New Jersey Music Teachers Association Inc
Nonprofit profile at a glance
- EIN
- 222688370
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990 2014, Form 990-EZ 2024
- Location
- Princeton, NJ, USA
- Phone
- 6095589684
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $155,769
- Expenses
- $146,237
- Assets
- $375,507
- Liabilities
- $900
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Hwei-Lan Luo (President)
- Christine Kang (President-Elect)
People named in this filing
- Hwei-Lan Luo (President)
- Marianne Lauffer (Recording Secretary)
- Ikumi Hiraiwa (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
The advancement of musical knowledge and education through discussion, investigation and publicaiton, and the promotion of the general welfare of music teachers in the state of New Jersey
What it reported doing in 2024
The advancement of musical knowledge and education throughdiscussion, investigation and publicaiton, and the promotion ofthe general welfare of music teachers in the state of New Jersey
Operating model
- Revenue model
- Earned-program. 84% 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. Expenses are high relative to revenue and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 82
- Sustainability: 62
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72.6%; rating input score 73
- Program expense ratio: 79.4%; rating input score 79
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 6.1%; rating input score 50; 50th percentile among comparable filings
- Total-asset coverage ratio: 2.57; rating input score 86; 86th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 49; 49th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 1.1% per year; rating input score 100; 33rd percentile among comparable filings
- Revenue growth: 1.7% per year; rating input score 100; 29th percentile among comparable filings
- Asset growth: 2.8% per year; rating input score 100; 37th percentile among comparable filings
Details
- Where the money goes: 72.6% of revenue deployed · 79.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $116K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2022 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Review — Sustainability: Operating margin scored 50/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 49/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.