Overview
What is Miracle Dancer Scholarship Found?
The Miracle Dancer Scholarship Found is a 501(c)(3) nonprofit organization situated in Louisville, Kentucky. Established in 2012, its primary mission is to support handicapped children aged 18 and under who are passionate about dance. The organization provides weekly dance instruction to 44 students during a ten-month school year, enabling them to perform in various venues, including charity events. Fundraising programs and tuition payments from students' families contribute to the organization's revenue. Additionally, the foundation offers financial aid in the form of scholarships to 13 students with demonstrated financial needs and provides costume assistance to 33 students. By offering dance lessons and financial aid, Miracle Dancer Scholarship Found aims to enhance the physical, mental, and emotional well-being of these children, helping them gain a sense of accomplishment and self-worth.
Official website here: www.miracledancerfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
Miracle Dancer Scholarship Fund has received a score of 76%, which translates to a Three-Star rating, primarily based on its accountability and financial performance. The charity excels in several areas, including having a fully independent board with all members meeting the standards for independence and a perfect score in maintaining no material diversion of assets. Additionally, it demonstrates strong financial health with an impressive program expense ratio of 97.99%, indicating that almost all of its funds are directed toward its charitable programs.
While the organization shows significant strengths in governance and financial management, there are notable areas for improvement. The lack of a conflict of interest policy, whistleblower policy, and document retention and destruction policy has resulted in lower scores in these categories. These omissions may raise concerns regarding the organization's commitment to transparency and best practices in governance.
Overall, while Miracle Dancer Scholarship Fund performs well in financial stewardship and accountability, addressing the gaps in policy documentation could enhance its overall rating and foster greater confidence among potential donors. The charity's focus on maintaining strong program expenses suggests a commitment to its mission, but strengthening its governance framework will be essential for future growth and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Miracle Dancer Scholarship Found legitimate?
Miracle Dancer Scholarship Found is a legitimate nonprofit organization registered as a 501(c)(3) entity. Miracle Dancer Scholarship Found 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
Official website here: www.miracledancerfoundation.org
What is the mission statement of Miracle Dancer Scholarship Found?
The Miracle Dancer Scholarship Foundation's mission is centered around providing support to handicapped children, enabling them to dance and experience improved physical and mental abilities. The organization aims to assist financially disadvantaged students by offering scholarship grants. Through weekly dance instruction and performance opportunities, the foundation helps these children build self-worth and accomplishment. The foundation's activities also include seeking donations and submitting grant applications to secure additional funding.
Official website here: www.miracledancerfoundation.org
Who is the CEO of Miracle Dancer Scholarship Found?
Robert W Chambers is the Director of Miracle Dancer Scholarship Found.
Official website here: www.miracledancerfoundation.org
What is the revenue of Miracle Dancer Scholarship Found?
Miracle Dancer Scholarship Found's revenue in 2023 was $63,755.
Official website here: www.miracledancerfoundation.org
Who are the executives of Miracle Dancer Scholarship Found and what are their salaries?
There 20 volunteers at Miracle Dancer Scholarship Found.
Here are 9 key members and their salaries:
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Official website here: www.miracledancerfoundation.org
Where can I find the form 990 for Miracle Dancer Scholarship Found?
Miracle Dancer Scholarship Found's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.miracledancerfoundation.org
Learn more at the official website: www.miracledancerfoundation.org
Mission Statement of Miracle Dancer Scholarship Found
Miracle Dancer Scholarship Foundation is a non-profit organization dedicated to making a positive impact on the lives of handicapped children between the ages of 6 and 18. Through dance, the foundation aims to enhance the physical and mental abilities of these young individuals, fostering a sense of accomplishment and self-worth within them. The organization's primary objective is to assist financially disadvantaged students by offering them scholarships to cover the costs of dance instruction.
By being accepted as a 501(c)(3) entity towards the end of 2012, Miracle Dancer Scholarship Foundation was able to implement fundraising programs and collect donations to support its mission. In addition to donations, the organization also receives financial contributions from the families of the enrolled students through tuition payments for dance lessons. During a typical ten-month school year, the foundation provides weekly dance instruction to 44 students, offering them various performance opportunities at venues such as the Crusade for Children, a local organization that supports medical needs for handicapped children in a two-state area.
At the end of the fiscal year, the foundation had submitted grant applications for additional funding, with some of these requests still pending. In the meantime, the foundation provided 13 scholarships to students with demonstrated financial need and offered costume assistance to 33 students. Overall, the Miracle Dancer Scholarship Foundation's mission is to use dance as a means of empowering handicapped children, improving their physical and mental abilities, and providing them with opportunities to succeed and thrive.
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Impact
August, 2024
Miracle Dancer Scholarship Found has had a significant impact on the lives of handicapped children in Louisville, KY. Through its dance troupe, Miracle Dancers, the organization has provided these children with opportunities to improve their physical and mental acuity, as well as their sense of accomplishment and self-worth. The scholarships and financial assistance provided by the organization have enabled these students to receive weekly dance instruction and participate in performances, including events like the broadcast performance by the Crusade for Children.
Overall, the impact of Miracle Dancer Scholarship Found can be seen in the positive transformation of the students' lives, as they gain confidence, skills, and experiences that they may not have had access to otherwise.
This information is meant to be a general summary of Miracle Dancer Scholarship Found. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $53,255
- Gross Receipts: $63,755
Assets and Liabilities:
- Total Assets: $10,409
- Total Liabilities: $0
- Net Assets: $10,409
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Dance Instruction
Revenue
$53,252
Interest Income
Revenue
$3
Organization Details
Founding Year
2008
Principal Officer
Robert W Chambers
Main Address
9013 Galene Drive, Louisville, KY, 40299
NTEE Category
Code: B82 - Education
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