BROOMFIELD DANCE INC (EIN 841506596) - 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

1961

Legal Domicile

Principal Officer

Heidi Thomas

Phone

3034663212

Tax Period

2024-07-01 to 2025-06-30

BROOMFIELD DANCE INC, founded in 1961, is a small nonprofit that reported $231K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $288K exceeded revenue, resulting in a 24% operating deficit.

Mission

Dance Arts Studio is fully devoted to providing our students with support and encouragement to work hard build self-confidence and discipline and be inspired to grow and excel in their dance education. We provide quality dance instruction through caring professional instructors in a friendly family-oriented atmosphere that motivates dancers to become a positive force in the community perform at their personal best and HAVE FUN!

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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 $33,420

Program Service Revenue $187,614

Investment Income $4

Other Revenue $10,215

TOTAL REVENUE $231,253

Expense Breakdown

Grants Paid $0

Salaries & Benefits $157,571

Fundraising Expenses $0

Program Expenses $198,581

Other Expenses $130,038

TOTAL EXPENSES $287,609

Year-over-Year Comparison

	2024	2023	Change
Revenue	$231,253	$282,434	-0.2%
Expenses	$287,609	$328,755	-0.1%
Net Income	$-56,356	$-46,321	+0.2%

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

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

$66,829

Total Directors

$41,164

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Heidi Thomas	Artistic Director President	40.00	Officer Director	$41,164	$0	$41,164
Cathy Johnson	Bookkeeper	25.00	Officer	$21,200	$0	$21,200
Aubrey Carlson	Financial Tech Manager	4.00	Officer	$4,465	$0	$4,465

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
2025	$231,253	$287,609	No data	$-56,356
2024	$282,434	$328,755	$56,356	$-46,321
2023	$319,936	$322,728	$106,692	$-2,792
2022	$273,114	$284,502	$103,749	$-11,388
2021	$267,477	$240,791	$126,179	$26,686
2020	$243,199	$227,665	$124,362	$15,534

BROOMFIELD DANCE INC