The Literary Affairs Medici Foundation
Nonprofit profile at a glance
- EIN
- 812268337
- IRS 990-EZ coverage
- 2016–2016
- Forms available
- Form 990-EZ 2016
- Location
- Beverly Hills, CA, USA
- Phone
- 3106070003
- Rating
- 43
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Humanities Organizations
Reported finances
- Revenue
- $29,499
- Expenses
- $15,426
- Assets
- $15,633
- Liabilities
- $1,560
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- JULIE ROBINSON (CHAIRMAN OF THE BOARD/PRESIDENT)
People named in this filing
- JULIE ROBINSON (CHAIRMAN OF THE BOARD/PRESIDENT)
- JOHN KUSMIERSKY (TREASURER)
- LINLEIGH RICHKER (BOARD MEMBER)
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 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To create and support literary programs that foster empathy and explore the human experience.
What it reported doing in 2016
Making books available, increasing reading proficiency and developing critical thinking and leadership skills, so that at-risk youth in under-served communities can improve their educational and professional potential leading to a better quality of life.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. 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: 0
- Transparency & Controls: 100
- Sustainability: 67
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
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: 47.7%; rating input score 92; 92nd percentile among comparable filings
- Total-asset coverage ratio: 1.01; rating input score 48; 48th percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 24; 24th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 4 filed schedules
- 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 — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
- High — Sustainability: Liabilities to assets ratio scored 24/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.