Michael J Redmond Memorial Dance Scholarship

Nonprofit profile at a glance

EIN
932729472
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025
Location
Friendswood, TX, USA
Phone
7135429464
Rating
34
Verdict
REVIEW
Rating confidence
Limited
Sector
Educational Services and Schools - Other

Reported finances

Revenue
$2,111
Expenses
$0
Assets
$5,784
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Chasless Yancy (President)

People named in this filing

  • Chasless Yancy (President)
  • Amanda McClain (Secretary)
  • Carliss Chatman (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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The MJRMDS's mission is to provide scholarships to underprivileged and underrepresented dancers and to provide education resource support to underrepresented dance studios throughout the Greater Houston area.

What it reported doing in 2025

The MJRMDS is still in the fundraising and development stages so that we can begin giving scholarships during the calendar year 2026. Further campaigns are scheduled for the 2026 tax year.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 8
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: Limited

Transparency & Controls

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

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: -24.6% per year; rating input score 0; 13th percentile among comparable filings
  • Asset growth: 44.6% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • 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 — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Growth: Revenue growth scored 0/100.