Quick charity verification for Atlantic City Ballet (EIN: 222411345)
Verdict: Atlantic City Ballet appears trustworthy
75/100Mission Score
$366KRevenue
$44KAssets
3Red Flags
2Strengths
Red Flags
Significant decline in net assets over the past several years, from $81,570 in 2017 to $44,474 in 2023.
Substantial increase in liabilities, reaching $80,540 in 2023, which is nearly double their total assets.
Lack of detailed information regarding executive compensation in the provided data.
Strengths
Consistently high percentage of expenses allocated to programs, indicating a strong focus on mission delivery.
Revenue has shown some recovery in recent years, reaching $288,524 in 2023 after a dip in 2021.
AI Transparency Report
Atlantic City Ballet is a unknown nonprofit based in Atlantic City, New Jersey, with reported revenue of $366K and assets of $44K. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 80% of spending goes to programs, 10% to administration, and 10% to fundraising. Executive compensation cannot be assessed due to a lack of specific data in the provided filings. Revenue has grown +117% across 12 filing periods.