Civic Intelligence

Dance Giant Steps Inc

990 • Fiscal year 2016 • EIN 11-2608709

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 10, 2016

137 Montague StreetBrooklyn, NY 11201-3402

(713) 673-6395

Siviq Scores

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

Liabilities / Assets

98th percentile

4.26x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

96th percentile

1.35x

Higher debt load relative to revenue than 96% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

18th percentile

-17%

Higher net margin than 18% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

34th percentile

-5.7%

Faster asset growth than 34% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

28th percentile

-15%

Faster revenue growth than 28% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$8,981

Down $539 (-5.7%) from 2015

Net Assets

Down

-$29,250

Down $4,719 (-19%) from 2015

Liabilities

Up

$38,231

Up $4,180 (+12%) from 2015

Revenue

Down

$28,236

Down $5,109 (-15%) from 2015

Expenses

Down

$32,955

Down $1,457 (-4.2%) from 2015

Net Income

Down

-$4,719

Down $3,652 (-342%) from 2015

Historical Trend

Balance Sheet Trend

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

$40K$20K$0-$20K-$40KAssets 2011: $7,857Liabilities 2011: $18,175Net Assets 2011: -$10,3182011Assets 2012: $8,193Liabilities 2012: $29,635Net Assets 2012: -$21,4422012Assets 2013: $6,617Liabilities 2013: $21,320Net Assets 2013: -$14,7032013Assets 2014: $8,347Liabilities 2014: $31,811Net Assets 2014: -$23,4642014Assets 2015: $9,520Liabilities 2015: $34,051Net Assets 2015: -$24,5312015Assets 2016: $8,981Liabilities 2016: $38,231Net Assets 2016: -$29,2502016

Highlighted filing

2016

Assets$8,981
Liabilities$38,231
Net Assets-$29,250

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2011: $41,135Expenses 2011: $49,614Net Income 2011: -$8,4792011Expenses 2012: $58,0562012Revenue 2013: $47,612Expenses 2013: $49,413Net Income 2013: -$1,8012013Revenue 2014: $37,130Expenses 2014: $45,891Net Income 2014: -$8,7612014Revenue 2015: $33,345Expenses 2015: $34,412Net Income 2015: -$1,0672015Revenue 2016: $28,236Expenses 2016: $32,955Net Income 2016: -$4,7192016

Highlighted filing

2016

Revenue$28,236
Expenses$32,955
Net Income-$4,719
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 10, 2016
Return Version
2015v2.1
Gross Receipts
$28,236
Mission and Program Overview

Mission

Arts Service Organization.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,902$5,478▲ $576
Cash and Non-Interest-Bearing Accounts$1,369$1,360▼ $9
Accounts Receivable$393$234▼ $159
Total Assets$9,520$8,981▼ $539
Other Assets Total$2,856$1,909▼ $947
Liabilities
Unsecured Notes Loans Payable$27,500$27,500→ $0
Accounts Payable and Accrued Expenses$6,551$10,731▲ $4,180
Total Liabilities$34,051$38,231▲ $4,180
Net Assets / Fund Balance
Unrestricted Net Assets$-24,531$-29,250▼ $4,719
Total Net Assets Fund Balance$-24,531$-29,250▼ $4,719
Total Liabilities and Net Assets / Fund Balance$9,520$8,981▼ $539

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,478$21,990$27,468
Other Assets Org$289--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Greer SmithActing Chairperson
Ardella WilsonBoard Secretary
Bernadine JenningsExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$26,862
Program Service Revenue
$526
Investment Income
$0
Other Revenue
$848
All Other Contributions
$24,246
Change in Net Assets
$-4,719
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$32,955
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$4,238$6,143-$10,381
Occupancy$372$6,000-$6,372
Advertising$2,875--$2,875
Depreciation Depletion$995$1,734-$2,729
Travel$937--$937
Other Expenses$588--$588
Office Expenses-$360-$360
Fees for Services Accounting-$300-$300
Total Functional Expenses$18,418$14,537$0$32,955
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

The organization did in fact provide a copy of the Form 990 for fiscal year end 06/30/2015 to all members of the governing body before filing saidf Form 990. Ata scheduled meeting, in Mid-September each member is given a copy for review purposes, for not only fiscal but also narrative information being submitted.

Conflict of interest policy compliance Part VI line 12C

The Organizations purpose of establishing a Conflict of Interest Policy is its effort to protect its interest when it contemplates entering into a transaction or arrangement that might benefit the private interest of an Officer or Director of the Organization or might result in the possible excess benefit transaction. The Conflict of Interest Policy stays on file and measures are taken to help ensure that there iscompliance with its various Articles.Any interested person with a financial interest has a duty to disclose any Financial Interest to the Directors and Members of the Committee before entering into any transaction or arrangement. There are policies in place to address actua/proposed violations of the Conflict of Interest Policy including periodic reviews and outside experts

Governing documents etc available to public Part VI line 19

Organization e-mails the Governing Body to notify them that the Organizations governing documents including its policy on Conflict of Interest are available for inspection and review during normal business hours. The Financial Statements, including Form 990 and Form Char 500 (NYS) filed with The NYS Department of Law...Office Of The Attorney General...are available for inspection.

Filing and Contact Details

Filer

Filer Name
Dance Giant Steps Inc
EIN
11-2608709
Address
137 Montague Street, Brooklyn, NY 11201-3402

Signing Officer

Name
Bernadine Jennings
Title
Executive Direc
Phone
2817331066
Signed
2016-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bernadine Jennings
Formed
1981
Legal Domicile
Ny
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
15

Preparer

Firm
Ludwig Sheppard Inc
Address
Post Office Box 26636, Brooklyn, NY 11202-6636
Preparer
Ludwig Sheppard
Phone
7182239925
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

Description: Management & General Bank and Other Service Charges $ 375.00 Registration and Filing Fees 25.00 Professional Memberships 94.00 Reference Materials 128.00 Expendible Equipment 516.00 Office Supplies Expense 657.00 Telephone Expenses 15.00 Reproduction Costs 342.00Total $ 2152.00

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization did in fact provide a copy of the Form 990 for fiscal year end 06/30/2015 to all members of the governing body before filing saidf Form 990. Ata scheduled meeting, in Mid-September each member is given a copy for review purposes, for not only fiscal but also narrative information being submitted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Organizations purpose of establishing a Conflict of Interest Policy is its effort to protect its interest when it contemplates entering into a transaction or arrangement that might benefit the private interest of an Officer or Director of the Organization or might result in the possible excess benefit transaction. The Conflict of Interest Policy stays on file and measures are taken to help ensure that there iscompliance with its various Articles.Any interested person with a financial interest has a duty to disclose any Financial Interest to the Directors and Members of the Committee before entering into any transaction or arrangement. There are policies in place to address actua/proposed violations of the Conflict of Interest Policy including periodic reviews and outside experts
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Organization e-mails the Governing Body to notify them that the Organizations governing documents including its policy on Conflict of Interest are available for inspection and review during normal business hours. The Financial Statements, including Form 990 and Form Char 500 (NYS) filed with The NYS Department of Law...Office Of The Attorney General...are available for inspection.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: Management & General Bank and Other Service Charges $ 375.00 Registration and Filing Fees 25.00 Professional Memberships 94.00 Reference Materials 128.00 Expendible Equipment 516.00 Office Supplies Expense 657.00 Telephone Expenses 15.00 Reproduction Costs 342.00Total $ 2152.00
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IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt014537
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt018418
IRS990/TotalFunctionalExpensesGrp/TotalAmt032955
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt034051
IRS990/TotalLiabilitiesEOYAmt038231
IRS990/TotalLiabilitiesGrp/BOYAmt034051
IRS990/TotalLiabilitiesGrp/EOYAmt038231
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-24531
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-29250
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt018418
IRS990/TotalProgramServiceRevenueAmt0526
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01374
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt028236
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt09520
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08981
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ProgramServicesAmt0937
IRS990/TravelGrp/TotalAmt0937
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-24531
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-29250
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt027500
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt027500
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0137 Montague Street Suite 303
IRS990/USAddress/CityNm0Brooklyn
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd0112013402
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Bernadine Jennings
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Direc
ReturnHeader/BusinessOfficerGrp/PhoneNum02817331066
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Dance Giant Steps Inc
ReturnHeader/Filer/BusinessNameControlTxt0DANC
ReturnHeader/Filer/EIN0112608709
ReturnHeader/Filer/USAddress/AddressLine1Txt0137 Montague Street
ReturnHeader/Filer/USAddress/CityNm0Brooklyn
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd0112013402
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0133601038
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Ludwig Sheppard Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0Post Office Box 26636
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Brooklyn
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0112026636
ReturnHeader/PreparerPersonGrp/PhoneNum07182239925
ReturnHeader/PreparerPersonGrp/PreparationDt02016-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Ludwig Sheppard
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-11-11T00:35:00-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

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