Health Care
(E99)
IRS Verified
DX Registered
990 on File
RESOUNDING JOY INC
Financial strength (30%)
63/100
Reliability (20%)
55/100
Effectiveness (25%)
83/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Resounding Joy uses therapeutic and recreational music programs to improve the social, emotional, physical, and spiritual well-being of individuals and communities.
Financial Overview — FY 2024
$701K
Total Revenue
$799K
Total Expenses
$139K
Net Assets
11
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
70.9%
Fundraising Efficiency
2902.2%
Operating Reserve
2.09x
Liability-to-Asset
37.6%
Revenue Diversification
82.2%
Executive Compensation
$135K
Compared with Peers
FY 2024
Compared with 4,558 similar organizations
(United States, Health Care, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
70.9% | 84.8% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
18.5% | 10.9% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
10.7% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
2902.2% | 12.6% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
2.1 mo | 13.1 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
37.6% | 1.3% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
82.2% | 93.7% |
P10P90
|
Above median |
|
Surplus margin
Surplus as a share of revenue
|
-14.1% | 3.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $701K | $799K | $139K | 70.9% | 11 |
| 2022 | $664K | $593K | $250K | 80.6% | 11 |
| 2021 | $972K | $527K | N/A | — | 11 |
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