Resounding Harmony

Nonprofit profile at a glance

EIN
262915366
IRS 990-EZ coverage
2011–2014
Forms available
Form 990-EZ 2014
Location
Dallas, TX, USA
Phone
8179139978
Rating
56
Verdict
MIXED
Rating confidence
Moderate
Sector
Music

Official website

Reported finances

Revenue
$71,549
Expenses
$81,930
Assets
$5,033
Liabilities
$5,229

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

10 people listed

People named in this filing

  • Mr Mark Knight (Chairman of the Board)
  • Robert Huneke (Treasurer)
  • Ms Barbara Bach (Secretary)

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 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Resounding Harmony is a diverse group of men and women whose mission is to enrich and effect change in its listeners by sharing the gift of song through benefit performances for worthy causes and organizations; and by proclaiming the worth, dignity and equality of every human being through the harmony created.

What it reported doing in 2014

Spring Choral Music Concert provided to the Public on June 28 & 29, 2014. There were approximately 115 volunteers who participated in the choral performances. The proceeds from the concert were donated to Paws in the City of Dallas. The mission of Paws in the City is to end the overpopulation, abuse, and neglect of Dallas area dogs and cats. Their goal is that every adoptable dog and cat finds a loving home.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 73% for direct work, and 27% for grants.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 45
  • Transparency & Controls: 82
  • Sustainability: 15
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 46.9%; rating input score 47
  • Program expense ratio: 40.9%; rating input score 41

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -14.5%; rating input score 24; 24th percentile among comparable filings
  • Total-asset coverage ratio: 0.06; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 1.04; rating input score 6; 6th percentile among comparable filings
  • Officer compensation ratio: 17%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: -27.5% per year; rating input score 0; 18th percentile among comparable filings
  • Revenue growth: -12.7% per year; rating input score 0; 27th percentile among comparable filings
  • Asset growth: -51.3% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 46.9% of revenue deployed · 40.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $34K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2011 to 2014
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 47/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 41/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 24/100.
  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 6/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.