Westlake High School Choral Booster

Nonprofit profile at a glance

EIN
770559992
IRS 990-EZ coverage
2024–2024
Forms available
Form 990 2023, Form 990-EZ 2024
Location
Thousand Oaks, CA, USA
Phone
8054976711
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Singing, Choral

Official website

Reported finances

Revenue
$84,569
Expenses
$105,034
Assets
$105,078
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • AMI NIKOLIC (PRESIDENT)

People named in this filing

  • AMI NIKOLIC (PRESIDENT)
  • NICOLE KOLDE (SECRETARY)
  • BARTON JONES (TREASURER)

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

The organization exists to promote & encourage parent & student participation in the extra-curricular activities of the westlake high school choral music department and to provide financial support to school choral music department and to provide financial support to purchase equipment, materials, supplies and travel costs due to budgetary cutbacks for the program from the school district.

What it reported doing in 2024

The organization provides funding in support of the students in the choral music program at westlake high school. The organization assists with the payments for costume purchases, travel costs to festivals, performance costs, lessons, music camp, equipment, and supplies and materials related to the activities of the choral program when funding from the school is not available. Direct grants to the westlake high school music department to supplement salary funding over and above district budget amounts are used to provide salaries for additional teachers and accompanists needed to maintain the high level of the choir program.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 82
  • Sustainability: 38
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.3%; rating input score 86
  • Program expense ratio: 69%; rating input score 69

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -24.2%; rating input score 21; 21st percentile among comparable filings
  • Total-asset coverage ratio: 1; rating input score 46; 46th 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: -8.9% per year; rating input score 0; 26th percentile among comparable filings
  • Asset growth: -2.6% per year; rating input score 0; 30th percentile among comparable filings

Details

  • Where the money goes: 86.3% of revenue deployed · 69% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $72K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 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 — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 21/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.