Tada Foundation INC EIN 81-2634379 Form 990 (PDF) Claim this org

Tada Foundation INC

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Offers dance instruction and performance for children and adults with and without disabilities. For fiscal year 2025 it reported $142K in revenue, $159K in expenses, and $151K in net assets.Pt I

Founded
2016
Type
Public charity (501(c)(3)) · Arts & Culture
Location
Atlanta, GA
Website
www.tadafoundation.org
Filings
4 on file (2022–2025)
Revenue
$142KFY2025
Expenses
$159K
Net assets
$151K
People
8
Filings
4
Updates
0
More identity details & actions ⌄
EIN  81-2634379 Public charity (501(c)(3)) Atlanta, GA Founded 2016
Form 990 (PDF)
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Size
$100K–1M
What they do
Offers dance instruction and performance for children and adults with and without disabilities.
Leadership
Kara Jacobson · Executive Director · $45K
Money in and out
$142K revenue, $159K expenses
Bottom line
44% program efficiency
Where the money goes · FY2025
Total revenue
$142K
Pt VIII · Ln 12
Total expenses
$159K
Pt IX · Ln 25
Net assets
$151K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$17K
Where spending went · Part IX cols B–D
Program services $0.44 Management & general $0.48 Fundraising $0.08
Program efficiency
44%
of spending reaches programs▼ -15% vs prior filing year
Operating runway
9.2mo
months of highly liquid reserves at operating expense rate▲ +21% vs prior filing year
Surplus margin
-12%
revenue over expenses, this year▲ +66% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$142K
FY2025▼ -13%
Expenses
$159K
FY2025▼ -28%
Total assets
$156K
FY2025▼ -7%
Total liabilities
$5K
FY2025▲ +402%
Total revenue
$142K
Pt VIII · Ln 12
Total expenses
$159K
Pt IX · Ln 25
Net assets
$151K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$17K
Total assetsPt X · Ln 16$156K
Program-expense ratioPt IX · col B44%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTada Foundation INC
EINHdr · item D81-2634379
Principal addressHdr · item CAtlanta, GA
WebsiteHdr · item Jwww.tadafoundation.org
Year of formationHdr · item L2016
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A20)
Ruling yearIRS BMFDec 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
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
Executive Director
$45,000Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Kara Jacobson’s $45K as Executive Director is at the 39th percentile of top reported officer pay among 2213 $100K–1M arts & culture 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 · 2 named individuals · Part VII

NameFY2025FY2025FY2024FY2023FY2022
Kara Jacobson$45,000$30,417$20,000
Kara L Jacobson$25,118$1,667

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 $71K of program spending, described in the organization's own filed words · FY2025.
01

Tada foundation provides dance classes and performance opportunities for kids and adults with and without disabilities. We offer a free weekly dance class for those ages 55+, a weekly class for kids with disabilities, and a pre-professional classical ballet training program.

$71Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$94K · 66%
Contributions & grants$48K · 34%
Program service revenue66%$94K
Contributions & grants34%$48K
— government grantsLn 1e$37K
Total revenueLn 12$142K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.44 Management & general $0.48 Fundraising $0.08
Program services44%$71K
Management & general48%$76K
Fundraising8%$13K
Total functional expensesLn 25$159K

Balance Sheet

Part X · end of year
CashLn 1$119K
Total assetsLn 16$156K
Total liabilitiesLn 26$5K
Total net assetsLn 32$151K
Months of cash on handcomputed9.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $119K · Operating expenses (Pt IX) $159K · Less non-cash grants $3K · Cash operating expenses/yr $155K
9.2 months
Where the money goes
Program services
Program services $71K · Total expenses $159K
44%
Management & General
Management & general $76K · Total expenses $159K
48%
Fundraising
Fundraising $13K · Total expenses $159K
8%
Cost to raise $1
Fundraising expense (3-yr avg) $13K · Solicited contributions (3-yr avg) $20K
$0.68 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $48K · Total revenue $142K
34%
Government reliance
Government grants $37K · Total revenue $142K
26%
Earned-income share
Program service revenue $94K · Total revenue $142K
66%
Investment reliance
Investment income $0 · Total revenue $142K
0%
Program self-sufficiency
Program service revenue $94K · Total expenses $159K
59%
Growth & trend
Revenue growth (YoY)
This year $142K · Prior year $164K
-13%
Revenue CAGR
FY2021 $153K · FY2025 $142K
-2%
Net-asset trend (YoY)
End of year $151K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $142K · Expenses $159K
-12%
Liabilities-to-Assets
Total liabilities — · Total assets $156K
Net-asset ratio
Net assets $151K · Total assets $156K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $156K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Kara Jacobson · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $45K · Total expenses $159K
28%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $28K · Total expenses $159K
18%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 44%
Overhead ratio 48%
Fundraising cost ratio 26%
Revenue growth -13%

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 · FY2024
Total grants receivedfrom 1 funder$2K

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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$164K revenue · ⤓ 990 PDF
FY2024$358K revenue · ⤓ 990 PDF
FY2023$181K revenue · ⤓ 990 PDF
FY2022$153K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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