Civic Intelligence

Eagle Theatre Inc.

990 • Fiscal year 2019 • EIN 30-0554729

Jan 01, 2019 to Dec 31, 2019 • Filed on Dec 10, 2020

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

1.18x

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

2019 filings • NTEE A • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

96th percentile

1.25x

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

2019 filings • NTEE A • $500k-$1M nonprofits • Source year 2019

Net Margin

55th percentile

5.2%

Higher net margin than 55% of similar nonprofits.

2019 filings • NTEE A • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

48th percentile

$0

Higher top officer pay than 48% of similar nonprofits.

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

2019 filings • NTEE A • $500k-$1M nonprofits • Source year 2019

Asset Growth

25th percentile

-3.5%

Faster asset growth than 25% of similar nonprofits.

2019 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

53rd percentile

6.1%

Faster revenue growth than 53% of similar nonprofits.

2019 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$943,510

Down $34,594 (-3.5%) from 2018

Net Assets

Up

-$167,051

Up $45,682 (+21%) from 2018

Liabilities

Down

$1,110,561

Down $80,276 (-6.7%) from 2018

Revenue

Up

$885,903

Up $50,762 (+6.1%) from 2018

Expenses

Up

$840,221

Up $15,222 (+1.8%) from 2018

Net Income

Up

$45,682

Up $35,540 (+350%) from 2018

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

2019

Assets$943,510
Liabilities$1,110,561
Net Assets-$167,051

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

2019

Revenue$885,903
Expenses$840,221
Net Income$45,682
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Dec 10, 2020
Return Version
2019v5.0
Gross Receipts
$885,903
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$855,028$885,960▲ $30,932
Prepaid Expenses and Deferred Charges$20,168$21,197▲ $1,029
Intangible Assets$7,432$6,831▼ $601
Cash and Non-Interest-Bearing Accounts$11,751$6,812▼ $4,939
Pledges and Grants Receivable$9,975$6,475▼ $3,500
Total Assets$978,104$943,510▼ $34,594
Other Assets Total$73,750$16,235▼ $57,515
Liabilities
Unsecured Notes Loans Payable$1,004,751$868,881▼ $135,870
Deferred Revenue$110,317$127,891▲ $17,574
Accounts Payable and Accrued Expenses$56,905$93,609▲ $36,704
Other Liabilities$18,864$20,180▲ $1,316
Total Liabilities$1,190,837$1,110,561▼ $80,276
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-212,733$-167,051▲ $45,682
Total Net Assets Fund Balance$-212,733$-167,051▲ $45,682
Total Liabilities and Net Assets / Fund Balance$978,104$943,510▼ $34,594

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$549,086$286,755$835,841
Buildings$234,509$15,491$250,000
Land$102,365-$102,365
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michael HozikPresident
Barry EvansTrustee
James DonioTrustee
Kathy NotaroTrustee
Richard DammersTrustee
James GentileSecretary
MARION O'NEILLTreasurer
Patricia MillerVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$466,129
Program Service Revenue
$418,149
Investment Income
$0
Other Revenue
$1,625
All Other Contributions
$187,879
Change in Net Assets
$45,682

Audited Revenue Reconciliation

Revenue per Audited Statements
$885,903
Total Revenue per Audited Statements
$885,903
Total Revenue per Form 990
$885,903
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$493,378
Salaries, Compensation, and Employee Benefits$346,843
Total Fundraising Expense$9,171
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$251,251$36,546-$287,797
All Other Expenses$56,709$21,545$3,339$81,593
Depreciation Depletion$35,090$246-$35,336
Other Employee Benefits$27,867$3,097-$30,964
Insurance-$30,837-$30,837
Payroll Taxes$23,056$5,026-$28,082
Information Technology$26,484--$26,484
Fees for Services Legal$6,412$17,447-$23,859
Other Expenses$22,050$16,334$4,934$21,268
Office Expenses$15,881$2,654-$18,535
Interest-$16,875-$16,875
Fees for Services Accounting-$13,260-$13,260
Advertising$2,922$3,021-$5,943
Travel$3,985$1,372-$5,357
Total Functional Expenses$661,772$169,278$9,171$840,221

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$840,221
Total Expenses per Audited Statements$840,221
Total Expenses per Form 990$840,221
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$3,723
Credit Card Payable$1,457
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
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
2020-12-10
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
29

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.

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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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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CREDIT CARD PAYABLE
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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/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
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IRS990/USAddress/AddressLine1Txt01 MAPLE STREET
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL HOZIK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06097045012
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-12-10
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/PreparerFirmGrp/PreparerFirmEIN0202115106
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VERNA & ASSOCIATES

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