Laguna Ballet Inc

990EZ • Fiscal year 2014 • EIN 33-0254431

Oct 01, 2013 to Sep 30, 2014 • Filed on Feb 01, 2015

Organization Profile N/A

23854 Via FabricanteRoom/Suite F392691

(949) 855-4702

Siviq Scores

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

0.10x

Higher debt load relative to assets than 76% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

0.10x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

-19%

Higher net margin than 16% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

-0.8%

Faster asset growth than 43% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2014

0.6%

Faster revenue growth than 48% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2014

Balance Sheet

Liabilities / Assets76th percentile

Assets

Down

$112,898

Down $2,849 (-2.5%) from 2011

Net Assets

Down

$101,758

Down $13,989 (-12%) from 2011

Liabilities

$11,140

No earlier filing loaded for comparison.

Revenue And Expenses

Liabilities / Revenue81st percentile Net Margin16th percentile

Revenue

$115,411

Up $2,082 (+1.8%) from 2011

Expenses

$137,308

Up $47,338 (+53%) from 2011

Net Income

Down

-$21,897

Down $45,256 (-194%) from 2011

Historical Trend

Balance Sheet Trend

Asset Growth43rd percentile

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

Highlighted filing

2014

Assets$112,898

Liabilities$11,140

Net Assets$101,758

Open 2014 Filing

Operations Trend

Revenue Growth48th percentile

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

Highlighted filing

2014

Revenue$115,411

Expenses$137,308

Net Income-$21,897

Open 2014 Filing

Jump To

Filing Snapshot

Filing Period: Oct 1, 2013 to Sep 30, 2014
Signed: Feb 1, 2015
Return Version: 2013v4.0
Gross Receipts: $115,411

Mission and Program Overview

Mission

Performing arts education

Program Services

Description	Grants	Expenses
TO PROVIDE FOR THE DEVELOPMENT, PROMOTION AND PERFORMANCE EXPERIENCE FOR THE PERFORMING ARTS	-	$103,058
TO PROVIDE FOR THE DEVELOPMENT, PROMOTION AND PERFORMANCE EXPERIENCE FOR THE PERFORMING ARTS	-	-

Compensation and Service Providers

Top Officer Pay74th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
SHERY GILBERT	President	PT	$0	-	-
SHIRLEY ROCHON	Vice Preside	PT	$0	-	-

Filing and Contact Details

Filer

EIN: 33-0254431
Phone: 9498554702

Signing Officer

Name: Shery Gilbert
Title: President
Phone: 9498554702
Signed: 2015-02-01
Discuss with paid preparer: Yes

Preparer

Preparer: Jan Zucker CPA
Phone: 9498376162

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

“Performance revenues 80,279 total 80,279”

Form 990-ez, Part I, Line 16

“Expenses office 491 information technology 290 travel 4,454 interest 842 performance related 97,733 non-investment depreciation 871 total 104,681”

Form 990-ez, Part II, Line 24

“Studio equipment 7,564 7,564 less accumulated depreciation 6,256 7,128 total 1,308 436”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 6,387 11,140”

Form 990-ez, Part III, Line 31

“To provide for the development, promotion and performance experience for the performing arts”

Raw XML Appendix125 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
CompensationExplanation/CompensationExplanationGrp/PersonNm	0	SHERY GILBERT
CompensationExplanation/CompensationExplanationGrp/PersonNm	1	SHIRLEY ROCHON
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	false
IRS990EZ/BooksInCareOfDetail/PersonNm	0	SHERY GILBERT
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	9498554702
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1	0	23854 VIA FABRICANTE
IRS990EZ/BooksInCareOfDetail/USAddress/City	0	MISSION VIEJO
IRS990EZ/BooksInCareOfDetail/USAddress/State	0	CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode	0	92691
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	128734
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	112462
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	-21897
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	2736
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	130042
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	112898
IRS990EZ/GrossReceiptsAmt	0	115411
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MembershipDuesAmt	0	35132
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	123655
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	101758
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	123655
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	101758
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	25731
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	5.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	5.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	SHERY GILBERT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	SHIRLEY ROCHON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	VICE PRESIDE
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	1308
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	436
IRS990EZ/OtherExpensesTotalAmt	0	104681
IRS990EZ/OtherRevenueTotalAmt	0	80279
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	PERFORMING ARTS EDUCATION
IRS990EZ/PrintingPublicationsPostageAmt	0	4160
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	TO PROVIDE FOR THE DEVELOPMENT, PROMOTION AND PERFORMANCE EXPERIENCE FOR THE PERFORMING ARTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	1	TO PROVIDE FOR THE DEVELOPMENT, PROMOTION AND PERFORMANCE EXPERIENCE FOR THE PERFORMING ARTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	103058
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	CA
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	6387
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	11140
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	137308
IRS990EZ/TotalProgramServiceExpensesAmt	0	103058
IRS990EZ/TotalRevenueAmt	0	115411
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt	0	115411
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	115411
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportTotal509Amt	0	115411
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	115411
IRS990ScheduleA/Total509Grp/TotalAmt	0	115411
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	115411
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	115411
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	PERFORMANCE REVENUES 80,279 TOTAL 80,279
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	EXPENSES OFFICE 491 INFORMATION TECHNOLOGY 290 TRAVEL 4,454 INTEREST 842 PERFORMANCE RELATED 97,733 NON-INVESTMENT DEPRECIATION 871 TOTAL 104,681
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	STUDIO EQUIPMENT 7,564 7,564 LESS ACCUMULATED DEPRECIATION 6,256 7,128 TOTAL 1,308 436
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	ACCOUNTS PAYABLE AND ACCRUED EXPENSES 6,387 11,140
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	TO PROVIDE FOR THE DEVELOPMENT, PROMOTION AND PERFORMANCE EXPERIENCE FOR THE PERFORMING ARTS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	4	FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS	0	2016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	SHERY GILBERT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	9498554702
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2015-02-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1	0	LAGUNA BALLET INC
ReturnHeader/Filer/BusinessNameControlTxt	0	LAGU
ReturnHeader/Filer/EIN	0	330254431
ReturnHeader/Filer/PhoneNum	0	9498554702
ReturnHeader/Filer/USAddress/AddressLine1	0	23854 VIA FABRICANTE
ReturnHeader/Filer/USAddress/AddressLine2	0	ROOM/SUITE F3
ReturnHeader/Filer/USAddress/City	0	MISSION VIEJO
ReturnHeader/Filer/USAddress/State	0	CA
ReturnHeader/Filer/USAddress/ZIPCode	0	92691
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	330650247
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1	0	MISSION TAX AND FINANCIAL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1	0	25411 CABOT ROAD STE 211
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City	0	LAGUNA HILLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State	0	CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode	0	92653
ReturnHeader/PreparerPersonGrp/PhoneNum	0	9498376162
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2015-02-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	JAN ZUCKER CPA
ReturnHeader/ReturnTs	0	2015-02-11T17:31:46-06:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2013-10-01
ReturnHeader/TaxPeriodEndDt	0	2014-09-30
ReturnHeader/TaxYr	0	2013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $112,898
Liabilities: $11,140
Net assets: $101,758
Revenue: $115,411
Expenses: $137,308
Net income: -$21,897

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$1.83	$0.48	$1.34	$1.68	$1.28	$0.40
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.81	$0.68	$0.13	$1.56	$1.41	$0.15
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.66	$0.68	$0.02	$1.03	$0.68	$0.35
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.25	$0.62	$0.37	$0.76	$0.86	$0.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.28	$0.54	$0.26	$1.06	$1.16	$0.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.34	$0.50	$0.16	$1.04	$1.47	$0.44
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.97	$0.35	$0.62	$1.19	$1.43	$0.24
2014Detailed filing. Detailed filing data is available for this year.	$1.13	$0.11	$1.02	$1.15	$1.37	$0.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.16		$1.16	$1.13	$0.90	$0.23