The Chronicles Group Inc
Nonprofit profile at a glance
- EIN
- 954650754
- IRS 990-EZ coverage
- 2013–2021
- Forms available
- Form 990-EZ 2021
- Location
- Redondo Beach, CA, USA
- Phone
- 3105210303
- Rating
- 94
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Historical Societies, Related Historical Activities
Reported finances
- Revenue
- $163,604
- Expenses
- $144,198
- Assets
- $156,582
- Liabilities
- $71,150
Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- JAMES THEBAUT (President & CEO)
People named in this filing
- JAMES THEBAUT (President & CEO)
- ANDREW SILBER (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-EZ. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote worldwide education and change with motion pictures.
What it reported doing in 2021
The organization is creating film documentaries that can be used as tools in educational institutions as well as aired on public media, to raise public awareness on various issues. Promoted organization documentaries via conferences supporting causes primarily regarding water shortages and global warming
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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: 92
- Transparency & Controls: 100
- Sustainability: 50
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.6%; rating input score 88
- Program expense ratio: 99.4%; rating input score 99
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: 11.9%; rating input score 51; 51st percentile among comparable filings
- Total-asset coverage ratio: 1.09; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: 0.45; rating input score 12; 12th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings
Growth
- Program expense growth: 6% per year; rating input score 100; 57th percentile among comparable filings
- Revenue growth: 8.4% per year; rating input score 100; 66th percentile among comparable filings
- Asset growth: 18.9% per year; rating input score 100; 72nd percentile among comparable filings
Details
- Where the money goes: 87.6% of revenue deployed · 99.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $143K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 4 filed schedules
- Filing history: 9 filing years from 2013 to 2021
- Contacts: How to reach this organization
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Review — Sustainability: Operating margin scored 51/100.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- High — Sustainability: Liabilities to assets ratio scored 12/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.
- High — Grant Readiness: California registration: this organization is not authorized to operate as a charity in California.