Kd Entertainment
Nonprofit profile at a glance
- EIN
- 850831527
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2020
- Location
- Norfolk, VA, USA
- Rating
- 55
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Performing Arts Centers
Reported finances
- Revenue
- $70,694
- Expenses
- $75,655
- Assets
- $0
- Liabilities
- $4,961
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- Frederick Dixon (Executive Director)
People named in this filing
- Frederick Dixon (Executive Director)
- Warren Mitchell (Writer and Technician)
- Keshawn Everette (Percussion Instructor)
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 nonprofits mission is to empower students to thrive as artists and foster meaningful connections. We offer a range of musical and dance classes catering to students of all ages from 9 to 87 years old. In addition to our regular classes we actively engage with the community by participating in parades and various local events. Each year we host a summer camp that not only provides artistic instruction but also emphasizes discipline and unity among participants. This holistic approach to arts education enables us to enrich the lives of our students and contribute positively to the community.
What it reported doing in 2024
Stop the Violence. Drums Up Guns Down. Students perform as special guest at an annual local stop the violence gun drive which is hosted for the community to share awareness about gun violence in the community.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 28
- Transparency & Controls: 100
- Sustainability: 23
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 28.7%; rating input score 29
- Program expense ratio: 26.8%; rating input score 27
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -7%; rating input score 34; 34th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd 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: -61.9% per year; rating input score 0; 6th percentile among comparable filings
- Revenue growth: -13.1% per year; rating input score 0; 20th percentile among comparable filings
- Asset growth: -147.9% per year; rating input score 0; 1st percentile among comparable filings
Details
- Where the money goes: 28.7% of revenue deployed · 26.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $20K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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 — Financial Efficiency: Mission deployment rate scored 29/100.
- High — Financial Efficiency: Program expense ratio scored 27/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 34/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.