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The Dancers Alchemy Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 161620182 ✦ Boynton beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is The Dancers Alchemy Inc?

The Dancers Alchemy Inc, based on the provided information, is a nonprofit organization dedicated to delivering educational dance performances. Through their diverse programs, they conduct dance recitals aimed at educating their audience. The organization's mission is centered around providing these engaging performances, contributing to the arts and education sector in an unique and meaningful way.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (73%)

The Dancers Alchemy Inc has been rated as needing improvement, receiving a two-star rating from Charity Navigator. The organization excels in accountability and finance, achieving a perfect score for various financial metrics, including a 100% program expense ratio and a 0.00% liabilities to assets ratio. This indicates strong financial management and that nearly all expenses are directed toward its programs.

However, the nonprofit faces significant challenges in transparency and governance. It has received low scores for missing essential policies, such as a conflict of interest policy, whistleblower policy, and document retention policy, all of which are crucial for maintaining trust and accountability with donors and the public. Additionally, the absence of a website listed on its tax form further hampers transparency efforts.

Overall, while The Dancers Alchemy Inc demonstrates strong financial health, it must address its governance shortcomings to enhance its credibility and effectiveness in serving its mission.


This AI summary has been generated from information found on Charity Navigator.

Is The Dancers Alchemy Inc legitimate?

The Dancers Alchemy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Dancers Alchemy Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Dancers Alchemy Inc?

The Dancers Alchemy Inc, as a mission, focuses on delivering educational dance performances. They accomplish this objective through their diverse programs, such as dance recitals. The organization's primary goal is to educate and entertain audiences through dance, providing an engaging and enlightening experience. By showcasing dance performances, The Dancers Alchemy Inc promotes the art form and encourages appreciation and understanding of dance among the wider community. Through their programs, they aim to inspire and engage individuals of all ages, fostering a love for dance and its cultural significance.

What is the revenue of The Dancers Alchemy Inc?

The Dancers Alchemy Inc's revenue in 2024 was $180,770.

Who are the executives of The Dancers Alchemy Inc and what are their salaries?

Here are 5 key members and their salaries:


Marybeth Joassaint (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gianna Rayner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jillian Rhein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Morales (President Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kerri Fouchet (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Dancers Alchemy Inc?

The Dancers Alchemy Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of The Dancers Alchemy Inc

The Dancers Alchemy Inc, a nonprofit organization, is committed to delivering educational dance performances through its diverse programs. Their mission is to showcase dance in an instructive manner, and this is achieved through their dance recitals. By offering these performances, The Dancers Alchemy Inc aims to engage and educate its audience about the art of dance. The organization's initiatives serve as a platform for both the performers and the spectators, fostering a learning environment that celebrates dance as a form of expression and communication.

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Impact




October, 2024

The Dancers Alchemy Inc significantly impacts the community by providing educational dance performances that foster artistic expression and creativity. Through various programs, including dance recitals, they engage individuals of all ages in the joys of dance, enhancing both personal growth and social connections. By hosting events that showcase talent and dedication, they inspire participants and audiences alike, contributing to a vibrant arts culture in Boynton Beach, FL. Their commitment to education in the arts not only enriches individual lives but also strengthens the community by promoting appreciation for the performing arts.




This information is meant to be a general summary of The Dancers Alchemy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$180,770 (2024)
Expenses
$158,497 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Program Service Revenue: $180,770
  • Gross Receipts: $180,770

Assets and Liabilities:

  • Total Assets: $22,048
  • Total Liabilities: $0
  • Net Assets: $22,048

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DANCE ACTIVITIES

Revenue

$180,770

Organization Details

Founding Year

2002

Principal Officer

Lori Morales

NTEE Category

Code: A62 - Arts

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