Hancock County Childrens Choir Ltd

Nonprofit profile at a glance

EIN
461997158
IRS 990-EZ coverage
2016–2024
Forms available
Form 990 2023, Form 990-EZ 2024, Form 990-N 2013
Location
Greenfield, IN, USA
Phone
3176200096
Rating
95
Verdict
STRONG
Rating confidence
Moderate
Sector
Performing Arts Organizations

Reported finances

Revenue
$195,244
Expenses
$182,110
Assets
$122,887
Liabilities
$16,845

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Lisa Heady (Board Chair, Executive Director)
  • Leanne Cherry (Board Member, Vice- President)

People named in this filing

  • Lisa Heady (Board Chair, Executive Director)
  • Joanna Crump (Vice-Chair, Treasurer, Director of Finance)
  • Leanne Cherry (Board Member, 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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Through excellent musical education and mentorship, we equip youth with essential life skills while igniting a community interest in our youth and the arts.

What it reported doing in 2024

Music education and performance: HCCC teaches youth aged 5-18 vocal production, diction, music theory, music history and appreciation, poise, stage presentation and etiquette. Enrollment was 122 in 2024-25. Members are instructed in 32 weekly rehearsals and 2 main performances plus opportunities to travel. Audience attendance is approximately 1,100 per production.

Operating model

Revenue model
Donor-supported. 66% of the money available for current operations came from contributions and gifts.
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: 96
  • Transparency & Controls: 100
  • Sustainability: 42
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93.4%; rating input score 93
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 6.7%; rating input score 51; 51st percentile among comparable filings
  • Total-asset coverage ratio: 0.67; rating input score 46; 46th percentile among comparable filings
  • Liabilities to assets ratio: 0.14; rating input score 21; 21st percentile among comparable filings
  • Officer compensation ratio: 27.1%; rating input score 13; 13th percentile among comparable filings

Growth

  • Program expense growth: 8.8% per year; rating input score 100; 58th percentile among comparable filings
  • Revenue growth: 9.5% per year; rating input score 100; 65th percentile among comparable filings
  • Asset growth: 25% per year; rating input score 100; 85th percentile among comparable filings

Details

  • Where the money goes: 93.4% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $182K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 7 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • 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.

  • Review — Sustainability: Operating margin scored 51/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
  • High — Sustainability: Officer compensation ratio scored 13/100.
  • High — Sustainability: Liabilities to assets ratio scored 21/100.