Overview
What is Chops Inc?
Chops Inc, based in Minneapolis, Minnesota, is a nonprofit organization dedicated to serving and entertaining communities across Minnesota. Through their music and performance education, they have positively impacted thousands of youth and young adults, fostering dedication, commitment, creativity, and self-expression in individuals interested in professional music performance programs. Their educational outreach extends to schools, offering multi-week in-school programs and supporting music programs and events in the community. Chops Inc also contributes to various community and school music initiatives, employing a team of 50 individuals.
Official website here: www.chopsinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
Chops Inc has achieved a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and financial health. The organization boasts a strong Program Expense Ratio of 94.39%, demonstrating its commitment to directing funds toward its core mission. Moreover, the nonprofit has nearly perfect scores in culture and community, reflecting effective feedback collection and usage practices.
Strengths of Chops Inc include a fully independent board, ensuring unbiased governance, and the absence of any material diversion of assets. The organization also maintains transparency by listing its website on its tax form and having documented board meeting minutes readily available. However, it lacks a whistleblower policy and a document retention and destruction policy, which could hinder its overall governance framework.
While the organization showcases commendable practices in equity strategies and feedback mechanisms, the noted gaps in policy documentation suggest areas for improvement. Addressing these limitations could help Chops Inc enhance its accountability and governance, ultimately strengthening its mission-driven work.
This AI summary has been generated from information found on Charity Navigator.
Is Chops Inc legitimate?
Chops Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chops 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $212,121
For more financial information, click here
Official website here: www.chopsinc.org
What is the mission statement of Chops Inc?
Chops Inc, through its music education programs, aims to instill dedication, commitment, creativity, and self-expression in individuals interested in professional music performance. The organization provides high-quality and respected music education, serving and entertaining communities across Minnesota. Thousands of youth and young adults have been impacted by their music and performance education, benefiting from the positive environment Chops Inc provides. Additionally, the organization offers multi-week in-school programs to teach music performance to students and partners with schools to sustain music programs. Furthermore, Chops Inc supports various community and school music programs and events by making contributions.
Official website here: www.chopsinc.org
What is the revenue of Chops Inc?
Chops Inc's revenue in 2023 was $594,885.
Official website here: www.chopsinc.org
Who are the executives of Chops Inc and what are their salaries?
The average compensation at Chops Inc during 2023 was $4,242. There are 50 employees and 10 volunteers at Chops Inc.
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Official website here: www.chopsinc.org
Where can I find the form 990 for Chops Inc?
Chops Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.chopsinc.org
Learn more at the official website: www.chopsinc.org
Mission Statement of Chops Inc
Chops Inc, a renowned organization, is committed to providing high-quality music education that fosters dedication, commitment, creativity, and self-expression among individuals interested in professional music performance programs. Through its esteemed programs, Chops Inc seeks to equip individuals with the necessary skills and passion required for a successful career in music.
The primary mission of Chops Inc is to create an environment that nurtures and encourages the growth of aspiring musicians. By focusing on dedication and commitment, Chops Inc instills in its students the importance of discipline and perseverance, essential qualities for a successful music career. Moreover, the organization encourages creativity and self-expression, enabling its students to develop their unique musical voices and styles.
In addition to its educational programs, Chops Inc also plays a significant role in its local communities. By impacting thousands of youth and young adults through music and performance education, the organization contributes positively to the development of future musicians. Furthermore, Chops Inc entertains communities throughout Minnesota, providing hundreds of thousands of spectators with various performance programs.
In an effort to reach a wider audience, Chops Inc offers an outreach program that includes multi-week in-school programs, teaching music performance to students. The organization also partners with schools to sustain music programs, ensuring that music education remains a vital part of the community. Additionally, Chops Inc supports families and communities through its contributions to various community and school music programs and events.
In summary, Chops Inc is a music education organization that provides a nurturing environment for aspiring musicians, teaching them dedication, commitment, creativity, and self-expression. By offering high-quality music performance programs, the organization impacts local communities throughout Minnesota, entertaining spectators and contributing to music education in schools. Through its outreach program and partnerships, Chops Inc ensures that music education remains accessible and beneficial for future musicians and their communities.
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Impact
July, 2024
Chops Inc's impact can be seen through the thousands of youth and young adults who have been positively influenced by their music and performance education programs. By promoting dedication, commitment, creativity, and self-expression, Chops Inc is empowering individuals to excel in the field of music. Additionally, the organization serves and entertains communities throughout Minnesota, reaching hundreds of thousands of spectators through their various performance programs. Through education outreach initiatives, Chops Inc is making a significant impact by teaching music performance in schools and partnering with educational institutions to sustain music programs. Their contributions to community and school music programs and events further demonstrate their commitment to supporting families and communities through the power of music.
This information is meant to be a general summary of Chops 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: $27,000
- Program Service Revenue: $64,467
- Gross Receipts: $30,002,114
Assets and Liabilities:
- Total Assets: $470,634
- Total Liabilities: $13,933
- Net Assets: $456,701
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AFTER SCHOOL PROGRAM FEES
Revenue
$15,220
FEES COLLECTED
Revenue
$1,775
GIG INCOME
Revenue
$32,935
OTHER ITEMS
Revenue
$2,758
PARADE INCOME
Revenue
$11,300
Organization Details
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