Guyana Lutheran Music Academy

Nonprofit profile at a glance

EIN
461506675
IRS 990-EZ coverage
2013–2020
Forms available
Form 990-EZ 2020
Location
Minneapolis, MN, USA
Phone
6125543310
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Performing Arts Schools
Affiliation
Christianity

Reported finances

Revenue
$36
Expenses
$1,556
Assets
$5,097
Liabilities
$9,300

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

Leadership & pay

8 people listed

People named in this filing

  • Linda Berger (Board Member)
  • Kenneth DeFor (Board Member)
  • Ashley Fewins (Board Member)

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

The mission of Guyana Lutheran Music Academy is to develop and promote multicultural understanding and a global perspective among American educators and Guyanese students by providing a comprehensive and affordable music education through a high quality music academy located in Guyana, South America.

What it reported doing in 2020

To develop and promote multicultural understanding and a global perspective among American educators and Guranese students by providing a comprehensive and affordable music education through a high quality music academy located in Guyana, Africa.

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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 82
  • Sustainability: 27
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 30.3%; rating input score 30

Transparency & Controls

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

Sustainability

  • Operating margin: -4,222.2%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 3.28; rating input score 67; 67th percentile among comparable filings
  • Liabilities to assets ratio: 1.82; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -10.1% per year; rating input score 0; 37th percentile among comparable filings
  • Revenue growth: -33.9% per year; rating input score 0; 12th percentile among comparable filings
  • Asset growth: -23.2% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 30.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $471 in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 8 filing years from 2013 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.

  • Moderate — Financial Efficiency: Program expense ratio scored 30/100.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.