Red Hot Organization Inc
Nonprofit profile at a glance
- EIN
- 133793884
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024, Form 990-EZ 2015
- Location
- New York, NY, USA
- Phone
- 9175206497
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $248,808
- Expenses
- $314,131
- Assets
- $377,824
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- JOHN CARLIN (FOUNDER/EXECUTIVE DIRECTOR)
Highest reported compensation
- JONATHAN GALKIN (MEMBER): $39,000 total reported compensation
- DUSTIN REID (MEMBER): $36,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Red hot is a not-for-profit organization that produces projects to raise awareness and fight AIDS/HIV and other health and social issues.
What it reported doing in 2024
Red hot released a sprawling album, transa, with over 100 artists and 4 hours of music to support the trans community. The artists involved ranged from some of the biggest stars such as sade, sam smith and andre300 to lesser known trans artists. The album generated tens of millions of streams and was recently nominated for a grammy award. We also produced and distributed a 6 lp box set as well as a series of merchandising. The project was supported by listening parties across the u.s. And live events at the getty museum in la and at power house in brooklyn.we also continued our series of albums paying tribute to the legendary musician sun ra, with the album outerspaceways incorporated with laurie anderson, terry riley and a legion of important musicians and artists. The cover was created by the well known visual artist lorna simpson.finally, we collaborated with the kronos quartet and the nobel committee to produce and release two versions of bob dylan's song, hard rain, about anxiety over nuclear war. The tracks brought together over fifty artists including ringo star, willie nelson, iggy pop, ocean vuong and asha bhosle.
Operating model
- Revenue model
- Earned-program. 76% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 98% 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. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 94
- Accountability: 54
- Sustainability: 30
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 91.2%; rating input score 91
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 71.4%; rating input score 71; 19th percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -26.3%; rating input score 11; 11th percentile among comparable filings
- Total-asset coverage ratio: 1.2; rating input score 46; 46th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 23.9%; rating input score 15; 15th percentile among comparable filings
Growth
- Program expense growth: 2% per year; rating input score 100; 40th percentile among comparable filings
- Revenue growth: -0.1% per year; rating input score 0; 23rd percentile among comparable filings
- Asset growth: 6.2% per year; rating input score 100; 52nd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 91.2% of spending went to programs
- Governance: 5 of 7 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $287K in reported program spending
- Leadership: top reported pay $39K · 7 people listed
- Consistency: 20 of 20 current checks pass
- Schedules: 5 filed schedules · includes major donors and grants
- Filing history: 11 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: 2 filed related-organization links
- 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 — Accountability: Governance controls: 4 of 6 not reported.
- High — Sustainability: Operating margin scored 11/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
- High — Sustainability: Officer compensation ratio scored 15/100.