Fred Dolan Art Academy Foundation
Nonprofit profile at a glance
- EIN
- 463623634
- IRS 990-EZ coverage
- 2014–2025
- Forms available
- Form 990-EZ 2025
- Location
- White Plains, NY, USA
- Phone
- 9149495257
- Rating
- 56
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Arts Education
Reported finances
- Revenue
- $36,313
- Expenses
- $53,681
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- CORNELIUS VAN WRIGHT (President)
People named in this filing
- MARY ZASLOFSKY (Chairman)
- JONATHAN SMALLS (Treasurer)
- YING-HWA HU (Secretary)
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
A sanctuary for art students from disadvantaged areas
What it reported doing in 2025
Director compensation
Operating model
- Revenue model
- Donor-supported. 100% 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
MIXED - The filed numbers largely add up. 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: 30
- Transparency & Controls: 100
- Sustainability: 7
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 34.7%; rating input score 35
- Program expense ratio: 23.5%; rating input score 23
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: -47.8%; rating input score 13; 13th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 3; 3rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 61.7%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: -7.5% per year; rating input score 0; 32nd percentile among comparable filings
- Revenue growth: -9.6% per year; rating input score 0; 25th percentile among comparable filings
- Asset growth: 2.1% per year; rating input score 100; 46th percentile among comparable filings
Details
- Where the money goes: 34.7% of revenue deployed · 23.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $13K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 6 of 7 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 12 filing years from 2014 to 2025
- Contacts: How to reach this organization
- Money network: 3 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 35/100.
- High — Financial Efficiency: Program expense ratio scored 23/100.
- Moderate — Transparency & Controls: Part I part ii net assets crosscheck did not reconcile in the filed values.
- High — Sustainability: Operating margin scored 13/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 3/100.
- High — Sustainability: Officer compensation ratio scored 2/100.