Hued Songs Inc (EIN 843259140) - 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

Formation Year

2019

Phone

7865256864

Tax Period

2024-01-01 to 2024-12-31

Hued Songs Inc, founded in 2019, is a small nonprofit in the Arts, Culture & Humanities sector that reported $476K in total revenue in fiscal year 2024. Revenue surged 75% from the prior year, signaling strong growth momentum. The organization ran a surplus of $121K, a strong 25% operating margin.

Mission

HUED SONGS PRODUCES EXPERIENCES THAT AMPLIFY BLACK JOY, BLACK CREATIVITY, AND BLACK BELONGING. THROUGH SONG, SPOKEN WORD, DANCE, AND HEART, OUR WORK IS ROOTED ACROSS THREE CORE PRINCIPLES: TO PROVIDE A PLATFORM ON WHICH BLACK AND BROWN ARTISTS CAN BE SEEN, HEARD, & PAID. THE ARTS ARE A RIGHT AND NOT A PRIVILEGE, THUS WE WORK TO REMOVE COST, GEOGRAPHY, AND PERCEPTION BARRIERS TO EVERY PERFORMANCE EVERY PERFORMANCE IS AN OPPORTUNITY TO BUILD BELONGING, EMPATHY, AND COMMUNITY FOR ALL.

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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 $370,417

Program Service Revenue $104,958

Investment Income $621

Other Revenue $0

TOTAL REVENUE $475,996

Expense Breakdown

Grants Paid $0

Salaries & Benefits $66,509

Fundraising Expenses $0

Program Expenses $194,868

Other Expenses $288,600

TOTAL EXPENSES $355,109

Year-over-Year Comparison

	2024	2023	Change
Revenue	$475,996	$271,288	+0.8%
Expenses	$355,109	$249,277	+0.4%
Net Income	$120,887	$22,011	+4.5%

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

N/A

Employees

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

$51,600

Total Directors

$51,600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kunya Rowley	President	50.00	Officer Director	$51,600	$0	$51,600
Joseph Cloud	Director	2.00	Officer Director	$0	$0	$0
Sabina Zetrenne	Treasurer	2.00	Officer Director	$0	$0	$0
Meghan Wood	Secretary	2.00	Officer Director	$0	$0	$0
John Barrow	Director	2.00	Director	$0	$0	$0
Wilkie Ferguson III	Director	2.00	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	$475,996	$355,109	$213,390	$120,887
2023	$271,288	$249,277	$88,068	$22,011

Hued Songs Inc