Is Consuming Fire School Of Dance And Fitness Center Inc Legit?

Quick charity verification for Consuming Fire School Of Dance And Fitness Center Inc (EIN: 204124337)

Verdict: Consuming Fire School Of Dance And Fitness Center Inc appears trustworthy

85/100Mission Score
$67KRevenue
$7KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

Consuming Fire School Of Dance And Fitness Center Inc appears to be a small, consistently operating nonprofit with a stable financial history. Over the past eight years, its revenue has fluctuated between approximately $66,000 and $105,000, with expenses generally tracking closely to revenue, indicating a break-even or slight deficit operation in most years, such as the $979 deficit in 2023. The organization maintains minimal assets, with the latest filing showing $6,871, and consistently reports no liabilities, suggesting a fiscally conservative approach and no reliance on debt. The organization demonstrates strong financial transparency by consistently filing its IRS Form 990s. A key positive indicator is the reported 0% officer compensation across all available filings, which suggests that leadership is either volunteer-based or compensated through other means not classified as officer compensation, potentially allowing more funds to be directed towards its mission. Given its small size and consistent operational pattern, the organization appears to be managed efficiently within its resource constraints, focusing on its core activities without accumulating significant reserves or debt. While specific program spending details are not provided in the summary data, the absence of officer compensation and liabilities, combined with consistent operations, points to a focused and potentially efficient use of its modest revenue. Further analysis would require access to the full 990 forms to determine the exact breakdown of program, administrative, and fundraising expenses, but the available data suggests a well-managed, albeit small, entity.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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