The Choir School Of Delaware Inc
The Choir School Of Delaware Inc faces recent operating deficits despite a history of fluctuating revenues.
EIN: 205486245 · Wilmington, DE · NTEE: A6B · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $894K |
| Total Expenses | $1.2M |
| Program Spending | 80% |
| Net Assets | $86K |
| Transparency Score | 75/100 |
Is The Choir School Of Delaware Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Choir School Of Delaware Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Choir School Of Delaware Inc
The Choir School Of Delaware Inc (EIN: 205486245) is a nonprofit organization based in Wilmington, DE, classified under NTEE code A6B. The organization reported total revenue of $894K and total assets of $399K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Choir School Of Delaware Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Choir School Of Delaware Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $665K |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-568,169 |
| Total Assets | $403K |
| Total Liabilities | $317K |
| Net Assets | $86K |
| Operating Margin | -85.4% |
| Debt-to-Asset Ratio | 78.6% |
| Months of Reserves | 3.9 months |
Financial Health Grade: C
In 2023, The Choir School Of Delaware Inc reported a deficit of $568K with expenses exceeding revenue, holds 3.9 months of operating reserves (adequate), has a debt-to-asset ratio of 78.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Choir School Of Delaware Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -41.4% | -9.8% | -53.6% |
| 2022 | -24.0% | +48.8% | -25.7% |
| 2021 | +112.9% | +39.3% | +145.0% |
| 2020 | +62.2% | -9.6% | +44.2% |
| 2019 | -52.4% | +22.8% | -51.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Choir School Of Delaware Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, The Choir School Of Delaware Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $568K, with expenses exceeding revenue.
- Debt-to-asset ratio: 78.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating either a volunteer-led organization or compensation structures that are not categorized as officer compensation on the 990, which is highly favorable for donor perception regarding overhead.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of The Choir School Of Delaware Inc's IRS 990 filings:
- Significant operating deficits in recent years (e.g., 202307: Expenses $1,233,374 vs. Revenue $665,205)
- Fluctuating asset base, indicating potential instability in financial reserves.
- Liabilities increased significantly in 202307 to $316,926 from $214,664 in 202207, relative to assets.
Strengths
The following positive indicators were identified for The Choir School Of Delaware Inc:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership.
- Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
- Periods of strong revenue generation (e.g., $1,493,529 in 202107) show capacity for fundraising.
Frequently Asked Questions about The Choir School Of Delaware Inc
Is The Choir School Of Delaware Inc a legitimate charity?
The Choir School Of Delaware Inc (EIN: 205486245) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $894K. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does The Choir School Of Delaware Inc spend its money?
The Choir School Of Delaware Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to The Choir School Of Delaware Inc tax-deductible?
The Choir School Of Delaware Inc is registered as a tax-exempt nonprofit (EIN: 205486245). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Choir School Of Delaware Inc's spending goes to programs?
The Choir School Of Delaware Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Choir School Of Delaware Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), The Choir School Of Delaware Inc is above average for NTEE category A6B nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Choir School Of Delaware Inc located?
The Choir School Of Delaware Inc is headquartered in Wilmington, Delaware and files with the IRS under EIN 205486245. It is classified under NTEE code A6B.
How many years of IRS 990 filings does The Choir School Of Delaware Inc have?
The Choir School Of Delaware Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $894K in total revenue.
Is The Choir School Of Delaware Inc financially stable?
The organization has experienced significant fluctuations in revenue and expenses, with recent periods (202307, 202207) showing expenses exceeding revenue, indicating potential financial instability despite periods of strong revenue in the past (e.g., 202107).
What is the trend in the organization's assets?
Assets have fluctuated significantly, peaking at $1,170,051 in 202107 and decreasing to $403,136 in 202307, suggesting variability in financial resources.
How does the organization manage executive compensation?
The organization consistently reports 0% for officer compensation, which is a strong indicator of low administrative overhead related to executive salaries.
Filing History
IRS 990 filing history for The Choir School Of Delaware Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Choir School Of Delaware Inc's revenue has grown by 81.6%, moving from $366K to $665K. Total assets increased by 42.1% over the same period, from $284K to $403K. Total functional expenses rose by 205.4%, from $404K to $1.2M. In its most recent filing year (2023), The Choir School Of Delaware Inc reported a deficit of $568K, with expenses exceeding revenue. The organization holds $317K in liabilities against $403K in assets (debt-to-asset ratio: 78.6%), resulting in net assets of $86K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $665K | $1.2M | $403K | $317K | — | View 990 |
| 2022 | $1.1M | $1.4M | $869K | $215K | — | View 990 |
| 2021 | $1.5M | $919K | $1.2M | $283K | — | View 990 |
| 2020 | $702K | $660K | $478K | $164K | — | View 990 |
| 2019 | $433K | $730K | $331K | $60K | — | View 990 |
| 2018 | $908K | $594K | $676K | $107K | — | View 990 |
| 2017 | $482K | $564K | $306K | $51K | — | View 990 |
| 2016 | $477K | $513K | $369K | $32K | — | View 990 |
| 2015 | $435K | $514K | $392K | $20K | — | View 990 |
| 2014 | $111K | $259K | $475K | $30K | — | View 990 |
| 2013 | $490K | $400K | $599K | $8K | — | View 990 |
| 2012 | $584K | $394K | $478K | $6K | — | View 990 |
| 2011 | $366K | $404K | $284K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $665K, expenses of $1.2M, and assets of $403K (revenue -41.4% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.4M, and assets of $869K (revenue -24.0% year-over-year).
- 2021: Revenue of $1.5M, expenses of $919K, and assets of $1.2M (revenue +112.9% year-over-year).
- 2020: Revenue of $702K, expenses of $660K, and assets of $478K (revenue +62.2% year-over-year).
- 2019: Revenue of $433K, expenses of $730K, and assets of $331K (revenue -52.4% year-over-year).
- 2018: Revenue of $908K, expenses of $594K, and assets of $676K (revenue +88.3% year-over-year).
- 2017: Revenue of $482K, expenses of $564K, and assets of $306K (revenue +1.1% year-over-year).
- 2016: Revenue of $477K, expenses of $513K, and assets of $369K (revenue +9.7% year-over-year).
- 2015: Revenue of $435K, expenses of $514K, and assets of $392K (revenue +290.6% year-over-year).
- 2014: Revenue of $111K, expenses of $259K, and assets of $475K (revenue -77.3% year-over-year).
- 2013: Revenue of $490K, expenses of $400K, and assets of $599K (revenue -16.2% year-over-year).
- 2012: Revenue of $584K, expenses of $394K, and assets of $478K (revenue +59.5% year-over-year).
- 2011: Revenue of $366K, expenses of $404K, and assets of $284K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Choir School Of Delaware Inc:
Data Sources and Methodology
This transparency report for The Choir School Of Delaware Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.