Decatur Fine Arts Academy Inc
Nonprofit profile at a glance
- EIN
- 931853910
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Decatur, GA, USA
- Phone
- 0000000000
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts Education
Reported finances
- Revenue
- $157,385
- Expenses
- $162,571
- Assets
- $7,692
- Liabilities
- $5,700
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Caroline Owen (Chief Executive Officer and Trustee)
People named in this filing
- Caroline Owen (Chief Executive Officer and Trustee)
- Robert Cushing (Chief Financial Officer and Trustee)
- Paul Cushing (Secretary and Trusteee)
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
Educational
What it reported doing in 2024
Four concerts featuring Decatur Fine Arts Academy instructors and guest musicians Concerts were free and open to the public Expenses were honorariums for performers recording and promotional materials
Operating model
- Revenue model
- Earned-program. 96% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 99% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 82
- Sustainability: 15
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93%; rating input score 93
- Program expense ratio: 90%; rating input score 90
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -3.3%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 0.05; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 0.74; rating input score 7; 7th percentile among comparable filings
- Officer compensation ratio: 48.3%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 116.9% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: -15.8% per year; rating input score 0; 8th percentile among comparable filings
Details
- Where the money goes: 93% of revenue deployed · 90% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $146K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 6 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 — Sustainability: Operating margin scored 25/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 7/100.
- High — Sustainability: Officer compensation ratio scored 5/100.
- High — Sustainability: Liabilities to assets ratio scored 7/100.