Civic Intelligence

Palmetto Percussion

990EZ • Fiscal year 2016 • EIN 45-0546648

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 03, 2017

Organization ProfileWWW.EQUINOXPERCUSSION.ORG
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

56th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

64th percentile

10.0%

Higher net margin than 64% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

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.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

84th percentile

46%

Faster asset growth than 84% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

92nd percentile

90%

Faster revenue growth than 92% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$38,578

Up $12,235 (+46%) from 2015

Net Assets

Up

$38,578

Up $12,235 (+46%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin64th percentile

Revenue

Up

$122,479

Up $57,937 (+90%) from 2015

Expenses

Up

$110,244

Up $47,080 (+75%) from 2015

Net Income

Up

$12,235

Up $10,857 (+788%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth84th percentile

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

2016

Assets$38,578
Liabilities$0
Net Assets$38,578
Open 2016 Filing

Operations Trend

Revenue Growth92nd percentile

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

2016

Revenue$122,479
Expenses$110,244
Net Income$12,235
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 3, 2017
Return Version
2016v3.0
Gross Receipts
$122,479
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.

Equinox 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$110,244
Compensation and Service Providers
Top Officer Pay75th percentile

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
2017-11-03
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: 9,740. Description: fees. Amount: 3,803. Description: floor. Amount: 10,103. Description: food. Amount: 1,027. Description: housing. Amount: 7,553. Description: insurance. Amount: 846. Description: music instrument expense. Amount: 45,840. Description: staff. Amount: 1,800. Description: travel. Amount: 17,153. Description: uniforms. Amount: 12,379. Total to form 990-ez, line 16: 110,244.”

Raw XML Appendix164 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ERIK CROOK
IRS990EZ/BooksInCareOfDetail/PhoneNum08434786573
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt015 POINT COMFORT
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0COLUMBIA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd029209
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt026343
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt038578
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt067053
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt012235
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt026343
IRS990EZ/Form990TotalAssetsGrp/EOYAmt038578
IRS990EZ/GainOrLossFromSaleOfAssetsAmt055426
IRS990EZ/GrossReceiptsAmt0122479
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt026343
IRS990EZ/NetAssetsOrFundBalancesEOYAmt038578
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt026343
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt038578
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt410.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt510.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt610.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
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
IRS990EZ/OtherExpensesTotalAmt0110244
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0EQUINOX 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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ORGANIZED AND FACILITATED REHEARSAL FOR, TRAVEL TO, AND PARTICIPATION IN NATIONAL AND INTERNATIONAL PERCUSSION COMPETITIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0110244
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SaleOfAssetsGrossAmt055426
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0SC
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0110244
IRS990EZ/TotalProgramServiceExpensesAmt0110244
IRS990EZ/TotalRevenueAmt0122479
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.EQUINOXPERCUSSION.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt067053
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt059947
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt056103
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt051980
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt053439
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0288522
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0288522
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt067053
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt059947
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt056103
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt051980
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt053439
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0288522
IRS990ScheduleA/TotalSupportAmt0288522
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: ADMINISTRATIVE EXPENSES. AMOUNT: 9,740. DESCRIPTION: FEES. AMOUNT: 3,803. DESCRIPTION: FLOOR. AMOUNT: 10,103. DESCRIPTION: FOOD. AMOUNT: 1,027. DESCRIPTION: HOUSING. AMOUNT: 7,553. DESCRIPTION: INSURANCE. AMOUNT: 846. DESCRIPTION: MUSIC INSTRUMENT EXPENSE. AMOUNT: 45,840. DESCRIPTION: STAFF. AMOUNT: 1,800. DESCRIPTION: TRAVEL. AMOUNT: 17,153. DESCRIPTION: UNIFORMS. AMOUNT: 12,379. TOTAL TO FORM 990-EZ, LINE 16: 110,244.
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/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ERIK CROOK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08434786573
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-03
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/FilingSecurityInformation/AtSubmissionCreationDeviceId0C33B79BD18B4B445F67517A6B1EADB5289EFBF82
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId065F9593A6B51D92D270018361E8BF8534766422F
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0207.144.188.146
ReturnHeader/FilingSecurityInformation/IPDt02017-11-03
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm015:14:35
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/ReturnTs02017-11-03T14:15:39-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$38,578
Liabilities
$0
Net assets
$38,578
Revenue
$122,479
Expenses
$110,244
Net income
$12,235
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$0.00$0.30$0.87$0.96$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$1.22$1.10$0.12
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.26$0.00$0.26$0.65$0.63$0.01
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.25$0.00$0.25$0.82$0.88$0.07
2013Detailed filing. Detailed filing data is available for this year.$0.32$0.32$0.71$0.71$0.00
2012Summary only. Only limited summary data is available for this year.$0.32$0.00$0.68$0.50$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.13$0.61$0.50$0.11
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.02$0.40$0.41$0.02