Ridge Art Association Inc
Overview
Mission
The mission of the ridge art association is to educate and promote understanding of the visual arts and to sponsor cultural events within the community.
What it reported doing in 2024
Provided exhibitions throughout east polk county communities. All exhibitions are free to the public
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The nonprofit carried out 100% of its reported program work directly.
Nonprofit profile at a glance
- EIN
- 237075086
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990-EZ 2024
- Headquarters
- Winter Haven, FL, USA
- Rating
- 61
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Available reserves provide a limited financial cushion and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 63
- Transparency & Controls: 100
- Accountability: NotEnoughData
- Sustainability: 33
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 59.9%; rating input score 60
- Program expense ratio: 67.4%; rating input score 67
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 11.2%; rating input score 60; 60th percentile among comparable filings
- Operating reserve ratio: 0.04; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 0.61; rating input score 9; 9th percentile among comparable filings
- Officer compensation ratio: 15.3%; rating input score 18; 18th percentile among comparable filings
Growth
- Program expense growth: 107.1% per year; rating input score 100; 98th percentile among comparable filings
- Revenue growth: 37.4% per year; rating input score 100; 93rd percentile among comparable filings
- Asset growth: -69.3% per year; rating input score 0; 2nd percentile among comparable filings
Details
- Where the money goes: 59.9% of revenue deployed · 67.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $98K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 annual filings from 2021 to 2024
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.