Dancing Daughters Ministry Inc
EIN: 821555424 · King, NC · NTEE: X21
Is Dancing Daughters Ministry Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Dancing Daughters Ministry Inc
Dancing Daughters Ministry Inc (EIN: 821555424) is a nonprofit organization based in King, NC, classified under NTEE code X21. The organization reported total revenue of $373K and total assets of $606K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dancing Daughters Ministry Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dancing Daughters Ministry Inc is a small nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2018–2024). Revenue has grown at a compound annual rate of 29.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $294K |
| Total Expenses | $260K |
| Surplus / Deficit | +$35K |
| Total Assets | $610K |
| Total Liabilities | $325K |
| Net Assets | $284K |
| Operating Margin | 11.7% |
| Debt-to-Asset Ratio | 53.4% |
| Months of Reserves | 28.2 months |
Financial Health Grade: A
In 2024, Dancing Daughters Ministry Inc reported a surplus of $35K with revenue exceeding expenses, holds 28.2 months of operating reserves (strong position), has a debt-to-asset ratio of 53.4% (high leverage).
Financial Trends
Over 7 years of filings (2018–2024), Dancing Daughters Ministry Inc's revenue has grown at a compound annual growth rate (CAGR) of 29.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +3.4% | +43.2% | -1.6% |
| 2023 | +22.5% | +41.0% | +15.9% |
| 2022 | +93.5% | +28.6% | +18.9% |
| 2021 | +6.6% | -5.9% | +1845.3% |
| 2020 | +28.6% | +27.0% | +37.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Dancing Daughters Ministry Inc 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 Dancing Daughters Ministry Inc 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 surplus of $35K, with revenue exceeding expenses.
- Debt-to-asset ratio: 53.4%.
Frequently Asked Questions about Dancing Daughters Ministry Inc
Is Dancing Daughters Ministry Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Dancing Daughters Ministry Inc (EIN: 821555424) insufficient data. 0 red flags identified, 0 strengths noted.
How does Dancing Daughters Ministry Inc spend its money?
Detailed spending breakdown data is not yet available for Dancing Daughters Ministry Inc. Check back for updated IRS 990 analysis.
Are donations to Dancing Daughters Ministry Inc tax-deductible?
Dancing Daughters Ministry Inc is registered as a tax-exempt nonprofit (EIN: 821555424). 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 Dancing Daughters Ministry Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2018–2024), Dancing Daughters Ministry Inc's revenue has grown by 372.2%, moving from $62K to $294K. Total assets increased by 4563.5% over the same period, from $13K to $610K. Total functional expenses rose by 427.5%, from $49K to $260K. In its most recent filing year (2024), Dancing Daughters Ministry Inc reported a surplus of $35K, with revenue exceeding expenses. The organization holds $325K in liabilities against $610K in assets (debt-to-asset ratio: 53.4%), resulting in net assets of $284K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $294K | $260K | $610K | $325K | — | — |
| 2023 | $285K | $181K | $620K | $370K | — | View 990 |
| 2022 | $232K | $129K | $535K | $388K | — | View 990 |
| 2021 | $120K | $100K | $450K | $407K | — | View 990 |
| 2020 | $113K | $106K | $23K | $0 | — | View 990 |
| 2019 | $88K | $84K | $17K | $0 | — | View 990 |
| 2018 | $62K | $49K | $13K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $294K, expenses of $260K, and assets of $610K (revenue +3.4% year-over-year).
- 2023: Revenue of $285K, expenses of $181K, and assets of $620K (revenue +22.5% year-over-year).
- 2022: Revenue of $232K, expenses of $129K, and assets of $535K (revenue +93.5% year-over-year).
- 2021: Revenue of $120K, expenses of $100K, and assets of $450K (revenue +6.6% year-over-year).
- 2020: Revenue of $113K, expenses of $106K, and assets of $23K (revenue +28.6% year-over-year).
- 2019: Revenue of $88K, expenses of $84K, and assets of $17K (revenue +40.4% year-over-year).
- 2018: Revenue of $62K, expenses of $49K, and assets of $13K.
Data Sources and Methodology
This transparency report for Dancing Daughters Ministry 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.