Century Music Boosters

Nonprofit profile at a glance

EIN
522331932
IRS 990-EZ coverage
2021–2024
Forms available
Form 990 2023, Form 990-EZ 2024
Location
Sykesville, MD, USA
Phone
3037208303
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Private Grantmaking Foundations

Official website

Reported finances

Revenue
$50,082
Expenses
$56,640
Assets
$31,165
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

  • STACY JO KRASA (PRESIDENT)
  • ROSEANNE JOHENGEN (VICE PRESIDENT)

People named in this filing

  • MELINDA ROYNON (TREASURER)
  • KATHLEEN CHUNG (SECRETARY)
  • STACY JO KRASA (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 boosters support the running of the instrumental music programs for the high school, inlcuding marching band and indoor percussion. We provide music, equipment, and uniforms for the students.

What it reported doing in 2024

March band program(~40 students) includingequipement, uniforms, registration fees, transportation, instruction, show design, music rights, props, etc.

Operating model

Revenue model
Earned-program. 100% 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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 94
  • Transparency & Controls: 70
  • Sustainability: 37
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 98.5%; rating input score 99
  • Program expense ratio: 87.1%; rating input score 87

Transparency & Controls

  • Consistency checks: 84.6%; rating input score 85; 2nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -13.1%; rating input score 28; 28th percentile among comparable filings
  • Total-asset coverage ratio: 0.55; rating input score 32; 32nd 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: -19% per year; rating input score 0; 19th percentile among comparable filings
  • Revenue growth: -9.2% per year; rating input score 0; 25th percentile among comparable filings
  • Asset growth: -11.2% per year; rating input score 0; 16th percentile among comparable filings

Details

  • Where the money goes: 98.5% of revenue deployed · 87.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $49K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 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 — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 28/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.