Footworks Youth Ballet Inc
Nonprofit profile at a glance
- EIN
- 800071020
- IRS 990-EZ coverage
- 2014–2024
- Forms available
- Form 990-EZ 2024
- Location
- Ventura, CA, USA
- Phone
- 8056761600
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $140,037
- Expenses
- $122,902
- Assets
- $159,231
- Liabilities
- $21,693
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Kirsten Oakley Ragsdale (President)
People named in this filing
- John Light (Director)
- Steve Murillo (Director)
- David Ragsdale (Director)
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
Footwork Youth Ballet's purpose is to provide educational opportunities to youngpeople in the art of ballet. More specifically, the mission of Footworks YouthBallet is to develop and enhance every student's love and appreciation for the artof ballet; to do so by offering all students an opportunity to perform live ballet.
What it reported doing in 2024
To develop and enhance every student's love and appreciation for the art of ballet; to do so by offering all students an opportunity to perform live ballet.
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 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 82
- Sustainability: 59
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.9%; rating input score 70
- Program expense ratio: 79.6%; rating input score 80
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 12.2%; rating input score 62; 62nd percentile among comparable filings
- Total-asset coverage ratio: 1.3; rating input score 68; 68th percentile among comparable filings
- Liabilities to assets ratio: 0.14; rating input score 22; 22nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -0.9% per year; rating input score 0; 27th percentile among comparable filings
- Revenue growth: 2% per year; rating input score 100; 31st percentile among comparable filings
- Asset growth: 12% per year; rating input score 100; 66th percentile among comparable filings
Details
- Where the money goes: 69.9% of revenue deployed · 79.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $98K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 10 filing years from 2014 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: Program expense growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 22/100.