The Architectural Art Reclamation Fund Inc
Nonprofit profile at a glance
- EIN
- 611847071
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024, Form 990-N 2019
- Location
- New York, NY, USA
- Phone
- 2128602188
- Rating
- 54
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Museum, Museum Activities
Reported finances
- Revenue
- $170,998
- Expenses
- $12,187
- Assets
- $5,500,886
- Liabilities
- $36,681
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- EVAN BLUM (PRESIDENT)
People named in this filing
- EVAN BLUM (PRESIDENT)
- ALEX SIBERSKY (VICE PRESIDE)
- RALPH STEVENS (TREASURER)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The architectural art reclamation fund's purpose is to raise public awareness of our architectural richness and to preserve what is left of it from being wasted and not being reused. Money raised will go to the expense of running various programs of reclaiming and restoring pieces from demolition that would otherwise be destined for landfill and or destruction, not limited to but in addition to educational training aspects. Those educational aspects in part will be the training of people that want to gain and continue specialized skills related to preserving architectural art via restoration skills and replication and creation of architectural art and obtaining them from older generations with skills bound for extinction that otherwise would be lost forever. In addition, some pieces will be sold as part of a continuous fundraising drive to keep this endeavor going financially. Some pieces will be kept and used to build a collection to be displayed in an unconventional museum like setti
What it reported doing in 2024
Our primary program is the reclamation of re-useable architectural and art material to divert them from going to the landfill and give them a second life. We will be doing on the job training for individuals who previously had no skills into related trades that support this movement.
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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. 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: 16
- Transparency & Controls: 92
- Accountability: 76
- Sustainability: 90
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 2.9%; rating input score 3
- Program expense ratio: 42.9%; rating input score 43
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th 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: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 92.9%; rating input score 99; 99th percentile among comparable filings
- Total-asset coverage ratio: 451.37; rating input score 100; 100th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 48; 48th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 2.9% of revenue deployed · 42.9% of spending went to programs
- Governance: 4 of 4 board members independent · 3 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $5K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 15 of 15 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Contacts: How to reach this organization
- Related organizations: 3 filed related-organization links
- 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 3/100.
- Moderate — Financial Efficiency: Program expense ratio scored 43/100.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- Moderate — Sustainability: Liabilities to assets ratio scored 48/100.