The Cape May Forum-chautauqua At
Nonprofit profile at a glance
- EIN
- 208418436
- IRS 990-EZ coverage
- 2010–2012
- Forms available
- Form 990-EZ 2012
- Location
- Cape May, NJ, USA
- Phone
- 6097702626
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Performing Arts Organizations
Reported finances
- Revenue
- $55,953
- Expenses
- $70,651
- Assets
- $755
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.
Leadership & pay
13 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide a forum whereby artists, experts, programs and/or events are presented to: 1. Further enhance the life experience of residents and visitors of the greater cape may, nj community; and 2. Attract a wider range of tourists as well as extend the tourist season through integrating and strengthening the existing cultural, artistic, educational and recreational aspects of this community.
What it reported doing in 2012
Provided a forum where artists, lecturers and educators enhanced the life experience of residents and visitors of the greater cape may, nj community. Multiple public events sponsored throughout the summer tourist season.
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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 93
- Transparency & Controls: 100
- Sustainability: 9
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 82.3%; rating input score 82
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -26.3%; rating input score 18; 18th percentile among comparable filings
- Total-asset coverage ratio: 0.01; rating input score 3; 3rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: 18.3% per year; rating input score 100; 75th percentile among comparable filings
- Revenue growth: 0.1% per year; rating input score 100; 55th percentile among comparable filings
- Asset growth: -91.9% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 82.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $58K in reported program spending
- Leadership: top reported pay $10K · 13 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2010 to 2012
- Money network: 1 filed money-flow record
- 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 — Sustainability: Operating margin scored 18/100.
- High — Sustainability: Total-asset coverage ratio scored 3/100.
- High — Growth: Asset growth scored 0/100.