BALLET FLORIDA INC (EIN 383941176) - 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

2014

Legal Domicile

Principal Officer

LAUREN CAREY

Phone

5616859303

Tax Period

2021-01-01 to 2021-12-31

BALLET FLORIDA INC, founded in 2014, is a small nonprofit that reported $345K in total revenue in fiscal year 2021. Revenue surged 226% from the prior year, signaling strong growth momentum. The organization ran a surplus of $126K, a strong 37% operating margin.

Mission

TO SUPPORT DANCE CREATION, EDUCATION, AND PRESERVATION THROUGH THE HIGHEST QUALITY PERFORMANCES AND EDUCATIONAL PRGRAMMING AND TO REACH THE WIDEST POSSIBLE AUDIENCE TO DEEPEN THE PUBLIC APPRECIATION OF DANCE AS AN ART FORM

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $77,818

Investment Income $267,126

Other Revenue $0

TOTAL REVENUE $344,944

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $771

Program Expenses $136,490

Other Expenses $218,708

TOTAL EXPENSES $218,708

Year-over-Year Comparison

	2021	2020	Change
Revenue	$344,944	$105,830	+2.3%
Expenses	$218,708	$228,704	0.0%
Net Income	$126,236	$-122,874	-2.0%

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

N/A

Volunteers

N/A

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

$41,550

Total Directors

$41,550

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAUREN CAREY	PRESIDENT	40.00	Officer Director	$23,000	$0	$23,000
LYNDSEY CAREY	VICE PRESIDE	25.00	Officer Director	$18,550	$0	$18,550
GUY PALMER	SECRETARY	1.00	Officer	$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
2021	$344,944	$218,708	$5,256,642	$126,236
2020	$105,830	$228,704	$2,634,606	$-122,874
2019	$72,508	$374,556	$2,664,629	$-302,048
2018	$103,907	$244,418	$2,950,401	$-140,511

BALLET FLORIDA INC