Christian Dance Studios Inc
Christian Dance Studios Inc. consistently operates at a deficit with liabilities exceeding assets.
EIN: 20706620 · Lawrence, KS · NTEE: A62 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $144K |
| Total Expenses | $131K |
| Program Spending | 80% |
| Net Assets | $-31,874 |
| Transparency Score | 65/100 |
Is Christian Dance Studios Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Christian Dance Studios Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Christian Dance Studios Inc
Christian Dance Studios Inc (EIN: 20706620) is a nonprofit organization based in Lawrence, KS, classified under NTEE code A62. The organization reported total revenue of $144K and total assets of $35K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Christian Dance Studios Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Christian Dance Studios Inc is a small nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $130K |
| Total Expenses | $131K |
| Surplus / Deficit | $-592 |
| Total Assets | $30K |
| Total Liabilities | $62K |
| Net Assets | $-31,874 |
| Operating Margin | -0.5% |
| Debt-to-Asset Ratio | 207.0% |
| Months of Reserves | 2.7 months |
Financial Health Grade: D
In 2024, Christian Dance Studios Inc reported a deficit of $592 with expenses exceeding revenue, holds 2.7 months of operating reserves (limited), has a debt-to-asset ratio of 207.0% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Christian Dance Studios Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +5.1% | -2.5% | -2.0% |
| 2023 | -6.7% | +0.1% | -25.1% |
| 2022 | +22.6% | +33.4% | -15.2% |
| 2021 | -4.2% | -16.4% | +20.1% |
| 2020 | -10.7% | -3.1% | -2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Christian Dance Studios Inc with a Mission Score of 65 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: 80%
- fundraising: 5%
According to IRS 990 filings, Christian Dance Studios Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $592, with expenses exceeding revenue.
- Debt-to-asset ratio: 207.0%.
Executive Compensation Analysis
No officer compensation has been reported across all available filings, suggesting that executive leadership may be volunteer-based or compensated through non-officer channels, which could contribute to lower administrative overhead.
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 Christian Dance Studios Inc's IRS 990 filings:
- Consistent operating deficits, with expenses exceeding revenue in most recent periods (e.g., 202405, 202305).
- Liabilities consistently exceed assets, indicating a negative net asset position (e.g., 202405: Assets $29,786, Liabilities $61,660).
- Lack of detailed functional expense breakdown in provided data makes it difficult to fully assess spending efficiency.
Strengths
The following positive indicators were identified for Christian Dance Studios Inc:
- Consistent revenue generation over the past decade, typically above $100,000 annually.
- No reported officer compensation, potentially indicating volunteer leadership or efficient use of funds.
- Consistent filing of IRS 990 forms, demonstrating regulatory compliance and transparency.
Frequently Asked Questions about Christian Dance Studios Inc
Is Christian Dance Studios Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Christian Dance Studios Inc (EIN: 20706620) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Christian Dance Studios Inc spend its money?
Christian Dance Studios Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Christian Dance Studios Inc tax-deductible?
Christian Dance Studios Inc is registered as a tax-exempt nonprofit (EIN: 20706620). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Christian Dance Studios Inc's spending goes to programs?
Christian Dance Studios Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Christian Dance Studios Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Christian Dance Studios Inc is above average for NTEE category A62 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Christian Dance Studios Inc located?
Christian Dance Studios Inc is headquartered in Lawrence, Kansas and files with the IRS under EIN 20706620. It is classified under NTEE code A62.
How many years of IRS 990 filings does Christian Dance Studios Inc have?
Christian Dance Studios Inc has 14 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 $144K in total revenue.
How does Christian Dance Studios Inc. cover its consistent operating deficits?
The organization frequently reports expenses exceeding revenue, such as in 202405 ($130,700 expenses vs. $130,108 revenue). This suggests reliance on accumulated reserves, if any, or an increase in liabilities, which have consistently been higher than assets.
What is the nature of the organization's liabilities, which consistently exceed its assets?
In 202405, liabilities were $61,660 while assets were $29,786. The consistent high level of liabilities relative to assets, such as $61,672 liabilities vs. $30,390 assets in 202305, warrants further investigation into their composition (e.g., debt, deferred revenue).
Given the NTEE code A62 (Dance), how does the organization ensure its program spending is efficient?
Without a detailed functional expense breakdown, it's difficult to ascertain the efficiency of program spending. However, the absence of reported officer compensation could imply more resources are directed towards programs.
Filing History
IRS 990 filing history for Christian Dance Studios Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Christian Dance Studios Inc's revenue has grown by 13.7%, moving from $114K to $130K. Total assets decreased by 44% over the same period, from $53K to $30K. Total functional expenses rose by 7.2%, from $122K to $131K. In its most recent filing year (2024), Christian Dance Studios Inc reported a deficit of $592, with expenses exceeding revenue. The organization holds $62K in liabilities against $30K in assets (debt-to-asset ratio: 207.0%), resulting in net assets of $-31,874.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $130K | $131K | $30K | $62K | — | — |
| 2023 | $124K | $134K | $30K | $62K | — | View 990 |
| 2022 | $133K | $134K | $41K | $62K | — | View 990 |
| 2021 | $108K | $100K | $48K | $68K | — | — |
| 2020 | $113K | $120K | $40K | $68K | — | View 990 |
| 2019 | $127K | $124K | $41K | $62K | — | View 990 |
| 2018 | $119K | $132K | $38K | $62K | — | View 990 |
| 2017 | $124K | $133K | $52K | $62K | — | View 990 |
| 2016 | $157K | $156K | $62K | $62K | — | View 990 |
| 2015 | $129K | $138K | $60K | $62K | — | View 990 |
| 2014 | $147K | $131K | $69K | $62K | — | View 990 |
| 2013 | $128K | $133K | $53K | $63K | — | View 990 |
| 2012 | $137K | $124K | $55K | $60K | — | View 990 |
| 2011 | $114K | $122K | $53K | $72K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $130K, expenses of $131K, and assets of $30K (revenue +5.1% year-over-year).
- 2023: Revenue of $124K, expenses of $134K, and assets of $30K (revenue -6.7% year-over-year).
- 2022: Revenue of $133K, expenses of $134K, and assets of $41K (revenue +22.6% year-over-year).
- 2021: Revenue of $108K, expenses of $100K, and assets of $48K (revenue -4.2% year-over-year).
- 2020: Revenue of $113K, expenses of $120K, and assets of $40K (revenue -10.7% year-over-year).
- 2019: Revenue of $127K, expenses of $124K, and assets of $41K (revenue +6.4% year-over-year).
- 2018: Revenue of $119K, expenses of $132K, and assets of $38K (revenue -3.8% year-over-year).
- 2017: Revenue of $124K, expenses of $133K, and assets of $52K (revenue -21.5% year-over-year).
- 2016: Revenue of $157K, expenses of $156K, and assets of $62K (revenue +22.0% year-over-year).
- 2015: Revenue of $129K, expenses of $138K, and assets of $60K (revenue -12.4% year-over-year).
- 2014: Revenue of $147K, expenses of $131K, and assets of $69K (revenue +15.2% year-over-year).
- 2013: Revenue of $128K, expenses of $133K, and assets of $53K (revenue -6.9% year-over-year).
- 2012: Revenue of $137K, expenses of $124K, and assets of $55K (revenue +20.0% year-over-year).
- 2011: Revenue of $114K, expenses of $122K, and assets of $53K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Christian Dance Studios Inc:
Data Sources and Methodology
This transparency report for Christian Dance Studios 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.