Young Singers of the Palm Beaches

Legal name: Young Singers of the Palm Beaches Inc

Nonprofit profile at a glance

EIN
300193514
IRS 990 coverage
2011–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024
Location
West Palm Beach, Florida, USA
Phone
561-651-4429
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Elementary, Secondary Education, K - 12

Official website

Reported finances

Revenue
$1,143,142
Expenses
$1,099,867
Assets
$455,187
Liabilities
$139,745

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

Leadership & pay

13 people listed

Executive titles in this filing

  • KAI LI FOUTS JETTE (PRESIDENT)

Highest reported compensation

  • MELANEE BLANKSTEIN (EX DIR AFTER): $85,983 total reported compensation
  • HOLLY J STEWART LCSW (EX DIR UNTIL): $85,817 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Young Singers of the Palm Beaches believes that choral music education is a valuable resource in the development of productive participants in our society. We transform the lives of young singers in our community by teaching life skills through music.

What it reported doing in 2024

Young singers is palm beach county's award-winning community children's choir, comprised of children in grades 2 through 12. Our 350+ member choir produce two annual concerts at the kravis center for the performing arts as well as performing at community events, with the palm beach symphony and palm beach opera, and at carnegie hall. Using music as a common denominator, young singers provides our students a safe environment for artistic excellence, personal growth and social development. - artistic excellence: we are known for our high level of musicianship and entertaining concerts. Yspb expands our singers' knowledge in genres of music, cultural diversity, and choral technique. - personal growth: opportunities are provided to enrich performance skills, leadership skills, and build self confidence. - social development: we foster communication, team building and problem solving. Our choir members learn the importance of community outreach and service. They act as our ambassadors when they perform in small ensembles and as soloists throughout our community.

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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 92
  • Accountability: 90
  • Sustainability: 33
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.5%; rating input score 74
  • Program expense ratio: 76.1%; rating input score 76
  • Fundraising efficiency: $16.06 raised per $1 spent on fundraising; rating input score 52; 52nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 90.9%; rating input score 91; 23rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 3.8%; rating input score 47; 47th percentile among comparable filings
  • Total-asset coverage ratio: 0.41; rating input score 19; 19th percentile among comparable filings
  • Liabilities to assets ratio: 0.31; rating input score 24; 24th percentile among comparable filings
  • Officer compensation ratio: 15.6%; rating input score 22; 22nd percentile among comparable filings

Growth

  • Program expense growth: 5.9% per year; rating input score 100; 46th percentile among comparable filings
  • Revenue growth: 4.7% per year; rating input score 100; 42nd percentile among comparable filings
  • Asset growth: 3.8% per year; rating input score 100; 33rd percentile among comparable filings

Details

  • What they do: 5 programs and campaigns described on the official site · 5 operating locations identified
  • Where the money goes: 73.5% of revenue deployed · 76.1% of spending went to programs
  • Governance: 10 of 11 board members independent · 7 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $837K in reported program spending
  • Leadership: top reported pay $86K · 13 people listed
  • Consistency: 30 of 30 current checks pass
  • Schedules: 7 filed schedules · includes major donors
  • Filing history: 14 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Fundraising efficiency scored 52/100.
  • Moderate — Sustainability: Operating margin scored 47/100.
  • High — Sustainability: Total-asset coverage ratio scored 19/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Sustainability: Officer compensation ratio scored 22/100.
  • High — Sustainability: Liabilities to assets ratio scored 24/100.