ORMAO DANCE COMPANY INC (EIN 202793024) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

JANET JOHNSON

Phone

7194719759

Tax Period

2023-01-01 to 2023-12-31

ORMAO DANCE COMPANY INC, founded in 2005, is a small nonprofit in the Arts, Culture & Humanities sector that reported $276K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

ORMAO'S MISSION STATEMENT IS THREEFOLD: 1) TO PROVOKE, CHALLENGE, AND ENTERTAIN THOSE IN OUR COMMUNITY AND BEYOND THROUGH THE CREATIVE LANGUAGE OF DANCE. 2) TO ENCOURAGE DIVERSITY AND EXPERIMENTATION IN THE ARTS. 3) TO ENRICH AND ENHANCE CULTURAL OPPORTUNITIES WITHIN SOUTHERN COLORADO'S COMMUNITIES AND SCHOOLS BY SPEAR-HEADING INITIATIVES THAT BRING DANCE TO THE PUBLIC AND PROGRAMS THAT EDUCATE PEOPLE OF ALL AGES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $103,247

Program Service Revenue $172,836

Investment Income $232

Other Revenue $0

TOTAL REVENUE $276,315

Expense Breakdown

Grants Paid $0

Salaries & Benefits $140,603

Fundraising Expenses $5,248

Program Expenses $145,160

Other Expenses $130,244

TOTAL EXPENSES $270,847

Year-over-Year Comparison

	2023	2022	Change
Revenue	$276,315	$247,468	+0.1%
Expenses	$270,847	$250,609	+0.1%
Net Income	$5,468	$-3,141	-2.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$32,200

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANET JOHNSON	EXE/ARTISTIC	40.00	Officer	$32,200	$0	$32,200
LAURA CHICKERING	DIRECTOR	2.00	Director	$0	$0	$0
ROBIN IZER	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
MARY ANN KLUGE	DIRECTOR	2.00	Director	$0	$0	$0
GLORIA LATIMER	PRESIDENT	2.00	Officer Director	$0	$0	$0
MICHELLE HOODY WHITE	SECRETARY	2.00	Officer Director	$0	$0	$0
LEAH DAVIS WITHEROW	DIRECTOR	2.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$276,315	$270,847	$37,398	$5,468
2022	$247,468	$250,609	$35,916	$-3,141
2021	$219,944	$209,627	$52,890	$10,317

ORMAO DANCE COMPANY INC