Art with a Heart Inc
Nonprofit profile at a glance
- EIN
- 020570317
- IRS 990 coverage
- 2009–2018
- Forms available
- Form 990 2018
- Location
- Indianapolis, IN, USA
- Phone
- 3176027222
- Rating
- 66
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts Education
Reported finances
- Revenue
- $354,306
- Expenses
- $344,387
- Assets
- $74,344
- Liabilities
- $21,785
Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- AJA PIRTLE (PRESIDENT)
Highest reported compensation
- CARTER WOLF (EXECUTIVE DI): $28,723 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of art with a heart, inc. Is to provide hands on visual arts experiences that educate and inspire indianapolis children at risk.
What it reported doing in 2018
The vision of art with a heart is to foster the personal development of indianapolis youth who are at risk and to build stronger communities through hands on art education in conjunction with collaborators. The organization's collaborators are schools, safe havens, community centers and church programs that recruit students for their daily after school or summer programs. Art with a heart provides both the art classes and camps at the collaborators sites.
Operating model
- Revenue model
- Donor-supported. 67% 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. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 63
- Transparency & Controls: 65
- Accountability: 76
- Sustainability: 33
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68.2%; rating input score 68
- Program expense ratio: 68.6%; rating input score 69
- Fundraising efficiency: $5.37 raised per $1 spent on fundraising; rating input score 24; 24th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- 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: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- 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: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 2.8%; rating input score 49; 49th percentile among comparable filings
- Total-asset coverage ratio: 0.22; rating input score 13; 13th percentile among comparable filings
- Liabilities to assets ratio: 0.29; rating input score 19; 19th percentile among comparable filings
- Officer compensation ratio: 8.3%; rating input score 34; 34th percentile among comparable filings
Growth
- Program expense growth: 3.4% per year; rating input score 100; 53rd percentile among comparable filings
- Revenue growth: 5.1% per year; rating input score 100; 60th percentile among comparable filings
- Asset growth: -2.2% per year; rating input score 0; 25th percentile among comparable filings
Details
- Where the money goes: 68.2% of revenue deployed · 68.6% of spending went to programs
- Governance: 13 of 13 board members independent · 3 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $236K in reported program spending
- Leadership: top reported pay $29K · 14 people listed · 0 of 6 pay-setting controls reported
- Consistency: 25 of 25 current checks pass
- Schedules: 5 filed schedules · includes major donors and executive pay
- Filing history: 8 filing years from 2009 to 2018
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Moderate — Accountability: Governance controls: 4 of 7 not reported.
- High — Financial Efficiency: Fundraising efficiency scored 24/100.
- High — Sustainability: Total-asset coverage ratio scored 13/100.
- Moderate — Sustainability: Operating margin scored 49/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 19/100.
- Moderate — Sustainability: Officer compensation ratio scored 34/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.