Quick charity verification for New Orleans Dance Collective Inc (EIN: 161757642)
Verdict: New Orleans Dance Collective Inc appears trustworthy
75/100Mission Score
$89KRevenue
$226KAssets
3Red Flags
3Strengths
Red Flags
Inconsistent financial performance with significant revenue and expense fluctuations.
Periods of substantial liabilities ($313,522 in 2022, $313,222 in 2020) that far exceeded assets.
Operating at a deficit in the most recent filing (2023: expenses $76,176 vs. revenue $62,388).
Strengths
Consistently reports 0% officer compensation, indicating efficient use of funds for leadership.
Successfully reduced liabilities to $0 in the latest filing (2023) after previous high debt periods.
Maintains a consistent presence with 11 filings, suggesting ongoing operations despite financial challenges.
Spending Breakdown
How New Orleans Dance Collective Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 New Orleans Dance Collective Inc
Is New Orleans Dance Collective Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New Orleans Dance Collective Inc (EIN: 161757642) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is New Orleans Dance Collective Inc a good charity to donate to?
New Orleans Dance Collective Inc has a Mission Score of 75/100. Revenue: $89K. Assets: $226K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New Orleans Dance Collective Inc?
The Employer Identification Number (EIN) for New Orleans Dance Collective Inc is 161757642. 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 New Orleans Dance Collective Inc spend its money?
New Orleans Dance Collective Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New Orleans Dance Collective Inc's tax-exempt status?
You can verify New Orleans Dance Collective Inc's tax-exempt status using EIN 161757642 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
New Orleans Dance Collective Inc. demonstrates inconsistent financial performance over its filing history. While the organization reported total assets of $225,966 and latest revenue of $89,291, its financial health has fluctuated significantly. For instance, in 2023, expenses ($76,176) exceeded revenue ($62,388), indicating a deficit. A notable concern is the substantial liabilities reported in 2022 ($313,522) and 2020 ($313,222), which significantly outweighed assets in those periods, suggesting potential solvency issues. However, the most recent filing (2023) shows zero liabilities, which is a positive improvement.
The organization consistently reports 0% officer compensation across all filings, which is a strong indicator of efficient spending on leadership and a commitment to directing funds towards its mission rather than executive salaries. This also suggests a volunteer-led or very lean administrative structure. The lack of detailed expense breakdowns in the provided data makes a precise assessment of spending efficiency challenging beyond the executive compensation aspect. Transparency regarding program activities and detailed financial statements would further enhance understanding of their operational effectiveness.