DANCE 4 JOY MINISTRIES

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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

2016

Legal Domicile

Principal Officer

CHRISTINA HERNANDEZ

Phone

9497912424

Tax Period

2024-01-01 to 2024-12-31

DANCE 4 JOY MINISTRIES, founded in 2016, is a small nonprofit in the Religion sector that reported $461K in total revenue in fiscal year 2024. Revenue surged 75% from the prior year, signaling strong growth momentum. Expenses of $397K left a modest 14% surplus.

Mission

TEACH AND PREACH THE GOSPEL TO ALL PEOPLE THROUGH THE ART OF DANCE.

Program Service Accomplishments

Program 1

Expenses: $249,094

TRAIN DANCERS IN ALL FORMS OF DANCE(CLASSICAL AND CONTEMPORARY, BALET, TAP JAZZ, HIP HOP, MODERN, CREATIVE EXPRESSION, LITURGICAL BANNERS, DANCE CONDITIONING, SCARED ARTISTRT DEVELOPMENT) THROUGH...

TRAIN DANCERS IN ALL FORMS OF DANCE(CLASSICAL AND CONTEMPORARY, BALET, TAP JAZZ, HIP HOP, MODERN, CREATIVE EXPRESSION, LITURGICAL BANNERS, DANCE CONDITIONING, SCARED ARTISTRT DEVELOPMENT) THROUGH DAILY PROGRAMS. PROVIDE ANNUAL CONFERENCES FOR ADDITIONAL TRAINING. PROVIDE SMALL AND LARGE CONCERTS FREE TO ANYONE WHO WANTS TO ATTEND. VISIT AND PRESENT THE GOSPEL IN DANCE FOR THE ELDERLY IN CONALESCENT HOMES, CHILDREN IN SCHOOLS, ALL PEOPLE AT COMMUNITY FESTIVALS, ALL CHURCHES AND THE SICK IN HOSPITALS.

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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 $237,417

Program Service Revenue $203,569

Investment Income $-9

Other Revenue $20,256

TOTAL REVENUE $461,233

Expense Breakdown

Grants Paid $0

Salaries & Benefits $164,257

Fundraising Expenses $0

Program Expenses $249,094

Other Expenses $232,750

TOTAL EXPENSES $397,007

Year-over-Year Comparison

	2024	2023	Change
Revenue	$461,233	$263,741	+0.7%
Expenses	$397,007	$222,269	+0.8%
Net Income	$64,226	$41,472	+0.5%

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
MIKE MICHAUD	Director	4.00	Officer	$0	$0	$0
CHRISTINA HERNANDEZ	Vice President	4.00	Officer	$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	$461,233	$397,007	$75,490	$64,226
2023	$263,741	$222,269	$44,747	$41,472
2022	$247,027	$243,346	$22,352	$3,681
2021	$241,255	$256,120	$22,466	$-14,865
2020	$195,511	$175,344	$50,725	$20,167