Civic Intelligence

First Artist Foundation Inc

990EZ • Fiscal year 2018 • EIN 47-4190837

Jun 01, 2017 to May 31, 2018 • Filed on Oct 12, 2018

1050 Crowne Point ParkwayAtlanta, GA 30338

(877) 829-5500

Siviq Scores

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

Liabilities / Assets

69th percentile

0.03x

Higher debt load relative to assets than 69% of similar nonprofits.

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

Liabilities / Revenue

67th percentile

0.01x

Higher debt load relative to revenue than 67% of similar nonprofits.

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

Net Margin

79th percentile

24%

Higher net margin than 79% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

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

Asset Growth

89th percentile

83%

Faster asset growth than 89% of similar nonprofits.

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

Revenue Growth

88th percentile

60%

Faster revenue growth than 88% of similar nonprofits.

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

Assets

Up

$89,443

Up $40,435 (+83%) from 2017

Net Assets

Up

$87,177

Up $38,169 (+78%) from 2017

Liabilities

$2,266

No earlier filing loaded for comparison.

Revenue

Up

$160,010

Up $60,004 (+60%) from 2017

Expenses

Up

$121,841

Up $60,821 (+100%) from 2017

Net Income

Down

$38,169

Down $817 (-2.1%) from 2017

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: $10,022Liabilities 2016: $0Net Assets 2016: $10,0222016Assets 2017: $49,008Net Assets 2017: $49,0082017Assets 2018: $89,443Liabilities 2018: $2,266Net Assets 2018: $87,1772018Assets 2019: $169,101Liabilities 2019: $02019Assets 2020: $170,719Liabilities 2020: $02020Assets 2021: $20,719Liabilities 2021: $02021Assets 2022: $72,097Net Assets 2022: $72,0972022Assets 2023: $49,868Net Assets 2023: $49,8682023Assets 2024: $19,780Net Assets 2024: $19,7802024Assets 2025: $19,614Net Assets 2025: $19,6142025

Highlighted filing

2018

Assets$89,443
Liabilities$2,266
Net Assets$87,177

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2016: $300,100Expenses 2016: $290,078Net Income 2016: $10,0222016Revenue 2017: $100,006Expenses 2017: $61,020Net Income 2017: $38,9862017Revenue 2018: $160,010Expenses 2018: $121,841Net Income 2018: $38,1692018Revenue 2019: $150,001Expenses 2019: $68,077Net Income 2019: $81,9242019Revenue 2020: $1,670Expenses 2020: $52Net Income 2020: $1,6182020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $84,550Expenses 2022: $33,172Net Income 2022: $51,3782022Revenue 2023: $84,500Expenses 2023: $106,729Net Income 2023: -$22,2292023Revenue 2024: $3,693Expenses 2024: $33,781Net Income 2024: -$30,0882024Expenses 2025: $1652025

Highlighted filing

2018

Revenue$160,010
Expenses$121,841
Net Income$38,169
Jump To
Filing Snapshot
Filing Period
Jun 1, 2017 to May 31, 2018
Signed
Oct 12, 2018
Return Version
2017v2.2
Gross Receipts
$160,010
Mission and Program Overview

Mission

Empower emerging artists accross the creative economy to make a sustainable living through their art by delivering them knowledge, opportunities, and grants to develop their creative projects.

Program Services

DescriptionGrantsExpenses
DELIVERING KNOWLEDGE OF OPPORTUNITIES AND GRANTS TO ARTISTS.$121,842-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KYLE PHILLIPBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
First Artist Foundation Inc
EIN
47-4190837
Phone
8778295500
Address
1050 CROWNE POINT PARKWAY, ATLANTA, GA 30338

Signing Officer

Name
Kyle Phillip
Title
Board Member
Signed
2018-10-12
Discuss with paid preparer
Yes

Preparer

Firm
Agl CPA Group LLC
Address
2810 Premiere Pkwy Suite 200, Duluth, GA 30097
Preparer
James P Leutenegger CPA
Phone
7706222982
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $658

Other Expenses.1005

Travel $1201

Other Expenses.1

Payroll Reimbursement $46961

Other Expenses.2

Cloud hosting $31745

Other Expenses.3

TELEPHONE $1350

Other Expenses.4

Taxes & Licenses $980

Other Expenses.5

BANK CHARGES $417

Other Expenses.6

MISCELLANEOUS $297

Other Assets.1006

Pledges and Grants Receivable - Beginning $0 Pledges and Grants Receivable - Ending $50000

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $2266

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.

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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ATLANTA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0DELIVERING KNOWLEDGE OF OPPORTUNITIES AND GRANTS TO ARTISTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0121842
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IRS990EZ/TotalExpensesAmt0121841
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IRS990EZ/TotalRevenueAmt0160010
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel $1201
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Payroll Reimbursement $46961
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Cloud hosting $31745
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BANK CHARGES $417
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ReturnHeader/BuildTS02018-06-14 16:35:46Z
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ReturnHeader/Filer/EIN0474190837
ReturnHeader/Filer/PhoneNum08778295500
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ReturnHeader/PreparerPersonGrp/PhoneNum07706222982
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0James P Leutenegger CPA
ReturnHeader/ReturnTs02018-10-12T12:31:12-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-06-01
ReturnHeader/TaxPeriodEndDt02018-05-31
ReturnHeader/TaxYr02017

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Filings