Civic Intelligence

Artreach Inc.

990 • Fiscal year 2020 • EIN 23-2836787

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 11, 2020

1501 Cherry StPhiladelphia, PA 19102

(267) 515-6722

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

64th percentile

0.14x

Higher debt load relative to assets than 64% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

63rd percentile

0.14x

Higher debt load relative to revenue than 63% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

35th percentile

-1.3%

Higher net margin than 35% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

87th percentile

$96,769

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 17.7% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

59th percentile

11%

Faster asset growth than 59% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

72nd percentile

18%

Faster revenue growth than 72% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$547,671

Up $55,542 (+11%) from 2019

Net Assets

Down

$470,924

Down $469 (-0.1%) from 2019

Liabilities

Up

$76,747

Up $56,011 (+270%) from 2019

Revenue

Up

$545,243

Up $81,605 (+18%) from 2019

Expenses

Up

$552,225

Up $47,128 (+9.3%) from 2019

Net Income

Up

-$6,982

Up $34,477 (+83%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $620,829Liabilities 2011: $10,113Net Assets 2011: $610,7162011Assets 2012: $660,519Liabilities 2012: $9,212Net Assets 2012: $651,3072012Assets 2013: $666,721Liabilities 2013: $8,115Net Assets 2013: $658,6062013Assets 2014: $651,506Liabilities 2014: $11,905Net Assets 2014: $639,6012014Assets 2015: $571,136Liabilities 2015: $18,340Net Assets 2015: $552,7962015Assets 2016: $575,995Liabilities 2016: $12,211Net Assets 2016: $563,7842016Assets 2017: $536,402Liabilities 2017: $38,280Net Assets 2017: $498,1222017Assets 2018: $524,542Liabilities 2018: $20,993Net Assets 2018: $503,5492018Assets 2019: $492,129Liabilities 2019: $20,736Net Assets 2019: $471,3932019Assets 2020: $547,671Liabilities 2020: $76,747Net Assets 2020: $470,9242020Assets 2021: $605,816Liabilities 2021: $79,157Net Assets 2021: $526,6592021Assets 2022: $505,214Liabilities 2022: $15,035Net Assets 2022: $490,1792022Assets 2023: $955,175Liabilities 2023: $128,531Net Assets 2023: $826,6442023Assets 2024: $1,301,403Liabilities 2024: $120,201Net Assets 2024: $1,181,2022024

Highlighted filing

2020

Assets$547,671
Liabilities$76,747
Net Assets$470,924

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $631,478Expenses 2011: $581,949Net Income 2011: $49,5292011Revenue 2012: $621,079Expenses 2012: $586,770Net Income 2012: $34,3092012Revenue 2013: $373,837Expenses 2013: $402,933Net Income 2013: -$29,0962013Revenue 2014: $450,845Expenses 2014: $485,635Net Income 2014: -$34,7902014Revenue 2015: $382,683Expenses 2015: $472,846Net Income 2015: -$90,1632015Revenue 2016: $449,385Expenses 2016: $438,605Net Income 2016: $10,7802016Revenue 2017: $456,106Expenses 2017: $537,544Net Income 2017: -$81,4382017Revenue 2018: $480,174Expenses 2018: $489,596Net Income 2018: -$9,4222018Revenue 2019: $463,638Expenses 2019: $505,097Net Income 2019: -$41,4592019Revenue 2020: $545,243Expenses 2020: $552,225Net Income 2020: -$6,9822020Revenue 2021: $509,943Expenses 2021: $519,547Net Income 2021: -$9,6042021Revenue 2022: $538,068Expenses 2022: $539,964Net Income 2022: -$1,8962022Revenue 2023: $940,357Expenses 2023: $636,491Net Income 2023: $303,8662023Revenue 2024: $1,411,478Expenses 2024: $1,102,560Net Income 2024: $308,9182024

Highlighted filing

2020

Revenue$545,243
Expenses$552,225
Net Income-$6,982
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 11, 2020
Return Version
2019v5.1
Gross Receipts
$547,908
Mission and Program Overview

Mission

Art-reach creates, advocates for, and expands accessible opportunities in the arts so the full spectrum of society is served.

Art-reach creates, advocates for and expands accessible opportunities in the arts so the full spectrum of society is served.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$138,966$159,776▲ $20,810
Investments in Publicly Traded Securities$144,272$153,576▲ $9,304
Savings and Temporary Cash Investments$129,590$130,365▲ $775
Pledges and Grants Receivable$20,000$77,295▲ $57,295
Land, Buildings, and Equipment, Net$39,086$17,104▼ $21,982
Prepaid Expenses and Deferred Charges$3,833$4,303▲ $470
Accounts Receivable$14,218$3,088▼ $11,130
Total Assets$492,129$547,671▲ $55,542
Other Assets Total$2,164$2,164→ $0
Liabilities
Other Liabilities-$70,110-
Accounts Payable and Accrued Expenses$20,736$6,637▼ $14,099
Total Liabilities$20,736$76,747▲ $56,011
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$461,393$399,674▼ $61,719
Net Assets With Donor Restrictions$10,000$71,250▲ $61,250
Total Net Assets Fund Balance$471,393$470,924▼ $469
Total Liabilities and Net Assets / Fund Balance$492,129$547,671▲ $55,542

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$14,839$103,451$118,290
Equipment$1,163$27,167$28,330
Leasehold Improvements$1,102$5,398$6,500
Land$0--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
John OrrExec DirectorFT$96,769$96,769

Board Members and Trustees

NameTitle
Harvey SwedloffChair
Amanda AgatiVice Chair
Adam Weinstein MdBoard Member
Benjamin BakerBoard Member
Blake CooperBoard Member
Cheryl KauffmanBoard Member
Jody RobertsBoard Member
Kara LafleurBoard Member
Michele WoodBoard Member
Rebecca BradbeerBoard Member
Richard CouchBoard Member
Sipi Gupta EsqBoard Member
Philip HawkinsBoard Member Thru 6/30/20
Talia StinsonSecretary
Subhash VergheseTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$463,678
Program Service Revenue
$76,090
Investment Income
$3,001
Other Revenue
$2,474
All Other Contributions
$371,423
Change in Net Assets
$-6,982

Audited Revenue Reconciliation

Revenue per Audited Statements
$537,400
Revenue Not Reported on Financial Statements
$7,843
Revenue Not Reported on Form 990
$476,699
Other Revenue Adjustments
$7,843
Total Revenue per Audited Statements
$1,014,099
Total Revenue per Form 990
$545,243
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$382,246
Other Expenses$169,979
Total Fundraising Expense$134,349
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$133,366$8,570$90,192$232,128
Current Officers, Directors, Trustees, and Key Employees$40,000$40,000$20,000$100,000
Occupancy$19,313$7,587$7,587$34,487
Payroll Taxes$13,622$3,586$8,618$25,826
Other Employee Benefits$0$24,292$0$24,292
Depreciation Depletion$11,851$4,845$7,530$24,226
Fees for Services Accounting$0$22,402$0$22,402
Fees for Services Other$5,062$10,936$0$15,998
Office Expenses$1,075$10,117$422$11,614
Other Expenses$7,081$0$0$7,081
All Other Expenses$0$4,732$0$4,732
Insurance$0$2,309$0$2,309
Total Functional Expenses$271,578$146,298$134,349$552,225

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,014,568
Total Expenses per Form 990$552,225
Expenses per Audited Statements$544,382
Expenses Not Reported on Form 990$470,186
Expenses Not Reported on Financial Statements$7,843
Other Expense Adjustments$7,843
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$5,139
Fundraising Direct Expenses$2,665
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Brunch$33,210$5,139$2,665$2,474
Total Events$33,210$5,139$2,665$2,474
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Paycheck Protection Program Loan Advance$70,110
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Artreach Inc
EIN
23-2836787
Phone
2675156722
Address
1501 CHERRY ST, PHILADELPHIA, PA 19102

Signing Officer

Name
John Orr
Title
Executive Director
Phone
2675156722
Signed
2020-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Orr
Formed
1995
Legal Domicile
Pa
Voting Board Members
14
Independent Board Members
14
Employees
8
Volunteers
50

Preparer

Firm
Renzi Bernardi Suarez & Co
Address
41 Kings Highway N, Cherry Hill, NJ 08034
Preparer
Edward A Suarez CPA MBA
Phone
8568587887
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The 990 is reviewed by the executive director and the treasurer before filing. It is then shared with the full board.

Pt VI, Line 12C

Artreach has an annual affirmation process and form whereby each board member confirms yearly that they have read and understood the conflict of interest policy.

Pt VI, Line 15A

Staff salaries are reviewed annually as part of the budgeting process and in keeping with the performance review policies. Salaries are compared to equivalent positions within similar-size organizations as determined by independent research conducted for the sector.

Pt VI, Line 15B

See answer to part vi, line 15a

Pt VI, Line 18

The 990 is available on guidestar.org

Pt VI, Line 19

Financial statements are made available to the public through websites like guidestar and through participation in the pennsylvania cultural data project. Governing documents and policies are made available upon request.

Financial Statement Notes

Pt III, Line 1A

Management hs reviewed tax positions taken in filings with federal and state jurisdictions and believes those positions would be sustainded should the filings be examined by the relevant tax authority. These tax filings are subject to examination generally for three years after they are filed.

Pt XI, Line 4B

In facility performances were shown on the audited financial statements at net. For 990 purposes, this is shown as separated revenues and expenses.

Pt XII, Line 4B

In facility performances were shown on the audited financial statements at net. For 990 purposes, this is shown as separated revenues and expenses.

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IRS990/OtherExpensesGrp/TotalAmt17843
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IRS990/PYContributionsGrantsAmt0353918
IRS990/PYExcessBenefitTransInd0false
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IRS990/PYOtherRevenueAmt03269
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IRS990/PYTotalExpensesAmt0505097
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IRS990/ReconcilationRevenueExpnssAmt0-6982
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0311611
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0326423
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02513
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt076090
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0104477
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0110894
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt082740
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02471
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02513
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IRS990ScheduleA/InvestmentIncomeCYPct00.00540
IRS990ScheduleA/InvestmentIncomePYPct00.00610
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearAmt02474
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus1YearAmt03269

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.30$0.12$1.18$1.41$1.10$0.31
2023Detailed filing. Detailed filing data is available for this year.$0.96$0.13$0.83$0.94$0.64$0.30
2022Detailed filing. Detailed filing data is available for this year.$0.51$0.02$0.49$0.54$0.54$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.61$0.08$0.53$0.51$0.52$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.55$0.08$0.47$0.55$0.55$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.49$0.02$0.47$0.46$0.51$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.52$0.02$0.50$0.48$0.49$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.54$0.04$0.50$0.46$0.54$0.08
2016Summary only. Only limited summary data is available for this year.$0.58$0.01$0.56$0.45$0.44$0.01
2015Summary only. Only limited summary data is available for this year.$0.57$0.02$0.55$0.38$0.47$0.09
2014Summary only. Only limited summary data is available for this year.$0.65$0.01$0.64$0.45$0.49$0.03
2013Summary only. Only limited summary data is available for this year.$0.67$0.01$0.66$0.37$0.40$0.03
2012Summary only. Only limited summary data is available for this year.$0.66$0.01$0.65$0.62$0.59$0.03
2011Summary only. Only limited summary data is available for this year.$0.62$0.01$0.61$0.63$0.58$0.05