Eldorado Choir Boosters Inc

Nonprofit profile at a glance

EIN
850377983
IRS 990-EZ coverage
2015–2016
Forms available
Form 990-EZ 2016
Location
Albuquerque, NM, USA
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Singing, Choral

Official website

Reported finances

Revenue
$193,303
Expenses
$209,850
Assets
$14,278
Liabilities
$2,400

Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • CHRISTI BACHMANN (President)
  • JENNY NEWMAN (Vice President)
  • YOLANDA FABIAN (VICE PRESIDENT)

People named in this filing

  • CHRISTI BACHMANN (President)
  • LINDA FRASCHILLA (Secretary)
  • JENNY NEWMAN (Vice President)

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 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Eldorado Choir Boosters, Inc. is an organization that supports the Eldorado High School Program. It serves approximately 139 students from 9th-12th grade. The choir performs concerts locally as well as competes in and out of New Mexico.

What it reported doing in 2016

The Eldorado Choir Boosters, Inc. is an organization that supports the Eldorado High School Program. It serves approximately 120 students from 9th-12th grade. The choir performs concerts locally as well as competes in and out of New Mexico.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 82
  • Sustainability: 20
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 97.8%; rating input score 98

Transparency & Controls

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

Sustainability

  • Operating margin: -8.6%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 0.07; rating input score 8; 8th percentile among comparable filings
  • Liabilities to assets ratio: 0.17; rating input score 26; 26th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings

Growth

  • Program expense growth: 31.8% per year; rating input score 100; 86th percentile among comparable filings
  • Revenue growth: 25.1% per year; rating input score 100; 88th percentile among comparable filings
  • Asset growth: -77.6% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 97.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $205K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2015 to 2016
  • 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 — Sustainability: Operating margin scored 15/100.
  • High — Sustainability: Total-asset coverage ratio scored 8/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 26/100.