Red Bean Cantonese Opera Inc

Nonprofit profile at a glance

EIN
800705540
IRS 990-EZ coverage
2013–2020
Forms available
Form 990 2012, Form 990-EZ 2020
Location
Oakland, CA, USA
Phone
9258191790
Rating confidence
Limited
Sector
Theater

Official website

Reported finances

Revenue
$17,140
Expenses
$16,661
Assets
$48,044

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • JING LIANG (President)
  • LINDA LEE (Vice President)
  • JOHNSON ZETO (Vice President)

People named in this filing

  • JING LIANG (President)
  • LINDA LEE (Vice President)
  • JOHNSON ZETO (Vice President)

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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Since its founding in 1996, Red Bean Opera has hosted a series of classes that have trained more than 60 youths & young adults in the fundamentals of Cantonese Opera, produced & participated in more than 48 operatic events, including the staging of 7 full-length operas, and has sponsored & joined in numerous charitable activities, principally on behalf of the elderly and for disaster relief

What it reported doing in 2020

Due to pandemic, the organization was completely shut down with no opera performances & training etc. Prior to 2020:-Youth Training Programs: Since the 1996 formation of the first "Little Red Bean" group, the troupe's academic program, now operating under the ensembles of the "Red Bean Youth TroupeX and "Red Bean Youth Dancers", have proven to be one of the opera company's most successful endeavors. More than 60 youths from ages 7 through 28 have passed through the classes offered in the fundamentals of operatic technique, including acting, stage movement and martial arts; beginning and advanced dance technique; singing and recitative technique, and costuming and cosmetics for the operatic stage. All Youth Troupe and Youth Dancers students have appeared in live performances; some have matured into leading roles. One has joined the Red Bean Opera faculty as a teaching assisstant.

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
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 49
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

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

Sustainability

  • Operating margin: 2.8%; rating input score 50; 50th percentile among comparable filings
  • Total-asset coverage ratio: 2.88; rating input score 64; 64th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -9.4% per year; rating input score 0; 35th percentile among comparable filings
  • Asset growth: 7.2% per year; rating input score 100; 63rd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 8 filing years from 2013 to 2020
  • 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: Revenue growth scored 0/100.
  • Review — Sustainability: Operating margin scored 50/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.