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Mardela Band-Aides Inc Co Wigglesworth Layton Moyers & Chance

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 521962541 ✦ Salisbury, MD ✦ Designated as a 501(c)(3)

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Overview

What is Mardela Band-Aides Inc Co Wigglesworth Layton Moyers & Chance?

Mardela Band-Aides Inc Co Wigglesworth Layton Moyers & Chance is a nonprofit organization situated at 306 Kay Avenue, Salisbury, Maryland. Their primary mission is to support high school band members by providing essential resources, such as transportation, musical instruments, uniforms, and incentives. This enables the band members to participate in regional and national competitions, fostering their talent and growth. The organization achieves this goal by conducting fundraising activities.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 53%, One-Star out of Four Stars

Mardela Band-Aides Inc Co Wigglesworth Layton Moyers & Chance has received a low rating of 53%, which indicates concerns regarding the organization's accountability and finance practices. The score reflects a lack of independent board members and missing essential governance policies, including a conflict of interest policy and a whistleblower policy. The organization did, however, score well on its program expense ratio, indicating that a significant portion of its expenses is directed towards its programs, which is a positive aspect.

The absence of independent board members raises questions about governance and oversight within the organization. Additionally, the missing policies may suggest a lack of comprehensive governance practices, which could impact the organization's overall transparency and accountability. While there are no reported material diversions of assets, the lack of essential policies could pose risks to the organization's integrity.

Overall, while Mardela Band-Aides demonstrates a commitment to program expenditures, the weaknesses in accountability and governance practices highlighted by Charity Navigator warrant caution for potential donors and supporters. Addressing these issues would be crucial for improving its standing and fostering greater trust within the community.


This AI summary has been generated from information found on Charity Navigator.

Is Mardela Band-Aides Inc Co Wigglesworth Layton Moyers & Chance legitimate?

Mardela Band-Aides Inc Co Wigglesworth Layton Moyers & Chance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mardela Band-Aides Inc Co Wigglesworth Layton Moyers & Chance 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: $0

For more financial information, click here

What is the mission statement of Mardela Band-Aides Inc Co Wigglesworth Layton Moyers & Chance?

The organization, Mardela Band-Aides Inc Co Wigglesworth Layton Moyers & Chance, engages in fundraising activities with the primary objective of acquiring necessary equipment, music supplies, band uniforms, and transportation for middle and high school band members. This enables them to participate in local and national competitions, fostering their growth and development in music. The fundraising efforts also contribute to providing transportation, band instruments, uniforms, and incentives for the high school band members.

Who is the CEO of Mardela Band-Aides Inc Co Wigglesworth Layton Moyers & Chance?

Sherry Peterman is the President of Mardela Band-Aides Inc Co Wigglesworth Layton Moyers & Chance.

What is the revenue of Mardela Band-Aides Inc Co Wigglesworth Layton Moyers & Chance?

Mardela Band-Aides Inc Co Wigglesworth Layton Moyers & Chance's revenue in 2022 was $57,427.

Who are the executives of Mardela Band-Aides Inc Co Wigglesworth Layton Moyers & Chance and what are their salaries?

There 40 volunteers at Mardela Band-Aides Inc Co Wigglesworth Layton Moyers & Chance.


Here are 6 key members and their salaries:


Mike Murphy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Courtney Carter (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawnee Furst (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherry Peterman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joey Coco (Band Directo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Raizen (Co-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mardela Band-Aides Inc Co Wigglesworth Layton Moyers & Chance?

Mardela Band-Aides Inc Co Wigglesworth Layton Moyers & Chance's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Mardela Band-Aides Inc Co Wigglesworth Layton Moyers & Chance

Mardela Band-Aides Inc Co Wigglesworth Layton Moyers & Chance is a nonprofit organization with a mission to raise funds. Their primary goal is to provide middle and high school band members with the necessary equipment, supplies, uniforms, and transportation, enabling them to participate in regional and national competitions. By doing so, the organization aims to support the band members in showcasing their talents and skills on a larger platform. The funds raised by the nonprofit are utilized to purchase instruments, music supplies, and uniforms, ensuring that the band members are well-equipped for their performances. Furthermore, the organization provides transportation, facilitating the band's participation in competitions beyond their local area. In essence, Mardela Band-Aides Inc Co Wigglesworth Layton Moyers & Chance's mission is to empower and encourage young musicians, providing them with the resources and opportunities to excel in their craft and compete at a higher level.

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Impact




August, 2024

Mardela Band-Aides Inc Co Wigglesworth Layton Moyers & Chance's impact lies in providing crucial support to middle and high school band members in Salisbury, MD. By conducting fundraising activities, they ensure that these students have access to essential resources such as band equipment, music supplies, uniforms, and transportation for regional and national competitions. This support allows young musicians to pursue their passion, develop their talents, and represent their school with pride in various artistic endeavors.




This information is meant to be a general summary of Mardela Band-Aides Inc Co Wigglesworth Layton Moyers & Chance. 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.

Revenue
$57,427 (2022)
Expenses
$42,919 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $782
  • Program Service Revenue: $5,234
  • Gross Receipts: $119,062

Assets and Liabilities:

  • Total Assets: $229,588
  • Total Liabilities: $0
  • Net Assets: $229,588

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

UNIFORM FEES

Revenue

$2,087

MISCELLANEOUS

Revenue

$1,882

PARADE WINNINGS

Revenue

$1,225

BAND FINES

Revenue

$40

Organization Details

Founding Year

1995

Principal Officer

Sherry Peterman

Main Address

306 KAY AVENUE, SALISBURY, MD, 21801

NTEE Category

Code: A6CI - Arts

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