Ballroom Barks EIN 61-1608846 Form 990 (PDF) Claim this org

Ballroom Barks

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Rescues and cares for animals, offering affordable housing for pets and their owners. For fiscal year 2024 it reported $185K in revenue, $139K in expenses, and $892K in net assets.Pt I

Type
Public charity (501(c)(3)) · Animals
Location
New York, NY
Website
ballroombarks.org
Filings
5 on file (2020–2024)
Revenue
$185KFY2024
Expenses
$139K
Net assets
$892K
People
3
Filings
5
Updates
0
More identity details & actions ⌄
EIN  61-1608846 Public charity (501(c)(3)) New York, NY
Form 990 (PDF)
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Size
$100K–1M
What they do
Rescues and cares for animals, offering affordable housing for pets and their owners.
Leadership
Bonnie Hegarty-Diaz · President · $76K
Money in and out
$185K revenue, $139K expenses
Bottom line
92% program efficiency
Where the money goes · FY2024
Total revenue
$185K
Pt VIII · Ln 12
Total expenses
$139K
Pt IX · Ln 25
Net assets
$892K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $46K
Where spending went · Part IX cols B–D
Program services $0.92 Management & general $0.08
Program efficiency
92%
of spending reaches programs▼ -8% vs prior filing year
Operating runway
1.5mo
months of highly liquid reserves at operating expense rate▼ -75% vs prior filing year
Surplus margin
+25%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$185K
FY2024
Expenses
$139K
FY2024▲ +618%
Total assets
$923K
FY2024▲ +13%
Total liabilities
$31K
FY2024▼ -8%
Total revenue
$185K
Pt VIII · Ln 12
Total expenses
$139K
Pt IX · Ln 25
Net assets
$892K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$46K
Total assetsPt X · Ln 16$923K
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 42

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBallroom Barks
EINHdr · item D61-1608846
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jballroombarks.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFAnimals (D20)
Ruling yearIRS BMFJun 2012

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b2
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$76,232Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A

Bonnie Hegarty-Diaz’s $76K as President is at the 83rd percentile of top reported officer pay among 1217 $100K–1M animals nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2022FY2021
Bonnie Hegarty-Diaz$76,232$76,232$76,232

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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Mission & Programs · Part III

Where the work happens

1 program service account for $128K of program spending, described in the organization's own filed words · FY2024.
01

Care and rescue of pets, and providing affordable housing opportunities for pet dogs and cats and their owners.

$128Kprogram expense

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Statement of Revenue

Part VIII
Other revenue$182K · 99%
Contributions & grants$3K · 1%
Other revenue99%$182K
Contributions & grants1%$3K
Total revenueLn 12$185K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.08
Program services92%$128K
Management & general8%$11K
Total functional expensesLn 25$139K

Balance Sheet

Part X · end of year
CashLn 1$17K
Total assetsLn 16$923K
Total liabilitiesLn 26$31K
Total net assetsLn 32$892K
Months of cash on handcomputed1.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $17K · Operating expenses/yr $139K
1.5 months
Where the money goes
Program services
Program services $128K · Total expenses $139K
92%
Management & General
Management & general $11K · Total expenses $139K
8%
Fundraising
Fundraising $0 · Total expenses $139K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $14K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $3K · Total revenue $185K
1%
Government reliance
Government grants — · Total revenue $185K
Earned-income share
Program service revenue $0 · Total revenue $185K
0%
Investment reliance
Investment income $0 · Total revenue $185K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $139K
0%
Growth & trend
Revenue growth (YoY)
This year $185K · Prior year $0
Prior-year revenue below floor — showing dollar change
Revenue CAGR
FY2020 $194K · FY2024 $185K
-1%
Net-asset trend (YoY)
End of year $892K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $185K · Expenses $139K
+25%
Liabilities-to-Assets
Total liabilities — · Total assets $923K
Net-asset ratio
Net assets $892K · Total assets $923K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $923K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Bonnie Hegarty-Diaz · Reported title PRESIDENT · Highest reported compensation $76K · Total expenses $139K
55%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $91K · Total expenses $139K
66%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 92%
Overhead ratio 8%
Fundraising cost ratio 0%
Accounting fee ratio 1%

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.

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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)$185K revenue · viewing · ⤓ 990 PDF
FY2023$0 revenue · ⤓ 990 PDF
FY2022$100K revenue · ⤓ 990 PDF
FY2021$42K revenue · ⤓ 990 PDF
FY2020$194K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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