Rockford Harmony Singing

Nonprofit profile at a glance

EIN
361192020
IRS 990 coverage
2010–2017
Forms available
Form 990 2017
Location
Rockford, IL, USA
Phone
8159657833
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Singing, Choral

Reported finances

Revenue
$111,290
Expenses
$120,688
Assets
$88,187
Liabilities
$5,425

Source: IRS Form 990. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • JIM WOLF (PRESIDENT)
  • STAN GILLENWATER (VICE PRESIDENT)

Highest reported compensation

  • JIM WOLF (PRESIDENT): $33,366 total reported compensation
  • JIM LYNCH ROTATED OFF (PAST BUSINESS MANAGER): $4,080 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The object of this organization shall be to promote and foster songs of scandinavian and american folk-lore, retain affiliation with the norwegian singers association of america and participate actively as far as possible in their annual sangerfest

What it reported doing in 2017

The members perform free concerts of scandinavian and american folksongs to the public. The singing society also visits hospitals, nursing homes, performs at weddings, and at their club frequently throughout the year. The organization offers a full bar during the free concerts as a courtesy to their audiences.

Operating model

Revenue model
Other-operating. 65% of the money available for current operations came from other operating 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. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 90
  • Accountability: 66
  • Sustainability: 27
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 63.6%; rating input score 64
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 88.9%; rating input score 89; 23rd percentile among comparable filings
  • Governance controls: 3 of 9 controls in place; rating input score 33
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -8.4%; rating input score 23; 23rd percentile among comparable filings
  • Total-asset coverage ratio: 0.73; rating input score 35; 35th percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 38; 38th percentile among comparable filings
  • Officer compensation ratio: 31%; rating input score 10; 10th percentile among comparable filings

Growth

  • Program expense growth: -9.5% per year; rating input score 0; 16th percentile among comparable filings
  • Revenue growth: -0.4% per year; rating input score 0; 31st percentile among comparable filings
  • Asset growth: -17.9% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 63.6% of spending went to programs
  • Governance: 8 of 9 board members independent · 3 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $77K in reported program spending
  • Leadership: top reported pay $33K · 11 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 8 filing years from 2010 to 2017
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Accountability: Governance controls: 5 of 8 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 23/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
  • High — Sustainability: Officer compensation ratio scored 10/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 38/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.