Legacy Dance Academy Foundation
EIN: 264464607 · Springville, UT
| Metric | Value |
|---|---|
| Total Expenses | $110 |
| Net Assets | $97 |
Is Legacy Dance Academy Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Legacy Dance Academy Foundation
Legacy Dance Academy Foundation (EIN: 264464607) is a nonprofit organization based in Springville, UT. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Legacy Dance Academy Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Legacy Dance Academy Foundation is a micro nonprofit that has been operating for 16 years, with 2 years of IRS 990 filings on record (2011–2012). Revenue has grown at a compound annual rate of 100.0%.
Key Financial Metrics (2012)
From the most recent IRS 990 filing on record:
| Total Revenue | $200 |
| Total Expenses | $110 |
| Surplus / Deficit | +$90 |
| Total Assets | $97 |
| Net Assets | $97 |
| Operating Margin | 45.0% |
| Months of Reserves | 10.6 months |
Financial Health Grade: A
In 2012, Legacy Dance Academy Foundation reported a surplus of $90 with revenue exceeding expenses, holds 10.6 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2011–2012), Legacy Dance Academy Foundation's revenue has grown at a compound annual growth rate (CAGR) of 100.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2012 | +100.0% | +120.0% | +73.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Legacy Dance Academy Foundation 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 Legacy Dance Academy Foundation 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 (2012)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $90, with revenue exceeding expenses.
Frequently Asked Questions about Legacy Dance Academy Foundation
Is Legacy Dance Academy Foundation a legitimate charity?
Legacy Dance Academy Foundation (EIN: 264464607) is a registered tax-exempt nonprofit based in Utah. It has 2 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Legacy Dance Academy Foundation spend its money?
Legacy Dance Academy Foundation reported its financials in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Legacy Dance Academy Foundation tax-deductible?
Legacy Dance Academy Foundation is registered as a tax-exempt nonprofit (EIN: 264464607). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Legacy Dance Academy Foundation located?
Legacy Dance Academy Foundation is headquartered in Springville, Utah and files with the IRS under EIN 264464607.
How many years of IRS 990 filings does Legacy Dance Academy Foundation have?
Legacy Dance Academy Foundation has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Legacy Dance Academy Foundation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2011–2012), Legacy Dance Academy Foundation's revenue has grown by 100%, moving from $100 to $200. Total assets increased by 73.2% over the same period, from $56 to $97. Total functional expenses rose by 120%, from $50 to $110. In its most recent filing year (2012), Legacy Dance Academy Foundation reported a surplus of $90, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2012 | $200 | $110 | $97 | $0 | — | View 990 |
| 2011 | $100 | $50 | $56 | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Legacy Dance Academy Foundation:
Data Sources and Methodology
This transparency report for Legacy Dance Academy Foundation 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.