Vsa Arts of Georgia Inc

Nonprofit profile at a glance

EIN
581300740
IRS 990-EZ coverage
2017–2018
Forms available
Form 990 2016, Form 990-EZ 2018
Location
Atlanta, GA, USA
Phone
4042211270
Rating
61
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Media, Communications Organizations

Reported finances

Revenue
$4,000
Expenses
$13,642
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

1 person listed

People named in this filing

  • MARK KARELSON (Chairman)

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 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

VSA arts of Georgia provides access to the arts for people with disabilities and those with low income. During the year ended June 30, 2018, the Organization discontinued services and transferred substantially all assets to Georgia Community Support and Solutions, Inc. (a 501c3) to continue with the community events program.

What it reported doing in 2018

During the year ended June 30, 2019, the Organization dissolved and transfered all of the assets to Georgia Community Support and Solutions, Inc. (a 501c3) to continue with the community events program.

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
Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 62
  • Transparency & Controls: 75
  • Sustainability: 9
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 2nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -241%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -25% per year; rating input score 0; 12th percentile among comparable filings
  • Asset growth: -26.1% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 1 people listed
  • Consistency: 4 of 4 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2017 to 2018
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • 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.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 4/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.