SNOWMAN FOUNDATION INC (EIN 931277926) - 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

1999

Legal Domicile

Principal Officer

Ken Hick

Phone

5034722179

Tax Period

2020-07-01 to 2021-06-30

SNOWMAN FOUNDATION INC, founded in 1999, is a small nonprofit that reported $252K in total revenue in fiscal year 2020. Revenue surged 1447% from the prior year, signaling strong growth momentum. Expenses of $459K exceeded revenue, resulting in a 82% operating deficit.

Mission

To give all children access to music through inspiration, instruments, and instruction.

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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 $251,999

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $251,999

Expense Breakdown

Grants Paid $444,524

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $451,515

Other Expenses $14,274

TOTAL EXPENSES $458,798

Year-over-Year Comparison

	2020	2019	Change
Revenue	$251,999	$16,290	+14.5%
Expenses	$458,798	$61,875	+6.4%
Net Income	$-206,799	$-45,585	+3.5%

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

N/A

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

$6,200

Total Directors

$6,200

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kathleen Bernards	Sec/Treasurer	3.00	Officer Director	$0	$6,200	$6,200
Stephen DeWalt	Director	1.00	Officer Director	$0	$0	$0
Ken Hick	President	1.00	Officer Director	$0	$0	$0
Jeff Aden	Director	1.00	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
2021	$251,999	$458,798	$17,615	$-206,799
2020	$16,290	$61,875	$224,414	$-45,585
2019	$371,360	$459,641	$275,495	$-88,281

SNOWMAN FOUNDATION INC