Civic Intelligence

Indorican Multicultural Dance Project Inc.

990 • Fiscal year 2021 • EIN 27-0859186

Jan 01, 2021 to Dec 31, 2021 • Filed on Jan 09, 2022

Organization ProfileWWW.INDORICANDANCE.COM
1324 Dumont AveBrooklyn, NY 11208

(646) 541-1561

Siviq Scores

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

Liabilities / Assets

60th percentile

0.06x

Higher debt load relative to assets than 60% of similar nonprofits.

2021 filings • NTEE A62 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

80th percentile

0.28x

Higher debt load relative to revenue than 80% of similar nonprofits.

2021 filings • NTEE A62 • <$500k nonprofits • Source year 2021

Net Margin

75th percentile

31%

Higher net margin than 75% of similar nonprofits.

2021 filings • NTEE A62 • <$500k nonprofits • Source year 2021

Top Officer Pay

65th percentile

$0

Higher top officer pay than 65% of similar nonprofits.

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

2021 filings • NTEE A62 • <$500k nonprofits • Source year 2021

Asset Growth

45th percentile

14%

Faster asset growth than 45% of similar nonprofits.

2021 filings • NTEE A62 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

7th percentile

-63%

Faster revenue growth than 7% of similar nonprofits.

2021 filings • NTEE A62 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$8,834

Up $1,084 (+14%) from 2020

Net Assets

Up

$8,316

Up $566 (+7.3%) from 2020

Liabilities

Up

$518

Up $518 from 2020

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin75th percentile

Revenue

Down

$1,846

Down $3,111 (-63%) from 2020

Expenses

Up

$1,279

Up $229 (+22%) from 2020

Net Income

Down

$567

Down $3,340 (-85%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth45th percentile

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

$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

2021

Assets$8,834
Liabilities$518
Net Assets$8,316
Open 2021 Filing

Operations Trend

Revenue Growth7th percentile

Revenue, expenses, and net income across loaded years, with this 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

2021

Revenue$1,846
Expenses$1,279
Net Income$567
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jan 9, 2022
Return Version
2021v4.1
Gross Receipts
$1,846
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 new york city and its inhabitants and in doing so we encpurage 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$7,750$8,834▲ $1,084
Rtn Earn Endowment Incm Other Fnds$7,750$8,316▲ $566
Total Assets$7,750$8,834▲ $1,084
Liabilities
Other Liabilities-$518-
Total Liabilities$0$518▲ $518
Net Assets / Fund Balance
Total Net Assets Fund Balance$7,750$8,316▲ $566
Total Liabilities and Net Assets / Fund Balance$7,750$8,834▲ $1,084
Compensation and Service Providers
Top Officer Pay65th percentile

Board Members and Trustees

NameTitle
Teresa CuevasPresident
Harold EvertonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,846
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,846
Change in Net Assets
$567
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,259
Total Fundraising Expense$535
Grants and Similar Amounts Paid$20
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses-$350$505$505
Insurance-$194-$194
Conferences and Meetings-$180-$180
Grants to Domestic Orgs$20--$20
Total Functional Expenses$20$724$535$1,279
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 Fromto Account$518
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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

Form 990 governing body review Part VI line 11

“Section b: return is reviewed by officers before it is signed and filed.”

Governing documents etc available to public Part VI line 19

“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
Address
1324 DUMONT AVE, Brooklyn, NY 11208

Signing Officer

Name
Teresa Cuevas
Title
President
Phone
6465411561
Signed
2022-01-09
Discuss with paid preparer
No

Organization Details

Formed
2009
Legal Domicile
Ny
Voting Board Members
2
Independent Board Members
2
Employees
0

Preparer

Firm
Stephanie B McMillan MST
Address
295 Maple st apt 3E, Brooklyn, NY 11225
Preparer
Stephanie B Mcmillan
Phone
7186445840
Supplemental Narrative

Additional Explanations

General explanation attachment

“Part i, line 1: so we encourage people to take a stand on event happenings around them, we beleive that education truly is the key for worldly accord and we aim yo educate all children in dance.”

Raw XML Appendix272 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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ReturnHeader/TaxPeriodEndDt02021-12-31
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$8,834
Liabilities
$518
Net assets
$8,316
Revenue
$1,846
Expenses
$1,279
Net income
$567
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
2021Detailed filing. Detailed filing data is available for this year.$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