELIZABETH SAGER BOARD VICE PRESIDENT 2.00
Officer
$0 $0 $0
DAWN HIGGS BOARD SECRETARY 2.00
Officer
$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
2023 $120 $470 No data $-350
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