The New Sounds of Joy Inc
Nonprofit profile at a glance
- EIN
- 542032194
- IRS 990-EZ coverage
- 2009–2025
- Forms available
- Form 990-EZ 2025
- Location
- Virginia Beach, VA, USA
- Phone
- 7573400043
- Rating
- 66
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Singing, Choral
Reported finances
- Revenue
- $3,873
- Expenses
- $5,167
- Assets
- $4,672
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- JOHN SAETTA (President)
- JIM FINCHENANUER (Vice President)
People named in this filing
- DONNA CORBET (Member@Large)
- JOHN SAETTA (President)
- ROBERT MOONEY (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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Bring joy to those for whom we perform. Promote and support local muscians, educate children, give free performances.
What it reported doing in 2025
Bring joy to those whom we perform, promote and support local muscians educate children give free performances to nursing homes and retirement communities.
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
- Hybrid. The nonprofit split its reported program spending across 70% for direct work, and 30% for grants.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 63
- Transparency & Controls: 82
- Sustainability: 27
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.1%; rating input score 69
- Program expense ratio: 51.8%; rating input score 52
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -33.4%; rating input score 16; 16th percentile among comparable filings
- Total-asset coverage ratio: 0.9; rating input score 45; 45th 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: -8% per year; rating input score 0; 31st percentile among comparable filings
- Revenue growth: -7% per year; rating input score 0; 30th percentile among comparable filings
- Asset growth: -2.1% per year; rating input score 0; 31st percentile among comparable filings
Details
- Where the money goes: 69.1% of revenue deployed · 51.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $3K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 16 filing years from 2009 to 2025
- 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 — Financial Efficiency: Program expense ratio scored 52/100.
- High — Sustainability: Operating margin scored 16/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.