Civic Intelligence

Palmetto Percussion

990EZ • Fiscal year 2015 • EIN 45-0546648

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 15, 2016

15 Point ComfortColumbia, SC 29209

(843) 478-6573

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

47th percentile

2.1%

Higher net margin than 47% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

57th percentile

5.5%

Faster asset growth than 57% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

23rd percentile

-21%

Faster revenue growth than 23% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$26,343

Up $1,378 (+5.5%) from 2014

Net Assets

Up

$26,343

Up $1,378 (+5.5%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Down

$64,542

Down $17,248 (-21%) from 2014

Expenses

Down

$63,164

Down $25,182 (-29%) from 2014

Net Income

Up

$1,378

Up $7,934 (+121%) from 2014

Historical Trend

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2010: $1,834Net Assets 2010: $1,8342010Assets 2011: $12,863Net Assets 2011: $12,8632011Assets 2012: $31,783Liabilities 2012: $02012Assets 2013: $31,521Net Assets 2013: $31,5212013Assets 2014: $24,965Liabilities 2014: $0Net Assets 2014: $24,9652014Assets 2015: $26,343Liabilities 2015: $0Net Assets 2015: $26,3432015Assets 2016: $38,578Liabilities 2016: $0Net Assets 2016: $38,5782016Assets 2017: $29,595Liabilities 2017: $0Net Assets 2017: $29,5952017

Highlighted filing

2015

Assets$26,343
Liabilities$0
Net Assets$26,343

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2010: $39,925Expenses 2010: $41,447Net Income 2010: -$1,5222010Revenue 2011: $61,334Expenses 2011: $50,305Net Income 2011: $11,0292011Revenue 2012: $68,476Expenses 2012: $49,629Net Income 2012: $18,8472012Revenue 2013: $70,991Expenses 2013: $71,253Net Income 2013: -$2622013Revenue 2014: $81,790Expenses 2014: $88,346Net Income 2014: -$6,5562014Revenue 2015: $64,542Expenses 2015: $63,164Net Income 2015: $1,3782015Revenue 2016: $122,479Expenses 2016: $110,244Net Income 2016: $12,2352016Revenue 2017: $87,483Expenses 2017: $96,466Net Income 2017: -$8,9832017

Highlighted filing

2015

Revenue$64,542
Expenses$63,164
Net Income$1,378
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 15, 2016
Return Version
2015v2.1
Gross Receipts
$64,542
Mission and Program Overview

Mission

Palmetto percussion exists to help improve the standards of percussion performance and education in south carolina and to help with the development of personal character through challenging physical, mental, emotional, and social activities.

Program Services

DescriptionGrantsExpenses
ORGANIZED AND FACILITATED REHEARSAL FOR, TRAVEL TO, AND PARTICIPATION IN NATIONAL AND INTERNATIONAL PERCUSSION COMPETITIONS.$0$57,868
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ERIK CROOKBoard President-$0--
CALE GUSTAFSONBoard Member-$0--
BRYAN BONEBoard Member-$0--
BRANDON ARVAYBoard Member-$0--
JOEL GARDNERExecutive DirectorPT$0--
TIM DAVISAssistant DirectorPT$0--
CHRIS MCELROYAssistant DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Palmetto Percussion
EIN
45-0546648
Phone
8434786573
Address
15 POINT COMFORT, COLUMBIA, SC 29209

Signing Officer

Name
Erik Crook
Title
Board President
Phone
8434786573
Signed
2016-08-15
Discuss with paid preparer
Yes

Preparer

Firm
J W Hunt and Company Llp
Address
PO BOX 265, COLUMBIA, SC 29202
Preparer
William T Pouncey
Phone
8032548196
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: administrative expenses. Amount: 5,297. Description: fees. Amount: 2,417. Description: floor. Amount: 1,412. Description: food. Amount: 2,051. Description: housing. Amount: 7,522. Description: insurance. Amount: 849. Description: music instrument expense. Amount: 12,599. Description: staff. Amount: 1,800. Description: travel. Amount: 16,989. Description: uniforms. Amount: 10,039. Description: refunds/reimbursements. Amount: 2,189. Total to form 990-ez, line 16: 63,164.

Raw XML Appendix157 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ERIK CROOK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CALE GUSTAFSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2BRYAN BONE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3BRANDON ARVAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JOEL GARDNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5TIM DAVIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6CHRIS MCELROY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5ASSISTANT DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6ASSISTANT DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
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IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0PALMETTO PERCUSSION EXISTS TO HELP IMPROVE THE STANDARDS OF PERCUSSION PERFORMANCE AND EDUCATION IN SOUTH CAROLINA AND TO HELP WITH THE DEVELOPMENT OF PERSONAL CHARACTER THROUGH CHALLENGING PHYSICAL, MENTAL, EMOTIONAL, AND SOCIAL ACTIVITIES.
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IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SaleOfAssetsGrossAmt04595
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IRS990EZ/SchoolOperatingInd00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalProgramServiceExpensesAmt057868
IRS990EZ/TotalRevenueAmt064542
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.PALMETTOPERCUSSION.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt059947
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IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt059947
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0274647
IRS990ScheduleA/TotalSupportAmt0274647
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: ADMINISTRATIVE EXPENSES. AMOUNT: 5,297. DESCRIPTION: FEES. AMOUNT: 2,417. DESCRIPTION: FLOOR. AMOUNT: 1,412. DESCRIPTION: FOOD. AMOUNT: 2,051. DESCRIPTION: HOUSING. AMOUNT: 7,522. DESCRIPTION: INSURANCE. AMOUNT: 849. DESCRIPTION: MUSIC INSTRUMENT EXPENSE. AMOUNT: 12,599. DESCRIPTION: STAFF. AMOUNT: 1,800. DESCRIPTION: TRAVEL. AMOUNT: 16,989. DESCRIPTION: UNIFORMS. AMOUNT: 10,039. DESCRIPTION: REFUNDS/REIMBURSEMENTS. AMOUNT: 2,189. TOTAL TO FORM 990-EZ, LINE 16: 63,164.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ERIK CROOK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08434786573
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-08-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PALMETTO PERCUSSION
ReturnHeader/Filer/BusinessNameControlTxt0PALM
ReturnHeader/Filer/EIN0450546648
ReturnHeader/Filer/PhoneNum08434786573
ReturnHeader/Filer/USAddress/AddressLine1Txt015 POINT COMFORT
ReturnHeader/Filer/USAddress/CityNm0COLUMBIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029209
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0570138290
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0J W HUNT AND COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 265
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COLUMBIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029202
ReturnHeader/PreparerPersonGrp/PhoneNum08032548196
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM T POUNCEY
ReturnHeader/ReturnTs02016-08-15T12:23:50-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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Filings