International Cake Exploration Societe
Nonprofit profile at a glance
- EIN
- 382251889
- IRS 990 coverage
- 2009–2021
- Forms available
- Form 990 2021
- Location
- Colorado Springs, CO, USA
- Phone
- 6183632501
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- International Democracy & Civil Society Development
Reported finances
- Revenue
- $148,543
- Expenses
- $330,049
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- TINA CREWS (President)
- JENNIFER NOBLE (Vice President)
People named in this filing
- TINA CREWS (President)
- JENNIFER NOBLE (Vice President)
- SHERRI RANDELL (TECHNOLOGY)
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 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Form 990 organization's missionthe purposes of the societe are: a. To share, promote, perpetuate, encourage, publicize and enlarge the appreciation, love practice and recognition of the art of cake decorating; b. To grant scholarships to persons to learn said art and to educate others as to said art; c. To collect and disseminate information in regard to said art to its practioners and the general public; d. To hold exhibitions, shows, and other gatherings for the purposes stated herein above; e. To engage in any lawful act or activity consistent with the Michigan nonprofit corporaton act (the "act"), as may be amended.
What it reported doing in 2021
Promoting the sugar arts
Operating model
- Revenue model
- Earned-program. 81% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 63% for direct work, and 37% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 93
- Accountability: 82
- Sustainability: 9
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 99.5%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 99.6%; rating input score 100; 60th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- 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: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -122.2%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 70; 70th percentile among comparable filings
Growth
- Program expense growth: 40.2% per year; rating input score 100; 93rd percentile among comparable filings
- Revenue growth: -17.4% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: -14.9% per year; rating input score 0; 4th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 99.5% of spending went to programs
- Governance: 12 of 12 board members independent · 4 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $328K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 18 of 18 current checks pass
- Schedules: 3 filed schedules · includes grants
- Filing history: 13 filing years from 2009 to 2021
- Contacts: How to reach this organization
- Money network: 8 filed money-flow records
- Related organizations: 8 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.
- Review — Accountability: Governance controls: 2 of 6 not reported.
- High — Sustainability: Operating margin scored 1/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- High — Growth: Asset growth scored 0/100.