DIVERSITY OF DANCE INC (EIN 582400111) - 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

1998

Legal Domicile

Principal Officer

CANDACE CARPONTER

Phone

6465520770

Tax Period

2023-01-01 to 2023-12-31

DIVERSITY OF DANCE INC, founded in 1998, is a small nonprofit in the Arts, Culture & Humanities sector that reported $335K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $370K exceeded revenue, resulting in a 11% operating deficit.

Mission

DANCE EDUCATION

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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 $62,101

Program Service Revenue $272,651

Investment Income $0

Other Revenue $24

TOTAL REVENUE $334,776

Expense Breakdown

Grants Paid $2,000

Salaries & Benefits $151,423

Fundraising Expenses $0

Program Expenses $369,494

Other Expenses $216,879

TOTAL EXPENSES $370,302

Year-over-Year Comparison

	2023	2022	Change
Revenue	$334,776	$400,434	-0.2%
Expenses	$370,302	$421,475	-0.1%
Net Income	$-35,526	$-21,041	+0.7%

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

$26,950

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEORGE COLEMAN	PRESIDENT EMERITUS	2.00	Director	$0	$0	$0
F EARL MOSLEY	ARTISTIC DIRECTOR	20.00	Director	$15,825	$0	$15,825
CANDACE CARPONTER	PRESIDENT/DIRECTOR	10.00	Officer Director	$0	$0	$0
SHERYL POLLARD THOMAS	ASSOC. ART DIRECTOR	5.00	Director	$11,125	$0	$11,125
JAMAL STORY	DIRECTOR	2.00	Director	$0	$0	$0
WANDA WIIG	SECRETARY/DIRECTOR	5.00	Director	$0	$0	$0
TORYA BEARD	DIRECTOR	2.00	Director	$0	$0	$0
ARLEEN BOOP	TREASURER/DIRECTOR	2.00	Officer Director	$0	$0	$0
LAURA INGOGLIA	DIRECTOR	2.00	Director	$0	$0	$0
LAVINIA MANCUSO	DIRECTOR	2.00	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
2024	No data	No data	No data	No data
2023	$334,776	$370,302	$44,340	$-35,526
2022	$400,434	$421,475	$61,648	$-21,041
2021	$257,353	$189,179	$79,693	$68,174
2020	$139,608	$171,780	$40,183	$-32,172
2019	$396,855	$391,616	$43,457	$5,239
2018	$361,626	$366,057	$40,601	$-4,431

DIVERSITY OF DANCE INC