Old First Concerts (EIN 942898233) - 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

1981

Legal Domicile

Principal Officer

Thomas Culp

Phone

4154741608

Tax Period

2021-01-01 to 2021-12-31

Old First Concerts, founded in 1981, is a small nonprofit that reported $209K in total revenue in fiscal year 2021. Revenue decreased 8% compared to the prior year. The organization ran a surplus of $37K, a strong 18% operating margin.

Mission

Concert Presenter

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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 (2021)

Revenue Breakdown

Contributions & Grants $149,154

Program Service Revenue $58,839

Investment Income $5

Other Revenue $731

TOTAL REVENUE $208,729

Expense Breakdown

Grants Paid $0

Salaries & Benefits $121,923

Fundraising Expenses $270

Program Expenses $135,868

Other Expenses $49,792

TOTAL EXPENSES $171,715

Year-over-Year Comparison

	2021	2020	Change
Revenue	$208,729	$227,823	-0.1%
Expenses	$171,715	$155,910	+0.1%
Net Income	$37,014	$71,913	-0.5%

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

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
Walter Kennedy	Director	1.00	Director	$0	$0	$0
Christopher Burt	Director	10.00	Officer Director	$0	$0	$0
Mike Tekulsky	Director	1.00	Director	$0	$0	$0
Darren Presher	Treasurer	1.00	Officer Director	$0	$0	$0
Barbara Marre	Director	2.00	Director	$0	$0	$0
Meina Xu	Director	1.00	Director	$0	$0	$0
Bill Rudiak	Director	1.00	Director	$0	$0	$0
Thomas Culp	President	2.00	Officer Director	$0	$0	$0
Randal Wong	Secretary	1.00	Officer Director	$0	$0	$0
Steve Taber	Director	1.00	Director	$0	$0	$0
Matt Wolka	Executive Direc	40.00	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	$208,729	$171,715	$125,197	$37,014
2020	$227,823	$155,910	$88,416	$71,913

Old First Concerts