Alma Flamenca

Nonprofit profile at a glance

EIN
853608854
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2021
Location
San Diego, CA, USA
Phone
6195601969
Rating confidence
Limited
Sector
Arts, Cultural Organizations - Multipurpose

Official website

Reported finances

Revenue
$22,398
Expenses
$22,398
Assets
$5,739
Liabilities
$5,739

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Lakshmi Basile (President)
  • Jeff Pekarek (Vice President)

People named in this filing

  • Lakshmi Basile (President)
  • Jeff Pekarek (Vice President)
  • Beatriz Basile (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to present the rich art form of Flamenco through teaching and performing its dance, music, and Spanish-language singing. Alma Flamenca will broaden San Diegos artistic horizon, serving as a hub in the community to share our Spanish heritage, by bringing the most talented local, national and international artists into a Flamenco ensemble. We strive to discover the innate profoundness in this art form and enrich our lives on many levels. Our goal is to make Flamenco more than just entertainment and inspire all members of the community to become a Flamenco enthusiast, especially the younger generations to fall in love with Flamenco and consider it as an artistic discipline

What it reported doing in 2024

Sucessfully demonstated educational programs to the public and the Organization's member that support the stated exempt organization's purpose of presenting the rich art form of Flamenco through teaching and performing its dance, music, and Spanish-language singing. Alma Flamenca broadens San Diegos artistic horizon, and serves as a hub in the community to share Spanish heritage, bringing the most talented local, national and international artists into a Flamenco ensemble. We discover the innate profoundness in this art form and enrich our lives on many levels. Our goal is to make Flamenco more than just entertainment and inspire all members of the community to become Flamenco enthusiasts, especially the younger generations to fall in love with Flamenco and consider it as an artistic discipline

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
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

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 34
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 0%; rating input score 45; 45th percentile among comparable filings
  • Total-asset coverage ratio: 0.26; rating input score 19; 19th percentile among comparable filings
  • Liabilities to assets ratio: 1; rating input score 5; 5th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 44% per year; rating input score 100; 96th percentile among comparable filings
  • Asset growth: -9.3% per year; rating input score 0; 18th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 4 of 4 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • 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: Asset growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 45/100.
  • High — Sustainability: Total-asset coverage ratio scored 19/100.
  • High — Sustainability: Liabilities to assets ratio scored 5/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.