Resonance Collective

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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

Principal Officer

Fahad Siadat

Tax Period

2024-07-01 to 2025-06-30

Resonance Collective, founded in 2021, is a small nonprofit in the Arts, Culture & Humanities sector that reported $106K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. Expenses of $101K left a modest 4% surplus.

Mission

The Resonance Collective exists to inspire and nurture the collective spirit of Los Angeles and beyond by expanding our understanding of the arts as a sacred and mystical experience, through the creation and performance of innovative and adventurous music.

Program Service Accomplishments

Program 1

Expenses: $67,428

The Resonance Collective exists to inspire and nurture the collective spirit of Los Angeles and beyond by expanding our understanding of the arts as a sacred and mystical experience, through the...

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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 $59,339

Program Service Revenue $46,498

Investment Income $1

Other Revenue $0

TOTAL REVENUE $105,838

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $3,759

Program Expenses $67,428

Other Expenses $101,368

TOTAL EXPENSES $101,368

Year-over-Year Comparison

	2024	2023	Change
Revenue	$105,838	$111,427	-0.1%
Expenses	$101,368	$111,134	-0.1%
Net Income	$4,470	$293	+14.3%

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

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	Role	Reportable Comp	Other Comp	Total
Lisa Niedermeyer	Chairman	Director	$0	$0	$0
Dr Alexandra Grabarchuk	Treasurer	Director	$0	$0	$0
Dr Marc Lowenstein	Board Member	Director	$0	$0	$0
Azeem Khan	Board Member	Director	$0	$0	$0
Fahad Siadat	Officer	Officer	$0	$0	$0
Rev Michael Lehman	Secretary	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	$105,838	$101,368	$21,190	$4,470
2024	$111,427	$111,134	$16,097	$293
2023	$79,825	$82,488	$14,028	$-2,663
2022	$64,332	$58,879	$30,757	$5,453