Soharmoniums Incorporated
Nonprofit profile at a glance
- EIN
- 471857828
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990-EZ 2024
- Location
- New York, NY, USA
- Phone
- 2124310581
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Singing, Choral
Reported finances
- Revenue
- $114,096
- Expenses
- $102,787
- Assets
- $35,593
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- JULIE GALDIERI (PRESIDENT)
People named in this filing
- DEBORAH MCMANUS (BOARD CHAIR)
- JULIE GALDIERI (PRESIDENT)
- FELICIA LIPSON (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
Sing to bring joy of music and enrich diverse communities.
What it reported doing in 2024
Provided concerts at various venues including aholiday and a spring concert delivering the goal to share the joy of music. Provided expert choral instruction
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 100
- Sustainability: 38
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.3%; rating input score 84
- Program expense ratio: 93.6%; rating input score 94
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 9.9%; rating input score 58; 58th percentile among comparable filings
- Total-asset coverage ratio: 0.35; rating input score 29; 29th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 15.6%; rating input score 18; 18th percentile among comparable filings
Growth
- Program expense growth: 7.9% per year; rating input score 100; 56th percentile among comparable filings
- Revenue growth: 5.3% per year; rating input score 100; 49th percentile among comparable filings
- Asset growth: 8.4% per year; rating input score 100; 56th percentile among comparable filings
Details
- Where the money goes: 84.3% of revenue deployed · 93.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $96K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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 — Sustainability: Total-asset coverage ratio scored 29/100.
- Review — Sustainability: Operating margin scored 58/100.
- High — Sustainability: Officer compensation ratio scored 18/100.