Olympia Area Square Dancers Inc

Nonprofit profile at a glance

EIN
900422654
IRS 990-EZ coverage
2024–2024
Forms available
Form 990-EZ 2024, Form 990-N 2023
Location
Olympia, WA, USA
Phone
3603576141
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$70,340
Expenses
$101,778
Assets
$292,584
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • ERIC METSCH (PRESIDENT)
  • BOB KNUDSON (VICE PRESIDENT)

People named in this filing

  • ERIC METSCH (PRESIDENT)
  • BOB KNUDSON (VICE PRESIDENT)
  • MARC DENNISTON (SECRETARY)

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 primary purpose is to sponsor, supervise and promote a program of square and round dancing in Olympia and adjacent areas for educational, social and recreational purposes. Answer to question 28 for the Program Service Accomplishments: The organization provided square dancing instruction to over 200 community members through a structured series of lessons. service donations from members supported the expenses for instructor fees, facility rental, instructional materials, and related program costs. These activities furthered the Association's exempt purpose by promoting community recreation, social engagement, and preservation of traditional square dancing. The expenses are $36,821 in this fiscal year.

What it reported doing in 2024

The Association provided square dancing instruction to over 200 community members through a structured series of lessons. Program service donations from members supported the expenses for instructor fees, facility rental, instructional materials, and related program costs. These activities furthered the Association's exempt purpose by promoting community recreation, social engagement, and preservation of traditional square dancing.

Operating model

Revenue model
Donor-supported. 76% 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

SUPPORTED - 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: 47
  • Transparency & Controls: 100
  • Sustainability: 43
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 52.5%; rating input score 53
  • Program expense ratio: 36.2%; rating input score 36

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: -44.7%; rating input score 14; 14th percentile among comparable filings
  • Total-asset coverage ratio: 2.87; rating input score 74; 74th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 52.5% of revenue deployed · 36.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $37K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 53/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 36/100.
  • High — Sustainability: Operating margin scored 14/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.