Civic Intelligence

Absolute Dance Company Inc

EIN 45-5481970 • 501(c)3 • Grand Junction, CO

Pub. 78 Eligible990-N CoverageNTEE A62

Profile

Empower pre-professional dancers in western colorado through education, scholarship, connection, and performance opportunities.

2460 Patterson Road Unit 5Grand Junction, CO 81505
Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$43,853

Up $5,300 (+14%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$43,853

Up $5,300 (+14%) from 2023

Operations

Revenue

Down

$32,260

Down $28,720 (-47%) from 2023

Expenses

Down

$26,960

Down $15,958 (-37%) from 2023

Net Income

Down

$5,300

Down $12,762 (-71%) from 2023

Trend Graphs

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2023: $38,553Liabilities 2023: $0Net Assets 2023: $38,5532023Assets 2024: $43,853Liabilities 2024: $0Net Assets 2024: $43,8532024

Highlighted filing

2024

Assets$43,853
Liabilities$0
Net Assets$43,853
Open 2024 Filing

Operations Trend

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

$80K$60K$40K$20K$0Revenue 2023: $60,980Expenses 2023: $42,918Net Income 2023: $18,0622023Revenue 2024: $32,260Expenses 2024: $26,960Net Income 2024: $5,3002024

Highlighted filing

2024

Revenue$32,260
Expenses$26,960
Net Income$5,300
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$43,853
Liabilities
$0
Net assets
$43,853
Revenue
$32,260
Expenses
$26,960
Net income
$5,300
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$43.9$0.00$43.9$32.3$27.0$5.30
2023Detailed filing. Detailed filing data is available for this year.$38.6$0.00$38.6$61.0$42.9$18.1
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to May 31, 2024
Signed
Mar 17, 2025
Return Version
2023v6.0
Gross Receipts
$95,529
Mission and Program Overview

Mission

The organization empowers youth on colorados western slope through need- based scholarships that remove financial barriers to dance education, competition, and professional growth.

Empower pre-professional dancers in western colorado through education, scholarship, connection, and performance opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$38,553$33,653▼ $4,900
Savings and Temporary Cash Investments-$10,200-
Total Assets$38,553$43,853▲ $5,300
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$25,512$38,733▲ $13,221
Net Assets With Donor Restrictions$13,041$5,120▼ $7,921
Total Net Assets Fund Balance$38,553$43,853▲ $5,300
Total Liabilities and Net Assets / Fund Balance$38,553$43,853▲ $5,300
Compensation and Service Providers

Board Members and Trustees

NameTitle
Christina OldsPresident
Hilary SoriaSecretary
Jennifer SnowTreasurer
April LarsonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$16,721
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$15,539
All Other Contributions
$16,721
Change in Net Assets
$5,300
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$24,355
Other Expenses$2,605
Total Fundraising Expense$2,220
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$24,355--$24,355
Office Expenses-$251$1,079$1,330
Advertising--$1,091$1,091
Conferences and Meetings-$134-$134
Fees for Services Other--$50$50
Total Functional Expenses$24,355$385$2,220$26,960
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$78,808
Gaming Direct Expenses$63,269
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Absolute Dance Company Inc
EIN
45-5481970
Phone
9702019417
Address
2460 PATTERSON ROAD UNIT 5, GRAND JUNCTION, CO 81505
Doing Business As
Grand Valley Dancers Foundation

Signing Officer

Name
Christina Olds
Title
President
Phone
9702019417
Signed
2025-03-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christina Olds
Formed
2012
Legal Domicile
Co
Voting Board Members
25
Independent Board Members
0
Employees
0
Volunteers
25

Preparer

Firm
Ellis CPA Firm Pc
Address
605 25 RD STE 200, GRAND JUNCTION, CO 81505
Preparer
Hilary Soria
Phone
9702415040
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