Derby City Boogie Dancers Inc
EIN: 811017199 · Louisville, KY · NTEE: A62
| Metric | Value |
|---|---|
| Total Revenue | $93K |
| Total Expenses | $84K |
| Net Assets | $45K |
Is Derby City Boogie Dancers Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Derby City Boogie Dancers Inc
Derby City Boogie Dancers Inc (EIN: 811017199) is a nonprofit organization based in Louisville, KY, classified under NTEE code A62. The organization reported total revenue of $93K and total assets of $40K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Derby City Boogie Dancers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Derby City Boogie Dancers Inc is a micro nonprofit that has been operating for 10 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of -2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $83K |
| Total Expenses | $84K |
| Surplus / Deficit | $-316 |
| Total Assets | $74K |
| Total Liabilities | $28K |
| Net Assets | $45K |
| Operating Margin | -0.4% |
| Debt-to-Asset Ratio | 38.4% |
| Months of Reserves | 10.6 months |
Financial Health Grade: B
In 2023, Derby City Boogie Dancers Inc reported a deficit of $316 with expenses exceeding revenue, holds 10.6 months of operating reserves (strong position), has a debt-to-asset ratio of 38.4% (moderate leverage).
Financial Trends
Over 7 years of filings (2017–2023), Derby City Boogie Dancers Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.9% | +16.4% | -6.1% |
| 2022 | +72.6% | +40.0% | +54.7% |
| 2021 | +179.5% | +258.7% | -35.6% |
| 2020 | -74.6% | -77.5% | -10.6% |
| 2019 | -25.5% | -21.2% | +6.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Derby City Boogie Dancers 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 Derby City Boogie Dancers 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 deficit of $316, with expenses exceeding revenue.
- Debt-to-asset ratio: 38.4%.
Frequently Asked Questions about Derby City Boogie Dancers Inc
Is Derby City Boogie Dancers Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Derby City Boogie Dancers Inc (EIN: 811017199) insufficient data. 0 red flags identified, 0 strengths noted.
How does Derby City Boogie Dancers Inc spend its money?
Detailed spending breakdown data is not yet available for Derby City Boogie Dancers Inc. Check back for updated IRS 990 analysis.
Are donations to Derby City Boogie Dancers Inc tax-deductible?
Derby City Boogie Dancers Inc is registered as a tax-exempt nonprofit (EIN: 811017199). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Derby City Boogie Dancers Inc located?
Derby City Boogie Dancers Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 811017199. It is classified under NTEE code A62.
How many years of IRS 990 filings does Derby City Boogie Dancers Inc have?
Derby City Boogie Dancers Inc has 7 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 $93K in total revenue.
Filing History
IRS 990 filing history for Derby City Boogie Dancers Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Derby City Boogie Dancers Inc's revenue has declined by 16.4%, moving from $100K to $83K. Total assets decreased by 9.4% over the same period, from $81K to $74K. Total functional expenses fell by 19.4%, from $104K to $84K. In its most recent filing year (2023), Derby City Boogie Dancers Inc reported a deficit of $316, with expenses exceeding revenue. The organization holds $28K in liabilities against $74K in assets (debt-to-asset ratio: 38.4%), resulting in net assets of $45K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $83K | $84K | $74K | $28K | — | — |
| 2022 | $75K | $72K | $78K | $33K | — | View 990 |
| 2021 | $43K | $51K | $51K | $8K | — | View 990 |
| 2020 | $15K | $14K | $79K | $28K | — | — |
| 2019 | $61K | $64K | $88K | $38K | — | View 990 |
| 2018 | $82K | $81K | $83K | $30K | — | View 990 |
| 2017 | $100K | $104K | $81K | $29K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $83K, expenses of $84K, and assets of $74K (revenue +11.9% year-over-year).
- 2022: Revenue of $75K, expenses of $72K, and assets of $78K (revenue +72.6% year-over-year).
- 2021: Revenue of $43K, expenses of $51K, and assets of $51K (revenue +179.5% year-over-year).
- 2020: Revenue of $15K, expenses of $14K, and assets of $79K (revenue -74.6% year-over-year).
- 2019: Revenue of $61K, expenses of $64K, and assets of $88K (revenue -25.5% year-over-year).
- 2018: Revenue of $82K, expenses of $81K, and assets of $83K (revenue -18.1% year-over-year).
- 2017: Revenue of $100K, expenses of $104K, and assets of $81K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Derby City Boogie Dancers Inc:
Data Sources and Methodology
This transparency report for Derby City Boogie Dancers 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.