Coral Glades High School Music Association Inc
Nonprofit profile at a glance
- EIN
- 201369808
- IRS 990-EZ coverage
- 2009–2015
- Forms available
- Form 990-EZ 2015
- Location
- Coral Springs, FL, USA
- Phone
- 9542146082
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $91,094
- Expenses
- $102,057
- Assets
- $34,169
Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- CARMEN MARACOTTA (PRESIDENT)
- PAM MEHRINGER (PRESIDENT EL)
People named in this filing
- CARMEN MARACOTTA (PRESIDENT)
- MARIBEL GARCIA (VICE PRESIDE)
- LISA KLITZ (TREASURER)
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
The purpose of this organization is to enlist the cooperation of parents, school, and the community for the purpose of actively supporting and promoting the band students, band program and the band director of coral glades high school.
What it reported doing in 2015
The students of coral glades senior high benefited from this organization's work. The funds raised allowed the students to improve their musical skills through the use of clinicians, music written specifically for them and participation in various music venues. All contributions, fees, assessments and fund raising went specifically for this purpose and to insure the future of the program for incoming students.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Member-benefit provider. The nonprofit used 94% of its reported program spending for member benefits.
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: 100
- Transparency & Controls: 82
- Sustainability: 26
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 98.7%; rating input score 99
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -12%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 0.33; rating input score 23; 23rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: -1.9% per year; rating input score 0; 45th percentile among comparable filings
- Revenue growth: -6.2% per year; rating input score 0; 36th percentile among comparable filings
- Asset growth: -15.2% per year; rating input score 0; 17th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 98.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $101K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2009 to 2015
- 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.
- High — Sustainability: Operating margin scored 27/100.
- High — Sustainability: Total-asset coverage ratio scored 23/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.