Civic Intelligence

Phoenicia Forge Art Center Ltd

990 • Fiscal year 2014 • EIN 51-0165607

Jan 01, 2014 to Dec 31, 2014 • Filed on Apr 28, 2015

740 Woodland Valley RoadPhoenicia, NY 12464

(845) 688-5773

Siviq Scores

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

Liabilities / Assets

90th percentile

0.87x

Higher debt load relative to assets than 90% of similar nonprofits.

2014 filings • NTEE A • <$500k nonprofits • Source year 2014

Liabilities / Revenue

96th percentile

1.16x

Higher debt load relative to revenue than 96% of similar nonprofits.

2014 filings • NTEE A • <$500k nonprofits • Source year 2014

Net Margin

92nd percentile

48%

Higher net margin than 92% of similar nonprofits.

2014 filings • NTEE A • <$500k nonprofits • Source year 2014

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2014 filings • NTEE A • <$500k nonprofits • Source year 2014

Asset Growth

76th percentile

31%

Faster asset growth than 76% of similar nonprofits.

2014 filings • NTEE A • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

46th percentile

-0.0%

Faster revenue growth than 46% of similar nonprofits.

2014 filings • NTEE A • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$6,075

Up $1,450 (+31%) from 2013

Net Assets

Up

$783

Up $2,174 (+156%) from 2013

Liabilities

Down

$5,292

Down $724 (-12%) from 2013

Revenue

Down

$4,573

Down $1 (-0.0%) from 2013

Expenses

Up

$2,399

Up $236 (+11%) from 2013

Net Income

Down

$2,174

Down $237 (-9.8%) from 2013

Historical Trend

Balance Sheet Trend

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

$15K$10K$5.0K$0-$5.0K-$10KAssets 2010: $2,956Liabilities 2010: $5,968Net Assets 2010: -$3,0122010Assets 2011: $3,034Liabilities 2011: $8,468Net Assets 2011: -$5,4342011Assets 2012: $4,252Liabilities 2012: $8,054Net Assets 2012: -$3,8022012Assets 2013: $4,625Liabilities 2013: $6,016Net Assets 2013: -$1,3912013Assets 2014: $6,075Liabilities 2014: $5,292Net Assets 2014: $7832014Assets 2015: $7,362Liabilities 2015: $5,292Net Assets 2015: $2,0702015Assets 2016: $9,154Liabilities 2016: $5,292Net Assets 2016: $3,8622016Assets 2017: $11,253Liabilities 2017: $5,292Net Assets 2017: $5,9612017Assets 2018: $3,254Liabilities 2018: $0Net Assets 2018: $3,2542018Assets 2019: $9,387Liabilities 2019: $0Net Assets 2019: $9,3872019Assets 2020: $9,524Liabilities 2020: $02020

Highlighted filing

2014

Assets$6,075
Liabilities$5,292
Net Assets$783

Operations Trend

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

$20K$10K$0-$10KExpenses 2010: $2,7692010Expenses 2011: $3,4272011Revenue 2012: $3,880Expenses 2012: $2,248Net Income 2012: $1,6322012Revenue 2013: $4,574Expenses 2013: $2,163Net Income 2013: $2,4112013Revenue 2014: $4,573Expenses 2014: $2,399Net Income 2014: $2,1742014Revenue 2015: $4,573Expenses 2015: $3,286Net Income 2015: $1,2872015Revenue 2016: $7,347Expenses 2016: $5,555Net Income 2016: $1,7922016Revenue 2017: $7,695Expenses 2017: $5,596Net Income 2017: $2,0992017Revenue 2018: $6,647Expenses 2018: $9,354Net Income 2018: -$2,7072018Revenue 2019: $19,657Expenses 2019: $13,524Net Income 2019: $6,1332019Revenue 2020: $3,573Expenses 2020: $3,666Net Income 2020: -$932020

Highlighted filing

2014

Revenue$4,573
Expenses$2,399
Net Income$2,174
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Apr 28, 2015
Return Version
2014v5.0
Gross Receipts
$4,573
Mission and Program Overview

Mission

CULTURAL ADVANCEMENT

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,067$3,506▲ $1,439
Savings and Temporary Cash Investments$2,558$2,569▲ $11
Total Assets$4,625$6,075▲ $1,450
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,016$5,292▼ $724
Total Liabilities$6,016$5,292▼ $724
Net Assets / Fund Balance
Unrestricted Net Assets$-1,391$783▲ $2,174
Total Net Assets Fund Balance$-1,391$783▲ $2,174
Total Liabilities and Net Assets / Fund Balance$4,625$6,075▲ $1,450
Compensation and Service Providers

Board Members and Trustees

NameTitle
Doris MorehouseBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$13
Other Revenue
$4,560
Change in Net Assets
$2,174
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,399
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy-$1,688-$1,688
Fees for Services Accounting-$300-$300
Other Expenses$158--$158
Total Functional Expenses$411$1,988$0$2,399
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Phoenicia Forge Art Center Ltd
EIN
51-0165607
Address
740 WOODLAND VALLEY ROAD, PHOENICIA, NY 12464

Signing Officer

Name
Dakin Morehouse
Title
President
Signed
2015-04-28
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
1
Independent Board Members
1
Employees
0

Preparer

Firm
Berardi Gottstine & Miller Cpas
Address
PO BOX 5030, KINGSTON, NY 12402
Preparer
William F Berardi
Phone
8453381619
Raw XML Appendix235 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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ReturnHeader/BuildTS02016-04-25 22:37:26Z
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ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

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Filings