Safeart INC EIN 75-3210110 Form 990 (PDF) Claim this org

Safeart INC FY2023 filing

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Heals trauma and promotes wellness through creative expression and community connection. For fiscal year 2023 it reported $250K in revenue, $232K in expenses, and $185K in net assets.Pt I

Founded
2006
Type
Public charity (501(c)(3)) · Human Services
Location
Chelsea, VT
Website
www.safeart.org
Filings
6 on file (2020–2023)
Revenue
$250KFY2023
Expenses
$232K
Net assets
$185K
People
8
Filings
6
Updates
0
More identity details & actions ⌄
EIN  75-3210110 Public charity (501(c)(3)) Chelsea, VT Founded 2006
Form 990 (PDF)
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Size
$100K–1M
What they do
Heals trauma and promotes wellness through creative expression and community connection.
Leadership
Ornella Matta-Figueroa · Co-Director Programs · $53K
Money in and out
$250K revenue, $232K expenses
Bottom line
77% program efficiency
Where the money goes · FY2023
Total revenue
$250K
Pt VIII · Ln 12
Total expenses
$232K
Pt IX · Ln 25
Net assets
$185K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $17K
Where spending went · Part IX cols B–D
Program services $0.77 Management & general $0.14 Fundraising $0.10
Program efficiency
77%
of spending reaches programs
Operating runway
10.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+7%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$250K
FY2023▲ +19%
Expenses
$232K
FY2023▲ +8%
Total assets
$188K
FY2023▲ +10%
Total liabilities
$4K
FY2023▲ +3%
Total revenue
$250K
Pt VIII · Ln 12
Total expenses
$232K
Pt IX · Ln 25
Net assets
$185K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$17K
Total assetsPt X · Ln 16$188K
Program-expense ratioPt IX · col B77%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

3 program services account for $178K of program spending, described in the organization's own filed words · FY2023.
01

The Youth Wellbeing Project was launched in 2018. It involves weekly classroom residencies at multiple schools, restorative justice individual sessions, after school programs, youth conference workshops, and summer camp residencies reaching youth across the state.

$114Kprogram expense
02

The Healing Arts for Women Program is in its 15th year. We have changed the format of the program over the years to respond to the needs of the community but it always has the goal of providing an opportunity for women to utilize the power of their creativity through the expressive arts to process trauma and life experiences, be it…

$63Kprogram expense
03

SafeArt facilitates trauma-informed expressive arts workshops, presentations and trainings for professionals in the field, as well as community members.

$652program expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSafeart INC
EINHdr · item D75-3210110
Principal addressHdr · item CChelsea, VT
WebsiteHdr · item Jwww.safeart.org
Year of formationHdr · item L2006
State of legal domicileHdr · item MVT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P50)
Ruling yearIRS BMFNov 2010

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Co-Director Programs
$52,960Pt VII · Sec A
Co-Director Operations
$52,120Pt VII · Sec A
$0Pt VII · Sec A
Co-Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Cleopatra Griffin$58,000
Cleopatra Griffin$58,000$52,120$52,760$52,000$35,600
Ornella Matta-Figueroa$52,960$52,640$52,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$236K · 95%
Program service revenue$13K · 5%
Contributions & grants95%$236K
Program service revenue5%$13K
Investment income$302
Total revenueLn 12$250K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.77 Management & general $0.14 Fundraising $0.10
Program services77%$178K
Management & general14%$32K
Fundraising10%$22K
Total functional expensesLn 25$232K

Balance Sheet

Part X · end of year
CashLn 1$188K
Total assetsLn 16$188K
Total liabilitiesLn 26$4K
Total net assetsLn 32$185K
Months of cash on handcomputed9.7

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $188K · Operating expenses (Pt IX) $232K · Less non-cash grants $12K · Cash operating expenses/yr $220K
10.3 months
Where the money goes
Program services
Program services $178K · Total expenses $232K
77%
Management & General
Management & general $32K · Total expenses $232K
14%
Fundraising
Fundraising $22K · Total expenses $232K
10%
Cost to raise $1
Fundraising expense (2-yr avg) $22K · Solicited contributions (2-yr avg) $218K
$0.10 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $236K · Total revenue $250K
95%
Government reliance
Government grants $0 · Total revenue $250K
0%
Earned-income share
Program service revenue $13K · Total revenue $250K
5%
Investment reliance
Investment income $302 · Total revenue $250K
+0.1%
Program self-sufficiency
Program service revenue $13K · Total expenses $232K
6%
Growth & trend
Revenue growth (YoY)
This year $250K · Prior year $209K
+19%
Net-asset trend (YoY)
End of year $185K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $250K · Expenses $232K
+7%
Liabilities-to-Assets
Total liabilities — · Total assets $188K
Net-asset ratio
Net assets $185K · Total assets $188K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $188K
0%
People & payroll
Highest Reported Total Compensation
Individual Ornella Matta-Figueroa · Reported title Co-Director Programs · Highest reported compensation $53K · Total expenses $232K
23%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $173K · Total expenses $232K
75%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 77%
Overhead ratio 14%
Fundraising cost ratio 9%
Revenue growth 19%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 4 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$177K revenue · ⤓ 990 PDF
FY2024$194K revenue · ⤓ 990 PDF
FY2023$250K revenue · viewing · ⤓ 990 PDF
FY2022$209K revenue · ⤓ 990 PDF
FY2021$186K revenue · ⤓ 990 PDF
FY2020$206K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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