Society For Preservation & Encourmt D004 District Far Western (EIN 956085839) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1951

Legal Domicile

Principal Officer

RICHARD D OWEN

Phone

8187496308

Tax Period

2023-01-01 to 2023-12-31

Society For Preservation & Encourmt D004 District Far Western, founded in 1951, is a small nonprofit that reported $133K in total revenue in fiscal year 2023. Expenses of $186K exceeded revenue, resulting in a 40% operating deficit.

Mission

To provide support services needed to perpetuate quality barbershop singing among District chapters choruses and quartets

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $63,940

Program Service Revenue $69,395

Investment Income $0

Other Revenue $0

TOTAL REVENUE $133,335

Expense Breakdown

Grants Paid $5,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $146,205

Other Expenses $180,907

TOTAL EXPENSES $186,407

Year-over-Year Comparison

	2023	2022	Change
Revenue	$133,335	$133,381	0.0%
Expenses	$186,407	$120,889	+0.5%
Net Income	$-53,072	$12,492	-5.2%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

N/A

Independent Members

N/A

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
BILL ROSICA	Immediate Past Pres	20.00	Officer	$0	$0	$0
KENNY RIOS	President	20.00	Officer	$0	$0	$0
RICHARD OWEN	Treasurer	20.00	Officer	$0	$0	$0
CHARLES ROOT	VP NorCal East Divisio	N/A	Officer	$0	$0	$0
RICHARD POSTAL	VP NorCal West Divisio	N/A	Officer	$0	$0	$0
CODY LITTLEFIELD	VP SoCal East Division	N/A	Officer	$0	$0	$0
KATHY KILEEN	VP SoCal West Division	N/A	Officer	$0	$0	$0
CRAIG HUGHES	Immediate Past Preside	N/A	Officer	$0	$0	$0
ADAM KAUFMAN	VP AZ Division	N/A	Officer	$0	$0	$0
RANDY MEYER	VP Contest Judging	N/A	Officer	$0	$0	$0
GREG DREYER	Secretary	20.00	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	$133,335	$186,407	$91,250	$-53,072

Society For Preservation & Encourmt D004 District Far Western