Albany Park Theater Project
Nonprofit profile at a glance
- EIN
- 364125560
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Chicago, IL, USA
- Phone
- 7738660875
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Youth Development N.E.C.
Reported finances
- Revenue
- $1,661,341
- Expenses
- $2,034,802
- Assets
- $1,936,024
- Liabilities
- $89,148
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- David B Feiner (Co-Executive Director)
- Miguel Rodriguez (Vice President/Secretary/Co-Executive Director & Alum)
- Reena R Bajowala (President)
Highest reported compensation
- David B Feiner (Co-Executive Director): $152,806 total reported compensation
- Miguel Rodriguez (Vice President/Secretary/Co-Executive Director & Alum): $152,806 total reported compensation
- Anthony Vasquez (Director of Development): $118,970 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Albany Park Theater Project (APTP), an Illinois not-for-profit organization, creates transformative experiences that forge an inclusive community of youth artists, adult artists and audiences to envision and build a more just, equitable and joyful world by amplifying and illuminating the voices and experiences of our immigrant and first-generation community.
What it reported doing in 2024
Provides free, after-school theater classes for 400 low-income teens per year; Provides free mentoring and tutoring for low-income teens; Provides free college access and success program for low-income teens; Produces original theater based on real-life stories of working-class Chicagoans; Performs for up to 10,000 audience members; Curates free public programs on themes addressed in plays.
Operating model
- Revenue model
- Donor-supported. 89% 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.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 70
- Accountability: 87
- Sustainability: 24
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94.5%; rating input score 94
- Program expense ratio: 77.1%; rating input score 77
- Fundraising efficiency: $4.98 raised per $1 spent on fundraising; rating input score 17; 17th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 77.8%; rating input score 78; 17th percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -22.5%; rating input score 8; 8th percentile among comparable filings
- Total-asset coverage ratio: 0.95; rating input score 41; 41st percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 53; 53rd percentile among comparable filings
- Officer compensation ratio: 20.9%; rating input score 14; 14th percentile among comparable filings
Growth
- Program expense growth: 7.8% per year; rating input score 100; 55th percentile among comparable filings
- Revenue growth: 5.4% per year; rating input score 100; 46th percentile among comparable filings
- Asset growth: 13.2% per year; rating input score 100; 68th percentile among comparable filings
Details
- Where the money goes: 94.5% of revenue deployed · 77.1% of spending went to programs
- Governance: 7 of 9 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.6M in reported program spending
- Leadership: top reported pay $153K · 10 people listed · 1 of 6 pay-setting controls reported
- Consistency: 30 of 30 current checks pass
- Schedules: 5 filed schedules · includes major donors and executive pay
- Filing history: 11 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 17/100.
- High — Sustainability: Operating margin scored 8/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
- High — Sustainability: Officer compensation ratio scored 14/100.
- Review — Sustainability: Liabilities to assets ratio scored 53/100.