We250 Corporation
Nonprofit profile at a glance
- EIN
- 991746481
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- Berwyn, PA, USA
- Phone
- 2159157000
- Rating
- 42
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Music
Reported finances
- Revenue
- $93,130
- Expenses
- $91,897
- Assets
- $1,233
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
People named in this filing
- MARTHA MCGEARY SNIDER (CHAIR)
- DOMINIC RONCACE (DIRECTOR)
- SHERRY LEMONICK (DIRECTOR)
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
With the belief that music holds the power to shift social change, a benefit concert to support civics education will be held in philadelphia in celebration of our nations 250th anniversary of the signing of the declaration of independence.top tier musical, sports and entertainment talent will perform and inspire our citizen audience to embrace the personal power that they hold as informed and engaged citizen leaders. Working with the jack miller center for civics education, we250 will coordinate programming with local and area schools to encourage participation in community leadership programs, which in turn will "earn" attendance at the concert. All net proceeds after programming costs will be distributed to the jack miller center to fund this and future programs.
What it reported doing in 2024
The corporation was formed in 2024 and is in its start-up phase of coordinating solicitation and management efforts to raise funds for the upcoming charitable benefit concert and related entertainment events and activities.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
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: 0
- Transparency & Controls: 100
- Sustainability: 39
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
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: 1.3%; rating input score 48; 48th percentile among comparable filings
- Total-asset coverage ratio: 0.01; rating input score 6; 6th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th 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: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 8 of 8 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.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 6/100.
- Moderate — Sustainability: Operating margin scored 48/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.