Poor Magazine Inc

Overview

Mission

"All of Poor Magazine's programs are focused on providing community based media, art, education, & solutions. The goal is to create access for silenced voices of people of color, elderly & disa...List of Program Accomplishments 2024.-- We moved our 22nd resident into HOMEFULNESS #1 DEECOLONIZE ACADEMY is in our 11th year with 11 enrolled students and 3 of our graduates becoming teachers13th year of SLIDING SCALE CAF, a radical redistribution (mutual aid) of healthy food groceries, diapers & media, support for deep East Oakland every Thursday; Continued in-person People Skool for East Oakland poverty skolaz with Theatre of the Poor and Po Peoples Radio workshop series; The Po Poets and Poverty Skola authors of Poor Press (www.poorpress.net) released their books, poems and anthologies in Feb 2024. One new book to come in 2025!; Listen to PNNKEXU 96.1FM every Tuesday & Thursday for multi- generational radio programming: We are All Connected, The Peoples Botnica, Dr. Sweets Critiqu

What it reported doing in 2024

Fighting against the war on our houseless bodies after the Supreme Court's Grants Pass decisionLed a national press conference to Decline to Accept Grants Pass.Launched "Sweeping us to Nowhere" WeSearch (aka research) investigation into sweeps after Grants Pass, with RooflessRadio reports across Yelamu (SF), Tovaangar (LA), Huchiun (Oakland), so-called Sacramento. Launched "Black Land Theft & Black Homelessness in Black History Month" youth and elder poverty skola WeSearch Report.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

Nonprofit profile at a glance

EIN
943330014
IRS 990 coverage
2020–2024
Forms available
Form 990 2024, Form 990-N 2007
Headquarters
Oakland, CA, USA
Phone
4158636306
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Printing, Publishing

The verdict

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 60
  • Transparency & Controls: 92
  • Accountability: 70
  • Sustainability: 85
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 58.6%; rating input score 59
  • Program expense ratio: 81.6%; rating input score 82
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • 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

Sustainability

  • Operating margin: 29.3%; rating input score 84; 84th percentile among comparable filings
  • Total-asset coverage ratio: 5.88; rating input score 87; 87th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: -6.5% per year; rating input score 0; 6th percentile among comparable filings
  • Revenue growth: -5.2% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: 4.4% per year; rating input score 100; 36th percentile among comparable filings

Details

  • Where the money goes: 58.6% of revenue deployed · 81.6% of spending went to programs
  • Governance: 8 of 8 board members independent · 2 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $314K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 19 of 19 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 4 annual filings from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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.

Leadership & pay

8 people listed

Source: IRS Form 990. Selected filing: FY2024.