Balletrox INC EIN 04-3140205

Balletrox INC FY2021 filing

EIN  04-3140205 Public charity (501(c)(3)) Jamaica Plain, MA
Form 990 (PDF)
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Size
$100K–1M
What they do
Connects Boston youth with dance, mastery, and performance opportunities for discipline and success.
Leadership
Alison Patterson · Executive Director · $22K
Money in and out
$257K revenue, $263K expenses
Bottom line
76% program efficiency

Connects Boston youth with dance, mastery, and performance opportunities for discipline and success. For fiscal year 2021 it reported $257K in revenue, $263K in expenses, and $204K in net assets.Pt I

Where the money goes · FY2021
Total revenue
$257K
Pt VIII · Ln 12
Total expenses
$263K
Pt IX · Ln 25
Net assets
$204K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$6K
Where spending went · Part IX cols B–D
Program services $0.76 Management & general $0.12 Fundraising $0.11
Program efficiency
76%
of spending reaches programs
Operating runway
8.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
-2%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$257K
FY2021
Expenses
$263K
FY2021
Total assets
$204K
FY2021
Total liabilities
$0
FY2021
Total revenue
$257K
Pt VIII · Ln 12
Total expenses
$263K
Pt IX · Ln 25
Net assets
$204K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$6K
Total assetsPt X · Ln 16$204K
Program-expense ratioPt IX · col B76%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

1 program service account for $201K of program spending, described in the organization's own filed words · FY2020.
01

Scholarships to deserving inner city children and in-school and afterschool dance instruction.

$201Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBalletrox INC
EINHdr · item D04-3140205
Principal addressHdr · item CJamaica Plain, MA
WebsiteHdr · item Jwww.balletrox.info
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJan 1992

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Director
$21,959Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice President/Former Ex. Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2023FY2022FY2021
Alison Patterson$70,275$21,959
Ashly Horace$41,951

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$217K · 84%
Program service revenue$40K · 16%
Contributions & grants84%$217K
Program service revenue16%$40K
— government grantsLn 1e$36K
Total revenueLn 12$257K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.76 Management & general $0.12 Fundraising $0.11
Program services76%$201K
Management & general12%$32K
Fundraising11%$30K
Total functional expensesLn 25$263K

Balance Sheet

Part X · end of year
CashLn 1$194K
Total assetsLn 16$204K
Total liabilitiesLn 26$0
Total net assetsLn 32$204K
Months of cash on handcomputed8.8

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $194K · Operating expenses/yr $263K
8.8 months
Where the money goes
Program services
Program services $201K · Total expenses $263K
76%
Management & General
Management & general $32K · Total expenses $263K
12%
Fundraising
Fundraising $30K · Total expenses $263K
11%
Cost to raise $1
Fundraising expense $30K · Solicited contributions $181K
$0.17 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $217K · Total revenue $257K
84%
Government reliance
Government grants $36K · Total revenue $257K
14%
Earned-income share
Program service revenue $40K · Total revenue $257K
16%
Investment reliance
Investment income $0 · Total revenue $257K
0%
Program self-sufficiency
Program service revenue $40K · Total expenses $263K
15%
Growth & trend
Revenue growth (YoY)
This year $257K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $204K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $257K · Expenses $263K
-2%
Liabilities-to-Assets
Total liabilities — · Total assets $204K
Net-asset ratio
Net assets $204K · Total assets $204K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $204K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Alison Patterson · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $22K · Total expenses $263K
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $202K · Total expenses $263K
77%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 76%
Overhead ratio 12%
Fundraising cost ratio 14%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Edvestors INCFY2024$18K
Total grants receivedfrom 4 funders$96K
See all 4 funders →
Grants paid · 7 grants · $259K · 2020–2024
Unitemized GrantFY2024$50,000
Unitemized GrantFY2023$60,383
Unitemized GrantFY2023$60,383
Unitemized GrantFY2022$52,640
Unitemized GrantFY2022$9,400
Unitemized GrantFY2021$10,625
Unitemized GrantFY2020$15,625

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$371K revenue · ⤓ 990 PDF
FY2024$251K revenue · ⤓ 990 PDF
FY2023$291K revenue · ⤓ 990 PDF
FY2022$389K revenue · ⤓ 990 PDF
FY2021$257K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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