Cherokee Triangle Association Inc
Nonprofit profile at a glance
- EIN
- 611211574
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024, Form 990-EZ 2020
- Location
- Louisville, KY, USA
- Phone
- 5024590256
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $264,695
- Expenses
- $235,974
- Assets
- $385,688
- Liabilities
- $48,139
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- ANNE LINDAUER (PRESIDENT)
- JAMIE CONTI (2ND VICE PRESIDENT)
- DAWN KNIGHT (VICE PRESIDENT)
People named in this filing
- ANNE LINDAUER (PRESIDENT)
- JAMIE CONTI (2ND VICE PRESIDENT)
- DAWN KNIGHT (VICE PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
1) to provide a forum for discussion of neighborhood matters and an institution to promote neighborhood improvement and activities with that purpose.2) to foster awareness of the neighborhood as a desirable place to live.3) to cooperate with other organizations having analogous objectives;4) to encourage community planning, area development, and aesthetic and historic awareness by direct action and/or by allocation of corporate assets to other organizatons and individuals as outlined by section 501(c) of the united states internal revenue code
What it reported doing in 2024
Other program expenses such as: -family festival -fall cocktail party -donations -concerts -newsletters
Operating model
- Revenue model
- Earned-program. 95% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 84% 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. Some filing-based governance responses are negative or unanswered and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 63
- Transparency & Controls: 82
- Accountability: 76
- Sustainability: 56
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68%; rating input score 68
- Program expense ratio: 77.4%; rating input score 77
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 9th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 86.2%; rating input score 86; 50th percentile among comparable filings
- Major donor itemization: Limited
- 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: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 10.9%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 1.63; rating input score 54; 54th percentile among comparable filings
- Liabilities to assets ratio: 0.12; rating input score 24; 24th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 5.9% per year; rating input score 100; 57th percentile among comparable filings
- Revenue growth: 6.4% per year; rating input score 100; 59th percentile among comparable filings
- Asset growth: 1.8% per year; rating input score 100; 32nd percentile among comparable filings
Details
- Where the money goes: 68% of revenue deployed · 77.4% of spending went to programs
- Governance: 15 of 15 board members independent · 3 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $183K in reported program spending
- Leadership: top reported pay $0 · 15 people listed
- Consistency: 19 of 20 current checks pass · 1 finding to review
- Schedules: 2 filed schedules · includes grants
- Filing history: 6 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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 — Accountability: Governance controls: 3 of 6 not reported.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Sustainability: Total-asset coverage ratio scored 54/100.
- High — Sustainability: Liabilities to assets ratio scored 24/100.