Lume Foundation Inc

Nonprofit profile at a glance

EIN
461555508
IRS 990-EZ coverage
2013–2015
Forms available
Form 990-EZ 2015
Location
Smyrna, GA, USA
Phone
4129774967
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Performing Arts Organizations

Reported finances

Revenue
$1,375
Expenses
$1,300
Assets
$325
Liabilities
$3,697

Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • MARA MANDRADJIEFF (President)

People named in this filing

  • MARA MANDRADJIEFF (President)
  • CHRISTOPHER BENNETT (BUS. DIRECTOR)
  • ANGELA HARRIS (Director)

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

Lume Foundation, Inc. is a nonprofit corporation that uses dance to improve the quality of life for patients and individuals at healthcare facilities such as hospitals, rehabilitation centers, geriatric care centers, and different types of counseling centers. It is Lumes mission to provide hope and happiness to communities in need of healing, comfort, and support.

What it reported doing in 2015

Lume Foundation engages and inspires individuals through performances, dance classes, and personal visits, all of which are volunteered services for the healthcare facilities. Currently, Lume is collaborating with Children's Healthcare of Atlanta, where Mara Mandradjieff, Lume's Executive Director, is officially part of Children's volunteer network. After the shows, the professional dancers interact with patients and even pass out small dance tokens such as autographed ballet photos and tutus. This adds to the excitement of the show and allows for further personal interaction and involvement.

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

STRONG - 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 total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 97
  • Transparency & Controls: 82
  • Sustainability: 38
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.5%; rating input score 95
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 5.5%; rating input score 56; 56th percentile among comparable filings
  • Total-asset coverage ratio: 0.25; rating input score 18; 18th percentile among comparable filings
  • Liabilities to assets ratio: 11.38; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: -58.6% per year; rating input score 0; 8th percentile among comparable filings
  • Revenue growth: 53.3% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: -12.8% per year; rating input score 0; 19th percentile among comparable filings

Details

  • Where the money goes: 94.5% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $1K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2013 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.

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 — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 18/100.
  • Review — Sustainability: Operating margin scored 56/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.