Civic Intelligence

Dance Conservatory of Pasadena School

990 • Fiscal year 2016 • EIN 46-2341057

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 01, 2016

66 Waverly DrivePasadena, CA 91105

(626) 396-1744

Siviq Scores

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

Liabilities / Assets

77th percentile

0.09x

Higher debt load relative to assets than 77% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

77th percentile

0.05x

Higher debt load relative to revenue than 77% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

27th percentile

-7.4%

Higher net margin than 27% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

31st percentile

-8.5%

Faster asset growth than 31% of similar nonprofits.

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

Revenue Growth

38th percentile

-7.3%

Faster revenue growth than 38% of similar nonprofits.

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

Assets

Down

$259,500

Down $24,126 (-8.5%) from 2015

Net Assets

Down

$234,953

Down $33,139 (-12%) from 2015

Liabilities

Up

$24,547

Up $9,013 (+58%) from 2015

Revenue

Down

$446,744

Down $35,007 (-7.3%) from 2015

Expenses

Up

$479,883

Up $1,191 (+0.2%) from 2015

Net Income

Down

-$33,139

Down $36,198 (-1183%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500K-$1.0MAssets 2015: $283,626Liabilities 2015: $15,534Net Assets 2015: $268,0922015Assets 2016: $259,500Liabilities 2016: $24,547Net Assets 2016: $234,9532016Assets 2017: $236,740Liabilities 2017: $8,268Net Assets 2017: $228,4722017Assets 2018: $242,279Liabilities 2018: $4,369Net Assets 2018: $237,9102018Assets 2019: $232,565Liabilities 2019: $14,318Net Assets 2019: $218,2472019Assets 2020: $190,555Liabilities 2020: $71,997Net Assets 2020: $118,5582020Assets 2021: $257,665Liabilities 2021: $284,7072021Assets 2022: $399,608Liabilities 2022: $618,073Net Assets 2022: -$218,4652022Assets 2023: $243,379Liabilities 2023: $624,870Net Assets 2023: -$381,4912023Assets 2024: $121,851Liabilities 2024: $674,432Net Assets 2024: -$552,5812024

Highlighted filing

2016

Assets$259,500
Liabilities$24,547
Net Assets$234,953

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2015: $481,751Expenses 2015: $478,692Net Income 2015: $3,0592015Revenue 2016: $446,744Expenses 2016: $479,883Net Income 2016: -$33,1392016Revenue 2017: $515,086Expenses 2017: $521,567Net Income 2017: -$6,4812017Revenue 2018: $584,436Expenses 2018: $574,998Net Income 2018: $9,4382018Revenue 2019: $681,387Expenses 2019: $701,050Net Income 2019: -$19,6632019Revenue 2020: $401,830Expenses 2020: $501,519Net Income 2020: -$99,6892020Revenue 2021: $195,032Expenses 2021: $340,632Net Income 2021: -$145,6002021Revenue 2022: $198,388Expenses 2022: $389,811Net Income 2022: -$191,4232022Revenue 2023: $257,683Expenses 2023: $420,709Net Income 2023: -$163,0262023Revenue 2024: $394,211Expenses 2024: $565,301Net Income 2024: -$171,0902024

Highlighted filing

2016

Revenue$446,744
Expenses$479,883
Net Income-$33,139
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 1, 2016
Return Version
2015v3.0
Gross Receipts
$446,744
Mission and Program Overview

Mission

To provide dance education and experience with the

To provide dance education and experience with the highest level of standards so appreciation for the art of dance endures for future generations

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$268,092$234,953▼ $33,139
Land, Buildings, and Equipment, Net$247,609$227,216▼ $20,393
Cash and Non-Interest-Bearing Accounts$22,506$20,143▼ $2,363
Inventories for Sale or Use$4,211$3,641▼ $570
Intangible Assets$2,800$2,000▼ $800
Total Assets$283,626$259,500▼ $24,126
Other Assets Total$6,500$6,500→ $0
Liabilities
Accounts Payable and Accrued Expenses$15,534$24,547▲ $9,013
Total Liabilities$15,534$24,547▲ $9,013
Net Assets / Fund Balance
Total Net Assets Fund Balance$268,092$234,953▼ $33,139
Total Liabilities and Net Assets / Fund Balance$283,626$259,500▼ $24,126

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,000--
Equipment$26,558$18,072-
Leasehold Improvements$198,658$37,735-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Charles FullerDirector
Doug HumbermanDirector
Eugene ChengDirector
Phillip FullerDirector
Jennifer ChengExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$127,000
Program Service Revenue
$319,744
Investment Income
$0
Other Revenue
$0
All Other Contributions
$127,000
Change in Net Assets
$-33,139
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$245,949
Salaries, Compensation, and Employee Benefits$220,245
Grants and Similar Amounts Paid$13,689
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$203,531$0$0$203,531
All Other Expenses$119,259$4,796$0$124,055
Occupancy$78,000$0$0$78,000
Depreciation Depletion$21,246$2,614$0$23,860
Payroll Taxes$16,714$0$0$16,714
Grants to Domestic Individuals$13,689--$13,689
Fees for Services Accounting$0$8,940$0$8,940
Travel$4,301$0$0$4,301
Office Expenses$0$3,942$0$3,942
Information Technology$0$2,806$0$2,806
Advertising$45$0$0$45
Total Functional Expenses$456,785$23,098$0$479,883
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
Filing and Contact Details

Filer

Filer Name
Dance Conservatory of Pasadena School
EIN
46-2341057
Phone
6263961744
Address
66 WAVERLY DRIVE, PASADENA, CA 91105

Signing Officer

Name
Jennifer Cheng
Title
Executive Director
Phone
6263961744
Signed
2016-11-01

Organization Details

Formed
2013
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
6
Volunteers
15

Preparer

Firm
Barbara L Nielsen CPA
Address
2629 Foothill Blvd 320, La Crescenta, CA 91214
Preparer
Barbara L Nielsen
Phone
8189572208
Supplemental Narrative

Additional Explanations

Pt IV

Section c,line 19-governing documents & financial statements available on request

Pt VI, Line 2

The executive director's brother is a board member

Pt VI, Line 11B

The return is reviewed by the entity's bookkeeper and the executive director

Form 990, Part IX, Line 24E

Camp expenses 187. 187. 0. 0.

Form 990, Part IX, Line 24E

Instructors 37234. 37234. 0. 0.

Form 990, Part IX, Line 24E

Product cost 4163. 4163. 0. 0.

Form 990, Part IX, Line 24E

Shows cost 30872. 30872. 0. 0.

Form 990, Part IX, Line 24E

Competition cost 2408. 2408. 0. 0.

Form 990, Part IX, Line 24E

Alarms & security 940. 0. 940. 0.

Form 990, Part IX, Line 24E

Bank charges 585. 0. 585. 0.

Form 990, Part IX, Line 24E

Dues & subscriptions 1799. 1799. 0. 0.

Form 990, Part IX, Line 24E

Insurance 6006. 6006. 0. 0.

Form 990, Part IX, Line 24E

Licenses & permits 315. 0. 315. 0.

Form 990, Part IX, Line 24E

Marketing & promotion 2819. 2819. 0. 0.

Form 990, Part IX, Line 24E

Meals & entertainment 943. 943. 0. 0.

Form 990, Part IX, Line 24E

Merchant fees 7106. 7106. 0. 0.

Form 990, Part IX, Line 24E

Office supplies 699. 0. 699. 0.

Form 990, Part IX, Line 24E

Payroll fee 565. 565. 0. 0.

Form 990, Part IX, Line 24E

POSTAGE 107. 0. 107. 0.

Form 990, Part IX, Line 24E

Broker fees 500. 0. 500. 0.

Form 990, Part IX, Line 24E

Repair & maintenance 8627. 8627. 0. 0.

Form 990, Part IX, Line 24E

State tax fee 20. 0. 20. 0.

Form 990, Part IX, Line 24E

Utiliites 12527. 12527. 0. 0.

Form 990, Part IX, Line 24E

WEBSITE 507. 507. 0. 0.

Form 990, Part IX, Line 24E

Penalties 1630. 0. 1630. 0.

Form 990, Part IX, Line 24E

Prior year adjustment 3496. 3496. 0. 0.

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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANTS ARE PROVIDED TO VARIOUS BALLET STUDENTS FOR LESSONS BASED ON MERIT OR NEED
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 2
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SECTION C,LINE 19-GOVERNING DOCUMENTS & FINANCIAL STATEMENTS AVAILABLE ON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE DIRECTOR'S BROTHER IS A BOARD MEMBER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE RETURN IS REVIEWED BY THE ENTITY'S BOOKKEEPER AND THE EXECUTIVE DIRECTOR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CAMP EXPENSES 187. 187. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INSTRUCTORS 37234. 37234. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PRODUCT COST 4163. 4163. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SHOWS COST 30872. 30872. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7COMPETITION COST 2408. 2408. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ALARMS & SECURITY 940. 0. 940. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9BANK CHARGES 585. 0. 585. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10DUES & SUBSCRIPTIONS 1799. 1799. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11INSURANCE 6006. 6006. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12LICENSES & PERMITS 315. 0. 315. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13MARKETING & PROMOTION 2819. 2819. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14MEALS & ENTERTAINMENT 943. 943. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15MERCHANT FEES 7106. 7106. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16OFFICE SUPPLIES 699. 0. 699. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17PAYROLL FEE 565. 565. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18POSTAGE 107. 0. 107. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19BROKER FEES 500. 0. 500. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20REPAIR & MAINTENANCE 8627. 8627. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21STATE TAX FEE 20. 0. 20. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22UTILIITES 12527. 12527. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt23WEBSITE 507. 507. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt24PENALTIES 1630. 0. 1630. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt25PRIOR YEAR ADJUSTMENT 3496. 3496. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt IV
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc22Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc23Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc24Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc25Form 990, Part IX, Line 24e
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IRS990/USAddress/AddressLine1Txt066 WAVERLY DRIVE
IRS990/USAddress/CityNm0PASADENA
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd091105
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IRS990/WebsiteAddressTxt0dancepasadena.com/
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIFER CHENG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06263961744
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DANCE CONSERVATORY OF PASADENA SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0DANC
ReturnHeader/Filer/EIN0462341057
ReturnHeader/Filer/PhoneNum06263961744
ReturnHeader/Filer/USAddress/AddressLine1Txt066 WAVERLY DRIVE
ReturnHeader/Filer/USAddress/CityNm0PASADENA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091105
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Barbara L Nielsen CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02629 Foothill Blvd 320

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