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Passes our checks

Company of Dance Arts

EIN 22-2655280 · Tinton Falls, NJ

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood78 out of 100GovernanceFair62 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • Raising each dollar of donations cost 73 cents.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

THE COMPANY OF DANCE ARTS (CODA) IS DEDICATED TO PROVIDING A DIVERSE GROUP OF CHILDREN AND TEENS WITH HIGH-CALIBER DANCE PERFORMANCE OPPORTUNITIES AND FOSTERING PROFESSIONAL ARTISTIC GROWTH, EXCEPTIONAL PERFORMANCE STANDARDS, AND COMPREHENSIVE PERSONAL DEVELOPMENT. OUR PROGRAMS ARE DESIGNED TO ELEVATE YOUNG DANCERS THROUGH ADVANCED TRAINING AND ENGAGEMENT WITH PROFESSIONAL ARTISTS AND CHOREOGRAPHERS. WE AIM TO NURTURE RESILIENCE, ARTISTIC EXCELLENCE, AND A BROAD SKILL SET IN PERFORMANCE, CHOREOGRAPHY, AND STAGE PRODUCTION. CODA ENRICHES THE COMMUNITY'S CULTURAL LANDSCAPE BY PROMOTING AN APPRECIATION FOR CLASSICAL BALLET AND CONTEMPORARY DANCE. OUR OUTREACH INITIATIVES ACTIVELY ENGAGE DIVERSE AUDIENCES, FOSTERING INCLUSIVITY AND SPARKING INTEREST IN THE PERFORMING ARTS. THROUGH EDUCATION AND PERFORMANCE, CODA SHAPES THE NEXT GENERATION OF ARTISTS AND CREATES AN ORGANIC SYSTEM WHERE THE ART OF DANCE THRIVES AND ENRICHES LIVES.

Income
$323,588
Spending
$227,804
Spent on programs
84%
Reserves
11.7 months of spending
Largest source of income
fees for its services, 90%
Employees
0

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 78 out of 100.

  • Reserves

    28 of 35

    Spendable reserves would cover 11.7 months of spending.

  • Debt

    20 of 20

    It owes 6% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 30% of income.

  • Income trend

    15 of 15

    Income rose 15% on the year before.

  • Spending floor

    0 of 15

    84% of spending went to programs and raising each dollar of donations cost 73 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 62 out of 100.

  • Independent board

    5 of 25

    0 of 10 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. CODAS OBJECTIVE CONTINUES TO BE EXPOSING PRE-PROFESSIONAL DANCERS TO THE REAL LIFE RIGORS OF A PROFESSIONAL DANCER. THE COMPANY SERVES FIRST AND FOREMOST TO PROVIDE YOUNG DANCERS WITH PERFORMANCE OPPORTUNITIES THAT MEET PROFESSIONAL STANDARDS OF ARTISTIC DEVELOPMENT, PERFORMANCE VALUES, AND PRODUCTION QUALITIES.
  2. $191,763 spent. CODAS OBJECTIVE CONTINUES TO BE EXPOSING PRE-PROFESSIONAL DANCERS TO THE REAL LIFE RIGORS OF A PROFESSIONAL DANCER. THE COMPANY SERVES FIRST AND FOREMOST TO PROVIDE YOUNG DANCERS WITH PERFORMANCE OPPORTUNITIES THAT MEET PROFESSIONAL STANDARDS OF ARTISTIC DEVELOPMENT, PERFORMANCE VALUES, AND PRODUCTION QUALITIES.
  3. CODAS OBJECTIVE CONTINUES TO BE EXPOSING PRE-PROFESSIONAL DANCERS TO THE REAL LIFE RIGORS OF A PROFESSIONAL DANCER. THE COMPANY SERVES FIRST AND FOREMOST TO PROVIDE YOUNG DANCERS WITH PERFORMANCE OPPORTUNITIES THAT MEET PROFESSIONAL STANDARDS OF ARTISTIC DEVELOPMENT, PERFORMANCE VALUES, AND PRODUCTION QUALITIES.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since October 1987.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.