Excite Dance Company
Excite Dance Company: Consistent Revenue, Tight Margins, and Transparency Gaps
EIN: 222928658 · Greenville, RI · Updated: 2026-04-04
About Excite Dance Company
Excite Dance Company (EIN: 222928658) is a nonprofit organization based in Greenville, RI. The organization reported total revenue of $40K and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Excite Dance Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Excite Dance Company 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: 75%
- fundraising: 10%
According to IRS 990 filings, Excite Dance Company 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.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the available filings, making a specific assessment difficult beyond the overall expense figures.
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 Excite Dance Company's IRS 990 filings:
- Consistent net losses in recent years (e.g., $4,550 in 2023, $2,300 in 2022) indicate potential financial strain.
- Limited transparency regarding specific program spending and impact.
- Small asset base ($1,937 in 2023) suggests limited financial reserves.
Strengths
The following positive indicators were identified for Excite Dance Company:
- Stable revenue generation over the past several years, consistently around $40,000.
- Long operating history (data back to 2016) suggests resilience.
- Low liabilities ($6,454 in 2023) relative to revenue.
Frequently Asked Questions about Excite Dance Company
What does Excite Dance Company do?
Excite Dance Company is a nonprofit organization in the Unknown sector, located in Greenville, Rhode Island. It is classified under NTEE code Unknown.
How much revenue does Excite Dance Company have?
Excite Dance Company reported total revenue of $40,097. Based on 12 IRS 990 filings on record.
What are Excite Dance Company's total assets?
Excite Dance Company holds total assets of $1,937 as reported in IRS 990 filings.
Where is Excite Dance Company located?
Excite Dance Company is based in Greenville, Rhode Island.
What is Excite Dance Company's EIN?
Excite Dance Company's Employer Identification Number (EIN) is 222928658. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Excite Dance Company?
Excite Dance Company is classified under NTEE code Unknown (Unknown).
Is Excite Dance Company a registered 501(c)(3)?
Excite Dance Company appears in IRS records (EIN: 222928658). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Excite Dance Company file IRS Form 990?
Yes, Excite Dance Company has 12 IRS Form 990 filings on record. The most recent covers tax period 202305.
What was Excite Dance Company's revenue in 2023?
In the 202305 filing period, Excite Dance Company reported total revenue of $40,097, total expenses of $45,647, and net assets of $1,937.
Is Excite Dance Company's revenue growing or declining?
Excite Dance Company's revenue is relatively stable. Revenue went from $39,392 (202205) to $40,097 (202305), a +1.8% change. Based on 12 filings on record.
What is Excite Dance Company's most recent 990 filing?
The most recent IRS Form 990 filing for Excite Dance Company covers tax period 202305. It shows revenue of $40,097, expenses of $45,647, total assets of $1,937, and liabilities of $6,454.
How much does Excite Dance Company spend on programs vs administration?
Based on IRS 990 analysis, Excite Dance Company allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Excite Dance Company a trustworthy charity?
Based on AI analysis of IRS 990 data, Excite Dance Company shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Excite Dance Company?
The following concerns were identified: Consistent net losses in recent years (e.g., $4,550 in 2023, $2,300 in 2022) indicate potential financial strain.. Limited transparency regarding specific program spending and impact.. Small asset base ($1,937 in 2023) suggests limited financial reserves.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Excite Dance Company's strengths?
Positive indicators for Excite Dance Company include: Stable revenue generation over the past several years, consistently around $40,000.. Long operating history (data back to 2016) suggests resilience.. Low liabilities ($6,454 in 2023) relative to revenue.. These findings are derived from AI analysis of the organization's financial filings.
How does Excite Dance Company compensate executives?
Executive compensation is not explicitly detailed in the available filings, making a specific assessment difficult beyond the overall expense figures. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue but also consistent net losses, how does Excite Dance Company sustain its operations year-over-year?
The company likely relies on a combination of cash reserves, short-term financing, or in-kind donations not fully captured in the revenue figures to cover the gap between expenses and revenue, as evidenced by the small but fluctuating asset base.
What specific strategies could Excite Dance Company implement to improve its financial transparency and demonstrate its impact more effectively?
They could publish an annual report detailing program expenditures, participant numbers, and outcomes, along with a clear breakdown of administrative and fundraising costs, and consider a dedicated 'Impact' section on their website.
Filing History
IRS 990 filing history for Excite Dance Company showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Excite Dance Company's revenue has declined by 24.9%, moving from $53K to $40K. Total assets decreased by 76% over the same period, from $8K to $2K. Total functional expenses fell by 15.9%, from $54K to $46K. In its most recent filing year (2023), Excite Dance Company reported a deficit of $6K, with expenses exceeding revenue. The organization holds $6K in liabilities against $2K in assets (debt-to-asset ratio: 333.2%), resulting in net assets of $-4,517.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $40K | $46K | $2K | $6K | — | View 990 |
| 2022 | $39K | $38K | $7K | $6K | — | — |
| 2021 | $42K | $43K | $4K | $5K | — | — |
| 2020 | $40K | $42K | $4K | $4K | — | View 990 |
| 2019 | $64K | $63K | $5K | $2K | — | View 990 |
| 2018 | $79K | $81K | $2K | $0 | — | — |
| 2017 | $74K | $72K | $4K | $0 | — | View 990 |
| 2016 | $58K | $65K | $1K | $0 | — | View 990 |
| 2014 | $61K | $53K | $13K | $0 | — | View 990 |
| 2013 | $76K | $75K | $5K | $0 | — | View 990 |
| 2012 | $84K | $88K | $4K | $0 | — | View 990 |
| 2011 | $53K | $54K | $8K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $40K, expenses of $46K, and assets of $2K (revenue +1.8% year-over-year).
- 2022: Revenue of $39K, expenses of $38K, and assets of $7K (revenue -5.9% year-over-year).
- 2021: Revenue of $42K, expenses of $43K, and assets of $4K (revenue +4.3% year-over-year).
- 2020: Revenue of $40K, expenses of $42K, and assets of $4K (revenue -37.4% year-over-year).
- 2019: Revenue of $64K, expenses of $63K, and assets of $5K (revenue -18.9% year-over-year).
- 2018: Revenue of $79K, expenses of $81K, and assets of $2K (revenue +6.9% year-over-year).
- 2017: Revenue of $74K, expenses of $72K, and assets of $4K (revenue +28.0% year-over-year).
- 2016: Revenue of $58K, expenses of $65K, and assets of $1K (revenue -5.4% year-over-year).
- 2014: Revenue of $61K, expenses of $53K, and assets of $13K (revenue -19.6% year-over-year).
- 2013: Revenue of $76K, expenses of $75K, and assets of $5K (revenue -10.0% year-over-year).
- 2012: Revenue of $84K, expenses of $88K, and assets of $4K (revenue +58.1% year-over-year).
- 2011: Revenue of $53K, expenses of $54K, and assets of $8K.
Data Sources and Methodology
This transparency report for Excite Dance Company 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.