Dancing Thru Life EIN 46-3039347 Form 990 (PDF) Claim this org

Dancing Thru Life FY2022 filing

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Teaches dance to low-income youth, building confidence, life skills, and character. For fiscal year 2022 it reported $155K in revenue, $131K in expenses, and $9K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Spring, TX
Website
www.dancingthrulife.org
Filings
5 on file (2020–2022)
Revenue
$155KFY2022
Expenses
$131K
Net assets
$9K
People
2
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-3039347 Public charity (501(c)(3)) Spring, TX
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
<$100K
What they do
Teaches dance to low-income youth, building confidence, life skills, and character.
Leadership
Mark Adler · Treasurer
Money in and out
$155K revenue, $131K expenses
Bottom line
57% program efficiency
Where the money goes · FY2022
Total revenue
$155K
Pt VIII · Ln 12
Total expenses
$131K
Pt IX · Ln 25
Net assets
$9K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $24K
Where spending went · Part IX cols B–D
Program services $0.57 Management & general $0.43
Program efficiency
57%
of spending reaches programs
Operating runway
5.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+15%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$155K
FY2022▲ +136%
Expenses
$131K
FY2022▲ +38%
Total assets
$57K
FY2022▲ +79%
Total liabilities
$48K
FY2022+0.2%
Total revenue
$155K
Pt VIII · Ln 12
Total expenses
$131K
Pt IX · Ln 25
Net assets
$9K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$24K
Total assetsPt X · Ln 16$57K
Program-expense ratioPt IX · col B57%
Voting members of governing bodyPt I · Ln 32
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $75K of program spending, described in the organization's own filed words · FY2022.
01

Through ballroom dance, and a large competition at the end of the program, our organization enabled 100 underpriviledged children to participate in a ballroom dance performing arts program. This program promoted self confidence, awareness and promoted shcool attendance.

$75Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CDancing Thru Life
EINHdr · item D46-3039347
Principal addressHdr · item CSpring, TX
WebsiteHdr · item Jwww.dancingthrulife.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A62)
Ruling yearIRS BMFOct 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a2
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
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
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$150K · 97%
Other revenue$5K · 3%
Contributions & grants97%$150K
Other revenue3%$5K
Total revenueLn 12$155K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.57 Management & general $0.43
Program services57%$75K
Management & general43%$57K
Total functional expensesLn 25$131K

Balance Sheet

Part X · end of year
CashLn 1$57K
Total assetsLn 16$57K
Total liabilitiesLn 26$48K
Total net assetsLn 32$9K
Months of cash on handcomputed5.2

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $57K · Operating expenses/yr $131K
5.2 months
Where the money goes
Program services
Program services $75K · Total expenses $131K
57%
Management & General
Management & general $57K · Total expenses $131K
43%
Fundraising
Fundraising $0 · Total expenses $131K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $76K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $150K · Total revenue $155K
97%
Government reliance
Government grants — · Total revenue $155K
Earned-income share
Program service revenue $0 · Total revenue $155K
0%
Investment reliance
Investment income $0 · Total revenue $155K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $131K
0%
Growth & trend
Revenue growth (YoY)
This year $155K · Prior year $66K
+136%
Net-asset trend (YoY)
End of year $9K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $155K · Expenses $131K
+15%
Liabilities-to-Assets
Total liabilities — · Total assets $57K
Net-asset ratio
Net assets $9K · Total assets $57K
15%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $57K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Mark Adler · Reported title TREASURER · Highest reported compensation $0 · Total expenses $131K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $57K · Total expenses $131K
43%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 57%
Overhead ratio 43%
Fundraising cost ratio 0%
Revenue growth 136%

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 · funders on record
Grants received · FY2020
Total grants receivedfrom 1 funder$14

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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
FY2024 (Latest)$86K revenue · ⤓ 990 PDF
FY2023$86K revenue · ⤓ 990 PDF
FY2022$155K revenue · viewing · ⤓ 990 PDF
FY2021$66K revenue · ⤓ 990 PDF
FY2020$36K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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