Children's Art Foundation Inc

Nonprofit profile at a glance

EIN
237317498
IRS 990-EZ coverage
2024–2024
Forms available
Form 990 2023, Form 990-EZ 2024
Location
Santa Cruz, CA, USA
Phone
8316005969
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$108,385
Expenses
$125,381
Assets
$27,719
Liabilities
$99,329

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • EMMA WOOD (PRESIDENT)

People named in this filing

  • EMMA WOOD (PRESIDENT)
  • WILLIAM RUBEL (DIRECTOR)
  • DEVON PEARCE (DIRECTOR)

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

Publishing children's writing and artwork.

What it reported doing in 2024

Stone soup: a literary magazine by young writers and artists with digital circulation of about 8,175 members, half schools & libraries. Stone soup encompasses several programs: (i) magazine - an edited selection of short stories, poetry and art by children under age 14, (ii) online - website hosts the magazine along with a host of other materials developed by staff, such as teacher resources, writing and art activities, and the online archive, (iii) blog - venue for the regular publication of prose writing by young people, not destined for publication in the magazine, on subjects from nature to knitting as well as graphic/art novels, (iv) book reviews - subsection of blog devoted to book reviews by stone soup writers, reviewing a combination of classic and current titles, (v) newsletter - free weekly newsletter including messages from stone soup editors, activities, archive story and other news, (vi) contests - prizes for winners of various contests for those ages 14 and younger. Readership: approximately 79,040

Operating model

Revenue model
Earned-program. 74% of the money available for current operations came from fees and other program revenue.
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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 82
  • Sustainability: 14
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 63.9%; rating input score 64
  • Program expense ratio: 66.9%; rating input score 67

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -15.7%; rating input score 11; 11th percentile among comparable filings
  • Total-asset coverage ratio: 0.22; rating input score 20; 20th percentile among comparable filings
  • Liabilities to assets ratio: 3.58; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 12.2%; rating input score 20; 20th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -11.4% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: -15.5% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: 63.9% of revenue deployed · 66.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $84K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • 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 — 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 20/100.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.
  • High — Sustainability: Officer compensation ratio scored 20/100.