Center For Modern Dance Education Inc
Center For Modern Dance Education: Consistent Revenue, Tight Margins
EIN: 221699375 · Hackensack, NJ · NTEE: A62Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $180K |
| Total Expenses | $263K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $147K |
| Transparency Score | 75/100 |
Is Center For Modern Dance Education Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Center For Modern Dance Education Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Center For Modern Dance Education Inc
Center For Modern Dance Education Inc (EIN: 221699375) is a nonprofit organization based in Hackensack, NJ, classified under NTEE code A62Z. The organization reported total revenue of $180K and total assets of $140K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Center For Modern Dance Education Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Center For Modern Dance Education Inc is a small nonprofit that has been operating for 61 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 0.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $223K |
| Total Expenses | $263K |
| Surplus / Deficit | $-39,973 |
| Total Assets | $148K |
| Total Liabilities | $965 |
| Net Assets | $147K |
| Operating Margin | -17.9% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 6.8 months |
Financial Health Grade: B
In 2024, Center For Modern Dance Education Inc reported a deficit of $40K with expenses exceeding revenue, holds 6.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Center For Modern Dance Education Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -33.8% | +6.6% | -22.5% |
| 2023 | +45.4% | +18.2% | +93.6% |
| 2022 | +7.4% | +10.2% | +7.6% |
| 2021 | +32.4% | +18.6% | +40.8% |
| 2020 | -14.6% | -16.3% | -4.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1965 |
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 Center For Modern Dance Education Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Center For Modern Dance Education Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $40K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, which suggests either volunteer leadership or compensation is categorized under other expense lines, warranting further investigation.
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 Center For Modern Dance Education Inc's IRS 990 filings:
- Consistent reporting of $0 executive compensation is highly unusual and may obscure actual leadership costs.
- The organization's expenses frequently nearly match or exceed revenue, indicating a lack of significant surplus for growth or reserves.
- Fluctuating liabilities, particularly the higher amounts in 2020 and 2021, could indicate periods of financial strain.
Strengths
The following positive indicators were identified for Center For Modern Dance Education Inc:
- The organization has maintained a consistent level of revenue over several years, demonstrating stable fundraising or program income.
- Assets have shown growth over time, from $44,862 in 2017 to $140,420 in 2024, indicating some financial stability.
- The organization has consistently reported low liabilities in recent years, such as $965 in 2024, suggesting good debt management.
Frequently Asked Questions about Center For Modern Dance Education Inc
Is Center For Modern Dance Education Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Center For Modern Dance Education Inc (EIN: 221699375) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Center For Modern Dance Education Inc spend its money?
Center For Modern Dance Education Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Center For Modern Dance Education Inc tax-deductible?
Center For Modern Dance Education Inc is registered as a tax-exempt nonprofit (EIN: 221699375). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Center For Modern Dance Education Inc CEO make?
Center For Modern Dance Education Inc's highest-compensated officer earns $0 annually. The organization reported $180K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Center For Modern Dance Education Inc's spending goes to programs?
Center For Modern Dance Education Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Center For Modern Dance Education Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Center For Modern Dance Education Inc is above average for NTEE category A62Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Center For Modern Dance Education Inc located?
Center For Modern Dance Education Inc is headquartered in Hackensack, New Jersey and files with the IRS under EIN 221699375. It is classified under NTEE code A62Z.
How many years of IRS 990 filings does Center For Modern Dance Education Inc have?
Center For Modern Dance Education Inc has 13 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 $180K in total revenue.
What does Center For Modern Dance Education Inc do?
Center For Modern Dance Education Inc is a nonprofit organization in the Arts, Culture & Humanities sector, located in Hackensack, New Jersey. It is classified under NTEE code A62Z.
How much revenue does Center For Modern Dance Education Inc have?
Center For Modern Dance Education Inc reported total revenue of $180,036. Based on 13 IRS 990 filings on record.
What are Center For Modern Dance Education Inc's total assets?
Center For Modern Dance Education Inc holds total assets of $140,420 as reported in IRS 990 filings.
Where is Center For Modern Dance Education Inc located?
Center For Modern Dance Education Inc is based in Hackensack, New Jersey.
What is Center For Modern Dance Education Inc's EIN?
Center For Modern Dance Education Inc's Employer Identification Number (EIN) is 221699375. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Center For Modern Dance Education Inc?
Center For Modern Dance Education Inc is classified under NTEE code A62Z (Arts, Culture & Humanities).
Is Center For Modern Dance Education Inc a registered 501(c)(3)?
Yes, Center For Modern Dance Education Inc is recognized as a tax-exempt organization by the IRS. EIN: 221699375.
Does Center For Modern Dance Education Inc file IRS Form 990?
Yes, Center For Modern Dance Education Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202405.
What was Center For Modern Dance Education Inc's revenue in 2024?
In the 202405 filing period, Center For Modern Dance Education Inc reported total revenue of $222,845, total expenses of $262,818, and net assets of $148,037.
Is Center For Modern Dance Education Inc's revenue growing or declining?
Center For Modern Dance Education Inc's revenue is declining. Revenue went from $336,547 (202305) to $222,845 (202405), a -33.8% change. Based on 13 filings on record.
What is Center For Modern Dance Education Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Center For Modern Dance Education Inc covers tax period 202405. It shows revenue of $222,845, expenses of $262,818, total assets of $148,037, and liabilities of $965.
How much does Center For Modern Dance Education Inc spend on programs vs administration?
Based on IRS 990 analysis, Center For Modern Dance Education Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Center For Modern Dance Education Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Center For Modern Dance Education Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Center For Modern Dance Education Inc?
The following concerns were identified: Consistent reporting of $0 executive compensation is highly unusual and may obscure actual leadership costs.. The organization's expenses frequently nearly match or exceed revenue, indicating a lack of significant surplus for growth or reserves.. Fluctuating liabilities, particularly the higher amounts in 2020 and 2021, could indicate periods of financial strain.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Center For Modern Dance Education Inc's strengths?
Positive indicators for Center For Modern Dance Education Inc include: The organization has maintained a consistent level of revenue over several years, demonstrating stable fundraising or program income.. Assets have shown growth over time, from $44,862 in 2017 to $140,420 in 2024, indicating some financial stability.. The organization has consistently reported low liabilities in recent years, such as $965 in 2024, suggesting good debt management.. These findings are derived from AI analysis of the organization's financial filings.
How does Center For Modern Dance Education Inc compensate executives?
Executive compensation is reported as $0 across all available filings, which suggests either volunteer leadership or compensation is categorized under other expense lines, warranting further investigation. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the reported $0 executive compensation, how does the organization sustain its leadership and administrative functions?
The consistent reporting of $0 for officer, director, trustee, and key employee compensation across all available filings suggests that leadership may be entirely volunteer-based, or that compensation is being reported under other expense categories, such as program or administrative expenses, which would obscure the true cost of executive leadership.
What is the long-term strategy for building financial reserves, given the tight margins where expenses often nearly equal revenue?
With expenses frequently closely matching revenue (e.g., $222,845 revenue vs. $262,818 expenses in 2024, or $336,547 revenue vs. $246,603 expenses in 2023), the organization appears to operate on very thin margins. This pattern suggests a focus on immediate program delivery rather than accumulating significant financial reserves, which could pose a risk during unexpected financial downturns or for future growth initiatives.
Filing History
IRS 990 filing history for Center For Modern Dance Education Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Center For Modern Dance Education Inc's revenue has grown by 10.7%, moving from $201K to $223K. Total assets increased by 95.1% over the same period, from $76K to $148K. Total functional expenses rose by 41.4%, from $186K to $263K. In its most recent filing year (2024), Center For Modern Dance Education Inc reported a deficit of $40K, with expenses exceeding revenue. The organization holds $965 in liabilities against $148K in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $147K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $223K | $263K | $148K | $965 | — | — |
| 2023 | $337K | $247K | $191K | $4K | — | View 990 |
| 2022 | $231K | $209K | $99K | $2K | — | View 990 |
| 2021 | $216K | $189K | $92K | $17K | — | — |
| 2020 | $163K | $160K | $65K | $17K | — | View 990 |
| 2019 | $191K | $191K | $68K | $23K | — | View 990 |
| 2018 | $173K | $172K | $70K | $26K | — | — |
| 2017 | $162K | $162K | $45K | $971 | — | View 990 |
| 2016 | $166K | $170K | $54K | $11K | — | View 990 |
| 2015 | $164K | $164K | $49K | $2K | — | View 990 |
| 2014 | $185K | $189K | $48K | $1K | — | View 990 |
| 2013 | $176K | $189K | $55K | $4K | — | View 990 |
| 2012 | $201K | $186K | $76K | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $223K, expenses of $263K, and assets of $148K (revenue -33.8% year-over-year).
- 2023: Revenue of $337K, expenses of $247K, and assets of $191K (revenue +45.4% year-over-year).
- 2022: Revenue of $231K, expenses of $209K, and assets of $99K (revenue +7.4% year-over-year).
- 2021: Revenue of $216K, expenses of $189K, and assets of $92K (revenue +32.4% year-over-year).
- 2020: Revenue of $163K, expenses of $160K, and assets of $65K (revenue -14.6% year-over-year).
- 2019: Revenue of $191K, expenses of $191K, and assets of $68K (revenue +10.6% year-over-year).
- 2018: Revenue of $173K, expenses of $172K, and assets of $70K (revenue +6.2% year-over-year).
- 2017: Revenue of $162K, expenses of $162K, and assets of $45K (revenue -2.4% year-over-year).
- 2016: Revenue of $166K, expenses of $170K, and assets of $54K (revenue +1.4% year-over-year).
- 2015: Revenue of $164K, expenses of $164K, and assets of $49K (revenue -11.5% year-over-year).
- 2014: Revenue of $185K, expenses of $189K, and assets of $48K (revenue +5.1% year-over-year).
- 2013: Revenue of $176K, expenses of $189K, and assets of $55K (revenue -12.4% year-over-year).
- 2012: Revenue of $201K, expenses of $186K, and assets of $76K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Center For Modern Dance Education Inc:
Data Sources and Methodology
This transparency report for Center For Modern Dance Education Inc 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.