Civic Intelligence

Facetime Theatre Inc.

990 • Fiscal year 2018 • EIN 27-1415177

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 05, 2019

400 Franklin Avenue No 109Phoenixville, PA 19460

(610) 983-4636

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.86x

Higher debt load relative to assets than 92% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

94th percentile

2.33x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

55th percentile

5.3%

Higher net margin than 55% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

51st percentile

$5,030

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

49th percentile

1.3%

Faster asset growth than 49% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

76th percentile

26%

Faster revenue growth than 76% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$832,222

Up $10,521 (+1.3%) from 2017

Net Assets

Up

$114,203

Up $16,165 (+16%) from 2017

Liabilities

Down

$718,019

Down $5,644 (-0.8%) from 2017

Revenue

Up

$307,517

Up $62,577 (+26%) from 2017

Expenses

Up

$291,352

Up $79,173 (+37%) from 2017

Net Income

Down

$16,165

Down $16,596 (-51%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2015: $76,670Liabilities 2015: $4,187Net Assets 2015: $72,4832015Assets 2016: $65,277Liabilities 2016: $0Net Assets 2016: $65,2772016Assets 2017: $821,701Liabilities 2017: $723,663Net Assets 2017: $98,0382017Assets 2018: $832,222Liabilities 2018: $718,019Net Assets 2018: $114,2032018Assets 2019: $829,274Liabilities 2019: $697,434Net Assets 2019: $131,8402019Assets 2020: $785,769Liabilities 2020: $671,631Net Assets 2020: $114,1382020Assets 2021: $975,789Liabilities 2021: $864,085Net Assets 2021: $111,7042021Assets 2022: $954,812Liabilities 2022: $845,517Net Assets 2022: $109,2952022Assets 2023: $966,310Liabilities 2023: $826,052Net Assets 2023: $140,2582023Assets 2024: $988,984Liabilities 2024: $805,762Net Assets 2024: $183,2222024

Highlighted filing

2018

Assets$832,222
Liabilities$718,019
Net Assets$114,203

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2015: $205,329Expenses 2015: $166,070Net Income 2015: $39,2592015Revenue 2016: $212,852Expenses 2016: $220,058Net Income 2016: -$7,2062016Revenue 2017: $244,940Expenses 2017: $212,179Net Income 2017: $32,7612017Revenue 2018: $307,517Expenses 2018: $291,352Net Income 2018: $16,1652018Revenue 2019: $297,910Expenses 2019: $280,273Net Income 2019: $17,6372019Revenue 2020: $190,720Expenses 2020: $208,422Net Income 2020: -$17,7022020Revenue 2021: $240,375Expenses 2021: $242,809Net Income 2021: -$2,4342021Revenue 2022: $298,749Expenses 2022: $301,158Net Income 2022: -$2,4092022Revenue 2023: $364,499Expenses 2023: $333,536Net Income 2023: $30,9632023Revenue 2024: $417,390Expenses 2024: $374,426Net Income 2024: $42,9642024

Highlighted filing

2018

Revenue$307,517
Expenses$291,352
Net Income$16,165
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 5, 2019
Return Version
2018v3.1
Gross Receipts
$310,251
Mission and Program Overview

Mission

Facetime's mission is to stimulate, promote, teach, and develop interest in the dramatic arts, to focus on the development of high-quality performing arts programs for area youth; and to advance the general level of culture in the field of dramatic arts by the establishment and maintenance of a theater for the production of plays, musicals, readings, dramas, comedies, shows, exhibitions and dramatic arts in all forms and of the highest standards.

Facetime theatre offers year-round educational performing arts programs for students of all ages. Facetime also produces dramatic plays and musicals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$772,042$791,427▲ $19,385
Cash and Non-Interest-Bearing Accounts$39,539$28,800▼ $10,739
Savings and Temporary Cash Investments$7,803$9,886▲ $2,083
Intangible Assets$2,317$2,109▼ $208
Total Assets$821,701$832,222▲ $10,521
Liabilities
Mortgage Notes Payable Secured by Investment Property$722,155$718,019▼ $4,136
Accounts Payable and Accrued Expenses$1,508$0▼ $1,508
Total Liabilities$723,663$718,019▼ $5,644
Net Assets / Fund Balance
Unrestricted Net Assets$98,038$114,203▲ $16,165
Total Net Assets Fund Balance$98,038$114,203▲ $16,165
Total Liabilities and Net Assets / Fund Balance$821,701$832,222▲ $10,521

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$726,690$36,701$763,391
Equipment$39,737$6,596$46,333
Land$25,000-$25,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kate NiceVice-presidentPT$5,030$5,030
Mike LantzyDirector-$4,376$4,376
Kristin AbellDirector-$1,500$1,500

Board Members and Trustees

NameTitle
Lisa StarczewskiPresident
Bonnie LlanosDirector
Matt CahillDirector
Michelle GottfriedFundraising Director
Meg GerrityPr Director
Ben PottsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,292
Program Service Revenue
$300,926
Investment Income
$20
Other Revenue
$2,279
All Other Contributions
$4,292
Change in Net Assets
$16,165
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$225,969
Salaries, Compensation, and Employee Benefits$65,383
Total Fundraising Expense$654
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$48,563$8,671$578$57,812
Occupancy$55,213--$55,213
Interest-$36,347-$36,347
Fees for Services Other$26,220--$26,220
Depreciation Depletion$24,248--$24,248
Office Expenses-$11,184-$11,184
Other Expenses$8,557$305-$8,862
Payroll Taxes$6,359$1,136$76$7,571
Advertising$6,923--$6,923
Insurance-$6,636-$6,636
Fees for Services Accounting-$6,500-$6,500
Total Functional Expenses$219,919$70,779$654$291,352
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$4,718
Fundraising Direct Expenses$2,734
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
Yes
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
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Lisa starczewski (president) has a family relationship with jessica potts (executive director) and ben potts (treasurer). Jessica potts and ben potts have a family relationship.

Form 990, Part VI, Section B, Line 11B

The organization had a meeting at which the board fully reviewed the form 990 in conjunction with a copy of the books & records.

Form 990, Part VI, Section B, Line 15

With respect to the executive director, as well as all other officers who hold paid positions with the organization, compensation was determined by a vote of the board of directors. Any parties with a conflict of interest (e.g., family relationship or financial interest in the outcome of the decision) did not participate in the vote. Prior to the vote, the board was presented with comparability data regarding hourly rates; the discussion and the decision was documented by the secretary.

Form 990, Part VI, Section C, Line 19

The organization keeps its books and records, including tax documents, financial records & governing documents in its office space. Upon request by a member of the general public, the business director makes any and all documents available for inspection.

Filing and Contact Details

Filer

Filer Name
Facetime Theatre Inc
EIN
27-1415177
Phone
6109834636
Address
400 FRANKLIN AVENUE NO 109, PHOENIXVILLE, PA 19460

Signing Officer

Name
Michael Lantzy
Title
Business Director
Phone
6109834636
Signed
2019-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Lantzy
Formed
2009
Legal Domicile
Pa
Voting Board Members
9
Independent Board Members
3
Employees
16
Volunteers
45

Preparer

Firm
Maillie Llp
Address
PO BOX 680, OAKS, PA 19456-0680
Preparer
S Mark Fuga CPA
Phone
6109351420
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt07803
IRS990/SavingsAndTempCashInvstGrp/EOYAmt09886
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt0360
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt03115
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt06320
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt0500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt010295
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt04292
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt07910
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt06350
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt024519
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt010072
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt053143
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0315
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt04203
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt066
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt088
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04672
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0305644
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0232827
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0206436
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0180722
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0122408
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01048037
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt015354
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt015354
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0315
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt04203
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt066
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt088
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04672
IRS990ScheduleA/InvestmentIncomeCYPct00.00420
IRS990ScheduleA/InvestmentIncomePYPct00.00510
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98670
IRS990ScheduleA/PublicSupportPY509Pct00.98280
IRS990ScheduleA/PublicSupportTotal509Amt01106239
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0360
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt03115
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt06320
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt010295
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0309936
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0240737
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0212786
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0205241
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0147834
IRS990ScheduleA/Total509Grp/TotalAmt01116534
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0310251
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0244940
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0212852
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0205329
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0147834
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01121206
IRS990/ScheduleBRequiredInd00
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt036701
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0763391
IRS990ScheduleD/EquipmentGrp/BookValueAmt039737
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06596
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt046333
IRS990ScheduleD/LandGrp/BookValueAmt025000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt025000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0791427
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LISA STARCZEWSKI (PRESIDENT) HAS A FAMILY RELATIONSHIP WITH JESSICA POTTS (EXECUTIVE DIRECTOR) AND BEN POTTS (TREASURER). JESSICA POTTS AND BEN POTTS HAVE A FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAD A MEETING AT WHICH THE BOARD FULLY REVIEWED THE FORM 990 IN CONJUNCTION WITH A COPY OF THE BOOKS & RECORDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WITH RESPECT TO THE EXECUTIVE DIRECTOR, AS WELL AS ALL OTHER OFFICERS WHO HOLD PAID POSITIONS WITH THE ORGANIZATION, COMPENSATION WAS DETERMINED BY A VOTE OF THE BOARD OF DIRECTORS. ANY PARTIES WITH A CONFLICT OF INTEREST (E.G., FAMILY RELATIONSHIP OR FINANCIAL INTEREST IN THE OUTCOME OF THE DECISION) DID NOT PARTICIPATE IN THE VOTE. PRIOR TO THE VOTE, THE BOARD WAS PRESENTED WITH COMPARABILITY DATA REGARDING HOURLY RATES; THE DISCUSSION AND THE DECISION WAS DOCUMENTED BY THE SECRETARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION KEEPS ITS BOOKS AND RECORDS, INCLUDING TAX DOCUMENTS, FINANCIAL RECORDS & GOVERNING DOCUMENTS IN ITS OFFICE SPACE. UPON REQUEST BY A MEMBER OF THE GENERAL PUBLIC, THE BUSINESS DIRECTOR MAKES ANY AND ALL DOCUMENTS AVAILABLE FOR INSPECTION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsGrp/EOYAmt0832222
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt04292
IRS990/TotalEmployeeCnt016
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0654
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt070779
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0219919
IRS990/TotalFunctionalExpensesGrp/TotalAmt0291352
IRS990/TotalGrossUBIAmt0295
IRS990/TotalLiabilitiesBOYAmt0723663
IRS990/TotalLiabilitiesEOYAmt0718019
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IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt098038
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IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0219919
IRS990/TotalProgramServiceRevenueAmt0300926
IRS990/TotalReportableCompFromOrgAmt010906
IRS990/TotalRevenueGrp/ExclusionAmt02004
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0300926
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0307517
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0295
IRS990/TotalVolunteersCnt045
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0821701
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IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt098038
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0114203
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0573 BRIGHTON WAY
IRS990/USAddress/CityNm0PHOENIXVILLE
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd019460
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.FACETIMETHEATRE.ORG
IRS990/WhistleblowerPolicyInd00

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