Cary Apex Youth Choir
Nonprofit profile at a glance
- EIN
- 824397668
- IRS 990-EZ coverage
- 2023–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2022
- Location
- Cary, NC, USA
- Phone
- 9199491278
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Singing, Choral
Reported finances
- Revenue
- $145,161
- Expenses
- $91,414
- Assets
- $188,655
- Liabilities
- $6,166
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Laura Delauney (President)
People named in this filing
- Laura Delauney (President)
- Sonna Raman (Fund Development)
- Jennifer Canada (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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide high quality choral music education to young singers in a fun, engaging environment.
What it reported doing in 2025
Through music from around the world, CAYC teaches music-reading, vocal, and performance skills
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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 - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 100
- Sustainability: 70
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 58.8%; rating input score 59
- Program expense ratio: 93.4%; rating input score 93
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 37%; rating input score 86; 86th percentile among comparable filings
- Total-asset coverage ratio: 2.06; rating input score 80; 80th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 29; 29th percentile among comparable filings
- Officer compensation ratio: 16.4%; rating input score 19; 19th percentile among comparable filings
Growth
- Program expense growth: 36.6% per year; rating input score 100; 86th percentile among comparable filings
- Revenue growth: 17.8% per year; rating input score 100; 79th percentile among comparable filings
- Asset growth: 32.7% per year; rating input score 100; 87th percentile among comparable filings
Details
- Where the money goes: 58.8% of revenue deployed · 93.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $85K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2023 to 2025
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 59/100.
- High — Sustainability: Officer compensation ratio scored 19/100.
- High — Sustainability: Liabilities to assets ratio scored 29/100.