FRIENDS OF GRANT MUSIC

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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

John Eisemann

Phone

5033673778

Tax Period

2023-07-01 to 2024-06-30

FRIENDS OF GRANT MUSIC, founded in 2023, is a small nonprofit in the Education sector that reported $345K in total revenue in fiscal year 2023. Expenses of $321K left a modest 7% surplus.

Mission

Friends of Grant Music's mission is to support the music programs and students of US Grant High School.

Program Service Accomplishments

Program 1

Expenses: $264,944 Revenue: $288,677

The mission of the Grant Choral Department is to instill a lifelong appreciation for choral music and to create confident, well-learned, and healthy young adults. Through daily rehearsals, teamwork, and dedication, students will acheive a high level of musical literacy, recognize the value of ensemble music within their community, and develop healthy singing techniques.

Program 2

Expenses: $54,870 Revenue: $56,646

The mission of the Grant Band is to support the transformative power of instrumental music education, fostering cognitive skills, supporting social and emotional development, and contributing to...

The mission of the Grant Band is to support the transformative power of instrumental music education, fostering cognitive skills, supporting social and emotional development, and contributing to school connection and academic success.

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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 $345,323

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $345,323

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $319,814

Other Expenses $320,843

TOTAL EXPENSES $320,843

Year-over-Year Comparison

	2023	2022	Change
Revenue	$345,323	N/A	N/A
Expenses	$320,843	N/A	N/A
Net Income	$24,480	$0	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

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
John Eisemann	Choir Director	5	Officer	$0	$0	$0
Christopher McCurdy	Band Director	3	Officer	$0	$0	$0
Eric Miller	Officer	3	Officer	$0	$0	$0
Kate Peterson	Officer	3	Officer	$0	$0	$0
Lauren Krall	Officer	2	Officer	$0	$0	$0
Ramona Perrault	Officer	2	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
2024	$345,323	$320,843	$57,790	$24,480