Earth Day International Film and Media

Nonprofit profile at a glance

EIN
814062476
IRS 990 coverage
2017–2019
Forms available
Form 990 2019
Location
Dallas, TX, USA
Phone
2143101200
Rating
50
Verdict
MIXED
Rating confidence
Moderate
Sector
Fairs

Official website

Reported finances

Revenue
$5,199,864
Expenses
$1,391,293
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • MICHAEL CAIN (PRESIDENT)

Highest reported compensation

  • MICHAEL CAIN (PRESIDENT): $213,945 total reported compensation
  • PRAVEEN VARGHESE (SECRETARY (AS OF 07/2019)): $148,324 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Earthxfilm showcases films and emerging media that explore conservation, climate change, and the environment while honoring the heroes working to protect the planet. We achieve our goals by partnering with top environmental, film and (see schedule o) entertainment organizations across the globe.form 990, part iv, line 31: the film board of directors voted in late fiscal year 2020 to terminate the earth day international film and media corporation effective june 30, 2020. The operations of the entity will be part of earth day Texas incorporated ("earthx") as of july 1, 2020.

What it reported doing in 2019

Earth day international film and media (aka earthxfilm) is a 21st century film festival that uses the power of film and emerging media to raise awareness of environmental and social global issues. Incisive, powerful storytelling is crucial to a livable future on this earth and we believe in taking the audience from an emotional reaction to action in an entertaining and memorable way. During fy2020, the festival was held virtually due to the covid-19 pandemic.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 94% 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

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: 23
  • Transparency & Controls: 65
  • Accountability: 87
  • Sustainability: 48
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 12.8%; rating input score 13
  • Program expense ratio: 48%; rating input score 48
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 15th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 81.5%; rating input score 82; 21st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 85.7%; rating input score 86; 17th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 73.2%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 16.1%; rating input score 14; 14th percentile among comparable filings

Growth

  • Program expense growth: -16.8% per year; rating input score 0; 3rd percentile among comparable filings
  • Revenue growth: 143.3% per year; rating input score 100; 100th percentile among comparable filings
  • Asset growth: -16.7% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 12.8% of revenue deployed · 48% of spending went to programs
  • Governance: 6 of 7 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $668K in reported program spending
  • Leadership: top reported pay $214K · 10 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 31 of 32 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 3 filing years from 2017 to 2019
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 4 filed related-organization links
  • 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 13/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 48/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Accountability: Governance controls: Audit committee oversight not reported.
  • High — Sustainability: Officer compensation ratio scored 14/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.