Civic Intelligence

Momentum Dance Ensemble

990 • Fiscal year 2016 • EIN 27-1827270

Jan 01, 2016 to Dec 31, 2016 • Filed on Jul 03, 2017

15811 Ambaum Blvd SWSeattle, WA 98166

(206) 242-1239

Siviq Scores

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

Liabilities / Assets

88th percentile

0.70x

Higher debt load relative to assets than 88% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

53rd percentile

0.05x

Higher debt load relative to revenue than 53% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

35th percentile

-2.1%

Higher net margin than 35% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

55th percentile

$23,668

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 4.7% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

60th percentile

5.1%

Faster asset growth than 60% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

75th percentile

21%

Faster revenue growth than 75% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$34,493

Up $1,681 (+5.1%) from 2015

Net Assets

Down

$10,366

Down $10,524 (-50%) from 2015

Liabilities

Up

$24,127

Up $12,205 (+102%) from 2015

Revenue

Up

$503,208

Up $87,044 (+21%) from 2015

Expenses

Up

$513,732

Up $107,724 (+27%) from 2015

Net Income

Down

-$10,524

Down $20,680 (-204%) from 2015

Historical Trend

Balance Sheet Trend

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

$400K$200K$0-$200K-$400KAssets 2013: $22,102Liabilities 2013: $0Net Assets 2013: $22,1022013Assets 2014: $12,333Liabilities 2014: $1,599Net Assets 2014: $10,7342014Assets 2015: $32,812Liabilities 2015: $11,922Net Assets 2015: $20,8902015Assets 2016: $34,493Liabilities 2016: $24,127Net Assets 2016: $10,3662016Assets 2017: $63,138Liabilities 2017: $24,127Net Assets 2017: $39,0112017Assets 2018: $27,836Liabilities 2018: $68,897Net Assets 2018: -$41,0612018Assets 2019: $46,227Liabilities 2019: $71,921Net Assets 2019: -$25,6942019Assets 2020: $124,955Liabilities 2020: $224,371Net Assets 2020: -$99,4162020Assets 2021: $197,229Liabilities 2021: $259,415Net Assets 2021: -$62,1862021Assets 2022: $142,281Liabilities 2022: $360,835Net Assets 2022: -$218,5542022Assets 2023: $94,760Liabilities 2023: $352,082Net Assets 2023: -$257,3222023Assets 2024: $87,986Liabilities 2024: $352,247Net Assets 2024: -$264,2612024

Highlighted filing

2016

Assets$34,493
Liabilities$24,127
Net Assets$10,366

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2013: $364,610Expenses 2013: $342,508Net Income 2013: $22,1022013Revenue 2014: $380,706Expenses 2014: $392,074Net Income 2014: -$11,3682014Revenue 2015: $416,164Expenses 2015: $406,008Net Income 2015: $10,1562015Revenue 2016: $503,208Expenses 2016: $513,732Net Income 2016: -$10,5242016Revenue 2017: $481,483Expenses 2017: $452,838Net Income 2017: $28,6452017Revenue 2018: $477,123Expenses 2018: $557,195Net Income 2018: -$80,0722018Revenue 2019: $486,508Expenses 2019: $471,141Net Income 2019: $15,3672019Revenue 2020: $343,247Expenses 2020: $416,969Net Income 2020: -$73,7222020Revenue 2021: $531,772Expenses 2021: $494,542Net Income 2021: $37,2302021Revenue 2022: $646,574Expenses 2022: $802,942Net Income 2022: -$156,3682022Revenue 2023: $702,874Expenses 2023: $741,642Net Income 2023: -$38,7682023Revenue 2024: $823,725Expenses 2024: $861,764Net Income 2024: -$38,0392024

Highlighted filing

2016

Revenue$503,208
Expenses$513,732
Net Income-$10,524
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 3, 2017
Return Version
2016v3.0
Gross Receipts
$506,055
Mission and Program Overview

Mission

To provide professional dance instruction in a caring and nurturing environment to students of all ages.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$23,163$22,964▼ $199
Cash and Non-Interest-Bearing Accounts$8,765$11,273▲ $2,508
Rtn Earn Endowment Incm Other Fnds$20,890$10,366▼ $10,524
Inventories for Sale or Use$884--
Savings and Temporary Cash Investments-$256-
Total Assets$32,812$34,493▲ $1,681
Liabilities
Accounts Payable and Accrued Expenses$11,922$24,127▲ $12,205
Total Liabilities$11,922$24,127▲ $12,205
Net Assets / Fund Balance
Total Net Assets Fund Balance$20,890$10,366▼ $10,524
Total Liabilities and Net Assets / Fund Balance$32,812$34,493▲ $1,681

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,962$37,605$42,567
Leasehold Improvements$17,940$6,121$24,061
Other Land Buildings$62$4,089$4,151
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Stephanie MossDirectorFT$23,668$23,668

Board Members and Trustees

NameTitle
Melanie CarverPresident
Katie CarterDirector
Leslie StevensonDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$10,516
Program Service Revenue
$487,082
Investment Income
$0
Other Revenue
$5,610
All Other Contributions
$10,516
Change in Net Assets
$-10,524
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$336,254
Salaries, Compensation, and Employee Benefits$173,697
Professional Fundraising Fees$3,781
Total Fundraising Expense$3,781
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$100,994--$100,994
Fees for Services Other$98,036--$98,036
Conferences and Meetings$85,443--$85,443
Other Salaries and Wages$79,097--$79,097
Current Officers, Directors, Trustees, and Key Employees$56,903--$56,903
Payroll Taxes$37,697--$37,697
All Other Expenses$11,177--$11,177
Fees for Services Legal$7,500--$7,500
Fees for Services Accounting$7,203--$7,203
Office Expenses$6,715--$6,715
Other Expenses$5,981--$5,981
Depreciation Depletion$4,288--$4,288
Fees for Services Professional Fundraising--$3,781$3,781
Information Technology$3,132--$3,132
Insurance$2,905--$2,905
Advertising$1,764--$1,764
Travel$292--$292
Total Functional Expenses$509,951$0$3,781$513,732
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$4,645
Professional Fundraising Fees$3,781
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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

Governing body meeting documentation Part VI line 8A

Melanie documented the meetings through written notes.

Form 990 governing body review Part VI line 11

No review was, or will be, conducted.

Conflict of interest policy compliance Part VI line 12C

To ensure the organization operates in a manner consistent with its charitable purpose and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects:a. Whether compensation arrangements and benefits are reasonable, based on competent survey information and the result of arms length bargaining.b. Whether partnerships, joint ventures, and arrangements with management organizations conform to the organizations written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes, and do not result in inurement, impermissible private benefit or an excess benefit transaction.

Governing documents etc available to public Part VI line 19

No other documents available to the public.

Filing and Contact Details

Filer

Filer Name
Momentum Dance Ensemble
EIN
27-1827270
Address
15811 AMBAUM BLVD SW, Seattle, WA 98166

Signing Officer

Name
Korey Cox
Title
Secretary
Phone
2062421239
Signed
2017-07-03
Discuss with paid preparer
No

Organization Details

Formed
2010
Legal Domicile
Wa
Voting Board Members
3
Independent Board Members
3
Employees
8

Preparer

Firm
K & J Accounting
Address
255 SW 153rd Street, Seattle, WA 98166
Preparer
Jason Soper CPA
Phone
2062440491
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

Dance instructors program services = $94317, management & general = $0, fundraising = $0, total = $94317

Raw XML Appendix397 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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IRS990/Desc0HAVE SUCCEEDED IN PROVIDING A WELL ROUNDED PROGRAM TO OUR STUDENTS, FROM THE WONDERFUL TECHNIQUES AND DISCIPLINES OF CLASSICAL BALLET, JAZZ, TAP, MODERN, IRISH, TUMBLING, PILATES AND YOGA TO THE FUN AND EXCITING COMTEMPORARY STYLES OF HIP HOP, BALLROOM AND BROADWAY THEATER DANCE. HAVE PROVIDED PRIVATE AND GROUP VOICE AND INSTRUMENT MUSIC LESSONS FOR STUDENTS OF ALL AGES. IN ADDITION TO PERFORMING AT VARIOUS LOCAL EVENTS, THEY HAVE PRODUCED SEVERAL SUCCESSFUL PERFORMANCES FOR THE COMMUNITY THROUGHOUT THE YEAR IN CLUDING COPPELIA, PINOCCHIO, THERE AND BACK AGAIN, GO TELL IT ON THE MOUNTAIN, CHRISTMAS TIME IS HERE AND THE ANNUAL HOLIDAY FAVORITE, THE NUTCRACKER.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MELANIE DOCUMENTED THE MEETINGS THROUGH WRITTEN NOTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS, OR WILL BE, CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO ENSURE THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH ITS CHARITABLE PURPOSE AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS SHALL BE CONDUCTED. THE PERIODIC REVIEWS SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING SUBJECTS:A. WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION AND THE RESULT OF ARMS LENGTH BARGAINING.B. WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE ORGANIZATIONS WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES, AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR AN EXCESS BENEFIT TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO OTHER DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DANCE INSTRUCTORS PROGRAM SERVICES = $94317, MANAGEMENT & GENERAL = $0, FUNDRAISING = $0, TOTAL = $94317
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Governing body meeting documentation Part VI line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4List of other fees for services expenses Part IX line 11g
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0KOREY COX
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum02062421239
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-07-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MOMENTUM DANCE ENSEMBLE
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ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId04E20E317D99AA838A9512E4B0549678098AA5DAA
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ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02017-08-01
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt075.146.62.193
ReturnHeader/FilingSecurityInformation/IPDt02017-08-01
ReturnHeader/FilingSecurityInformation/IPTm018:14:45
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0911943243
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0K & J Accounting
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0255 SW 153rd Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Seattle
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098166
ReturnHeader/PreparerPersonGrp/PhoneNum02062440491
ReturnHeader/PreparerPersonGrp/PreparationDt02017-08-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JASON SOPER CPA
ReturnHeader/ReturnTs02017-08-01T16:49:55-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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