VUSIC HEALS INC (EIN 931551512) - 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

2023

Legal Domicile

Principal Officer

REGINALD WHITE

Phone

2524492627

Tax Period

2023-05-08 to 2023-12-31

VUSIC HEALS INC, founded in 2023, is a small nonprofit in the Arts, Culture & Humanities sector that reported $145K in total revenue in fiscal year 2023. The organization ran a surplus of $134K, a strong 92% operating margin.

Mission

OUR MISSION AT VUSIC HEALS IS TO INFUSE JOY AND HEALING ENERGY INTO PEOPLES LIVES THROUGH THE TRANSFORMATIVE POWER OF MUSIC. WE BELIEVE THAT MUSIC HAS THE UNPARALLELED ABILITY TO UPLIFT SPIRITS, FOSTER CONNECTIONS, AND INSPIRE HOPE. WE ARE DEDICATED TO PROVIDING ACCESS TO LIVE MUSIC EXPERIENCES, CREATING HEALING MUSICAL MOMENTS AND EVENTS THAT BRING HAPPINESS AND SOLACE TO INDIVIDUALS AND FAMILIES FACING DIVERSE LIFE CHALLENGES. OUR COMMITMENT SPANS A WIDE SPECTRUM OF NEEDS, FROM INDIVIDUALS SEEKING A MOMENT OF RESPITE AND ESCAPISM AT A LIVE SHOW, BUT UNABLE TO AFFORD A TICKET, TO CRAFTING UPLIFTING EXPERIENCES FOR FAMILIES STRUGGLING WITH THE TRIALS OF MENTAL, PHYSICAL, HEALTH, OR LOSS-RELATED HARDSHIPS. WE ENVISION A WORLD WHERE THE UNIVERSAL LANGUAGE OF MUSIC IS A SOURCE OF COMFORT, HEALING, AND UNITY FOR ALL. AT VUSIC HEALS, WE HARMONIZE THE NOTES OF COMPASSION AND GENEROSITY TO FOSTER POSITIVE CHANGE, ONE MUSICAL EXPERIENCE AT A TIME.

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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 (2023)

Revenue Breakdown

Contributions & Grants $145,162

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $145,162

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $11,038

Other Expenses $11,038

TOTAL EXPENSES $11,038

Year-over-Year Comparison

	2023	2022	Change
Revenue	$145,162	N/A	N/A
Expenses	$11,038	N/A	N/A
Net Income	$134,124	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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REGINALD WHITE	PRESIDENT,TR	10.00	Officer	$0	$0	$0
CONNIE GRIZZARD	VP AND SECRE	10.00	Officer	$0	$0	$0
KEVIN BERNARD	VP AND DIREC	10.00	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
2023	$145,162	$11,038	$134,124	$134,124

VUSIC HEALS INC