Ted Thomas Dance Foundation For The Public Inc
Ted Thomas Dance Foundation maintains program focus amidst fluctuating revenues and modest asset base.
EIN: 10598781 · Norwalk, CT · NTEE: A62 · Updated: 2026-03-27
Is Ted Thomas Dance Foundation For The Public Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ted Thomas Dance Foundation For The Public Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ted Thomas Dance Foundation For The Public Inc
Ted Thomas Dance Foundation For The Public Inc (EIN: 10598781) is a nonprofit organization based in Norwalk, CT, classified under NTEE code A62. The organization reported total revenue of $43K and total assets of $5K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ted Thomas Dance Foundation For The Public Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ted Thomas Dance Foundation For The Public Inc is a micro nonprofit that has been operating for 23 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $37K |
| Total Expenses | $35K |
| Surplus / Deficit | +$2K |
| Total Assets | $3K |
| Total Liabilities | $1K |
| Net Assets | $2K |
| Operating Margin | 4.8% |
| Debt-to-Asset Ratio | 34.9% |
| Months of Reserves | 1.0 months |
Financial Health Grade: A
In 2023, Ted Thomas Dance Foundation For The Public Inc reported a surplus of $2K with revenue exceeding expenses, holds 1.0 months of operating reserves (limited), has a debt-to-asset ratio of 34.9% (moderate leverage).
Financial Trends
Over 11 years of filings (2011–2023), Ted Thomas Dance Foundation For The Public Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.2% | -7.3% | +56.1% |
| 2022 | +336.9% | +79.9% | -36.6% |
| 2021 | +13.6% | +550.7% | -81.9% |
| 2020 | -47.9% | -75.4% | +3326.8% |
| 2017 | +11.2% | -11.5% | +717.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2003 |
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 Ted Thomas Dance Foundation For The Public 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, Ted Thomas Dance Foundation For The Public 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: 34.9%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or directors received compensation, which is a positive sign for a small organization 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 Ted Thomas Dance Foundation For The Public Inc's IRS 990 filings:
- Low asset base relative to annual expenses
- Fluctuating liabilities, occasionally high (e.g., $11,757 in 202212)
- Inconsistent revenue streams over time
Strengths
The following positive indicators were identified for Ted Thomas Dance Foundation For The Public Inc:
- Consistent 0% officer compensation, indicating volunteer leadership or efficient use of funds
- Strong program focus, with an estimated 80% of spending on programs
- Generally operates close to break-even, avoiding large deficits in most years
Frequently Asked Questions about Ted Thomas Dance Foundation For The Public Inc
Is Ted Thomas Dance Foundation For The Public Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ted Thomas Dance Foundation For The Public Inc (EIN: 10598781) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Ted Thomas Dance Foundation For The Public Inc spend its money?
Ted Thomas Dance Foundation For The Public Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ted Thomas Dance Foundation For The Public Inc tax-deductible?
Ted Thomas Dance Foundation For The Public Inc is registered as a tax-exempt nonprofit (EIN: 10598781). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Ted Thomas Dance Foundation For The Public Inc. financially stable?
The organization's financial stability is moderate. While it generally operates with a small surplus or deficit, its asset base is relatively low ($2,862 in 202312) compared to its annual expenses ($35,263 in 202312), and liabilities have at times been significant (e.g., $11,757 in 202212).
How much of its budget goes to programs?
Based on typical small nonprofit operations and the absence of high administrative or fundraising costs, an estimated 80% of its budget is directed towards programs, reflecting a strong program focus.
Does the organization pay its executives?
No, the IRS 990 filings consistently report 0% officer compensation, indicating that no executives or officers are paid by the organization.
What is the trend in the organization's revenue?
Revenue has fluctuated significantly, from a low of $7,096 in 202012 to a high of $37,049 in 202312, showing inconsistency in funding.
Filing History
IRS 990 filing history for Ted Thomas Dance Foundation For The Public Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Ted Thomas Dance Foundation For The Public Inc's revenue has grown by 28.6%, moving from $29K to $37K. Total assets increased by 1959% over the same period, from $139 to $3K. Total functional expenses rose by 23.3%, from $29K to $35K. In its most recent filing year (2023), Ted Thomas Dance Foundation For The Public Inc reported a surplus of $2K, with revenue exceeding expenses. The organization holds $1K in liabilities against $3K in assets (debt-to-asset ratio: 34.9%), resulting in net assets of $2K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $37K | $35K | $3K | $1K | — | — |
| 2022 | $35K | $38K | $2K | $12K | — | View 990 |
| 2021 | $8K | $21K | $3K | $10K | — | — |
| 2020 | $7K | $3K | $16K | $10K | — | — |
| 2017 | $14K | $13K | $466 | $957 | — | View 990 |
| 2016 | $12K | $15K | $57 | $957 | — | View 990 |
| 2015 | $20K | $18K | $2K | $221 | — | — |
| 2014 | $37K | $36K | $2K | $2K | — | View 990 |
| 2013 | $21K | $19K | $2K | $3K | — | View 990 |
| 2012 | $24K | $28K | $0 | $13K | — | View 990 |
| 2011 | $29K | $29K | $139 | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $37K, expenses of $35K, and assets of $3K (revenue +5.2% year-over-year).
- 2022: Revenue of $35K, expenses of $38K, and assets of $2K (revenue +336.9% year-over-year).
- 2021: Revenue of $8K, expenses of $21K, and assets of $3K (revenue +13.6% year-over-year).
- 2020: Revenue of $7K, expenses of $3K, and assets of $16K (revenue -47.9% year-over-year).
- 2017: Revenue of $14K, expenses of $13K, and assets of $466 (revenue +11.2% year-over-year).
- 2016: Revenue of $12K, expenses of $15K, and assets of $57 (revenue -38.2% year-over-year).
- 2015: Revenue of $20K, expenses of $18K, and assets of $2K (revenue -46.5% year-over-year).
- 2014: Revenue of $37K, expenses of $36K, and assets of $2K (revenue +76.4% year-over-year).
- 2013: Revenue of $21K, expenses of $19K, and assets of $2K (revenue -13.2% year-over-year).
- 2012: Revenue of $24K, expenses of $28K, and assets of $0 (revenue -16.0% year-over-year).
- 2011: Revenue of $29K, expenses of $29K, and assets of $139.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ted Thomas Dance Foundation For The Public Inc:
Data Sources and Methodology
This transparency report for Ted Thomas Dance Foundation For The Public 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.