Moving Forward Contemporary Asian American Dance Co
EIN: 522021448 · Washington, DC · NTEE: A620
| Metric | Value |
|---|---|
| Total Revenue | $741K |
| Total Expenses | $796K |
| Net Assets | $437K |
Is Moving Forward Contemporary Asian American Dance Co Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Moving Forward Contemporary Asian American Dance Co
Moving Forward Contemporary Asian American Dance Co (EIN: 522021448) is a nonprofit organization based in Washington, DC, classified under NTEE code A620. The organization reported total revenue of $741K and total assets of $399K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Moving Forward Contemporary Asian American Dance Co's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Moving Forward Contemporary Asian American Dance Co is a small nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $666K |
| Total Expenses | $796K |
| Surplus / Deficit | $-130,061 |
| Total Assets | $466K |
| Total Liabilities | $30K |
| Net Assets | $437K |
| Operating Margin | -19.5% |
| Debt-to-Asset Ratio | 6.3% |
| Months of Reserves | 7.0 months |
Financial Health Grade: B
In 2023, Moving Forward Contemporary Asian American Dance Co reported a deficit of $130K with expenses exceeding revenue, holds 7.0 months of operating reserves (strong position), has a debt-to-asset ratio of 6.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Moving Forward Contemporary Asian American Dance Co's revenue has grown at a compound annual growth rate (CAGR) of 9.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.0% | +37.0% | -17.6% |
| 2022 | +11.4% | +53.8% | +2.0% |
| 2021 | +23.3% | +22.9% | +46.7% |
| 2020 | +2.6% | -11.6% | +56.2% |
| 2019 | +16.6% | -0.2% | +56.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Moving Forward Contemporary Asian American Dance Co 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 Moving Forward Contemporary Asian American Dance Co 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 $130K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.3%.
Frequently Asked Questions about Moving Forward Contemporary Asian American Dance Co
Is Moving Forward Contemporary Asian American Dance Co a legitimate charity?
Moving Forward Contemporary Asian American Dance Co (EIN: 522021448) is a registered tax-exempt nonprofit based in Washington DC. It has 13 years of IRS 990 filings on record. Total revenue: $741K. No red flags identified. Financial health grade: B.
How does Moving Forward Contemporary Asian American Dance Co spend its money?
Moving Forward Contemporary Asian American Dance Co reported $741K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Moving Forward Contemporary Asian American Dance Co tax-deductible?
Moving Forward Contemporary Asian American Dance Co is registered as a tax-exempt nonprofit (EIN: 522021448). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Moving Forward Contemporary Asian American Dance Co located?
Moving Forward Contemporary Asian American Dance Co is headquartered in Washington, Washington DC and files with the IRS under EIN 522021448. It is classified under NTEE code A620.
How many years of IRS 990 filings does Moving Forward Contemporary Asian American Dance Co have?
Moving Forward Contemporary Asian American Dance Co 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 $741K in total revenue.
Filing History
IRS 990 filing history for Moving Forward Contemporary Asian American Dance Co showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Moving Forward Contemporary Asian American Dance Co's revenue has grown by 210.9%, moving from $214K to $666K. Total assets increased by 345.5% over the same period, from $105K to $466K. Total functional expenses rose by 301.2%, from $198K to $796K. In its most recent filing year (2023), Moving Forward Contemporary Asian American Dance Co reported a deficit of $130K, with expenses exceeding revenue. The organization holds $30K in liabilities against $466K in assets (debt-to-asset ratio: 6.3%), resulting in net assets of $437K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $666K | $796K | $466K | $30K | — | View 990 |
| 2022 | $611K | $581K | $566K | $22K | — | View 990 |
| 2021 | $548K | $378K | $555K | $19K | — | — |
| 2020 | $445K | $307K | $378K | $17K | — | View 990 |
| 2019 | $434K | $348K | $242K | $18K | — | View 990 |
| 2018 | $372K | $348K | $155K | $16K | — | View 990 |
| 2017 | $322K | $283K | $122K | $8K | — | — |
| 2016 | $249K | $233K | $98K | $22K | — | View 990 |
| 2015 | $209K | $279K | $80K | $20K | — | View 990 |
| 2014 | $292K | $282K | $150K | $20K | — | View 990 |
| 2013 | $287K | $214K | $139K | $19K | — | View 990 |
| 2012 | $192K | $231K | $66K | $19K | — | View 990 |
| 2011 | $214K | $198K | $105K | $18K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $666K, expenses of $796K, and assets of $466K (revenue +9.0% year-over-year).
- 2022: Revenue of $611K, expenses of $581K, and assets of $566K (revenue +11.4% year-over-year).
- 2021: Revenue of $548K, expenses of $378K, and assets of $555K (revenue +23.3% year-over-year).
- 2020: Revenue of $445K, expenses of $307K, and assets of $378K (revenue +2.6% year-over-year).
- 2019: Revenue of $434K, expenses of $348K, and assets of $242K (revenue +16.6% year-over-year).
- 2018: Revenue of $372K, expenses of $348K, and assets of $155K (revenue +15.5% year-over-year).
- 2017: Revenue of $322K, expenses of $283K, and assets of $122K (revenue +29.5% year-over-year).
- 2016: Revenue of $249K, expenses of $233K, and assets of $98K (revenue +18.9% year-over-year).
- 2015: Revenue of $209K, expenses of $279K, and assets of $80K (revenue -28.3% year-over-year).
- 2014: Revenue of $292K, expenses of $282K, and assets of $150K (revenue +1.8% year-over-year).
- 2013: Revenue of $287K, expenses of $214K, and assets of $139K (revenue +49.0% year-over-year).
- 2012: Revenue of $192K, expenses of $231K, and assets of $66K (revenue -10.2% year-over-year).
- 2011: Revenue of $214K, expenses of $198K, and assets of $105K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Moving Forward Contemporary Asian American Dance Co:
Data Sources and Methodology
This transparency report for Moving Forward Contemporary Asian American Dance Co 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.