Chanticleer Children's Chorus of Wv Inc

Nonprofit profile at a glance

EIN
550730577
IRS 990-EZ coverage
2013–2015
Forms available
Form 990-EZ 2015
Location
Bridgeport, WV, USA
Phone
3046247282
Rating
40
Verdict
MIXED
Rating confidence
Moderate
Sector
Singing, Choral

Reported finances

Revenue
$185,821
Expenses
$265,930
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • LARRY PARSONS (PRESIDENT)

People named in this filing

  • SARAH CARR PARSONS (MUSIC DIRECTOR/SECRETARY)
  • LARRY PARSONS (PRESIDENT)
  • JENNIFER LAWSON (DIRECTOR)

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 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide choral education to youth

What it reported doing in 2015

Youth from ages 6 to 18 are provided choral instructions and performance opportunities. Approximately 150 youth are involved

Operating model

Revenue model
Earned-program. 97% 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

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: 5
  • Transparency & Controls: 82
  • Sustainability: 4
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 5.5%; rating input score 5
  • Program expense ratio: 3.8%; rating input score 4

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -43.1%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 4.1%; rating input score 28; 28th percentile among comparable filings

Growth

  • Program expense growth: 11.3% per year; rating input score 100; 64th percentile among comparable filings
  • Revenue growth: 60.7% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: -16.7% per year; rating input score 0; 11th percentile among comparable filings

Details

  • Where the money goes: 5.5% of revenue deployed · 3.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $10K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2013 to 2015
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 5/100.
  • High — Financial Efficiency: Program expense ratio scored 4/100.
  • High — Sustainability: Operating margin scored 2/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 28/100.