Porterville Strings
Nonprofit profile at a glance
- EIN
- 472680340
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024, Form 990-N 2023
- Location
- Porterville, CA, USA
- Phone
- 5597918115
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Music
Reported finances
- Revenue
- $23,182
- Expenses
- $71,379
- Assets
- $313,198
- Liabilities
- $20
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- RODELYN LIPUMANO (President)
- PAUL YOUNG (Vice President)
People named in this filing
- RODELYN LIPUMANO (President)
- PAUL YOUNG (Vice President)
- GREGORY SMITH (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
Porterville strings provides a diverse, well-rounded program that cultivates the ability for students to lead successful lives through a sincere passion for music.we believe that cost should not restrict a child's access to high quality music education. Therefore, the program aims to provide a low-cost program with full scholarships available.we believe that a variety of caring role-models is essential in creating a wholesome learning environment. Therefore, porterville strings provides a diverse faculty that includes both experienced teachers and emerging college-age musicians.we believe that every student has the potential to achieve high standards in music and in life. Therefore, the approach that porterville strings takes in teaching music promotes an environment of excellence, which nurtures discipline and self-assurance.
What it reported doing in 2024
The program offered 83 students a wide range of learning opportunities such as: piano lessons, music theory, technique class, orchestra, sectionals, chamber ensemble, and private lessons culminating in a final concert at the end of the week.
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
- 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. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 97
- Transparency & Controls: 82
- Sustainability: 37
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 93%; rating input score 93
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -207.9%; rating input score 5; 5th percentile among comparable filings
- Total-asset coverage ratio: 4.39; rating input score 82; 82nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 36; 36th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -176.7% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: -14.3% per year; rating input score 0; 13th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 93% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $66K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- 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: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 5/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 36/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.