LUC'S LIGHT YOUTH MUSIC & ARTS

🔒

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

2021

Legal Domicile

Principal Officer

PAUL SCHINCARIOL

Phone

2699086327

Tax Period

2024-01-01 to 2024-12-31

LUC'S LIGHT YOUTH MUSIC & ARTS, founded in 2021, is a small nonprofit in the Youth Development sector that reported $125K in total revenue in fiscal year 2024. Revenue surged 87% from the prior year, signaling strong growth momentum. The organization ran a surplus of $92K, a strong 74% operating margin.

Mission

PROVIDING TEENS OF SOUTHWEST MICHIGAN THE TOOLS AND TRAINING TO EXPLORE AND DEVELOP THEIR ARTISTIC TALENTS AND CREATIVE EXPRESSION IN A SAFE AND SUPPORTIVE ENVIRONMENT. WE ENCOURAGE OUR STUDENTS TO FIND THEIR VOICE THROUGH MUSIC, DANCE, PAINTING, AND OTHER ARTISTIC FORMS; WITH FAITH-BASED VALUES AT OUR CORE.

Program Service Accomplishments

Program 1

Expenses: $28,610

PROVIDING STUDENTS WITH GUITARS AND TEACHING THEM HOW TO PLAY, ALONG WITH MUSIC APPRECIATION AND HISTORY. TEACHING ART THROUGH PAINTING IN DIFFERENT TECHNIQUES AND VOCAL INSTRUCTIONS.

🔒

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 $106,903

Program Service Revenue $0

Investment Income $3,263

Other Revenue $14,884

TOTAL REVENUE $125,050

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $28,610

Other Expenses $32,707

TOTAL EXPENSES $32,707

Year-over-Year Comparison

	2024	2023	Change
Revenue	$125,050	$66,828	+0.9%
Expenses	$32,707	$25,573	+0.3%
Net Income	$92,343	$41,255	+1.2%

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

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
BEN BOWATER	MEMBER	N/A	Director	$0	$0	$0
HANNA DEVALL	MEMBER	N/A	Director	$0	$0	$0
AMY GRONDA	MEMBER	N/A	Director	$0	$0	$0
KRISTOPHER PERKINS	MEMBER	N/A	Director	$0	$0	$0
ASHLEY SCHINCARIOL	SECRETARY	N/A	Officer Director	$0	$0	$0
LEIGH SCHINCARIOL	VICE-PRESIDE	N/A	Officer Director	$0	$0	$0
OTTORINO SCHINCARIOL	PRESIDENT	N/A	Officer Director	$0	$0	$0
PAUL SCHINCARIOL	TREASURER	N/A	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	$125,050	$32,707	$517,310	$92,343
2023	$66,828	$25,573	$196,437	$41,255
2022	$171,575	$16,393	$155,182	$155,182