COLLECTIVE SOUND NFP

EIN: 882443261 501(c)(3)

DECATUR, IL

Total Revenue
$17,089
Total Expenses
N/A
Total Assets
$17,089
Net Assets
$17,089
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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
IL
Principal Officer
TOM MULLIGAN
Phone
2177254032
Tax Period
2022-07-01 to 2023-06-30

COLLECTIVE SOUND NFP, founded in 2022, is a micro nonprofit that reported $17K in total revenue in fiscal year 2022.

Mission

TO PROVIDE FUNDING FOR THE EDUCATION IN THE PERFORMING ARTS, WHICH INCLUDES VOCAL MUSIC, INSTRUMENTAL MUSIC, DANCE, PRODUCTION, LIGHTING, STAGING AND COSTUMING REQUIRED FOR A MUSICAL STAGE SHOW.

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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 (2022)

Revenue Breakdown

Contributions & Grants $8,668
Program Service Revenue $0
Investment Income $0
Other Revenue $8,421
TOTAL REVENUE $17,089

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2022 2021 Change
Revenue $17,089 N/A N/A
Expenses N/A N/A N/A
Net Income N/A N/A 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

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Governance

Voting Members
4
Independent Members
4
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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONNTRISA JONES SECRETARY 5.00
Officer Director
$0 $0 $0
TOM MULLIGAN TREASURER 5.00
Officer Director
$0 $0 $0
MARCUS REID PRESIDENT 5.00
Officer Director
$0 $0 $0
CHAN SMALLEY VICE PRESIDE 5.00
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
2023 $17,089 No data $17,089 No data
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