VELVET HILLS CHAPTER OF SWEET ADELINES INTERNATIONAL (EIN 846045475) - 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

1965

Legal Domicile

Principal Officer

PAULA NICKODEMUS

Phone

7196944795

Tax Period

2024-05-01 to 2025-04-30

VELVET HILLS CHAPTER OF SWEET ADELINES INTERNATIONAL, founded in 1965, is a small nonprofit in the Arts, Culture & Humanities sector that reported $195K in total revenue in fiscal year 2024. Expenses of $246K exceeded revenue, resulting in a 26% operating deficit.

Mission

THE PURPOSE FOR WHICH THIS CHAPTER IS FORMED IS TO PERPETUATE AND ENHANCE THE BARBERSHOP MUSIC ART FORM THROUGH EDUCATION, THEREBY BENEFITING LOCAL COMMUNITIES BY FURTHERING THEIR ARTISTIC ENRICHMENT.

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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 $40,569

Program Service Revenue $0

Investment Income $2,216

Other Revenue $152,523

TOTAL REVENUE $195,308

Expense Breakdown

Grants Paid $0

Salaries & Benefits $21,800

Fundraising Expenses $0

Program Expenses $238,044

Other Expenses $224,654

TOTAL EXPENSES $246,454

Year-over-Year Comparison

	2024	2023	Change
Revenue	$195,308	$188,744	+0.0%
Expenses	$246,454	$140,474	+0.8%
Net Income	$-51,146	$48,270	-2.1%

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

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
PAULA NICKODEMUS	FINANCE COORDINATOR	2.00	Director	$0	$0	$0
JADYN CHRISTIAN DIAZ	DIRECTOR (MUSICAL)	10.00	Director	$0	$0	$0
JALEH WUTHIER	COMMUNICATIONS COORDINATOR	10.00	Director	$0	$0	$0
JANE ROSENTHAL	EVENTS COORDINATOR	2.00	Director	$0	$0	$0
DEBBIE DUNLAP	PERFORMANCE COORDINATOR	2.00	Director	$0	$0	$0
ROBIN BENNETT	TEAM COORDINATOR	2.00	Director	$0	$0	$0
DONNA TYREE	PUBLIC RELATIONS	2.00	Director	$0	$0	$0
DONNA SPARLING	MEMBERSHIP COORDINATOR	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
2025	$195,308	$246,454	$357,676	$-51,146
2024	$188,744	$140,474	$406,528	$48,270
2023	$179,950	$147,403	$361,262	$32,547
2022	$131,144	$86,901	$327,883	$44,243
2021	$93,882	$67,036	$282,142	$26,846
2020	$164,885	$96,005	$255,200	$68,880
2019	$142,703	$94,860	$191,809	$47,843

VELVET HILLS CHAPTER OF SWEET ADELINES INTERNATIONAL