Civic Intelligence

Trinity Quartet

990EZ • Fiscal year 2023 • EIN 56-2224667

Jan 01, 2023 to Dec 31, 2023 • Filed on May 07, 2024

Organization ProfileWWW.TRINITYQUARTET.COM
208 Gregg StreetArchdale, NC 27263

(336) 861-7269

Siviq Scores

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

Liabilities / Assets

54th percentile

0.00x

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

2023 filings • NTEE A • <$500k nonprofits • Source year 2023

Liabilities / Revenue

54th percentile

0.00x

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

2023 filings • NTEE A • <$500k nonprofits • Source year 2023

Net Margin

79th percentile

33%

Higher net margin than 79% of similar nonprofits.

2023 filings • NTEE A • <$500k nonprofits • Source year 2023

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2023 filings • NTEE A • <$500k nonprofits • Source year 2023

Asset Growth

60th percentile

7.5%

Faster asset growth than 60% of similar nonprofits.

2023 filings • NTEE A • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

84th percentile

92%

Faster revenue growth than 84% of similar nonprofits.

2023 filings • NTEE A • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets54th percentile

Assets

Flat

$104,130

Flat from 2023

Net Assets

$104,130

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2023

Revenue And Expenses
Liabilities / Revenue54th percentileNet Margin79th percentile

Revenue

Flat

$21,855

Flat from 2023

Expenses

Flat

$14,551

Flat from 2023

Net Income

Flat

$7,304

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

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

$150K$100K$50K$0Assets 2011: $88,465Liabilities 2011: $16,5922011Assets 2012: $88,894Liabilities 2012: $17,6612012Assets 2013: $91,724Liabilities 2013: $15,6092013Assets 2014: $89,440Liabilities 2014: $11,8372014Assets 2015: $90,102Liabilities 2015: $11,3552015Assets 2016: $93,052Liabilities 2016: $11,7842016Assets 2017: $89,860Liabilities 2017: $8,155Net Assets 2017: $81,7052017Assets 2018: $90,359Liabilities 2018: $4,9202018Assets 2019: $92,389Liabilities 2019: $0Net Assets 2019: $92,3892019Assets 2020: $95,957Liabilities 2020: $0Net Assets 2020: $95,9572020Assets 2021: $98,870Liabilities 2021: $0Net Assets 2021: $98,8702021Assets 2022: $96,826Liabilities 2022: $0Net Assets 2022: $96,8262022Assets 2023: $104,130Liabilities 2023: $0Net Assets 2023: $104,1302023Assets 2023: $104,130Liabilities 2023: $02023Assets 2024: $107,782Liabilities 2024: $0Net Assets 2024: $107,7822024

Highlighted filing

2023

Assets$104,130
Liabilities$0
Net Assets$104,130
Open 2023 Filing

Operations Trend

Revenue Growth84th percentile

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

$40K$20K$0-$20KRevenue 2011: $13,531Expenses 2011: $12,723Net Income 2011: $8082011Revenue 2012: $10,023Expenses 2012: $10,663Net Income 2012: -$6402012Revenue 2013: $14,072Expenses 2013: $9,190Net Income 2013: $4,8822013Revenue 2014: $14,339Expenses 2014: $12,851Net Income 2014: $1,4882014Revenue 2015: $13,117Expenses 2015: $11,973Net Income 2015: $1,1442015Revenue 2016: $20,087Expenses 2016: $17,566Net Income 2016: $2,5212016Revenue 2017: $25,759Expenses 2017: $25,322Net Income 2017: $4372017Revenue 2018: $39,332Expenses 2018: $35,598Net Income 2018: $3,7342018Revenue 2019: $34,348Expenses 2019: $27,398Net Income 2019: $6,9502019Revenue 2020: $13,009Expenses 2020: $9,441Net Income 2020: $3,5682020Revenue 2021: $9,699Expenses 2021: $6,786Net Income 2021: $2,9132021Revenue 2022: $11,403Expenses 2022: $13,447Net Income 2022: -$2,0442022Revenue 2023: $21,855Expenses 2023: $14,551Net Income 2023: $7,3042023Revenue 2023: $21,855Expenses 2023: $14,551Net Income 2023: $7,3042023Revenue 2024: $24,056Expenses 2024: $20,404Net Income 2024: $3,6522024

Highlighted filing

2023

Revenue$21,855
Expenses$14,551
Net Income$7,304
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 7, 2024
Return Version
2023v5.0
Gross Receipts
$21,855
Mission and Program Overview

Mission

GOSPEL QUARTET

Program Services

DescriptionGrantsExpenses
GOSPEL SINGING QUARTET THAT TRAVELS TO CHURCHES AND VARIOUS FUNCTIONS--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL TONEYManager-$0--
Filing and Contact Details

Filer

Filer Name
Trinity Quartet
EIN
56-2224667
Address
208 GREGG STREET, Archdale, NC 27263

Signing Officer

Name
Michal Toney
Title
Manager
Phone
3368617269
Signed
2024-05-07
Discuss with paid preparer
No

Preparer

Firm
B & B Accounting Service
Address
1007 E Lexington Avenue, High Point, NC 27262
Preparer
Mary K Barnes
Phone
3368414411
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountSEE STATEMENT 14,376”

Description of other assets Part II line 24

“Category Beginning of Year End of Year1984 EAGLE BUS 68,000 68,000SOUND EQUIPMENT 19,675 19,675Misc Assets 7,985 11,973”

Raw XML Appendix104 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/PersonNm0MICHAEL TONEY
IRS990EZ/BooksInCareOfDetail/PhoneNum03368617269
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0208 GREGG STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ARCHDALE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027263
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01166
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt04482
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt021855
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt07304
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0175
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt096826
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0104130
IRS990EZ/GrossReceiptsAmt021855
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt096826
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0104130
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt096826
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0104130
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHAEL TONEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0MANAGER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt095660
IRS990EZ/OtherAssetsTotalDetail/EOYAmt099648
IRS990EZ/OtherExpensesTotalAmt014376
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0GOSPEL QUARTET
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0GOSPEL SINGING QUARTET THAT TRAVELS TO CHURCHES AND VARIOUS FUNCTIONS
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt014551
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt021855
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.TRINITYQUARTET.COM
IRS990ScheduleA/ChurchInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountSEE STATEMENT 14,376
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of Year1984 EAGLE BUS 68,000 68,000SOUND EQUIPMENT 19,675 19,675Misc Assets 7,985 11,973
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAL TONEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Manager
ReturnHeader/BusinessOfficerGrp/PhoneNum03368617269
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRINITY QUARTET
ReturnHeader/Filer/BusinessNameControlTxt0TRIN
ReturnHeader/Filer/EIN0562224667
ReturnHeader/Filer/USAddress/AddressLine1Txt0208 GREGG STREET
ReturnHeader/Filer/USAddress/CityNm0Archdale
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027263
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0B & B Accounting Service
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01007 E Lexington Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0High Point
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027262
ReturnHeader/PreparerPersonGrp/PhoneNum03368414411
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Mary K Barnes
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-05-07T10:36:01-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MICHAL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0TONEY
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$104,130
Liabilities
$0
Net assets
$104,130
Revenue
$21,855
Expenses
$14,551
Net income
$7,304
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.08$0.00$1.08$0.24$0.20$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.04$0.22$0.15$0.07
2023Summary only. Only limited summary data is available for this year.$1.04$0.00$0.22$0.15$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$0.00$0.97$0.11$0.13$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$0.10$0.07$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.96$0.00$0.96$0.13$0.09$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.92$0.00$0.92$0.34$0.27$0.07
2018Summary only. Only limited summary data is available for this year.$0.90$0.05$0.39$0.36$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.90$0.08$0.82$0.26$0.25$0.00
2016Summary only. Only limited summary data is available for this year.$0.93$0.12$0.20$0.18$0.03
2015Summary only. Only limited summary data is available for this year.$0.90$0.11$0.13$0.12$0.01
2014Summary only. Only limited summary data is available for this year.$0.89$0.12$0.14$0.13$0.01
2013Summary only. Only limited summary data is available for this year.$0.92$0.16$0.14$0.09$0.05
2012Summary only. Only limited summary data is available for this year.$0.89$0.18$0.10$0.11$0.01
2011Summary only. Only limited summary data is available for this year.$0.88$0.17$0.14$0.13$0.01