Trenton Children's Chorus Inc

Nonprofit profile at a glance

EIN
452633120
IRS 990 coverage
2011–2020
Forms available
Form 990 2020
Location
Ewing, NJ, USA
Phone
6092780822
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Singing, Choral

Official website

Reported finances

Revenue
$481,512
Expenses
$385,637
Assets
$520,826
Liabilities
$60,417

Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • ALTHEA WILLIAMS (CO-PRESIDENT)
  • CHRISTINA ORSINI BRODERICK (CO-PRESIDENT)

Highest reported compensation

  • KATE MULLIGAN (EXCUTIVE DIR): $66,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Tcc is a unique after-school program offering exceptional musical, academic, social, and personal opportunities for young people in the greater trenton area.

What it reported doing in 2020

Tcc provides cultural enrichment and self-development opportunities to under-served children and youth from k-12th grade in trenton, nj and the surrounding area, through traditional choral music education and performance opportunities including rehearsal, music theory instruction, tutoring, homework assistance and a generous healthy snack. 150 students were served with 10 current students or graduates receiving scholarship support for tutoring, music lessons, private secondary schools and college. 43 children were placed in summer music and academic enrichment programs.

Operating model

Revenue model
Donor-supported. 90% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 96% 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

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 59
  • Transparency & Controls: 94
  • Accountability: 100
  • Sustainability: 51
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 56.4%; rating input score 56
  • Program expense ratio: 70.1%; rating input score 70
  • Fundraising efficiency: $12.49 raised per $1 spent on fundraising; rating input score 39; 39th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 79th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 19.9%; rating input score 68; 68th percentile among comparable filings
  • Total-asset coverage ratio: 1.35; rating input score 42; 42nd percentile among comparable filings
  • Liabilities to assets ratio: 0.12; rating input score 33; 33rd percentile among comparable filings
  • Officer compensation ratio: 17.1%; rating input score 27; 27th percentile among comparable filings

Growth

  • Program expense growth: -0.6% per year; rating input score 0; 44th percentile among comparable filings
  • Revenue growth: 3.8% per year; rating input score 100; 58th percentile among comparable filings
  • Asset growth: 3.7% per year; rating input score 100; 44th percentile among comparable filings

Details

  • Where the money goes: 56.4% of revenue deployed · 70.1% of spending went to programs
  • Governance: 15 of 15 board members independent · 7 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $270K in reported program spending
  • Leadership: top reported pay $66K · 15 people listed
  • Consistency: 29 of 29 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 9 filing years from 2011 to 2020
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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: Mission deployment rate scored 56/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 39/100.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
  • High — Sustainability: Officer compensation ratio scored 27/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 33/100.