Charlotte County Concert Band Inc
Nonprofit profile at a glance
- EIN
- 650246735
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Punta Gorda, FL, USA
- Phone
- 9416263570
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Music Groups, Bands, Ensembles
Reported finances
- Revenue
- $64,903
- Expenses
- $57,929
- Assets
- $62,729
- Liabilities
- $4,141
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- OWEN MARKS (PRESIDENT)
People named in this filing
- OWEN MARKS (PRESIDENT)
- DOUG JOYCE (VICE PRESIDE)
- SHIRLEY DEJEAN (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Charlotte county concert band inc, is a not for profit corporation which promotes the advancement of music in the community, with emphasis on particpation by older adults in the band music programs, consisting of rehearsing for and performing in music band concerts. 6 to 7 concerts per year are presented for the community as well as various junior and senior high schools allow the band to come in to perform a concert and talk to children about music.
What it reported doing in 2024
Provided monthly concerts to the community from november to april (snowbird season in Florida). Approximately 350 individuals attended each concert.
Operating model
- Revenue model
- Earned-program. 71% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 93
- Transparency & Controls: 82
- Sustainability: 53
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89.4%; rating input score 89
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 10.7%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 1.08; rating input score 49; 49th percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 20; 20th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 42.4% per year; rating input score 100; 91st percentile among comparable filings
- Revenue growth: 17% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: 14.2% per year; rating input score 100; 80th percentile among comparable filings
Details
- Where the money goes: 89.4% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $58K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2023 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 — Sustainability: Total-asset coverage ratio scored 49/100.
- High — Sustainability: Liabilities to assets ratio scored 20/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.