Liabilities / Assets
76th percentile
Higher debt load relative to assets than 76% of similar nonprofits.
Music for Life Institute
EIN 31-1746269 • 501(c)3 • Bellingham, WA
Profile
The principal activities of the organization are to provide education and care to africa's most vulnerable children.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.35x
Liabilities / Revenue
56th percentile
Higher debt load relative to revenue than 56% of similar nonprofits.
Net Margin
12th percentile
Higher net margin than 12% of similar nonprofits.
Top Officer Pay
64th percentile
Higher top officer pay than 64% of similar nonprofits.
Top officer pay equals 4.7% of source-year revenue.
Asset Growth
4th percentile
Faster asset growth than 4% of similar nonprofits.
Revenue Growth
49th percentile
Faster revenue growth than 49% of similar nonprofits.
Balance Sheet
Assets
Down$622,694
Down $533,911 (-46%) from 2023
Liabilities
Down$215,657
Down $13,239 (-5.8%) from 2023
Net Assets
Down$407,037
Down $520,672 (-56%) from 2023
Revenue
Up$2,000,365
Up $128,052 (+6.8%) from 2023
Expenses
Up$2,498,801
Up $217,078 (+9.5%) from 2023
Net Income
Down-$498,436
Down $89,026 (-22%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $622,694
- Liabilities
- $215,657
- Net assets
- $407,037
- Revenue
- $2,000,365
- Expenses
- $2,498,801
- Net income
- -$498,436