EDGE SCHOOL OF THE ARTS DANCE LEGACY INC

EIN: 823426582 501(c)(3) Arts, Culture & Humanities

Jamaica, NY

Total Revenue
$204,650
Total Expenses
$200,890
Total Assets
$7,960
Net Assets
$7,960
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
NY
Principal Officer
Brendez Wineglass
Phone
3473215873
Tax Period
2023-01-01 to 2023-12-31

EDGE SCHOOL OF THE ARTS DANCE LEGACY INC, founded in 2017, is a small nonprofit in the Arts, Culture & Humanities sector that reported $205K in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum.

Mission

Edge School of the Arts Dance Legacy, Inc. empowers children and families through high-quality dance education and performance, preserving cultural traditions while fostering creativity, discipline, and community pride.

Program Service Accomplishments

Program 1
Expenses: $135,678 Revenue: $0

Provided year-round dance classes and training in multiple styles for children and youth, emphasizing discipline, creativity, and cultural pride.

Program 2
Expenses: $31,650 Revenue: $3,800

Organized performances, showcases, and cultural events to highlight youth talent, engage families, and preserve cultural traditions.

Program 3
Expenses: $17,775 Revenue: $0

Engaged teaching artists and consultants to support dance instruction, choreography, and program delivery.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $195,000
Program Service Revenue $9,650
Investment Income $0
Other Revenue $0
TOTAL REVENUE $204,650

Expense Breakdown

Grants Paid $0
Salaries & Benefits $135,678
Fundraising Expenses $0
Program Expenses $185,103
Other Expenses $65,212
TOTAL EXPENSES $200,890

Year-over-Year Comparison

2023 2022 Change
Revenue $204,650 $160,000 +0.3%
Expenses $200,890 $163,720 +0.2%
Net Income $3,760 $-3,720 -2.0%
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

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Governance

Voting Members
5
Independent Members
4
Employees
2
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
4
$80,000
Total Directors
2
$80,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brendez Wineglass President 20.00
Officer
$0 $0 $0
Brice Vock Treasurer 10.00
Officer
$0 $0 $0
Jerome McKnight Secretary 5.00
Officer
$0 $0 $0
Ricardo Bentham Member 2.00
Director
$0 $0 $0
Kerri Edge Director 100.00
Officer Director
$80,000 $0 $80,000
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 $204,650 $200,890 $7,960 $3,760
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