Tri-county Music Association Inc
Nonprofit profile at a glance
- EIN
- 237297617
- IRS 990-EZ coverage
- 2009–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Rochester, MA, USA
- Phone
- 5085779609
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $67,293
- Expenses
- $50,831
- Assets
- $113,709
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- JENNIFER ESTACIO (Vice President)
- JESSICA BARRETT (President)
- SCOTT ESTACIO (Vice President)
People named in this filing
- JENNIFER ESTACIO (Vice President)
- JESSICA BARRETT (President)
- ELIZABETH MACKENZIE (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Sponsor musical band performances & award scholarships.
What it reported doing in 2024
Annual concert program included five performances.area residents attended these programs.seven musical scholarships were awarded along with six summer study grants.
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 62% for direct work, and 38% for grants.
The verdict
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 59
- Transparency & Controls: 100
- Sustainability: 63
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 52.6%; rating input score 53
- Program expense ratio: 69.6%; rating input score 70
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 24.5%; rating input score 77; 77th percentile among comparable filings
- Total-asset coverage ratio: 2.24; rating input score 68; 68th 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: -1.9% per year; rating input score 0; 43rd percentile among comparable filings
- Revenue growth: -0.5% per year; rating input score 0; 49th percentile among comparable filings
- Asset growth: 6% per year; rating input score 100; 61st percentile among comparable filings
Details
- Where the money goes: 52.6% of revenue deployed · 69.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $35K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 12 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 53/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.