Caribbean American Dance Company
Caribbean American Dance Company operates on a lean, volunteer-led model with zero assets and no officer compensation.
EIN: 204439817 · Windsor, CT · NTEE: T50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $34K |
| Total Expenses | $12K |
| Program Spending | 85% |
| Transparency Score | 90/100 |
Is Caribbean American Dance Company Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Caribbean American Dance Company directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Caribbean American Dance Company
Caribbean American Dance Company (EIN: 204439817) is a nonprofit organization based in Windsor, CT, classified under NTEE code T50. The organization reported total revenue of $34K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Caribbean American Dance Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Caribbean American Dance Company is a micro nonprofit that has been operating for 10 years, with 4 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 7.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $16K |
| Total Expenses | $12K |
| Surplus / Deficit | +$4K |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | 22.6% |
| Months of Reserves | 0.0 months |
Financial Health Grade: A
In 2023, Caribbean American Dance Company reported a surplus of $4K with revenue exceeding expenses, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 4 years of filings (2016–2023), Caribbean American Dance Company's revenue has grown at a compound annual growth rate (CAGR) of 7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +77.1% | +19.9% | — |
| 2022 | -43.5% | -36.6% | — |
| 2021 | +68.0% | +45.7% | -100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Caribbean American Dance Company with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Caribbean American Dance Company allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating a volunteer-led structure where no funds are allocated to executive salaries, which is highly commendable for a nonprofit of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Caribbean American Dance Company's IRS 990 filings:
- Zero assets indicate no financial reserves for unexpected events or future growth
- Small revenue base limits potential program impact and scalability
Strengths
The following positive indicators were identified for Caribbean American Dance Company:
- 100% volunteer leadership with 0% officer compensation reported across all filings
- Consistent financial reporting demonstrates transparency
- Expenses generally managed within revenue, indicating fiscal responsibility (e.g., 2023 revenue $15,526 vs. expenses $12,017)
- Lean operational model with no reported assets or liabilities
Frequently Asked Questions about Caribbean American Dance Company
Is Caribbean American Dance Company a legitimate charity?
Caribbean American Dance Company (EIN: 204439817) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 90/100. It has 4 years of IRS 990 filings on record. Total revenue: $34K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Caribbean American Dance Company spend its money?
Caribbean American Dance Company directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Caribbean American Dance Company tax-deductible?
Caribbean American Dance Company is registered as a tax-exempt nonprofit (EIN: 204439817). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Caribbean American Dance Company's spending goes to programs?
Caribbean American Dance Company directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Caribbean American Dance Company compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Caribbean American Dance Company is above average for NTEE category T50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Caribbean American Dance Company located?
Caribbean American Dance Company is headquartered in Windsor, Connecticut and files with the IRS under EIN 204439817. It is classified under NTEE code T50.
How many years of IRS 990 filings does Caribbean American Dance Company have?
Caribbean American Dance Company has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $34K in total revenue.
Is the Caribbean American Dance Company financially stable?
Yes, for its size, the organization appears stable. It consistently manages expenses close to or below its revenue, as seen in 2023 where revenue was $15,526 and expenses were $12,017, indicating responsible financial management without accumulating debt.
How does the organization fund its operations without assets?
The organization likely operates on a cash-flow basis, using incoming revenue directly to cover immediate program and operational expenses. The zero asset reporting suggests it does not maintain significant financial reserves or own substantial property.
What is the transparency level of this organization?
The organization demonstrates basic transparency by consistently filing its IRS 990 forms. The consistent reporting of zero officer compensation and assets also provides a clear, albeit simple, financial picture.
Filing History
IRS 990 filing history for Caribbean American Dance Company showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2016–2023), Caribbean American Dance Company's revenue has grown by 68.2%, moving from $9K to $16K. Total assets decreased by 100% over the same period, from $3K to $0. Total functional expenses rose by 10.8%, from $11K to $12K. In its most recent filing year (2023), Caribbean American Dance Company reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $16K | $12K | $0 | $0 | — | — |
| 2022 | $9K | $10K | $0 | $0 | — | View 990 |
| 2021 | $16K | $16K | $0 | $0 | — | View 990 |
| 2016 | $9K | $11K | $3K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $16K, expenses of $12K, and assets of $0 (revenue +77.1% year-over-year).
- 2022: Revenue of $9K, expenses of $10K, and assets of $0 (revenue -43.5% year-over-year).
- 2021: Revenue of $16K, expenses of $16K, and assets of $0 (revenue +68.0% year-over-year).
- 2016: Revenue of $9K, expenses of $11K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Caribbean American Dance Company:
Data Sources and Methodology
This transparency report for Caribbean American Dance Company 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.