Ladera Performing Arts Inc
Nonprofit profile at a glance
- EIN
- 204812461
- IRS 990-EZ coverage
- 2014–2014
- Forms available
- Form 990-EZ 2014, Form 990-N 2011
- Location
- Mission Viejo, CA, USA
- Phone
- 9495256312
- Rating
- 59
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Performing Arts Organizations
Reported finances
- Revenue
- $180,167
- Expenses
- $147,380
- Assets
- $50,555
- Liabilities
- $3,429
Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- Joshua Vecchione (President)
People named in this filing
- Irene Vecchione (Executive Direc)
- Joshua Vecchione (President)
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 2014. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide theatre production education and experience to children.
What it reported doing in 2014
Theatrical drama and musical productions
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
MIXED - A large share of available resources goes toward mission work. Some filed totals do not add up and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 55
- Sustainability: 52
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 63.6%; rating input score 64
- Program expense ratio: 77.8%; rating input score 78
Transparency & Controls
- Consistency checks: 66.7%; rating input score 67; 0th percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 18.2%; rating input score 77; 77th percentile among comparable filings
- Total-asset coverage ratio: 0.34; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 38; 38th percentile among comparable filings
- Officer compensation ratio: 16.3%; rating input score 22; 22nd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 63.6% of revenue deployed · 77.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $115K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 6 of 7 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Moderate — Transparency & Controls: Series balance sheet did not reconcile in the filed values.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
- High — Sustainability: Officer compensation ratio scored 22/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 38/100.
- High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.