Civic Intelligence

Indorican Multicultural Dance Project Inc

EIN 27-0859186 • 501(c)3 • Brooklyn, NY

Profile

Dedicated nbsp;to nbsp;celebrate nbsp;the nbsp;cultureal nbsp;diversity nbsp;of nbsp;ne nbsp;york nbsp;city nbsp;and nbsp;its nbsp;inhabitants nbsp;and nbsp;in nbsp;so nbsp;we nbsp;encourage nbsp;people nbsp;to nbsp;take nbsp;a nbsp;stand nbsp;on nbsp;event nbsp;happenigs nbsp;around nbsp;them nbsp;we nbsp;believe nbsp;that nbsp;education nbsp;truly nbsp;is nbsp;the nbsp;key nbsp;to nbsp;the nbsp;world

1324 Dumont AveBrooklyn, NY 11208

www.indoricandance.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

75th percentile

0.19x

Higher debt load relative to assets than 75% of similar nonprofits.

NTEE A62 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

100th percentile

11.75x

Higher debt load relative to revenue than 100% of similar nonprofits.

NTEE A62 • <$500k nonprofits • Source year 2024

Net Margin

1st percentile

-669%

Higher net margin than 1% of similar nonprofits.

NTEE A62 • <$500k nonprofits • Source year 2024

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

NTEE A62 • <$500k nonprofits • Source year 2024

Asset Growth

41st percentile

-3.2%

Faster asset growth than 41% of similar nonprofits.

NTEE A62 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

6th percentile

-59%

Faster revenue growth than 6% of similar nonprofits.

NTEE A62 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets75th percentile

Assets

Up

$11,037

Up $2,203 (+25%) from 2021

Liabilities

Up

$2,091

Up $1,573 (+304%) from 2021

Net Assets

Up

$8,946

Up $630 (+7.6%) from 2021

Operations
Liabilities / Revenue100th percentileNet Margin1st percentile

Revenue

Down

$178

Down $1,668 (-90%) from 2021

Expenses

Up

$1,368

Up $89 (+7.0%) from 2021

Net Income

Down

-$1,190

Down $1,757 (-310%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth41st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15K$10K$5.0K$0Assets 2020: $7,750Liabilities 2020: $0Net Assets 2020: $7,7502020Assets 2021: $8,834Liabilities 2021: $518Net Assets 2021: $8,3162021Assets 2024: $11,037Liabilities 2024: $2,091Net Assets 2024: $8,9462024

Highlighted filing

2024

Assets$11,037
Liabilities$2,091
Net Assets$8,946
Open 2024 Filing

Operations Trend

Revenue Growth6th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0K$4.0K$2.0K$0-$2.0KRevenue 2020: $4,957Expenses 2020: $1,050Net Income 2020: $3,9072020Revenue 2021: $1,846Expenses 2021: $1,279Net Income 2021: $5672021Revenue 2024: $178Expenses 2024: $1,368Net Income 2024: -$1,1902024

Highlighted filing

2024

Revenue$178
Expenses$1,368
Net Income-$1,190
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$11,037
Liabilities
$2,091
Net assets
$8,946
Revenue
$178
Expenses
$1,368
Net income
-$1,190
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.0$2.09$8.95$0.18$1.37$1.19
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.83$0.52$8.32$1.85$1.28$0.57
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.75$0.00$7.75$4.96$1.05$3.91
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 1, 2024
Return Version
2024v5.1
Gross Receipts
$178
Mission and Program Overview

Mission

Dedicated to celebrate the cultural diversity of new york city and its inhabitants and in doing so we encourage people to take a stand on event happenings around them, we believe that education truly is the key for world.

Dedicated to celebrate the cultural diversity of nyc and its inhabitants and in doing so we encourage people to take a stand on event happenings around them, we believe that education truly is the key to the world

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$11,398$11,037▼ $361
Rtn Earn Endowment Incm Other Fnds$10,137$8,946▼ $1,191
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$11,398$11,037▼ $361
Liabilities
Other Liabilities$1,261$2,091▲ $830
Total Liabilities$1,261$2,091▲ $830
Net Assets / Fund Balance
Net Assets With Donor Restrictions$0$0→ $0
Net Assets Without Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$10,137$8,946▼ $1,191
Total Liabilities and Net Assets / Fund Balance$11,398$11,037▼ $361
Compensation and Service Providers
Top Officer Pay74th percentile

Board Members and Trustees

NameTitle
Teresa CuevasPresident
Harold EvertonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$178
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$178
Change in Net Assets
$-1,190
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,368
Total Fundraising Expense$7
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance-$194-$194
Office Expenses-$49-$49
Other Expenses-$392$7$7
Total Functional Expenses$0$1,361$7$1,368
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to$2,091
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Section B, Line 11B

“Return is reviewed by officers before it is signed and filed”

Part VI, Section C, Line 19

“Documents are available to the public upon written request”

Filing and Contact Details

Filer

Filer Name
Indorican Multicultural Dance Project Inc
EIN
27-0859186
Phone
6465411561
Address
1324 DUMONT AVE, BROOKLYN, NY 11208

Signing Officer

Name
Teresa
Title
President
Phone
6465411561
Signed
2024-02-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Teresa Cuevas
Formed
2009
Legal Domicile
Ny
Voting Board Members
2
Independent Board Members
2
Employees
0

Preparer

Firm
S&t Tax Services LLC
Address
295 MAPLE ST APT 3E, BROOKLYN, NY 11225
Preparer
Stephanie Mcmillan
Phone
7186445840
Raw XML Appendix278 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.

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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

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