Working Classroom Inc
Nonprofit profile at a glance
- EIN
- 850280287
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024
- Location
- Albuquerque, NM, USA
- Phone
- 5053012359
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $627,020
- Expenses
- $746,420
- Assets
- $518,940
- Liabilities
- $260,964
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Madalena Salazar (Executive Director)
Highest reported compensation
- Madalena Salazar (Executive Director): $79,844 total reported compensation
- Manuel Hernandez (Board Member Program Director): $59,624 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide instruction to at risk students from historically ignored communities in theater and visual arts while providing academic support to help keep them in school and encourage them to continue in higher education.
What it reported doing in 2024
Art Projects: During 2024 Working Classrooms Art Program provided instruction to 105 student artists created 4 public murals and had an installation for the Day of Dead at Working Classroom Black Box Theater attended by over 176 people. Working Classroom provided employment to 6 teaching artists and provided mural opportunities for 5 local artists.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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 some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 91
- Transparency & Controls: 86
- Accountability: 84
- Sustainability: 18
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.5%; rating input score 96
- Program expense ratio: 80.3%; rating input score 80
- Fundraising efficiency: $103,934.6 raised per $1 spent on fundraising; rating input score 100; 100th percentile among comparable filings
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 12th 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: 87.5%; rating input score 88; 21st percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -19%; rating input score 10; 10th percentile among comparable filings
- Total-asset coverage ratio: 0.7; rating input score 32; 32nd percentile among comparable filings
- Liabilities to assets ratio: 0.5; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 18.7%; rating input score 16; 16th percentile among comparable filings
Growth
- Program expense growth: 26.6% per year; rating input score 100; 88th percentile among comparable filings
- Revenue growth: 23.6% per year; rating input score 100; 89th percentile among comparable filings
- Asset growth: -5.3% per year; rating input score 0; 6th percentile among comparable filings
Details
- Where the money goes: 95.5% of revenue deployed · 80.3% of spending went to programs
- Governance: 7 of 8 board members independent · 7 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $599K in reported program spending
- Leadership: top reported pay $80K · 9 people listed
- Consistency: 41 of 42 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 2 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 — Sustainability: Operating margin scored 10/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 16/100.
- High — Sustainability: Officer compensation ratio scored 16/100.