Quick charity verification for Signature Dance Company (EIN: 202884576)
Verdict: Signature Dance Company appears trustworthy
90/100Mission Score
$197KRevenue
$47KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Significant revenue growth in 2023 ($553,165)
Consistent reporting of zero officer compensation
Zero liabilities across all filing periods
Strong financial surplus in 2023 (Revenue $553,165 vs. Expenses $277,727)
Consistent IRS 990 filing history (11 filings)
Spending Breakdown
How Signature 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 Signature Dance Company
Is Signature Dance Company a legitimate charity?
Based on AI analysis of IRS 990 filings, Signature Dance Company (EIN: 202884576) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Signature Dance Company a good charity to donate to?
Signature Dance Company has a Mission Score of 90/100. Revenue: $197K. Assets: $47K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Signature Dance Company?
The Employer Identification Number (EIN) for Signature Dance Company is 202884576. 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 Signature Dance Company spend its money?
Signature Dance Company allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Signature Dance Company's tax-exempt status?
You can verify Signature Dance Company's tax-exempt status using EIN 202884576 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
Signature Dance Company demonstrates fluctuating financial health over the past decade, with a notable surge in revenue to $553,165 in 2023, significantly exceeding its expenses of $277,727 for that period. This indicates a strong surplus generation in its most recent filing. Prior to 2023, the organization generally operated with revenues closely matching or slightly exceeding expenses, suggesting a lean operational model. The organization consistently reports zero liabilities and zero officer compensation, which are strong indicators of financial stability and a commitment to directing resources towards its mission rather than executive pay.
The organization's spending efficiency appears to be strong, particularly in 2023 where expenses were less than half of its revenue. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the absence of officer compensation suggests a high proportion of funds are likely allocated to program delivery. The consistent reporting of zero liabilities across all filings further underscores a responsible financial management approach.
Transparency is high given the consistent filing of IRS Form 990s and the clear reporting of key financial metrics. The absence of officer compensation is a transparent practice that builds trust. The organization's financial history, showing growth and prudent management, contributes to a positive assessment of its overall financial health and transparency.