Southridge Instrumental Music And Dance Ensembles Inc
Southridge Instrumental Music And Dance Ensembles Inc frequently spends more than it earns, relying on past reserves.
EIN: 205998294 · Beaverton, OR · NTEE: B112 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $60K |
| Total Expenses | $57K |
| Program Spending | 80% |
| Net Assets | $45K |
| Transparency Score | 75/100 |
Is Southridge Instrumental Music And Dance Ensembles Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Southridge Instrumental Music And Dance Ensembles Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Southridge Instrumental Music And Dance Ensembles Inc
Southridge Instrumental Music And Dance Ensembles Inc (EIN: 205998294) is a nonprofit organization based in Beaverton, OR, classified under NTEE code B112. The organization reported total revenue of $60K and total assets of $46K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southridge Instrumental Music And Dance Ensembles Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southridge Instrumental Music And Dance Ensembles Inc is a micro nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -10.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $50K |
| Total Expenses | $57K |
| Surplus / Deficit | $-6,685 |
| Total Assets | $45K |
| Net Assets | $45K |
| Operating Margin | -13.3% |
| Months of Reserves | 9.4 months |
Financial Health Grade: B
In 2024, Southridge Instrumental Music And Dance Ensembles Inc reported a deficit of $7K with expenses exceeding revenue, holds 9.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Southridge Instrumental Music And Dance Ensembles Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -20.3% | -15.8% | -20.6% |
| 2023 | +12.9% | +44.7% | -7.7% |
| 2022 | +617.0% | +651.2% | +17.7% |
| 2021 | -86.2% | -91.6% | +3.1% |
| 2020 | -39.0% | +1.7% | -26.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Southridge Instrumental Music And Dance Ensembles Inc with a Mission Score of 75 out of 100 (Good). 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, Southridge Instrumental Music And Dance Ensembles 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $7K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0%, indicating a volunteer-led organization or one where leadership roles are not compensated, which is highly favorable for a nonprofit of this size.
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 Southridge Instrumental Music And Dance Ensembles Inc's IRS 990 filings:
- Frequent deficit spending (expenses exceeding revenue), as seen in 202406 and 202306.
- Significant fluctuations in annual revenue and expenses, indicating potential instability in funding or program scale.
Strengths
The following positive indicators were identified for Southridge Instrumental Music And Dance Ensembles Inc:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership.
- Long history of IRS 990 filings (13 filings), demonstrating commitment to transparency and compliance.
- Maintained a stable asset base despite periods of deficit spending.
Frequently Asked Questions about Southridge Instrumental Music And Dance Ensembles Inc
Is Southridge Instrumental Music And Dance Ensembles Inc a legitimate charity?
Southridge Instrumental Music And Dance Ensembles Inc (EIN: 205998294) is a registered tax-exempt nonprofit based in Oregon. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $60K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Southridge Instrumental Music And Dance Ensembles Inc spend its money?
Southridge Instrumental Music And Dance Ensembles Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Southridge Instrumental Music And Dance Ensembles Inc tax-deductible?
Southridge Instrumental Music And Dance Ensembles Inc is registered as a tax-exempt nonprofit (EIN: 205998294). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Southridge Instrumental Music And Dance Ensembles Inc's spending goes to programs?
Southridge Instrumental Music And Dance Ensembles Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Southridge Instrumental Music And Dance Ensembles Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Southridge Instrumental Music And Dance Ensembles Inc is above average for NTEE category B112 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Southridge Instrumental Music And Dance Ensembles Inc located?
Southridge Instrumental Music And Dance Ensembles Inc is headquartered in Beaverton, Oregon and files with the IRS under EIN 205998294. It is classified under NTEE code B112.
How many years of IRS 990 filings does Southridge Instrumental Music And Dance Ensembles Inc have?
Southridge Instrumental Music And Dance Ensembles 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 $60K in total revenue.
Is Southridge Instrumental Music And Dance Ensembles Inc a good charity?
The organization demonstrates good transparency through consistent 990 filings and zero officer compensation. However, its frequent deficit spending (e.g., $56,761 expenses vs. $50,076 revenue in 202406) suggests potential financial sustainability challenges, which could impact its long-term effectiveness.
How does the organization manage its finances given the revenue-expense discrepancies?
The organization has frequently reported expenses exceeding revenue, such as in 202406 and 202306. It appears to be covering these deficits by drawing from its accumulated assets, which have remained relatively stable between $40,000 and $60,000.
What is the trend in the organization's revenue and expenses?
Revenue and expenses have fluctuated significantly over the years, with a peak in 201706 (Revenue=$158,857, Expenses=$145,154) and a low in 202106 (Revenue=$7,762, Expenses=$6,203). More recently, revenue has been around $50,000-$60,000, often slightly less than expenses.
Filing History
IRS 990 filing history for Southridge Instrumental Music And Dance Ensembles Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Southridge Instrumental Music And Dance Ensembles Inc's revenue has declined by 74.8%, moving from $199K to $50K. Total assets increased by 23.2% over the same period, from $36K to $45K. Total functional expenses fell by 71.3%, from $198K to $57K. In its most recent filing year (2024), Southridge Instrumental Music And Dance Ensembles Inc reported a deficit of $7K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $50K | $57K | $45K | $0 | — | — |
| 2023 | $63K | $67K | $56K | $5K | — | View 990 |
| 2022 | $56K | $47K | $61K | $5K | — | View 990 |
| 2021 | $8K | $6K | $52K | $5K | — | — |
| 2020 | $56K | $74K | $50K | $5K | — | — |
| 2019 | $92K | $73K | $68K | $5K | — | View 990 |
| 2018 | $131K | $131K | $51K | $11K | — | View 990 |
| 2017 | $159K | $145K | $38K | $0 | — | View 990 |
| 2016 | $122K | $141K | $42K | $17K | — | View 990 |
| 2015 | $192K | $165K | $58K | $15K | — | View 990 |
| 2014 | $190K | $190K | $31K | $14K | — | View 990 |
| 2013 | $313K | $315K | $26K | $9K | — | View 990 |
| 2012 | $199K | $198K | $36K | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $50K, expenses of $57K, and assets of $45K (revenue -20.3% year-over-year).
- 2023: Revenue of $63K, expenses of $67K, and assets of $56K (revenue +12.9% year-over-year).
- 2022: Revenue of $56K, expenses of $47K, and assets of $61K (revenue +617.0% year-over-year).
- 2021: Revenue of $8K, expenses of $6K, and assets of $52K (revenue -86.2% year-over-year).
- 2020: Revenue of $56K, expenses of $74K, and assets of $50K (revenue -39.0% year-over-year).
- 2019: Revenue of $92K, expenses of $73K, and assets of $68K (revenue -29.9% year-over-year).
- 2018: Revenue of $131K, expenses of $131K, and assets of $51K (revenue -17.3% year-over-year).
- 2017: Revenue of $159K, expenses of $145K, and assets of $38K (revenue +30.7% year-over-year).
- 2016: Revenue of $122K, expenses of $141K, and assets of $42K (revenue -36.6% year-over-year).
- 2015: Revenue of $192K, expenses of $165K, and assets of $58K (revenue +0.8% year-over-year).
- 2014: Revenue of $190K, expenses of $190K, and assets of $31K (revenue -39.2% year-over-year).
- 2013: Revenue of $313K, expenses of $315K, and assets of $26K (revenue +57.2% year-over-year).
- 2012: Revenue of $199K, expenses of $198K, and assets of $36K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southridge Instrumental Music And Dance Ensembles Inc:
Data Sources and Methodology
This transparency report for Southridge Instrumental Music And Dance Ensembles 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.