Overview
What is Marching Black And Gold Inc?
Marching Black and Gold Inc, based in Avon, Indiana, is a nonprofit organization that primarily focuses on providing competition opportunities for various programs. Their primary mission revolves around offering marching band and related activities for high school students. By doing so, they contribute to the personal growth and development of these students, potentially fostering teamwork, discipline, and a sense of community. Their operations take place at 7575 E CR 150 S, Avon, IN 46123.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star rating.
Marching Black And Gold Inc has received a low rating of 53%, indicating significant concerns regarding its accountability and financial practices. A notable issue is the complete lack of independent board members, which can undermine governance and transparency. While the organization has scored well in aspects such as the program expense ratio, indicating a focus on its mission, other areas like the absence of financial statements and missing policies related to whistleblower protection and document retention are concerning.
Strengths of the organization include a high program expense ratio of 92.97%, suggesting that a large portion of its funds is directed towards its programs rather than administrative costs. The organization has also maintained proper documentation of board meeting minutes and has its tax form readily accessible on its website, reflecting some level of operational transparency. However, these positives are overshadowed by the gaps in governance practices and missing critical policies.
The limitations highlighted in the review suggest that Marching Black And Gold Inc may need to improve its overall governance framework and transparency measures. Without independent oversight and complete financial disclosures, it may struggle to build trust with donors and stakeholders. Addressing these issues could enhance its standing and effectiveness within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Marching Black And Gold Inc legitimate?
Marching Black And Gold Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marching Black And Gold Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of Marching Black And Gold Inc?
Marching Black and Gold Inc is committed to providing marching band and related activities for high school students. Their mission encompasses offering competition opportunities for these various programs, aiming to foster growth and development in these young musicians. By providing these activities, the organization seeks to empower high school students, allowing them to showcase their talents and skills through musical performances.
Who is the CEO of Marching Black And Gold Inc?
Dalea Badami is the Vice President of Marching Black And Gold Inc.
What is the revenue of Marching Black And Gold Inc?
Marching Black And Gold Inc's revenue in 2023 was $715,920.
Who are the executives of Marching Black And Gold Inc and what are their salaries?
There 22 volunteers at Marching Black And Gold Inc.
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Where can I find the form 990 for Marching Black And Gold Inc?
Marching Black And Gold Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Marching Black And Gold Inc
Marching Black and Gold Inc, as a nonprofit organization, is dedicated to providing marching band and related program activities for high school students. At its core, the mission of Marching Black and Gold Inc is to offer these students a platform for competition through various programs. By doing so, the organization aims to provide these young individuals with valuable experiences and opportunities for growth.
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Impact
October, 2024
Marching Black And Gold Inc significantly enriches the lives of high school students in Avon, IN, by providing them with opportunities to engage in marching band and related activities. The organization offers a structured environment where students can develop their musical talents, teamwork skills, and discipline through competition and performance.
By emphasizing education through the arts, Marching Black And Gold Inc not only fosters musical excellence but also contributes to personal growth and community involvement among participants. Students learn to work collaboratively, enhancing their social skills while cultivating a sense of pride and achievement through their involvement in competitions. This initiative plays a crucial role in promoting arts education and building a vibrant community culture that values creativity and teamwork.
This information is meant to be a general summary of Marching Black And Gold Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $11
- Program Service Revenue: $470,691
- Gross Receipts: $823,378
Assets and Liabilities:
- Total Assets: $97,699
- Total Liabilities: $58,603
- Net Assets: $39,096
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$418,541
PERFORMANCE DUES
Revenue
$52,150
Organization Details
Founding Year
1971
Principal Officer
Dalea Badami
Main Address
7575 E CR 150 S, Avon, IN, 46123
NTEE Category
Code: B80 - Education
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