Louisville, KY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Miracle Dancer Scholarship Found, founded in 2008, is a micro nonprofit in the Education sector that reported $50K in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $60K exceeded revenue, resulting in a 20% operating deficit.
Miracle Dancers is a dance troupe in Louisville, KY comprised solely of handicapped children through age 18. The dancers have improved physical and mental acuity and an improved sense of accomplishment and self-worth. Donations are used to help financial need students.
Upon acceptance by the IRS as a 501(c)(3) entity during late 2012 fundraising programs commenced to accumulate donations to provide help to families in need of assistance through scholarship grants...
Upon acceptance by the IRS as a 501(c)(3) entity during late 2012 fundraising programs commenced to accumulate donations to provide help to families in need of assistance through scholarship grants. Other revenue amounts are provided from the families of the students in the form of tuition payments for dance instruction. 44 students were provided weekly dance instruction during a ten month school year by the organization. Students were able to perform in various venues including a broadcast performance by the Crusade for Children, a local fund-raising organization which provides funding for medical needs for handicapped children throughout a two state area. Donation request and grant applications have been submitted by the Foundation and were pending at the end of the fiscal year for additional funding. 13 scholarships were provided by the Foundation to students with demonstrated financial need. Costume assistance was provided to 33 students.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $50,335 | $63,755 | -0.2% |
| Expenses | $60,369 | $94,765 | -0.4% |
| Net Income | $-10,034 | $-31,010 | -0.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Kevin Estes | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Angela Franklin | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Kirstin Knabel | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Jamisha McIntosh | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Shauna Mason | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Diane C Chambers | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Teresa Stengel | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Rick Fields | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Robert W Chambers | Director | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $50,335 | $60,369 | $10,626 | $-10,034 |
| 2023 | $63,755 | $94,765 | $10,409 | $-31,010 |
| 2022 | $28,097 | $32,983 | $41,417 | $-4,886 |
| 2021 | $25,515 | $24,791 | $31,650 | $724 |
| 2019 | $43,399 | $34,967 | $19,503 | $8,432 |
Compare Miracle Dancer Scholarship Found with other nonprofits in Kentucky and across the country.