Colerain Center for Education Preservation and the Arts
Nonprofit profile at a glance
- EIN
- 833073316
- IRS 990 coverage
- 2019–2024
- Forms available
- Form 990 2024, Form 990-N 2023
- Location
- Spruce Creek, PA, USA
- Phone
- 8146320982
- Rating
- 52
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- History Museums
Reported finances
- Revenue
- $237,098
- Expenses
- $50,216
- Assets
- $377,096
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Jerry Zolten (President)
- Joyce Zolten (Vice President)
People named in this filing
- Jerry Zolten (President)
- Joyce Zolten (Vice President)
- John C Rosenblum (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Preservation of the historic Colerain Forges Mansion, a National Register of Historic Places site, providing educational experiences about the history of the mansion, and continuing its legacy of 200 years of supporting the local arts, today through retreats, artist residencies, performances, and workshops.
What it reported doing in 2024
Concert of traditional folk and American roots music. The Colerain Center was thrilled to share a performance by Nashville legend Kieran Kane with our rural community. Opportunities to experience live music, especially of this caliber, are rare in rural central Pennsylvania, and when such opportunities do come, the ticket price are not affordable for rural families. Throughout the 1800s, the Colerain Forges Mansion was a place for the community to experience live music and learn about music in classes taught by the iron master's daughter, Kate Stewart. Today, the Colerain Center is continuing this legacy.
Operating model
- Revenue model
- Donor-supported. 98% of the money available for current operations came from contributions and gifts.
- 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 9
- Transparency & Controls: 85
- Accountability: 76
- Sustainability: 88
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 4.1%; rating input score 4
- Program expense ratio: 19.6%; rating input score 20
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 13th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- 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: 78.8%; rating input score 97; 97th percentile among comparable filings
- Total-asset coverage ratio: 7.51; rating input score 86; 86th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 0.4% per year; rating input score 100; 32nd percentile among comparable filings
- Revenue growth: -0.9% per year; rating input score 0; 20th percentile among comparable filings
- Asset growth: 9% per year; rating input score 100; 63rd percentile among comparable filings
Details
- Where the money goes: 4.1% of revenue deployed · 19.6% of spending went to programs
- Governance: 6 of 6 board members independent · 3 of 7 filing controls reported
- Programs: 4 filed program accomplishments · $10K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 40 of 41 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors
- Filing history: 2 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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 — Financial Efficiency: Mission deployment rate scored 4/100.
- High — Financial Efficiency: Program expense ratio scored 20/100.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.