FRIENDS OF WHIN MUSIC COMMUNITY CH… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

CHARLES ORTIZ

Phone

8444890817

Tax Period

2024-07-01 to 2025-06-30

FRIENDS OF WHIN MUSIC COMMUNITY CHARTER SCHOOL INC, founded in 2019, is a micro nonprofit in the Education sector that reported $41K in total revenue in fiscal year 2024.

Mission

TO SUPPORT THE OPERATION OF WHIN MUSIC COMMUNITY CHARTER SCHOOL IN NEW YORK BY PROVIDING ASSISTANCE WITH THE SCHOOL'S REAL ESTATE AND FACILITIES-RELATED NEEDS, AND BY RAISING FUNDS AND RESOURCES THAT WILL ENABLE FRIENDS OF WHIN MUSIC COMMUNITY CHARTER SCHOOL, INC TO PROVIDE SUPPORT TO THE SCHOOL TO ENHANCE THE EXPERIENCE OF THE SCHOOL'S STUDENTS.

Program Service Accomplishments

Program 1

TO SUPPORT THE OPERATION OF WHIN MUSIC COMMUNITY CHARTER SCHOOL IN NEW YORK BY PROVIDING ASSISTANCE WITH THE SCHOOL'S REAL ESTATE AND FACILITIES-RELATED NEEDS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $58,907

Program Service Revenue $0

Investment Income $464,517

Other Revenue $-564,267

TOTAL REVENUE $-40,843

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $62,148

TOTAL EXPENSES $62,148

Year-over-Year Comparison

	2024	2023	Change
Revenue	$-40,843	$-893,290	-1.0%
Expenses	$62,148	$88,843	-0.3%
Net Income	$-102,991	$-982,133	-0.9%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ED BROWN	TREASURER	1.00	Officer Director	$0	$0	$0
ROSA FRANCO	SECRETARY	1.00	Officer Director	$0	$0	$0
JOSHUA BEDERMAN	PRESIDENT	1.00	Officer Director	$0	$0	$0
CHARLES ORTIZ	EXECUTIVE DIRECTOR	1.00	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
2025	$-40,843	$62,148	$72,487,789	$-102,991
2024	No data	No data	No data	No data
2023	$-1,812,787	$126,542	$75,023,651	$-1,939,329
2022	$175,933	$24,074	$43,907,586	$151,859

FRIENDS OF WHIN MUSIC COMMUNITY CHARTER SCHOOL INC