Arconet

What it reported doing in 2024

Arconet's programs and projects provide vast opportunities for children and youth in the community we serve. Our efforts and more than 80% of our resources were devoted to improve and expand our programs/projects to empower students and children with artistic, musical, educational, cultural and social activities. Furthermore, students and children have the opportunity to work with prominent musicians and educators from around the world.lessons: students taking private lessons and studying in the orchestras perform for the community during holiday concerts in december, spring, fall recitals, and summer festivals. In 2024/25, more than 190 students performed at such events reaching more than 1,000 community members.outreach program: encompasses charitable activities that promote quality of life for both performers and their audience. Together with the neighborhood notes program, philadelphia public library and others, the program encourages young musicians to perform at retirement homes and communities in disadvantaged areas. Arconet's students and faculty this year performances include: performances in retirements houses, "manna on main street" in lansdale, pa, an organization comitted to ending hunger in the north penn region by providing food, fullfilling social service and education needs, and other communities outreach activitiesthe following summarizes the outcomes of the programs executed this year: lessons and orchestra programproject lessonsattendance 193 enrollees - fall - spring - summer semesterslocation north penn church of christ, north wales project orchestrasattendance 18 enrollees - fall - spring semesterslocation north penn church of christ, north wales project winter and summer boot campsattendance 25 enrollees (only summer camp) and and more than 40 attendeeslocation north penn church of christ, north wales project recitals - fall and springattendance 80 music performances and more than 60 attendeeslocation north penn church of christ. Lansdale, pa project junior ensemble - summerattendance 20 enrollees location north penn church of christ. Lansdale, pa project international spring festivalattendance orchestra performance 24 musicians. Aprox 60 attendeeslocation north penn high school, lansdale, pa project holiday concertattendance 120 tickets sold and aprox. 140 attendeeslocation north penn church of christ. Lansdale, pa project spring orchestra concertattendance 90 tickets sold and aprox. 120 attendeeslocation north penn church of christ. Lansdale, pa project dali quartet international music festivalattendance 63 enrolleeslocation north penn church of christ, north wales, pa project dali quartet international music festivalchamber music fellow recitalattendance aprox. 50 attendeeslocation north penn church of christ, north wales, pa project dali quartet international music festivalfaculty concert by dali quartetattendance aprox. 60 attendeeslocation north penn church of christ, north wales, pa project dali quartet international music festival - recitalsattendance aprox. 40 attendeeslocation north penn church of christ, north wales, pa project dali quartet international music festival - chamber orchestra concertattendance aprox. 70 attendeeslocation north penn church of christ, north wales, paproject alumni camarataattendance two performances during holiday concert and spring concertlocation north penn church of christ

Financial Efficiency

• Mission deployment rate: 75%; rating input score 75
• Program expense ratio: 78.2%; rating input score 78
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Limited
• Related-party transparency: Limited

Accountability

• Independent voting board: 55.6%; rating input score 56; 16th percentile among comparable filings
• Governance controls: 1 of 8 controls in place; rating input score 12
  • Conflict-of-interest policy: Fail
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: Fail
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 4.1%; rating input score 49; 49th percentile among comparable filings
• Total-asset coverage ratio: 0.08; rating input score 6; 6th percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
• Officer compensation ratio: 35.6%; rating input score 8; 8th percentile among comparable filings

Growth

• Program expense growth: -2% per year; rating input score 0; 24th percentile among comparable filings
• Revenue growth: 0.2% per year; rating input score 100; 25th percentile among comparable filings
• Asset growth: 3.4% per year; rating input score 100; 40th percentile among comparable filings