St Stephens Music Boosters

Nonprofit profile at a glance

EIN
237363209
IRS 990-EZ coverage
2018–2022
Forms available
Form 990-EZ 2022
Location
Hickory, NC, USA
Rating
87
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$40,044
Expenses
$37,701
Assets
$51,813

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • CHAD CROUCH (PRESIDENT)
  • DARBY GRUBER (V PRESIDENT)

People named in this filing

  • CHAD CROUCH (PRESIDENT)
  • DARBY GRUBER (V PRESIDENT)
  • ELIZABETH BEISLER (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 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

See statement 1

What it reported doing in 2022

Assist in outside programs for band and individual band students as needed to round out st stephens high school band 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.

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: 94
  • Transparency & Controls: 82
  • Sustainability: 48
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 91.7%; rating input score 92
  • Program expense ratio: 97.3%; rating input score 97

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 5.9%; rating input score 56; 56th percentile among comparable filings
  • Total-asset coverage ratio: 1.37; rating input score 52; 52nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 9.5% per year; rating input score 100; 73rd percentile among comparable filings
  • Revenue growth: 9.2% per year; rating input score 100; 80th percentile among comparable filings
  • Asset growth: 3.1% per year; rating input score 100; 51st percentile among comparable filings

Details

  • Where the money goes: 91.7% of revenue deployed · 97.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $37K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2018 to 2022
  • Contacts: How to reach this organization
  • 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 56/100.
  • Review — Sustainability: Total-asset coverage ratio scored 52/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.