Smooth Jazz at South Shore Inc

Nonprofit profile at a glance

EIN
261335407
IRS 990-EZ coverage
2011–2012
Forms available
Form 990-EZ 2012
Location
Michigan City, IN, USA
Phone
2198742900
Rating
38
Verdict
REVIEW
Rating confidence
Moderate
Sector
Music Groups, Bands, Ensembles

Official website

Reported finances

Revenue
$5,613
Expenses
$417
Assets
$28,686

Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.

Leadership & pay

9 people listed

Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To introduce and promote the smooth jazz musical genre in northwest Indiana and to advance the following three charitable purposes: (1)addressing the needs of homeless children and families, (2)addressing the needs of women of domestic violence and (3)furthering community efforts to meet the needs of the public in times of natural or man-made crisis or emergencies.

What it reported doing in 2012

Through a concert, the community was introduced to the smooth jazz musical genre.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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 comfortably covers expenses. 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: 76
  • Growth: 20

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; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 92.6%; rating input score 99; 99th percentile among comparable filings
  • Total-asset coverage ratio: 68.79; rating input score 99; 99th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -200% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: -160.6% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: 19.9% per year; rating input score 100; 80th 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: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2011 to 2012
  • 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.
  • High — Growth: Revenue growth scored 0/100.