Brcohn Charity Events

Nonprofit profile at a glance

EIN
680457953
IRS 990 coverage
2009–2013
Forms available
Form 990 2013
Location
Sonoma, CA, USA
Phone
7079384064
Rating confidence
Limited
Sector
Public Foundations

Official website

Reported finances

Revenue
$-143,821
Expenses
$82,844
Assets
$12,018
Liabilities
$180,066

Source: IRS Form 990. Selected filing: tax year 2013. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • BRUCE R COHN (PRESIDENT/CEO)
  • KEN MOLINARO (VICE PRESIDENT/CFO)

Highest reported compensation

  • BRUCE R COHN (PRESIDENT/CEO): $25,000 total reported compensation
  • ALISHA WHITFIELD (SECRETARY): $20,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2013. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

B.r. Cohn charity events is a non-profit 501(c)3 organization dedicated to enriching the livelihood of disadvantaged children and united states military veterans through its annual fall music festival and other fundraising endeavors.

What it reported doing in 2013

Through industry contacts and celebrity relationships, funds were raised for recognized charities

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

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

Rating breakdown

  • Financial Efficiency: 24
  • Transparency & Controls: 76
  • Accountability: 60
  • Sustainability: 8
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 13.6%; rating input score 14
  • Fundraising efficiency: $9.32 raised per $1 spent on fundraising; rating input score 53; 53rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.8%; rating input score 94; 24th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 44.3%; rating input score 44; 43rd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 87.5%; rating input score 88; 26th percentile among comparable filings
  • Governance controls: 2 of 9 controls in place; rating input score 22
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -157.6%; rating input score 11; 11th percentile among comparable filings
  • Total-asset coverage ratio: 0.15; rating input score 8; 8th percentile among comparable filings
  • Liabilities to assets ratio: 14.98; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 54.3%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -51.4% per year; rating input score 0; 14th percentile among comparable filings
  • Asset growth: -54% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 13.6% of spending went to programs
  • Governance: 7 of 8 board members independent · 2 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $11K in reported program spending
  • Leadership: top reported pay $25K · 9 people listed
  • Consistency: 21 of 22 current checks pass · 1 finding to review
  • Schedules: 9 filed schedules · includes major donors and grants
  • Filing history: 4 filing years from 2009 to 2013
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 4 filed related-organization links
  • 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 — Financial Efficiency: Program expense ratio scored 14/100.
  • High — Accountability: Governance controls: 6 of 8 not reported.
  • Review — Financial Efficiency: Fundraising efficiency scored 53/100.
  • Moderate — Transparency & Controls: Grant itemization coverage scored 44/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 11/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 8/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.
  • High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.