Culturebrokers Foundation Inc
Nonprofit profile at a glance
- EIN
- 300331361
- IRS 990-EZ coverage
- 2010–2011
- Forms available
- Form 990-EZ 2011, Form 990-N 2007
- Location
- Minneapolis, MN, USA
- Phone
- 6513212167
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $75,982
- Expenses
- $66,969
- Assets
- $5,868
Source: IRS Form 990-EZ. Selected filing: tax year 2011. Amounts in USD.
Leadership & pay
5 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Help communities increase intercultural knowledge or competence.
What it reported doing in 2011
In addition to the African American Heritage Corridor, we acquired the World Cultural Heritage District program and started the Ethnic Cultural Tourism Destinations Collaborative. We held the first ECTD Conference this year. We also became fiscal agent for the City of Saint Paul HREEO EMS Academy and NAACP RACE award. Program services expenses cover all these programs.
Operating model
- Revenue model
- Donor-supported. 95% 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.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 58
- Transparency & Controls: 100
- Sustainability: 35
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 55.2%; rating input score 55
- Program expense ratio: 62.7%; rating input score 63
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 11.9%; rating input score 69; 69th percentile among comparable filings
- Total-asset coverage ratio: 0.09; rating input score 8; 8th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: 74.4% per year; rating input score 100; 91st percentile among comparable filings
- Revenue growth: 147.4% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: -24.4% per year; rating input score 0; 19th percentile among comparable filings
Details
- Where the money goes: 55.2% of revenue deployed · 62.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $42K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2010 to 2011
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 55/100.
- High — Sustainability: Total-asset coverage ratio scored 8/100.
- High — Growth: Asset growth scored 0/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.