Nashville Tribute Band

Nonprofit profile at a glance

EIN
473021664
IRS 990-EZ coverage
2015–2024
Forms available
Form 990 2016, Form 990-EZ 2024
Location
Franklin, TN, USA
Phone
6158150403
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Christianity
Affiliation
Christianity

Official website

Reported finances

Revenue
$97,650
Expenses
$89,093
Assets
$6,123
Liabilities
$0

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

Leadership & pay

8 people listed

Executive titles in this filing

  • Jason Deere (President)

People named in this filing

  • Jason Deere (President)
  • Ben Truman (Secretary)
  • Dan Truman (Director)

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

To organize events where music and the Spoken Word are shared by the Organization to pay tribute to the history, culture, and values associated with living as Christians and in living as members of the Church of Jesus Christ of Latter-Day Saints.

What it reported doing in 2024

2024 saw the successful continuation of the mission of the Nashville Tribute Band. With a particular focus on bringing events to Young Single Adults, the organization was able to create impactful, faith promoting experiences across the United States. In order to reach as many YSAs as possible, systems were developed that would allow for both large-scale and small-scale event operations.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
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. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 82
  • Sustainability: 39
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.7%; rating input score 79
  • Program expense ratio: 86.3%; rating input score 86

Transparency & Controls

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

Sustainability

  • Operating margin: 8.8%; rating input score 60; 60th percentile among comparable filings
  • Total-asset coverage ratio: 0.07; rating input score 9; 9th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 33.6%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: -12% per year; rating input score 0; 25th percentile among comparable filings
  • Revenue growth: -13.1% per year; rating input score 0; 20th percentile among comparable filings
  • Asset growth: -17.8% per year; rating input score 0; 11th percentile among comparable filings

Details

  • Where the money goes: 78.7% of revenue deployed · 86.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $77K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 8 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 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.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 9/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.