Convocations International Inc Dbainstitute of Music Worship&the Arts

Nonprofit profile at a glance

EIN
710718815
IRS 990-EZ coverage
2010–2020
Forms available
Form 990-EZ 2020
Location
Bella Vista, AR, USA
Phone
4792549188
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Specialized Education Institutions
Affiliation
Christianity

Official website

Reported finances

Revenue
$89,195
Expenses
$88,710
Assets
$271,917
Liabilities
$2,444

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • DR SCOTT BUSS (President)
  • DR CAROLYN BUSS (Vice President)

People named in this filing

  • DR SCOTT BUSS (President)
  • DR CAROLYN BUSS (Vice President)
  • DR ROBERT DOORN (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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To train students of all ages to excel in music, the arts and related ministry. To serve communities, churches and schools both here and abroad.

What it reported doing in 2020

Private Lessons and Classes : 102 students received training in dance, voice and various musical instruments. Many opportunities to perform in recitals, contests, nursing homes, clubs and churches are provided.There was 1 college student in 2020.

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 - 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: 84
  • Transparency & Controls: 100
  • Sustainability: 52
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 84%; rating input score 84
  • Program expense ratio: 83.3%; rating input score 83

Transparency & Controls

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

Sustainability

  • Operating margin: 0.5%; rating input score 47; 47th percentile among comparable filings
  • Total-asset coverage ratio: 3.07; rating input score 66; 66th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 37; 37th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -3.6% per year; rating input score 0; 52nd percentile among comparable filings
  • Revenue growth: -5.2% per year; rating input score 0; 46th percentile among comparable filings
  • Asset growth: -1.6% per year; rating input score 0; 33rd percentile among comparable filings

Details

  • Where the money goes: 84% of revenue deployed · 83.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $74K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 11 filing years from 2010 to 2020
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 47/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 37/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.