Overview
What is Professional Dance Network Inc?
Professional Dance Network Inc, based in Ankeny, Iowa, serves as a non-profit educational organization with a focus on performing arts instruction. It caters to individuals ranging from young children to adults, providing them with ample performance opportunities and professional training in various dance styles. This organization, dedicated to quality education in the performing arts, offers a nurturing environment for talent development and growth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 48%, Zero-Star out of Four Star rating
Professional Dance Network Inc has received a low score of 48%, resulting in a Zero-Star rating. This rating primarily reflects the organization's performance in the Accountability & Finance category, where it has shown significant weaknesses. The score indicates concerns regarding the organization’s financial health and governance practices.
The organization does have strengths, including having a majority independent board with 10 out of 10 points for governance. Additionally, there are no reported material diversions of assets, which is a positive indicator of financial integrity. However, the organization is marked down for missing key governance policies, including a conflict of interest policy and a whistleblower policy, which are essential for transparency and accountability.
Significant issues also arise from the liabilities to assets ratio, which stands at a concerning 2507.79%, suggesting potential financial risk. Furthermore, the organization has not listed its website on its tax form, which raises transparency concerns. Overall, while there are some governance strengths, the significant financial concerns and missing policies contribute to a troubling overall evaluation.
This AI summary has been generated from information found on Charity Navigator.
Is Professional Dance Network Inc legitimate?
Professional Dance Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Professional Dance Network 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
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What is the mission statement of Professional Dance Network Inc?
Professional Dance Network Inc, as a non-profit organization, is committed to delivering high-quality performing arts education to individuals ranging from young children to adults. Their mission is centered around providing opportunities for talented young ones to showcase their skills and offering professional training in various dance styles. The organization's primary goal is to enhance the artistic growth and development of its participants.
Who is the CEO of Professional Dance Network Inc?
Sheri A Senter is the Executive Di of Professional Dance Network Inc.
What is the revenue of Professional Dance Network Inc?
Professional Dance Network Inc's revenue in 2022 was $51,573.
Who are the executives of Professional Dance Network Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Professional Dance Network Inc?
Professional Dance Network Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Professional Dance Network Inc
Professional Dance Network, a non-profit educational organization, is committed to delivering high-quality performing arts instruction to individuals ranging from young children to adults. The mission of Professional Dance Network is centered around providing opportunities for talented young performers and offering professional training in various dance styles. The organization's primary focus is on nurturing and fostering artistic growth, ensuring that each individual can fully realize their potential in the world of dance.
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Impact
August, 2024
Professional Dance Network Inc has a significant impact on the community by providing quality performing arts instruction for individuals of all ages. Through their programs, they offer professional training in a variety of dance styles and provide performance opportunities for talented children. By fostering a love for dance and nurturing talent, Professional Dance Network Inc contributes to the cultural enrichment of the community and helps individuals develop their artistic abilities and confidence.
This information is meant to be a general summary of Professional Dance Network 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $51,573
- Gross Receipts: $51,573
Assets and Liabilities:
- Total Assets: $19,900
- Total Liabilities: $115,998
- Net Assets: -$96,098
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$51,573
Organization Details
Principal Officer
Sheri A Senter
Main Address
1205 NE 31ST STREET, ANKENY, IA, 50021
NTEE Category
Code: A62 - Arts
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