Musicians in Action-co
Nonprofit profile at a glance
- EIN
- 811121333
- IRS 990-EZ coverage
- 2016–2019
- Forms available
- Form 990-EZ 2019
- Location
- Littleton, CO, USA
- Phone
- 3033589258
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Music
Reported finances
- Revenue
- $2,331
- Expenses
- $1,506
- Assets
- $3,731
Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- MARC OLSON (President)
- MIKE RUST (Vice President)
People named in this filing
- MARC OLSON (President)
- SUSAN ENGELTAD (Treasurer)
- MIKE RUST (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 2019. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To mobilizes local musicians to aid Colorado's homeless through various music events, in-kind donation drives and the volunteerism activities.
What it reported doing in 2019
Provided clothing and food to the gathering place, urban peak and senior support systems.
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
- Grant intermediary. The nonprofit sent 84% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 82
- Sustainability: 67
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 64.6%; rating input score 65
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 35.4%; rating input score 85; 85th percentile among comparable filings
- Total-asset coverage ratio: 2.48; rating input score 69; 69th 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: -13.2% per year; rating input score 0; 25th percentile among comparable filings
- Revenue growth: -7.3% per year; rating input score 0; 32nd percentile among comparable filings
- Asset growth: 39.2% per year; rating input score 100; 94th percentile among comparable filings
Details
- Where the money goes: 64.6% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $2K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2016 to 2019
- 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 — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.