MUSIC CITY BASS

EIN: 932503980 501(c)(3) Recreation & Sports

FRANKLIN, TN

Total Revenue
$116,704
Total Expenses
$31,873
Total Assets
$85,632
Net Assets
$84,831
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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
TN
Principal Officer
LIZANNE SPELIGENE
Phone
6155797402
Tax Period
2023-08-01 to 2024-07-31

MUSIC CITY BASS, founded in 2023, is a small nonprofit in the Recreation & Sports sector that reported $117K in total revenue in fiscal year 2023. The organization ran a surplus of $85K, a strong 73% operating margin.

Mission

RECREATIONAL FISHING FOR MIDDLE TN MIDDLE AND HIGH SCHOOL STUDENTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $43,289
Program Service Revenue $73,415
Investment Income $0
Other Revenue $0
TOTAL REVENUE $116,704

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $31,015
Other Expenses $31,873
TOTAL EXPENSES $31,873

Year-over-Year Comparison

2023 2022 Change
Revenue $116,704 N/A N/A
Expenses $31,873 N/A N/A
Net Income $84,831 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

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Governance

Voting Members
5
Independent Members
5
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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HEATHER BRAKEFIELD MEMBERSHIP 10.00
Officer
$0 $0 $0
AMY CHILDS SECRETARY 10.00
Officer
$0 $0 $0
JASON NARANCICH VICE PRESIDE 1.00
Officer
$0 $0 $0
LIZANNE SPELIGENE TREASURER 10.00
Officer
$0 $0 $0
JASON WINN PRESIDENT 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
2024 $116,704 $31,873 $85,632 $84,831
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