Karen Peterson and Dancers Inc (EIN 592767992) - 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

1986

Legal Domicile

Principal Officer

Karen Peterson Corash

Phone

3053786626

Tax Period

2024-01-01 to 2024-12-31

Karen Peterson and Dancers Inc, founded in 1986, is a small nonprofit that reported $134K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $203K exceeded revenue, resulting in a 51% operating deficit.

Mission

To promote artistic integrity within the arts and disabled community by crossing barriers outside of the traditional dance arena

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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 $119,445

Program Service Revenue $14,563

Investment Income $120

Other Revenue $0

TOTAL REVENUE $134,128

Expense Breakdown

Grants Paid $1,842

Salaries & Benefits $19,500

Fundraising Expenses $0

Program Expenses $179,933

Other Expenses $181,645

TOTAL EXPENSES $202,987

Year-over-Year Comparison

	2024	2023	Change
Revenue	$134,128	$157,260	-0.1%
Expenses	$202,987	$118,443	+0.7%
Net Income	$-68,859	$38,817	-2.8%

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

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

$19,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Karen Peterson Corash	President	40.00	Director	$19,500	$0	$19,500
See Attached List	Trustee	0.00	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	$134,128	$202,987	$89,310	$-68,859
2023	$157,260	$118,443	$172,229	$38,817
2022	$197,582	$176,343	$133,412	$21,239
2021	$152,608	$170,598	$112,173	$-17,990
2020	$157,567	$90,992	$174,649	$66,575
2019	$146,752	$218,489	$99,622	$-71,737
2018	$256,799	$241,079	$174,352	$15,720

Karen Peterson and Dancers Inc