Civic Intelligence

Take Wing and Soar Productions Inc

EIN 14-1885605 • 501(c)3 • New York, NY

Profile

Take Wing And Soar Productions exists to help classical actors of color to realize their full potential. The mission of the theatre production company is to support emerging and professional classical artists of color, by fostering their artistic achievement and personal growth, by providing opportunities for career development, and by developing creative programming that fosters diversity in classical theatre. Inherent in this mission is the intent to develop an awareness of personal value, cultural pride, and social leadership practices, in the belief that this awareness will lead to concern for, participation in and improvement of society.

45 Tiemann Place 3GNew York, NY 10027

www.takewingandsoar.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

94th percentile

1.18x

Higher debt load relative to assets than 94% of similar nonprofits.

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

Liabilities / Revenue

83rd percentile

0.12x

Higher debt load relative to revenue than 83% of similar nonprofits.

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

Net Margin

50th percentile

1.5%

Higher net margin than 50% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

61st percentile

4.0%

Faster asset growth than 61% of similar nonprofits.

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

Revenue Growth

32nd percentile

-19%

Faster revenue growth than 32% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$5,089

Up $195 (+4.0%) from 2014

Liabilities

Down

$6,000

Down $2,057 (-26%) from 2014

Net Assets

Up

-$911

Up $2,252 (+71%) from 2014

Operations
Liabilities / Revenue83rd percentileNet Margin50th percentile

Revenue

Down

$51,486

Down $11,835 (-19%) from 2014

Expenses

Down

$50,734

Down $11,218 (-18%) from 2014

Net Income

Down

$752

Down $617 (-45%) from 2014

Trend Graphs

Balance Sheet Trend

Asset Growth61st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15K$10K$5.0K$0-$5.0KAssets 2012: $3,471Liabilities 2012: $10,2872012Assets 2013: $4,255Liabilities 2013: $8,787Net Assets 2013: -$4,5322013Assets 2014: $4,894Liabilities 2014: $8,057Net Assets 2014: -$3,1632014Assets 2015: $5,089Liabilities 2015: $6,000Net Assets 2015: -$9112015

Highlighted filing

2015

Assets$5,089
Liabilities$6,000
Net Assets-$911
Open 2015 Filing

Operations Trend

Revenue Growth32nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$80K$60K$40K$20K$0Revenue 2012: $61,353Expenses 2012: $59,448Net Income 2012: $1,9052012Revenue 2013: $74,088Expenses 2013: $73,305Net Income 2013: $7832013Revenue 2014: $63,321Expenses 2014: $61,952Net Income 2014: $1,3692014Revenue 2015: $51,486Expenses 2015: $50,734Net Income 2015: $7522015

Highlighted filing

2015

Revenue$51,486
Expenses$50,734
Net Income$752
Open 2015 Filing

Filings

Most recent year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,089
Liabilities
$6,000
Net assets
-$911
Revenue
$51,486
Expenses
$50,734
Net income
$752
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Detailed filing. Detailed filing data is available for this year.$5.09$6.00$0.91$51.5$50.7$0.75
2014Detailed filing. Detailed filing data is available for this year.$4.89$8.06$3.16$63.3$62.0$1.37
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.26$8.79$4.53$74.1$73.3$0.78
2012Summary only. Only limited summary data is available for this year.$3.47$10.3$61.4$59.4$1.91
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Mar 24, 2017
Return Version
2014v6.0
Gross Receipts
$51,486
Mission and Program Overview

Mission

Take Wing And Soar Productions exists to help classical actors of color to realize their full potential. The mission of the theatre production company is to support emerging and professional classical artists of color, by fostering their artistic achievement and personal growth, by providing opportunities for career development, and by developing creative programming that fosters diversity in classical theatre. Inherent in this mission is the intent to develop an awareness of personal value, cultural pride, and social leadership practices, in the belief that this awareness will lead to concern for, participation in and improvement of society.

Program Services

DescriptionGrantsExpenses
1. TWAS Inc. produced its 2nd Annual HARLEM SHAKESPEARE FESTIVAL featuring This season's selections included 2 mainstage productions, 1 staged reading, 2 films; Shakespeare4Kids, Shakespeare on the Road Documentary; featuring related talk backs, lectures, master classes, and family fun for all. These programs gave producing opportunities to two women and was presented across Harlem at 2 venues. 2. TWAS Inc. provided 4 other grassroots theatre companies with Theatrical Support Services, including technical, administrative and creative services. These services enabled the companies to produce their theatrical productions for the stage and other special events. Take Wing And Soar Productions received a substantial amount of inkind services and materials during our most recently completed fiscal year. In fact, the amount of inkind support received equals more that half the amount of our actual cash expense outlay. When we add our.TOTAL CASH EXPENSES ($50,734) to our TOTAL INKIND SUPPORT ($62,075), we get the ORGANIZATIONS TOTAL VALUE for the year. In essence we provided services to the communities we serve in the amount of $112,809.$51,486$50,734
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
David WeaverChairmanPT$0--
Debra Ann ByrdPresidentFT$0--
Franc PerrySecretaryPT$0--
Stephanie BerryTreasurerPT$0--
Lee Ann PinderDirectorPT$0--
Tanya KennedyDirector-$0--
Filing and Contact Details

Filer

Filer Name
Take Wing And Soar Productions Inc
EIN
14-1885605
Phone
6465122467
Address
45 Tiemann Place 3G, New York, NY 10027

Signing Officer

Name
Debra Ann Byrd
Title
President
Phone
2126966575
Signed
2017-03-24
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Form 990-EZ, Part I, Line 16 - Administrative, Production, and Marketing equipment and supplies.”

Form 990-EZ, Part I, Line 20

“Form 990-EZ, Part I, Line 20 - Loan Repayments made in FY 2015”

Form 990-EZ, Part II, Line 24

“Form 990-EZ, Part II, Line 24 - Accounts Receivable and Petty Cash”

Form 990-EZ, Part II, Line 26

“Description;EOY Amount^Production Loan Pecong 2010 NBT;2500|Production Loan A and C 2011 A Nelson;3500^Total;6000^”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990-EZ, Part I, Line 16 - Administrative, Production, and Marketing equipment and supplies.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Form 990-EZ, Part II, Line 24 - Accounts Receivable and Petty Cash
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ReasonableCauseExplanation/ExplanationTxt0The organization is filing its annual tax return for FY2015 late due to the fact that we are short staffed and in the process of retructing our intern, staff and other volunteer positions. The President, who generally prepares the organization's finances became responsible for several other departments as well. In short we are a volunteer-based organization working to improve our staffing in the future.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Debra Ann Byrd
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum02126966575
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-03-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Take Wing And Soar Productions Inc
ReturnHeader/Filer/BusinessNameControlTxt0TAKE
ReturnHeader/Filer/EIN0141885605
ReturnHeader/Filer/PhoneNum06465122467
ReturnHeader/Filer/USAddress/AddressLine1Txt045 Tiemann Place 3G
ReturnHeader/Filer/USAddress/CityNm0New York
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010027
ReturnHeader/ReturnTs02017-03-24T15:22:49-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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