70 East 4Th Street Cultural Center Inc

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

5 people listed

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

To provide space for nonprofit cultural activities at 70 East 4th Street.

Provide space for nonprofit cultural activities at 70 East 4th Street.

Revenue model: No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model: No current program activity. The filing reports no program spending for the current year.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 88.9%; rating input score 89; 9th percentile among comparable filings
Pay-setting controls: Limited
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Limited
Related-party transparency: Limited

Independent voting board: 0%; rating input score 0; 9th percentile among comparable filings
Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail

Operating margin: Limited
Total-asset coverage ratio: Limited
Liabilities to assets ratio: 0.38; rating input score 12; 12th percentile among comparable filings
Officer compensation ratio: Limited

Program expense growth: Limited
Revenue growth: Limited
Asset growth: 0% per year; rating input score 100; 40th percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 0 of 5 board members independent · 4 of 7 filing controls reported
Programs: 1 filed program accomplishment
Leadership: top reported pay $0 · 5 people listed
Consistency: 41 of 42 current checks pass · 1 finding to review
Schedules: 4 filed schedules
Filing history: 3 filing years from 2022 to 2024
Contacts: How to reach this organization
Related organizations: 1 filed related-organization link
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
People: Everyone the filings name, and which of them the filings identify by more than a name.

Signals prioritize questions for review. They are not findings of misconduct.

High — Accountability: Independent voting board scored 0/100.
High — Sustainability: Liabilities to assets ratio scored 12/100.
Review — Accountability: Governance controls: 2 of 6 not reported.
Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.