Civic Intelligence

Eagles Wings Studio Inc.

990EZ • Fiscal year 2024 • EIN 30-0827037

Jun 01, 2023 to May 31, 2024 • Filed on Oct 02, 2024

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

69th percentile

0.08x

Higher debt load relative to assets than 69% of similar nonprofits.

2024 filings • NTEE A25 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

81st percentile

0.08x

Higher debt load relative to revenue than 81% of similar nonprofits.

2024 filings • NTEE A25 • <$500k nonprofits • Source year 2024

Net Margin

78th percentile

26%

Higher net margin than 78% of similar nonprofits.

2024 filings • NTEE A25 • <$500k nonprofits • Source year 2024

Top Officer Pay

83rd percentile

$25,763

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 14.8% of source-year revenue.

2024 filings • NTEE A25 • <$500k nonprofits • Source year 2024

Asset Growth

68th percentile

28%

Faster asset growth than 68% of similar nonprofits.

2024 filings • NTEE A25 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

83rd percentile

57%

Faster revenue growth than 83% of similar nonprofits.

2024 filings • NTEE A25 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$167,799

Up $36,260 (+28%) from 2023

Net Assets

Up

$154,104

Up $43,930 (+40%) from 2023

Liabilities

Down

$13,695

Down $7,670 (-36%) from 2023

Revenue

Up

$173,825

Up $63,340 (+57%) from 2023

Expenses

Up

$129,224

Up $37,984 (+42%) from 2023

Net Income

Up

$44,601

Up $25,356 (+132%) from 2023

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

2024

Assets$167,799
Liabilities$13,695
Net Assets$154,104

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

2024

Revenue$173,825
Expenses$129,224
Net Income$44,601
Jump To
Filing Snapshot
Filing Period
Jun 1, 2023 to May 31, 2024
Signed
Oct 2, 2024
Return Version
2023v5.1
Gross Receipts
$173,825
Mission and Program Overview

Mission

Musical Theatre Education

Program Services

DescriptionGrantsExpenses
Teaching children and adolescents singing, dancing,and acting, as well as life skills (time management, discipline,public speaking, and teamwork).$0$123,355
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gwen BergerPresidentFT$25,763-$25,763
Karen VitcoTreasurerFT$0--
Sondra BradfordSecretaryPT$0--
Jeff JohnsonBoard MemberPT$0--
John DorothyBoard Member (Through 8/28/23)PT$0--
Chris CobeBoard Member (From 8/28/23)PT$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
Gwen Berger
Title
President
Phone
7043514679
Signed
2024-10-02

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 30098.

Form 990EZ, Part I, Line 16

Office expense 4434.

Form 990EZ, Part I, Line 16

Website maintenance 442.

Form 990EZ, Part I, Line 16

Marketing & Outreach 175.

Form 990EZ, Part I, Line 16

Taxes & Licenses 53.

Form 990EZ, Part I, Line 20

Prior year account adjustments in income, bank accounts, and deferred income -671.

Form 990EZ, Part II, Line 24

Accounts Receivable 0.

Form 990EZ, Part II, Line 24

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

Form 990EZ, Part II, Line 24

Trailer-storage/transport 10000. 10000.

Form 990EZ, Part II, Line 24

Prepaid Expense 7826. 5867.

Form 990EZ, Part II, Line 26

Accounts Payable 0. 0.

Form 990EZ, Part II, Line 26

Deferred Income 21365. 13695.

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/PhoneNum09802390374
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04515 Lawrence Daniel Drive
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Matthews
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028104
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0113712
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0151931
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt08747
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt044601
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt068327
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0131539
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0167799
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0173825
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0110174
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0154104
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0110174
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0154104
IRS990EZ/OccupancyRentUtltsAndMaintAmt024935
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt140.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt45.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt55.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt025763
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
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/PersonNm1Karen Vitco
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Sondra Bradford
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Jeff Johnson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4John Dorothy
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Chris Cobe
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Member (through 8/28/23)
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Board Member (from 8/28/23)
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt017827
IRS990EZ/OtherAssetsTotalDetail/EOYAmt015868
IRS990EZ/OtherChangesInNetAssetsAmt0-671
IRS990EZ/OtherExpensesTotalAmt035202
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Musical Theatre Education
IRS990EZ/PrintingPublicationsPostageAmt0760
IRS990EZ/ProgramServiceRevenueAmt0165078
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Teaching children and adolescents singing, dancing,and acting, as well as life skills (time management, discipline,public speaking, and teamwork).
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0123355
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt021365
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt013695
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0129224
IRS990EZ/TotalProgramServiceExpensesAmt0123355
IRS990EZ/TotalRevenueAmt0173825
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.eagleswingsstudio.com
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt08747
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt018667
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt020981
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt026076
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt032456
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0106927
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt011787
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt034532
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt046319
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0153246
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt08747
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt030454
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt020981
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt026076
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt066988
IRS990ScheduleA/Total509Grp/TotalAmt0153246
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0153246
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Musical performance expense 30098.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office expense 4434.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Website maintenance 442.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Marketing & Outreach 175.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Taxes & Licenses 53.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Prior year account adjustments in income, bank accounts, and deferred income -671.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Accounts Receivable 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Accounts Receivable-difference in PayPal Holds/Releases 1. 1.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Trailer-storage/transport 10000. 10000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Prepaid Expense 7826. 5867.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Accounts Payable 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Deferred Income 21365. 13695.
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 I, Line 20
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 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Gwen Berger
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum07043514679
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-02
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/IRSResponsiblePrtyInfoCurrInd0true
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/PreparationDt02024-10-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Timothy C Staples
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-10-11T13:19:51-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-06-01
ReturnHeader/TaxPeriodEndDt02024-05-31
ReturnHeader/TaxYr02023

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