Civic Intelligence

Phantom Regiment Drum & Bugle Corps Inc

990 • Fiscal year 2023 • EIN 23-7198026

Oct 01, 2022 to Sep 30, 2023 • Filed on Feb 13, 2024

5608 International DriveRockford, IL 61109

(815) 226-2835

Siviq Scores

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

Liabilities / Assets

75th percentile

0.31x

Higher debt load relative to assets than 75% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

68th percentile

0.24x

Higher debt load relative to revenue than 68% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

27th percentile

-6.9%

Higher net margin than 27% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

43rd percentile

$27,169

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

21st percentile

-4.6%

Faster asset growth than 21% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

17th percentile

-20%

Faster revenue growth than 17% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$1,922,368

Down $93,409 (-4.6%) from 2022

Net Assets

Down

$1,322,011

Down $146,258 (-10.0%) from 2022

Liabilities

Up

$600,357

Up $52,849 (+9.7%) from 2022

Revenue

Down

$2,522,157

Down $648,418 (-20%) from 2022

Expenses

Up

$2,695,931

Up $36,382 (+1.4%) from 2022

Net Income

Down

-$173,774

Down $684,800 (-134%) from 2022

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $442,987Liabilities 2011: $234,788Net Assets 2011: $208,1992011Assets 2012: $596,688Liabilities 2012: $190,838Net Assets 2012: $405,8502012Assets 2013: $741,505Liabilities 2013: $136,901Net Assets 2013: $604,6042013Assets 2014: $831,540Liabilities 2014: $141,195Net Assets 2014: $690,3452014Assets 2015: $1,053,421Liabilities 2015: $276,586Net Assets 2015: $776,8352015Assets 2016: $1,178,461Liabilities 2016: $376,976Net Assets 2016: $801,4852016Assets 2017: $969,392Liabilities 2017: $153,669Net Assets 2017: $815,7232017Assets 2018: $855,669Liabilities 2018: $244,910Net Assets 2018: $610,7592018Assets 2019: $700,815Liabilities 2019: $252,707Net Assets 2019: $448,1082019Assets 2020: $990,727Liabilities 2020: $479,427Net Assets 2020: $511,3002020Assets 2021: $1,306,729Liabilities 2021: $283,689Net Assets 2021: $1,023,0402021Assets 2022: $2,015,777Liabilities 2022: $547,508Net Assets 2022: $1,468,2692022Assets 2023: $1,922,368Liabilities 2023: $600,357Net Assets 2023: $1,322,0112023Assets 2024: $1,871,604Liabilities 2024: $621,538Net Assets 2024: $1,250,0662024

Highlighted filing

2023

Assets$1,922,368
Liabilities$600,357
Net Assets$1,322,011

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $991,3112011Expenses 2012: $1,023,4942012Expenses 2013: $1,064,9562013Revenue 2014: $1,247,512Expenses 2014: $1,169,635Net Income 2014: $77,8772014Revenue 2015: $1,318,592Expenses 2015: $1,208,033Net Income 2015: $110,5592015Revenue 2016: $1,313,707Expenses 2016: $1,291,098Net Income 2016: $22,6092016Revenue 2017: $1,441,607Expenses 2017: $1,438,256Net Income 2017: $3,3512017Revenue 2018: $1,297,520Expenses 2018: $1,498,541Net Income 2018: -$201,0212018Revenue 2019: $1,396,623Expenses 2019: $1,549,619Net Income 2019: -$152,9962019Revenue 2020: $829,110Expenses 2020: $769,043Net Income 2020: $60,0672020Revenue 2021: $1,379,502Expenses 2021: $887,788Net Income 2021: $491,7142021Revenue 2022: $3,170,575Expenses 2022: $2,659,549Net Income 2022: $511,0262022Revenue 2023: $2,522,157Expenses 2023: $2,695,931Net Income 2023: -$173,7742023Revenue 2024: $2,960,707Expenses 2024: $3,051,411Net Income 2024: -$90,7042024

Highlighted filing

2023

Revenue$2,522,157
Expenses$2,695,931
Net Income-$173,774
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Feb 13, 2024
Return Version
2022v5.0
Gross Receipts
$2,777,573
Mission and Program Overview

Mission

To further education in music, marching, dance or interpretive movement, discipline and sportsmanship.

Phantom regiment's vision is a world full of empowered and passionate leaders. We accomplpish this through our mission: providing life-changing experiences through performing arts education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$451,868$844,533▲ $392,665
Cash and Non-Interest-Bearing Accounts$1,100,170$469,568▼ $630,602
Investments in Publicly Traded Securities$154,249$161,341▲ $7,092
Accounts Receivable$60,327$67,242▲ $6,915
Inventories for Sale or Use$41,689$64,285▲ $22,596
Prepaid Expenses and Deferred Charges$3,001$35,334▲ $32,333
Total Assets$2,015,777$1,922,368▼ $93,409
Other Assets Total$204,473$280,065▲ $75,592
Liabilities
Mortgage Notes Payable Secured by Investment Property$447,295$449,760▲ $2,465
Deferred Revenue$20,350$67,359▲ $47,009
Other Liabilities-$48,376-
Accounts Payable and Accrued Expenses$79,863$34,862▼ $45,001
Total Liabilities$547,508$600,357▲ $52,849
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,259,449$1,090,322▼ $169,127
Net Assets With Donor Restrictions$208,820$231,689▲ $22,869
Total Net Assets Fund Balance$1,468,269$1,322,011▼ $146,258
Total Liabilities and Net Assets / Fund Balance$2,015,777$1,922,368▼ $93,409

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$844,533$319,331$1,163,864
Other Assets Org$48,376--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$204,473-▲ $27,216-$231,689
2021$269,639-▼ $48,562$16,604$204,473
2020$250,133-▲ $35,762$16,256$269,639
2019$246,301-▲ $19,296$15,464$250,133
2018$253,556-▲ $6,443$13,698$246,301
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tim FarrellDirector-$27,169$27,169
Todd SneadFormer CEOFT$12,000$12,000
Amanda HamakerCEOFT$10,769$10,769
Missy JenkinsDirector-$3,855$3,855

Board Members and Trustees

NameTitle
Jeff HassanPresident
Aaron OzminskiDirector
Brandon StansburyDirector
Ed CollinsDirector
Greg NewellDirector
Jennifer DuenkeDirector
Jim DevineDirector
Joe HickeyDirector
Joe TaylorDirector
Mark PattersonDirector
Ryan TysdalDirector
Barb PelanDirector Eme
Jim WrenDirector Eme
Kathy VignaDirector Eme
Ron SchulzDirector Eme
Emily BarclaySecretary
Kelly CouvelaireTreasurer
Robin LanningVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$812,402
Program Service Revenue
$1,426,969
Investment Income
$14,343
Other Revenue
$268,443
All Other Contributions
$767,402
Change in Net Assets
$-173,774

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table15$430,641Fair Market Value
Total Noncash Contributions15$430,641-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,522,157
Revenue Not Reported on Form 990
$27,516
Total Revenue per Audited Statements
$2,549,673
Total Revenue per Form 990
$2,522,157
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,559,977
Total Fundraising Expense$151,915
Salaries, Compensation, and Employee Benefits$135,954
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$721,910$3,672$13,103$738,685
Office Expenses$126,486$16,190$53,794$196,470
All Other Expenses$75,934$47,560$6,884$130,378
Other Expenses$104,113$56,942$14,652$104,113
Depreciation Depletion$79,883--$79,883
Other Salaries and Wages$29,466$25,667$14,697$69,830
Current Officers, Directors, Trustees, and Key Employees$53,793--$53,793
Occupancy$34,088$9,740$4,870$48,698
Insurance$31,952$5,407$114$37,473
Fees for Services Accounting$10,366$15,550$5,184$31,100
Interest-$25,120-$25,120
Advertising$8,673$1,878-$10,551
Payroll Taxes$2,558$6,775-$9,333
Fees for Services Other$1,934$2,900$967$5,801
Other Employee Benefits$1,003$1,995-$2,998
Total Functional Expenses$2,324,620$219,396$151,915$2,695,931

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,695,931
Total Expenses per Audited Statements$2,695,931
Total Expenses per Form 990$2,695,931
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$48,376
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
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

A draft copy of the return is submitted to the finance committee for their review and if appropriate, they recommend to the board of directors that they approve the return for filing. A copy of the return is provided to the entire board of directors for review and is approved prior to filing.

Form 990, Page 6, Part VI, Line 12C

Annually at the first meeting of a new board of directors the conflict of interest policy is reviewed and any known conflicts are discussed at that time.

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

An ad hoc committee of the board of directors completes an annual performance review of the executive director and as part of that process sets the annual compensation and benefits with knowledge of compensation of similar size organizations in our activity and in the geographic area where the organization is headquartered.

Form 990, Page 6, Part VI, Line 19

All documents are available to any interested party during normal business hours at the offices of the organization. Requests other than at the organization's office will also be accepted.

Filing and Contact Details

Filer

Filer Name
Phantom Regiment Inc
EIN
23-7198026
Phone
8152262835
Address
5608 INTERNATIONAL DRIVE, ROCKFORD, IL 61109

Signing Officer

Name
Kelly Couvelaire
Title
Treasurer
Phone
8152262835
Signed
2024-02-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kelly Couvelaire
Formed
1956
Legal Domicile
Il
Voting Board Members
20
Independent Board Members
20
Employees
5
Volunteers
146

Preparer

Firm
Lucas Group Cpas Advisors LLC
Address
1617 TEMPLE LANE, ROCKFORD, IL 61112
Preparer
Mark Olson
Phone
8152359610
Supplemental Narrative

Additional Explanations

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

Established in 1956 as a part of the rockford vfw post 342, phantom regiment, inc. Is a youth organization dedicated to the development of self-esteem and self-reliance. It encourages teamwork, sportsmanship, civic pride and contributions of one's personal best to a group effort. These lessons are learned through a musical and marching activity in which there is a blending of the arts and athletics. Phantom regiment prides itself on providing a life-changing experience for the youth that participate in any of our programs. We want to offer a conduit through which they succeed not only within the music education world, which is one of our primary focuses, but also providing lessons they can apply to other areas of their life. We provide youth activities that enhance the personal growth and development of its participants through excellence in education, entertainment and the performing arts. It's activities make a lasting impact on our students, many of whom continue their education and become music educators throughout the country while others become professional musicians and dancers. We find that many of our activities have a life-long impact on the students due to the skills and friendships they develop while participating in our programs. Our programs include: phantom regiment drum and bugle corps - this is a performing group of 165 students that range in age from 16 to 21. We have between 600 and 750 students audition to be part of the corps that requires that they attend practices one weekend a month from december through april and move to rockford in may to learn that year's program for three weeks before embarking on a two month tour of the united states to participate in competitions and practice. The competitive season ends in mid-august in indianapolis where the drum corps international world championships are held. The drum corps has the 2nd longest active streak of appearing in dci's top 12 and has won the championship in 1996 and 2008. Public school outreach - the organization provides assistance in the form of lending instruments and introducing students to music. Budget cuts in many of our local school districts have resulted in the reduction or elimination of music programs. Phantom regiment has also provided clinicians and conductors for the city of rockford's all-star and honor band concerts. We feel that music education is essential to a well-rounded student and many studies have documented the positive relationship between being involved in music and math and science scores. High & middle school concert band festival - produced in conjunction with the northern illinois university music department, this festival allows schools the opportunity to perform in the beautiful boutell memorial concert hall, on the campus of northern illinois university. The festival is a noncompetitive, educational event in a welcoming environment where students perform on stage and receive feedback and state of the art audio and video recordings of their concert, as well as take part in a clinic with one of the festival's clinicians following their performance. These programs were slightly limited due to the covid-19 pandemic during the summer of 2021, but our mission was still fulfilled.

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

Educational camps - phantom regiment has been producing summer educational camps since 2003. We hold camps for drum major, brass, percussion and color guard. These 3 or 4-day camps are held throughout the united states and are attended by high school students that want to improve their skills. The educational camp staff is made up of some of the best high school and college band directors from around the country, most of whom are current or former members of the phantom regiment instructional staff. Our educational camp students get an intense, hands-on experience that generally includes interactive session with the drum corps. Surveys of the camp students have shown that the education and experience they've gained at one of our camps have helped them become better performers and leaders back at their high school programs.

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

Phantom regiment academy offers both in-person and virtual training opportunities with some of the best marching arts educators in the world.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The income from the funds in the perpetual trust will be used to further the organization's mission.

Schedule D, Page 3, Part X

The organization follows the authoritative guidance issued by the financial accounting standards board clarifying the accounting for uncertainty in income taxes recognized in an entity's financial statements and prescribing a recognition threshold of "more-likely-than-not" to be sustained upon examination. Measurement of the tax uncertainty occurs if the recognition threshold has not been met. This guidance also addresses de-recognition, classification, interest and penalties, disclosures and transition. The organization does not believe the financial statements include (or reflect) any uncertain tax positions.

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IRS990/Desc0ESTABLISHED IN 1956 AS A PART OF THE ROCKFORD VFW POST 342, PHANTOM REGIMENT, INC. IS A YOUTH ORGANIZATION DEDICATED TO THE DEVELOPMENT OF SELF-ESTEEM AND SELF-RELIANCE. IT ENCOURAGES TEAMWORK, SPORTSMANSHIP, CIVIC PRIDE AND CONTRIBUTIONS OF ONE'S PERSONAL BEST TO A GROUP EFFORT. THESE LESSONS ARE LEARNED THROUGH A MUSICAL AND MARCHING ACTIVITY IN WHICH THERE IS A BLENDING OF THE ARTS AND ATHLETICS. PHANTOM REGIMENT PRIDES ITSELF ON PROVIDING A LIFE-CHANGING EXPERIENCE FOR THE YOUTH THAT PARTICIPATE IN ANY OF OUR PROGRAMS. WE WANT TO OFFER A CONDUIT THROUGH WHICH THEY SUCCEED NOT ONLY WITHIN THE MUSIC EDUCATION WORLD, WHICH IS ONE OF OUR PRIMARY FOCUSES, BUT ALSO PROVIDING LESSONS THEY CAN APPLY TO OTHER AREAS OF THEIR LIFE. WE PROVIDE YOUTH ACTIVITIES THAT ENHANCE THE PERSONAL GROWTH AND DEVELOPMENT OF ITS PARTICIPANTS THROUGH EXCELLENCE IN EDUCATION, ENTERTAINMENT AND THE PERFORMING ARTS. IT'S ACTIVITIES MAKE A LASTING IMPACT ON OUR STUDENTS, MANY OF WHOM CONTINUE THEIR EDUCATION AND BECOME MUSIC EDUCATORS THROUGHOUT THE COUNTRY WHILE OTHERS BECOME PROFESSIONAL MUSICIANS AND DANCERS. WE FIND THAT MANY OF OUR ACTIVITIES HAVE A LIFE-LONG IMPACT ON THE STUDENTS DUE TO THE SKILLS AND FRIENDSHIPS THEY DEVELOP WHILE PARTICIPATING IN OUR PROGRAMS. OUR PROGRAMS INCLUDE: PHANTOM REGIMENT DRUM AND BUGLE CORPS - THIS IS A PERFORMING GROUP OF 165 STUDENTS THAT RANGE IN AGE FROM 16 TO 21. WE HAVE BETWEEN 600 AND 750 STUDENTS AUDITION TO BE PART OF THE CORPS THAT REQUIRES THAT THEY ATTEND PRACTICES ONE WEEKEND A MONTH FROM DECEMBER THROUGH APRIL AND MOVE TO ROCKFORD IN MAY TO LEARN THAT YEAR'S PROGRAM FOR THREE WEEKS BEFORE EMBARKING ON A TWO MONTH TOUR OF THE UNITED STATES TO PARTICIPATE IN COMPETITIONS AND PRACTICE. THE COMPETITIVE SEASON ENDS IN MID-AUGUST IN INDIANAPOLIS WHERE THE DRUM CORPS INTERNATIONAL WORLD CHAMPIONSHIPS ARE HELD. THE DRUM CORPS HAS THE 2ND LONGEST ACTIVE STREAK OF APPEARING IN DCI'S TOP 12 AND HAS WON THE CHAMPIONSHIP IN 1996 AND 2008. PUBLIC SCHOOL OUTREACH - THE ORGANIZATION PROVIDES ASSISTANCE IN THE FORM OF LENDING INSTRUMENTS AND INTRODUCING STUDENTS TO MUSIC. BUDGET CUTS IN MANY OF OUR LOCAL SCHOOL DISTRICTS HAVE RESULTED IN THE REDUCTION OR ELIMINATION OF MUSIC PROGRAMS. PHANTOM REGIMENT HAS ALSO PROVIDED CLINICIANS AND CONDUCTORS FOR THE CITY OF ROCKFORD'S ALL-STAR AND HONOR BAND CONCERTS. WE FEEL THAT MUSIC EDUCATION IS ESSENTIAL TO A WELL-ROUNDED STUDENT AND MANY STUDIES HAVE DOCUMENTED THE POSITIVE RELATIONSHIP BETWEEN BEING INVOLVED IN MUSIC AND MATH AND SCIENCE SCORES. HIGH & MIDDLE SCHOOL CONCERT BAND FESTIVAL - PRODUCED IN CONJUNCTION WITH THE NORTHERN ILLINOIS UNIVERSITY MUSIC DEPARTMENT, THIS FESTIVAL ALLOWS SCHOOLS THE OPPORTUNITY TO PERFORM IN THE BEAUTIFUL BOUTELL MEMORIAL CONCERT HALL, ON THE CAMPUS OF NORTHERN ILLINOIS UNIVERSITY. THE FESTIVAL IS A NONCOMPETITIVE, EDUCATIONAL EVENT IN A WELCOMING ENVIRONMENT WHERE STUDENTS PERFORM ON STAGE AND RECEIVE FEEDBACK AND STATE OF THE ART AUDIO AND VIDEO RECORDINGS OF THEIR CONCERT, AS WELL AS TAKE PART IN A CLINIC WITH ONE OF THE FESTIVAL'S CLINICIANS FOLLOWING THEIR PERFORMANCE. THESE PROGRAMS WERE SLIGHTLY LIMITED DUE TO THE COVID-19 PANDEMIC DURING THE SUMMER OF 2021, BUT OUR MISSION WAS STILL FULFILLED.
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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
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IRS990/MissionDesc0PHANTOM REGIMENT'S VISION IS A WORLD FULL OF EMPOWERED AND PASSIONATE LEADERS. WE ACCOMPLPISH THIS THROUGH OUR MISSION: PROVIDING LIFE-CHANGING EXPERIENCES THROUGH PERFORMING ARTS EDUCATION.
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IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATIONAL CAMPS - PHANTOM REGIMENT HAS BEEN PRODUCING SUMMER EDUCATIONAL CAMPS SINCE 2003. WE HOLD CAMPS FOR DRUM MAJOR, BRASS, PERCUSSION AND COLOR GUARD. THESE 3 OR 4-DAY CAMPS ARE HELD THROUGHOUT THE UNITED STATES AND ARE ATTENDED BY HIGH SCHOOL STUDENTS THAT WANT TO IMPROVE THEIR SKILLS. THE EDUCATIONAL CAMP STAFF IS MADE UP OF SOME OF THE BEST HIGH SCHOOL AND COLLEGE BAND DIRECTORS FROM AROUND THE COUNTRY, MOST OF WHOM ARE CURRENT OR FORMER MEMBERS OF THE PHANTOM REGIMENT INSTRUCTIONAL STAFF. OUR EDUCATIONAL CAMP STUDENTS GET AN INTENSE, HANDS-ON EXPERIENCE THAT GENERALLY INCLUDES INTERACTIVE SESSION WITH THE DRUM CORPS. SURVEYS OF THE CAMP STUDENTS HAVE SHOWN THAT THE EDUCATION AND EXPERIENCE THEY'VE GAINED AT ONE OF OUR CAMPS HAVE HELPED THEM BECOME BETTER PERFORMERS AND LEADERS BACK AT THEIR HIGH SCHOOL PROGRAMS.
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt062361
IRS990/ProgSrvcAccomActy3Grp/Desc0THE ROCKFORD RHYTHM WAS FORMED IN THE SUMMER OF 2016 IN COOPERATION WITH THE ROCKFORD SYMPHONY ORCHESTRA AND THE ROCKFORD PUBLIC SCHOOLS. THE PROGRAM IS A COMMUNITY DRUMLINE THAT STRIVES TO EXTEND OUR EXPERIENCE IN THE ARTS EDUCATION TO ALL YOUTH AND ESPECIALLY THE UNDERSERVED YOUTH COMMUNITY IN THE CITY OF ROCKFORD. THE GROUP IS MADE UP OF MEMBERS (IN NUMBERS RANGING FROM 12-20) AND 4 VOLUNTEERS. PARTICIPANTS RANGE IN AGE FROM SIX GRADE TO TWELFTH GRADE. THE GROUP PERFORMS AT LOCAL COMMUNITY EVENTS AND PARADES.
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0850
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PHANTOM REGIMENT ACADEMY OFFERS BOTH IN-PERSON AND VIRTUAL TRAINING OPPORTUNITIES WITH SOME OF THE BEST MARCHING ARTS EDUCATORS IN THE WORLD.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.87$0.62$1.25$2.96$3.05$0.09
2023Detailed filing. Detailed filing data is available for this year.$1.92$0.60$1.32$2.52$2.70$0.17
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.02$0.55$1.47$3.17$2.66$0.51
2021Detailed filing. Detailed filing data is available for this year.$1.31$0.28$1.02$1.38$0.89$0.49
2020Detailed filing. Detailed filing data is available for this year.$0.99$0.48$0.51$0.83$0.77$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.70$0.25$0.45$1.40$1.55$0.15
2018Detailed filing. Detailed filing data is available for this year.$0.86$0.24$0.61$1.30$1.50$0.20
2017Detailed filing. Detailed filing data is available for this year.$0.97$0.15$0.82$1.44$1.44$0.00
2016Detailed filing. Detailed filing data is available for this year.$1.18$0.38$0.80$1.31$1.29$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.05$0.28$0.78$1.32$1.21$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.83$0.14$0.69$1.25$1.17$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.14$0.60$1.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.19$0.41$1.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.23$0.21$0.99