Science & Technology
(U99Z)
IRS Verified
DX Registered
990 on File
SOUND EXPERIENCE
Financial strength (30%)
84/100
Reliability (20%)
55/100
Effectiveness (25%)
90/100
Impact (25%)
55/100
CharityAI™ Score
Not yet evaluated
Mission Statement
Sound Experience sails the historic schooner Adventuress to educate, inspire, and empower an inclusive community that works to improve our marine environment and celebrates our maritime heritage
Financial Overview — FY 2024
$1.0M
Total Revenue
$1.2M
Total Expenses
$1.2M
Net Assets
28
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
78.1%
Fundraising Efficiency
512.4%
Operating Reserve
12.33x
Liability-to-Asset
12.5%
Revenue Diversification
64.8%
Executive Compensation
$94K
Compared with Peers
FY 2024
Compared with 333 similar organizations
(United States, Science & Technology, $1M–$10M 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
|
78.1% | 83.7% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
7.9% | 13.5% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
14.0% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
512.4% | 138.6% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
12.3 mo | 9.0 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
12.5% | 14.5% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
64.8% | 91.7% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
16.8% | 11.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
6.2% | 8.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-14.2% | 1.4% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Met challenges, gained sailing skills, introduced to maritime vocations | 843 | $745.00 | — | Per Year |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.0M | $1.2M | $1.2M | 78.1% | 28 |
| 2023 | $891K | $1.1M | $1.3M | 80.8% | 25 |
| 2022 | $750K | $1.1M | $1.5M | 84.2% | 42 |
| 2021 | $1.2M | $850K | N/A | — | 33 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.