Sphs Music Boosters Inc
Nonprofit profile at a glance
- EIN
- 272879742
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- South Pasadena, CA, USA
- Phone
- 6264415820
- Rating
- 96
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $154,833
- Expenses
- $143,525
- Assets
- $90,313
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- ELIZABETH HONG (CEO)
- CRISTIAN OVALLE (VICE PRESIDENT)
- CHARLES THOMPSON (VICE PRESIDENT)
People named in this filing
- ELIZABETH HONG (CEO)
- MARK MATLOCK (CFO)
- FRANCES RENTMEESTER (SECRETARY)
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 mission of the sphs music boosters is to support excellence in the music program at sphs & to promote the music program in the community. The fundraising bridges the gap between the funding provided to the music dept. & what is required to ensure that sphs students receive the richest & most complete music education experience available. As the official private fund-raising org. For the sphs music dept., the sphs music boosters encourages & organizes parents' involvement & assists the music director in support of the marching band, concert band, symphonic band, color guard, orchestra, jazz band, winter drum line & winter color guard. Proceeds are used to provide music, instruments, instrument repairs & financial support for competitions. We believes that music is a critical component in the education of our children. The music program is traditionally under funded & through fundraising & volunteering at events & competitions, donations aid in our efforts to advance ed., music & the arts.
What it reported doing in 2024
The acheivements of the sphs music boosters included providing music, instruments, instrument repairs, equipment maintenance, instructors and financial support for competitions for the various bands at south pasadena high school.
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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 100
- Sustainability: 54
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.7%; rating input score 93
- Program expense ratio: 100%; rating input score 100
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: 7.3%; rating input score 53; 53rd percentile among comparable filings
- Total-asset coverage ratio: 0.63; rating input score 44; 44th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 5.2% per year; rating input score 100; 48th percentile among comparable filings
- Revenue growth: 5.1% per year; rating input score 100; 48th percentile among comparable filings
- Asset growth: 4.9% per year; rating input score 100; 44th percentile among comparable filings
Details
- Where the money goes: 92.7% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $144K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 4 filed schedules
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Sustainability: Operating margin scored 53/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 44/100.