Expenses generally managed within revenue, indicating fiscal responsibility (e.g., 2023 revenue $15,526 vs. expenses $12,017)
Lean operational model with no reported assets or liabilities
Spending Breakdown
How Caribbean American Dance Company allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Caribbean American Dance Company
Is Caribbean American Dance Company a legitimate charity?
Based on AI analysis of IRS 990 filings, Caribbean American Dance Company (EIN: 204439817) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
Is Caribbean American Dance Company a good charity to donate to?
Caribbean American Dance Company has a Mission Score of 90/100. Revenue: $34K. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Caribbean American Dance Company?
The Employer Identification Number (EIN) for Caribbean American Dance Company is 204439817. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Caribbean American Dance Company spend its money?
Caribbean American Dance Company allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Caribbean American Dance Company's tax-exempt status?
You can verify Caribbean American Dance Company's tax-exempt status using EIN 204439817 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Caribbean American Dance Company operates on a very small scale, with its latest reported revenue at $33,805 and zero assets. This indicates a highly lean operation, likely relying on immediate funding for program delivery. The organization consistently reports zero officer compensation across all available filings, which is a strong indicator of volunteer leadership and a commitment to directing all available funds towards its mission. While the lack of significant assets suggests limited financial reserves, the consistent reporting of expenses close to revenue indicates that funds are being utilized for operations rather than accumulating. The organization's financial health appears stable given its size, consistently managing expenses within or very close to its revenue, as seen in 2023 where revenue was $15,526 and expenses were $12,017. This suggests careful financial management for an organization of its scale.
Spending efficiency is difficult to precisely determine without a detailed breakdown of expenses beyond the summary data. However, the absence of officer compensation implies a high proportion of funds are likely directed towards program delivery and essential administrative functions. The organization's consistent filing of IRS 990-EZ forms (implied by its small revenue) demonstrates a basic level of transparency, although more detailed financial information would require deeper analysis of those specific filings. The consistent reporting of zero assets and liabilities also simplifies its financial picture, suggesting a straightforward cash-in, cash-out operational model.
Overall, the Caribbean American Dance Company appears to be a fiscally conservative and transparent small nonprofit, with a strong emphasis on volunteerism at the leadership level. Its financial practices suggest a focus on direct program delivery with minimal overhead, making it an efficient steward of its limited resources. The primary challenge for such an organization is often scaling operations and building reserves, but within its current operational scope, it demonstrates responsible financial management.