South Shore Drill Team & Performing Arts Ensemble
Nonprofit profile at a glance
- EIN
- 364297695
- IRS 990 coverage
- 2011–2022
- Forms available
- Form 990 2022
- Location
- Chicago, IL, USA
- Phone
- 7737527830
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Amateur Sports
Reported finances
- Revenue
- $1,423,973
- Expenses
- $1,399,686
- Assets
- $141,041
- Liabilities
- $124,621
Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Arthur Robertson (Executive Director)
- Giannina Riccardi (President)
Highest reported compensation
- Arthur Robertson (Executive Director): $96,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization uses performing arts to engage youth throughout their critical teenage years, mitigating the dangers of gangs, drugs and violence while guiding members toward their education and career goals.
What it reported doing in 2022
Performing Arts Training: It takes about a year for a child to learns how to march and two to three years to be a part of the "Big Guard". Rehearsals include discussions on life skills and helping members develop a sense of self-discipline, dedication, teamwork and respect for each other. The chance to perform before an appreciative crowd raises their self-esteem and motivates them to continue working hard in school and at rehearsals. Being part of the team allows young people to travel beyond their neighborhood and meet others from different backgrounds. Winter guard international competition requires specific movements and different equipment, demanding a higher level of commitment and skill. Recreational activities keep youth engaged in the program.
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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 86
- Accountability: 90
- Sustainability: 27
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.6%; rating input score 85
- Program expense ratio: 86.1%; rating input score 86
- Fundraising efficiency: $19.89 raised per $1 spent on fundraising; rating input score 58; 58th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 21st percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 1.7%; rating input score 42; 42nd percentile among comparable filings
- Total-asset coverage ratio: 0.1; rating input score 4; 4th percentile among comparable filings
- Liabilities to assets ratio: 0.88; rating input score 7; 7th percentile among comparable filings
- Officer compensation ratio: 6.9%; rating input score 48; 48th percentile among comparable filings
Growth
- Program expense growth: 32.9% per year; rating input score 100; 91st percentile among comparable filings
- Revenue growth: 2.9% per year; rating input score 100; 36th percentile among comparable filings
- Asset growth: 5% per year; rating input score 100; 40th percentile among comparable filings
Details
- Where the money goes: 84.6% of revenue deployed · 86.1% of spending went to programs
- Governance: 9 of 9 board members independent · 6 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $1.2M in reported program spending
- Leadership: top reported pay $96K · 9 people listed
- Consistency: 41 of 42 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors
- Filing history: 4 filing years from 2011 to 2022
- 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.
- Review — Financial Efficiency: Fundraising efficiency scored 58/100.
- High — Sustainability: Total-asset coverage ratio scored 4/100.
- Moderate — Sustainability: Operating margin scored 42/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 7/100.
- Moderate — Sustainability: Officer compensation ratio scored 48/100.