Civic Intelligence

Valor Summer Conservatory Inc

EIN 26-0197921 • 501(c)3 • Greenville, SC

Profile

To promote the musical and spiritual development of christian musicians.

211 Bradley AveGreenville, SC 29609

www.valorconservatory.org

Siviq Scores

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

Liabilities / Assets

94th percentile

1.17x

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

501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

89th percentile

0.32x

Higher debt load relative to revenue than 89% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

84th percentile

36%

Higher net margin than 84% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

85th percentile

$1,750

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 22.3% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

73rd percentile

15%

Faster asset growth than 73% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

20th percentile

-40%

Faster revenue growth than 20% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$2,168

Up $289 (+15%) from 2013

Liabilities

Down

$2,528

Down $2,500 (-50%) from 2013

Net Assets

Up

-$360

Up $2,789 (+89%) from 2013

Operations
Liabilities / Revenue89th percentileNet Margin84th percentile

Revenue

Down

$7,838

Down $5,228 (-40%) from 2013

Expenses

Down

$5,049

Down $12,547 (-71%) from 2013

Net Income

Up

$2,789

Up $7,319 (+162%) from 2013

Trend Graphs

Balance Sheet Trend

Asset Growth73rd percentile

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

$10K$5.0K$0-$5.0KAssets 2010: $7,040Liabilities 2010: $4,556Net Assets 2010: $2,4842010Assets 2011: $396Liabilities 2011: $4,667Net Assets 2011: -$4,2712011Assets 2012: $5,148Liabilities 2012: $3,767Net Assets 2012: $1,3812012Assets 2013: $1,879Liabilities 2013: $5,028Net Assets 2013: -$3,1492013Assets 2014: $2,168Liabilities 2014: $2,528Net Assets 2014: -$3602014

Highlighted filing

2014

Assets$2,168
Liabilities$2,528
Net Assets-$360
Open 2014 Filing

Operations Trend

Revenue Growth20th percentile

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

$80K$60K$40K$20K$0-$20KRevenue 2010: $69,382Expenses 2010: $61,186Net Income 2010: $8,1962010Revenue 2011: $55,590Expenses 2011: $62,345Net Income 2011: -$6,7552011Revenue 2012: $7,543Expenses 2012: $1,891Net Income 2012: $5,6522012Revenue 2013: $13,066Expenses 2013: $17,596Net Income 2013: -$4,5302013Revenue 2014: $7,838Expenses 2014: $5,049Net Income 2014: $2,7892014

Highlighted filing

2014

Revenue$7,838
Expenses$5,049
Net Income$2,789
Open 2014 Filing

Filings

Most recent year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,168
Liabilities
$2,528
Net assets
-$360
Revenue
$7,838
Expenses
$5,049
Net income
$2,789
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2014Detailed filing. Detailed filing data is available for this year.$2.17$2.53$0.36$7.84$5.05$2.79
2013Detailed filing. Detailed filing data is available for this year.$1.88$5.03$3.15$13.1$17.6$4.53
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.15$3.77$1.38$7.54$1.89$5.65
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$4.67$4.27$55.6$62.3$6.76
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.04$4.56$2.48$69.4$61.2$8.20
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 7, 2015
Return Version
2014v5.0
Gross Receipts
$7,838
Mission and Program Overview

Mission

To promote the musical and spiritual development of christian musicians.

Program Services

DescriptionGrantsExpenses
THE CONSERVATORY WAS INACTIVE FOR THE SUMMER OF 2012.$0$0
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
C STANLEY EBYPresidentPT$1,750-$1,750
DAVID SMITHTreasurer-$0--
DANIEL HICKSDirector-$0--
TIM FISHERExec Director-$0--
Filing and Contact Details

Filer

Filer Name
Valor Summer Conservatory Inc
EIN
26-0197921
Phone
8644237101
Address
211 BRADLEY AVE, GREENVILLE, SC 29609

Signing Officer

Name
David Smith
Title
Treasurer
Phone
8642321040
Signed
2015-11-07
Discuss with paid preparer
Yes

Preparer

Firm
Martin Smith & Company Cpas Pa
Address
1212 HAYWOOD ROAD BLDG 100, GREENVILLE, SC 29615-2200
Preparer
David a Smith
Phone
8642321040
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

“Description: misc receipts. Amount: 63.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: bank fees. Amount: 315. Description: web design and maintenance. Amount: 209. Description: promotions. Amount: 506. Description: misc prior year adjustment. Amount: 1,714. Total to form 990-ez, line 16: 2,744.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: due from officer. Beg. Of year amount: 1,671. End of year amount: 1,671.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: line of credit. Beg. Of year amount: 5,028. End of year amount: 2,528.”

Raw XML Appendix167 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/PhoneNum08642321040
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GREENVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd029609
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0208
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IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-3149
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-360
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-3149
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-360
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0C STANLEY EBY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DAVID SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DANIEL HICKS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3TIM FISHER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3EXEC DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01671
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01671
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt02744
IRS990EZ/OtherRevenueTotalAmt063
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE THE MUSICAL AND SPIRITUAL DEVELOPMENT OF CHRISTIAN MUSICIANS.
IRS990EZ/PrintingPublicationsPostageAmt0186
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE CONSERVATORY WAS INACTIVE FOR THE SUMMER OF 2012.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
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IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalRevenueAmt07838
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.VALORCONSERVATORY.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt012717
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt07525
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt028729
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt042469
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt099215
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt063
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0150
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt053800
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0140
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0404
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99740
IRS990ScheduleA/PublicSupportPY509Pct00.99570
IRS990ScheduleA/PublicSupportTotal509Amt0153015
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0153419
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: MISC RECEIPTS. AMOUNT: 63.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: BANK FEES. AMOUNT: 315. DESCRIPTION: WEB DESIGN AND MAINTENANCE. AMOUNT: 209. DESCRIPTION: PROMOTIONS. AMOUNT: 506. DESCRIPTION: MISC PRIOR YEAR ADJUSTMENT. AMOUNT: 1,714. TOTAL TO FORM 990-EZ, LINE 16: 2,744.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DUE FROM OFFICER. BEG. OF YEAR AMOUNT: 1,671. END OF YEAR AMOUNT: 1,671.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: LINE OF CREDIT. BEG. OF YEAR AMOUNT: 5,028. END OF YEAR AMOUNT: 2,528.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID SMITH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08642321040
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VALOR SUMMER CONSERVATORY INC
ReturnHeader/Filer/BusinessNameControlTxt0VALO
ReturnHeader/Filer/EIN0260197921
ReturnHeader/Filer/PhoneNum08644237101
ReturnHeader/Filer/USAddress/AddressLine1Txt0211 BRADLEY AVE
ReturnHeader/Filer/USAddress/CityNm0GREENVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029609
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0260793942
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MARTIN SMITH & COMPANY CPAS PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01212 HAYWOOD ROAD BLDG 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GREENVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0296152200
ReturnHeader/PreparerPersonGrp/PhoneNum08642321040
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID A SMITH
ReturnHeader/ReturnTs02015-11-07T15:55:39-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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