Gaudeamus
Nonprofit profile at a glance
- EIN
- 611465232
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024, Form 990-N 2022
- Location
- Blue Bell, PA, USA
- Phone
- 6102914255
- Rating
- 63
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Music Groups, Bands, Ensembles
- Affiliation
- Christianity
Reported finances
- Revenue
- $148,372
- Expenses
- $131,399
- Assets
- $21,065
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Constance Steuer (Executive Director)
People named in this filing
- Constance Steuer (Executive Director)
- Moira DiSazndro (Board Mbr Social Media)
- Carrie Lamina (Board Mbr Medical 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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Gaudeamus is a Christian faith-based ensemble of professional musicians with a passion for sharing their God-given talents through concert performance and recordings. Proceeds generated are directed to organizations supporting the needy, with focus on education and children's medical needs.
What it reported doing in 2024
Children's Hospital of Philadelphia. A Go-Fund-Me, Vera's Village, to cover hospital medical expenses for Vera Rose Macel. Vera was born April 3, 2022 with severe birth defects requiring extended medical support.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
SUPPORTED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 42
- Transparency & Controls: 93
- Sustainability: 45
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 40%; rating input score 40
- Program expense ratio: 45.2%; rating input score 45
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 3rd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 11.4%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 0.16; rating input score 16; 16th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 1.3%; rating input score 25; 25th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 67% per year; rating input score 100; 98th percentile among comparable filings
- Asset growth: 134.9% per year; rating input score 100; 99th percentile among comparable filings
Details
- Where the money goes: 40% of revenue deployed · 45.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 6 filed program accomplishments · $59K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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 — Financial Efficiency: Mission deployment rate scored 40/100.
- Moderate — Financial Efficiency: Program expense ratio scored 45/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Sustainability: Total-asset coverage ratio scored 16/100.
- High — Sustainability: Officer compensation ratio scored 25/100.