Civic Intelligence

Beach Cite Studios Inc

990EZ • Fiscal year 2014 • EIN 26-3517864

Jan 01, 2014 to Dec 31, 2014 • Filed on Feb 27, 2015

848 Villa DriveCrystal Lake, IL 60014

(815) 378-2199

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2014

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2014

Net Margin

100th percentile

2833%

Higher net margin than 100% of similar nonprofits.

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

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

Asset Growth

1st percentile

-100%

Faster asset growth than 1% of similar nonprofits.

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

Revenue Growth

Score unavailable

No value available

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

Annualized from 2013 to 2014

Assets

Down

$0

Down $6,573 (-100%) from 2013

Net Assets

Down

$0

Down $6,573 (-100%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

Down

-$232

Down $235 (-7833%) from 2013

Expenses

Down

$6,341

Down $1,131 (-15%) from 2013

Net Income

Up

-$6,573

Up $896 (+12%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $1,119,572Liabilities 2010: $5,258Net Assets 2010: $1,114,3142010Assets 2011: $496,941Liabilities 2011: $2,672Net Assets 2011: $494,2692011Assets 2012: $17,757Liabilities 2012: $3,715Net Assets 2012: $14,0422012Assets 2013: $6,573Liabilities 2013: $0Net Assets 2013: $6,5732013Assets 2014: $0Liabilities 2014: $0Net Assets 2014: $02014

Highlighted filing

2014

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $337,8102010Expenses 2011: $428,4192011Expenses 2012: $480,9852012Revenue 2013: $3Expenses 2013: $7,472Net Income 2013: -$7,4692013Revenue 2014: -$232Expenses 2014: $6,341Net Income 2014: -$6,5732014

Highlighted filing

2014

Revenue-$232
Expenses$6,341
Net Income-$6,573
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Feb 27, 2015
Return Version
2014v5.0
Gross Receipts
$0
Mission and Program Overview

Mission

The arts center will house facilities that encompass teaching, and learning from many areas of the arts; including dance, music, painting, sculpture, and creative writing. Private studios will be available for individual lessons, along with large classroom areas for group instruction.

Program Services

DescriptionGrantsExpenses
CREATIVE AND PERFORMING ARTS STUDIO$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DANIEL T SCOTTPresident-$0--
ANDREW K OSIKAVice President-$0--
LINDA KAY SCOTTSecretary/Treasurer-$0--
Filing and Contact Details

Filer

Filer Name
Beach Cite Studios Inc
EIN
26-3517864
Phone
8153782199
Address
848 VILLA DRIVE, CRYSTAL LAKE, IL 60014

Signing Officer

Name
James D Coughlin
Title
Executive Director
Phone
2519684901
Signed
2015-02-27
Discuss with paid preparer
Yes

Preparer

Firm
Johnson Slaughter Driver & Northcutt Pa
Address
PO BOX 489, FOLEY, AL 36536-0489
Preparer
Steven G Slaughter CPA
Phone
2519431565
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: lakeside legacy foundation. Grantee address: 401 country club road crystal lake, il 60014. Property description: donated money. Date of gift: 05/30/14. Amount given: 1,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: baldwin county sheriffs boys ranch. Grantee address: 21870 count yroad 32 summerdale, al 36580. Property description: donated money. Date of gift: 11/17/14. Amount given: 1,000. Total included on form 990-ez, line 10: 2,000.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 524.

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

Description: supplies. Amount: 468. Description: travel. Amount: 1,323. Total to form 990-ez, line 16: 1,791.

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

Description: other depreciable assets. Beg. Of year amount: 756. End of year amount: 0.

Raw XML Appendix164 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JIM COUGHLIN
IRS990EZ/BooksInCareOfDetail/PhoneNum08153782199
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0848 VILLA DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CRYSTAL LAKE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060014
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt05817
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt00
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IRS990EZ/CostOrOtherBasisExpenseSaleAmt0232
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IRS990EZ/ExcessOrDeficitForYearAmt0-6573
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IRS990EZ/FiledScheduleAInd01
IRS990EZ/FinalReturnInd0X
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt0-232
IRS990EZ/GrantsAndSimilarAmountsPaidAmt02000
IRS990EZ/GrossReceiptsAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt06573
IRS990EZ/NetAssetsOrFundBalancesEOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt06573
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OccupancyRentUtltsAndMaintAmt0524
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DANIEL T SCOTT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ANDREW K OSIKA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LINDA KAY SCOTT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY/TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd01
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0756
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt01791
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE ARTS CENTER WILL HOUSE FACILITIES THAT ENCOMPASS TEACHING, AND LEARNING FROM MANY AREAS OF THE ARTS; INCLUDING DANCE, MUSIC, PAINTING, SCULPTURE, AND CREATIVE WRITING. PRIVATE STUDIOS WILL BE AVAILABLE FOR INDIVIDUAL LESSONS, ALONG WITH LARGE CLASSROOM AREAS FOR GROUP INSTRUCTION.
IRS990EZ/PrintingPublicationsPostageAmt020
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CREATIVE AND PERFORMING ARTS STUDIO
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt06341
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0-232
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.BEACHCITESTUDIOS.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt010964
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt09158
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt020122
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt05374
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt014011
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt019385
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt05374
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt014011
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt019385
IRS990ScheduleA/InvestmentIncomeCYPct00.49070
IRS990ScheduleA/InvestmentIncomePYPct00.06970
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.50930
IRS990ScheduleA/PublicSupportPY509Pct00.93030
IRS990ScheduleA/PublicSupportTotal509Amt020122
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt010964
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt09158
IRS990ScheduleA/Total509Grp/TotalAmt020122
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt016338
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt023169
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt039507
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd00
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0ASSETS WERE DISTRIBUTED VIA GRANTS LISTED IN SCHEDULE 0. SEE SCHEDULE O FOR DETAILS OF GRANTS
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: . GRANTEE NAME: LAKESIDE LEGACY FOUNDATION. GRANTEE ADDRESS: 401 COUNTRY CLUB ROAD CRYSTAL LAKE, IL 60014. PROPERTY DESCRIPTION: DONATED MONEY. DATE OF GIFT: 05/30/14. AMOUNT GIVEN: 1,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: . GRANTEE NAME: BALDWIN COUNTY SHERIFFS BOYS RANCH. GRANTEE ADDRESS: 21870 COUNT YROAD 32 SUMMERDALE, AL 36580. PROPERTY DESCRIPTION: DONATED MONEY. DATE OF GIFT: 11/17/14. AMOUNT GIVEN: 1,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 2,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DEPRECIATION. AMOUNT: 524.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: SUPPLIES. AMOUNT: 468. DESCRIPTION: TRAVEL. AMOUNT: 1,323. TOTAL TO FORM 990-EZ, LINE 16: 1,791.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 756. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
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/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES D COUGHLIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02519684901
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-02-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BEACH CITE STUDIOS INC
ReturnHeader/Filer/BusinessNameControlTxt0BEAC
ReturnHeader/Filer/EIN0263517864
ReturnHeader/Filer/PhoneNum08153782199
ReturnHeader/Filer/USAddress/AddressLine1Txt0848 VILLA DRIVE
ReturnHeader/Filer/USAddress/CityNm0CRYSTAL LAKE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060014
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0630588313
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOHNSON SLAUGHTER DRIVER & NORTHCUTT PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 489
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FOLEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0365360489
ReturnHeader/PreparerPersonGrp/PhoneNum02519431565
ReturnHeader/PreparerPersonGrp/PreparationDt02015-02-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN G SLAUGHTER CPA
ReturnHeader/ReturnTs02015-03-10T12:16:36-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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Filings