Nathan Mayhew Seminars of Martha's
Nonprofit profile at a glance
- EIN
- 042582878
- IRS 990-EZ coverage
- 2013–2013
- Forms available
- Form 990-EZ 2013
- Location
- West Tisbury, MA, USA
- Rating
- 61
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Adult, Continuing Education
Reported finances
- Revenue
- $143,621
- Expenses
- $81,416
- Assets
- $186,251
Source: IRS Form 990-EZ. Selected filing: tax year 2013. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- CHARLES HUGHES (PRESIDENT)
People named in this filing
- CHARLES HUGHES (PRESIDENT)
- RUBIN CRONIG (VICE PRESIDE)
- RUBIN CRONIG (TREASURER)
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 2013. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To conduct a school to provide course of study in the liberal arts, the performing arts, in the social and physical sciences, in the vocational arts and skills and in the physical education; further, to provide such courses of study and to carry on such activities so as to maintain the tranquility and beauty of martha's vineyard and a balance of commercial, residential and open space uses; and further, to award the degree of bachelor arts/bachelor of science in new england studies to those students who have satisfactorily completed the prescribed course of study, provided that no part of the schools activities will be legislative in nature and that there will be no inurement to members of the corporation or any other activities in violation of section 501(c)3 of the internal revenue code of the united states.
What it reported doing in 2013
Served the needs of the community by providing space to a range of professional and enrichment programs which serve the island residents
Operating model
- Revenue model
- Earned-program. 97% of the money available for current operations came from fees and other program revenue.
- 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 - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 49
- Transparency & Controls: 82
- Sustainability: 78
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 59.6%; rating input score 60
- Program expense ratio: 31.1%; rating input score 31
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 43.3%; rating input score 94; 94th percentile among comparable filings
- Total-asset coverage ratio: 2.29; rating input score 87; 87th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 59.6% of revenue deployed · 31.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $25K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- 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.
- Moderate — Financial Efficiency: Program expense ratio scored 31/100.