Civic Intelligence

Ages Initiatives

990EZ • Fiscal year 2017 • EIN 45-4729219

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 21, 2018

5108 Kuykendall RoadCharlotte, NC 28270

(704) 719-3074

Siviq Scores

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

Liabilities / Assets

64th percentile

0.01x

Higher debt load relative to assets than 64% of similar nonprofits.

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

Liabilities / Revenue

68th percentile

0.02x

Higher debt load relative to revenue than 68% of similar nonprofits.

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

Net Margin

84th percentile

31%

Higher net margin than 84% of similar nonprofits.

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

Top Officer Pay

93rd percentile

$52,000

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 41.2% of source-year revenue.

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

Asset Growth

80th percentile

37%

Faster asset growth than 80% of similar nonprofits.

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

Revenue Growth

85th percentile

50%

Faster revenue growth than 85% of similar nonprofits.

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

Assets

Up

$156,243

Up $41,806 (+37%) from 2016

Net Assets

Up

$154,111

Up $39,674 (+35%) from 2016

Liabilities

Up

$2,132

Up $2,132 from 2016

Revenue

Up

$126,100

Up $41,889 (+50%) from 2016

Expenses

Up

$86,426

Up $70,702 (+450%) from 2016

Net Income

Down

$39,674

Down $28,813 (-42%) from 2016

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2016: $114,437Liabilities 2016: $0Net Assets 2016: $114,4372016Assets 2017: $156,243Liabilities 2017: $2,132Net Assets 2017: $154,1112017Assets 2018: $36,595Liabilities 2018: $1,743Net Assets 2018: $34,8522018Assets 2019: $36,408Liabilities 2019: $1,565Net Assets 2019: $34,8432019Assets 2020: $43,330Liabilities 2020: $48Net Assets 2020: $43,2822020

Highlighted filing

2017

Assets$156,243
Liabilities$2,132
Net Assets$154,111

Operations Trend

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

$200K$100K$0-$100K-$200KRevenue 2016: $84,211Expenses 2016: $15,724Net Income 2016: $68,4872016Revenue 2017: $126,100Expenses 2017: $86,426Net Income 2017: $39,6742017Revenue 2018: $54,658Expenses 2018: $173,917Net Income 2018: -$119,2592018Revenue 2019: $193,288Expenses 2019: $193,297Net Income 2019: -$92019Revenue 2020: $175,203Expenses 2020: $166,764Net Income 2020: $8,4392020

Highlighted filing

2017

Revenue$126,100
Expenses$86,426
Net Income$39,674
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 21, 2018
Return Version
2017v2.0
Gross Receipts
$126,100
Mission and Program Overview

Mission

AGES Initiatives, Inc. promotes and sustains the Orthodox Church's music ministry using current and emerging technologies. To that end, it is developing a multilingual digital library, rubrics engine, and applications for church, home, and classroom, as well as translation tools for use in the mission field.

Program Services

DescriptionGrantsExpenses
AGES continued to improve the quality and quantity of their library of texts and music on both the English and the Greek side.$0$5,971
AGES continued to provide thousands of pages of liturgical texts, services, and music scores, for free, to clergy, cantors, choirs and worshipers throughout the world, by means of the AGES Digital Chant Stand and continued the development of the AGES Android app.$0$4,423
AGES offered their first weekend seminar intended to provide practical preparation for Orthodox Church musicians, concentrating on Holy Week.$0$2,031
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard BarrettDirector Of OperationsFT$52,000-$52,000
William MoyePresidentPT$0--
Evelyn C KlundSecretary/Treasurer-$0--
Lea OsgoodBoard Member-$0--
John TsefrikasBoard Member-$0--
Paul BarnesBoard Member-$0--
John DalyBoard Member-$0--
Emmanuel ManosBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Ages Initiatives
EIN
45-4729219
Phone
7047193074
Address
5108 Kuykendall Road, Charlotte, NC 28270

Signing Officer

Name
Evelyn Klund
Title
Treasurer/Secretary
Phone
7047084669
Signed
2018-04-21
Discuss with paid preparer
Yes

Preparer

Firm
Charlotte Accountants LLC
Address
12214 Longmont Dr, Charlotte, NC 28277
Preparer
Madalina Lowen
Phone
9802253440
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Description;Amount^Business Registration Fees;53|Supplies;1072|Website and Internet;337|Hardware and Software;2829|Bank Fees;580|Workers Compensation Insurance;449|Travel;2792|Meals;768|Charitable Contributions;4068|Depreciation Expense;791|Special Events Expenses;794|Fundraising Fees;388^Total;14921^

Form 990-EZ, Part II, Line 26

Credit Card

Raw XML Appendix226 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/BooksInCareOfDetail/USAddress/CityNm0Charlotte
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3John Tsefrikas
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Board member
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IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0791
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt014921
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0AGES Initiatives, Inc. promotes and sustains the Orthodox Church's music ministry using current and emerging technologies. To that end, it is developing a multilingual digital library, rubrics engine, and applications for church, home, and classroom, as well as translation tools for use in the mission field.
IRS990EZ/PrintingPublicationsPostageAmt01145
IRS990EZ/ProgramServiceRevenueAmt03056
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0AGES continued to provide thousands of pages of liturgical texts, services, and music scores, for free, to clergy, cantors, choirs and worshipers throughout the world, by means of the AGES Digital Chant Stand and continued the development of the AGES Android app.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1AGES offered their first weekend seminar intended to provide practical preparation for Orthodox Church musicians, concentrating on Holy Week.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2AGES continued to improve the quality and quantity of their library of texts and music on both the English and the Greek side.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt04423
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt12031
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt25971
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/TotalExpensesAmt086426
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IRS990EZ/TransactionWithControlEntInd00
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.agesinitiatives.org
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0$12,000 given in 2013 (previously reported incorrectly under the 2012 column) from two contributors to be used exclusively for project development costs, $25,000 given in 2016 as a one time gift, $32,679 given in 2016 as a one time gift from sale of stock, $10 bank deposit error in 2014, $81,000 three gifts from board member in 2017 $5,000 one time foundation gift in 2017 $7,361.89 three foundation gifts in 2017
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt029637
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt024739
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt032854
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt027334
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt024152
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0138716
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IRS990ScheduleA/TotalSupportAmt0301920
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IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^Business Registration Fees;53|Supplies;1072|Website and Internet;337|Hardware and Software;2829|Bank Fees;580|Workers Compensation Insurance;449|Travel;2792|Meals;768|Charitable Contributions;4068|Depreciation Expense;791|Special Events Expenses;794|Fundraising Fees;388^Total;14921^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Credit Card
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 26
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Evelyn Klund
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer/Secretary
ReturnHeader/BusinessOfficerGrp/PhoneNum07047084669
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-04-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AGES INITIATIVES
ReturnHeader/Filer/BusinessNameControlTxt0AGES
ReturnHeader/Filer/EIN0454729219
ReturnHeader/Filer/PhoneNum07047193074
ReturnHeader/Filer/USAddress/AddressLine1Txt05108 Kuykendall Road
ReturnHeader/Filer/USAddress/CityNm0Charlotte
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028270
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt098.24.76.91
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Charlotte Accountants LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt012214 Longmont Dr
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Charlotte
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028277
ReturnHeader/PreparerPersonGrp/PhoneNum09802253440
ReturnHeader/PreparerPersonGrp/PreparationDt02018-04-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Madalina Lowen
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-04-23T17:03:18-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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