MCQUEEN BAND PARENT ASSOCIATION INC

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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

2016

Legal Domicile

Principal Officer

ASHLEE FARMER

Phone

7757465880

Tax Period

2024-07-01 to 2025-06-30

MCQUEEN BAND PARENT ASSOCIATION INC, founded in 2016, is a small nonprofit in the Education sector that reported $339K in total revenue in fiscal year 2024. The organization ran a surplus of $288K, a strong 85% operating margin.

Mission

SUPPORT THE MCQUEEN HIGH SCHOOL BANDS AND COLOR GUARD PROGRAMS.

Program Service Accomplishments

Program 1

ASSIST STUDENTS IN MEETING THE REQUIRED PROGRAM FEES PAYABLE TO THE HIGH SCHOOL.

Program 2

Expenses: $49,262

MUSICAL PROGRAMS AND TRAINING FOR PERFORMANCES.

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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 $338,966

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $338,966

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $1,304

Program Expenses $49,262

Other Expenses $50,648

TOTAL EXPENSES $50,648

Year-over-Year Comparison

	2024	2023	Change
Revenue	$338,966	N/A	N/A
Expenses	$50,648	N/A	N/A
Net Income	$288,318	$0	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

N/A

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
ASHLEE FARMER	PRESIDENT	8.00	Officer	$0	$0	$0
LARA MARTIN	VICE PRESIDENT	6.00	Officer	$0	$0	$0
JAMES FOGELBERG	TREASURER	2.00	Officer	$0	$0	$0
KRISTEN SCURRY	SECRETARY	1.00	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
2025	$338,966	$50,648	$294,814	$288,318