Liabilities / Assets
100th percentile
Higher debt load relative to assets than 100% of similar nonprofits.
EIN 45-5246542 • 501(c)3 • Eustis, FL
Profile
To provide training and performance opportunities to the youth of central florida in singing,dancing and acting.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
100th percentile
Higher debt load relative to assets than 100% of similar nonprofits.
Liabilities / Revenue
94th percentile
Higher debt load relative to revenue than 94% of similar nonprofits.
Net Margin
32nd percentile
Higher net margin than 32% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
11th percentile
Faster asset growth than 11% of similar nonprofits.
Revenue Growth
21st percentile
Faster revenue growth than 21% of similar nonprofits.
Assets
Down$789
Down $6,122 (-89%) from 2019
Liabilities
Up$96,370
Up $3,778 (+4.1%) from 2019
Net Assets
Down-$95,581
Down $9,900 (-12%) from 2019
Revenue
Down$120,421
Down $74,093 (-38%) from 2019
Expenses
Down$130,321
Down $75,531 (-37%) from 2019
Net Income
Up-$9,900
Up $1,438 (+13%) from 2019
Most recent year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
To provide training and performance opportunities to the youth of central florida in singing,dancing and acting.
| Description | Grants | Expenses |
|---|---|---|
| ELEVATE STUDIOS HAS SERVED THROUGH LESSONS, CLASSES, PRIVATE LESSONS, CAMPS AND PERFORMANCE OPPORTUNITIES APPROXIMATELY 100 YOUTH PER YEAR. | $0 | $0 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| AL RITCHIE | President | - | $0 | - | - |
| CHERYL RITCHIE | VP/Exec Director | FT | $0 | - | - |
| DANIEL JAMES | Sect/Treas | - | $0 | - | - |
| RAYFORD DAVE LYNN | Director | - | $0 | - | - |
“Description: depreciation. Amount: 706. Description: other expenses. Amount: 43,051. Total to form 990-ez, line 14: 43,757.”
“Description: program services. Amount: 70,319. Description: advertising. Amount: 310. Description: bank and merchant fees. Amount: 585. Description: insurance. Amount: 1,023. Description: office expense. Amount: 3,083. Description: refunds. Amount: 3,663. Description: computer and internet expense. Amount: 175. Description: subscriptions. Amount: 2,778. Description: meals and entertainment. Amount: 248. Description: travel. Amount: 137. Description: other business expenses. Amount: 3,468. Total to form 990-ez, line 16: 85,789.”
“Description: other depreciable assets. Beg. Of year amount: 776. End of year amount: 161.”
“Description: accounts payable. Beg. Of year amount: 135. End of year amount: 135. Description: payable to member. Beg. Of year amount: 92,457. End of year amount: 96,235.”
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/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | CHERYL RITCHIE |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4073330021 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 300 SAINT LAURENT STREET STE 152 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | LONGWOOD |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | FL |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 32750 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 6135 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 628 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 96235 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -9900 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 775 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 6911 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 789 |
| IRS990EZ/GrossReceiptsAmt | 0 | 120421 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LoansToFromOfficersAmt | 0 | 96235 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 1 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -85681 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -95581 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -85681 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -95581 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 43757 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | AL RITCHIE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | CHERYL RITCHIE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | DANIEL JAMES |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | RAYFORD DAVE LYNN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VP/EXEC DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECT/TREAS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 776 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 161 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 85789 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROVIDE TRAINING AND PERFORMANCE OPPORTUNITIES TO THE YOUTH OF CENTRAL FLORIDA IN SINGING,DANCING AND ACTING. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 120421 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | ELEVATE STUDIOS HAS SERVED THROUGH LESSONS, CLASSES, PRIVATE LESSONS, CAMPS AND PERFORMANCE OPPORTUNITIES APPROXIMATELY 100 YOUTH PER YEAR. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 92592 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 96370 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 130321 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 120421 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | ELEVATESTUDIOS.ORG |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 2814 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 2814 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 120421 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 194514 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 171244 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 121513 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 114436 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 722128 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 724942 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 120421 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 194514 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 174058 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 121513 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 114436 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 724942 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 120421 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 194514 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 174058 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 121513 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 114436 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 724942 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 96235 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | OPERATING LOAN |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 64862 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | AL RITCHIE |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | BOARD PRESIDENT |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | 0 |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 96235 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: DEPRECIATION. AMOUNT: 706. DESCRIPTION: OTHER EXPENSES. AMOUNT: 43,051. TOTAL TO FORM 990-EZ, LINE 14: 43,757. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: PROGRAM SERVICES. AMOUNT: 70,319. DESCRIPTION: ADVERTISING. AMOUNT: 310. DESCRIPTION: BANK AND MERCHANT FEES. AMOUNT: 585. DESCRIPTION: INSURANCE. AMOUNT: 1,023. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 3,083. DESCRIPTION: REFUNDS. AMOUNT: 3,663. DESCRIPTION: COMPUTER AND INTERNET EXPENSE. AMOUNT: 175. DESCRIPTION: SUBSCRIPTIONS. AMOUNT: 2,778. DESCRIPTION: MEALS AND ENTERTAINMENT. AMOUNT: 248. DESCRIPTION: TRAVEL. AMOUNT: 137. DESCRIPTION: OTHER BUSINESS EXPENSES. AMOUNT: 3,468. TOTAL TO FORM 990-EZ, LINE 16: 85,789. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 776. END OF YEAR AMOUNT: 161. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 135. END OF YEAR AMOUNT: 135. DESCRIPTION: PAYABLE TO MEMBER. BEG. OF YEAR AMOUNT: 92,457. END OF YEAR AMOUNT: 96,235. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 14 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE 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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | CHERYL RITCHIE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | VP/EXEC DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4073330021 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-02-11 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ELEVATE STUDIOS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ELEV |
| ReturnHeader/Filer/EIN | 0 | 455246542 |
| ReturnHeader/Filer/PhoneNum | 0 | 4073330021 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 3009 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | EUSTIS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 32727 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 261472386 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SCHAFER TSCHOPP ET AL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 541 S ORLANDO AVE STE 300 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | MAITLAND |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 32751 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4078393330 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-02-11 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MICHAEL R SCHAFER |
| ReturnHeader/ReturnTs | 0 | 2022-02-25T08:40:58-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | CHERYL |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | RITCHIE |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
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