Is Dance Foundation Legit?

Spending Breakdown

How Dance Foundation allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Dance Foundation

Is Dance Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Dance Foundation (EIN: 203510047) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

Is Dance Foundation a good charity to donate to?

Dance Foundation has a Mission Score of 70/100. Revenue: $65K. Assets: $48K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Dance Foundation?

The Employer Identification Number (EIN) for Dance Foundation is 203510047. 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 Dance Foundation spend its money?

Dance Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Dance Foundation's tax-exempt status?

You can verify Dance Foundation's tax-exempt status using EIN 203510047 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

Dance Foundation exhibits inconsistent financial performance over the past decade, with revenues fluctuating significantly year-to-year. For instance, revenue dropped from $57,223 in 2022 to $3,978 in 2023, while expenses remained relatively high at $16,027, leading to a deficit. This pattern of revenue volatility and occasional deficits (e.g., 2023, 2021, 2020, 2019, 2017, 2015) suggests potential challenges in sustainable funding or program planning. The organization consistently reports zero liabilities and zero officer compensation, which indicates a lean operational structure and a commitment to not compensating its leadership, enhancing its transparency and efficiency in this regard.

Despite the revenue fluctuations, the organization maintains a positive asset base, though it also varies. The latest assets of $47,789, compared to the latest revenue of $64,559, show a reasonable asset-to-revenue ratio. The consistent reporting of zero officer compensation across all filings is a strong positive indicator of financial efficiency and a focus on mission over executive pay. However, the frequent deficits, such as the $12,049 deficit in 2023 (Expenses $16,027 - Revenue $3,978), raise questions about long-term financial stability and the ability to consistently cover operational costs through earned revenue or donations. The lack of liabilities is a significant strength, preventing debt accumulation.

Given the available data, it's challenging to fully assess spending efficiency without a detailed breakdown of program, administrative, and fundraising expenses. However, the absence of officer compensation suggests that a significant portion of expenses, whatever their category, is not being diverted to high salaries. The organization's consistent filing of IRS Form 990s demonstrates a commitment to regulatory transparency, even with its fluctuating financial health. The primary concern remains the unpredictable revenue streams and the resulting deficits in many operating periods.

Verdict: Dance Foundation appears trustworthy

Red Flags

Strengths