Northern Valley Youth Orchestras
Nonprofit profile at a glance
- EIN
- 452394716
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990-EZ 2024
- Location
- Grand Forks, ND, USA
- Phone
- 7017573009
- Rating
- 96
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts Education
Reported finances
- Revenue
- $137,524
- Expenses
- $130,779
- Assets
- $56,618
- Liabilities
- $1,359
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Corey Thompson (President)
- Ryan Zerr (Vice President)
People named in this filing
- Corey Thompson (President)
- Ryan Zerr (Vice President)
- Matthew Ternus (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 provide an exceptional education experience to members of the orchestras and chamber music programs and to provide artistic performances that enrich the lives of developing musicians, our communities, and our region.
What it reported doing in 2024
Dal Segno Music Camp. Provided instruction in chamber music to string and wind musicians. Presented a formal concert and a second performance at the local farmer's market.
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
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 100
- Sustainability: 38
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96%; rating input score 96
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 4.9%; rating input score 47; 47th percentile among comparable filings
- Total-asset coverage ratio: 0.43; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 36; 36th percentile among comparable filings
- Officer compensation ratio: 31.4%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: 8.6% per year; rating input score 100; 58th percentile among comparable filings
- Revenue growth: 6% per year; rating input score 100; 52nd percentile among comparable filings
- Asset growth: 7.6% per year; rating input score 100; 53rd percentile among comparable filings
Details
- Where the money goes: 96% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $132K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 7 of 8 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
- Moderate — Sustainability: Operating margin scored 47/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
- High — Sustainability: Officer compensation ratio scored 11/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 36/100.