Youth Musical Empowerment
Nonprofit profile at a glance
- EIN
- 264085937
- IRS 990-EZ coverage
- 2010–2010
- Forms available
- Form 990-EZ 2010
- Location
- Nashville, TN, USA
- Rating
- 50
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Music
Reported finances
- Revenue
- $50,000
- Expenses
- $55,411
- Assets
- $8,047
Source: IRS Form 990-EZ. Selected filing: tax year 2010. Amounts in USD.
Leadership & pay
3 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Youth Musical Empowerment is organized to guide, nurture and positively impact deserving youth through musical performance, and thereby provide these students an opportunity to confirm that ambition and dedication to success in music and in life.
What it reported doing in 2010
The organization is in the process of developing youth music programs to support the organization's exempt purpose.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
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: 19
- Transparency & Controls: 100
- Sustainability: 18
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 20%; rating input score 20
- Program expense ratio: 18%; rating input score 18
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 50th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -10.8%; rating input score 30; 30th percentile among comparable filings
- Total-asset coverage ratio: 0.15; rating input score 12; 12th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 20% of revenue deployed · 18% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $10K in reported program spending
- Leadership: top reported pay $48K · 3 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Money network: 1 filed money-flow record
- 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 — Financial Efficiency: Mission deployment rate scored 20/100.
- High — Financial Efficiency: Program expense ratio scored 18/100.
- Moderate — Sustainability: Operating margin scored 30/100.
- High — Sustainability: Total-asset coverage ratio scored 12/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.