Bachs Children Music School Corp
Nonprofit profile at a glance
- EIN
- 300175468
- IRS 990-EZ coverage
- 2009–2023
- Forms available
- Form 990-EZ 2023, Form 990-N 2010
- Location
- Stuart, FL, USA
- Phone
- 7724858820
- Rating
- 47
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Performing Arts Schools
Reported finances
- Revenue
- $45,158
- Expenses
- $41,661
- Assets
- $9,006
- Liabilities
- $7,255
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- MARGRET ONEILL (DIRECTOR)
- ROWDY CARLTON (ARTISTIC DIR)
- ROBERT SWINTON (ASSISTANT DI)
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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To teach string instruments & piano
What it reported doing in 2023
Providing musical training for string instruments and piano for the children located on the treasure coast of Florida.
Operating model
- Revenue model
- Earned-program. 90% of the money available for current operations came from fees and other program revenue.
- 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: 22
- Transparency & Controls: 82
- Sustainability: 35
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 21.4%; rating input score 21
- Program expense ratio: 23.2%; rating input score 23
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 7.7%; rating input score 59; 59th percentile among comparable filings
- Total-asset coverage ratio: 0.22; rating input score 17; 17th percentile among comparable filings
- Liabilities to assets ratio: 0.81; rating input score 6; 6th percentile among comparable filings
- Officer compensation ratio: 4.7%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: -24.5% per year; rating input score 0; 16th percentile among comparable filings
- Revenue growth: -0.8% per year; rating input score 0; 50th percentile among comparable filings
- Asset growth: 16.7% per year; rating input score 100; 82nd percentile among comparable filings
Details
- Where the money goes: 21.4% of revenue deployed · 23.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $10K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 9 filing years from 2009 to 2023
- 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.
- High — Financial Efficiency: Mission deployment rate scored 21/100.
- High — Financial Efficiency: Program expense ratio scored 23/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 17/100.
- Review — Sustainability: Operating margin scored 59/100.
- High — Sustainability: Liabilities to assets ratio scored 6/100.
- High — Sustainability: Officer compensation ratio scored 11/100.