Dance Elite Inc
Nonprofit profile at a glance
- EIN
- 814053463
- IRS 990-EZ coverage
- 2017–2024
- Forms available
- Form 990-EZ 2024
- Location
- Vineland, NJ, USA
- Phone
- 8563623808
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $9,183
- Expenses
- $7,062
- Assets
- $7,162
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Brecken Pettit (President, Dir.)
People named in this filing
- Brecken Pettit (President, Dir.)
- Kalyn Adams (Treasurer, Dir.)
- Katie Sunday (Secretary, Dir.)
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
The organization's mission is the education and the pursuit of dance for children in a competitive team environment.
What it reported doing in 2024
In 2024, our accomplishments included:- Provided dance education competitions with awards and a few dancers won to go to nationals.
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
- Direct operator. The filing allocates 99% 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 reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 82
- Sustainability: 56
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 70.9%; rating input score 71
- Program expense ratio: 92.2%; rating input score 92
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 23.1%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 1.01; rating input score 47; 47th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 5.7% per year; rating input score 100; 64th percentile among comparable filings
- Revenue growth: 7.5% per year; rating input score 100; 77th percentile among comparable filings
- Asset growth: 3% per year; rating input score 100; 50th percentile among comparable filings
Details
- Where the money goes: 70.9% of revenue deployed · 92.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $7K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 8 filing years from 2017 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.
- Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.