The Fortnightly Dances C/o Kelly S Kurschner

Nonprofit profile at a glance

EIN
363252380
IRS 990-EZ coverage
2011–2019
Forms available
Form 990-EZ 2019
Location
Wilmette, IL, USA
Phone
7732511485
Rating
86
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$86,564
Expenses
$75,084
Assets
$76,695
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

12 people listed

People named in this filing

  • LISA O'ROURKE (CO-CHAIR)
  • LIZ RYAN (CO-CHAIR)
  • SARAH SPECKETER (CO-CHAIR)

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 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide subscription dances for boys and girls. The purpose of the dances is to provideyoung people in the chicago area an opportunity to meet in a formal social setting.

What it reported doing in 2019

The fortnightly dances provides subscription dances for boys and girls. The purpose of the dances is to provide young people in the chicago area an opportunity to meet in a formal social setting. During fiscal year 2020, we served over 465 students throughout chicagoland.

Operating model

Revenue model
Earned-program. 97% of the money available for current operations came from fees and other program revenue.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Assets have declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 92
  • Transparency & Controls: 82
  • Sustainability: 60
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.7%; rating input score 87
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

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

Sustainability

  • Operating margin: 13.3%; rating input score 66; 66th percentile among comparable filings
  • Total-asset coverage ratio: 1.02; rating input score 46; 46th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 1% per year; rating input score 100; 56th percentile among comparable filings
  • Revenue growth: 1% per year; rating input score 100; 61st percentile among comparable filings
  • Asset growth: -2.5% per year; rating input score 0; 32nd percentile among comparable filings

Details

  • Where the money goes: 86.7% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $75K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 9 filing years from 2011 to 2019
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.