Civic Intelligence

Laguna Ballet Inc

990EZ • Fiscal year 2021 • EIN 33-0254431

Oct 01, 2020 to Sep 30, 2021 • Filed on Feb 24, 2022

Organization ProfileN/A
26592 Sinforosa DrMission Viejo, CA 92691

(949) 855-4702

Siviq Scores

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

Liabilities / Assets

95th percentile

1.03x

Higher debt load relative to assets than 95% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

92nd percentile

0.66x

Higher debt load relative to revenue than 92% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

77th percentile

34%

Higher net margin than 77% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

93rd percentile

162%

Faster asset growth than 93% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

70th percentile

36%

Faster revenue growth than 70% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets95th percentile

Assets

Up

$66,356

Up $40,992 (+162%) from 2020

Net Assets

Up

-$1,801

Up $34,780 (+95%) from 2020

Liabilities

Up

$68,157

Up $6,212 (+10%) from 2020

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin77th percentile

Revenue

Up

$103,026

Up $27,472 (+36%) from 2020

Expenses

Down

$68,247

Down $17,970 (-21%) from 2020

Net Income

Up

$34,779

Up $45,442 (+426%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

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

$200K$100K$0-$100KAssets 2011: $115,747Net Assets 2011: $115,7472011Assets 2014: $112,898Liabilities 2014: $11,140Net Assets 2014: $101,7582014Assets 2016: $97,127Liabilities 2016: $35,100Net Assets 2016: $62,0272016Assets 2018: $33,683Liabilities 2018: $49,620Net Assets 2018: -$15,9372018Assets 2019: $27,715Liabilities 2019: $53,633Net Assets 2019: -$25,9182019Assets 2020: $25,364Liabilities 2020: $61,945Net Assets 2020: -$36,5812020Assets 2021: $66,356Liabilities 2021: $68,157Net Assets 2021: -$1,8012021Assets 2022: $81,262Liabilities 2022: $68,064Net Assets 2022: $13,1982022Assets 2025: $182,734Liabilities 2025: $48,475Net Assets 2025: $134,2592025

Highlighted filing

2021

Assets$66,356
Liabilities$68,157
Net Assets-$1,801
Open 2021 Filing

Operations Trend

Revenue Growth70th percentile

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

$200K$100K$0-$100KRevenue 2011: $113,329Expenses 2011: $89,970Net Income 2011: $23,3592011Revenue 2014: $115,411Expenses 2014: $137,308Net Income 2014: -$21,8972014Revenue 2016: $118,742Expenses 2016: $143,029Net Income 2016: -$24,2872016Revenue 2018: $103,580Expenses 2018: $147,373Net Income 2018: -$43,7932018Revenue 2019: $105,520Expenses 2019: $115,500Net Income 2019: -$9,9802019Revenue 2020: $75,554Expenses 2020: $86,217Net Income 2020: -$10,6632020Revenue 2021: $103,026Expenses 2021: $68,247Net Income 2021: $34,7792021Revenue 2022: $155,533Expenses 2022: $140,534Net Income 2022: $14,9992022Revenue 2025: $168,081Expenses 2025: $128,173Net Income 2025: $39,9082025

Highlighted filing

2021

Revenue$103,026
Expenses$68,247
Net Income$34,779
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Feb 24, 2022
Return Version
2020v4.0
Gross Receipts
$103,026
Mission and Program Overview

Mission

Performing arts education

Program Services

DescriptionGrantsExpenses
TO PROVIDE FOR THE DEVELOPMENT, PROMOTION AND PERFORMANCE EXPERIENCE FOR THE PERFORMING ARTS-$50,219
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SHERY GILBERTPresidentPT$0--
SHIRLEY ROCHONVice PresidePT$0--
Filing and Contact Details

Filer

Filer Name
Laguna Ballet Inc
EIN
33-0254431
Phone
9498554702
Address
26592 SINFOROSA DR, MISSION VIEJO, CA 92691

Signing Officer

Name
Shery Gilbert
Title
President
Phone
9498554702
Signed
2022-02-24
Discuss with paid preparer
Yes

Preparer

Firm
Mission Tax and Financial
Address
25411 CABOT ROAD STE 211, LAGUNA HILLS, CA 92653
Preparer
Jan Zucker CPA
Phone
9498376162
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

“Performance revenues 103,026 total 103,026”

Form 990-ez, Part I, Line 16

“Expenses advertising 90 office 247 information technology 90 travel 650 interest 2,498 insurance 1,927 performance related 60,008 total 65,510”

Form 990-ez, Part II, Line 24

“Studio equipment 9,431 9,432 less accumulated depreciation 9,431 9,432 total 0 0”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 27,504 21,451 unsecured notes and loans payable 34,440 46,706”

Raw XML Appendix132 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/PersonNm0SHERY GILBERT
CompensationExplanation/CompensationExplanationGrp/PersonNm1SHIRLEY ROCHON
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0SHERY GILBERT
IRS990EZ/BooksInCareOfDetail/PhoneNum09498554702
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt023854 VIA FABRICANTE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MISSION VIEJO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd092691
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt025364
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt066356
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt034779
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0764
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt025364
IRS990EZ/Form990TotalAssetsGrp/EOYAmt066356
IRS990EZ/GrossReceiptsAmt0103026
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-36580
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-1801
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-36580
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-1801
IRS990EZ/OccupancyRentUtltsAndMaintAmt01973
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SHERY GILBERT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SHIRLEY ROCHON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt065510
IRS990EZ/OtherRevenueTotalAmt0103026
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PERFORMING ARTS EDUCATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE FOR THE DEVELOPMENT, PROMOTION AND PERFORMANCE EXPERIENCE FOR THE PERFORMING ARTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt050219
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt061944
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt068157
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt068247
IRS990EZ/TotalProgramServiceExpensesAmt050219
IRS990EZ/TotalRevenueAmt0103026
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0103026
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt075554
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0105520
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0103580
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt098366
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0486046
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0486046
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0103026
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt075554
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0105520
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0103580
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt098366
IRS990ScheduleA/Total509Grp/TotalAmt0486046
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0103026
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt075554
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0105520
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0103580
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt098366
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0486046
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PERFORMANCE REVENUES 103,026 TOTAL 103,026
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING 90 OFFICE 247 INFORMATION TECHNOLOGY 90 TRAVEL 650 INTEREST 2,498 INSURANCE 1,927 PERFORMANCE RELATED 60,008 TOTAL 65,510
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2STUDIO EQUIPMENT 9,431 9,432 LESS ACCUMULATED DEPRECIATION 9,431 9,432 TOTAL 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 27,504 21,451 UNSECURED NOTES AND LOANS PAYABLE 34,440 46,706
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHERY GILBERT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09498554702
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-02-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAGUNA BALLET INC
ReturnHeader/Filer/BusinessNameControlTxt0LAGU
ReturnHeader/Filer/EIN0330254431
ReturnHeader/Filer/PhoneNum09498554702
ReturnHeader/Filer/USAddress/AddressLine1Txt026592 SINFOROSA DR
ReturnHeader/Filer/USAddress/CityNm0MISSION VIEJO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092691
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0330650247
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MISSION TAX AND FINANCIAL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt025411 CABOT ROAD STE 211
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAGUNA HILLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092653
ReturnHeader/PreparerPersonGrp/PhoneNum09498376162
ReturnHeader/PreparerPersonGrp/PreparationDt02022-02-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAN ZUCKER CPA
ReturnHeader/ReturnTs02022-02-25T14:35:37-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SHERY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GILVERT
ReturnHeader/TaxPeriodBeginDt02020-10-01
ReturnHeader/TaxPeriodEndDt02021-09-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$66,356
Liabilities
$68,157
Net assets
-$1,801
Revenue
$103,026
Expenses
$68,247
Net income
$34,779
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet 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
2021Detailed filing. Detailed filing data is available for this year.$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