Seaforth Band Association

Nonprofit profile at a glance

EIN
871624892
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024, Form 990-N 2022
Location
Pittsboro, NC, USA
Phone
9193243503
Rating
38
Verdict
REVIEW
Rating confidence
Moderate
Sector
Parent/Teacher Group

Reported finances

Revenue
$81,308
Expenses
$79,734
Assets
$64,149
Liabilities
$2,116

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • KRISTEN NORRIS (PRESIDENT (PART YEAR))
  • BRAD FLOWERS (VICE PRESIDENT (PART YEAR))
  • LINDSAY CAMMETT (VICE PRESIDENT (PART YEAR))
  • KRISTA BONNER (TREASURER / INTERIM PRESIDENT)
  • BRITTANY LEDFORD (PRESIDENT (PART YEAR))

People named in this filing

  • HEATHER BEACHY (MEMBER (PART YEAR))
  • KRISTEN NORRIS (PRESIDENT (PART YEAR))
  • BRAD FLOWERS (VICE PRESIDENT (PART YEAR))

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 seaforth high school marching, concert, symphonic and jazz bands are dedicated tofostering musical excellence, teamwork, and community spirit through the art of both marchingand concert performance. We strive to inspire students to reach their fullest potential, develop alifelong appreciation for music and create memorable experiences that unite our school and ourcommunity. Together we embrace discipline, creativity and passion, celebrating ourachievements both on and off the field as well as whatever stage we are on.

What it reported doing in 2024

Fostering musical excellence, teamwork, and community spirit through the art of both marching and concert performance. We strive to inspire students to reach their fullest potential, develop a lifelong appreciation for music and create memorable experiences that unite our school and our community.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and revenue has grown recently. 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: 0
  • Transparency & Controls: 82
  • Sustainability: 44
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 1.9%; rating input score 49; 49th percentile among comparable filings
  • Total-asset coverage ratio: 0.8; rating input score 41; 41st percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 23; 23rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -200% per year; rating input score 0; 0th percentile among comparable filings
  • Revenue growth: 19.1% per year; rating input score 100; 89th percentile among comparable filings
  • Asset growth: 5.9% per year; rating input score 100; 61st percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2023 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.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 49/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
  • High — Sustainability: Liabilities to assets ratio scored 23/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.