Ridgefield Conservatory Of Dance Inc
EIN: 562299798 · Ridgefield, CT
| Metric | Value |
|---|---|
| Total Revenue | $904K |
| Total Expenses | $637K |
| Net Assets | $670K |
Is Ridgefield Conservatory Of 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 Ridgefield Conservatory Of Dance Inc
Ridgefield Conservatory Of Dance Inc (EIN: 562299798) is a nonprofit organization based in Ridgefield, CT. The organization reported total revenue of $904K and total assets of $838K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ridgefield Conservatory Of Dance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ridgefield Conservatory Of Dance Inc is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $739K |
| Total Expenses | $637K |
| Surplus / Deficit | +$101K |
| Total Assets | $678K |
| Total Liabilities | $8K |
| Net Assets | $670K |
| Operating Margin | 13.7% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 12.8 months |
Financial Health Grade: A
In 2023, Ridgefield Conservatory Of Dance Inc reported a surplus of $101K with revenue exceeding expenses, holds 12.8 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ridgefield Conservatory Of Dance Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.8% | -3.8% | +17.2% |
| 2022 | +9.8% | +12.2% | +4.5% |
| 2021 | +1.6% | -0.1% | +11.8% |
| 2020 | -16.5% | -9.2% | +20.3% |
| 2019 | +19.2% | +9.1% | +39.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ridgefield Conservatory Of 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 Ridgefield Conservatory Of 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 surplus of $101K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.2%.
Frequently Asked Questions about Ridgefield Conservatory Of Dance Inc
Is Ridgefield Conservatory Of Dance Inc a legitimate charity?
Ridgefield Conservatory Of Dance Inc (EIN: 562299798) is a registered tax-exempt nonprofit based in Connecticut. It has 13 years of IRS 990 filings on record. Total revenue: $904K. No red flags identified. Financial health grade: A.
How does Ridgefield Conservatory Of Dance Inc spend its money?
Ridgefield Conservatory Of Dance Inc reported $904K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Ridgefield Conservatory Of Dance Inc tax-deductible?
Ridgefield Conservatory Of Dance Inc is registered as a tax-exempt nonprofit (EIN: 562299798). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ridgefield Conservatory Of Dance Inc located?
Ridgefield Conservatory Of Dance Inc is headquartered in Ridgefield, Connecticut and files with the IRS under EIN 562299798.
How many years of IRS 990 filings does Ridgefield Conservatory Of Dance Inc have?
Ridgefield Conservatory Of 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 $904K in total revenue.
Filing History
IRS 990 filing history for Ridgefield Conservatory Of Dance Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ridgefield Conservatory Of Dance Inc's revenue has grown by 86.4%, moving from $396K to $739K. Total assets increased by 443.4% over the same period, from $125K to $678K. Total functional expenses rose by 59.7%, from $399K to $637K. In its most recent filing year (2023), Ridgefield Conservatory Of Dance Inc reported a surplus of $101K, with revenue exceeding expenses. The organization holds $8K in liabilities against $678K in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $670K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $739K | $637K | $678K | $8K | — | — |
| 2022 | $719K | $663K | $578K | $15K | — | View 990 |
| 2021 | $655K | $591K | $554K | $48K | — | View 990 |
| 2020 | $645K | $591K | $495K | $53K | — | — |
| 2019 | $772K | $651K | $412K | $23K | — | View 990 |
| 2018 | $648K | $597K | $295K | $27K | — | View 990 |
| 2017 | $615K | $568K | $274K | $56K | — | View 990 |
| 2016 | $555K | $520K | $273K | $103K | — | View 990 |
| 2015 | $549K | $522K | $283K | $147K | — | View 990 |
| 2014 | $477K | $465K | $246K | $137K | — | View 990 |
| 2013 | $477K | $478K | $260K | $164K | — | View 990 |
| 2012 | $411K | $421K | $105K | $7K | — | View 990 |
| 2011 | $396K | $399K | $125K | $16K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $739K, expenses of $637K, and assets of $678K (revenue +2.8% year-over-year).
- 2022: Revenue of $719K, expenses of $663K, and assets of $578K (revenue +9.8% year-over-year).
- 2021: Revenue of $655K, expenses of $591K, and assets of $554K (revenue +1.6% year-over-year).
- 2020: Revenue of $645K, expenses of $591K, and assets of $495K (revenue -16.5% year-over-year).
- 2019: Revenue of $772K, expenses of $651K, and assets of $412K (revenue +19.2% year-over-year).
- 2018: Revenue of $648K, expenses of $597K, and assets of $295K (revenue +5.3% year-over-year).
- 2017: Revenue of $615K, expenses of $568K, and assets of $274K (revenue +10.7% year-over-year).
- 2016: Revenue of $555K, expenses of $520K, and assets of $273K (revenue +1.1% year-over-year).
- 2015: Revenue of $549K, expenses of $522K, and assets of $283K (revenue +15.3% year-over-year).
- 2014: Revenue of $477K, expenses of $465K, and assets of $246K (revenue -0.1% year-over-year).
- 2013: Revenue of $477K, expenses of $478K, and assets of $260K (revenue +16.1% year-over-year).
- 2012: Revenue of $411K, expenses of $421K, and assets of $105K (revenue +3.6% year-over-year).
- 2011: Revenue of $396K, expenses of $399K, and assets of $125K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ridgefield Conservatory Of Dance Inc:
Data Sources and Methodology
This transparency report for Ridgefield Conservatory Of 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.