Ballet Five Eight Nfp
EIN: 455395602 · Orland Park, IL · NTEE: A63
Is Ballet Five Eight Nfp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ballet Five Eight Nfp
Ballet Five Eight Nfp (EIN: 455395602) is a nonprofit organization based in Orland Park, IL, classified under NTEE code A63. The organization reported total revenue of $1.0M and total assets of $257K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ballet Five Eight Nfp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ballet Five Eight Nfp is a mid-size nonprofit that has been operating for 14 years, with 14 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 32.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $984K |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-171,883 |
| Total Assets | $257K |
| Total Liabilities | $283K |
| Net Assets | $-26,007 |
| Operating Margin | -17.5% |
| Debt-to-Asset Ratio | 110.1% |
| Months of Reserves | 2.7 months |
Financial Health Grade: D
In 2024, Ballet Five Eight Nfp reported a deficit of $172K with expenses exceeding revenue, holds 2.7 months of operating reserves (limited), has a debt-to-asset ratio of 110.1% (high leverage).
Financial Trends
Over 14 years of filings (2012–2024), Ballet Five Eight Nfp's revenue has grown at a compound annual growth rate (CAGR) of 32.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +4.8% | +2.6% | -0.1% |
| 2023 | -18.4% | -1.2% | -34.0% |
| 2022 | +10.4% | +29.5% | +2.8% |
| 2021 | +43.6% | +46.4% | +4.6% |
| 2020 | +0.0% | +0.0% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ballet Five Eight Nfp has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ballet Five Eight Nfp with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $172K, with expenses exceeding revenue.
- Debt-to-asset ratio: 110.1%.
Frequently Asked Questions about Ballet Five Eight Nfp
Is Ballet Five Eight Nfp a legitimate charity?
Based on AI analysis of IRS 990 filings, Ballet Five Eight Nfp (EIN: 455395602) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ballet Five Eight Nfp spend its money?
Detailed spending breakdown data is not yet available for Ballet Five Eight Nfp. Check back for updated IRS 990 analysis.
Are donations to Ballet Five Eight Nfp tax-deductible?
Ballet Five Eight Nfp is registered as a tax-exempt nonprofit (EIN: 455395602). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Ballet Five Eight Nfp showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2012–2024), Ballet Five Eight Nfp's revenue has grown by 2759.6%, moving from $34K to $984K. Total assets increased by 648.8% over the same period, from $34K to $257K. Total functional expenses rose by 17860.3%, from $6K to $1.2M. In its most recent filing year (2024), Ballet Five Eight Nfp reported a deficit of $172K, with expenses exceeding revenue. The organization holds $283K in liabilities against $257K in assets (debt-to-asset ratio: 110.1%), resulting in net assets of $-26,007.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $984K | $1.2M | $257K | $283K | — | — |
| 2023 | $939K | $1.1M | $257K | $111K | — | View 990 |
| 2022 | $1.2M | $1.1M | $390K | $56K | — | View 990 |
| 2021 | $1.0M | $880K | $379K | $55K | — | View 990 |
| 2020 | $725K | $601K | $362K | $200K | — | — |
| 2020 | $725K | $601K | $362K | $200K | — | View 990 |
| 2019 | $694K | $672K | $200K | $162K | — | View 990 |
| 2018 | $525K | $546K | $97K | $106K | — | View 990 |
| 2017 | $429K | $452K | $84K | $71K | — | View 990 |
| 2016 | $334K | $327K | $95K | $59K | — | View 990 |
| 2015 | $297K | $323K | $81K | $52K | — | View 990 |
| 2014 | $244K | $212K | $81K | $27K | — | View 990 |
| 2013 | $162K | $168K | $52K | $30K | — | View 990 |
| 2012 | $34K | $6K | $34K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $984K, expenses of $1.2M, and assets of $257K (revenue +4.8% year-over-year).
- 2023: Revenue of $939K, expenses of $1.1M, and assets of $257K (revenue -18.4% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.1M, and assets of $390K (revenue +10.4% year-over-year).
- 2021: Revenue of $1.0M, expenses of $880K, and assets of $379K (revenue +43.6% year-over-year).
- 2020: Revenue of $725K, expenses of $601K, and assets of $362K (revenue +0.0% year-over-year).
- 2020: Revenue of $725K, expenses of $601K, and assets of $362K (revenue +4.5% year-over-year).
- 2019: Revenue of $694K, expenses of $672K, and assets of $200K (revenue +32.3% year-over-year).
- 2018: Revenue of $525K, expenses of $546K, and assets of $97K (revenue +22.3% year-over-year).
- 2017: Revenue of $429K, expenses of $452K, and assets of $84K (revenue +28.5% year-over-year).
- 2016: Revenue of $334K, expenses of $327K, and assets of $95K (revenue +12.2% year-over-year).
- 2015: Revenue of $297K, expenses of $323K, and assets of $81K (revenue +22.0% year-over-year).
- 2014: Revenue of $244K, expenses of $212K, and assets of $81K (revenue +50.1% year-over-year).
- 2013: Revenue of $162K, expenses of $168K, and assets of $52K (revenue +371.8% year-over-year).
- 2012: Revenue of $34K, expenses of $6K, and assets of $34K.
Data Sources and Methodology
This transparency report for Ballet Five Eight Nfp is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.