Liabilities / Assets
85th percentile
Higher debt load relative to assets than 85% of similar nonprofits.
EIN 47-2311042 • 501(c)3 • Lake Havasu City, AZ
Profile
Dance School and performing ensemble.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
85th percentile
Higher debt load relative to assets than 85% of similar nonprofits.
Liabilities / Revenue
69th percentile
Higher debt load relative to revenue than 69% of similar nonprofits.
Net Margin
33rd percentile
Higher net margin than 33% of similar nonprofits.
Top Officer Pay
90th percentile
Higher top officer pay than 90% of similar nonprofits.
Top officer pay equals 9.7% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Assets
Down$6,062
Down $13,300 (-69%) from 2023
Liabilities
Down$1,687
Down $6,068 (-78%) from 2023
Net Assets
Down-$9,322
Down $20,929 (-180%) from 2023
Revenue
Up$141,417
Up $25,151 (+22%) from 2023
Expenses
Up$152,733
Up $7,682 (+5.3%) from 2023
Net Income
Up-$11,316
Up $17,469 (+61%) from 2023
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
Provide classical ballet lessons to students of all ages at reasonable prices
| Description | Grants | Expenses |
|---|---|---|
| PROVIDE CLASSICAL BALLET LESSONS IN LAKE HAVASU CITY, AZ AT AFFORDABLE PRICES | - | $139,036 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MELANIE PRESTON | COO | PT | $13,697 | - | $13,697 |
| MICHELE LIN | Chairman | - | $0 | - | - |
| HEATHER CRAWFORD | Treasurer | - | $0 | - | - |
| IRENE ROSE | Director | - | $0 | - | - |
| JULIE DAY | Director | - | $0 | - | - |
| KIM KRICK | Director | - | $0 | - | - |
| KIMBERLEE PRICCO | Director | - | $0 | - | - |
| MARGIE SNYDER | Director | - | $0 | - | - |
“Advertising and Promotion $5674”
“Office Expenses $3786”
“Travel $12956”
“Insurance $1129”
“Performance expenses $5955”
“COSTUMES $5919”
“CONTRACT LABOR $4060”
“BANK CHARGES $2718”
“PHOTOGRAPHY $1675”
“Dues & subscriptions $754”
“SCHOLARSHIPS $600”
“STUDIO EXPENSES $357”
“QUICKBOOKS FEES $301”
“MISC $230”
“Repairs and maintenance $209”
“DONATION $100”
“Meals & entertainment $39”
“Inventories - Beginning $4430 Inventories - Ending $4248”
“Accounts Payable and Accrued Expenses - Beginning $4427 Accounts Payable and Accrued Expenses - Ending $0”
“PAYROLL LIABILITY - Beginning $3328 PAYROLL LIABILITY - Ending $1687”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | MELANIE PRESTON |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9284128208 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2735 MARICOPA AVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | LAKE HAVASU CITY |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | AZ |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 86403 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 5319 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 1814 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 23860 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -11316 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 9749 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 6062 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 141417 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 1 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 1994 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -9322 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 1994 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 4375 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 17784 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 20.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 13697 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | MICHELE LIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | HEATHER CRAWFORD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | IRENE ROSE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | JULIE DAY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | KIM KRICK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | KIMBERLEE PRICCO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | MARGIE SNYDER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | MELANIE PRESTON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Chairman |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | COO |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 4430 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 4248 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 46462 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | PROVIDE CLASSICAL BALLET LESSONS TO STUDENTS OF ALL AGES AT REASONABLE PRICES |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 99 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 117556 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROVIDE CLASSICAL BALLET LESSONS IN LAKE HAVASU CITY, AZ AT AFFORDABLE PRICES |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 139036 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 88388 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | true |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 7755 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 1687 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 152733 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 139036 |
| IRS990EZ/TotalRevenueAmt | 0 | 141417 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | true |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Schedule E, Line 4 - Explanation of Records and Materials Not Maintained |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Schedule E, Line 5 - Explanation of Organization Discrimination by Race |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Advertising and Promotion $5674 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Office Expenses $3786 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Travel $12956 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Insurance $1129 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | PERFORMANCE EXPENSES $5955 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | COSTUMES $5919 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | CONTRACT LABOR $4060 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | BANK CHARGES $2718 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | PHOTOGRAPHY $1675 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | DUES & SUBSCRIPTIONS $754 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | SCHOLARSHIPS $600 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | STUDIO EXPENSES $357 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | QUICKBOOKS FEES $301 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | MISC $230 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 14 | REPAIRS AND MAINTENANCE $209 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 15 | DONATION $100 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 16 | MEALS & ENTERTAINMENT $39 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 17 | Inventories - Beginning $4430 Inventories - Ending $4248 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 18 | Accounts Payable and Accrued Expenses - Beginning $4427 Accounts Payable and Accrued Expenses - Ending $0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 19 | PAYROLL LIABILITY - Beginning $3328 PAYROLL LIABILITY - Ending $1687 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1012 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Expenses.5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Other Expenses.6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Other Expenses.7 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Other Expenses.8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Other Expenses.9 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Other Expenses.10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 14 | Other Expenses.11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 15 | Other Expenses.12 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 16 | Other Expenses.14 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 17 | Other Assets.1010 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 18 | Total Liabilities.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 19 | Total Liabilities.1 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MELANIE PRESTON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | COO |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-12-23 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | INITIATIVE FOR GROWTH FOUNDATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | INIT |
| ReturnHeader/Filer/EIN | 0 | 472311042 |
| ReturnHeader/Filer/PhoneNum | 0 | 9284128208 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2735 MARICOPA AVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | LAKE HAVASU CITY |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | AZ |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 86403 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 208116550 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | NSC CERTIFIED PUBLIC ACCOUNTANTS LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 10 ACOMA BLVD S STE 100 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | LAKE HAVASU CITY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | AZ |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 86403 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9284532290 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Traci L Piacitelli EA |
| ReturnHeader/ReturnTs | 0 | 2025-12-23T15:19:42-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-12-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-11-30 |
| ReturnHeader/TaxYr | 0 | 2023 |
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