Kaleidoscope Youth Center Inc

Nonprofit profile at a glance

EIN
351871411
IRS 990 coverage
2011–2012
Forms available
Form 990 2012, Form 990-EZ 2010
Location
Indianapolis, IN, USA
Phone
3179211040
Rating confidence
Limited
Sector
Nonprofit Management

Reported finances

Revenue
$267,558
Expenses
$290,329
Assets
$330,693
Liabilities
$33,911

Source: IRS Form 990. Selected filing: tax year 2012. Amounts in USD.

Leadership & pay

14 people listed

Source: IRS Form 990. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide a supported, safe and educational environment for neighborhood youth and their families.

What it reported doing in 2012

After school programming: monday through friday 3:00 p.m. Until 7:00 p.m. Provides youth with dinner, academic enrichment programming, literacy programming, martial arts, urban farming instruction, prevention, fitness and nutrition sessions, conflict resolution training, life skills development, and a variety of fun recreational activities, which include; *reading enrichment *tutoring/homework assistance *modern dance *percussion *earth scouts *talk it out *girls scouts/boy scouts *reclaiming the village *afternoons r.o.c.k. *bully prevention *girls inc. *arts & crafts summer enrichment programming: june 18, 2012 through july 27, 2012monday through friday 7:00 a.m. Until 6:00 p.m. Summer program will be open to youth ages 5 through 17 and focus on tutoring/homework assistance and cultural enrichment of the students. Middle and high schools students will have the opportunity to travel around the state of Indiana to visit colleges and universities in an effort to prepare them for the "road to higher education."

Operating model

Revenue model
Donor-supported. 73% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 69
  • Accountability: 90
  • Sustainability: 32
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 60th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Scored; rating input score 0
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -8.5%; rating input score 24; 24th percentile among comparable filings
  • Total-asset coverage ratio: 1.14; rating input score 47; 47th percentile among comparable filings
  • Liabilities to assets ratio: 0.1; rating input score 37; 37th percentile among comparable filings
  • Officer compensation ratio: 21.7%; rating input score 19; 19th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 14.1% per year; rating input score 100; 76th percentile among comparable filings
  • Asset growth: 0.7% per year; rating input score 100; 47th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 13 of 13 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $233K in reported program spending
  • Leadership: top reported pay $63K · 14 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 2 filing years from 2011 to 2012
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • High — Sustainability: Operating margin scored 24/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
  • High — Sustainability: Officer compensation ratio scored 19/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 37/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.