Civic Intelligence

Eagle Theatre Inc.

990 • Fiscal year 2016 • EIN 30-0554729

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 25, 2017

PO Box 388Hammonton, NJ 08037

(609) 704-5012

Siviq Scores

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

Liabilities / Assets

96th percentile

1.30x

Higher debt load relative to assets than 96% of similar nonprofits.

2016 filings • NTEE A • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

93rd percentile

1.08x

Higher debt load relative to revenue than 93% of similar nonprofits.

2016 filings • NTEE A • $1M-$5M nonprofits • Source year 2016

Net Margin

24th percentile

-11%

Higher net margin than 24% of similar nonprofits.

2016 filings • NTEE A • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

33rd percentile

$0

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • NTEE A • $1M-$5M nonprofits • Source year 2016

Asset Growth

18th percentile

-6.4%

Faster asset growth than 18% of similar nonprofits.

2016 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

76th percentile

25%

Faster revenue growth than 76% of similar nonprofits.

2016 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$848,766

Down $58,097 (-6.4%) from 2015

Net Assets

Down

-$251,212

Down $107,981 (-75%) from 2015

Liabilities

Up

$1,099,978

Up $49,884 (+4.8%) from 2015

Revenue

Up

$1,015,681

Up $206,356 (+25%) from 2015

Expenses

Up

$1,123,663

Up $106,545 (+10%) from 2015

Net Income

Up

-$107,982

Up $99,811 (+48%) from 2015

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0MAssets 2013: $861,022Liabilities 2013: $620,344Net Assets 2013: $240,6782013Assets 2014: $895,503Liabilities 2014: $830,938Net Assets 2014: $64,5652014Assets 2015: $906,863Liabilities 2015: $1,050,094Net Assets 2015: -$143,2312015Assets 2016: $848,766Liabilities 2016: $1,099,978Net Assets 2016: -$251,2122016Assets 2017: $939,776Liabilities 2017: $1,162,651Net Assets 2017: -$222,8752017Assets 2018: $978,104Liabilities 2018: $1,190,837Net Assets 2018: -$212,7332018Assets 2019: $943,510Liabilities 2019: $1,110,561Net Assets 2019: -$167,0512019Assets 2020: $927,333Liabilities 2020: $1,177,891Net Assets 2020: -$250,5582020Assets 2021: $1,277,098Liabilities 2021: $1,320,656Net Assets 2021: -$43,5582021Assets 2022: $1,443,539Liabilities 2022: $1,640,735Net Assets 2022: -$197,1962022Assets 2023: $1,025,159Liabilities 2023: $1,598,999Net Assets 2023: -$573,8402023Assets 2024: $964,162Liabilities 2024: $1,553,979Net Assets 2024: -$589,8172024

Highlighted filing

2016

Assets$848,766
Liabilities$1,099,978
Net Assets-$251,212

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2013: $637,341Expenses 2013: $487,172Net Income 2013: $150,1692013Revenue 2014: $581,586Expenses 2014: $757,699Net Income 2014: -$176,1132014Revenue 2015: $809,325Expenses 2015: $1,017,118Net Income 2015: -$207,7932015Revenue 2016: $1,015,681Expenses 2016: $1,123,663Net Income 2016: -$107,9822016Revenue 2017: $870,401Expenses 2017: $842,064Net Income 2017: $28,3372017Revenue 2018: $835,141Expenses 2018: $824,999Net Income 2018: $10,1422018Revenue 2019: $885,903Expenses 2019: $840,221Net Income 2019: $45,6822019Revenue 2020: $193,227Expenses 2020: $276,733Net Income 2020: -$83,5062020Revenue 2021: $736,055Expenses 2021: $529,055Net Income 2021: $207,0002021Revenue 2022: $497,961Expenses 2022: $651,599Net Income 2022: -$153,6382022Revenue 2023: $189,812Expenses 2023: $566,456Net Income 2023: -$376,6442023Revenue 2024: $296,913Expenses 2024: $312,595Net Income 2024: -$15,6822024

Highlighted filing

2016

Revenue$1,015,681
Expenses$1,123,663
Net Income-$107,982
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 25, 2017
Return Version
2016v3.0
Gross Receipts
$1,015,681
Mission and Program Overview

Mission

The eagle theatre is dedicated to redefining regional theatre through; innovation, enlightened production techniques, and the development of eclectric theatrics.

The eagle theatre is dedicated to redefining regional theatre through innovation, enlightened production techniques, and the development of eclectric theatrics.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$828,120$791,535▼ $36,585
Cash and Non-Interest-Bearing Accounts$684$24,657▲ $23,973
Prepaid Expenses and Deferred Charges$75,405$17,493▼ $57,912
Pledges and Grants Receivable$741$13,325▲ $12,584
Intangible Assets$1,913$1,756▼ $157
Total Assets$906,863$848,766▼ $58,097
Liabilities
Unsecured Notes Loans Payable$900,107$960,469▲ $60,362
Deferred Revenue$67,920$80,635▲ $12,715
Accounts Payable and Accrued Expenses$78,011$51,594▼ $26,417
Other Liabilities$4,056$7,280▲ $3,224
Total Liabilities$1,050,094$1,099,978▲ $49,884
Net Assets / Fund Balance
Unrestricted Net Assets$-143,231$-251,212▼ $107,981
Total Net Assets Fund Balance$-143,231$-251,212▼ $107,981
Total Liabilities and Net Assets / Fund Balance$906,863$848,766▼ $58,097

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$869,709-$869,709
Land$129,365-$129,365
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michael HozikPresident
Chhaya RowanTrustee
Eileen Conrad-folksTrustee
James DonioTrustee
MARION O'NEILLSecretary
Kathy NotaroTreasuer
Charles ArsenaultVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$640,435
Program Service Revenue
$375,246
Investment Income
$0
Other Revenue
$0
All Other Contributions
$428,031
Change in Net Assets
$-107,982

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,015,681
Total Revenue per Audited Statements
$1,015,681
Total Revenue per Form 990
$1,015,681
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$795,251
Salaries, Compensation, and Employee Benefits$328,412
Total Fundraising Expense$11,387
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$186,267$114,584-$300,851
Advertising$55$126,937-$126,992
All Other Expenses$54,523$38,650$2,935$96,108
Depreciation Depletion$35,858$4,832-$40,690
Interest-$31,224-$31,224
Insurance-$29,978-$29,978
Payroll Taxes$15,296$12,265-$27,561
Other Expenses$188,937$21,284$5,524$21,284
Office Expenses$17,787$790-$18,577
Fees for Services Accounting-$7,400-$7,400
Occupancy$3,375--$3,375
Travel$873$1,796-$2,669
Fees for Services Legal-$975-$975
Conferences and Meetings-$331-$331
Total Functional Expenses$699,624$412,652$11,387$1,123,663

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,123,763
Expenses per Audited Statements$1,123,663
Total Expenses per Form 990$1,123,663
Expenses Not Reported on Form 990$100
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
Accrued Expenses$7,280
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
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

Copy of return is provided to board members for review and approval prior to filing.

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

All directors have a duty to disclose possible conflicts. The board determines if a conflict exists. If a conflict has been determined to exist, the member is informed of the decision and the appropriate disciplinary actions are taken.

Form 990, Page 6, Part VI, Line 19

Documents are available to the public with written request.

Filing and Contact Details

Filer

Filer Name
Eagle Theatre Inc
EIN
30-0554729
Phone
6097045012
Address
PO BOX 388, HAMMONTON, NJ 08037

Signing Officer

Name
Michael Hozik
Title
President
Phone
6097045012
Signed
2017-10-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Hozik
Formed
2008
Legal Domicile
Nj
Voting Board Members
9
Independent Board Members
9
Employees
15

Preparer

Firm
Verna & Associates
Address
105 JESSUP RD STE 100, THOROFARE, NJ 08086-9354
Preparer
Scott C Jenkins CPA
Phone
8563848400
Supplemental Narrative

Additional Explanations

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

Performing art production costs - ticket sales and performance fees to support the theater.

Form 990, Part XI, Line 9

Book / tax depreciation difference -100

Financial Statement Notes

Schedule D, Page 4, Part XII, Line 2D

Book / tax depreciation difference 100

Raw XML Appendix391 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.

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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0165960
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0581586
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0637341
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IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 2D
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IRS990ScheduleD/TotalExpensesPerForm990Amt01123663
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PERFORMING ART PRODUCTION COSTS - TICKET SALES AND PERFORMANCE FEES TO SUPPORT THE THEATER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COPY OF RETURN IS PROVIDED TO BOARD MEMBERS FOR REVIEW AND APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL DIRECTORS HAVE A DUTY TO DISCLOSE POSSIBLE CONFLICTS. THE BOARD DETERMINES IF A CONFLICT EXISTS. IF A CONFLICT HAS BEEN DETERMINED TO EXIST, THE MEMBER IS INFORMED OF THE DECISION AND THE APPROPRIATE DISCIPLINARY ACTIONS ARE TAKEN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE TO THE PUBLIC WITH WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOOK / TAX DEPRECIATION DIFFERENCE -100
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0699624
IRS990/TotalFunctionalExpensesGrp/TotalAmt01123663
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IRS990/TotalLiabilitiesGrp/BOYAmt01050094
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-251212
IRS990/TotalOtherProgSrvcExpenseAmt057020
IRS990/TotalProgramServiceExpensesAmt0699624
IRS990/TotalProgramServiceRevenueAmt0375246
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0375246
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01015681
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0906863
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0848766
IRS990/TravelGrp/ManagementAndGeneralAmt01796
IRS990/TravelGrp/ProgramServicesAmt0873
IRS990/TravelGrp/TotalAmt02669
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0900107
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0960469
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IRS990/USAddress/CityNm0HAMMONTON
IRS990/USAddress/StateAbbreviationCd0NJ
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IRS990/VotingMembersIndependentCnt09
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL HOZIK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06097045012
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EAGLE THEATRE INC
ReturnHeader/Filer/BusinessNameControlTxt0EAGL
ReturnHeader/Filer/EIN0300554729
ReturnHeader/Filer/PhoneNum06097045012
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 388
ReturnHeader/Filer/USAddress/CityNm0HAMMONTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd008037
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId00920DAE73857A6E01211788AA0373622E575CEDE
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0F80BA2603B74D4E863EEB2A9FB85DB132637902D
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0202115106
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VERNA & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0105 JESSUP RD STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0THOROFARE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0080869354
ReturnHeader/PreparerPersonGrp/PhoneNum08563848400
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SCOTT C JENKINS CPA
ReturnHeader/ReturnTs02017-11-09T11:03:12-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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