American Funk N Brass Foundation

Nonprofit profile at a glance

EIN
462892421
IRS 990-EZ coverage
2014–2014
Forms available
Form 990-EZ 2014, Form 990-N 2013
Location
Chula Vista, CA, USA
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Music

Reported finances

Revenue
$12,670
Expenses
$12,603
Assets
$67

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • ROBERT WISHNER (President & CEO)

People named in this filing

  • ROBERT WISHNER (President & CEO)
  • BRIAN CHRISTOPHER JENSEN (Secretary)
  • HELINE MIRAZA KHANIAN (Treasurer)

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 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

This corporation has been formed for charitable purposes, to include, but not be limited to: underwrite, teach, and perform funk and brass band music and dance.

What it reported doing in 2014

Informative website, with articles and links to bands, dance troupes and other arts resources. We now have an online store to sell funk and bass band music, books, t-shirts and other branded items to support our work. Contributed to the Mission Bay High School Jazz Preservationists trip from San Diego, CA to New Orleans, LA to play jazz and brass band music in the historic Preservation Hall. We will send them back to NOLA in the summer of 2016. We are in the process of developing the MBHS Summer Jazz Camp to be held for the first time during the summer of 2016. Contributed to a Kick-Starter campaign to help send the Berklee College of Music (Boston) band Unidentified Fusion Orangement to Japan to tour this past July as a student exhibition of the college and to provide jazz/fusion education to Japanese music students.Provide PR, social media and other news services to local funk and brass bands, including the above, the Full Strength Funk Band, Tori Roze and the Hot Mess, and other local musicians, dancers and music venues. Official Sponsor of the radio show The Second Line Parade broadcast on KSDS FM 88.3, Jazz Radio on the City College campus, San Diego CA and streamed live worldwide on Saturday nights at 7pm PST. This show features music, concerts and personalities of musicians from New Orleans, LA. We are hoping to raise funds to officially archive the show and provide programs as podcasts to the public. Sponsor of the Sunday Brunch Funksters Meet Up group in San Diego at the New Orleans inspired restaurant, The Local Habit. We meet every 1st and 3rd Sunday when Tori Roze and her guitarist play original songs, which are inspired by R & B, jazz, funk and rock favorites.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 82
  • Sustainability: 29
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 99.5%; rating input score 99
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 0.5%; rating input score 46; 46th percentile among comparable filings
  • Total-asset coverage ratio: 0.01; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 99.5% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $13K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • 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 — Sustainability: Total-asset coverage ratio scored 3/100.
  • Moderate — Sustainability: Operating margin scored 46/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.