Transformative Culture Project Inc F/k/a Press Pass Tv Inc

Nonprofit profile at a glance

EIN
800214659
IRS 990 coverage
2013–2024
Forms available
Form 990 2024
Location
Dorchester, MA, USA
Phone
6172884917
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Film, Video

Reported finances

Revenue
$436,564
Expenses
$247,787
Assets
$335,767
Liabilities
$4,850

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • LETIA LAROK KNIGHT (EXECUTIVE DIRECTOR)
  • STANLEY DOMINIQUE (VICE PRESIDENT)
  • BRANDON WASHINGTON (PRESIDENT)

Highest reported compensation

  • LETIA LAROK KNIGHT (EXECUTIVE DIRECTOR): $82,503 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Transformative culture project works with classrooms and communities to create new opportunities for artists to build economic and social power through their art. In a nutshell, we do three things: -our beyond creative program supports career development for a new generation of media makers. -our creative classrooms are connecting kids from kindergarten to college to their own definitions of academic success. -through our growing creative community, we're supporting artists with employment opportunities, professional development and co-working space to make a living at the life they love.

What it reported doing in 2024

Our beyond creative program is a full-service media agency through which youth participate in paid, career-oriented training. In addition to technical, artistic, and career training, youth receive holistic wrap-around supports to build resilience from their often traumatic experiences. Adult producers are trained in positive youth development and mentor youth through as they proceed through their training. In addition, our creative classrooms programs offers paid mentoring opportunities to adult artists and producers in our network who are able to design original curriculum and be paid as teaching artists in our school programs. Youth are able to gain employment, education and social empowerment through their participation in the program. Through beyond creative we've been able to launch a collaboration during summer programming between tcp and northeastern university bringing together faculty and students, offering modules from recording, music production and storytelling.we were also able to hold a 5 day music production intensive in april which focused on the basic techniques for making music, learning how to use digital audio workstations, recording, songwriting and teaching students the power of using their voice through the arts. Our youth-serving work would not be possible without our talented village of adult artists and innovators. In order to ensure they have the tools they need to be successful, we are supporting these adults with mentoring, coaching, and employment opportunities. In addition, we continue to provide administrative support and coaching to innovative programs connected to our mission.

Operating model

Revenue model
Donor-supported. 77% 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

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 61
  • Transparency & Controls: 92
  • Accountability: 79
  • Sustainability: 62
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 46.6%; rating input score 47
  • Program expense ratio: 82%; rating input score 82
  • Fundraising efficiency: $37.06 raised per $1 spent on fundraising; rating input score 71; 71st percentile among comparable filings

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: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • 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: 43.2%; rating input score 89; 89th percentile among comparable filings
  • Total-asset coverage ratio: 1.36; rating input score 49; 49th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 43; 43rd percentile among comparable filings
  • Officer compensation ratio: 33.3%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: -1.8% per year; rating input score 0; 24th percentile among comparable filings
  • Revenue growth: 3.5% per year; rating input score 100; 44th percentile among comparable filings
  • Asset growth: 8.5% per year; rating input score 100; 61st percentile among comparable filings

Details

  • Where the money goes: 46.6% of revenue deployed · 82% of spending went to programs
  • Governance: 6 of 6 board members independent · 4 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $203K in reported program spending
  • Leadership: top reported pay $83K · 7 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 6 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 47/100.
  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 43/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.