Silver Lining Arts Foundation Inc
Nonprofit profile at a glance
- EIN
- 811449585
- IRS 990 coverage
- 2018–2024
- Forms available
- Form 990 2024, Form 990-EZ 2017
- Location
- Myrtle Beach, SC, USA
- Phone
- 8432366226
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Affiliation
- Christianity
Reported finances
- Revenue
- $592,638
- Expenses
- $528,023
- Assets
- $185,026
- Liabilities
- $57,344
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Laura N Branfuhr (President)
Highest reported compensation
- Laura N Branfuhr (President): $66,087 total reported compensation
- Whitney Neeves (Treasurer): $46,253 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
A Christ-centered performing arts center committed to excellence in dance education, superior instruction, & creating a safe environment that encourages the growth of the dancer in technique, heart, and soul.
What it reported doing in 2024
Creating a flourishing Christ-centered arts environment in SC
Operating model
- Revenue model
- Earned-program. 84% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 99% 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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 86
- Accountability: 63
- Sustainability: 37
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78%; rating input score 78
- Program expense ratio: 86.6%; rating input score 87
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 12th 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: 1 of 9 controls in place; rating input score 11
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 10.9%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 0.35; rating input score 16; 16th percentile among comparable filings
- Liabilities to assets ratio: 0.31; rating input score 24; 24th percentile among comparable filings
- Officer compensation ratio: Limited
Growth
- Program expense growth: 11.6% per year; rating input score 100; 67th percentile among comparable filings
- Revenue growth: 18.1% per year; rating input score 100; 83rd percentile among comparable filings
- Asset growth: 38.7% per year; rating input score 100; 94th percentile among comparable filings
Details
- Where the money goes: 78% of revenue deployed · 86.6% of spending went to programs
- Governance: 6 of 6 board members independent · 1 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $457K in reported program spending
- Leadership: top reported pay $66K · 8 people listed
- Consistency: 27 of 28 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors
- Filing history: 7 filing years from 2018 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.
- High — Accountability: Governance controls: 7 of 8 not reported.
- High — Sustainability: Total-asset coverage ratio scored 16/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 24/100.