Civic Intelligence

Victory World Music

EIN 46-0790343 • 501(c)3 • Norcross, GA

Profile

Ministry through the arts to create a multi-cultural worship experience.

5985 Financial DriveNorcross, GA 30071

www.victoryworldmusic.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

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

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

Liabilities / Revenue

62nd percentile

0.00x

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

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

Net Margin

88th percentile

46%

Higher net margin than 88% of similar nonprofits.

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

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

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

Asset Growth

82nd percentile

34%

Faster asset growth than 82% of similar nonprofits.

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

Revenue Growth

14th percentile

-63%

Faster revenue growth than 14% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$9,731

Up $2,460 (+34%) from 2017

Liabilities

Flat

$0

Flat from 2017

Net Assets

$9,731

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue62nd percentileNet Margin88th percentile

Revenue

Down

$5,360

Down $8,948 (-63%) from 2017

Expenses

Down

$2,900

Down $2,740 (-49%) from 2017

Net Income

Down

$2,460

Down $6,208 (-72%) from 2017

Trend Graphs

Balance Sheet Trend

Asset Growth82nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30K$20K$10K$0Assets 2013: $23,057Liabilities 2013: $13,2792013Assets 2014: $8,600Liabilities 2014: $1,057Net Assets 2014: $7,5432014Assets 2015: $7,602Liabilities 2015: $909Net Assets 2015: $6,6932015Assets 2016: $3,078Liabilities 2016: $4,4752016Assets 2017: $7,271Liabilities 2017: $02017Assets 2018: $9,731Liabilities 2018: $0Net Assets 2018: $9,7312018

Highlighted filing

2018

Assets$9,731
Liabilities$0
Net Assets$9,731
Open 2018 Filing

Operations Trend

Revenue Growth14th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2013: $122,739Expenses 2013: $112,961Net Income 2013: $9,7782013Revenue 2014: $58,645Expenses 2014: $60,880Net Income 2014: -$2,2352014Revenue 2015: $17,073Expenses 2015: $17,923Net Income 2015: -$8502015Revenue 2016: $5,438Expenses 2016: $13,528Net Income 2016: -$8,0902016Revenue 2017: $14,308Expenses 2017: $5,640Net Income 2017: $8,6682017Revenue 2018: $5,360Expenses 2018: $2,900Net Income 2018: $2,4602018

Highlighted filing

2018

Revenue$5,360
Expenses$2,900
Net Income$2,460
Open 2018 Filing

Filings

Most recent year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,731
Liabilities
$0
Net assets
$9,731
Revenue
$5,360
Expenses
$2,900
Net income
$2,460
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$0.05$0.03$0.02
2017Summary only. Only limited summary data is available for this year.$0.07$0.00$0.14$0.06$0.09
2016Summary only. Only limited summary data is available for this year.$0.03$0.04$0.05$0.14$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.08$0.01$0.07$0.17$0.18$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.09$0.01$0.08$0.59$0.61$0.02
2013Summary only. Only limited summary data is available for this year.$0.23$0.13$1.23$1.13$0.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 15, 2019
Return Version
2017v2.2
Gross Receipts
$5,360
Mission and Program Overview

Mission

Ministry through the arts to create a multi-cultural worship experience.

Program Services

DescriptionGrantsExpenses
THE MISSION OF THE ORGANIZATION IS THE CREATION OF MUSIC, VIDEO AND LIVE PERFORMANCES EMBRACING VARIOUS DIVERSE DEMOGRAPHICS, NATIONALITIES AND SOCIO-ECOMOMIC BACKGROUNDS JOINED TOGETHER WITH A COMMON THREAD OF AN AUTHENTIC WORSHIP EXPERIENCE.-$2,460
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID NOWAKCorporate SecretaryPT$0--
GARY WALDERICHTreasurerPT$0--
KYLE CRUZVice PresidentPT$0--
MONTELL JORDANPresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Victory World Music Inc
EIN
46-0790343
Phone
7708499400
Address
5985 FINANCIAL DRIVE, NORCROSS, GA 30071

Signing Officer

Name
Gary Walderich
Title
Treasurer
Phone
7708499400
Signed
2019-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Martin Harps Syphoe & Co
Address
167 TRINITY AVE SW, ATLANTA, GA 30303
Preparer
Kenneth Syphoe
Phone
4045253508
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“INSURANCE 1710.”

Form 990EZ, Part I, Line 16

“Bank charges & bankcard fees 1190.”

Raw XML Appendix145 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0VICTORY WORLD CHURCH INC
IRS990EZ/BooksInCareOfDetail/PhoneNum07708499400
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt05905 BROOK HOLLOW PARKWAY
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NORCROSS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd030071
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt07271
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt09731
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt05000
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt02460
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt07271
IRS990EZ/Form990TotalAssetsGrp/EOYAmt09731
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt0360
IRS990EZ/GrossReceiptsAmt05360
IRS990EZ/GrossSalesOfInventoryAmt0360
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt07271
IRS990EZ/NetAssetsOrFundBalancesEOYAmt09731
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt07271
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt09731
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAVID NOWAK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1GARY WALDERICH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KYLE CRUZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MONTELL JORDAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CORPORATE SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt02900
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0MINISTRY THROUGH THE ARTS TO CREATE A MULTI-CULTURAL WORSHIP EXPERIENCE.
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE MISSION OF THE ORGANIZATION IS THE CREATION OF MUSIC, VIDEO AND LIVE PERFORMANCES EMBRACING VARIOUS DIVERSE DEMOGRAPHICS, NATIONALITIES AND SOCIO-ECOMOMIC BACKGROUNDS JOINED TOGETHER WITH A COMMON THREAD OF AN AUTHENTIC WORSHIP EXPERIENCE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt02460
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0GA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt02900
IRS990EZ/TotalProgramServiceExpensesAmt02460
IRS990EZ/TotalRevenueAmt05360
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.victoryworldmusic.com
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt05000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt06887
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt017334
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt029221
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0360
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt09863
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt06650
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt017986
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt042363
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt077222
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct00.87140
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0106443
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt05360
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt09863
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt06650
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt024873
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt059697
IRS990ScheduleA/Total509Grp/TotalAmt0106443
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0106443
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INSURANCE 1710.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BANK CHARGES & BANKCARD FEES 1190.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GARY WALDERICH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07708499400
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VICTORY WORLD MUSIC INC
ReturnHeader/Filer/BusinessNameControlTxt0VICT
ReturnHeader/Filer/EIN0460790343
ReturnHeader/Filer/PhoneNum07708499400
ReturnHeader/Filer/USAddress/AddressLine1Txt05985 FINANCIAL DRIVE
ReturnHeader/Filer/USAddress/CityNm0NORCROSS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030071
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId04BB778DA1ED1612ADBDDEA770ADA206B0A34D5EA
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId04BB778DA1ED1612ADBDDEA770ADA206B0A34D5EA
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0172.12.148.51
ReturnHeader/FilingSecurityInformation/IPDt02019-05-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm012:05:29
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MARTIN HARPS SYPHOE & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0167 TRINITY AVE SW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ATLANTA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030303
ReturnHeader/PreparerPersonGrp/PhoneNum04045253508
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KENNETH SYPHOE
ReturnHeader/ReturnTs02019-05-15T12:05:38-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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