Soli Deo Gloria Choir Inc

Nonprofit profile at a glance

EIN
840832955
IRS 990-EZ coverage
2024–2024
Forms available
Form 990-EZ 2024, Form 990-N 2023
Location
Colorado Springs, CO, USA
Phone
7192601300
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Educational Services and Schools - Other

Reported finances

Revenue
$134,543
Expenses
$108,753
Assets
$112,983
Liabilities
$13,850

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

Leadership & pay

10 people listed

Executive titles in this filing

  • GAIL WALTERS (PRESIDENT)
  • ABIGAIL DEVITO (VICE PRESIDENT)

People named in this filing

  • NATHANIEL VOELKER (ARTISTIC/EXE DIRECTR)
  • GAIL WALTERS (PRESIDENT)
  • ABIGAIL DEVITO (VICE PRESIDENT)

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

To bring musical arts to Colorado front range communities by offering free performance and community engagement events

What it reported doing in 2024

Educational & charitable: provided education to 200+ students via vocal coaching, music theory lessions, and weekly rehearsals with professional instructors community concerts: 12 free to the community concerts with 140-160 singers and instrumentalists; local venues accessible to a broad audience with estimated attendance of 5,000 people across all performances choral education & outreach: provided musical education programs via rehearsals, classes, workshops, and partnerships with local schools; guest youth choir performances with multigenerational choirs concerts. Approximately 200 participants with scholarships available to those in need. Community engagement: performed at 12 free to the public events and community gatherings venues, local festivals, and assisted living facilities to spread the joy of music and make choral music accesible to all.

Operating model

Revenue model
Donor-supported. 74% of the money available for current operations came from contributions and gifts.
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. Reported officer compensation is a large share of total spending, which may reflect staffing concentration and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 100
  • Sustainability: 56
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.8%; rating input score 78
  • Program expense ratio: 96.2%; rating input score 96

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: 19.2%; rating input score 73; 73rd percentile among comparable filings
  • Total-asset coverage ratio: 1.04; rating input score 61; 61st percentile among comparable filings
  • Liabilities to assets ratio: 0.12; rating input score 22; 22nd percentile among comparable filings
  • Officer compensation ratio: 35.6%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 77.8% of revenue deployed · 96.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $105K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 1 filing year from 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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: Officer compensation ratio scored 9/100.
  • High — Sustainability: Liabilities to assets ratio scored 22/100.