Clocktower Players Inc
Nonprofit profile at a glance
- EIN
- 132967644
- IRS 990 coverage
- 2013–2021
- Forms available
- Form 990 2021
- Location
- Irvington, NY, USA
- Phone
- 9143818900
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Theater
Reported finances
- Revenue
- $121,758
- Expenses
- $267,604
- Assets
- $95,007
- Liabilities
- $151,401
Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- RICHARD HODDESON (PRESIDENT)
People named in this filing
- SUSAN AIBINDER (BOARD MEMBER)
- SHANE BLAND (BOARD MEMBER)
- SUSAN CHESTER (BOARD MEMBER)
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 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Clocktower players, inc.'s mission is to empower youth and enrich community through theater. Clocktower players enriches the community through live theater by providing a dynamic environment to foster creative expression, champion diversity and empower youth to achieve success both onstage and off. Clocktower seeks to build community through theater performed by local talent and attended by neighbors, family and friends. Clocktower strives to reach into their own backyard and embrace new and diverse perspectives, the inclusion of which is a powerful agent of social betterment for the community. Clocktower players provides a supportive classroom where artists of all ages feel safe to take risks and explore their voices and are encouraged to do so.
What it reported doing in 2021
Although not currently classified as a pandemic, covid uncertainties severely limited current year instruction and productions. Both were limited in scope and are expected to return to pre-pandemic levels within the next two fiscal years. . Kids troupe (fall & spring sessions) a total of thirty (30) students participated in taking thirty six (36) total classes resulting in two preformances, 'winnie the pooh kids- and 'moana jr.' . Teen troupe (fall session) fifteen (15) students participated in twenty three (23) classes which culminated with two (2) performances of 'urinetown' . Jr. Teen/teen troupe (spring session) eighteen (18) students attended twenty one (21) classes which culminated in two (2) performances of 'spongebob the musical' (fall session not held due to insufficient number of student enrollees) . Gala fund raiser - nineteen (19) adult participants took part in the annual gala staged production and performance of 'priscilla, queen of the desert', which was attended by 248 patrons
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 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. A relatively small share of total spending goes to programs and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 90
- Accountability: 70
- Sustainability: 13
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.1%; rating input score 96
- Program expense ratio: 43.7%; rating input score 44
- Fundraising efficiency: $2.54 raised per $1 spent on fundraising; rating input score 9; 9th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- 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: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -119.8%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 0.36; rating input score 14; 14th percentile among comparable filings
- Liabilities to assets ratio: 1.59; rating input score 2; 2nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 70; 70th percentile among comparable filings
Growth
- Program expense growth: -8.2% per year; rating input score 0; 18th percentile among comparable filings
- Revenue growth: -8% per year; rating input score 0; 11th percentile among comparable filings
- Asset growth: 25.5% per year; rating input score 100; 87th percentile among comparable filings
Details
- Where the money goes: 96.1% of revenue deployed · 43.7% of spending went to programs
- Governance: 6 of 6 board members independent · 2 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $117K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 22 of 22 current checks pass
- Schedules: 5 filed schedules
- Filing history: 7 filing years from 2013 to 2021
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Financial Efficiency: Program expense ratio scored 44/100.
- High — Accountability: Governance controls: 4 of 6 not reported.
- High — Financial Efficiency: Fundraising efficiency scored 9/100.
- High — Sustainability: Operating margin scored 1/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 14/100.
- High — Sustainability: Liabilities to assets ratio scored 2/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.