Fine Artastic

Nonprofit profile at a glance

EIN
413923013
IRS 990-EZ coverage
2025–2025
Forms available
Form 990-EZ 2025
Location
Buffalo Grove, IL, USA
Phone
2247631326
Rating
37
Verdict
REVIEW
Rating confidence
Moderate

Reported finances

Revenue
$230
Expenses
$1
Assets
$229
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Adit Mehta (President)
  • Ritwik Dash (Vice President)

People named in this filing

  • Adit Mehta (President)
  • Ritwik Dash (Vice President)
  • Samuel Alip (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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The corporation is organized for the purposes of creating and organizing accessible fine arts workshops for youth in communities across the State of Illinois and for providing accessible arts resources to youth within the State of Illinois, including but not limited to painting and drawing materials, instruments, writing utensils, instructional tutors, and other educational or charitable resources.

What it reported doing in 2025

As the organization was still in its startup phase when its tax year ended, it had no program service accomplishments that furthered its purpose. Activities focused on the Board of Directors' infrastructure and raising funds to pursue future programs, which furthered its purpose. Following the end of the tax year, the organization raised funds and achieved meaningful program service accomplishments.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. 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: 0
  • Transparency & Controls: 82
  • Sustainability: 91
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 99.6%; rating input score 100; 100th percentile among comparable filings
  • Total-asset coverage ratio: 229; rating input score 99; 99th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • 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.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.