Cultivate
Nonprofit profile at a glance
- EIN
- 884346071
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024
- Location
- Portsmouth, NH, USA
- Rating
- 48
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Cultural, Ethnic Awareness
Reported finances
- Revenue
- $91,807
- Expenses
- $3,175
- Assets
- $124,446
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Joanna Kelley (President)
- Dave Vargas (Vice President)
People named in this filing
- Joanna Kelley (President)
- Dave Vargas (Vice President)
- Marie Collins (Treasurer)
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
Cultivate is an organization whose purpose is to promote diversity and equity in our community through events designed to celebrate the rich regional histories of both culture and agriculture.
What it reported doing in 2024
New England BIPOC Festival - By bringing our community together we hope to cultivate conversation and collective action about the important threads of equity and social justice that hold us all together. Through celebration and joy BIPOC fest unites a wide array of community members to enjoy some of the foods art & music that highlight the rich and diverse histories that make up New England.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 100
- Sustainability: 90
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 96.5%; rating input score 99; 99th percentile among comparable filings
- Total-asset coverage ratio: 39.2; rating input score 98; 98th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 55.2% per year; rating input score 100; 97th percentile among comparable filings
- Asset growth: 110.6% per year; rating input score 100; 99th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 4 filed schedules
- Filing history: 2 filing years from 2023 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 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.