Coventry Band Parent Association Inc
Nonprofit profile at a glance
- EIN
- 341752786
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- Akron, OH, USA
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $55,323
- Expenses
- $39,550
- Assets
- $94,319
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Natalie McGee (President)
- Connie Harman (Vice President)
People named in this filing
- Natalie McGee (President)
- Connie Harman (Vice President)
- Ronda Laywer (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
The general purpose of the Association is the creation and maintenance of enthusiastic interest in the various phases of the Instrumental Music Department of the Coventry Local School District; to lend financial and moral support; to cooperate with those in charge of the Department and the School Board that the Instrumental Music Department might be brought to and kept at the highest possible degree of efficacy; to build and maintain this organization which will help promote the general activities of the Instrumental Music Department; and to receive and maintain funds to use and apply said funds for any duly authorized project or activity of the Coventry Instrumental Music Department or the Association.
What it reported doing in 2024
General Program Support. Provided for the purchase of colorguard equipment sheet music uniform articles and meals during performances. Provided for the cleaning and upkeep of marching band uniforms and miscellaneous musical equipment other than instruments.
Operating model
- Revenue model
- Other-operating. 85% of the money available for current operations came from other operating revenue.
- Distribution model
- Member-benefit provider. The nonprofit used 93% of its reported program spending for member benefits.
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: 76
- Transparency & Controls: 82
- Sustainability: 65
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 66.2%; rating input score 66
- Program expense ratio: 91.6%; rating input score 92
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 28.5%; rating input score 80; 80th percentile among comparable filings
- Total-asset coverage ratio: 2.38; rating input score 69; 69th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -24.9% per year; rating input score 0; 15th percentile among comparable filings
- Revenue growth: -11.2% per year; rating input score 0; 22nd percentile among comparable filings
- Asset growth: 24.6% per year; rating input score 100; 89th percentile among comparable filings
Details
- Where the money goes: 66.2% of revenue deployed · 91.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $36K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2022 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.
- Review — Sustainability: Officer compensation ratio scored 56/100.