Ballet Folklorico Tapatio
Nonprofit profile at a glance
- EIN
- 861002717
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2012
- Location
- Tucson, AZ, USA
- Phone
- 5206220231
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $114,682
- Expenses
- $109,153
- Assets
- $14,642
- Liabilities
- $20,481
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- JOSE LUIS BACA (PRESIDENT)
People named in this filing
- CRYSTIAN DUARTE (BOARD MEMBER)
- JIMENA DUARTE BACA (BOARD MEMBER)
- MARISA GALLEGOS (BOARD MEMBER)
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
To provide a healthy, safe and inspirational environment in which children and young adults are given the opportunity to learn about mexican culture and history through traditional regional dances.
What it reported doing in 2024
Ballet folklorico tapatio offers 6 different levels of dance classes to students of all ages from 2 years old to adults. In 2024, there were over 150 dancers. The goal is to provide a healthy, safe and inspirational environment in which dancers are given the opportunity to learn about mexican culture and history through traditional regional dances. Ballet folklorico tapatio provides an avenue in which students can develop pride, self confidence and self esteem, while encouraging them to work within the community for positive change. The discipline we demand within our group is the discipline that prepares our youth for their education pursuits as well as the workforce. Tapatio is also proud to celebrate 27 years of mexican tradition.
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. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 93
- Transparency & Controls: 82
- Sustainability: 29
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 91.4%; rating input score 91
- Program expense ratio: 96.1%; rating input score 96
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 4.8%; rating input score 47; 47th percentile among comparable filings
- Total-asset coverage ratio: 0.13; rating input score 14; 14th percentile among comparable filings
- Liabilities to assets ratio: 1.4; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 19.9%; rating input score 16; 16th percentile among comparable filings
Growth
- Program expense growth: 31% per year; rating input score 100; 84th percentile among comparable filings
- Revenue growth: 31.2% per year; rating input score 100; 91st percentile among comparable filings
- Asset growth: 24.9% per year; rating input score 100; 84th percentile among comparable filings
Details
- Where the money goes: 91.4% of revenue deployed · 96.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $105K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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: Total-asset coverage ratio scored 14/100.
- Moderate — Sustainability: Operating margin scored 47/100.
- High — Sustainability: Liabilities to assets ratio scored 4/100.
- High — Sustainability: Officer compensation ratio scored 16/100.