West Florida Home Education Musicassociation Inc
Nonprofit profile at a glance
- EIN
- 208851231
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Pensacola, FL, USA
- Phone
- 8507764050
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Music Groups, Bands, Ensembles
Reported finances
- Revenue
- $80,701
- Expenses
- $78,774
- Assets
- $25,715
- Liabilities
- $5,145
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
People named in this filing
- Glenda Jones (Director)
- Rebecca Woodcock (Director)
- Don Snowden (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
Music Education
What it reported doing in 2024
WFHEMA is a band and strings group music education program primarily for homeschoolers. In the previous fiscal year, this included 100 students during the school year and 100 students for the summer music education program. Free concerts with attendance from 300-350 were given. Other outreaches to the community have had 100 people attending.
Operating model
- Revenue model
- Earned-program. 90% 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 82
- Sustainability: 38
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.6%; rating input score 98
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 2.4%; rating input score 50; 50th percentile among comparable filings
- Total-asset coverage ratio: 0.33; rating input score 22; 22nd percentile among comparable filings
- Liabilities to assets ratio: 0.2; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 45.2% per year; rating input score 100; 92nd percentile among comparable filings
- Revenue growth: 22.9% per year; rating input score 100; 91st percentile among comparable filings
- Asset growth: 14.7% per year; rating input score 100; 80th percentile among comparable filings
Details
- Where the money goes: 97.6% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $79K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- 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.
- Review — Sustainability: Operating margin scored 50/100.
- High — Sustainability: Total-asset coverage ratio scored 22/100.
- High — Sustainability: Liabilities to assets ratio scored 14/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.