Bands of the Villages Inc

Nonprofit profile at a glance

EIN
274023414
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024, Form 990-N 2015
Location
The Villages, FL, USA
Phone
3526332286
Rating
40
Verdict
MIXED
Rating confidence
Moderate
Sector
Community Celebrations

Reported finances

Revenue
$77,194
Expenses
$82,360
Assets
$36,828
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Ed Germain (President and Chairman of Board)
  • Linda Miller (Vice-President)

People named in this filing

  • Ed Germain (President and Chairman of Board)
  • Linda Miller (Vice-President)
  • Donna Carroll (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Support charities involved in music, music education, senior health and our countries military families.

What it reported doing in 2024

$25,000 was donated to Fisher House, Gainesville, FL, serving families of VA patients, $11,000 to local schools for their music programs, $8,000 to Schwartz Scholarship Fund & Washington Scholarship Fund (music scholarships,) $3,053 local school camp fund, $3,000 disaster relief fund, $5,000 local family cancer facilities.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

MIXED - The filed numbers largely add up and program spending has grown recently. 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: 1
  • Transparency & Controls: 82
  • Sustainability: 39
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 1.4%; rating input score 1
  • Program expense ratio: 1.3%; rating input score 1

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -6.7%; rating input score 34; 34th percentile among comparable filings
  • Total-asset coverage ratio: 0.45; rating input score 27; 27th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 23% per year; rating input score 100; 84th percentile among comparable filings
  • Revenue growth: 18.2% per year; rating input score 100; 89th percentile among comparable filings
  • Asset growth: 5.9% per year; rating input score 100; 61st percentile among comparable filings

Details

  • Where the money goes: 1.4% of revenue deployed · 1.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $1K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 1 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 1/100.
  • High — Financial Efficiency: Program expense ratio scored 1/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • Moderate — Sustainability: Operating margin scored 34/100.
  • High — Sustainability: Total-asset coverage ratio scored 27/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.