Civic Intelligence

Codanceco Inc DBA Dancing Classrooms Long Island

990 • Fiscal year 2020 • EIN 13-3178645

Jul 01, 2019 to Jun 30, 2020 • Filed on Dec 22, 2020

205 Durkee LaneEast Patchogue, NY 11772

(631) 475-0842

Siviq Scores

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

Liabilities / Assets

87th percentile

0.48x

Higher debt load relative to assets than 87% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

85th percentile

0.26x

Higher debt load relative to revenue than 85% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

28th percentile

-11%

Higher net margin than 28% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

55th percentile

7.5%

Faster asset growth than 55% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

43rd percentile

-21%

Faster revenue growth than 43% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$125,406

Up $8,792 (+7.5%) from 2019

Net Assets

Down

$65,054

Down $25,941 (-29%) from 2019

Liabilities

Up

$60,352

Up $34,733 (+136%) from 2019

Revenue

Down

$234,860

Down $63,220 (-21%) from 2019

Expenses

Down

$260,801

Down $22,858 (-8.1%) from 2019

Net Income

Down

-$25,941

Down $40,362 (-280%) from 2019

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2011: $55,763Liabilities 2011: $1,810Net Assets 2011: $53,9532011Assets 2012: $53,817Liabilities 2012: $538Net Assets 2012: $53,2792012Assets 2013: $36,551Liabilities 2013: $750Net Assets 2013: $35,8012013Assets 2014: $40,471Liabilities 2014: $770Net Assets 2014: $39,7012014Assets 2015: $44,375Liabilities 2015: $6,525Net Assets 2015: $37,8502015Assets 2016: $53,779Liabilities 2016: $8,434Net Assets 2016: $45,3452016Assets 2017: $71,874Liabilities 2017: $5,350Net Assets 2017: $66,5242017Assets 2018: $89,626Liabilities 2018: $13,052Net Assets 2018: $76,5742018Assets 2019: $116,614Liabilities 2019: $25,619Net Assets 2019: $90,9952019Assets 2020: $125,406Liabilities 2020: $60,352Net Assets 2020: $65,0542020Assets 2021: $121,312Liabilities 2021: $60,079Net Assets 2021: $61,2332021Assets 2022: $80,288Liabilities 2022: $12,152Net Assets 2022: $68,1362022Assets 2023: $72,404Liabilities 2023: $6,400Net Assets 2023: $66,0042023Assets 2024: $84,258Liabilities 2024: $17,500Net Assets 2024: $66,7582024Assets 2025: $113,566Liabilities 2025: $18,110Net Assets 2025: $95,4562025

Highlighted filing

2020

Assets$125,406
Liabilities$60,352
Net Assets$65,054

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $114,176Expenses 2011: $85,804Net Income 2011: $28,3722011Revenue 2012: $139,273Expenses 2012: $139,946Net Income 2012: -$6732012Revenue 2013: $111,509Expenses 2013: $127,987Net Income 2013: -$16,4782013Revenue 2014: $140,340Expenses 2014: $136,440Net Income 2014: $3,9002014Revenue 2015: $164,175Expenses 2015: $166,026Net Income 2015: -$1,8512015Revenue 2016: $189,900Expenses 2016: $182,405Net Income 2016: $7,4952016Revenue 2017: $225,127Expenses 2017: $203,948Net Income 2017: $21,1792017Revenue 2018: $256,341Expenses 2018: $246,291Net Income 2018: $10,0502018Revenue 2019: $298,080Expenses 2019: $283,659Net Income 2019: $14,4212019Revenue 2020: $234,860Expenses 2020: $260,801Net Income 2020: -$25,9412020Revenue 2021: $95,403Expenses 2021: $99,224Net Income 2021: -$3,8212021Revenue 2022: $104,426Expenses 2022: $97,523Net Income 2022: $6,9032022Revenue 2023: $135,668Expenses 2023: $137,800Net Income 2023: -$2,1322023Revenue 2024: $178,956Expenses 2024: $178,202Net Income 2024: $7542024Revenue 2025: $215,543Expenses 2025: $212,558Net Income 2025: $2,9852025

Highlighted filing

2020

Revenue$234,860
Expenses$260,801
Net Income-$25,941
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Dec 22, 2020
Return Version
2019v5.1
Gross Receipts
$234,860
Mission and Program Overview

Mission

Codanceco is a nonprofit organization that is dedicated to fostering the art of dance through education, professional development, and public performance.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$108,482$114,847▲ $6,365
Accounts Receivable$7,300$9,130▲ $1,830
Prepaid Expenses and Deferred Charges$832$1,429▲ $597
Total Assets$116,614$125,406▲ $8,792
Liabilities
Unsecured Notes Loans Payable-$41,800-
Deferred Revenue$8,000$8,000→ $0
Accounts Payable and Accrued Expenses$8,574$5,824▼ $2,750
Other Liabilities$9,045$4,728▼ $4,317
Total Liabilities$25,619$60,352▲ $34,733
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$90,995$65,054▼ $25,941
Total Net Assets Fund Balance$90,995$65,054▼ $25,941
Total Liabilities and Net Assets / Fund Balance$116,614$125,406▲ $8,792
Compensation and Service Providers

Employees

NameTitleBaseTotal
Nancy DuncanSecretary$24,500$24,500

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$29,086
Program Service Revenue
$205,774
Investment Income
$0
Other Revenue
$0
All Other Contributions
$13,086
Change in Net Assets
$-25,941
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$213,765
Other Expenses$40,836
Total Fundraising Expense$19,673
Professional Fundraising Fees$6,200
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$139,143$9,388$5,846$154,377
Current Officers, Directors, Trustees, and Key Employees$15,340$21,425$6,085$42,850
Payroll Taxes$12,954$2,584$1,000$16,538
Travel$13,796--$13,796
Fees for Services Accounting-$7,175-$7,175
Fees for Services Professional Fundraising--$6,200$6,200
Fees for Services Other$874$3,752-$4,626
Insurance$2,141$877-$3,018
Office Expenses$733$852-$1,585
Occupancy$1,069--$1,069
Advertising$1,058--$1,058
Conferences and Meetings$713$162-$875
All Other Expenses$50$785-$835
Other Expenses$500$75$542$500
Fees for Services Legal$103--$103
Total Functional Expenses$194,053$47,075$19,673$260,801
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$6,200
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll and Related Liabilities$4,621
Other Liabilities$107
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 35% controlled entity
No
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
Yes
Other officer compensation reviewed
Yes
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, Part VI, Section B, Line 11B

The form 990 will be reviewed and approved by the board of trustees prior to filing with the irs.

Form 990, Part VI, Section B, Line 12C

Each trustee is required to complete an annual disclosure statement identifying, to the best of the trustee's knowledge, any conflicts of interest. Any additions or changes to these statements shall be made by the trustee in writing as they occur. Any potential transactions that could give rise to a conflict of interest must be disclosed, determined, and voted by trustees prior to the actual transaction taking place.

Form 990, Part VI, Section B, Line 15

The board of trustees has reviewed and agreed to the officer compensation of employees.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public by request.

Filing and Contact Details

Filer

Filer Name
Codanceco Inc
EIN
13-3178645
Phone
6314750842
Address
205 DURKEE LANE, EAST PATCHOGUE, NY 11772

Signing Officer

Name
Catherine Scandalios
Title
Treasurer
Phone
6314750842
Signed
2020-12-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Catherine Scandalios
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
5
Employees
20
Volunteers
15

Preparer

Firm
Cerini & Associates Llp
Address
3340 VETERANS MEMORIAL HWY, BOHEMIA, NY 11716
Preparer
Matthew Burke
Phone
6315821600
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0274433
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0270595
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0212499
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0201628
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01164929
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt01247266
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0234860
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0294544
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0278195
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0228469
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0211198
IRS990ScheduleA/Total509Grp/TotalAmt01247266
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0234860
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0294544
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0278195
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0228469
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0211198
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01247266
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0107
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14621
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED PAYROLL AND RELATED LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt04728
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 WILL BE REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH TRUSTEE IS REQUIRED TO COMPLETE AN ANNUAL DISCLOSURE STATEMENT IDENTIFYING, TO THE BEST OF THE TRUSTEE'S KNOWLEDGE, ANY CONFLICTS OF INTEREST. ANY ADDITIONS OR CHANGES TO THESE STATEMENTS SHALL BE MADE BY THE TRUSTEE IN WRITING AS THEY OCCUR. ANY POTENTIAL TRANSACTIONS THAT COULD GIVE RISE TO A CONFLICT OF INTEREST MUST BE DISCLOSED, DETERMINED, AND VOTED BY TRUSTEES PRIOR TO THE ACTUAL TRANSACTION TAKING PLACE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF TRUSTEES HAS REVIEWED AND AGREED TO THE OFFICER COMPENSATION OF EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0116614
IRS990/TotalAssetsEOYAmt0125406
IRS990/TotalAssetsGrp/BOYAmt0116614
IRS990/TotalAssetsGrp/EOYAmt0125406
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt029086
IRS990/TotalEmployeeCnt020
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt019673
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt047075
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0194053
IRS990/TotalFunctionalExpensesGrp/TotalAmt0260801
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt025619
IRS990/TotalLiabilitiesEOYAmt060352
IRS990/TotalLiabilitiesGrp/BOYAmt025619
IRS990/TotalLiabilitiesGrp/EOYAmt060352
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt090995
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt065054
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0194053
IRS990/TotalProgramServiceRevenueAmt0205774
IRS990/TotalReportableCompFromOrgAmt024500
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0205774
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0234860
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0116614
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0125406
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt013796
IRS990/TravelGrp/TotalAmt013796
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt041800
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0205 DURKEE LANE
IRS990/USAddress/CityNm0EAST PATCHOGUE
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011772
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.DANCINGCLASSROOMSLI.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CATHERINE SCANDALIOS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06314750842
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-12-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CODANCECO INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DBA DANCING CLASSROOMS LONG ISLAND
ReturnHeader/Filer/BusinessNameControlTxt0CODA
ReturnHeader/Filer/EIN0133178645
ReturnHeader/Filer/PhoneNum06314750842
ReturnHeader/Filer/USAddress/AddressLine1Txt0205 DURKEE LANE
ReturnHeader/Filer/USAddress/CityNm0EAST PATCHOGUE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011772
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId02346A382DE890B542384C68B794692D08102146D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0E4AFD7A482DBBBAAF388A8BF7565DCA4D52CE36A
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.206.147.54
ReturnHeader/FilingSecurityInformation/IPDt02020-12-22
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm023:44:33
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113066459
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CERINI & ASSOCIATES LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03340 VETERANS MEMORIAL HWY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BOHEMIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011716
ReturnHeader/PreparerPersonGrp/PhoneNum06315821600

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$0.18$0.95$2.16$2.13$0.03
2024Detailed filing. Detailed filing data is available for this year.$0.84$0.18$0.67$1.79$1.78$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.72$0.06$0.66$1.36$1.38$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.80$0.12$0.68$1.04$0.98$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.21$0.60$0.61$0.95$0.99$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.25$0.60$0.65$2.35$2.61$0.26
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.17$0.26$0.91$2.98$2.84$0.14
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.90$0.13$0.77$2.56$2.46$0.10
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.72$0.05$0.67$2.25$2.04$0.21
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.54$0.08$0.45$1.90$1.82$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.44$0.07$0.38$1.64$1.66$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.40$0.01$0.40$1.40$1.36$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.01$0.36$1.12$1.28$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.01$0.53$1.39$1.40$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.02$0.54$1.14$0.86$0.28
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • <$500k nonprofits