Southwest Youth Ballet Theatre Inc
Southwest Youth Ballet Theatre Inc maintains stable finances with no liabilities and consistent revenue growth.
EIN: 203770072 · Chandler, AZ · NTEE: A63 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $100K |
| Total Expenses | $72K |
| Program Spending | 90% |
| Net Assets | $31K |
| Transparency Score | 85/100 |
Is Southwest Youth Ballet Theatre Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Southwest Youth Ballet Theatre Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Southwest Youth Ballet Theatre Inc
Southwest Youth Ballet Theatre Inc (EIN: 203770072) is a nonprofit organization based in Chandler, AZ, classified under NTEE code A63. The organization reported total revenue of $100K and total assets of $48K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southwest Youth Ballet Theatre Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southwest Youth Ballet Theatre Inc is a small nonprofit that has been operating for 19 years, with 8 years of IRS 990 filings on record (2017–2024). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $75K |
| Total Expenses | $72K |
| Surplus / Deficit | +$3K |
| Total Assets | $31K |
| Net Assets | $31K |
| Operating Margin | 4.4% |
| Months of Reserves | 5.2 months |
Financial Health Grade: A
In 2024, Southwest Youth Ballet Theatre Inc reported a surplus of $3K with revenue exceeding expenses, holds 5.2 months of operating reserves (adequate).
Financial Trends
Over 8 years of filings (2017–2024), Southwest Youth Ballet Theatre Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +22.9% | +10.6% | +11.9% |
| 2023 | +13.2% | +28.7% | -12.2% |
| 2022 | +136.3% | +125.4% | +12.5% |
| 2021 | -42.9% | -49.5% | +1.6% |
| 2020 | -28.1% | -14.4% | -13.7% |
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 Southwest Youth Ballet Theatre 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Southwest Youth Ballet Theatre Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 surplus of $3K, with revenue exceeding expenses.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly efficient for a small nonprofit.
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.
Strengths
The following positive indicators were identified for Southwest Youth Ballet Theatre Inc:
- Consistent reporting of $0 liabilities across all filings, indicating strong financial health.
- 0% officer compensation, suggesting a highly efficient and potentially volunteer-driven leadership.
- Steady growth in assets from $20,602 in 2017 to $48,359 currently.
- Positive revenue trend, with the latest revenue at $100,201, showing increased support.
- Expenses consistently align closely with revenue, indicating funds are actively used for current operations.
Frequently Asked Questions about Southwest Youth Ballet Theatre Inc
Is Southwest Youth Ballet Theatre Inc a legitimate charity?
Southwest Youth Ballet Theatre Inc (EIN: 203770072) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 85/100. It has 8 years of IRS 990 filings on record. Total revenue: $100K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Southwest Youth Ballet Theatre Inc spend its money?
Southwest Youth Ballet Theatre Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Southwest Youth Ballet Theatre Inc tax-deductible?
Southwest Youth Ballet Theatre Inc is registered as a tax-exempt nonprofit (EIN: 203770072). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Southwest Youth Ballet Theatre Inc's spending goes to programs?
Southwest Youth Ballet Theatre Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Southwest Youth Ballet Theatre Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Southwest Youth Ballet Theatre Inc is above average for NTEE category A63 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Southwest Youth Ballet Theatre Inc located?
Southwest Youth Ballet Theatre Inc is headquartered in Chandler, Arizona and files with the IRS under EIN 203770072. It is classified under NTEE code A63.
How many years of IRS 990 filings does Southwest Youth Ballet Theatre Inc have?
Southwest Youth Ballet Theatre Inc has 8 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 $100K in total revenue.
Is Southwest Youth Ballet Theatre Inc a good charity?
Based on the provided data, Southwest Youth Ballet Theatre Inc appears to be a well-managed small charity. They consistently operate without liabilities, show modest asset growth, and report 0% officer compensation, suggesting a high degree of efficiency and dedication to their mission.
How has the organization's revenue trended over time?
The organization's revenue has shown an upward trend, particularly in recent years. It grew from $54,824 in 2017 to $100,201 in the latest period, with a notable increase from $22,817 in 2021 to $74,993 in 2024, indicating growing support and activity.
What is the organization's financial risk profile?
Southwest Youth Ballet Theatre Inc has a very low financial risk profile, consistently reporting $0 in liabilities across all eight filings. This indicates strong financial management and an avoidance of debt.
How efficient is Southwest Youth Ballet Theatre Inc with its spending?
The organization appears highly efficient, as evidenced by 0% officer compensation and expenses consistently close to revenue. This suggests that nearly all funds are directed towards operational activities, likely including program delivery.
Filing History
IRS 990 filing history for Southwest Youth Ballet Theatre Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2017–2024), Southwest Youth Ballet Theatre Inc's revenue has grown by 36.8%, moving from $55K to $75K. Total assets increased by 49.8% over the same period, from $21K to $31K. Total functional expenses rose by 34.4%, from $53K to $72K. In its most recent filing year (2024), Southwest Youth Ballet Theatre Inc reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $75K | $72K | $31K | $0 | — | — |
| 2023 | $61K | $65K | $28K | $0 | — | View 990 |
| 2022 | $54K | $50K | $31K | $0 | — | — |
| 2021 | $23K | $22K | $28K | $0 | — | — |
| 2020 | $40K | $44K | $27K | $0 | — | View 990 |
| 2019 | $56K | $52K | $32K | $0 | — | View 990 |
| 2018 | $63K | $55K | $28K | $0 | — | View 990 |
| 2017 | $55K | $53K | $21K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $75K, expenses of $72K, and assets of $31K (revenue +22.9% year-over-year).
- 2023: Revenue of $61K, expenses of $65K, and assets of $28K (revenue +13.2% year-over-year).
- 2022: Revenue of $54K, expenses of $50K, and assets of $31K (revenue +136.3% year-over-year).
- 2021: Revenue of $23K, expenses of $22K, and assets of $28K (revenue -42.9% year-over-year).
- 2020: Revenue of $40K, expenses of $44K, and assets of $27K (revenue -28.1% year-over-year).
- 2019: Revenue of $56K, expenses of $52K, and assets of $32K (revenue -11.4% year-over-year).
- 2018: Revenue of $63K, expenses of $55K, and assets of $28K (revenue +14.4% year-over-year).
- 2017: Revenue of $55K, expenses of $53K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southwest Youth Ballet Theatre Inc:
Data Sources and Methodology
This transparency report for Southwest Youth Ballet Theatre 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.