Civic Intelligence

Walton Raider Orchestra Guild Inc.

990 • Fiscal year 2017 • EIN 37-1731339

Jul 01, 2016 to Jun 30, 2017 • Filed on Sep 07, 2017

1590 Bill Murdock RoadMarietta, GA 30062-5953

(770) 579-8334

Siviq Scores

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

Liabilities / Assets

85th percentile

0.27x

Higher debt load relative to assets than 85% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

94th percentile

0.67x

Higher debt load relative to revenue than 94% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

71st percentile

16%

Higher net margin than 71% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

38th percentile

-3.0%

Faster asset growth than 38% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

70th percentile

18%

Faster revenue growth than 70% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$176,204

Down $5,530 (-3.0%) from 2016

Net Assets

Up

$127,922

Up $13,152 (+11%) from 2016

Liabilities

Down

$48,282

Down $18,682 (-28%) from 2016

Revenue

Up

$71,680

Up $10,811 (+18%) from 2016

Expenses

Down

$60,566

Down $8,666 (-13%) from 2016

Net Income

Up

$11,114

Up $19,477 (+233%) from 2016

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2014: $200,642Liabilities 2014: $68,179Net Assets 2014: $132,4632014Assets 2015: $164,946Liabilities 2015: $46,029Net Assets 2015: $118,9172015Assets 2016: $181,734Liabilities 2016: $66,964Net Assets 2016: $114,7702016Assets 2017: $176,204Liabilities 2017: $48,282Net Assets 2017: $127,9222017Assets 2018: $132,426Liabilities 2018: $100Net Assets 2018: $132,3262018Assets 2019: $160,882Liabilities 2019: $8,866Net Assets 2019: $152,0162019Assets 2020: $167,709Liabilities 2020: $0Net Assets 2020: $167,7092020Assets 2021: $184,748Liabilities 2021: $7,365Net Assets 2021: $177,3832021Assets 2022: $219,996Liabilities 2022: $0Net Assets 2022: $219,9962022Assets 2023: $246,418Liabilities 2023: $8,966Net Assets 2023: $237,4522023Assets 2024: $267,323Liabilities 2024: $8,966Net Assets 2024: $258,3572024Assets 2025: $302,352Liabilities 2025: $8,966Net Assets 2025: $293,3862025

Highlighted filing

2017

Assets$176,204
Liabilities$48,282
Net Assets$127,922

Operations Trend

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

$200K$100K$0-$100KRevenue 2014: $57,159Expenses 2014: $67,504Net Income 2014: -$10,3452014Revenue 2015: $54,106Expenses 2015: $67,747Net Income 2015: -$13,6412015Revenue 2016: $60,869Expenses 2016: $69,232Net Income 2016: -$8,3632016Revenue 2017: $71,680Expenses 2017: $60,566Net Income 2017: $11,1142017Revenue 2018: $69,940Expenses 2018: $63,661Net Income 2018: $6,2792018Revenue 2019: $72,996Expenses 2019: $54,399Net Income 2019: $18,5972019Revenue 2020: $55,683Expenses 2020: $79,193Net Income 2020: -$23,5102020Revenue 2021: $36,478Expenses 2021: $60,164Net Income 2021: -$23,6862021Revenue 2022: $180,658Expenses 2022: $134,390Net Income 2022: $46,2682022Revenue 2023: $90,995Expenses 2023: $79,722Net Income 2023: $11,2732023Revenue 2024: $91,636Expenses 2024: $67,788Net Income 2024: $23,8482024Revenue 2025: $96,408Expenses 2025: $58,933Net Income 2025: $37,4752025

Highlighted filing

2017

Revenue$71,680
Expenses$60,566
Net Income$11,114
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Sep 7, 2017
Return Version
2016v3.0
Gross Receipts
$90,545
Mission and Program Overview

Mission

The primary purpose is to support the activities of the Orchestra programs at Walton High School. This is acomplished by supporting students with respect to the study of instrumental music, fund raising

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$159,438$145,944▼ $13,494
Accounts Receivable$690--
Total Assets$181,734$176,204▼ $5,530
Other Assets Total$21,606$30,260▲ $8,654
Liabilities
Other Liabilities$64,835$48,282▼ $16,553
Accounts Payable and Accrued Expenses$2,129--
Total Liabilities$66,964$48,282▼ $18,682
Net Assets / Fund Balance
Unrestricted Net Assets$73,154$84,267▲ $11,113
Temporarily Rstr Net Assets$41,616$43,655▲ $2,039
Total Net Assets Fund Balance$114,770$127,922▲ $13,152
Total Liabilities and Net Assets / Fund Balance$181,734$176,204▼ $5,530

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$20,900--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bill AaronPresident
Donna SharpeConcert Coordinator
Winnie JeungConcert Coordinator
Teresa CornellSecretary
Mike HakimianTreasurer
Lynn SteberVice - Presdent
Revenue and Support

Revenue Composition

Contributions and Grants
$1,958
Program Service Revenue
$49,588
Investment Income
$106
Other Revenue
$20,028
All Other Contributions
$1,958
Change in Net Assets
$11,114
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$60,566
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$7,792--$7,792
Other Expenses$7,203$3,296-$7,203
All Other Expenses$5,184--$5,184
Conferences and Meetings$3,708--$3,708
Office Expenses-$3,322-$3,322
Advertising$1,807--$1,807
Information Technology-$1,427-$1,427
Travel$1,422--$1,422
Fees for Services Accounting-$930-$930
Insurance-$465-$465
Total Functional Expenses$51,126$9,440$0$60,566
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$38,893
Fundraising Direct Expenses$18,865
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Photos$6,125$6,125$3,292$2,833
Tervis$235$235-$235
Total Events$38,893$38,893$18,864$20,029
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$48,282
Student Deposits - Camp Fees-
Student Deposits - Trip Fees-
Student Deposits - Other-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The members Parents elect the members of the governing body Officers. The members approve significant decisions of the governing body.

Form 990, Part VI, Section A, Line 7A 7B

Members, officers are nominated and approved for each period according to the By-Laws. Meetings are held and minutes kept and any decisions are voted upon, approved and noted as appropriate in the minutes.

Form 990, Part VI, Section B, Line 11A

The CPA prepared Tax Return is provided to the Board members at a meeting following the completion of the return. Members review and discuss at this time.

Form 990, Part VI, Section B, Line 12A

There is a provision in the By-Laws that state No part of the net earning of the Organization shall inure to the benefit of, or be distributable to its directors, officers, or other provate persons, except that the Organization shall be authorized and empowered to pay reasonable compensation to its directors, officers and other private persons for services actually rendered and to make payments and distributions in furtherance of the purpose set forth herein.

Form 990, Part VI, Section C, Line 19

The Organizations documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Walton Raider Orchestra Guild Inc
EIN
37-1731339
Phone
7705798334
Address
1590 Bill Murdock Road, Marietta, GA 30062-5953

Signing Officer

Name
Doug Burton
Title
Treasure
Signed
2017-09-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Doug Burton
Formed
2014
Legal Domicile
Ga
Voting Board Members
9
Independent Board Members
9
Employees
0

Preparer

Firm
DEPco Accounting Services Inc
Address
3225 Shallowford Road Ste 910, Marietta, GA 30062-7029
Preparer
Donald E Potts CPA CGMA
Phone
6782132918
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Program Service Expenses 7,203, Grants and allocations 0, Revenue 0 Camp Accommodations

Form 990, Part IX, Line 11G

Payment to Contractors / Instructors / judges

Form 990, Part XII, Line 2A/2B/2C

Form 990 is prepared by an independent CPA based on documents provided by the Organization. The completed Form 990 is returned to the Treasurer for Board review and approval. At such time, Form 990 is signed and dated.

Form 990, Part XI, Line 9

Changes to Temporary Restricted Reserves of Scholarships, Silverman Memorial Fund and Student Accounts

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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt097651
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt076891
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt077734
IRS990ScheduleA/Total509Grp/TotalAmt0342715
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt090545
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt097806
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt077122
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt078043
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0343516
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt07360
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt12000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt220900
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Camp Deposits / Prepaids
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Spirit Shop Account
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Trip Deposits / Prepaids
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt048282
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Student Deposits - Camp Fees
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Student Deposits - Trip Fees
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Student Deposits - Other
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueOtherAssetsAmt030260
IRS990ScheduleD/TotalLiabilityAmt048282
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt018864
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Tervis
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Photos
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0235
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt06125
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt032533
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt038893
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0235
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt06125
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt032533
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt038893
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt020029
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt015572
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt018864
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt03292
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt04
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Program Service Expenses 7,203, Grants and allocations 0, Revenue 0 Camp Accommodations
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The members Parents elect the members of the governing body Officers. The members approve significant decisions of the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Members, officers are nominated and approved for each period according to the By-Laws. Meetings are held and minutes kept and any decisions are voted upon, approved and noted as appropriate in the minutes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The CPA prepared Tax Return is provided to the Board members at a meeting following the completion of the return. Members review and discuss at this time.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4There is a provision in the By-Laws that state No part of the net earning of the Organization shall inure to the benefit of, or be distributable to its directors, officers, or other provate persons, except that the Organization shall be authorized and empowered to pay reasonable compensation to its directors, officers and other private persons for services actually rendered and to make payments and distributions in furtherance of the purpose set forth herein.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Organizations documents are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Payment to Contractors / Instructors / judges
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Form 990 is prepared by an independent CPA based on documents provided by the Organization. The completed Form 990 is returned to the Treasurer for Board review and approval. At such time, Form 990 is signed and dated.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Changes to Temporary Restricted Reserves of Scholarships, Silverman Memorial Fund and Student Accounts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 7A 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 12A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part XII, Line 2A/2B/2C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt041616
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt043655
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0181734
IRS990/TotalAssetsEOYAmt0176204
IRS990/TotalAssetsGrp/BOYAmt0181734
IRS990/TotalAssetsGrp/EOYAmt0176204
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01958
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09440
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt051126
IRS990/TotalFunctionalExpensesGrp/TotalAmt060566
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt066964
IRS990/TotalLiabilitiesEOYAmt048282
IRS990/TotalLiabilitiesGrp/BOYAmt066964
IRS990/TotalLiabilitiesGrp/EOYAmt048282
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0114770
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0127922
IRS990/TotalOtherProgSrvcExpenseAmt07203
IRS990/TotalProgramServiceExpensesAmt051126
IRS990/TotalProgramServiceRevenueAmt049588
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt049694
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt071680
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0181734
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0176204
IRS990/TravelGrp/ProgramServicesAmt01422
IRS990/TravelGrp/TotalAmt01422
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt073154
IRS990/UnrestrictedNetAssetsGrp/EOYAmt084267
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01590 Bill Murdock Road
IRS990/USAddress/CityNm0Marietta
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd030062
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0www.waltonorchestra.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Doug Burton
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasure
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-09-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Walton Raider Orchestra Guild Inc
ReturnHeader/Filer/BusinessNameControlTxt0WALT
ReturnHeader/Filer/EIN0371731339
ReturnHeader/Filer/PhoneNum07705798334
ReturnHeader/Filer/USAddress/AddressLine1Txt01590 Bill Murdock Road
ReturnHeader/Filer/USAddress/CityNm0Marietta
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA

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