ISISERETTES DRILL AND DRUM CORPS IN

EIN: 421495759 501(c)(3) Youth Development

DES MOINES, IA

Total Revenue
$94,493
Total Expenses
$76,328
Total Assets
$295,669
Net Assets
$295,669
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
IA
Principal Officer
JONETTA DOUGLAS
Tax Period
2020-07-01 to 2021-06-30

ISISERETTES DRILL AND DRUM CORPS IN, founded in 1999, is a micro nonprofit in the Youth Development sector that reported $94K in total revenue in fiscal year 2020. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $18K, a strong 19% operating margin.

Mission

PROVIDE ACTIVITIES TO BETTER YOUTH

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $80,860
Program Service Revenue $8,388
Investment Income $2,020
Other Revenue $3,225
TOTAL REVENUE $94,493

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $76,228
Other Expenses $76,328
TOTAL EXPENSES $76,328

Year-over-Year Comparison

2020 2019 Change
Revenue $94,493 $100,724 -0.1%
Expenses $76,328 N/A N/A
Net Income $18,165 $100,724 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JONETTA DOUGLAS TREASURER 20.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2021 $94,493 $76,328 $295,669 $18,165
2020 $252,150 $98,391 $553,409 $153,759
2019 $544,485 $159,435 $1,029,861 $385,050
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