CONSERVATORY OF VOCAL AND INSTRUMENTAL ARTS HIGH (EIN 942948014) - 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

1984

Legal Domicile

Principal Officer

DR VALERIE ABAD

Phone

5102857511

Tax Period

2020-07-01 to 2021-06-30

CONSERVATORY OF VOCAL AND INSTRUMENTAL ARTS HIGH, founded in 1984, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2020. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

THE OBJECTIVES OF THE CORPORATION ARE TO PROVIDE INFORMATION AND EDUCATIONAL INSTRUCTION TO STUDENTS, TEACHERS, AND OTHERS IN THE COMMUNITY, AND TO PROVIDE ACCESS TO MUSIC AND TECHOLOGY EDUCATION.

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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 $1,103,733

Program Service Revenue $0

Investment Income $2,270

Other Revenue $42,472

TOTAL REVENUE $1,148,475

Expense Breakdown

Grants Paid $0

Salaries & Benefits $832,070

Fundraising Expenses $0

Program Expenses $808,054

Other Expenses $307,604

TOTAL EXPENSES $1,139,674

Year-over-Year Comparison

	2020	2019	Change
Revenue	$1,148,475	$1,048,979	+0.1%
Expenses	$1,139,674	$1,309,605	-0.1%
Net Income	$8,801	$-260,626	-1.0%

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

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

$77,978

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WALTER MCCOY	PRESIDENT	1.00	Officer Director	$0	$0	$0
SHEIKH FAIZ	SECRETARY	1.00	Officer Director	$0	$0	$0
WILLIAM HYNES	BOARD MEMBER	1.00	Director	$0	$0	$0
SHEILA POMPEY	BOARD MEMBER	1.00	Director	$0	$0	$0
SHELLY JAMES	BOARD MEMBER	1.00	Director	$0	$0	$0
DR VALERIE ABAD	PRINCIPAL	40.00	Officer	$47,082	$30,896	$77,978

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	$1,148,475	$1,139,674	$601,676	$8,801
2020	$1,048,979	$1,309,605	$748,093	$-260,626
2019	$1,081,924	$1,199,054	$969,453	$-117,130
2018	$1,043,618	$1,401,008	$1,161,999	$-357,390

CONSERVATORY OF VOCAL AND INSTRUMENTAL ARTS HIGH