Freedmens Art Alliance Inc
Nonprofit profile at a glance
- EIN
- 813943794
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024, Form 990-N 2017
- Location
- Chester, PA, USA
- Phone
- 2672713192
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $101,500
- Expenses
- $121,271
- Assets
- $42,117
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- DEVON WALLS (EXECUTIVE DIRECTOR)
People named in this filing
- DEVON WALLS (EXECUTIVE DIRECTOR)
- JAMES TURNER (CHAIRMAN OF THE BOARD)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Community theater and arts center. To use art to influence and educate the community and bring awareness of experiences across space and time. To use art as a vehicle of change in our community.
What it reported doing in 2024
Art classes taught by volunteers(some paid)instructors for children and manyadults sufferings traumas. Classes are held several times a week. An estimated 150 people participated community discussions on economic opportunities, development, media and race, gender equilities and national history. Events include panel discussions and presentations. Arts and entertainment experiences for low income community. This includes theatrical performances, live music, poetry and puppetry. They are largely produced by local artists. Leverage the arts to explore social issues, diffuse tensions and introduce creative responses; heighten public awareness on issues of opportunity, fairness and justice; engage the public in regular discourse on timely topics and community concerns; deepen capacity for understanding and navigating difference throughout the community; equip the next generation with knowledge and tools that can serve as a blueprint for future torchbearers; empower a broad range of partners, across disciplines, to function effectively as allies in promoting equity.
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 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 total spending goes to programs and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 53
- Transparency & Controls: 100
- Accountability: 88
- Sustainability: 29
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 62.8%; rating input score 63
- Program expense ratio: 52.6%; rating input score 53
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -19.5%; rating input score 14; 14th percentile among comparable filings
- Total-asset coverage ratio: 0.35; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: -43.5% per year; rating input score 0; 2nd percentile among comparable filings
- Revenue growth: -51.4% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: -35.5% per year; rating input score 0; 2nd percentile among comparable filings
Details
- Where the money goes: 62.8% of revenue deployed · 52.6% of spending went to programs
- Governance: 3 of 3 board members independent · 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $64K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 14 of 14 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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: Program expense ratio scored 53/100.
- High — Sustainability: Operating margin scored 14/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Total-asset coverage ratio scored 18/100.
- High — Growth: Asset growth scored 0/100.