SOCIETY FOR PRESERVATION & ENCRGMNT OF BARBERSHOP QUARTET SINGING AMER

EIN: 900402357 501(c)(3)

Cortlandt Manor, NY

Total Revenue
$114,175
Total Expenses
$112,353
Total Assets
$9,775
Net Assets
$9,775
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
NY
Principal Officer
Braden Lynk
Phone
3476880059
Tax Period
2024-01-01 to 2024-12-31

SOCIETY FOR PRESERVATION & ENCRGMNT OF BARBERSHOP QUARTET SINGING AMER, founded in 2008, is a small nonprofit that reported $114K in total revenue in fiscal year 2024. Revenue surged 95% from the prior year, signaling strong growth momentum.

Mission

Founded in 2008, The Hell's Kitchen, NY Chapter of the Society for the Preservation and Encouragement of Barber Shop Quartet Singing in America, Inc. (SPEBSQSA) is a not-for-profit organization whose mission is to promote the rich American tradition of barbershop harmony. As a chapter of SPEBSQSA, a.k.a. the Barbershop Harmony Society (BHS), we are part of a 20,000 member international organization that promotes barbershop as an art form, enriches lives through singing, and provides service to our communities. The chorus performs, competes, and does business as Voices of Gotham (VoG). VoG is ranked by the BHS as one of the top twenty barbershop choruses worldwide. The chapter also supports the SATB chorus Gotham Chorus. With over 120 members and growing, the HK chapter is a dues-paying organization that includes high school and college students, professional actors and musicians, and people of all ages, socio-economic, and cultural backgrounds who enjoy raising their voices in song.

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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 (2024)

Revenue Breakdown

Contributions & Grants $58,704
Program Service Revenue $55,471
Investment Income $0
Other Revenue $0
TOTAL REVENUE $114,175

Expense Breakdown

Grants Paid $2,800
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $112,353
Other Expenses $109,553
TOTAL EXPENSES $112,353

Year-over-Year Comparison

2024 2023 Change
Revenue $114,175 $58,440 +1.0%
Expenses $112,353 $63,514 +0.8%
Net Income $1,822 $-5,074 -1.4%
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
6
Independent Members
6
Employees
N/A
Volunteers
120

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
6
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lawrence Bomback CEO & Secretary 8
Officer
$0 $0 $0
Meredith Rich COO & President 8
Officer
$0 $0 $0
Braden Lynk CFO & Treasurer 8
Officer
$0 $0 $0
Kara Scharwath Chief Marketing Officer 8
Officer
$0 $0 $0
Mika Nagashima Chief Program Officer 8
Officer
$0 $0 $0
Colleen Christi Willett Chief Membership Officer 8
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 No data No data No data No data
2024 $114,175 $112,353 $9,775 $1,822
2023 $58,440 $63,514 $7,953 $-5,074
2022 $34,367 $34,602 $12,131 $-235
2021 $21,553 $28,095 $13,067 $-6,542
2020 $10,552 $17,305 $20,369 $-6,753
2019 $65,478 $53,818 $27,122 $11,660
2018 $44,032 $43,371 $15,462 $661
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