Velocity Dance Center (EIN 912030037) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1996

Legal Domicile

Principal Officer

Erin O'Reilly

Phone

5035237964

Tax Period

2024-01-01 to 2024-12-31

Velocity Dance Center, founded in 1996, is a small nonprofit in the Arts, Culture & Humanities sector that reported $928K in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum.

Mission

Velocity advances contemporary dance and movement-based art by fostering the creative explorations of artists and audiences.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $763,626

Program Service Revenue $144,047

Investment Income $9,722

Other Revenue $10,732

TOTAL REVENUE $928,127

Expense Breakdown

Grants Paid $0

Salaries & Benefits $246,868

Fundraising Expenses $32,599

Program Expenses $873,398

Other Expenses $710,269

TOTAL EXPENSES $957,137

Year-over-Year Comparison

	2024	2023	Change
Revenue	$928,127	$685,999	+0.4%
Expenses	$957,137	$654,666	+0.5%
Net Income	$-29,010	$31,333	-1.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$68,826

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Erin O'Reilly	Executive Dir.	30.00	Officer	$60,278	$8,548	$68,826
Nina Bozicnik	President	3.00	Officer Director	$0	$0	$0
Monique Courcey	Secretary	3.00	Officer Director	$0	$0	$0
Symone Sanz	Treasurer	3.00	Officer Director	$0	$0	$0
Lance Milliman	Director	3.00	Director	$0	$0	$0
Cameron Collins	Director	3.00	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	$928,127	$957,137	$444,567	$-29,010
2023	$685,999	$654,666	$472,305	$31,333
2022	$620,889	$413,294	$444,424	$207,595
2021	$506,879	$235,660	$264,310	$271,219
2020	$345,421	$482,592	$30,564	$-137,171
2019	$631,183	$707,583	$146,817	$-76,400
2018	$563,755	$699,939	$204,781	$-136,184

Velocity Dance Center