Civic Intelligence

Walton Raider Orchestra Guild Inc.

990 • Fiscal year 2018 • EIN 37-1731339

Jul 01, 2017 to Jun 30, 2018 • Filed on Aug 29, 2018

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

58th percentile

0.00x

Higher debt load relative to assets than 58% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

58th percentile

0.00x

Higher debt load relative to revenue than 58% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

62nd percentile

9.0%

Higher net margin than 62% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

18th percentile

-25%

Faster asset growth than 18% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

44th percentile

-2.4%

Faster revenue growth than 44% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$132,426

Down $43,778 (-25%) from 2017

Net Assets

Up

$132,326

Up $4,404 (+3.4%) from 2017

Liabilities

Down

$100

Down $48,182 (-100%) from 2017

Revenue

Down

$69,940

Down $1,740 (-2.4%) from 2017

Expenses

Up

$63,661

Up $3,095 (+5.1%) from 2017

Net Income

Down

$6,279

Down $4,835 (-44%) from 2017

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

2018

Assets$132,426
Liabilities$100
Net Assets$132,326

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

2018

Revenue$69,940
Expenses$63,661
Net Income$6,279
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Aug 29, 2018
Return Version
2017v2.3
Gross Receipts
$97,185
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$145,944$117,441▼ $28,503
Accounts Receivable-$500-
Total Assets$176,204$132,426▼ $43,778
Other Assets Total$30,260$14,485▼ $15,775
Liabilities
Other Liabilities$48,282--
Accounts Payable and Accrued Expenses-$100-
Total Liabilities$48,282$100▼ $48,182
Net Assets / Fund Balance
Unrestricted Net Assets$84,267$90,547▲ $6,280
Temporarily Rstr Net Assets$43,655$41,779▼ $1,876
Total Net Assets Fund Balance$127,922$132,326▲ $4,404
Total Liabilities and Net Assets / Fund Balance$176,204$132,426▼ $43,778

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$2,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Cindy KrakowskiPresident
Julia FrenchConcert Coordinator
Tanju TrimbleConcert Coordinator
Teresa CornellSecretary
Karen CroninTreasurer
Bevin NewtonTrip Coordinator
Tracey PittsVice - Presdent
Revenue and Support

Revenue Composition

Contributions and Grants
$61
Program Service Revenue
$52,769
Investment Income
$65
Other Revenue
$17,045
All Other Contributions
$61
Change in Net Assets
$6,279
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$63,661
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
Other Expenses$12,461$3,280-$12,461
Fees for Services Other$9,992--$9,992
Travel$5,581--$5,581
Conferences and Meetings$3,225--$3,225
Office Expenses-$2,803-$2,803
All Other Expenses$2,780--$2,780
Fees for Services Accounting-$1,740-$1,740
Advertising$429--$429
Information Technology-$274-$274
Total Functional Expenses$55,564$8,097$0$63,661
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$44,290
Fundraising Direct Expenses$27,245
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Concerts$653$653$531$122
Tervis$382$382-$382
Total Events$44,290$44,290$27,245$17,045
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-
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
Backup withholding compliance
No
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
Karen Cronin
Title
Treasure
Signed
2018-08-29
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 12,461, 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

Form 990, Part IX, Line 11G

Payment to Contractors / Instructors / judges

Form 990, Part XI, Line 9

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

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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0231
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0309
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0866
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0439835
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt097120
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt090439
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt097651
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt076891
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt077734
IRS990ScheduleA/Total509Grp/TotalAmt0439835
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt097185
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt090545
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt097806
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt077122
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt078043
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0440701
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt012485
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt12000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Camp Deposits / Prepaids
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Spirit Shop Account
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Trip Deposits / Prepaids
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/TotalBookValueOtherAssetsAmt014485
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt027245
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Concerts
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Tervis
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0653
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0382
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt043255
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt044290
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0653
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt0382
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt043255
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt044290
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt017045
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt026714
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt027245
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0531
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt06
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Program Service Expenses 12,461, 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/ExplanationTxt9Payment to Contractors / Instructors / judges
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Changes 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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt043655
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt041779
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0176204
IRS990/TotalAssetsEOYAmt0132426
IRS990/TotalAssetsGrp/BOYAmt0176204
IRS990/TotalAssetsGrp/EOYAmt0132426
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt061
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08097
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt055564
IRS990/TotalFunctionalExpensesGrp/TotalAmt063661
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt048282
IRS990/TotalLiabilitiesEOYAmt0100
IRS990/TotalLiabilitiesGrp/BOYAmt048282
IRS990/TotalLiabilitiesGrp/EOYAmt0100
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0127922
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0132326
IRS990/TotalOtherProgSrvcExpenseAmt012461
IRS990/TotalProgramServiceExpensesAmt055564
IRS990/TotalProgramServiceRevenueAmt052769
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt052834
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt069940
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0176204
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0132426
IRS990/TravelGrp/ProgramServicesAmt05581
IRS990/TravelGrp/TotalAmt05581
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt084267
IRS990/UnrestrictedNetAssetsGrp/EOYAmt090547
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/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Karen Cronin

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