Civic Intelligence

Ballet Academy Inc

990EZ • Fiscal year 2021 • EIN 04-2615004

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 23, 2021

Organization ProfileTHEBALLETACADEMY.COM
235 Gray StreetArlington, MA 02476

(781) 641-4477

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

82nd percentile

0.20x

Higher debt load relative to assets than 82% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

98th percentile

4.07x

Higher debt load relative to revenue than 98% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

2nd percentile

-634%

Higher net margin than 2% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

26th percentile

-10%

Faster asset growth than 26% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

3rd percentile

-98%

Faster revenue growth than 3% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Down

$16,299

Down $1,814 (-10%) from 2020

Net Assets

Down

$13,044

Down $5,069 (-28%) from 2020

Liabilities

Up

$3,255

Up $3,255 from 2020

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin2nd percentile

Revenue

Down

$800

Down $41,771 (-98%) from 2020

Expenses

Down

$5,869

Down $26,262 (-82%) from 2020

Net Income

Down

-$5,069

Down $15,509 (-149%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20K$15K$10K$5.0K$0Assets 2011: $3,918Liabilities 2011: $02011Assets 2012: $4,673Liabilities 2012: $02012Assets 2013: $5,800Liabilities 2013: $02013Assets 2014: $3,414Liabilities 2014: $02014Assets 2015: $1,724Liabilities 2015: $02015Assets 2016: $6,065Liabilities 2016: $02016Assets 2017: $9,933Liabilities 2017: $02017Assets 2018: $10,340Liabilities 2018: $02018Assets 2019: $7,673Liabilities 2019: $02019Assets 2020: $18,113Liabilities 2020: $0Net Assets 2020: $18,1132020Assets 2021: $16,299Liabilities 2021: $3,255Net Assets 2021: $13,0442021Assets 2022: $13,402Liabilities 2022: $0Net Assets 2022: $13,4022022Assets 2023: $11,941Liabilities 2023: $0Net Assets 2023: $11,9412023Assets 2024: $17,920Liabilities 2024: $0Net Assets 2024: $17,9202024Assets 2025: $0Liabilities 2025: $0Net Assets 2025: $02025

Highlighted filing

2021

Assets$16,299
Liabilities$3,255
Net Assets$13,044
Open 2021 Filing

Operations Trend

Revenue Growth3rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2011: $82,052Expenses 2011: $84,604Net Income 2011: -$2,5522011Revenue 2012: $85,231Expenses 2012: $84,476Net Income 2012: $7552012Revenue 2013: $92,176Expenses 2013: $91,049Net Income 2013: $1,1272013Revenue 2014: $88,928Expenses 2014: $91,314Net Income 2014: -$2,3862014Revenue 2015: $87,960Expenses 2015: $89,650Net Income 2015: -$1,6902015Revenue 2016: $76,170Expenses 2016: $71,829Net Income 2016: $4,3412016Revenue 2017: $74,194Expenses 2017: $70,326Net Income 2017: $3,8682017Revenue 2018: $85,414Expenses 2018: $85,007Net Income 2018: $4072018Revenue 2019: $80,330Expenses 2019: $82,997Net Income 2019: -$2,6672019Revenue 2020: $42,571Expenses 2020: $32,131Net Income 2020: $10,4402020Revenue 2021: $800Expenses 2021: $5,869Net Income 2021: -$5,0692021Revenue 2022: $35,384Expenses 2022: $35,026Net Income 2022: $3582022Revenue 2023: $34,780Expenses 2023: $36,241Net Income 2023: -$1,4612023Revenue 2024: $34,761Expenses 2024: $28,782Net Income 2024: $5,9792024Revenue 2025: $15,308Expenses 2025: $33,228Net Income 2025: -$17,9202025

Highlighted filing

2021

Revenue$800
Expenses$5,869
Net Income-$5,069
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 23, 2021
Return Version
2020v4.1
Gross Receipts
$800
Mission and Program Overview

Mission

Instruction in ballet by the cecchetti method.

Program Services

DescriptionGrantsExpenses
BALLET INSTRUCTION$0$0
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
FRANCES KOTELLYPresidentPT$0--
CHRISTOPHER KOTELLYTreasurer/Director-$0--
JOHN KOTELLYClerk/Director-$0--
Filing and Contact Details

Filer

Filer Name
Ballet Academy Inc
EIN
04-2615004
Phone
7816414477
Address
235 GRAY STREET, ARLINGTON, MA 02476

Signing Officer

Name
Frances Kotelly
Title
President
Phone
7816414477
Signed
2021-11-23
Discuss with paid preparer
Yes

Preparer

Firm
Koundakjian & Co PC CPA's
Address
9 Meriam St Suite 2, Lexington, MA 02420-5312
Preparer
Donald K Koundakjian
Phone
7818611170
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 14

“Description: Depreciation. Amount: 521.”

Form 990-EZ, Part I, Line 16 - Other Expenses

“Description: INSURANCE. Amount: 247. Description: MISCELLANEOUS. Amount: 200. Description: TELEPHONE. Amount: 527. Description: FILING FEES. Amount: 50. Description: TECHNICAL ASSISTANT. Amount: 500. Description: REFUNDS. Amount: 970. Total to Form 990-EZ, line 16: 2494.”

Form 990-EZ, Part II, Line 24 - Other Assets

“Description: Other Depreciable Assets. Beg. of Year Amount: 2370. End of Year Amount: 1849.”

Form 990-EZ, Part II, Line 26 - Other Liabilities

“Description: DUE TO OFFICER. Beg. of Year Amount: 0. End of Year Amount: 3255.”

Raw XML Appendix153 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0FRANCES KOTELLY
IRS990EZ/BooksInCareOfDetail/PhoneNum07816464704
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0235 GRAY STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ARLINGTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002476
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt015743
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt014450
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-5069
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01300
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt018113
IRS990EZ/Form990TotalAssetsGrp/EOYAmt016299
IRS990EZ/GrossReceiptsAmt0800
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt018113
IRS990EZ/NetAssetsOrFundBalancesEOYAmt013044
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt018113
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt013044
IRS990EZ/OccupancyRentUtltsAndMaintAmt0521
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt025.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0FRANCES KOTELLY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CHRISTOPHER KOTELLY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOHN KOTELLY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER/DIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CLERK/DIR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt02370
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01849
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt02494
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0INSTRUCTION IN BALLET BY THE CECCHETTI METHOD.
IRS990EZ/PrintingPublicationsPostageAmt01554
IRS990EZ/ProgramServiceRevenueAmt0800
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0BALLET INSTRUCTION
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd01
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt03255
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt05869
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0800
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0THEBALLETACADEMY.COM
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd00
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0Newspaper and internet advertising includes a reference to the school's racially nondiscriminatory policy.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1Organization does not solicit contributions
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 4
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: Depreciation. Amount: 521.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: INSURANCE. Amount: 247. Description: MISCELLANEOUS. Amount: 200. Description: TELEPHONE. Amount: 527. Description: FILING FEES. Amount: 50. Description: TECHNICAL ASSISTANT. Amount: 500. Description: REFUNDS. Amount: 970. Total to Form 990-EZ, line 16: 2494.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: Other Depreciable Assets. Beg. of Year Amount: 2370. End of Year Amount: 1849.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: DUE TO OFFICER. Beg. of Year Amount: 0. End of Year Amount: 3255.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 24 - Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 26 - Other Liabilities
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0FRANCES KOTELLY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07816414477
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BALLET ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0BALL
ReturnHeader/Filer/EIN0042615004
ReturnHeader/Filer/PhoneNum07816414477
ReturnHeader/Filer/USAddress/AddressLine1Txt0235 GRAY STREET
ReturnHeader/Filer/USAddress/CityNm0ARLINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002476
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042807416
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Koundakjian & Co PC CPA's
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09 Meriam St Suite 2
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lexington
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0024205312
ReturnHeader/PreparerPersonGrp/PhoneNum07818611170
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Donald K Koundakjian
ReturnHeader/ReturnTs02021-12-13T12:15:43-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0FRANCES
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KOTELLY
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,299
Liabilities
$3,255
Net assets
$13,044
Revenue
$800
Expenses
$5,869
Net income
-$5,069
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$15.3$33.2$17.9
2024Detailed filing. Detailed filing data is available for this year.$17.9$0.00$17.9$34.8$28.8$5.98
2023Detailed filing. Detailed filing data is available for this year.$11.9$0.00$11.9$34.8$36.2$1.46
2022Detailed filing. Detailed filing data is available for this year.$13.4$0.00$13.4$35.4$35.0$0.36
2021Detailed filing. Detailed filing data is available for this year.$16.3$3.26$13.0$0.80$5.87$5.07
2020Detailed filing. Detailed filing data is available for this year.$18.1$0.00$18.1$42.6$32.1$10.4
2019Summary only. Only limited summary data is available for this year.$7.67$0.00$80.3$83.0$2.67
2018Summary only. Only limited summary data is available for this year.$10.3$0.00$85.4$85.0$0.41
2017Summary only. Only limited summary data is available for this year.$9.93$0.00$74.2$70.3$3.87
2016Summary only. Only limited summary data is available for this year.$6.07$0.00$76.2$71.8$4.34
2015Summary only. Only limited summary data is available for this year.$1.72$0.00$88.0$89.7$1.69
2014Summary only. Only limited summary data is available for this year.$3.41$0.00$88.9$91.3$2.39
2013Summary only. Only limited summary data is available for this year.$5.80$0.00$92.2$91.0$1.13
2012Summary only. Only limited summary data is available for this year.$4.67$0.00$85.2$84.5$0.76
2011Summary only. Only limited summary data is available for this year.$3.92$0.00$82.1$84.6$2.55