American Composers Forum Philadelphia Chapter
Nonprofit profile at a glance
- EIN
- 300126180
- IRS 990-EZ coverage
- 2014–2020
- Forms available
- Form 990-EZ 2020
- Location
- Philadelphia, PA, USA
- Phone
- 2158049873
- Rating
- 46
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Music
Reported finances
- Revenue
- $57,436
- Expenses
- $50,174
- Assets
- $40,559
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- BILL RHOADS (PRESIDENT)
- JAY LEVIN (VICE PRESIDENT)
People named in this filing
- BILL RHOADS (PRESIDENT)
- DUSTIN HURT (CHAPTER DIRECTOR)
- ERIN BUSCH (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Support local composers find markets for their music
What it reported doing in 2020
Support local comosers and develop new markets for thrir music
Operating model
- Revenue model
- Donor-supported. 96% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 4
- Transparency & Controls: 100
- Sustainability: 47
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 3.5%; rating input score 4
- Program expense ratio: 4%; rating input score 4
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 12.6%; rating input score 62; 62nd percentile among comparable filings
- Total-asset coverage ratio: 0.81; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
- Officer compensation ratio: 75.1%; rating input score 1; 1st percentile among comparable filings
Growth
- Program expense growth: -36.5% per year; rating input score 0; 14th percentile among comparable filings
- Revenue growth: 10.1% per year; rating input score 100; 89th percentile among comparable filings
- Asset growth: -28.7% per year; rating input score 0; 6th percentile among comparable filings
Details
- Where the money goes: 3.5% of revenue deployed · 4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $2K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2014 to 2020
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Mission deployment rate scored 4/100.
- High — Financial Efficiency: Program expense ratio scored 4/100.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 1/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.