American Friends of the Verbier Festival & Academy
Nonprofit profile at a glance
- EIN
- 133882864
- IRS 990-EZ coverage
- 2013–2015
- Forms available
- Form 990-EZ 2015
- Location
- New York, NY, USA
- Phone
- 2125795876
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $106,930
- Expenses
- $100,607
- Assets
- $53,227
Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- HANS BOLSTERLI (President)
- MARGARITA MELIKJANIAN (Vice President)
People named in this filing
- HANS BOLSTERLI (President)
- MARGARITA MELIKJANIAN (Vice President)
- MARINA SMITH (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 2015. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To support musical and education programs.
What it reported doing in 2015
To cultivate and promote appreciation of music worldwide.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 100
- Sustainability: 45
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.5%; rating input score 94
- Program expense ratio: 99.4%; rating input score 99
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: 5.9%; rating input score 53; 53rd percentile among comparable filings
- Total-asset coverage ratio: 0.53; rating input score 43; 43rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings
Growth
- Program expense growth: -33.7% per year; rating input score 0; 6th percentile among comparable filings
- Revenue growth: -11.3% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: 25.2% per year; rating input score 100; 81st percentile among comparable filings
Details
- Where the money goes: 93.5% of revenue deployed · 99.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $100K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2013 to 2015
- Contacts: How to reach this organization
- 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 — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Operating margin scored 53/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.