Rowland Arts Center
Nonprofit profile at a glance
- EIN
- 815011439
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024
- Location
- Winchester, KY, USA
- Phone
- 8595950268
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $127,747
- Expenses
- $192,210
- Assets
- $345,834
- Liabilities
- $240,332
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- JOSEPH MILLER (PRESIDENT)
People named in this filing
- JOSEPH MILLER (PRESIDENT)
- ZAC COWAN (PROGRAM DIRE)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Through the rowland arts center, our mission is to encourage the young people in our community to dream big and to equip them with the education, resources, and skills they need to be successful in middle and high school and life beyond. A key component of the rac is the development of transformational relationships. Our team which is primarily made of volunteers who are passionate about raising up the young people in our community - will invest their time and energy as mentors, seeking first to offer an environment of safety and trust, then working intentionally to have meaningful conversations with the students. Through these relationships, our mentors will identify areas of need for the students physical, emotional, academic, etc. And work to develop plans and/or programs to help meet these needs. Our volunteers are caring adults who come from a variety of backgrounds and experiences (i.e. Teachers, counselors, musicians, pastors, etc.) who desire to see positive, tangible change in
What it reported doing in 2024
Mentors and meals - partner with high school students with at-risk 6th and 7th grade students to provide tutoring and a hot meal.
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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 97
- Transparency & Controls: 82
- Sustainability: 32
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 92.5%; rating input score 93
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -50.5%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 1.8; rating input score 77; 77th percentile among comparable filings
- Liabilities to assets ratio: 0.69; rating input score 8; 8th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 32.7% per year; rating input score 100; 85th percentile among comparable filings
- Revenue growth: 0.7% per year; rating input score 100; 24th percentile among comparable filings
- Asset growth: 15.8% per year; rating input score 100; 74th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 92.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $178K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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 — Sustainability: Operating margin scored 2/100.
- High — Sustainability: Liabilities to assets ratio scored 8/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.