Symphony Workforce Foundation EIN 83-4179832 Form 990 (PDF) Claim this org

Symphony Workforce Foundation

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Helps students find careers matching their interests and build skills for challenges. For fiscal year 2025 it reported $1.0M in revenue, $227K in expenses, and $863K in net assets.Pt I

Founded
2019
Type
Public charity (501(c)(3)) · Employment
Location
Bennington, NE
Website
symphonyworkforce.org
Filings
4 on file (2022–2025)
Revenue
$1.0MFY2025
Expenses
$227K
Net assets
$863K
People
2
Filings
4
Updates
0
More identity details & actions ⌄
EIN  83-4179832 Public charity (501(c)(3)) Bennington, NE Founded 2019
Form 990 (PDF)
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Size
$100K–1M
What they do
Helps students find careers matching their interests and build skills for challenges.
Leadership
Todd Smith · President · $22K
Money in and out
$1.0M revenue, $227K expenses
Bottom line
78% program efficiency
Where the money goes · FY2025
Total revenue
$1.0M
Pt VIII · Ln 12
Total expenses
$227K
Pt IX · Ln 25
Net assets
$863K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $808K
Where spending went · Part IX cols B–D
Program services $0.78 Management & general $0.22
Program efficiency
78%
of spending reaches programs▼ -17% vs prior filing year
Operating runway
0.2mo
months of highly liquid reserves at operating expense rate▼ -78% vs prior filing year
Surplus margin
+78%
revenue over expenses, this year▲ ×14 vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$1.0M
FY2025▲ +35%
Expenses
$227K
FY2025▼ -69%
Total assets
$1.1M
FY2025▲ +313%
Total liabilities
$252K
FY2025▲ +18%
Total revenue
$1.0M
Pt VIII · Ln 12
Total expenses
$227K
Pt IX · Ln 25
Net assets
$863K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$808K
Total assetsPt X · Ln 16$1.1M
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 32
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSymphony Workforce Foundation
EINHdr · item D83-4179832
Principal addressHdr · item CBennington, NE
WebsiteHdr · item Jsymphonyworkforce.org
Year of formationHdr · item L2019
State of legal domicileHdr · item MNE
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEmployment (J20)
Ruling yearIRS BMFOct 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a2
Independent voting membersPt VI · Ln 1bpending
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
President
$22,032Pt VII · Sec A
Board Member
$19,612Pt VII · Sec A

Todd Smith’s $22K as President is at the 34th percentile of top reported officer pay among 1216 $100K–1M employment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022
Todd Smith$22,032$161,604$20,000$120,000
John Batcher$19,612$161,604$20,000$120,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $162K of program spending, described in the organization's own filed words · FY2025.
01

Symphony workforce foundation works with dynamic companies and startups around the region to incentivize young people to find a career path based on personal interests. Symphony workforce foundation also provides communities with data-driven insights to identify and nurture the workforce of the next generation.

$162Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$1.0M
Other revenue$625
— government grantsLn 1e$34K
Total revenueLn 12$1.0M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.22
Program services78%$178K
Management & general22%$49K
Total functional expensesLn 25$227K

Balance Sheet

Part X · end of year
CashLn 1$4K
Total assetsLn 16$1.1M
Total liabilitiesLn 26$252K
Total net assetsLn 32$863K
Months of cash on handcomputed0.2

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $4K · Operating expenses/yr $227K
0.2 months
Where the money goes
Program services
Program services $178K · Total expenses $227K
78%
Management & General
Management & general $49K · Total expenses $227K
22%
Fundraising
Fundraising $0 · Total expenses $227K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $451K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $1.0M · Total revenue $1.0M
100%
Government reliance
Government grants $34K · Total revenue $1.0M
3%
Earned-income share
Program service revenue $0 · Total revenue $1.0M
0%
Investment reliance
Investment income $0 · Total revenue $1.0M
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $227K
0%
Growth & trend
Revenue growth (YoY)
This year $1.0M · Prior year $765K
+35%
Net-asset trend (YoY)
End of year $863K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.0M · Expenses $227K
+78%
Liabilities-to-Assets
Total liabilities — · Total assets $1.1M
Net-asset ratio
Net assets $863K · Total assets $1.1M
77%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.1M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Todd Smith · Reported title PRESIDENT · Highest reported compensation $22K · Total expenses $227K
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $45K · Total expenses $227K
20%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 78%
Overhead ratio 22%
Revenue growth 35%

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 · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$10K
Grants paid · 4 grants · $118K · 2022–2025
Unitemized GrantFY2025$26,534
Unitemized GrantFY2024$38,840
Unitemized GrantFY2023$5,690
Unitemized GrantFY2022$46,800

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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)$1.0M revenue · viewing · ⤓ 990 PDF
FY2024$765K revenue · ⤓ 990 PDF
FY2023$150K revenue · ⤓ 990 PDF
FY2022$684K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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