TEPE Incorporated
Nonprofit profile at a glance
- EIN
- 205359620
- IRS 990-EZ coverage
- 2014–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2013
- Location
- Denver, CO, USA
- Phone
- 7206412414
- Rating
- 41
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Music Groups, Bands, Ensembles
Reported finances
- Revenue
- $70,680
- Expenses
- $78,017
- Assets
- $23,550
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Conrad Kehn (Executive Director)
- Luke Wachter (Board President)
- Joe Bucheit (Board Vice-President)
People named in this filing
- Conrad Kehn (Executive Director)
- Luke Wachter (Board President)
- Joe Bucheit (Board 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
Perform public concerts to increase awareness of, interest in, and appreciation for music of the twentieth and twenty-first centuries.
What it reported doing in 2024
Very Young Composers of VailIn partnership with Youth Power 365 and the New York Philharmonic, VYC Vailis a 10-day music composition program for kids in the Vail Valley.
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
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 4
- Transparency & Controls: 82
- Sustainability: 21
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 3.6%; rating input score 4
- Program expense ratio: 3.2%; rating input score 3
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -10.4%; rating input score 30; 30th percentile among comparable filings
- Total-asset coverage ratio: 0.3; rating input score 21; 21st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 23.1%; rating input score 7; 7th percentile among comparable filings
Growth
- Program expense growth: 1.2% per year; rating input score 100; 52nd percentile among comparable filings
- Revenue growth: 9.1% per year; rating input score 100; 80th percentile among comparable filings
- Asset growth: 9.7% per year; rating input score 100; 71st percentile among comparable filings
Details
- Where the money goes: 3.6% of revenue deployed · 3.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $3K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 11 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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 — Financial Efficiency: Mission deployment rate scored 4/100.
- High — Financial Efficiency: Program expense ratio scored 3/100.
- Moderate — Sustainability: Operating margin scored 30/100.
- High — Sustainability: Total-asset coverage ratio scored 21/100.
- High — Sustainability: Officer compensation ratio scored 7/100.