Take Wing And Soar Productions Inc
Nonprofit profile at a glance
- EIN
- 141885605
- IRS 990-EZ coverage
- 2012–2014
- Forms available
- Form 990-EZ 2014
- Location
- New York, NY, USA
- Phone
- 6465122467
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Film, Video
Reported finances
- Revenue
- $51,486
- Expenses
- $50,734
- Assets
- $5,089
- Liabilities
- $6,000
Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Debra Ann Byrd (President)
People named in this filing
- David Weaver (Chairman)
- Debra Ann Byrd (President)
- Franc Perry (Secretary)
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 2014. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Take Wing And Soar Productions exists to help classical actors of color to realize their full potential. The mission of the theatre production company is to support emerging and professional classical artists of color, by fostering their artistic achievement and personal growth, by providing opportunities for career development, and by developing creative programming that fosters diversity in classical theatre. Inherent in this mission is the intent to develop an awareness of personal value, cultural pride, and social leadership practices, in the belief that this awareness will lead to concern for, participation in and improvement of society.
What it reported doing in 2014
1. TWAS Inc. produced its 2nd Annual HARLEM SHAKESPEARE FESTIVAL featuring This season's selections included 2 mainstage productions, 1 staged reading, 2 films; Shakespeare4Kids, Shakespeare on the Road Documentary; featuring related talk backs, lectures, master classes, and family fun for all. These programs gave producing opportunities to two women and was presented across Harlem at 2 venues. 2. TWAS Inc. provided 4 other grassroots theatre companies with Theatrical Support Services, including technical, administrative and creative services. These services enabled the companies to produce their theatrical productions for the stage and other special events. Take Wing And Soar Productions received a substantial amount of inkind services and materials during our most recently completed fiscal year. In fact, the amount of inkind support received equals more that half the amount of our actual cash expense outlay. When we add our.TOTAL CASH EXPENSES ($50,734) to our TOTAL INKIND SUPPORT ($62,075), we get the ORGANIZATIONS TOTAL VALUE for the year. In essence we provided services to the communities we serve in the amount of $112,809.
Operating model
- Revenue model
- Donor-supported. 78% 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. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 82
- Sustainability: 33
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 98.5%; rating input score 99
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 1.5%; rating input score 48; 48th percentile among comparable filings
- Total-asset coverage ratio: 0.1; rating input score 9; 9th percentile among comparable filings
- Liabilities to assets ratio: 1.18; rating input score 6; 6th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: -50.1% per year; rating input score 0; 10th percentile among comparable filings
- Revenue growth: -17.9% per year; rating input score 0; 21st percentile among comparable filings
- Asset growth: 8.8% per year; rating input score 100; 68th percentile among comparable filings
Details
- Where the money goes: 98.5% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $51K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2012 to 2014
- Contacts: How to reach this organization
- 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 — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 9/100.
- Moderate — Sustainability: Operating margin scored 48/100.
- High — Sustainability: Liabilities to assets ratio scored 6/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.