Brick Twsp Mem Hs Band Supp Assn

Nonprofit profile at a glance

EIN
223832608
IRS 990-EZ coverage
2015–2024
Forms available
Form 990-EZ 2024
Location
Brick, NJ, USA
Phone
7329220228
Rating
56
Verdict
MIXED
Rating confidence
Moderate
Sector
Single Organization Support

Reported finances

Revenue
$77,668
Expenses
$48,858
Assets
$116,296

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

Leadership & pay

7 people listed

Executive titles in this filing

  • CHRISTINE SOMMERS (Vice President)
  • DANIEL DANTONI (President)

People named in this filing

  • SARAH ABDELRAHMAN (RECORDING SEC)
  • SETH DIBENEDICTIS (CORR SEC)
  • CHRISTINE SOMMERS (Vice President)

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

The sole purpose of this organization is to support the brick township memorial high school band program. The organization runs numerous fundraising programs to supplement the financial support that the band receives from the board of education. Virtually all of the net proceeds of these fundraisers are either given to the brick township memorial high school general fund for band related activities or payments are made to third parties on behalf of the brick township memorial high school general fund for band related expenses or activities.

What it reported doing in 2024

Gift auctionfunds raised for band competition and scholarshipsthe gift auction funds were used for band competition expenses and to make scholarship grants for brick memorial students/band members. There are approximately 80 band members and nearly 1,600 students in brick memorial high school.

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
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 revenue comfortably covers expenses. 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: 37
  • Transparency & Controls: 82
  • Sustainability: 67
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 30.2%; rating input score 30
  • Program expense ratio: 48%; rating input score 48

Transparency & Controls

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

Sustainability

  • Operating margin: 37.1%; rating input score 85; 85th percentile among comparable filings
  • Total-asset coverage ratio: 2.38; rating input score 69; 69th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -12.9% per year; rating input score 0; 24th percentile among comparable filings
  • Revenue growth: -2.1% per year; rating input score 0; 43rd percentile among comparable filings
  • Asset growth: 7.5% per year; rating input score 100; 66th percentile among comparable filings

Details

  • Where the money goes: 30.2% of revenue deployed · 48% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $23K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 6 of 7 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 10 filing years from 2015 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 30/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 48/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.