Civic Intelligence

Clocktower Players Inc

990 • Fiscal year 2015 • EIN 13-2967644

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 20, 2016

PO Box 292Irvington, NY 10533

(914) 381-8900

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

97th percentile

1.81x

Higher debt load relative to assets than 97% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

81st percentile

0.09x

Higher debt load relative to revenue than 81% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

33rd percentile

-3.2%

Higher net margin than 33% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

98th percentile

$92,024

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 23.8% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

99th percentile

1390%

Faster asset growth than 99% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

49th percentile

0.4%

Faster revenue growth than 49% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$19,370

Up $18,070 (+1390%) from 2014

Net Assets

Down

-$15,708

Down $12,400 (-375%) from 2014

Liabilities

Up

$35,078

Up $30,470 (+661%) from 2014

Revenue

Up

$386,351

Up $1,577 (+0.4%) from 2014

Expenses

Up

$398,751

Up $9,858 (+2.5%) from 2014

Net Income

Down

-$12,400

Down $8,281 (-201%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0-$100KAssets 2010: $11,522Liabilities 2010: $02010Assets 2011: $14,250Liabilities 2011: $10,000Net Assets 2011: $4,2502011Assets 2013: $2,835Liabilities 2013: $5,058Net Assets 2013: -$2,2232013Assets 2014: $1,300Liabilities 2014: $4,608Net Assets 2014: -$3,3082014Assets 2015: $19,370Liabilities 2015: $35,078Net Assets 2015: -$15,7082015Assets 2016: $44,422Liabilities 2016: $64,201Net Assets 2016: -$19,7792016Assets 2017: $43,937Liabilities 2017: $87,235Net Assets 2017: -$43,2982017Assets 2018: $44,389Liabilities 2018: $73,806Net Assets 2018: -$29,4172018Assets 2019: $66,322Liabilities 2019: $46,957Net Assets 2019: $19,3652019Assets 2020: $23,710Liabilities 2020: $5,312Net Assets 2020: $18,3982020Assets 2021: $269,721Liabilities 2021: $180,269Net Assets 2021: $89,4522021Assets 2022: $95,007Liabilities 2022: $151,401Net Assets 2022: -$56,3942022

Highlighted filing

2015

Assets$19,370
Liabilities$35,078
Net Assets-$15,708

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2010: $273,822Expenses 2010: $276,887Net Income 2010: -$3,0652010Revenue 2011: $302,234Expenses 2011: $309,506Net Income 2011: -$7,2722011Revenue 2013: $344,116Expenses 2013: $342,643Net Income 2013: $1,4732013Revenue 2014: $384,774Expenses 2014: $388,893Net Income 2014: -$4,1192014Revenue 2015: $386,351Expenses 2015: $398,751Net Income 2015: -$12,4002015Revenue 2016: $408,852Expenses 2016: $412,923Net Income 2016: -$4,0712016Revenue 2017: $396,686Expenses 2017: $420,205Net Income 2017: -$23,5192017Revenue 2018: $376,946Expenses 2018: $363,065Net Income 2018: $13,8812018Revenue 2019: $421,968Expenses 2019: $373,186Net Income 2019: $48,7822019Revenue 2020: $280,075Expenses 2020: $281,042Net Income 2020: -$9672020Revenue 2021: $279,037Expenses 2021: $207,983Net Income 2021: $71,0542021Revenue 2022: $121,758Expenses 2022: $267,604Net Income 2022: -$145,8462022

Highlighted filing

2015

Revenue$386,351
Expenses$398,751
Net Income-$12,400
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 20, 2016
Return Version
2014v6.0
Gross Receipts
$396,735
Mission and Program Overview

Mission

Clocktower players, inc. Is dedicated to enriching the community through live theater by providing a dynamic environment to foster creative expression, champion diversity, and empower youth to achieve success onstage and off. Clocktower players seeks to build community through theater performed by local talent and attended by neighbors, family, and friends. Clocktower players' home, the historic irvington town hall, grounds clocktower players within the tradition of the american town hall - a forum for public discussion, debate, and celebration. Clocktower players strives to reach into their own backyard and embrace new and diverse perspectives. They believe that the inclusion of diverse cultures is a powerful agent of social betterment for the community. Clocktower players provides a supportive classroom where artists of all ages feel safe to take risks and explore their voices. Clocktower members encourage everyone to tell their stories and try out new ideas. They value storytelling

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,300$11,694▲ $10,394
Accounts Receivable-$7,676-
Total Assets$1,300$19,370▲ $18,070
Liabilities
Accounts Payable and Accrued Expenses-$24,600-
Other Liabilities$4,608$10,478▲ $5,870
Total Liabilities$4,608$35,078▲ $30,470
Net Assets / Fund Balance
Unrestricted Net Assets$-3,308$-15,708▼ $12,400
Total Net Assets Fund Balance$-3,308$-15,708▼ $12,400
Total Liabilities and Net Assets / Fund Balance$1,300$19,370▲ $18,070
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
-Executive DiFT$92,024$92,024

Board Members and Trustees

NameTitle
Joseph ZeollaPresident
Barbara SalantBoard Member
Eileen CharlesBoard Member
Karyn SchorrBoard Member
Keith GilroyBoard Member
Rebekah Fio RitoBoard Member
Shannon L JohnsonBoard Member
Laura WinstonSecretary
John Paul McmanusTreasurer
Janine ThompsonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$36,212
Program Service Revenue
$323,695
Investment Income
$5
Other Revenue
$26,439
All Other Contributions
$6,335
Change in Net Assets
$-12,400
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$306,727
Salaries, Compensation, and Employee Benefits$92,024
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$44,259$124,170-$168,429
Current Officers, Directors, Trustees, and Key Employees$92,024--$92,024
Occupancy$39,682--$39,682
Advertising$38,350--$38,350
Office Expenses$727$13,816-$14,543
Insurance$6,254--$6,254
Fees for Services Accounting-$4,450-$4,450
Royalties$3,182--$3,182
Other Expenses$2,450$2,236-$2,236
All Other Expenses-$225-$225
Total Functional Expenses$253,854$144,897$0$398,751
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$35,635
Fundraising Direct Expenses$10,141
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$65,337$35,635$10,141$25,494
Total Events$65,337$35,635$10,141$25,494
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Cagle CoOwner Is E.d.Pmt for Svcs RendereNo$92,024
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Unearned/prepaid Tuition$10,478
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The organization's president and treasurer receive a hard copy of form 990 for review and comment. An electronic version of the form 990 is provided to the executive board and any member of the finance committee.

Form 990, Page 6, Part VI, Line 15A

Fees associated with services performed by the executive director were determined by fees established over the preceding five (5) years, including a minimal signing bonus and a cost of living increase only on fees associated with tasks under the duties performed as executive director. Initial fee rate was determined based on fees that the organization was paying other independent contractors, ie: directors, choreographers, producers, etc., prior to the hiring of the executive director.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Clocktower Players Inc
EIN
13-2967644
Phone
9143818900
Address
PO BOX 292, IRVINGTON, NY 10533

Signing Officer

Name
Jopseph Zeolla
Title
President
Phone
9143818900
Signed
2016-01-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Zeolla
Formed
1978
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
48

Preparer

Firm
Jack Flax
Address
306 W 22ND ST, DEER PARK, NY 11729
Preparer
Jack Flax
Phone
6312542753
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Clocktower players, inc. Is dedicated to enriching the community through live theater by providing a dynamic environment to foster creative expression, champion diversity, and empower youth to achieve success onstage and off. Clocktower players seeks to build community through theater performed by local talent and attended by neighbors, family, and friends. Clocktower players' home, the historic irvington town hall, grounds clocktower players within the tradition of the american town hall - a forum for public discussion, debate, and celebration. Clocktower players strives to reach into their own backyard and embrace new and diverse perspectives. They believe that the inclusion of diverse cultures is a powerful agent of social betterment for the community. Clocktower players provides a supportive classroom where artists of all ages feel safe to take risks and explore their voices. Clocktower members encourage everyone to tell their stories and try out new ideas. They value storytelling as the foundation of effective and meaningful communication.

Form 990, Page 2, Part III, Line 4A

Performance was 200. The teen troupe served 15 students who attended 24 classes, and included one (1) show with a total of two(2) performances. The average audience size was 200 people. The adult troupe served forty six(46) community actors and included two(2) large scale musicals featuring community residents. The average size of an audience per performance was 200. The summer program served forty eight (48) students and included two (2) performances. This theater arts training program for kids of all ages was held at mercy college and included two(2) three-week sessions.

Form 990, Part IX, Line 11G

Non salaried contractor 44,259 124,170 0

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IRS990/MissionDesc0CLOCKTOWER PLAYERS, INC. IS DEDICATED TO ENRICHING THE COMMUNITY THROUGH LIVE THEATER BY PROVIDING A DYNAMIC ENVIRONMENT TO FOSTER CREATIVE EXPRESSION, CHAMPION DIVERSITY, AND EMPOWER YOUTH TO ACHIEVE SUCCESS ONSTAGE AND OFF. CLOCKTOWER PLAYERS SEEKS TO BUILD COMMUNITY THROUGH THEATER PERFORMED BY LOCAL TALENT AND ATTENDED BY NEIGHBORS, FAMILY, AND FRIENDS. CLOCKTOWER PLAYERS' HOME, THE HISTORIC IRVINGTON TOWN HALL, GROUNDS CLOCKTOWER PLAYERS WITHIN THE TRADITION OF THE AMERICAN TOWN HALL - A FORUM FOR PUBLIC DISCUSSION, DEBATE, AND CELEBRATION. CLOCKTOWER PLAYERS STRIVES TO REACH INTO THEIR OWN BACKYARD AND EMBRACE NEW AND DIVERSE PERSPECTIVES. THEY BELIEVE THAT THE INCLUSION OF DIVERSE CULTURES IS A POWERFUL AGENT OF SOCIAL BETTERMENT FOR THE COMMUNITY. CLOCKTOWER PLAYERS PROVIDES A SUPPORTIVE CLASSROOM WHERE ARTISTS OF ALL AGES FEEL SAFE TO TAKE RISKS AND EXPLORE THEIR VOICES. CLOCKTOWER MEMBERS ENCOURAGE EVERYONE TO TELL THEIR STORIES AND TRY OUT NEW IDEAS. THEY VALUE STORYTELLING
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IRS990/PrincipalOfficerNm0JOSEPH ZEOLLA
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 28,600
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1OTHER INCOME 2011 AMOUNT: 10,540 2012 AMOUNT: 8,658 2013 AMOUNT: 248 REIMBURSEMENTS 2012 AMOUNT: 2,480 2013 AMOUNT: 2,336
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1SUPPLEMENTAL INFORMATION
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0CAGLE CO
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0OWNER IS E.D.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt092024
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0PMT FOR SVCS RENDERE
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME: CAGLE & CO (B) RELATIONSHIP: OWNER OF COMPANY IS THE ORGANIZATION'S EXECUTIVE DIRECTOR (C) DESCRIPTION: PAYMENT FOR SERVICES RENDERED PROVIDED AS EXECUTIVE DIRECTOR
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CLOCKTOWER PLAYERS, INC. IS DEDICATED TO ENRICHING THE COMMUNITY THROUGH LIVE THEATER BY PROVIDING A DYNAMIC ENVIRONMENT TO FOSTER CREATIVE EXPRESSION, CHAMPION DIVERSITY, AND EMPOWER YOUTH TO ACHIEVE SUCCESS ONSTAGE AND OFF. CLOCKTOWER PLAYERS SEEKS TO BUILD COMMUNITY THROUGH THEATER PERFORMED BY LOCAL TALENT AND ATTENDED BY NEIGHBORS, FAMILY, AND FRIENDS. CLOCKTOWER PLAYERS' HOME, THE HISTORIC IRVINGTON TOWN HALL, GROUNDS CLOCKTOWER PLAYERS WITHIN THE TRADITION OF THE AMERICAN TOWN HALL - A FORUM FOR PUBLIC DISCUSSION, DEBATE, AND CELEBRATION. CLOCKTOWER PLAYERS STRIVES TO REACH INTO THEIR OWN BACKYARD AND EMBRACE NEW AND DIVERSE PERSPECTIVES. THEY BELIEVE THAT THE INCLUSION OF DIVERSE CULTURES IS A POWERFUL AGENT OF SOCIAL BETTERMENT FOR THE COMMUNITY. CLOCKTOWER PLAYERS PROVIDES A SUPPORTIVE CLASSROOM WHERE ARTISTS OF ALL AGES FEEL SAFE TO TAKE RISKS AND EXPLORE THEIR VOICES. CLOCKTOWER MEMBERS ENCOURAGE EVERYONE TO TELL THEIR STORIES AND TRY OUT NEW IDEAS. THEY VALUE STORYTELLING AS THE FOUNDATION OF EFFECTIVE AND MEANINGFUL COMMUNICATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PERFORMANCE WAS 200. THE TEEN TROUPE SERVED 15 STUDENTS WHO ATTENDED 24 CLASSES, AND INCLUDED ONE (1) SHOW WITH A TOTAL OF TWO(2) PERFORMANCES. THE AVERAGE AUDIENCE SIZE WAS 200 PEOPLE. THE ADULT TROUPE SERVED FORTY SIX(46) COMMUNITY ACTORS AND INCLUDED TWO(2) LARGE SCALE MUSICALS FEATURING COMMUNITY RESIDENTS. THE AVERAGE SIZE OF AN AUDIENCE PER PERFORMANCE WAS 200. THE SUMMER PROGRAM SERVED FORTY EIGHT (48) STUDENTS AND INCLUDED TWO (2) PERFORMANCES. THIS THEATER ARTS TRAINING PROGRAM FOR KIDS OF ALL AGES WAS HELD AT MERCY COLLEGE AND INCLUDED TWO(2) THREE-WEEK SESSIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S PRESIDENT AND TREASURER RECEIVE A HARD COPY OF FORM 990 FOR REVIEW AND COMMENT. AN ELECTRONIC VERSION OF THE FORM 990 IS PROVIDED TO THE EXECUTIVE BOARD AND ANY MEMBER OF THE FINANCE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FEES ASSOCIATED WITH SERVICES PERFORMED BY THE EXECUTIVE DIRECTOR WERE DETERMINED BY FEES ESTABLISHED OVER THE PRECEDING FIVE (5) YEARS, INCLUDING A MINIMAL SIGNING BONUS AND A COST OF LIVING INCREASE ONLY ON FEES ASSOCIATED WITH TASKS UNDER THE DUTIES PERFORMED AS EXECUTIVE DIRECTOR. INITIAL FEE RATE WAS DETERMINED BASED ON FEES THAT THE ORGANIZATION WAS PAYING OTHER INDEPENDENT CONTRACTORS, IE: DIRECTORS, CHOREOGRAPHERS, PRODUCERS, ETC., PRIOR TO THE HIRING OF THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NON SALARIED CONTRACTOR 44,259 124,170 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
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