Nice Inc

Nonprofit profile at a glance

EIN
810817879
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024, Form 990-N 2018
Location
Norwalk, CT, USA
Phone
2039193000
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Arts, Cultural Organizations - Multipurpose

Reported finances

Revenue
$172,510
Expenses
$166,954
Assets
$113,844
Liabilities
$82,702

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • Janet Evelyn (President & Ex. Director)

People named in this filing

  • Janet Evelyn (President & Ex. Director)
  • Kimberly Clyne (Secretary)
  • Purshotam Singh Gulati (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Norwalk Community Arts & Cultural Programs

What it reported doing in 2024

Nice staged the 9th Annual Festival on July 6, 2024featuring multiple cultures. Completed the 3rd year of the grades K-12 Cultural Education Enrichment Program in School districts. Both programs served over 20,000 people.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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 program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 42
  • Transparency & Controls: 100
  • Sustainability: 37
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 42.1%; rating input score 42
  • Program expense ratio: 43.5%; rating input score 43

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 3.2%; rating input score 43; 43rd percentile among comparable filings
  • Total-asset coverage ratio: 0.68; rating input score 47; 47th percentile among comparable filings
  • Liabilities to assets ratio: 0.73; rating input score 7; 7th percentile among comparable filings
  • Officer compensation ratio: 19%; rating input score 16; 16th percentile among comparable filings

Growth

  • Program expense growth: 41.1% per year; rating input score 100; 89th percentile among comparable filings
  • Revenue growth: 26.1% per year; rating input score 100; 88th percentile among comparable filings
  • Asset growth: 43.6% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 42.1% of revenue deployed · 43.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $73K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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: Mission deployment rate scored 42/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 43/100.
  • Moderate — Sustainability: Operating margin scored 43/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
  • High — Sustainability: Liabilities to assets ratio scored 7/100.
  • High — Sustainability: Officer compensation ratio scored 16/100.