Central Academy Band Boosters Inc
Nonprofit profile at a glance
- EIN
- 263689800
- IRS 990-EZ coverage
- 2023–2023
- Forms available
- Form 990-EZ 2023, Form 990-N 2022
- Location
- Monroe, NC, USA
- Rating confidence
- Limited
- Sector
- Single Organization Support
Reported finances
- Revenue
- $71,773
- Expenses
- $74,814
- Assets
- $33,701
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Aaron Parker (President)
- Dayna Milhone (Vice President)
People named in this filing
- Aaron Parker (President)
- Dayna Milhone (Vice President)
- Greg Moore (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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Providing financial assistance for the acquisition and maintenance of instruments: This ensures students have access to the necessary equipment for their musical education. o Funding workshops and clinics with guest artists or instructors: These activities enhance students' musical skills and knowledge beyond the regular curriculum. o Donating funds for music scores, sheet music, and instructional materials: This ensures the band has a diverse repertoire and learning resources. o Supporting participation in educational music festivals and competitions: These opportunities provide valuable learning experiences and foster musical development. o Funding expenses related to marching band competitions and performances: This supports student participation in athletic and artistic endeavors. o Assisting with the transportation of equipment and students to events: Ensuring smooth logistics for participation in band events. o Organizing and funding events that promote band spirit and camaraderi
What it reported doing in 2023
Fundraising events to enhance students musical skills, to provide financial assistance for the acquisition and maintenance of instruments
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
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 33
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -4.2%; rating input score 39; 39th percentile among comparable filings
- Total-asset coverage ratio: 0.45; rating input score 27; 27th 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: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 2 filed schedules
- 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 — Sustainability: Operating margin scored 39/100.
- High — Sustainability: Total-asset coverage ratio scored 27/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.