Metropolitan School of Dance Inc (EIN 731365192) - 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

2001

Legal Domicile

Principal Officer

Frances Pitts

Phone

4052365026

Tax Period

2024-01-01 to 2024-12-31

Metropolitan School of Dance Inc, founded in 2001, is a small nonprofit that reported $165K in total revenue in fiscal year 2024. Revenue surged 56% from the prior year, signaling strong growth momentum. The organization ran a surplus of $35K, a strong 21% operating margin.

Mission

The organizaton provides carious form of dance art to children who cannot afford private lessons. The organixation exposes children to various culture dance art forms.

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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 $165,301

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $165,301

Expense Breakdown

Grants Paid $0

Salaries & Benefits $47,612

Fundraising Expenses $5,824

Other Expenses $82,978

TOTAL EXPENSES $130,590

Year-over-Year Comparison

	2024	2023	Change
Revenue	$165,301	$105,930	+0.6%
Expenses	$130,590	$113,917	+0.1%
Net Income	$34,711	$-7,987	-5.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Berry Pitts	Treasurer	004.00	Director	$0	$0	$0
Terry Goforth	Volunteer Coordinator	004.00	Director	$0	$0	$0
Andre Francisco	President	004.00	Director	$0	$0	$0
Barbara Miller	Member	004.00	Director	$0	$0	$0
Annette Harkless	Member	004.00	Director	$0	$0	$0
Larry Epps	Vice President	004.00	Director	$0	$0	$0
Tommie Parker	Member	004.00	Director	$0	$0	$0
Richard McPherson	Secretary	004.00	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	$165,301	$130,590	$44,911	$34,711
2023	$105,930	$113,917	$9,550	$-7,987
2022	$192,504	$202,142	$20,742	$-9,638
2021	$88,182	$95,305	$30,933	$-7,123
2020	$72,874	$59,895	$38,056	$12,979
2019	$68,932	$71,373	$577	$-2,441
2018	$95,712	$97,120	$3,018	$-1,408

Metropolitan School of Dance Inc