Friends of the Nyacks Inc
Nonprofit profile at a glance
- EIN
- 133001812
- IRS 990-EZ coverage
- 2010–2015
- Forms available
- Form 990-EZ 2015, Form 990-N 2013
- Location
- Nyack, NY, USA
- Phone
- 8452709790
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts Council/Agency
Reported finances
- Revenue
- $21,654
- Expenses
- $24,872
- Assets
- $14,762
Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.
Leadership & pay
12 people listed
People named in this filing
- Dr Mary Anne Evangelist (Vice Chair)
- Lucinda McClarty (Vice Chair)
- Charles Cross (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 2015. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Friends of the Nyacks is dedicated to maintaining and improving the quality of life in the Nyacks and providing increased access to professional arts and multi-cultural programs for an under-served, diverse audience, in and around Rockland County, New York.
What it reported doing in 2015
Various music and other civic activities in rockland county.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 82
- Sustainability: 28
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.1%; rating input score 87
- Program expense ratio: 75.9%; rating input score 76
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -14.9%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 0.59; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: -27.3% per year; rating input score 0; 17th percentile among comparable filings
- Revenue growth: -30.9% per year; rating input score 0; 12th percentile among comparable filings
- Asset growth: -22.8% per year; rating input score 0; 12th percentile among comparable filings
Details
- Where the money goes: 87.1% of revenue deployed · 75.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $19K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2010 to 2015
- Contacts: How to reach this organization
- 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 — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 25/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.