BalletFleming Company

Nonprofit profile at a glance

EIN
454389929
IRS 990-EZ coverage
2012–2014
Forms available
Form 990-EZ 2014
Location
Philadelphia, PA, USA
Phone
2155194006
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Ballet

Reported finances

Revenue
$50,231
Expenses
$54,667
Assets
$2,357
Liabilities
$3,000

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • LUDO SCHEFFER (President)

People named in this filing

  • CHRISTOPHER FLEMING (Artistic Director)
  • LUDO SCHEFFER (President)
  • KATHI CONLEY (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 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To elicit a great appreciation for the art of ballet utilizing more current American music.

What it reported doing in 2014

Snow White - utilizing young students from a local dance school, the production enabled students to work with professional dances in a professional production.

Operating model

Revenue model
Earned-program. 67% of the money available for current operations came from fees and other program revenue.
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

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 64
  • Transparency & Controls: 100
  • Sustainability: 18
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 65.5%; rating input score 66
  • Program expense ratio: 60.2%; rating input score 60

Transparency & Controls

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

Sustainability

  • Operating margin: -8.8%; rating input score 30; 30th percentile among comparable filings
  • Total-asset coverage ratio: 0.04; rating input score 6; 6th percentile among comparable filings
  • Liabilities to assets ratio: 1.27; rating input score 5; 5th percentile among comparable filings
  • Officer compensation ratio: 0.5%; rating input score 13; 13th percentile among comparable filings

Growth

  • Program expense growth: -28.9% per year; rating input score 0; 18th percentile among comparable filings
  • Revenue growth: -16.8% per year; rating input score 0; 22nd percentile among comparable filings
  • Asset growth: -33% per year; rating input score 0; 9th percentile among comparable filings

Details

  • Where the money goes: 65.5% of revenue deployed · 60.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $33K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 3 filing years from 2012 to 2014
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 30/100.
  • High — Sustainability: Total-asset coverage ratio scored 6/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 5/100.
  • High — Sustainability: Officer compensation ratio scored 13/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.