Civic Intelligence

Eagle Theatre Inc.

990 • Fiscal year 2017 • EIN 30-0554729

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 14, 2018

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

1.24x

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

2017 filings • NTEE A • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

93rd percentile

1.34x

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

2017 filings • NTEE A • $1M-$5M nonprofits • Source year 2017

Net Margin

50th percentile

3.3%

Higher net margin than 50% of similar nonprofits.

2017 filings • NTEE A • $1M-$5M nonprofits • Source year 2017

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.

2017 filings • NTEE A • $1M-$5M nonprofits • Source year 2017

Asset Growth

72nd percentile

11%

Faster asset growth than 72% of similar nonprofits.

2017 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

21st percentile

-14%

Faster revenue growth than 21% of similar nonprofits.

2017 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$939,776

Up $91,010 (+11%) from 2016

Net Assets

Up

-$222,875

Up $28,337 (+11%) from 2016

Liabilities

Up

$1,162,651

Up $62,673 (+5.7%) from 2016

Revenue

Down

$870,401

Down $145,280 (-14%) from 2016

Expenses

Down

$842,064

Down $281,599 (-25%) from 2016

Net Income

Up

$28,337

Up $136,319 (+126%) from 2016

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

2017

Assets$939,776
Liabilities$1,162,651
Net Assets-$222,875

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

2017

Revenue$870,401
Expenses$842,064
Net Income$28,337
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 14, 2018
Return Version
2017v2.3
Gross Receipts
$1,011,442
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 eclectic theatrics.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$791,535$868,688▲ $77,153
Prepaid Expenses and Deferred Charges$17,493$15,451▼ $2,042
Cash and Non-Interest-Bearing Accounts$24,657$10,664▼ $13,993
Intangible Assets$1,756$8,031▲ $6,275
Pledges and Grants Receivable$13,325$6,400▼ $6,925
Total Assets$848,766$939,776▲ $91,010
Other Assets Total-$30,542-
Liabilities
Unsecured Notes Loans Payable$960,469$981,142▲ $20,673
Deferred Revenue$80,635$90,681▲ $10,046
Accounts Payable and Accrued Expenses$51,594$68,548▲ $16,954
Other Liabilities$7,280$22,280▲ $15,000
Total Liabilities$1,099,978$1,162,651▲ $62,673
Net Assets / Fund Balance
Unrestricted Net Assets$-251,212$-222,875▲ $28,337
Total Net Assets Fund Balance$-251,212$-222,875▲ $28,337
Total Liabilities and Net Assets / Fund Balance$848,766$939,776▲ $91,010

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$518,994$232,511$751,505
Buildings$247,329$2,671$250,000
Land$102,365-$102,365
Compensation and Service Providers

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$428,898
Program Service Revenue
$367,544
Investment Income
$73,959
Other Revenue
$0
All Other Contributions
$276,161
Change in Net Assets
$28,337

Audited Revenue Reconciliation

Revenue per Audited Statements
$870,401
Total Revenue per Audited Statements
$870,401
Total Revenue per Form 990
$870,401
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$538,568
Salaries, Compensation, and Employee Benefits$303,496
Total Fundraising Expense$7,402
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$224,916$39,192-$264,108
Advertising$1,886$75,046-$76,932
All Other Expenses$27,696$34,287$811$62,794
Depreciation Depletion$37,405$4,393-$41,798
Insurance-$21,080-$21,080
Payroll Taxes$17,764$3,201-$20,965
Interest-$19,160-$19,160
Other Employee Benefits$18,423--$18,423
Fees for Services Accounting-$17,200-$17,200
Office Expenses$12,269$1,960-$14,229
Other Expenses$9,825$16,384$4,949$9,825
Occupancy$5,100--$5,100
Travel$1,673$432-$2,105
Fees for Services Legal-$257-$257
Total Functional Expenses$600,209$234,453$7,402$842,064

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$842,064
Total Expenses per Audited Statements$842,064
Total Expenses per Form 990$842,064
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
Deferred Maintenance$15,000
Accrued Expenses$7,280
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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
2018-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Hozik
Formed
2008
Legal Domicile
Nj
Voting Board Members
6
Independent Board Members
6
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 -180

Financial Statement Notes

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

Book / tax depreciation difference 180

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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0297413
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0251361
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01640169
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
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IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt03840375
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0796442
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01015681
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0809325
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0581586
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0637341
IRS990ScheduleA/Total509Grp/TotalAmt03840375
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0796442
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01015681
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0809325
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0581586
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0637341
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03840375
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt02671
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0250000
IRS990ScheduleD/ExpensesSubtotalAmt0842064
IRS990ScheduleD/LandGrp/BookValueAmt0102365
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0102365
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0518994
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0232511
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0751505
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt17280
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED MAINTENANCE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED EXPENSES
IRS990ScheduleD/RevenueSubtotalAmt0870401
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BOOK / TAX DEPRECIATION DIFFERENCE 180
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0868688
IRS990ScheduleD/TotalExpensesPerForm990Amt0842064
IRS990ScheduleD/TotalLiabilityAmt022280
IRS990ScheduleD/TotalRevenuePerForm990Amt0870401
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0870401
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0842064
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IRS990/ScheduleORequiredInd0true
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 -180
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/TerminateOperationsInd0false
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IRS990/TotalEmployeeCnt015
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0234453
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0600209
IRS990/TotalFunctionalExpensesGrp/TotalAmt0842064
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt01162651
IRS990/TotalLiabilitiesGrp/BOYAmt01099978
IRS990/TotalLiabilitiesGrp/EOYAmt01162651
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-251212
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-222875
IRS990/TotalOtherProgSrvcExpenseAmt054774
IRS990/TotalProgramServiceExpensesAmt0600209
IRS990/TotalProgramServiceRevenueAmt0367544
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0441503
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0870401
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0848766
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0939776
IRS990/TravelGrp/ManagementAndGeneralAmt0432
IRS990/TravelGrp/ProgramServicesAmt01673
IRS990/TravelGrp/TotalAmt02105
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-251212
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-222875
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0960469
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0981142
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 388
IRS990/USAddress/CityNm0HAMMONTON
IRS990/USAddress/StateAbbreviationCd0NJ
IRS990/USAddress/ZIPCd008037
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL HOZIK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06097045012
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-14
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/AtSubmissionCreationDeviceId0543730F456755B7808E5DAFBC75EE0699BB29A20
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0F96CF636F5FFE4888D4E82E2602D61C2012F98C5
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0173.161.194.6
ReturnHeader/FilingSecurityInformation/IPDt02018-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm011:35:29
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/PreparationDt02018-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SCOTT C JENKINS CPA
ReturnHeader/ReturnTs02018-11-15T12:35:29-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31

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