Civic Intelligence

Dancing Dreams

990 • Fiscal year 2022 • EIN 26-0797411

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 20, 2023

PO Box 604285Bayside, NY 11360

(516) 659-8704

Siviq Scores

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

Liabilities / Assets

1st percentile

-0.05x

Higher debt load relative to assets than 1% of similar nonprofits.

2022 filings • NTEE A • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

1st percentile

-0.10x

Higher debt load relative to revenue than 1% of similar nonprofits.

2022 filings • NTEE A • $500k-$1M nonprofits • Source year 2022

Net Margin

51st percentile

7.9%

Higher net margin than 51% of similar nonprofits.

2022 filings • NTEE A • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

73rd percentile

$62,632

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 15.1% of source-year revenue.

2022 filings • NTEE A • $500k-$1M nonprofits • Source year 2022

Asset Growth

21st percentile

-11%

Faster asset growth than 21% of similar nonprofits.

2022 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

33rd percentile

-4.0%

Faster revenue growth than 33% of similar nonprofits.

2022 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Down

$804,865

Down $100,362 (-11%) from 2021

Net Assets

Up

$846,122

Up $32,675 (+4.0%) from 2021

Liabilities

Down

-$41,257

Down $133,037 (-145%) from 2021

Revenue

Down

$415,112

Down $17,427 (-4.0%) from 2021

Expenses

Up

$382,437

Up $90,053 (+31%) from 2021

Net Income

Down

$32,675

Down $107,480 (-77%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2010: $68,048Liabilities 2010: $3,678Net Assets 2010: $64,3702010Assets 2011: $95,970Liabilities 2011: $1,318Net Assets 2011: $94,6522011Assets 2012: $100,648Liabilities 2012: $1,156Net Assets 2012: $99,4922012Assets 2013: $197,796Liabilities 2013: $2,346Net Assets 2013: $195,4502013Assets 2014: $236,548Liabilities 2014: $3,335Net Assets 2014: $233,2132014Assets 2015: $358,369Liabilities 2015: $5,086Net Assets 2015: $353,2832015Assets 2016: $465,692Liabilities 2016: $5,146Net Assets 2016: $460,5462016Assets 2017: $543,972Liabilities 2017: $4Net Assets 2017: $543,9682017Assets 2018: $625,814Liabilities 2018: $3,120Net Assets 2018: $622,6942018Assets 2019: $666,500Liabilities 2019: $10,205Net Assets 2019: $656,2952019Assets 2020: $808,716Liabilities 2020: $135,424Net Assets 2020: $673,2922020Assets 2021: $905,227Liabilities 2021: $91,780Net Assets 2021: $813,4472021Assets 2022: $804,865Liabilities 2022: -$41,257Net Assets 2022: $846,1222022Assets 2023: $885,878Liabilities 2023: -$4,056Net Assets 2023: $889,9342023Assets 2024: $985,590Liabilities 2024: $12,782Net Assets 2024: $972,8082024

Highlighted filing

2022

Assets$804,865
Liabilities-$41,257
Net Assets$846,122

Operations Trend

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

$600K$400K$200K$0Revenue 2010: $114,858Expenses 2010: $103,520Net Income 2010: $11,3382010Revenue 2011: $137,084Expenses 2011: $106,802Net Income 2011: $30,2822011Revenue 2012: $143,548Expenses 2012: $138,708Net Income 2012: $4,8402012Revenue 2013: $247,439Expenses 2013: $151,481Net Income 2013: $95,9582013Revenue 2014: $217,138Expenses 2014: $179,375Net Income 2014: $37,7632014Revenue 2015: $319,243Expenses 2015: $199,173Net Income 2015: $120,0702015Revenue 2016: $330,233Expenses 2016: $222,970Net Income 2016: $107,2632016Revenue 2017: $350,974Expenses 2017: $267,552Net Income 2017: $83,4222017Revenue 2018: $395,444Expenses 2018: $316,718Net Income 2018: $78,7262018Revenue 2019: $413,470Expenses 2019: $379,869Net Income 2019: $33,6012019Revenue 2020: $321,337Expenses 2020: $304,340Net Income 2020: $16,9972020Revenue 2021: $432,539Expenses 2021: $292,384Net Income 2021: $140,1552021Revenue 2022: $415,112Expenses 2022: $382,437Net Income 2022: $32,6752022Revenue 2023: $398,638Expenses 2023: $354,826Net Income 2023: $43,8122023Revenue 2024: $524,733Expenses 2024: $441,859Net Income 2024: $82,8742024

Highlighted filing

2022

Revenue$415,112
Expenses$382,437
Net Income$32,675
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 20, 2023
Return Version
2022v5.0
Gross Receipts
$415,112
Mission and Program Overview

Mission

To provide dance classes and dance performance opportunities to physically challenged children, including medically fragile individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$542,316$470,310▼ $72,006
Cash and Non-Interest-Bearing Accounts$356,299$276,605▼ $79,694
Savings and Temporary Cash Investments-$50,187-
Land, Buildings, and Equipment, Net$5,612$4,963▼ $649
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$905,227$804,865▼ $100,362
Other Assets Total$1,000$2,800▲ $1,800
Liabilities
Other Liabilities$48,692--
Deferred Revenue$43,088$-41,257▼ $84,345
Total Liabilities$91,780$-41,257▼ $133,037
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$813,447$846,122▲ $32,675
Total Net Assets Fund Balance$813,447$846,122▲ $32,675
Total Liabilities and Net Assets / Fund Balance$905,227$804,865▼ $100,362

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,963$5,830$10,793
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Joann FerraraDirectorPT$62,632$62,632

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$326,022
Program Service Revenue
$4,715
Investment Income
$17,487
Other Revenue
$66,888
All Other Contributions
$282,222
Change in Net Assets
$32,675
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$275,201
Other Expenses$107,236
Total Fundraising Expense$15,374
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$179,736$19,615-$199,351
Current Officers, Directors, Trustees, and Key Employees$43,632$9,000$10,000$62,632
Occupancy$14,444$2,800-$17,244
All Other Expenses$6,951$6,387$3,893$17,231
Fees for Services Accounting-$14,001-$14,001
Payroll Taxes$11,499$1,322$397$13,218
Other Expenses$3,142$1,152$942$5,236
Insurance$677$2,685-$3,362
Office Expenses$2,209$481$142$2,832
Travel$2,210--$2,210
Depreciation Depletion-$1,649-$1,649
Total Functional Expenses$299,335$67,728$15,374$382,437
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$66,888
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Yera End Appeal$58,311$58,311-$58,311
Journals$8,577$8,577-$8,577
Total Events$66,888$66,888-$66,888
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
No
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
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, Part VI, Section B, Line 11B

Copy of form 990 will be provided to governing body to review before it was filed.

Form 990, Part VI, Section C, Line 19

The organization's governing document, conflict of interest policy, and finacial statements are available for public insection upon request.

Filing and Contact Details

Filer

Filer Name
Dancing Dreams
EIN
26-0797411
Phone
5166598704
Address
PO BOX 604285, BAYSIDE, NY 11360

Signing Officer

Name
Joann Ferrara
Title
Director
Signed
2023-04-20
Discuss with paid preparer
Yes

Organization Details

Formed
2007
Voting Board Members
7
Independent Board Members
7
Employees
13

Preparer

Firm
Newton Sankey & Co CPAs LLC
Address
6 Roosevelt Avenue, Port Jefferson Station, NY 11776
Preparer
George Sankey CPA
Phone
6314742500
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IRS990/PYOtherRevenueAmt055317
IRS990/PYProgramServiceRevenueAmt010680
IRS990/PYRevenuesLessExpensesAmt0140155
IRS990/PYSalariesCompEmpBnftPaidAmt0208418
IRS990/PYTotalExpensesAmt0292384
IRS990/PYTotalRevenueAmt0432539
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt032675
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt050187
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0392910
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0290762
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0237452
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0386234
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0292651
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01600009
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt017487
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt031980
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt014422
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt014920
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0995
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt079804
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt017487
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt031980
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt014422
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt014920
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0995
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt079804
IRS990ScheduleA/InvestmentIncomeCYPct00.04620
IRS990ScheduleA/InvestmentIncomePYPct00.03770
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt04715
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt010680
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt07180
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt012226
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt011910
IRS990ScheduleA/OtherIncome509Grp/TotalAmt046711
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.92670
IRS990ScheduleA/PublicSupportPY509Pct00.92950
IRS990ScheduleA/PublicSupportTotal509Amt01600009
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0392910
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0290762
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0237452
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0386234
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0292651
IRS990ScheduleA/Total509Grp/TotalAmt01600009
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0415112
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0333422
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0259054
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0413380
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0305556
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01726524
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt04963
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05830
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt010793
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04963
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0YERA END APPEAL
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0JOURNALS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt058311
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt08577
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt066888
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt058311
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt08577
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt066888
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt066888
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COPY OF FORM 990 WILL BE PROVIDED TO GOVERNING BODY TO REVIEW BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S GOVERNING DOCUMENT, CONFLICT OF INTEREST POLICY, AND FINACIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0905227
IRS990/TotalAssetsEOYAmt0804865
IRS990/TotalAssetsGrp/BOYAmt0905227
IRS990/TotalAssetsGrp/EOYAmt0804865
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0326022
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt015374
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt067728
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0299335
IRS990/TotalFunctionalExpensesGrp/TotalAmt0382437
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt091780
IRS990/TotalLiabilitiesEOYAmt0-41257
IRS990/TotalLiabilitiesGrp/BOYAmt091780
IRS990/TotalLiabilitiesGrp/EOYAmt0-41257
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0813447
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0846122
IRS990/TotalProgramServiceExpensesAmt0299335

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.86$0.13$9.73$5.25$4.42$0.83
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.86$0.04$8.90$3.99$3.55$0.44
2022Detailed filing. Detailed filing data is available for this year.$8.05$0.41$8.46$4.15$3.82$0.33
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.05$0.92$8.13$4.33$2.92$1.40
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.09$1.35$6.73$3.21$3.04$0.17
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.67$0.10$6.56$4.13$3.80$0.34
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.26$0.03$6.23$3.95$3.17$0.79
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.44$0.00$5.44$3.51$2.68$0.83
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.66$0.05$4.61$3.30$2.23$1.07
2015Detailed filing. Detailed filing data is available for this year.$3.58$0.05$3.53$3.19$1.99$1.20
2014Detailed filing. Detailed filing data is available for this year.$2.37$0.03$2.33$2.17$1.79$0.38
2013Detailed filing. Detailed filing data is available for this year.$1.98$0.02$1.95$2.47$1.51$0.96
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$0.01$0.99$1.44$1.39$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.01$0.95$1.37$1.07$0.30
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.04$0.64$1.15$1.04$0.11