The Melba Foundation
Nonprofit profile at a glance
- EIN
- 883934358
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024
- Location
- Pasadena, CA, USA
- Phone
- 6198476609
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Music
Reported finances
- Revenue
- $49,013
- Expenses
- $40,703
- Assets
- $16,669
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
1 person listed
People named in this filing
- Melissa Alcazar (Executive Dir.)
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 Melba Foundation is a 501c3 non-profit memorial scholarship and organization who's mission is to keep music alive by providing free and/or affordable music education, instruments & supplies to those who are committed and passionate about studying music with an emphasis on underserved communities. The Melba Foundation was created in memorial of Melba DeJoya Alcazar. All concerts and events are sponsored by our generous donors as well as the incredible volunteers who believe in our mission.
What it reported doing in 2024
Provided services to children in the field of music
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 82
- Sustainability: 47
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.4%; rating input score 77
- Program expense ratio: 93.2%; rating input score 93
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 17%; rating input score 70; 70th percentile among comparable filings
- Total-asset coverage ratio: 0.41; rating input score 26; 26th 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: Limited
- Revenue growth: 117.7% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: 66.4% per year; rating input score 100; 97th percentile among comparable filings
Details
- Where the money goes: 77.4% of revenue deployed · 93.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $38K in reported program spending
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- 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.
- High — Sustainability: Total-asset coverage ratio scored 26/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.