Racial Fairness America Inc

Nonprofit profile at a glance

EIN
873673694
IRS 990 coverage
2022–2022
Forms available
Form 990 2022
Location
Pittsfield, MA, USA
Phone
7743645628
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Intergroup, Race Relations

Official website

Reported finances

Revenue
$1,250
Expenses
$3,839
Assets
$378
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • Sinead OBrien (Vice President)
  • Charles Yanikoski (President Treasurer)

Highest reported compensation

  • Sinead OBrien (Vice President): $3,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our organization seeks to spread across the U.S. the Racial Fairness model: that out of a sense fairness white people should voluntarily contribute to the well-being of other races and those contributions should be distributed locally to the most worthy causes as determined by People of Color.

What it reported doing in 2022

CREATION OF LOCAL RACIAL FAIRNESS PROTOTYPE IN BERKSHIRE COUNTY MASSACHUSETTS Racial Fairness America staff was loaned out virtually 100% to Racial Fairness Berkshires. Areas of learning and achievement: * Incorporated in Massachusetts and obtained IRS Determination Letter as a 501c3 charitable organization during 2022 * Incorporated in Massachusetts and obtained IRS Determination Letter as a 501c3 charitable organization during 2022 * Established a multi-racial multi-cultural local leadership team * Connected with other local groups; learned to cope with apathy and mild opposition from some groups * Supported and sometimes co-sponsored public events initiated by other anti-racist or pro-immigrant groups * Took seminars and otherwise got involved with the Nonprofit Center for the Berkshires helping us avoid some rookie errors. * Set up operational rules and guidelines including for the all-minority Distributions Committee * Brought two high school students onto the leadership team benefiting from their energy and up-to-date insights * Followed through on our enthusiastic reception by Latino groups this being the largest and poorest minority in our county * Began developing informational and inspirational presentations for white audiences; received encouraging results SEE 990 form for Racial Fairness Berkshires Inc EIN 88-4003090 for additional information on activities and finances

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 - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 66
  • Accountability: 40
  • Sustainability: 18
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 50%; rating input score 50; 20th percentile among comparable filings
  • Governance controls: 2 of 8 controls in place; rating input score 25
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Missing
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -207.1%; rating input score 16; 16th percentile among comparable filings
  • Total-asset coverage ratio: 0.1; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 70; 70th percentile among comparable filings
  • Officer compensation ratio: 78.1%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: 2 of 4 board members independent · 2 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $4K in reported program spending
  • Leadership: top reported pay $3K · 2 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 41 of 41 current checks pass
  • Schedules: 3 filed schedules · includes executive pay
  • 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.

  • Review — Accountability: Independent voting board scored 50/100.
  • High — Accountability: Governance controls: 4 of 6 not reported.
  • High — Sustainability: Operating margin scored 16/100.
  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.