Academy Dance Company Inc

Nonprofit profile at a glance

EIN: 582196387
IRS 990-EZ coverage: 2015–2017
Forms available: Form 990-EZ 2017
Location: Marietta, GA, USA
Phone: 7705788272
Rating: 90
Verdict: STRONG
Rating confidence: Moderate
Sector: Performing Arts Schools

Reported finances

Revenue: $62,055
Expenses: $58,092
Assets: $19,686
Liabilities: $0

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

Alicia Kramer (President)

People named in this filing

Marsha Newton (Director)
Alicia Kramer (President)
Shannon Bond (Treasurer)

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 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Community Dance Organization

What it reported doing in 2017

Provide advanced instruction in the art of dance and present community performances

Operating model

Revenue model: Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

Financial Efficiency: 100
Transparency & Controls: 82
Sustainability: 43
Growth: 100

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 99.6%; rating input score 100
Program expense ratio: 100%; rating input score 100

Transparency & Controls

Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: 6.4%; rating input score 58; 58th percentile among comparable filings
Total-asset coverage ratio: 0.34; rating input score 23; 23rd percentile among comparable filings
Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
Officer compensation ratio: 31.9%; rating input score 6; 6th percentile among comparable filings

Growth

Program expense growth: 5.8% per year; rating input score 100; 65th percentile among comparable filings
Revenue growth: 3% per year; rating input score 100; 65th percentile among comparable filings
Asset growth: 24% per year; rating input score 100; 88th percentile among comparable filings

Details

Where the money goes: 99.6% of revenue deployed · 100% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $62K in reported program spending
Leadership: top reported pay $0 · 3 people listed
Consistency: 8 of 9 current checks pass · 1 finding to review
Schedules: 2 filed schedules
Filing history: 3 filing years from 2015 to 2017
Contacts: How to reach this organization
Money network: 1 filed money-flow record
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 — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
High — Sustainability: Total-asset coverage ratio scored 23/100.
Review — Sustainability: Operating margin scored 58/100.
High — Sustainability: Officer compensation ratio scored 6/100.
High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.