RECREATIONAL MUSIC CENTER (EIN 900603019) - 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

2010

Legal Domicile

Principal Officer

DAVID GEREGHTY

Phone

6192259597

Tax Period

2020-01-01 to 2020-12-31

RECREATIONAL MUSIC CENTER, founded in 2010, is a small nonprofit that reported $375K in total revenue in fiscal year 2020. Revenue fell 61% from the prior year — a significant decline worth monitoring.

Mission

CULTIVATE THE JOY OF MAKING MUSIC THROUGH RELEVANT, CUTTING EDGE TEACHING METHODS, MAKING THEM AVAILABLE TO EVERYONE REGARDLESS OF FINANCIAL RESOURCES OR OTHER BARRIERS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $172,135

Program Service Revenue $193,778

Investment Income $9,064

Other Revenue $386

TOTAL REVENUE $375,363

Expense Breakdown

Grants Paid $5,785

Salaries & Benefits $253,597

Fundraising Expenses $6,277

Program Expenses $266,143

Other Expenses $107,006

TOTAL EXPENSES $366,388

Year-over-Year Comparison

	2020	2019	Change
Revenue	$375,363	$960,470	-0.6%
Expenses	$366,388	$953,335	-0.6%
Net Income	$8,975	$7,135	+0.3%

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

$27,619

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID GEREGHTY	EXECUTIVE DIRECTOR	50.00	Officer	$27,619	$0	$27,619
CRYSTAL TRULL	PRESIDENT	10.00	Officer Director	$0	$0	$0
JEREMY NICHOLS	TREASURER	5.00	Officer Director	$0	$0	$0
GENEVIEVE WILLIAMSON	SECRETARY	5.00	Officer Director	$0	$0	$0
STEVE WEDEL	DIRECTOR	3.00	Director	$0	$0	$0
RICH GEISLER	DIRECTOR	5.00	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
2020	$375,363	$366,388	No data	$8,975
2019	$960,470	$953,335	$28,790	$7,135
2018	$1,080,066	$1,082,290	$34,492	$-2,224

RECREATIONAL MUSIC CENTER