I V C Band Boosters

Nonprofit profile at a glance

EIN: 364208271
IRS 990-EZ coverage: 2021–2024
Forms available: Form 990-EZ 2024
Location: Chillicothe, IL, USA
Phone: 3092745481
Rating: 57
Verdict: MIXED
Rating confidence: Moderate
Sector: Student Services, Organizations of Students

Reported finances

Revenue: $96,171
Expenses: $114,866
Assets: $79,221
Liabilities: $0

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

Leadership & pay

12 people listed

Executive titles in this filing

Jennifer Krause (President)
Jean Lacy (Vice President)

People named in this filing

Jennifer Krause (President)
Jean Lacy (Vice President)
Joel Taylor (Treasurer)

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

Assist Public School Fundraising for Band Program

What it reported doing in 2024

Purchased band equipment, supplies, instruments and band instruction for the IVC Band Program

Operating model

Revenue model: Earned-program. 64% of the money available for current operations came from fees and other program revenue.
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

MIXED - 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: 38
Transparency & Controls: 82
Sustainability: 36
Growth: 60

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 40.8%; rating input score 41
Program expense ratio: 34.2%; rating input score 34

Transparency & Controls

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

Sustainability

Operating margin: -19.4%; rating input score 23; 23rd percentile among comparable filings
Total-asset coverage ratio: 0.69; rating input score 37; 37th percentile among comparable filings
Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

Program expense growth: -30.8% per year; rating input score 0; 13th percentile among comparable filings
Revenue growth: 5.8% per year; rating input score 100; 73rd percentile among comparable filings
Asset growth: 11.3% per year; rating input score 100; 75th percentile among comparable filings

Details

Where the money goes: 40.8% of revenue deployed · 34.2% of spending went to programs
Governance: Filed governance answers
Accomplishments: 2 filed program accomplishments · $39K in reported program spending
Leadership: top reported pay $0 · 12 people listed
Consistency: 8 of 9 current checks pass · 1 finding to review
Schedules: 2 filed schedules
Filing history: 4 filing years from 2021 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.

Moderate — Financial Efficiency: Mission deployment rate scored 41/100.
Moderate — Financial Efficiency: Program expense ratio scored 34/100.
Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
High — Growth: Program expense growth scored 0/100.
High — Sustainability: Operating margin scored 23/100.
Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
Review — Sustainability: Officer compensation ratio scored 56/100.