Eagle Rock Community Cultural Association

Nonprofit profile at a glance

EIN
954689576
IRS 990 coverage
2015–2022
Forms available
Form 990 2022
Location
Los Angeles, CA, USA
Phone
3235613044
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community Recreational Centers

Official website

Reported finances

Revenue
$426,841
Expenses
$307,492
Assets
$343,938
Liabilities
$5,791

Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • MELINDA ANN FARRELL (EXECUTIVE DIRECTOR)

Highest reported compensation

  • MELINDA ANN FARRELL (EXECUTIVE DIRECTOR): $106,627 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Center for the arts eagle rock's mission is to be an innovative, cultural hub for northeast los angeles providing access to transformative arts education and multidisciplinary arts experiences for all who love the arts.

What it reported doing in 2022

The center was cleared to reopen by the dca in june 2022 to resume operations and welcome the community back for live programming with covid safety measures in place. With a phased rollout, cfaer offered onsite workshops in painting, drawing, textile arts, comics, paper mache, sculpture, zines and printmaking as well as a youth summer arts pop up, winter arts camp, the new initiative cfaer teens, nela music concert series, and group exhibitions with companion workshops and performances. Our afterschool arts enrichment program, imagine studio brought contemporary artists back into elementary school classrooms to share standards-based art projects, materials and techniques. We provided free exhibition space and curatorial resources for eagle rock high school artists to present original shows and continued to offer free online drawing lab and doodle hour arts classes for vulnerable seniors and young children. Through a successful rfp submission, cfaer was awarded a five-year contract to expand our cultural service provision to connect our northeast los angeles communities and beyond to the transformative power of the arts.

Operating model

Revenue model
Grant-funded. 68% of the money available for current operations came from government grants.
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 most voting board members are independent. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 58
  • Transparency & Controls: 92
  • Accountability: 95
  • Sustainability: 57
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 51.1%; rating input score 51
  • Program expense ratio: 71%; rating input score 71
  • Fundraising efficiency: $19.19 raised per $1 spent on fundraising; rating input score 56; 56th 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: 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: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 28%; rating input score 82; 82nd percentile among comparable filings
  • Total-asset coverage ratio: 1.12; rating input score 42; 42nd percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 45; 45th percentile among comparable filings
  • Officer compensation ratio: 34.7%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: -9.8% per year; rating input score 0; 12th percentile among comparable filings
  • Revenue growth: -6.4% per year; rating input score 0; 11th percentile among comparable filings
  • Asset growth: 4.1% per year; rating input score 100; 45th percentile among comparable filings

Details

  • Where the money goes: 51.1% of revenue deployed · 71% of spending went to programs
  • Governance: 7 of 7 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $218K in reported program spending
  • Leadership: top reported pay $107K · 8 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 8 filing years from 2015 to 2022
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 51/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 56/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 45/100.