OPEN WORLD DANCE FOUNDATION INC

EIN: 453137601 501(c)(3) Arts, Culture & Humanities

MERRITT ISLAND, FL

Total Revenue
$102,341
Total Expenses
$99,343
Total Assets
$3,179
Net Assets
$3,179
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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
2011
Legal Domicile
FL
Principal Officer
EKATARINA CHTCHELKANOVA
Phone
9178687848
Tax Period
2022-01-01 to 2022-12-31

OPEN WORLD DANCE FOUNDATION INC, founded in 2011, is a small nonprofit in the Arts, Culture & Humanities sector that reported $102K in total revenue in fiscal year 2022. Revenue decreased 10% compared to the prior year.

Mission

PROVIDE UNDERPRIVILEGED CHILDREN AND YOUNG ADULTS FROM RUSSIA, THE BALTIC STATES, CANADA AND THE UNITED STATES FINANCIAL SUPPORT, PROFESSIONAL EDUCATION AND MENTORING AND ARTISTIC EXPOSURE TO MAJOR PERFORMING ART CENTERS OF COMPANIES.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $102,341
Investment Income $0
Other Revenue $0
TOTAL REVENUE $102,341

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $99,343
Other Expenses $99,343
TOTAL EXPENSES $99,343

Year-over-Year Comparison

2022 2021 Change
Revenue $102,341 $113,254 -0.1%
Expenses $99,343 $118,105 -0.2%
Net Income $2,998 $-4,851 -1.6%
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

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Governance

Voting Members
2
Independent Members
2
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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EKATARINA CHTCHELKANOVA PRESIDENT N/A
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
2022 $102,341 $99,343 $3,179 $2,998
2021 $113,254 $118,105 $181 $-4,851
2020 $157,700 $153,053 $5,032 $4,647
2019 $237,039 $221,780 $16,433 $15,259
2018 $243,329 $243,973 $1,174 $-644
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