Civic Intelligence

Clocktower Players Inc

990 • Fiscal year 2020 • EIN 13-2967644

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 08, 2021

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

81st percentile

0.22x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

65th percentile

0.02x

Higher debt load relative to revenue than 65% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

39th percentile

-0.3%

Higher net margin than 39% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

6th percentile

-64%

Faster asset growth than 6% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

33rd percentile

-34%

Faster revenue growth than 33% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$23,710

Down $42,612 (-64%) from 2019

Net Assets

Down

$18,398

Down $967 (-5.0%) from 2019

Liabilities

Down

$5,312

Down $41,645 (-89%) from 2019

Revenue

Down

$280,075

Down $141,893 (-34%) from 2019

Expenses

Down

$281,042

Down $92,144 (-25%) from 2019

Net Income

Down

-$967

Down $49,749 (-102%) from 2019

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

2020

Assets$23,710
Liabilities$5,312
Net Assets$18,398

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

2020

Revenue$280,075
Expenses$281,042
Net Income-$967
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 8, 2021
Return Version
2019v5.0
Gross Receipts
$281,863
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

Clocktower players, inc.'s mission is to empower youth and enrich community through theater. Clocktower players enriches the community through live theater by providing a dynamic environment to foster creative expression, champion diversity and empower youth to achieve success both onstage and off. Clocktower seeks to build community through theater performed by local talent and attended by neighbors, family and friends. Clocktower strives to reach into their own backyard and embrace new and diverse perspectives, the inclusion of which 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 and are encouraged to do so.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$49,548$23,710▼ $25,838
Pledges and Grants Receivable$8,950--
Accounts Receivable$7,824--
Total Assets$66,322$23,710▼ $42,612
Liabilities
Accounts Payable and Accrued Expenses$46,957$5,312▼ $41,645
Total Liabilities$46,957$5,312▼ $41,645
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$19,365$18,398▼ $967
Total Net Assets Fund Balance$19,365$18,398▼ $967
Total Liabilities and Net Assets / Fund Balance$66,322$23,710▼ $42,612
Compensation and Service Providers

Board Members and Trustees

NameTitle
Richard HoddesonPresident
Marylou MontagnaBoard Member
Shane BlandBoard Member
Sharon StringerBoard Member
Susan AibinderBoard Member
Susan ChesterBoard Member
John Paul McmanusTreasurer
Eileen CharlesVP
Revenue and Support

Revenue Composition

Contributions and Grants
$9,729
Program Service Revenue
$269,614
Investment Income
$0
Other Revenue
$732
All Other Contributions
$9,729
Change in Net Assets
$-967
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$204,945
Salaries, Compensation, and Employee Benefits$76,097
Total Fundraising Expense$10,917
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$74,325$19,441-$93,766
Current Officers, Directors, Trustees, and Key Employees$38,049$30,438$7,610$76,097
Occupancy$23,058--$23,058
Advertising$16,267-$1,808$18,075
Insurance$10,480--$10,480
Office Expenses$769$6,501$808$8,078
Royalties$6,107--$6,107
Fees for Services Accounting-$3,000-$3,000
Other Expenses$1,436$5,229$581$1,436
Information Technology$329$658$110$1,097
All Other Expenses$1,033--$1,033
Total Functional Expenses$204,858$65,267$10,917$281,042
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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 Cr.di.Pmt for Svcs RendereNo$76,097
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
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 12C

Upon joining the board, board members submit forms disclosing conflicts of interest or the lack thereof. Notification of any change in that status is required.

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

Fees associated with services performed by the artistic/creative director (a key employee, not a board member or officer of the corporation) were determined by fees established over the preceding five (5) years. 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 creative director and have been renegotiated accordingly and appropriately.

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
Richard Hoddeson
Title
President
Phone
9143818900
Signed
2021-02-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Hoddeson
Formed
1978
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Steven M Flax CPA
Address
58 CEDAR POINT DR, WEST ISLIP, NY 11795
Preparer
Steven M Flax CPA
Phone
6315871791
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Clocktower players, inc.'s mission is to empower youth and enrich community through theater. Clocktower players enriches the community through live theater by providing a dynamic environment to foster creative expression, champion diversity and empower youth to achieve success both onstage and off. Clocktower seeks to build community through theater performed by local talent and attended by neighbors, family and friends. Clocktower strives to reach into their own backyard and embrace new and diverse perspectives, the inclusion of which 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 and are encouraged to do so.

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

. The pre-troupe served eight (8) students who attended twelve(12) classes during the fall. (spring session cancelled due to covid-19) . The jr. And teen troupe served thirty five (35)students, who attended twenty (20) classes and included preparation for one show. All scheduled performances (2) were cancelled due to covid-19 pandemic. . The fall kids troupe served eighty six (86) students, who attended twenty (20) classes and included one (1) show with a total of two(2) performances. The average size of an audience per performance was 400. . The spring kids troupe served ninety (90) students, who attended twenty (20) classes and included preparation for one show. All four (4) scheduled peformances were cancelled due to covid-19 pandemic. . The jr. Teen troupe served thirty two (32)students, who attended twenty four (24) classes and included one show with a total of two (2) performances. The average size of an audience per performance was 250. . The teen troupe served twenty eight (28)students who attended twenty four (24)classes, and included one (1) show with a total of two(2) performances. The average audience size was 250 people. . Adult troupe/community theater cancelled due to covid-19 pandemic. . Cancellations due to covid-19 included summer stage, community theater, spring musical and annual fundraising gala.

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

(see 1st exempt purpose accomplishment)

Form 990, Part IX, Line 11G

Non salaried contractor 74,325 19,441 0

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IRS990/MissionDesc0CLOCKTOWER PLAYERS, INC.'S MISSION IS TO EMPOWER YOUTH AND ENRICH COMMUNITY THROUGH THEATER. CLOCKTOWER PLAYERS ENRICHES THE COMMUNITY THROUGH LIVE THEATER BY PROVIDING A DYNAMIC ENVIRONMENT TO FOSTER CREATIVE EXPRESSION, CHAMPION DIVERSITY AND EMPOWER YOUTH TO ACHIEVE SUCCESS BOTH ONSTAGE AND OFF. CLOCKTOWER SEEKS TO BUILD COMMUNITY THROUGH THEATER PERFORMED BY LOCAL TALENT AND ATTENDED BY NEIGHBORS, FAMILY AND FRIENDS. CLOCKTOWER STRIVES TO REACH INTO THEIR OWN BACKYARD AND EMBRACE NEW AND DIVERSE PERSPECTIVES, THE INCLUSION OF WHICH 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 AND ARE ENCOURAGED TO DO SO.
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0CAGLE CO
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0OWNER IS CR.DI.
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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 CREATIVE DIRECTOR (C) DESCRIPTION: PAYMENT FOR SERVICES RENDERED PROVIDED AS CREATIVE DIRECTOR AS WELL AS FUNDRAISING AND MANAGEMENT SERVICES.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CLOCKTOWER PLAYERS, INC.'S MISSION IS TO EMPOWER YOUTH AND ENRICH COMMUNITY THROUGH THEATER. CLOCKTOWER PLAYERS ENRICHES THE COMMUNITY THROUGH LIVE THEATER BY PROVIDING A DYNAMIC ENVIRONMENT TO FOSTER CREATIVE EXPRESSION, CHAMPION DIVERSITY AND EMPOWER YOUTH TO ACHIEVE SUCCESS BOTH ONSTAGE AND OFF. CLOCKTOWER SEEKS TO BUILD COMMUNITY THROUGH THEATER PERFORMED BY LOCAL TALENT AND ATTENDED BY NEIGHBORS, FAMILY AND FRIENDS. CLOCKTOWER STRIVES TO REACH INTO THEIR OWN BACKYARD AND EMBRACE NEW AND DIVERSE PERSPECTIVES, THE INCLUSION OF WHICH 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 AND ARE ENCOURAGED TO DO SO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1. THE PRE-TROUPE SERVED EIGHT (8) STUDENTS WHO ATTENDED TWELVE(12) CLASSES DURING THE FALL. (SPRING SESSION CANCELLED DUE TO COVID-19) . THE JR. AND TEEN TROUPE SERVED THIRTY FIVE (35)STUDENTS, WHO ATTENDED TWENTY (20) CLASSES AND INCLUDED PREPARATION FOR ONE SHOW. ALL SCHEDULED PERFORMANCES (2) WERE CANCELLED DUE TO COVID-19 PANDEMIC. . THE FALL KIDS TROUPE SERVED EIGHTY SIX (86) STUDENTS, WHO ATTENDED TWENTY (20) CLASSES AND INCLUDED ONE (1) SHOW WITH A TOTAL OF TWO(2) PERFORMANCES. THE AVERAGE SIZE OF AN AUDIENCE PER PERFORMANCE WAS 400. . THE SPRING KIDS TROUPE SERVED NINETY (90) STUDENTS, WHO ATTENDED TWENTY (20) CLASSES AND INCLUDED PREPARATION FOR ONE SHOW. ALL FOUR (4) SCHEDULED PEFORMANCES WERE CANCELLED DUE TO COVID-19 PANDEMIC. . THE JR. TEEN TROUPE SERVED THIRTY TWO (32)STUDENTS, WHO ATTENDED TWENTY FOUR (24) CLASSES AND INCLUDED ONE SHOW WITH A TOTAL OF TWO (2) PERFORMANCES. THE AVERAGE SIZE OF AN AUDIENCE PER PERFORMANCE WAS 250. . THE TEEN TROUPE SERVED TWENTY EIGHT (28)STUDENTS WHO ATTENDED TWENTY FOUR (24)CLASSES, AND INCLUDED ONE (1) SHOW WITH A TOTAL OF TWO(2) PERFORMANCES. THE AVERAGE AUDIENCE SIZE WAS 250 PEOPLE. . ADULT TROUPE/COMMUNITY THEATER CANCELLED DUE TO COVID-19 PANDEMIC. . CANCELLATIONS DUE TO COVID-19 INCLUDED SUMMER STAGE, COMMUNITY THEATER, SPRING MUSICAL AND ANNUAL FUNDRAISING GALA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2(SEE 1ST EXEMPT PURPOSE ACCOMPLISHMENT)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 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/ExplanationTxt4UPON JOINING THE BOARD, BOARD MEMBERS SUBMIT FORMS DISCLOSING CONFLICTS OF INTEREST OR THE LACK THEREOF. NOTIFICATION OF ANY CHANGE IN THAT STATUS IS REQUIRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FEES ASSOCIATED WITH SERVICES PERFORMED BY THE ARTISTIC/CREATIVE DIRECTOR (A KEY EMPLOYEE, NOT A BOARD MEMBER OR OFFICER OF THE CORPORATION) WERE DETERMINED BY FEES ESTABLISHED OVER THE PRECEDING FIVE (5) YEARS. 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 CREATIVE DIRECTOR AND HAVE BEEN RENEGOTIATED ACCORDINGLY AND APPROPRIATELY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7NON SALARIED CONTRACTOR 74,325 19,441 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4D
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WEST ISLIP
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ReturnHeader/PreparerPersonGrp/PreparationDt02021-03-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN M FLAX CPA
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ReturnHeader/ReturnTs02021-03-12T09:01:30-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

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