Olive Tree Arts Network Nfp

Nonprofit profile at a glance

EIN
813499678
IRS 990-EZ coverage
2016–2023
Forms available
Form 990-EZ 2023, Form 990-N 2021
Location
Chicago, IL, USA
Phone
3125438401
Rating
45
Verdict
MIXED
Rating confidence
Moderate
Sector
Cultural, Ethnic Awareness

Official website

Reported finances

Revenue
$78,747
Expenses
$52,350
Assets
$49,343
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

4 people listed

People named in this filing

  • Darrell Jones (Board Chair)
  • Michael Frazin (Treasurer)
  • Suzanne Sahloul (Secretary)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We provided programming to 8 schools and over 400 children through the curriculum Olive Tree Arts Network continued work on developing a remote curriculum Revisions were made to the Level Middle School curriculum

What it reported doing in 2023

Our mission is to use creative expression to promote understanding, cooperation and peace in our multi-faith society. The underlying principle of Poetry Pals is that the mosaic of cultures in our modern world can be a source of inspiration rather than conflict. We are dedicated to bringing together young people to share their faiths, learn about each other's culture and have fun together by expressing themselves through words, art, music and performance.

Operating model

Revenue model
Donor-supported. 96% 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

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. 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: 4
  • Transparency & Controls: 100
  • Sustainability: 67
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 4.5%; rating input score 5
  • Program expense ratio: 3.5%; rating input score 3

Transparency & Controls

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

Sustainability

  • Operating margin: 33.5%; rating input score 84; 84th percentile among comparable filings
  • Total-asset coverage ratio: 0.94; rating input score 44; 44th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -31.3% per year; rating input score 0; 13th percentile among comparable filings
  • Revenue growth: -7.9% per year; rating input score 0; 29th percentile among comparable filings
  • Asset growth: -0.4% per year; rating input score 0; 37th percentile among comparable filings

Details

  • Where the money goes: 4.5% of revenue deployed · 3.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $2K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 7 filing years from 2016 to 2023
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 5/100.
  • High — Financial Efficiency: Program expense ratio scored 3/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.