Legworks Dance Competition Inc (EIN 270259038) - 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

2009

Legal Domicile

Principal Officer

Danielle Guinta

Phone

6313993930

Tax Period

2024-01-01 to 2024-12-31

Legworks Dance Competition Inc, founded in 2009, is a small nonprofit in the Arts, Culture & Humanities sector that reported $119K in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $135K exceeded revenue, resulting in a 14% operating deficit.

Mission

To enhance dance amongst the adolescent community.

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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 (2024)

Revenue Breakdown

Contributions & Grants $118,986

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $118,986

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $135,108

Other Expenses $135,192

TOTAL EXPENSES $135,192

Year-over-Year Comparison

	2024	2023	Change
Revenue	$118,986	$150,030	-0.2%
Expenses	$135,192	$169,967	-0.2%
Net Income	$-16,206	$-19,937	-0.2%

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

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Danielle Guinta	President	3.00	Officer Director	$0	$0	$0
Adeline F Guinta	Treasurer	3.00	Officer 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	$118,986	$135,192	$20,261	$-16,206
2023	$150,030	$169,967	$36,467	$-19,937
2022	$163,553	$125,428	$56,404	$38,125
2021	$63,027	$49,376	$18,279	$13,651
2020	$45,831	$67,903	$4,628	$-22,072
2019	$104,367	$85,695	$26,700	$18,672
2018	$59,996	$82,321	$8,028	$-22,325

Legworks Dance Competition Inc