WAM BLOCK PARTY INC

EIN: 880864412 501(c)(3) Food, Agriculture & Nutrition

LOS ANGELES, CA

Total Revenue
$18,494
Total Expenses
$20,000
Total Assets
$2,875
Net Assets
$2,875
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
CA
Principal Officer
GEOFF TAYLOR
Phone
3106061492
Tax Period
2023-01-01 to 2023-12-31

WAM BLOCK PARTY INC, founded in 2022, is a micro nonprofit in the Food, Agriculture & Nutrition sector that reported $18K in total revenue in fiscal year 2023. Revenue fell 49% from the prior year — a significant decline worth monitoring.

Mission

WESTCHESTER ARTS & MUSIC (WAM)BLOCK PARTY WAS ORGANIZED AS A NONPROFITCOMUNITY BENEFIT CORPORATION IN MARCH 2022 WITH IT'S PRIMARY PURPOSE TOORGANIZE ART & MUSIC EVENTS TO FUND THE LOCAL COMMUNITY GARDEN WITH ITSPROCEEDS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $50,793
Program Service Revenue $0
Investment Income $0
Other Revenue $-32,299
TOTAL REVENUE $18,494

Expense Breakdown

Grants Paid $20,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $20,000
Other Expenses $0
TOTAL EXPENSES $20,000

Year-over-Year Comparison

2023 2022 Change
Revenue $18,494 $36,273 -0.5%
Expenses $20,000 $35,000 -0.4%
Net Income $-1,506 $1,273 -2.2%
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

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Governance

Voting Members
N/A
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEOFF TAYLOR CEO/PRESIDENT 0.00
Director
$0 $0 $0
LEANA DA SILVA TREASURER 0.00
Director
$0 $0 $0
JOLENE DOUCETTE SECRETARY 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 $18,494 $20,000 $2,875 $-1,506
2022 $36,273 $35,000 $4,783 $1,273
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