Civic Intelligence

Peachtree Arts Academy Inc

EIN 20-5349782 • 501(c)3 • Peachtree Cty, GA

Profile

Christian-based arts organization dedicated to teaching and promoting the arts in Atlanta's southern crescent

101 Carriage LnPeachtree Cty, GA 30269-1323
Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2023

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $11,801 (-100%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$0

Down $11,801 (-100%) from 2022

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2022

Expenses

Up

$11,801

Up $8,494 (+257%) from 2022

Net Income

Down

-$11,801

Down $8,494 (-257%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

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

$30K$20K$10K$0Assets 2011: $4,630Liabilities 2011: $4752011Assets 2012: $5,343Liabilities 2012: $3532012Assets 2013: $8,431Liabilities 2013: $02013Assets 2014: $11,995Liabilities 2014: $2502014Assets 2015: $13,918Liabilities 2015: $02015Assets 2016: $16,291Liabilities 2016: $02016Assets 2017: $21,032Liabilities 2017: $02017Assets 2018: $18,874Liabilities 2018: $18,8742018Assets 2019: $18,603Liabilities 2019: $02019Assets 2020: $16,093Liabilities 2020: $02020Assets 2021: $15,108Net Assets 2021: $15,1082021Assets 2022: $11,801Net Assets 2022: $11,8012022Assets 2023: $0Net Assets 2023: $02023

Highlighted filing

2023

Assets$0
Liabilities-
Net Assets$0
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$20K$10K$0-$10K-$20KRevenue 2011: $6,556Expenses 2011: $5,532Net Income 2011: $1,0242011Revenue 2012: $5,429Expenses 2012: $4,594Net Income 2012: $8352012Revenue 2013: $5,471Expenses 2013: $2,030Net Income 2013: $3,4412013Revenue 2014: $6,175Expenses 2014: $2,861Net Income 2014: $3,3142014Revenue 2015: $6,425Expenses 2015: $4,252Net Income 2015: $2,1732015Revenue 2016: $7,175Expenses 2016: $4,502Net Income 2016: $2,6732016Revenue 2017: $6,790Expenses 2017: $2,099Net Income 2017: $4,6912017Revenue 2018: $6,625Expenses 2018: $7,283Net Income 2018: -$6582018Revenue 2019: $6,950Expenses 2019: $7,246Net Income 2019: -$2962019Revenue 2020: $225Expenses 2020: $2,935Net Income 2020: -$2,7102020Expenses 2021: $9852021Revenue 2022: $0Expenses 2022: $3,307Net Income 2022: -$3,3072022Revenue 2023: $0Expenses 2023: $11,801Net Income 2023: -$11,8012023

Highlighted filing

2023

Revenue$0
Expenses$11,801
Net Income-$11,801
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
-
Net assets
$0
Revenue
$0
Expenses
$11,801
Net income
-$11,801
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$11.8$11.8
2022Detailed filing. Detailed filing data is available for this year.$11.8$11.8$0.00$3.31$3.31
2021Detailed filing. Detailed filing data is available for this year.$15.1$15.1$0.99
2020Summary only. Only limited summary data is available for this year.$16.1$0.00$0.23$2.94$2.71
2019Summary only. Only limited summary data is available for this year.$18.6$0.00$6.95$7.25$0.30
2018Summary only. Only limited summary data is available for this year.$18.9$18.9$6.63$7.28$0.66
2017Summary only. Only limited summary data is available for this year.$21.0$0.00$6.79$2.10$4.69
2016Summary only. Only limited summary data is available for this year.$16.3$0.00$7.18$4.50$2.67
2015Summary only. Only limited summary data is available for this year.$13.9$0.00$6.43$4.25$2.17
2014Summary only. Only limited summary data is available for this year.$12.0$0.25$6.18$2.86$3.31
2013Summary only. Only limited summary data is available for this year.$8.43$0.00$5.47$2.03$3.44
2012Summary only. Only limited summary data is available for this year.$5.34$0.35$5.43$4.59$0.84
2011Summary only. Only limited summary data is available for this year.$4.63$0.48$6.56$5.53$1.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 6, 2024
Return Version
2023v5.0
Gross Receipts
$0
Mission and Program Overview

Mission

Christian-basedartsorganizationdedicatedtoteachingandpromotingtheartsinAtlanta'ssoutherncrescent

Christian-based arts organization dedicated to teaching and promoting the arts in Atlanta's southern crescent

Program Services

DescriptionGrantsExpenses
Trinity Christian School$0$3,345
St. Paul Lutheran School$0$3,345
KONOS Connection$0$3,345
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sharon L SalzmannPresident Board Chair-$0--
Valli FarmerSecretary Board Member-$0--
Annette SheehanTreasurer Board Member-$0--
Tristan FarmerBoard Member-$0--
Ben MasonBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Peachtree Arts Academy Inc
EIN
20-5349782
In Care Of
% Sharon L Salzmann
Address
101 CARRIAGE LN, PEACHTREE CTY, GA 30269-1323

Signing Officer

Name
Sharon L Salzmann
Title
President
Signed
2024-05-06
Discuss with paid preparer
No

Preparer

Firm
Sheehan Financial Services LLC
Address
82 Thomas Crossing Drive, Newnan, GA 30265
Preparer
Annette Sheehan
Phone
6783327743
Supplemental Narrative

Additional Explanations

Part I, line 10

“| Grants And Similar Amounts Paid:, Amount:| Three donations were given to local non-profit schools for their music programs as part of the corporate dissolution. Trinity School $3,345 St. Paul Lutheran School $3,345 and KONOS Connection $3,345., $10035|”

Part I, line 16

“| Other Expenses:, Amount:| These expenses are for insurance licenses and office supplies, $1140|”

Raw XML Appendix174 raw XML fields

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

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum07704870981
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0101 CARRIAGE LN
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PEACHTREE CTY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0302691323
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt011801
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt00
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-11801
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0594
IRS990EZ/FinalReturnInd0X
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt011801
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt010035
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt011801
IRS990EZ/NetAssetsOrFundBalancesEOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt011801
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Sharon L Salzmann
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Valli Farmer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Annette Sheehan
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Tristan Farmer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Ben Mason
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President Board Chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0true
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt01140
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Christian-based arts organization dedicated to teaching and promoting the arts in Atlanta's southern crescent
IRS990EZ/PrintingPublicationsPostageAmt032
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Trinity Christian School
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1St. Paul Lutheran School
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2KONOS Connection
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt03345
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt13345
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt23345
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0true
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0GA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt011801
IRS990EZ/TotalProgramServiceExpensesAmt010035
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0| PartandLinenumber:,Explanation:| Part1Line3,Publication in Citizen Tribune|
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I
IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/AttorneyGeneralNotifiedInd0true
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessor2Ind0false
IRS990ScheduleN/DirectorOfSuccessorInd0false
IRS990ScheduleN/EmployeeOfSuccessor2Ind0false
IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0true
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0laptop and file cabinet
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02023-12-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0611562683
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt00
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt00
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0FMV
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm0Annette Sheehan
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt082 Thomas Crossing Drive
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0Newnan
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0GA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd030265
IRS990ScheduleN/OwnerOfSuccessor2Ind0false
IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensation2Ind0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Grants And Similar Amounts Paid:, Amount:| Three donations were given to local non-profit schools for their music programs as part of the corporate dissolution. Trinity School $3,345 St. Paul Lutheran School $3,345 and KONOS Connection $3,345., $10035|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Other Expenses:, Amount:| These expenses are for insurance licenses and office supplies, $1140|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Sharon L Salzmann
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PEACHTREE ARTS ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0PEAC
ReturnHeader/Filer/EIN0205349782
ReturnHeader/Filer/ForeignPhoneNum07704870981
ReturnHeader/Filer/InCareOfNm0% Sharon L Salzmann
ReturnHeader/Filer/USAddress/AddressLine1Txt0101 CARRIAGE LN
ReturnHeader/Filer/USAddress/CityNm0PEACHTREE CTY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd0302691323
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0611562683
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Sheehan Financial Services LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt082 Thomas Crossing Drive
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Newnan
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030265
ReturnHeader/PreparerPersonGrp/PhoneNum06783327743
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Annette Sheehan
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-05-06T07:50:28-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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