Waddell Band Boosters
Nonprofit profile at a glance
- EIN
- 264583310
- IRS 990-EZ coverage
- 2017–2017
- Forms available
- Form 990-EZ 2017, Form 990-N 2016
- Location
- Charlotte, NC, USA
- Phone
- 9803435815
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $68,472
- Expenses
- $67,137
- Assets
- $10,307
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Marceil Handkammer (President)
- Stacey Dobbins (Vice President)
People named in this filing
- Marceil Handkammer (President)
- Stacey Dobbins (Vice President)
- Jeri Ryan (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 2017. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization is formed to assist and support the band programs at Waddell Language Academy (public school). Our goals are to provide: (1) a forum for clear communication and cooperation between parent, students, teachers, and the director of band programs; (2) financial assistance through fundraising or donations to be used for but not limited to the purchase of music, instruments, and other misc equipment; providing transportation and registration for contests and festivals; furthering the educational, musical and social development of band students both individually and collectively; (3) chaperones and transportation services when requested by the band director.
What it reported doing in 2017
Successful 5th grade, 6th grade, 7/8th grade band programs, as well as middle school jazz program. Multiple concerts on campus. Participated with Waddell Orchestra and Waddell Chorus at music festival in Atlanta, Georgia. Hosted Middle School Honors Band for the Charlotte-Mecklenburg School district. Earned Superior rating at MPA regional band competition. Purchased and repaired multiple musical instruments. Purchased sound equipment and sheet music. Continuing ed for the band director.
Operating model
- Revenue model
- Earned-program. 78% 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
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 expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 97
- Transparency & Controls: 82
- Sustainability: 43
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.9%; rating input score 96
- Program expense ratio: 97.8%; rating input score 98
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 1.9%; rating input score 50; 50th percentile among comparable filings
- Total-asset coverage ratio: 0.15; rating input score 13; 13th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 74; 74th 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: 95.9% of revenue deployed · 97.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $66K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Total-asset coverage ratio scored 13/100.
- Review — Sustainability: Operating margin scored 50/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.