Red Canary Collective Inc
Nonprofit profile at a glance
- EIN
- 842517019
- IRS 990 coverage
- 2023–2024
- Forms available
- Form 990 2024, Form 990-N 2022
- Location
- Minneapolis, MN, USA
- Phone
- 6127702736
- Rating
- 65
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Environmental Education and Outdoor Survival Programs
Reported finances
- Revenue
- $1,058,883
- Expenses
- $31,605
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- TRACY MCCARTNEY (FOUNDER, PRESID)
- SIGNE STEINER (Secretary)
- JESSE CARMICHAEL (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We are a creative, independent, on-line monthly magazine dedicated to difference-making journalism focused on urgent environmental and social issues.
What it reported doing in 2024
We believe securing a bright future is possible by amplifying the best of humanitys thoughts and actions. To do this, we produce red canary magazine, an independent online publication, created by award-winning author and journalist joe donnelly and supported by over 50 acclaimed journalists focused on the environment, social justice and sustainability, with the goal of shining more light on critical environmental and social justice issues. While our magazine is a completely independent journalistic venture (i.e. The journalists who create the magazine are not engaged in any advocacy projects), their reporting provides essential and ongoing insight into our areas of focus. There are three primary things that set us apart: 1)we believe in thinking differently, as a collective of award-winning journalists, filmmakers, photographers and strategists.2)we partner with conscientious philanthropists, foundations and corporations to amplify the voices of those already working to inspire meaningful change in our communities and our world.3)we believe in the power of the collective. We focus on the power of collective intelligence, collective gifts and collective action to restore vibrancy and peace today and for future generations.
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 most voting board members are independent. 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: 46
- Transparency & Controls: 92
- Accountability: 70
- Sustainability: 56
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 51.1%; rating input score 51
- Program expense ratio: 51.7%; rating input score 52
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- 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: 97%; rating input score 99; 99th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: -173.4% per year; rating input score 0; 0th percentile among comparable filings
- Revenue growth: 121.9% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: -200% per year; rating input score 0; 0th percentile among comparable filings
Details
- Where the money goes: 51.1% of revenue deployed · 51.7% of spending went to programs
- Governance: 5 of 5 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $16K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 16 of 16 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 2 filing years from 2023 to 2024
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 51/100.
- Review — Financial Efficiency: Program expense ratio scored 52/100.
- High — Accountability: Governance controls: 4 of 6 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 0/100.
- High — Growth: Asset growth scored 0/100.