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

Dancing Thru Life FY2023 filing

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Teaches dance to low-income youth, building confidence, life skills, and character. For fiscal year 2023 it reported $86K in revenue, $108K in expenses, and $-14K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Spring, TX
Website
www.dancingthrulife.org
Filings
5 on file (2020–2023)
Revenue
$86KFY2023
Expenses
$108K
Net assets
$-14K
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 FY2023 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
$86K revenue, $108K expenses
Bottom line
73% program efficiency
Where the money goes · FY2023
Total revenue
$86K
Pt VIII · Ln 12
Total expenses
$108K
Pt IX · Ln 25
Net assets
$-14K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$22K
Where spending went · Part IX cols B–D
Program services $0.73 Management & general $0.27
Program efficiency
73%
of spending reaches programs
Operating runway
3.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
-26%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$86K
FY2023▼ -45%
Expenses
$108K
FY2023▼ -18%
Total assets
$31K
FY2023▼ -46%
Total liabilities
$44K
FY2023▼ -8%
Total revenue
$86K
Pt VIII · Ln 12
Total expenses
$108K
Pt IX · Ln 25
Net assets
$-14K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$22K
Total assetsPt X · Ln 16$31K
Program-expense ratioPt IX · col B73%
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 $79K of program spending, described in the organization's own filed words · FY2023.
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.

$79Kprogram 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$82K · 95%
Other revenue$4K · 5%
Contributions & grants95%$82K
Other revenue5%$4K
Total revenueLn 12$86K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.73 Management & general $0.27
Program services73%$79K
Management & general27%$29K
Total functional expensesLn 25$108K

Balance Sheet

Part X · end of year
CashLn 1$31K
Total assetsLn 16$31K
Total liabilitiesLn 26$44K
Total net assetsLn 32$-14K
Months of cash on handcomputed3.4

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $31K · Operating expenses/yr $108K
3.4 months
Where the money goes
Program services
Program services $79K · Total expenses $108K
73%
Management & General
Management & general $29K · Total expenses $108K
27%
Fundraising
Fundraising $0 · Total expenses $108K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $92K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $82K · Total revenue $86K
95%
Government reliance
Government grants — · Total revenue $86K
Earned-income share
Program service revenue $0 · Total revenue $86K
0%
Investment reliance
Investment income $0 · Total revenue $86K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $108K
0%
Growth & trend
Revenue growth (YoY)
This year $86K · Prior year $155K
-45%
Net-asset trend (YoY)
End of year $-14K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $86K · Expenses $108K
-26%
Liabilities-to-Assets
Total liabilities — · Total assets $31K
Net-asset ratio
Net assets $-14K · Total assets $31K
-45%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $31K
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 $108K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $29K · Total expenses $108K
27%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 73%
Overhead ratio 27%
Fundraising cost ratio 0%
Revenue growth -45%

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 · viewing · ⤓ 990 PDF
FY2022$155K revenue · ⤓ 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) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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