Reno Dance Company Inc
Reno Dance Company Inc consistently operates near break-even with no officer compensation reported.
EIN: 200617371 · Sparks, NV · NTEE: A60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $311K |
| Total Expenses | $281K |
| Program Spending | 80% |
| Net Assets | $8K |
| Transparency Score | 85/100 |
Is Reno Dance Company Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Reno Dance Company Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Reno Dance Company Inc
Reno Dance Company Inc (EIN: 200617371) is a nonprofit organization based in Sparks, NV, classified under NTEE code A60. The organization reported total revenue of $311K and total assets of $21K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Reno Dance Company Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Reno Dance Company Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $283K |
| Total Expenses | $281K |
| Surplus / Deficit | +$2K |
| Total Assets | $15K |
| Total Liabilities | $6K |
| Net Assets | $8K |
| Operating Margin | 0.9% |
| Debt-to-Asset Ratio | 42.1% |
| Months of Reserves | 0.6 months |
Financial Health Grade: A
In 2023, Reno Dance Company Inc reported a surplus of $2K with revenue exceeding expenses, holds 0.6 months of operating reserves (limited), has a debt-to-asset ratio of 42.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Reno Dance Company Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +65.1% | +55.5% | -2.9% |
| 2022 | +56.8% | +65.7% | -28.2% |
| 2021 | -50.0% | -52.5% | +11.6% |
| 2020 | -20.5% | -17.5% | -32.6% |
| 2019 | -6.3% | +0.5% | -15.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1230 |
| IRS Ruling Date | 2006 |
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 Reno Dance Company Inc 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Reno Dance Company Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 42.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other means not classified as officer compensation, which is a strong positive for resource allocation.
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 Reno Dance Company Inc's IRS 990 filings:
- Limited financial reserves given modest asset base ($21,275) relative to annual expenses (e.g., $280,812 in 2023).
Strengths
The following positive indicators were identified for Reno Dance Company Inc:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for mission.
- Strong program focus implied by near break-even operations and lack of executive salaries.
- Good transparency with 13 IRS 990 filings available over the years.
- Consistent operational activity over a decade, demonstrating sustainability.
Frequently Asked Questions about Reno Dance Company Inc
Is Reno Dance Company Inc a legitimate charity?
Reno Dance Company Inc (EIN: 200617371) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $311K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Reno Dance Company Inc spend its money?
Reno Dance Company Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Reno Dance Company Inc tax-deductible?
Reno Dance Company Inc is registered as a tax-exempt nonprofit (EIN: 200617371). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Reno Dance Company Inc's spending goes to programs?
Reno Dance Company Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Reno Dance Company Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Reno Dance Company Inc is above average for NTEE category A60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Reno Dance Company Inc located?
Reno Dance Company Inc is headquartered in Sparks, Nevada and files with the IRS under EIN 200617371. It is classified under NTEE code A60.
How many years of IRS 990 filings does Reno Dance Company Inc have?
Reno Dance Company 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 $311K in total revenue.
Is Reno Dance Company Inc financially stable?
Reno Dance Company Inc appears stable, consistently operating near break-even with revenues generally covering expenses. However, its modest asset base ($21,275) suggests limited financial reserves for unexpected events or significant expansion.
How does Reno Dance Company Inc manage executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings, indicating that no salaries are paid to officers, which is a highly efficient use of funds.
What is the trend in Reno Dance Company Inc's revenue?
Revenue has fluctuated over the past decade, from a low of $109,429 in 2021 to a high of $294,102 in 2018, with the latest reported revenue at $311,005, showing some variability but generally maintaining a similar operational scale.
Does Reno Dance Company Inc have significant assets?
No, the organization has modest assets, with the latest reported at $21,275. This is typical for a smaller nonprofit and suggests that most funds are expended on current operations rather than accumulated.
Is Reno Dance Company Inc transparent with its finances?
Yes, the organization has a strong filing history with 13 IRS 990 filings available, demonstrating good transparency in reporting its financial activities.
Filing History
IRS 990 filing history for Reno Dance Company Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Reno Dance Company Inc's revenue has grown by 141.6%, moving from $117K to $283K. Total assets decreased by 14% over the same period, from $17K to $15K. Total functional expenses rose by 165.2%, from $106K to $281K. In its most recent filing year (2023), Reno Dance Company Inc reported a surplus of $2K, with revenue exceeding expenses. The organization holds $6K in liabilities against $15K in assets (debt-to-asset ratio: 42.1%), resulting in net assets of $8K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $283K | $281K | $15K | $6K | — | — |
| 2022 | $172K | $181K | $15K | $9K | — | — |
| 2021 | $109K | $109K | $21K | $6K | — | View 990 |
| 2020 | $219K | $229K | $19K | $4K | — | — |
| 2019 | $275K | $278K | $28K | $3K | — | View 990 |
| 2018 | $294K | $277K | $33K | $5K | — | View 990 |
| 2017 | $266K | $275K | $17K | $7K | — | View 990 |
| 2016 | $262K | $270K | $27K | $8K | — | View 990 |
| 2015 | $236K | $245K | $31K | $4K | — | View 990 |
| 2014 | $226K | $194K | $40K | $4K | — | View 990 |
| 2013 | $123K | $133K | $4K | $764 | — | View 990 |
| 2012 | $96K | $97K | $14K | $772 | — | View 990 |
| 2011 | $117K | $106K | $17K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $283K, expenses of $281K, and assets of $15K (revenue +65.1% year-over-year).
- 2022: Revenue of $172K, expenses of $181K, and assets of $15K (revenue +56.8% year-over-year).
- 2021: Revenue of $109K, expenses of $109K, and assets of $21K (revenue -50.0% year-over-year).
- 2020: Revenue of $219K, expenses of $229K, and assets of $19K (revenue -20.5% year-over-year).
- 2019: Revenue of $275K, expenses of $278K, and assets of $28K (revenue -6.3% year-over-year).
- 2018: Revenue of $294K, expenses of $277K, and assets of $33K (revenue +10.6% year-over-year).
- 2017: Revenue of $266K, expenses of $275K, and assets of $17K (revenue +1.3% year-over-year).
- 2016: Revenue of $262K, expenses of $270K, and assets of $27K (revenue +11.0% year-over-year).
- 2015: Revenue of $236K, expenses of $245K, and assets of $31K (revenue +4.5% year-over-year).
- 2014: Revenue of $226K, expenses of $194K, and assets of $40K (revenue +84.6% year-over-year).
- 2013: Revenue of $123K, expenses of $133K, and assets of $4K (revenue +27.3% year-over-year).
- 2012: Revenue of $96K, expenses of $97K, and assets of $14K (revenue -17.8% year-over-year).
- 2011: Revenue of $117K, expenses of $106K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Reno Dance Company Inc:
Data Sources and Methodology
This transparency report for Reno Dance Company 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.