COLORADO AMP ORGANIZATION (EIN 861439929) - 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

2021

Legal Domicile

Principal Officer

DUSTIN OLDE

Phone

3032740713

Tax Period

2024-01-01 to 2024-12-31

COLORADO AMP ORGANIZATION, founded in 2021, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $37K in total revenue in fiscal year 2024. Expenses of $147K exceeded revenue, resulting in a 300% operating deficit.

Mission

MISSION STATEMENT OUR MISSION IS TO MAKE MUSIC EDUCATION ACCESSIBLE, INCLUSIVE, AND TRANSFORMATIVE FOR PEOPLE OF ALL AGES AND BACKGROUNDS. WE PROVIDE AFFORDABLEAND WHEN NEEDED, FREEMUSIC LESSONS TO EMPOWER INDIVIDUALS THROUGH LEARNING, CREATIVITY, AND COMMUNITY. BY OFFERING INSTRUCTION IN MUSIC THEORY, COMPOSITION, PRODUCTION, AND HISTORY, WE CONNECT STUDENTS WITH THE RICH LEGACY AND EVOLVING FUTURE OF MUSIC ACROSS CULTURES AND GENRES. THROUGH INSTRUMENT RENTALS, SPACE RENTALS FOR MUSICIANS AND ENSEMBLES, AND A VARIETY OF PERFORMANCES, MASTER CLASSES, AND COLLABORATIVE EVENTS, WE AIM TO FOSTER A VIBRANT, DIVERSE MUSICAL HUB WHERE PEOPLE CAN LEARN FROM ONE ANOTHER, SHARE THEIR UNIQUE VOICES, AND GROW TOGETHER. CORE VALUES 1. ACCESSIBILITY WE BELIEVE MUSIC EDUCATION SHOULD BE AVAILABLE TO EVERYONE, REGARDLESS OF AGE, BACKGROUND, OR FINANCIAL STATUS. WE STRIVE TO ELIMINATE BARRIERS BY OFFERING AFFORDABLE AND FREE INSTRUCTION WHEN NEEDED. 2. COMMUNITY WE FOSTER A WELCOMING ENVIRONMENT WHER

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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 $0

Program Service Revenue $36,692

Investment Income $0

Other Revenue $0

TOTAL REVENUE $36,692

Expense Breakdown

Grants Paid $0

Salaries & Benefits $24,585

Fundraising Expenses $165

Other Expenses $122,349

TOTAL EXPENSES $146,934

Year-over-Year Comparison

	2024	2023	Change
Revenue	$36,692	N/A	N/A
Expenses	$146,934	N/A	N/A
Net Income	$-110,242	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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DUSTIN OLDE	OFFICER	10.00	Officer 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	$36,692	$146,934	$46	$-110,242

COLORADO AMP ORGANIZATION