Dancing Spirit Inc
EIN: 452753491 · Ignacio, CO
| Metric | Value |
|---|---|
| Total Revenue | $311K |
| Total Expenses | $176K |
| Net Assets | $985K |
Is Dancing Spirit 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 Spirit Inc
Dancing Spirit Inc (EIN: 452753491) is a nonprofit organization based in Ignacio, CO. The organization reported total revenue of $311K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dancing Spirit Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dancing Spirit Inc is a small nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 39.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $176K |
| Surplus / Deficit | +$943K |
| Total Assets | $985K |
| Net Assets | $985K |
| Operating Margin | 84.2% |
| Months of Reserves | 67.1 months |
Financial Health Grade: A
In 2023, Dancing Spirit Inc reported a surplus of $943K with revenue exceeding expenses, holds 67.1 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2014–2023), Dancing Spirit Inc's revenue has grown at a compound annual growth rate (CAGR) of 39.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1168.7% | +164.7% | +2224.1% |
| 2022 | -39.5% | +40.5% | -67.7% |
| 2021 | +121.5% | +4.3% | +297.9% |
| 2020 | +5.8% | -23.2% | +160.8% |
| 2019 | +27.7% | +0.2% | +31.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Dancing Spirit 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 Spirit 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $943K, with revenue exceeding expenses.
Frequently Asked Questions about Dancing Spirit Inc
Is Dancing Spirit Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Dancing Spirit Inc (EIN: 452753491) insufficient data. 0 red flags identified, 0 strengths noted.
How does Dancing Spirit Inc spend its money?
Detailed spending breakdown data is not yet available for Dancing Spirit Inc. Check back for updated IRS 990 analysis.
Are donations to Dancing Spirit Inc tax-deductible?
Dancing Spirit Inc is registered as a tax-exempt nonprofit (EIN: 452753491). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Dancing Spirit Inc located?
Dancing Spirit Inc is headquartered in Ignacio, Colorado and files with the IRS under EIN 452753491.
How many years of IRS 990 filings does Dancing Spirit Inc have?
Dancing Spirit Inc has 10 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 $311K in total revenue.
Filing History
IRS 990 filing history for Dancing Spirit Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Dancing Spirit Inc's revenue has grown by 1929.3%, moving from $55K to $1.1M. Total assets increased by 13984% over the same period, from $7K to $985K. Total functional expenses rose by 246.4%, from $51K to $176K. In its most recent filing year (2023), Dancing Spirit Inc reported a surplus of $943K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $176K | $985K | $0 | — | — |
| 2022 | $88K | $67K | $42K | $0 | — | View 990 |
| 2021 | $146K | $47K | $131K | $0 | — | View 990 |
| 2020 | $66K | $45K | $33K | $0 | — | View 990 |
| 2019 | $62K | $59K | $13K | $0 | — | View 990 |
| 2018 | $49K | $59K | $10K | $10 | — | View 990 |
| 2017 | $54K | $50K | $20K | $3 | — | View 990 |
| 2016 | $54K | $45K | $16K | $38 | — | View 990 |
| 2015 | $48K | $48K | $7K | $94 | — | View 990 |
| 2014 | $55K | $51K | $7K | $234 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $176K, and assets of $985K (revenue +1168.7% year-over-year).
- 2022: Revenue of $88K, expenses of $67K, and assets of $42K (revenue -39.5% year-over-year).
- 2021: Revenue of $146K, expenses of $47K, and assets of $131K (revenue +121.5% year-over-year).
- 2020: Revenue of $66K, expenses of $45K, and assets of $33K (revenue +5.8% year-over-year).
- 2019: Revenue of $62K, expenses of $59K, and assets of $13K (revenue +27.7% year-over-year).
- 2018: Revenue of $49K, expenses of $59K, and assets of $10K (revenue -9.7% year-over-year).
- 2017: Revenue of $54K, expenses of $50K, and assets of $20K (revenue +0.5% year-over-year).
- 2016: Revenue of $54K, expenses of $45K, and assets of $16K (revenue +12.3% year-over-year).
- 2015: Revenue of $48K, expenses of $48K, and assets of $7K (revenue -13.4% year-over-year).
- 2014: Revenue of $55K, expenses of $51K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dancing Spirit Inc:
Data Sources and Methodology
This transparency report for Dancing Spirit 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.