Ballet Folklorico Tapatio Non Profit Corporation
EIN: 861002717 · Tucson, AZ · NTEE: A63
| Metric | Value |
|---|---|
| Total Revenue | $130K |
| Total Expenses | $119K |
| Net Assets | $-11,368 |
Is Ballet Folklorico Tapatio Non Profit Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ballet Folklorico Tapatio Non Profit Corporation
Ballet Folklorico Tapatio Non Profit Corporation (EIN: 861002717) is a nonprofit organization based in Tucson, AZ, classified under NTEE code A63. The organization reported total revenue of $130K and total assets of $15K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ballet Folklorico Tapatio Non Profit Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ballet Folklorico Tapatio Non Profit Corporation is a small nonprofit that has been operating for 24 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 9.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $122K |
| Total Expenses | $119K |
| Surplus / Deficit | +$4K |
| Total Assets | $9K |
| Total Liabilities | $21K |
| Net Assets | $-11,368 |
| Operating Margin | 2.9% |
| Debt-to-Asset Ratio | 223.4% |
| Months of Reserves | 0.9 months |
Financial Health Grade: B
In 2023, Ballet Folklorico Tapatio Non Profit Corporation reported a surplus of $4K with revenue exceeding expenses, holds 0.9 months of operating reserves (limited), has a debt-to-asset ratio of 223.4% (high leverage).
Financial Trends
Over 11 years of filings (2013–2023), Ballet Folklorico Tapatio Non Profit Corporation's revenue has grown at a compound annual growth rate (CAGR) of 9.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +88.2% | +106.5% | -1.2% |
| 2022 | +51.2% | +72.3% | +205.5% |
| 2021 | +79.6% | +41.0% | -29.4% |
| 2020 | -79.3% | -79.3% | -16.0% |
| 2019 | +49.8% | +47.0% | -36.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ballet Folklorico Tapatio Non Profit Corporation 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 Folklorico Tapatio Non Profit Corporation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 223.4%.
Frequently Asked Questions about Ballet Folklorico Tapatio Non Profit Corporation
Is Ballet Folklorico Tapatio Non Profit Corporation a legitimate charity?
Ballet Folklorico Tapatio Non Profit Corporation (EIN: 861002717) is a registered tax-exempt nonprofit based in Arizona. It has 11 years of IRS 990 filings on record. Total revenue: $130K. No red flags identified. Financial health grade: B.
How does Ballet Folklorico Tapatio Non Profit Corporation spend its money?
Ballet Folklorico Tapatio Non Profit Corporation reported $130K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Ballet Folklorico Tapatio Non Profit Corporation tax-deductible?
Ballet Folklorico Tapatio Non Profit Corporation is registered as a tax-exempt nonprofit (EIN: 861002717). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ballet Folklorico Tapatio Non Profit Corporation located?
Ballet Folklorico Tapatio Non Profit Corporation is headquartered in Tucson, Arizona and files with the IRS under EIN 861002717. It is classified under NTEE code A63.
How many years of IRS 990 filings does Ballet Folklorico Tapatio Non Profit Corporation have?
Ballet Folklorico Tapatio Non Profit Corporation has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $130K in total revenue.
Filing History
IRS 990 filing history for Ballet Folklorico Tapatio Non Profit Corporation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Ballet Folklorico Tapatio Non Profit Corporation's revenue has grown by 146.4%, moving from $50K to $122K. Total assets increased by 545.8% over the same period, from $1K to $9K. Total functional expenses rose by 127.9%, from $52K to $119K. In its most recent filing year (2023), Ballet Folklorico Tapatio Non Profit Corporation reported a surplus of $4K, with revenue exceeding expenses. The organization holds $21K in liabilities against $9K in assets (debt-to-asset ratio: 223.4%), resulting in net assets of $-11,368.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $122K | $119K | $9K | $21K | — | — |
| 2022 | $65K | $58K | $9K | $24K | — | View 990 |
| 2021 | $43K | $33K | $3K | $25K | — | — |
| 2020 | $24K | $24K | $4K | $36K | — | View 990 |
| 2019 | $116K | $115K | $5K | $37K | — | View 990 |
| 2018 | $77K | $78K | $8K | $29K | — | View 990 |
| 2017 | $62K | $59K | $2K | $22K | — | View 990 |
| 2016 | $68K | $75K | $1 | $24K | — | View 990 |
| 2015 | $79K | $100K | $1K | $18K | — | View 990 |
| 2014 | $51K | $48K | $5K | $476 | — | — |
| 2013 | $50K | $52K | $1K | $476 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $122K, expenses of $119K, and assets of $9K (revenue +88.2% year-over-year).
- 2022: Revenue of $65K, expenses of $58K, and assets of $9K (revenue +51.2% year-over-year).
- 2021: Revenue of $43K, expenses of $33K, and assets of $3K (revenue +79.6% year-over-year).
- 2020: Revenue of $24K, expenses of $24K, and assets of $4K (revenue -79.3% year-over-year).
- 2019: Revenue of $116K, expenses of $115K, and assets of $5K (revenue +49.8% year-over-year).
- 2018: Revenue of $77K, expenses of $78K, and assets of $8K (revenue +24.3% year-over-year).
- 2017: Revenue of $62K, expenses of $59K, and assets of $2K (revenue -9.2% year-over-year).
- 2016: Revenue of $68K, expenses of $75K, and assets of $1 (revenue -12.9% year-over-year).
- 2015: Revenue of $79K, expenses of $100K, and assets of $1K (revenue +53.2% year-over-year).
- 2014: Revenue of $51K, expenses of $48K, and assets of $5K (revenue +3.3% year-over-year).
- 2013: Revenue of $50K, expenses of $52K, and assets of $1K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ballet Folklorico Tapatio Non Profit Corporation:
Data Sources and Methodology
This transparency report for Ballet Folklorico Tapatio Non Profit Corporation 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.