The Kennedy Dancers Inc
The Kennedy Dancers Inc: Consistent Revenue, High Liabilities
EIN: 222253752 · Jersey City, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $219K |
| Total Expenses | $196K |
| Program Spending | 70% |
| Net Assets | $398K |
| Transparency Score | 75/100 |
Is The Kennedy Dancers Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Kennedy Dancers Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About The Kennedy Dancers Inc
The Kennedy Dancers Inc (EIN: 222253752) is a nonprofit organization based in Jersey City, NJ. The organization reported total revenue of $219K and total assets of $487K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Kennedy Dancers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Kennedy Dancers Inc is a small nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $198K |
| Total Expenses | $196K |
| Surplus / Deficit | +$2K |
| Total Assets | $476K |
| Total Liabilities | $78K |
| Net Assets | $398K |
| Operating Margin | 1.0% |
| Debt-to-Asset Ratio | 16.4% |
| Months of Reserves | 29.1 months |
Financial Health Grade: A
In 2023, The Kennedy Dancers Inc reported a surplus of $2K with revenue exceeding expenses, holds 29.1 months of operating reserves (strong position), has a debt-to-asset ratio of 16.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Kennedy Dancers Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.4% | +5.4% | +4.5% |
| 2022 | +2.9% | +16.6% | -11.6% |
| 2021 | +30.7% | +31.1% | +10.3% |
| 2020 | -22.1% | -24.0% | +10.4% |
| 2019 | +8.3% | -10.1% | +8.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1981 |
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 The Kennedy Dancers 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: 70%
- fundraising: 15%
According to IRS 990 filings, The Kennedy Dancers Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
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: 16.4%.
Executive Compensation Analysis
Executive compensation cannot be assessed from the provided data, as no specific compensation figures for executives are included in the financial summaries.
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 The Kennedy Dancers Inc's IRS 990 filings:
- Liabilities consistently represent a significant portion of assets, e.g., $78,026 in liabilities against $475,838 in assets in 2023, indicating potential financial strain or reliance on debt.
- The 'c' field consistently shows 0%, which could indicate no cash on hand or an accounting method that doesn't report it in this summary, requiring further investigation.
Strengths
The following positive indicators were identified for The Kennedy Dancers Inc:
- Consistent revenue generation over multiple years, averaging around $180,000-$200,000 annually, demonstrates operational stability.
- Total assets have shown growth from $392,088 in 2018 to $475,838 in 2023, indicating some asset accumulation.
Frequently Asked Questions about The Kennedy Dancers Inc
Is The Kennedy Dancers Inc a legitimate charity?
The Kennedy Dancers Inc (EIN: 222253752) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $219K. 2 red flags identified. 2 strengths noted. Financial health grade: A.
How does The Kennedy Dancers Inc spend its money?
The Kennedy Dancers Inc directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to The Kennedy Dancers Inc tax-deductible?
The Kennedy Dancers Inc is registered as a tax-exempt nonprofit (EIN: 222253752). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Kennedy Dancers Inc's spending goes to programs?
The Kennedy Dancers Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is The Kennedy Dancers Inc located?
The Kennedy Dancers Inc is headquartered in Jersey City, New Jersey and files with the IRS under EIN 222253752.
How many years of IRS 990 filings does The Kennedy Dancers Inc have?
The Kennedy Dancers 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 $219K in total revenue.
What does The Kennedy Dancers Inc do?
The Kennedy Dancers Inc is a nonprofit organization in the Unknown sector, located in Jersey City, New Jersey. It is classified under NTEE code Unknown.
How much revenue does The Kennedy Dancers Inc have?
The Kennedy Dancers Inc reported total revenue of $218,715. Based on 13 IRS 990 filings on record.
What are The Kennedy Dancers Inc's total assets?
The Kennedy Dancers Inc holds total assets of $487,359 as reported in IRS 990 filings.
Where is The Kennedy Dancers Inc located?
The Kennedy Dancers Inc is based in Jersey City, New Jersey.
What is The Kennedy Dancers Inc's EIN?
The Kennedy Dancers Inc's Employer Identification Number (EIN) is 222253752. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is The Kennedy Dancers Inc?
The Kennedy Dancers Inc is classified under NTEE code Unknown (Unknown).
Is The Kennedy Dancers Inc a registered 501(c)(3)?
The Kennedy Dancers Inc appears in IRS records (EIN: 222253752). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does The Kennedy Dancers Inc file IRS Form 990?
Yes, The Kennedy Dancers Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was The Kennedy Dancers Inc's revenue in 2023?
In the 202312 filing period, The Kennedy Dancers Inc reported total revenue of $198,348, total expenses of $196,368, and net assets of $475,838.
Is The Kennedy Dancers Inc's revenue growing or declining?
The Kennedy Dancers Inc's revenue is relatively stable. Revenue went from $205,240 (202212) to $198,348 (202312), a -3.4% change. Based on 13 filings on record.
What is The Kennedy Dancers Inc's most recent 990 filing?
The most recent IRS Form 990 filing for The Kennedy Dancers Inc covers tax period 202312. It shows revenue of $198,348, expenses of $196,368, total assets of $475,838, and liabilities of $78,026.
How much does The Kennedy Dancers Inc spend on programs vs administration?
Based on IRS 990 analysis, The Kennedy Dancers Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is The Kennedy Dancers Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, The Kennedy Dancers Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for The Kennedy Dancers Inc?
The following concerns were identified: Liabilities consistently represent a significant portion of assets, e.g., $78,026 in liabilities against $475,838 in assets in 2023, indicating potential financial strain or reliance on debt.. The 'c' field consistently shows 0%, which could indicate no cash on hand or an accounting method that doesn't report it in this summary, requiring further investigation.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are The Kennedy Dancers Inc's strengths?
Positive indicators for The Kennedy Dancers Inc include: Consistent revenue generation over multiple years, averaging around $180,000-$200,000 annually, demonstrates operational stability.. Total assets have shown growth from $392,088 in 2018 to $475,838 in 2023, indicating some asset accumulation.. These findings are derived from AI analysis of the organization's financial filings.
How does The Kennedy Dancers Inc compensate executives?
Executive compensation cannot be assessed from the provided data, as no specific compensation figures for executives are included in the financial summaries. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is The Kennedy Dancers Inc?
• Financial filings are consistently available, showing annual revenue and expenses. • No specific program details or impact reports are readily available within the provided data. • The organization's website or other public disclosures would be needed for a comprehensive transparency assessment beyond financial figures. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent 'l' (liabilities) figures relative to 'a' (assets), what is the primary nature of these liabilities and how are they being managed to ensure long-term solvency?
The provided data does not specify the nature of the liabilities (e.g., mortgages, program-specific debt, operational loans). A deeper dive into the full financial statements would be necessary to understand the composition and management strategy for these consistent liabilities.
With 'c' consistently reported as 0%, how does The Kennedy Dancers Inc manage its day-to-day liquidity and operational cash flow?
A consistent 0% for 'c' (cash) in the provided summary is unusual for an operating nonprofit. This could imply that cash is reported under another asset category, or that the organization operates on a very tight cash-flow model, potentially relying on immediate revenue for expenses. Further financial statement analysis is needed to clarify actual cash holdings and liquidity management.
Filing History
IRS 990 filing history for The Kennedy Dancers Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Kennedy Dancers Inc's revenue has grown by 25.6%, moving from $158K to $198K. Total assets increased by 17.3% over the same period, from $406K to $476K. Total functional expenses rose by 22.6%, from $160K to $196K. In its most recent filing year (2023), The Kennedy Dancers Inc reported a surplus of $2K, with revenue exceeding expenses. The organization holds $78K in liabilities against $476K in assets (debt-to-asset ratio: 16.4%), resulting in net assets of $398K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $198K | $196K | $476K | $78K | — | — |
| 2022 | $205K | $186K | $456K | $60K | — | — |
| 2021 | $199K | $160K | $515K | $139K | — | View 990 |
| 2020 | $153K | $122K | $468K | $130K | — | View 990 |
| 2019 | $196K | $160K | $424K | $117K | — | View 990 |
| 2018 | $181K | $178K | $392K | $121K | — | View 990 |
| 2017 | $186K | $188K | $392K | $124K | — | — |
| 2016 | $179K | $178K | $395K | $125K | — | View 990 |
| 2015 | $141K | $155K | $396K | $127K | — | View 990 |
| 2014 | $166K | $159K | $418K | $135K | — | View 990 |
| 2013 | $187K | $166K | $410K | $135K | — | View 990 |
| 2012 | $180K | $168K | $403K | $148K | — | View 990 |
| 2011 | $158K | $160K | $406K | $161K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $198K, expenses of $196K, and assets of $476K (revenue -3.4% year-over-year).
- 2022: Revenue of $205K, expenses of $186K, and assets of $456K (revenue +2.9% year-over-year).
- 2021: Revenue of $199K, expenses of $160K, and assets of $515K (revenue +30.7% year-over-year).
- 2020: Revenue of $153K, expenses of $122K, and assets of $468K (revenue -22.1% year-over-year).
- 2019: Revenue of $196K, expenses of $160K, and assets of $424K (revenue +8.3% year-over-year).
- 2018: Revenue of $181K, expenses of $178K, and assets of $392K (revenue -3.0% year-over-year).
- 2017: Revenue of $186K, expenses of $188K, and assets of $392K (revenue +4.0% year-over-year).
- 2016: Revenue of $179K, expenses of $178K, and assets of $395K (revenue +27.5% year-over-year).
- 2015: Revenue of $141K, expenses of $155K, and assets of $396K (revenue -15.2% year-over-year).
- 2014: Revenue of $166K, expenses of $159K, and assets of $418K (revenue -11.2% year-over-year).
- 2013: Revenue of $187K, expenses of $166K, and assets of $410K (revenue +3.6% year-over-year).
- 2012: Revenue of $180K, expenses of $168K, and assets of $403K (revenue +14.2% year-over-year).
- 2011: Revenue of $158K, expenses of $160K, and assets of $406K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Kennedy Dancers Inc:
Data Sources and Methodology
This transparency report for The Kennedy Dancers 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.