Society for the Preservation of the Arts and Crafts of Mankind Inc

Nonprofit profile at a glance

EIN
133074362
IRS 990 coverage
2011–2017
Forms available
Form 990 2017
Location
Massapequa, NY, USA
Phone
5166592397
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Folk Arts

Reported finances

Revenue
$1,350
Expenses
$1,122
Assets
$14,035
Liabilities
$20,055

Source: IRS Form 990. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

2 people listed

People named in this filing

  • ALBERT SASSON (TRUSTEE)
  • DIANA SASSON (TRUSTEE)

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 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Educational: preservation of entrepreneurship, culture gems, art, music, recordings, american square dance, local sports teams tradition of prior generations

What it reported doing in 2017

Management services to small non-profit organizations: active ..community athletic teams (active) ..themis society (incest victim group) now dissolved ..share computrzd 990 preparation (active)....adm. Alloc....................... Community service- make recordings of older generations' broadway shows, films and give to homebound elderly, and or/ create interest in younger generations to view, hear and attend art forms, ( eg gilbert & sullivan operettas)give temporary free office space to entrpreneurs to launch their ventures re murdock in nycattend scouting & ice hockey events to support community enrollment drive -donated funds for uniforms; guidance to get more press exposure.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

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 some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 82
  • Accountability: 76
  • Sustainability: 63
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 96.3%; rating input score 96
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 15th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • 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: 16.9%; rating input score 73; 73rd percentile among comparable filings
  • Total-asset coverage ratio: 12.51; rating input score 71; 71st percentile among comparable filings
  • Liabilities to assets ratio: 1.43; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 61; 61st percentile among comparable filings

Growth

  • Program expense growth: -39.4% per year; rating input score 0; 13th percentile among comparable filings
  • Revenue growth: -8.8% per year; rating input score 0; 38th percentile among comparable filings
  • Asset growth: -1.6% per year; rating input score 0; 39th percentile among comparable filings

Details

  • Where the money goes: 96.3% of revenue deployed · 100% of spending went to programs
  • Governance: 2 of 2 board members independent · 3 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $1K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 13 of 14 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules
  • Filing history: 7 filing years from 2011 to 2017
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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.

  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • Moderate — Transparency & Controls: Series program expenses within total did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.