Mariachi Academy of New England Inc

Nonprofit profile at a glance

EIN
823157004
IRS 990-EZ coverage
2020–2022
Forms available
Form 990-EZ 2022
Location
North Haven, CT, USA
Phone
2033146443
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Music

Reported finances

Revenue
$3,824
Expenses
$4,934
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Lisa R Berlinger (President and Treasurer)
  • Bobby Mazzacane (Vice President of the Board)

People named in this filing

  • Lisa R Berlinger (President and Treasurer)
  • Bobby Mazzacane (Vice President of the Board)
  • Miguel Hernandez (Secretary of the Board)

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 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To strengthen and bridge communities by teaching Mariachi instruments and voice to school children

What it reported doing in 2022

After we announced we were closing the Mariachi Academy, the State of Connecticut elected to give us the remainder of our award from them ($2350) to be used to pay for dissolution expenses, including our lawyer. Filing of this 990 EZ is the last step in the process of our dissolution

Operating model

Revenue model
Donor-supported. 61% 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 revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 93
  • Transparency & Controls: 82
  • Sustainability: 17
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 81.9%; rating input score 82

Transparency & Controls

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

Sustainability

  • Operating margin: -29%; rating input score 20; 20th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 100% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: -88.6% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: -100% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 81.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $4K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2020 to 2022
  • 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 20/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.