LIBERO CANTO FOUNDATION INC C/O GOLDGRAB CPA PLLC (EIN 880661807) - 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

2022

Legal Domicile

Principal Officer

DEBORAH CARMICHAEL

Phone

9178422583

Tax Period

2023-01-01 to 2023-12-31

LIBERO CANTO FOUNDATION INC C/O GOLDGRAB CPA PLLC, founded in 2022, is a small nonprofit in the Arts, Culture & Humanities sector that reported $512K in total revenue in fiscal year 2023. Revenue surged 924% from the prior year, signaling strong growth momentum. The organization ran a surplus of $495K, a strong 97% operating margin.

Mission

LIBERO CANTO VOCAL PEDAGOGY OFFERS UNIQUE MUSICAL, ARTISTIC AND HUMAN BENEFITS TO PROFESSIONAL SINGERS AS WELL AS TO AMATEURS, MUSIC THERAPISTS, YOUNG PEOPLE, ACTORS, TEACHERS, AND ANYONE WHO WISHES TO EXPERIENCE THE JOY OF FREE SINGING. OUR GOAL IS TO BRING THE LIBERO CANTOAPPROACH TO A WIDER CIRCLE OF INDIVIDUALS AND AUDIENCES, TO TRAIN NEW TEACHERS AND TO DEVELOP OUR ARCHIVE AND TEACHING MATERIALS SO THAT THE APPROACH CAN CONTINUE TO DEVELOP IN THE FUTURE.

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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 $511,875

Program Service Revenue $0

Investment Income $92

Other Revenue $0

TOTAL REVENUE $511,967

Expense Breakdown

Grants Paid $0

Salaries & Benefits $554

Fundraising Expenses $0

Program Expenses $13,097

Other Expenses $16,861

TOTAL EXPENSES $17,415

Year-over-Year Comparison

	2023	2022	Change
Revenue	$511,967	$50,000	+9.2%
Expenses	$17,415	N/A	N/A
Net Income	$494,552	$50,000	+8.9%

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

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
DEBORAH CARMICHAEL	PRESIDENT-TREASURER-DIRECTOR	1.00	Officer Director	$0	$0	$0
ALICE B STOCK	VICE PRESIDENT-DIRECTOR	0.00	Officer Director	$0	$0	$0
PEDER C JOHNSON	DIRECTOR	0.00	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	No data	No data	No data	No data
2023	$511,967	$17,415	$549,203	$494,552

LIBERO CANTO FOUNDATION INC C/O GOLDGRAB CPA PLLC