Trip Dance Company
Nonprofit profile at a glance
- EIN
- 201894215
- IRS 990-EZ coverage
- 2015–2022
- Forms available
- Form 990-EZ 2022
- Location
- Stowe, VT, USA
- Phone
- 8022536922
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $60,527
- Expenses
- $74,982
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- JENNIFER LAJOIE (PRESIDENT)
People named in this filing
- CRISTINA PELLECHIO (VICE PRESIDE)
- JENNIFER LAJOIE (PRESIDENT)
- BRIDGET COURTEMANCHE (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 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
T.r.i.p. Stands for technique, rehearse, implement, and perform, four empowering words important for the development and modeling of dance skills. T.r.i.p. Offers young dancers from lamoille valley and beyond the opportunity to master dance skills in the areas of ballet, jazz, modern dance, tap, and hip-hop. T.r.i.p. Dancers perform at local community events, take classes with nationally recognized teachers at local weekend intensives, and attend conventions and competitions organized by dance masters from New York to California. T.r.i.p. Is deeply committed to making dance accessible to all qualified children regardless of the family's ability to pay.
What it reported doing in 2022
Development and modeling of dance skills for young dancers who take classes from nationally recognized teachers and perform at local community events and outside competitions.
Operating model
- Revenue model
- Earned-program. 64% 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. Expenses are high relative to revenue and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 82
- Sustainability: 18
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 97.9%; rating input score 98
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -23.9%; rating input score 22; 22nd 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: 0.5% per year; rating input score 100; 54th percentile among comparable filings
- Revenue growth: -3.1% per year; rating input score 0; 44th percentile among comparable filings
- Asset growth: -29.6% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 97.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $73K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 4 filed schedules
- Filing history: 7 filing years from 2015 to 2022
- 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 — Sustainability: Operating margin scored 22/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.