Purelements An Evolution In Dance
Purelements An Evolution In Dance achieved a positive operating margin in its latest fiscal year after two years of deficit spending, with no reported officer compensation.
EIN: 205332584 · Brooklyn, NY · NTEE: A62 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $3.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $96K |
| Transparency Score | 85/100 |
Is Purelements An Evolution In Dance Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Purelements An Evolution In Dance directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Purelements An Evolution In Dance
Purelements An Evolution In Dance (EIN: 205332584) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code A62. The organization reported total revenue of $1.9M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Purelements An Evolution In Dance's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Purelements An Evolution In Dance is a mid-size nonprofit that has been operating for 18 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.5M |
| Total Expenses | $3.0M |
| Surplus / Deficit | +$477K |
| Total Assets | $581K |
| Total Liabilities | $485K |
| Net Assets | $96K |
| Operating Margin | 13.6% |
| Debt-to-Asset Ratio | 83.5% |
| Months of Reserves | 2.3 months |
Financial Health Grade: B
In 2023, Purelements An Evolution In Dance reported a surplus of $477K with revenue exceeding expenses, holds 2.3 months of operating reserves (limited), has a debt-to-asset ratio of 83.5% (high leverage).
Financial Trends
Over 11 years of filings (2011–2023), Purelements An Evolution In Dance's revenue has grown at a compound annual growth rate (CAGR) of 13.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.6% | -3.5% | +4.2% |
| 2022 | +45.8% | +34.5% | -33.7% |
| 2021 | -19.3% | -3.7% | -23.3% |
| 2020 | -11.8% | -2.7% | +50.4% |
| 2019 | +55.0% | +50.8% | +33.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Purelements An Evolution In Dance with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Purelements An Evolution In Dance allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $477K, with revenue exceeding expenses.
- Debt-to-asset ratio: 83.5%.
Executive Compensation Analysis
Purelements An Evolution In Dance consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly unusual for an organization of its size with revenues exceeding $3 million.
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 Purelements An Evolution In Dance's IRS 990 filings:
- Two consecutive years of deficit spending (202106, 202206) prior to the latest filing.
- Significant fluctuation in assets and liabilities over recent years, indicating potential volatility.
Strengths
The following positive indicators were identified for Purelements An Evolution In Dance:
- Consistent reporting of 0% officer compensation, demonstrating strong commitment to mission-focused spending.
- Positive operating margin in the latest fiscal year (202306), reversing previous deficit trends.
- Substantial revenue growth from $1,928,061 in 202106 to $3,502,976 in 202306.
Frequently Asked Questions about Purelements An Evolution In Dance
Is Purelements An Evolution In Dance a legitimate charity?
Purelements An Evolution In Dance (EIN: 205332584) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 11 years of IRS 990 filings on record. Total revenue: $1.9M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Purelements An Evolution In Dance spend its money?
Purelements An Evolution In Dance directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Purelements An Evolution In Dance tax-deductible?
Purelements An Evolution In Dance is registered as a tax-exempt nonprofit (EIN: 205332584). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Purelements An Evolution In Dance CEO make?
Purelements An Evolution In Dance's highest-compensated officer earns $3 annually. The organization reported $1.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Purelements An Evolution In Dance's spending goes to programs?
Purelements An Evolution In Dance directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Purelements An Evolution In Dance compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Purelements An Evolution In Dance is above average for NTEE category A62 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Purelements An Evolution In Dance located?
Purelements An Evolution In Dance is headquartered in Brooklyn, New York and files with the IRS under EIN 205332584. It is classified under NTEE code A62.
How many years of IRS 990 filings does Purelements An Evolution In Dance have?
Purelements An Evolution In Dance has 11 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 $1.9M in total revenue.
Is Purelements An Evolution In Dance financially stable?
The organization's financial stability has fluctuated. While it experienced deficit spending in 202106 and 202206, its latest filing (202306) shows a positive operating margin with revenue of $3,502,976 exceeding expenses of $3,026,117, indicating improved financial health.
How does Purelements An Evolution In Dance manage executive compensation?
Purelements An Evolution In Dance reports 0% officer compensation in all available IRS 990 filings, meaning no salaries are paid to its officers, which is a strong indicator of resource allocation directly to its mission.
What is the trend in Purelements An Evolution In Dance's assets and liabilities?
Assets have fluctuated, peaking at $1,096,924 in 202006 and standing at $580,754 in 202306. Liabilities saw a significant increase to $938,337 in 202206 but were reduced to $484,938 in 202306, suggesting an effort to manage debt.
Filing History
IRS 990 filing history for Purelements An Evolution In Dance showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Purelements An Evolution In Dance's revenue has grown by 361.9%, moving from $758K to $3.5M. Total assets increased by 167.7% over the same period, from $217K to $581K. Total functional expenses rose by 304.6%, from $748K to $3.0M. In its most recent filing year (2023), Purelements An Evolution In Dance reported a surplus of $477K, with revenue exceeding expenses. The organization holds $485K in liabilities against $581K in assets (debt-to-asset ratio: 83.5%), resulting in net assets of $96K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.5M | $3.0M | $581K | $485K | — | — |
| 2022 | $2.8M | $3.1M | $557K | $938K | — | View 990 |
| 2021 | $1.9M | $2.3M | $841K | $863K | — | View 990 |
| 2020 | $2.4M | $2.4M | $1.1M | $772K | — | — |
| 2019 | $2.7M | $2.5M | $729K | $196K | — | View 990 |
| 2017 | $1.7M | $1.7M | $548K | $171K | — | View 990 |
| 2015 | $1.6M | $1.5M | $524K | $209K | — | View 990 |
| 2014 | $735K | $764K | $204K | $62K | — | View 990 |
| 2013 | $605K | $503K | $241K | $57K | — | View 990 |
| 2012 | $673K | $718K | $115K | $42K | — | View 990 |
| 2011 | $758K | $748K | $217K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.5M, expenses of $3.0M, and assets of $581K (revenue +24.6% year-over-year).
- 2022: Revenue of $2.8M, expenses of $3.1M, and assets of $557K (revenue +45.8% year-over-year).
- 2021: Revenue of $1.9M, expenses of $2.3M, and assets of $841K (revenue -19.3% year-over-year).
- 2020: Revenue of $2.4M, expenses of $2.4M, and assets of $1.1M (revenue -11.8% year-over-year).
- 2019: Revenue of $2.7M, expenses of $2.5M, and assets of $729K (revenue +55.0% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.7M, and assets of $548K (revenue +6.9% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.5M, and assets of $524K (revenue +122.2% year-over-year).
- 2014: Revenue of $735K, expenses of $764K, and assets of $204K (revenue +21.4% year-over-year).
- 2013: Revenue of $605K, expenses of $503K, and assets of $241K (revenue -10.0% year-over-year).
- 2012: Revenue of $673K, expenses of $718K, and assets of $115K (revenue -11.3% year-over-year).
- 2011: Revenue of $758K, expenses of $748K, and assets of $217K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Purelements An Evolution In Dance:
Data Sources and Methodology
This transparency report for Purelements An Evolution In Dance 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.