Authentic Native Arts Association Inc
Nonprofit profile at a glance
- EIN
- 824063379
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- Gainesville, FL, USA
- Phone
- 5058679667
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $88,454
- Expenses
- $92,992
- Assets
- $7,486
- Liabilities
- $51,950
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- SARA CHADWICK (PRESIDENT)
People named in this filing
- SARA CHADWICK (PRESIDENT)
- MATEO ROMERO (VICE PRESIDE)
- PRUDY CORREA (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide marketability for authentic native american arts.
What it reported doing in 2024
Bernalillo indian arts festival held may 4 & 5, 2024 is an open air market with 150 native americans participating.it takes place at loretto park in bernalillo, nm with over 3,000 public attendees. Native artists sell pottery, jewelry, sculptures, textiles, clothing, beadwork, paintings. Entertainment, food boothsmake it a true native indian market.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 95% 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
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 100
- Sustainability: 27
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.1%; rating input score 79
- Program expense ratio: 75.2%; rating input score 75
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -5.1%; rating input score 36; 36th percentile among comparable filings
- Total-asset coverage ratio: 0.08; rating input score 10; 10th percentile among comparable filings
- Liabilities to assets ratio: 6.94; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 6.6% per year; rating input score 100; 66th percentile among comparable filings
- Revenue growth: 6.3% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: 67.1% per year; rating input score 100; 97th percentile among comparable filings
Details
- Where the money goes: 79.1% of revenue deployed · 75.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $70K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- 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.
- Moderate — Sustainability: Operating margin scored 36/100.
- High — Sustainability: Total-asset coverage ratio scored 10/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.