Ethos INC EIN 91-1954235 Form 990 (PDF) Claim this org

Ethos INC FY2024 filing

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Brings music and music education to youth in underserved communities. For fiscal year 2024 it reported $1.1M in revenue, $1.1M in expenses, and $639K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Portland, OR
Website
www.ethos.org
Filings
5 on file (2020–2024)
Revenue
$1.1MFY2024
Expenses
$1.1M
Net assets
$639K
People
11
Filings
5
Updates
0
More identity details & actions ⌄
EIN  91-1954235 Public charity (501(c)(3)) Portland, OR
Form 990 (PDF)
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →
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Size
$1–10M
What they do
Brings music and music education to youth in underserved communities.
Leadership
Crystal De Alba · Executive Director · $77K
Money in and out
$1.1M revenue, $1.1M expenses
Bottom line
69% program efficiency
Where the money goes · FY2024
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$639K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$22K
Where spending went · Part IX cols B–D
Program services $0.69 Management & general $0.17 Fundraising $0.14
Program efficiency
69%
of spending reaches programs
Operating runway
2.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
-2%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.1M
FY2024▲ +122%
Expenses
$1.1M
FY2024▲ +153%
Total assets
$1.1M
FY2024▼ -22%
Total liabilities
$436K
FY2024▼ -17%
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$639K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$22K
Total assetsPt X · Ln 16$1.1M
Program-expense ratioPt IX · col B69%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 410

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEthos INC
EINHdr · item D91-1954235
Principal addressHdr · item CPortland, OR
WebsiteHdr · item Jwww.ethos.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A6E)
Ruling yearIRS BMFJul 1999

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
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 (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$77,075Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2022FY2021FY2020
Crystal De Alba$85,859$61,042
Crystal De Alba$29,713$77,075$79,311
Megan Moran$64,500
Rachel Gilmore$39,264

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 $742K of program spending, described in the organization's own filed words · FY2023.
01

Ethos offers sliding scale music lessons from their headquarters in North Portland and facilitates music outreach programs for students in Oregons underserved rural and urban areas. This includes affordable music instruction taught on various instruments and in a variety of genres, including piano, ukulele, percussion, violin, jazz, and…

$742Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$627K · 59%
Program service revenue$430K · 41%
Contributions & grants59%$627K
Program service revenue41%$430K
Investment income$104
— government grantsLn 1e$381K
Total revenueLn 12$1.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.69 Management & general $0.17 Fundraising $0.14
Program services69%$742K
Management & general17%$187K
Fundraising14%$149K
Total functional expensesLn 25$1.1M

Balance Sheet

Part X · end of year
CashLn 1$217K
Total assetsLn 16$1.1M
Total liabilitiesLn 26$436K
Total net assetsLn 32$639K
Months of cash on handcomputed2.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $217K · Operating expenses (Pt IX) $1.1M · Less non-cash grants $50K · Cash operating expenses/yr $1.0M
2.5 months
Where the money goes
Program services
Program services $742K · Total expenses $1.1M
69%
Management & General
Management & general $187K · Total expenses $1.1M
17%
Fundraising
Fundraising $149K · Total expenses $1.1M
14%
Cost to raise $1
Fundraising expense (3-yr avg) $70K · Solicited contributions (3-yr avg) $221K
$0.32 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $627K · Total revenue $1.1M
59%
Government reliance
Government grants $381K · Total revenue $1.1M
36%
Earned-income share
Program service revenue $430K · Total revenue $1.1M
41%
Investment reliance
Investment income $104 · Total revenue $1.1M
<0.01%
Program self-sufficiency
Program service revenue $430K · Total expenses $1.1M
40%
Growth & trend
Revenue growth (YoY)
This year $1.1M · Prior year $476K
+122%
Net-asset trend (YoY)
End of year $639K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.1M · Expenses $1.1M
-2%
Liabilities-to-Assets
Total liabilities — · Total assets $1.1M
Net-asset ratio
Net assets $639K · Total assets $1.1M
59%
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 Crystal De Alba · Reported title Executive Director · Highest reported compensation $77K · Total expenses $1.1M
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $750K · Total expenses $1.1M
70%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 69%
Overhead ratio 17%
Fundraising cost ratio 24%
Revenue growth 122%
Legal fee ratio 1.0%
Accounting fee ratio 7%

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 · FY2024
Total grants receivedfrom 3 funders$25K
See all 3 funders →
Grants paid · 3 grants · $158K · 2020–2022
Unitemized GrantFY2022$46,170
Unitemized GrantFY2021$53,147
Unitemized GrantFY2020$59,076

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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)$1.1M revenue · ⤓ 990 PDF
FY2024$1.1M revenue · viewing · ⤓ 990 PDF
FY2023not on file
FY2022$476K revenue · ⤓ 990 PDF
FY2021$765K revenue · ⤓ 990 PDF
FY2020$800K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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