CHILDRENS MUSIC FUND (EIN 870738857) - 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

2002

Legal Domicile

Principal Officer

RAFFI TACHDJIAN

Phone

3104280589

Tax Period

2023-01-01 to 2023-12-31

CHILDRENS MUSIC FUND, founded in 2002, is a small nonprofit in the Human Services sector that reported $169K in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. The organization ran a surplus of $41K, a strong 24% operating margin.

Mission

Provide music therapy for children affected by chronic conditions or life-altering illnesses.

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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 (2023)

Revenue Breakdown

Contributions & Grants $153,823

Program Service Revenue $0

Investment Income $15,199

Other Revenue $0

TOTAL REVENUE $169,022

Expense Breakdown

Grants Paid $0

Salaries & Benefits $88,994

Fundraising Expenses $49,585

Program Expenses $29,898

Other Expenses $39,070

TOTAL EXPENSES $128,064

Year-over-Year Comparison

	2023	2022	Change
Revenue	$169,022	$128,447	+0.3%
Expenses	$128,064	$87,077	+0.5%
Net Income	$40,958	$41,370	0.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAFFI TACHDJIAN MD MPH	FOUNDER & PRESIDENT	10.00	Officer	$0	$0	$0
RONDA GRECH	CHAIR, BOARD OF DIRECTORS & EXECUTIVE COMMITTEE	10.00	Officer	$0	$0	$0
JEAN GRASSO	SECRETARY & CHAIR, FINANCE COMMITTEE	5.00	Officer	$0	$0	$0
DON GRIFFIN CPA	CHAIR, RESEARCH COMMITTEE	2.00	Officer	$0	$0	$0
DANIELLE EVERSON JD	CHAIR, GOVERNANCE COMMITTEE	2.00	Officer	$0	$0	$0
DON JOHNSON	CHAIR, FINANCE & GOVERNANCE COMMITTEE	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
2024	No data	No data	No data	No data
2023	$169,022	$128,064	$464,919	$40,958
2022	$128,447	$87,077	$424,321	$41,370
2021	$236,165	$17,728	$371,289	$218,437

CHILDRENS MUSIC FUND