Silver Spring Town Center Inc
Nonprofit profile at a glance
- EIN
- 300306972
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990 2020, Form 990-EZ 2024, Form 990-N 2012
- Location
- Silver Spring, MD, USA
- Phone
- 2405958818
- Rating
- 59
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $158,149
- Expenses
- $151,295
- Assets
- $10,378
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Jonathon Gunn (President)
- Djanira (Vice President)
- Lisa Martin (Executive Director)
People named in this filing
- Jonathon Gunn (President)
- Djanira (Vice President)
- Lisa Martin (Executive 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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
SSTCi educates, entertains, and inspires residents of all ages by activating public spaces with arts and cultural events that embrace the Silver Spring, Maryland region's diversity and build community connections.
What it reported doing in 2024
The organization successfully organized various virtual community art and cultural events that embraced the region's diversity and build community connections. SSTCi has successful educates, entertains, and inspires residents of all ages by conducting virtual arts and cultural events that embrace the region's diversity and build community connections.
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
MIXED - The filed numbers largely add up and program spending has grown recently. 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: 25
- Transparency & Controls: 100
- Sustainability: 34
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 24.7%; rating input score 25
- Program expense ratio: 25.8%; rating input score 26
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 4.3%; rating input score 46; 46th percentile among comparable filings
- Total-asset coverage ratio: 0.07; rating input score 9; 9th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 49.6%; rating input score 4; 4th percentile among comparable filings
Growth
- Program expense growth: 9% per year; rating input score 100; 59th percentile among comparable filings
- Revenue growth: 4.5% per year; rating input score 100; 45th percentile among comparable filings
- Asset growth: 17.9% per year; rating input score 100; 78th percentile among comparable filings
Details
- Where the money goes: 24.7% of revenue deployed · 25.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $39K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Financial Efficiency: Mission deployment rate scored 25/100.
- High — Financial Efficiency: Program expense ratio scored 26/100.
- High — Sustainability: Total-asset coverage ratio scored 9/100.
- Moderate — Sustainability: Operating margin scored 46/100.
- High — Sustainability: Officer compensation ratio scored 4/100.