Civic Intelligence

Eagles Wings Studio Inc.

990EZ • Fiscal year 2021 • EIN 30-0827037

Jun 01, 2020 to May 31, 2021 • Filed on Jul 29, 2021

5223 Carriage Drive CircleCharlotte, NC 28205

(704) 351-4679

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.12x

Higher debt load relative to assets than 63% of similar nonprofits.

2021 filings • NTEE A25 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

72nd percentile

0.11x

Higher debt load relative to revenue than 72% of similar nonprofits.

2021 filings • NTEE A25 • <$500k nonprofits • Source year 2021

Net Margin

27th percentile

-6.1%

Higher net margin than 27% of similar nonprofits.

2021 filings • NTEE A25 • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$17,650

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 18.5% of source-year revenue.

2021 filings • NTEE A25 • <$500k nonprofits • Source year 2021

Asset Growth

28th percentile

-13%

Faster asset growth than 28% of similar nonprofits.

2021 filings • NTEE A25 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

21st percentile

-33%

Faster revenue growth than 21% of similar nonprofits.

2021 filings • NTEE A25 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$91,546

Down $14,135 (-13%) from 2020

Net Assets

Down

$80,629

Down $5,785 (-6.7%) from 2020

Liabilities

Down

$10,917

Down $8,350 (-43%) from 2020

Revenue

Down

$95,428

Down $46,999 (-33%) from 2020

Expenses

Down

$101,213

Down $18,021 (-15%) from 2020

Net Income

Down

-$5,785

Down $28,978 (-125%) from 2020

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2018: $49,407Net Assets 2018: $49,4072018Assets 2019: $72,523Liabilities 2019: $9,406Net Assets 2019: $63,1172019Assets 2020: $105,681Liabilities 2020: $19,267Net Assets 2020: $86,4142020Assets 2021: $91,546Liabilities 2021: $10,917Net Assets 2021: $80,6292021Assets 2022: $105,479Liabilities 2022: $14,550Net Assets 2022: $90,9292022Assets 2023: $131,539Liabilities 2023: $21,365Net Assets 2023: $110,1742023Assets 2024: $167,799Liabilities 2024: $13,695Net Assets 2024: $154,1042024Assets 2025: $165,325Liabilities 2025: $17,536Net Assets 2025: $147,7892025

Highlighted filing

2021

Assets$91,546
Liabilities$10,917
Net Assets$80,629

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2018: $105,553Expenses 2018: $92,644Net Income 2018: $12,9092018Revenue 2019: $114,494Expenses 2019: $100,819Net Income 2019: $13,6752019Revenue 2020: $142,427Expenses 2020: $119,234Net Income 2020: $23,1932020Revenue 2021: $95,428Expenses 2021: $101,213Net Income 2021: -$5,7852021Revenue 2022: $99,588Expenses 2022: $89,288Net Income 2022: $10,3002022Revenue 2023: $110,485Expenses 2023: $91,240Net Income 2023: $19,2452023Revenue 2024: $173,825Expenses 2024: $129,224Net Income 2024: $44,6012024Revenue 2025: $153,509Expenses 2025: $149,895Net Income 2025: $3,6142025

Highlighted filing

2021

Revenue$95,428
Expenses$101,213
Net Income-$5,785
Jump To
Filing Snapshot
Filing Period
Jun 1, 2020 to May 31, 2021
Signed
Jul 29, 2021
Return Version
2020v4.1
Gross Receipts
$95,428
Mission and Program Overview

Mission

Musical Theatre Education

Program Services

DescriptionGrantsExpenses
Providing musical theatre education for students.$0$97,914
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gwen BergerPresidentFT$17,650-$17,650
Karen VitcoBoard MemberFT$17,450-$17,450
Joshua WheelerTreasurer-$0--
Jennifer ClevelandSecretary-$0--
Melissa WheelerBoard Member-$0--
Christina VogelBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Eagles' Wings Studio Inc
EIN
30-0827037
Phone
7043514679
Address
5223 Carriage Drive Circle, Charlotte, NC 28205

Signing Officer

Name
Joshua Wheeler
Title
Treasurer
Phone
7043514679
Signed
2021-07-29

Preparer

Firm
Staples Tax Service
Address
7614 Radin Road, Waxhaw, NC 28173
Preparer
Timothy C Staples
Phone
7046182767
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

Musical performance expense 21704.

Form 990EZ, Part I, Line 16

Office expense 1879.

Form 990EZ, Part I, Line 16

Website maintenance 420.

Form 990EZ, Part I, Line 16

Marketing & Outreach 200.

Form 990EZ, Part I, Line 16

Taxes & Licenses 52.

Form 990EZ, Part II, Line 24

Accounts Receivable 0. 0.

Form 990EZ, Part II, Line 24

Accounts Receivable-difference in PayPal Holds/Releases 9. 1.

Form 990EZ, Part II, Line 24

Trailer-storage/transport 10000. 10000.

Form 990EZ, Part II, Line 24

Prepaid Expense 7485. 415.

Form 990EZ, Part II, Line 26

Accounts Payable 0. 0.

Form 990EZ, Part II, Line 26

Deferred Income 19267. 10917.

Raw XML Appendix195 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0Karen Vitco
IRS990EZ/BooksInCareOfDetail/PhoneNum09802390374
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04515 Lawrence Daniel Drive
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Matthews
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028104
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt088187
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt081130
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt026076
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-5785
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt063123
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0105681
IRS990EZ/Form990TotalAssetsGrp/EOYAmt091546
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt095428
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt086414
IRS990EZ/NetAssetsOrFundBalancesEOYAmt080629
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt086414
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt080629
IRS990EZ/OccupancyRentUtltsAndMaintAmt013773
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt540.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt017650
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt517450
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Gwen Berger
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Joshua Wheeler
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Jennifer Cleveland
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Melissa Wheeler
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Christina Vogel
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Karen Vitco
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Board Member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt017494
IRS990EZ/OtherAssetsTotalDetail/EOYAmt010416
IRS990EZ/OtherExpensesTotalAmt024255
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Musical Theatre Education
IRS990EZ/PrintingPublicationsPostageAmt062
IRS990EZ/ProgramServiceRevenueAmt069352
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Providing musical theatre education for students.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt097914
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt019267
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt010917
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0101213
IRS990EZ/TotalProgramServiceExpensesAmt097914
IRS990EZ/TotalRevenueAmt095428
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.eagleswingsstudio.com
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt026076
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt032456
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt021899
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt010875
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt091306
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt034532
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt025406
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt024313
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt084251
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0175557
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt026076
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt066988
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt047305
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt035188
IRS990ScheduleA/Total509Grp/TotalAmt0175557
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0175557
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Musical performance expense 21704.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office expense 1879.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Website maintenance 420.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Marketing & Outreach 200.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Taxes & Licenses 52.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Accounts Receivable 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Accounts Receivable-difference in PayPal Holds/Releases 9. 1.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Trailer-storage/transport 10000. 10000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Prepaid Expense 7485. 415.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Accounts Payable 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Deferred Income 19267. 10917.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Joshua Wheeler
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum07043514679
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-07-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Eagles' Wings Studio Inc
ReturnHeader/Filer/BusinessNameControlTxt0EAGL
ReturnHeader/Filer/EIN0300827037
ReturnHeader/Filer/PhoneNum07043514679
ReturnHeader/Filer/USAddress/AddressLine1Txt05223 Carriage Drive Circle
ReturnHeader/Filer/USAddress/CityNm0Charlotte
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028205
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Staples Tax Service
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07614 Radin Road
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Waxhaw
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028173
ReturnHeader/PreparerPersonGrp/PhoneNum07046182767
ReturnHeader/PreparerPersonGrp/PreparationDt02021-08-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Timothy C Staples
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-08-20T07:32:30-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Joshua
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Wheeler
ReturnHeader/TaxPeriodBeginDt02020-06-01
ReturnHeader/TaxPeriodEndDt02021-05-31
ReturnHeader/TaxYr02020

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