Transcend Choral & Community Music Foundation
Nonprofit profile at a glance
- EIN
- 921663177
- IRS 990-EZ coverage
- 2023–2023
- Forms available
- Form 990-EZ 2023
- Location
- New York, NY, USA
- Phone
- 2038922625
- Rating
- 47
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Singing, Choral
Reported finances
- Revenue
- $14,533
- Expenses
- $11,260
- Assets
- $3,273
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Felix Graham (CEO/President)
People named in this filing
- Felix Graham (CEO/President)
- Adam Holbrook (CFO/Treasurer)
- Skye Etoile (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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote and build the transgender and gender expansive community through singing.
What it reported doing in 2023
Trans Day of Remembrance at the Silo. Nov 12, 2023.Approx income 1000, approx expenses 500. 200 attendees; choral performance and amabassador appearance at arts space The Silo. Choral performance and appearance for Trans Day of Remembrance, an important date in the trans and gender expansive community.
Operating model
- Revenue model
- Earned-program. 60% of the money available for current operations came from fees and other program revenue.
- 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. 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: 22
- Transparency & Controls: 82
- Sustainability: 56
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 20.3%; rating input score 20
- Program expense ratio: 26.2%; rating input score 26
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 22.5%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 0.29; rating input score 20; 20th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 20.3% of revenue deployed · 26.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $3K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- 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.
- High — Financial Efficiency: Mission deployment rate scored 20/100.
- High — Financial Efficiency: Program expense ratio scored 26/100.
- High — Sustainability: Total-asset coverage ratio scored 20/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.