Marching Bears INC EIN 06-1088974

Marching Bears INC FY2021 filing

EIN  06-1088974 Supporting organization Norwalk, CT
Form 990 (PDF)
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Size
$100K–1M
What they do
Supports the Norwalk High School band program with resources and funding.
Leadership
Stan Remson · President
Money in and out
$30K revenue, $27K expenses
Bottom line
+11% net inflow

Supports the Norwalk High School band program with resources and funding. For fiscal year 2021 it reported $30K in revenue, $27K in expenses, and $69K in net assets.Pt I

Money in and out · FY2021
Total revenue
$30K
Pt VIII · Ln 12
Total expenses
$27K
Pt IX · Ln 25
Net assets
$69K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $3K
Where spending went · Part IX cols B–D
Program services $0.66 Management & general $0.34
Net inflow
+11%
revenue over expenses, this year
Pass-through gifts
111%
of revenue from contributions
Program spending
66%
of expenses reach stated programs

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$30K
FY2021
Expenses
$27K
FY2021
Total assets
$69K
FY2021
Total liabilities
$0
FY2021
Total revenue
$30K
Pt VIII · Ln 12
Total expenses
$27K
Pt IX · Ln 25
Net assets
$69K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$3K
Total assetsPt X · Ln 16$69K
Program-expense ratioPt IX · col B66%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

2 program services account for $18K of program spending, described in the organization's own filed words · FY2020.
01

Funds are used for music instructors, purchase & maintenance of equipment, purchase of uniforms and transportation, offsite performances.

$17Kprogram expense
02

The organization successfully helped support the norwalk high school music program with its annual musical.

$376program expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMarching Bears INC
EINHdr · item D06-1088974
Principal addressHdr · item CNorwalk, CT
WebsiteHdr · item Jwww.nhsband.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B94Z)
Ruling yearIRS BMFFeb 1996

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants111%$33K
Investment income$1
Total revenueLn 12$30K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.66 Management & general $0.34
Program services66%$18K
Management & general34%$9K
Total functional expensesLn 25$27K

Balance Sheet

Part X · end of year
CashLn 1$64K
Total assetsLn 16$69K
Total liabilitiesLn 26$0
Total net assetsLn 32$69K
Months of cash on handcomputed28.5

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $64K · Operating expenses/yr $27K
28.5 months
Where the money goes
Program services
Program services $18K · Total expenses $27K
66%
Management & General
Management & general $9K · Total expenses $27K
34%
Fundraising
Fundraising $0 · Total expenses $27K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $33K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $33K · Total revenue $30K
111%
Government reliance
Government grants — · Total revenue $30K
Earned-income share
Program service revenue $-3K · Total revenue $30K
-10%
Investment reliance
Investment income $1 · Total revenue $30K
0%
Program self-sufficiency
Program service revenue $-3K · Total expenses $27K
-11%
Growth & trend
Revenue growth (YoY)
This year $30K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $69K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $30K · Expenses $27K
+11%
Liabilities-to-Assets
Total liabilities — · Total assets $69K
Net-asset ratio
Net assets $69K · Total assets $69K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $69K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Stan Remson · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $27K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $27K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 66%
Overhead ratio 34%
Fundraising cost ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$500

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$188K revenue · ⤓ 990 PDF
FY2024$180K revenue · ⤓ 990 PDF
FY2023$146K revenue · ⤓ 990 PDF
FY2022$153K revenue · ⤓ 990 PDF
FY2021$30K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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