Lydia Johnson Dance Inc
EIN: 542080734 · South Orange, NJ · NTEE: A62
| Metric | Value |
|---|---|
| Total Revenue | $272K |
| Total Expenses | $235K |
| Net Assets | $29K |
Is Lydia Johnson Dance Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lydia Johnson Dance Inc
Lydia Johnson Dance Inc (EIN: 542080734) is a nonprofit organization based in South Orange, NJ, classified under NTEE code A62. The organization reported total revenue of $272K and total assets of $59K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lydia Johnson Dance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lydia Johnson Dance Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $219K |
| Total Expenses | $235K |
| Surplus / Deficit | $-15,528 |
| Total Assets | $29K |
| Net Assets | $29K |
| Operating Margin | -7.1% |
| Months of Reserves | 1.5 months |
Financial Health Grade: C
In 2023, Lydia Johnson Dance Inc reported a deficit of $16K with expenses exceeding revenue, holds 1.5 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Lydia Johnson Dance Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +31.2% | +18.2% | -34.6% |
| 2022 | +14.4% | +39.0% | -41.2% |
| 2021 | -18.2% | -26.6% | +58.0% |
| 2020 | -30.1% | -24.5% | +19.2% |
| 2019 | -0.6% | +17.3% | -11.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lydia Johnson Dance 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 Lydia Johnson Dance 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 $16K, with expenses exceeding revenue.
Frequently Asked Questions about Lydia Johnson Dance Inc
Is Lydia Johnson Dance Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lydia Johnson Dance Inc (EIN: 542080734) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lydia Johnson Dance Inc spend its money?
Detailed spending breakdown data is not yet available for Lydia Johnson Dance Inc. Check back for updated IRS 990 analysis.
Are donations to Lydia Johnson Dance Inc tax-deductible?
Lydia Johnson Dance Inc is registered as a tax-exempt nonprofit (EIN: 542080734). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lydia Johnson Dance Inc located?
Lydia Johnson Dance Inc is headquartered in South Orange, New Jersey and files with the IRS under EIN 542080734. It is classified under NTEE code A62.
How many years of IRS 990 filings does Lydia Johnson Dance Inc have?
Lydia Johnson Dance Inc has 13 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 $272K in total revenue.
Filing History
IRS 990 filing history for Lydia Johnson Dance Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lydia Johnson Dance Inc's revenue has declined by 4.1%, moving from $229K to $219K. Total assets increased by 21.2% over the same period, from $24K to $29K. Total functional expenses rose by 11.8%, from $210K to $235K. In its most recent filing year (2023), Lydia Johnson Dance Inc reported a deficit of $16K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $219K | $235K | $29K | $0 | — | View 990 |
| 2022 | $167K | $199K | $45K | $0 | — | View 990 |
| 2021 | $146K | $143K | $76K | $25K | — | View 990 |
| 2020 | $179K | $195K | $48K | $24K | — | View 990 |
| 2019 | $256K | $258K | $41K | $0 | — | View 990 |
| 2018 | $257K | $220K | $46K | $3K | — | View 990 |
| 2017 | $244K | $235K | $30K | $24K | — | View 990 |
| 2016 | $236K | $234K | $7K | $11K | — | View 990 |
| 2015 | $263K | $261K | $11K | $14K | — | View 990 |
| 2014 | $262K | $262K | $12K | $13K | — | View 990 |
| 2013 | $269K | $269K | $17K | $16K | — | View 990 |
| 2012 | $196K | $196K | $19K | $18K | — | View 990 |
| 2011 | $229K | $210K | $24K | $23K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $219K, expenses of $235K, and assets of $29K (revenue +31.2% year-over-year).
- 2022: Revenue of $167K, expenses of $199K, and assets of $45K (revenue +14.4% year-over-year).
- 2021: Revenue of $146K, expenses of $143K, and assets of $76K (revenue -18.2% year-over-year).
- 2020: Revenue of $179K, expenses of $195K, and assets of $48K (revenue -30.1% year-over-year).
- 2019: Revenue of $256K, expenses of $258K, and assets of $41K (revenue -0.6% year-over-year).
- 2018: Revenue of $257K, expenses of $220K, and assets of $46K (revenue +5.4% year-over-year).
- 2017: Revenue of $244K, expenses of $235K, and assets of $30K (revenue +3.4% year-over-year).
- 2016: Revenue of $236K, expenses of $234K, and assets of $7K (revenue -10.3% year-over-year).
- 2015: Revenue of $263K, expenses of $261K, and assets of $11K (revenue +0.4% year-over-year).
- 2014: Revenue of $262K, expenses of $262K, and assets of $12K (revenue -2.6% year-over-year).
- 2013: Revenue of $269K, expenses of $269K, and assets of $17K (revenue +37.0% year-over-year).
- 2012: Revenue of $196K, expenses of $196K, and assets of $19K (revenue -14.1% year-over-year).
- 2011: Revenue of $229K, expenses of $210K, and assets of $24K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lydia Johnson Dance Inc:
Data Sources and Methodology
This transparency report for Lydia Johnson Dance 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.