BALAFON WEST AFRICAN DANCE ENSEMBLE (EIN 522286472) - 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

2010

Principal Officer

LINSEY MCDANIEL

Phone

4129513303

Tax Period

2023-01-01 to 2023-12-31

BALAFON WEST AFRICAN DANCE ENSEMBLE, founded in 2010, is a small nonprofit in the Arts, Culture & Humanities sector that reported $403K in total revenue in fiscal year 2023. Revenue surged 78% from the prior year, signaling strong growth momentum. The organization ran a surplus of $173K, a strong 43% operating margin.

Mission

OUR MISSION IS CREATING ENRICHING OPPORTUNITIES TO EXPERIENCE THE JOYFUL SPIRIT OF TRADITIONAL WEST AFRICAN DANCE CENTERING THE CULTURAL CONTRIBUTIONS OF WOMEN.

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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 $363,999

Program Service Revenue $27,991

Investment Income $126

Other Revenue $10,875

TOTAL REVENUE $402,991

Expense Breakdown

Grants Paid $0

Salaries & Benefits $64,339

Fundraising Expenses $9,292

Program Expenses $141,229

Other Expenses $165,991

TOTAL EXPENSES $230,330

Year-over-Year Comparison

	2023	2022	Change
Revenue	$402,991	$226,916	+0.8%
Expenses	$230,330	$159,450	+0.4%
Net Income	$172,661	$67,466	+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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PEGGY B HARRIS	PRESIDENT	3.00	Officer Director	$0	$0	$0
LAVERNE BAKER HOTEP	SECRETARY	3.00	Officer Director	$0	$0	$0
DARRELL BALDWIN	TREASURER	3.00	Officer Director	$0	$0	$0
DAILIA DEE BYRD	MEMBER	3.00	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
2023	$402,991	$230,330	$376,297	$172,661
2022	$226,916	$159,450	$201,941	$67,466
2022	$214,416	$159,451	$194,825	$54,965

BALAFON WEST AFRICAN DANCE ENSEMBLE