Quick charity verification for Christian Dance Studios Inc (EIN: 20706620)
Verdict: Christian Dance Studios Inc shows mixed signals
65/100Mission Score
$144KRevenue
$35KAssets
3Red Flags
3Strengths
Red Flags
Consistent operating deficits, with expenses exceeding revenue in most recent periods (e.g., 202405, 202305).
Liabilities consistently exceed assets, indicating a negative net asset position (e.g., 202405: Assets $29,786, Liabilities $61,660).
Lack of detailed functional expense breakdown in provided data makes it difficult to fully assess spending efficiency.
Strengths
Consistent revenue generation over the past decade, typically above $100,000 annually.
No reported officer compensation, potentially indicating volunteer leadership or efficient use of funds.
Consistent filing of IRS 990 forms, demonstrating regulatory compliance and transparency.
Spending Breakdown
How Christian Dance Studios Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Christian Dance Studios Inc
Is Christian Dance Studios Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Christian Dance Studios Inc (EIN: 20706620) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Christian Dance Studios Inc a good charity to donate to?
Christian Dance Studios Inc has a Mission Score of 65/100. Revenue: $144K. Assets: $35K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Christian Dance Studios Inc?
The Employer Identification Number (EIN) for Christian Dance Studios Inc is 20706620. 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 Christian Dance Studios Inc spend its money?
Christian Dance Studios Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Christian Dance Studios Inc's tax-exempt status?
You can verify Christian Dance Studios Inc's tax-exempt status using EIN 20706620 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
Christian Dance Studios Inc. demonstrates consistent operational activity with annual revenues generally ranging between $100,000 and $160,000 over the past decade. The organization has frequently operated at a deficit, with expenses exceeding revenue in most recent periods, such as in 202405 where expenses were $130,700 against revenues of $130,108, and in 202305 with expenses of $134,021 against revenues of $123,838. This consistent deficit spending suggests a reliance on prior reserves or an accumulation of liabilities, which have remained relatively high compared to assets. For instance, in 202405, liabilities stood at $61,660 while assets were only $29,786.
The organization's financial health appears stable in terms of revenue generation but precarious due to persistent operating deficits and a negative net asset position. The lack of reported officer compensation across all filings indicates that executive leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which can be a positive sign for program efficiency if true. However, without a detailed breakdown of expenses, it's challenging to fully assess spending efficiency beyond the overall deficit trend. The consistent filing of IRS 990 forms over 14 periods indicates a commitment to regulatory transparency.