Civic Intelligence

Omega Arts Inc

990EZ • Fiscal year 2014 • EIN 58-2586875

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 14, 2015

Organization Profile
4987 Lakeland Harbor BlvdLakeland, FL 33805

(478) 742-7695

Siviq Scores

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

Liabilities / Assets

86th percentile

0.34x

Higher debt load relative to assets than 86% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

87th percentile

0.23x

Higher debt load relative to revenue than 87% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

85th percentile

31%

Higher net margin than 85% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

77th percentile

$6,882

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 10.5% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

92nd percentile

126%

Faster asset growth than 92% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

55th percentile

4.7%

Faster revenue growth than 55% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$44,352

Up $24,716 (+126%) from 2013

Net Assets

Up

$29,199

Up $20,593 (+239%) from 2013

Liabilities

Up

$15,153

Up $4,123 (+37%) from 2013

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin85th percentile

Revenue

Up

$65,617

Up $2,952 (+4.7%) from 2013

Expenses

Down

$45,024

Down $9,952 (-18%) from 2013

Net Income

Up

$20,593

Up $12,904 (+168%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

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

$150K$100K$50K$0Assets 2010: $114,021Liabilities 2010: $7,4642010Assets 2011: $116,933Liabilities 2011: $6,8112011Assets 2012: $0Net Assets 2012: $02012Assets 2013: $19,636Liabilities 2013: $11,030Net Assets 2013: $8,6062013Assets 2014: $44,352Liabilities 2014: $15,153Net Assets 2014: $29,1992014

Highlighted filing

2014

Assets$44,352
Liabilities$15,153
Net Assets$29,199
Open 2014 Filing

Operations Trend

Revenue Growth55th percentile

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

$80K$60K$40K$20K$0-$20KRevenue 2010: $63,745Expenses 2010: $51,720Net Income 2010: $12,0252010Revenue 2011: $58,269Expenses 2011: $58,196Net Income 2011: $732011Revenue 2012: $41,660Expenses 2012: $45,010Net Income 2012: -$3,3502012Revenue 2013: $62,665Expenses 2013: $54,976Net Income 2013: $7,6892013Revenue 2014: $65,617Expenses 2014: $45,024Net Income 2014: $20,5932014

Highlighted filing

2014

Revenue$65,617
Expenses$45,024
Net Income$20,593
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 14, 2015
Return Version
2014v5.0
Gross Receipts
$65,617
Mission and Program Overview

Mission

Share the gospel thru the arts

Program Services

DescriptionGrantsExpenses
ONGOING DEVELOPMENT MUSIC & ARTS PROGRAM FOR PRISONS FLORIDA PANHANDLE LOWELL AND MARIAN PRISON COUNSELING-$32,045
MINISTRY AND COUNSELING PROGRAM DURING DAYTONA BIKE WEEK IN MARCH OF 2014, MINISTERING TO BIKERS FROM ALL ACROSS THE COUNTRY-$6,213
CONTINUOUS UPGRADE OF EQUIPMENT FOR AUDIO & VIDEO TEACHING TAPES FOR WORLD MISSION OUTREACH & LIFE APPLICATION TEACHING-$3,245
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LARRY HOWARDPresidentPT$0$6,882$6,882
PEGGY HOWARDSecretaryPT$500-$500
REV SAM DRYEDirectorPT$0--
REV STEVE SAWYERDirector-$0--
REGGIE WILLIAMSDirector-$0--
JIMMY BRANCHERDirector-$0--
Filing and Contact Details

Filer

Filer Name
Omega Arts Inc
EIN
58-2586875
Phone
4787427695
Address
4987 Lakeland Harbor Blvd, LAKELAND, FL 33805

Signing Officer

Name
Larry Howard
Title
President
Signed
2015-08-14
Discuss with paid preparer
Yes

Preparer

Firm
OSBS Inc dba OnSite Business Sol
Address
1515 Bass Rd Ste E, MACON, GA 31210
Preparer
Tony P Layson EA
Phone
4787430260
Supplemental Narrative

Additional Explanations

990EZ Page One Line 16

“Bank & merchant fees - 1804 equipment insurance - 552 auto & travel expense - 12634 contributions - 200”

990EZ Page One Line 16 continued

“Continuing ed - 128 interest expense - 123 professional dues & subs - 3318 other supplies - 11422”

990EZ Page One Line 16 continued

“OTHER TAXES 1959”

990EZ Page Two Part II Line 24

“Sound equipment purchased”

990EZ Part Two Part II Line 25

“CREDIT CARD AND OTHER”

Raw XML Appendix154 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/BenefitsPaidToOrForMembersAmt06882
IRS990EZ/BooksInCareOfDetail/PersonNm0LARRY HOWARD
IRS990EZ/BooksInCareOfDetail/PhoneNum04787427693
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04987 LAKELAND HARBOR DLVD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LAKELAND
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd033805
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt06790
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt028261
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt065617
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt020593
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/Form990TotalAssetsGrp/BOYAmt019636
IRS990EZ/Form990TotalAssetsGrp/EOYAmt044352
IRS990EZ/GrossReceiptsAmt065617
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt08606
IRS990EZ/NetAssetsOrFundBalancesEOYAmt029199
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt08606
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt029199
IRS990EZ/OccupancyRentUtltsAndMaintAmt05334
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt030
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt512
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt5500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt06882
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LARRY HOWARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1REV SAM DRYE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2REV STEVE SAWYER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3REGGIE WILLIAMS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JIMMY BRANCHER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5PEGGY HOWARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt012846
IRS990EZ/OtherAssetsTotalDetail/EOYAmt016091
IRS990EZ/OtherExpensesTotalAmt032140
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SHARE THE GOSPEL THRU THE ARTS
IRS990EZ/PrintingPublicationsPostageAmt0168
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ONGOING DEVELOPMENT MUSIC & ARTS PROGRAM FOR PRISONS FLORIDA PANHANDLE LOWELL AND MARIAN PRISON COUNSELING
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1MINISTRY AND COUNSELING PROGRAM DURING DAYTONA BIKE WEEK IN MARCH OF 2014, MINISTERING TO BIKERS FROM ALL ACROSS THE COUNTRY
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2CONTINUOUS UPGRADE OF EQUIPMENT FOR AUDIO & VIDEO TEACHING TAPES FOR WORLD MISSION OUTREACH & LIFE APPLICATION TEACHING
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt032045
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt16213
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt23245
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt0500
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt011030
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt015153
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt045024
IRS990EZ/TotalProgramServiceExpensesAmt041503
IRS990EZ/TotalRevenueAmt065617
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt064567
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt062665
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt041660
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt058269
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt064053
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0291214
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0291214
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt064567
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt062665
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt041660
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt058269
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt064053
IRS990ScheduleA/Total509Grp/TotalAmt0291214
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt064567
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt062665
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt041660
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt058269
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt064053
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0291214
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BANK & MERCHANT FEES - 1804 EQUIPMENT INSURANCE - 552 AUTO & TRAVEL EXPENSE - 12634 CONTRIBUTIONS - 200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONTINUING ED - 128 INTEREST EXPENSE - 123 PROFESSIONAL DUES & SUBS - 3318 OTHER SUPPLIES - 11422
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OTHER TAXES 1959
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SOUND EQUIPMENT PURCHASED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CREDIT CARD AND OTHER
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0990EZ Page One Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1990EZ Page One Line 16 continued
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2990EZ Page One Line 16 continued
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3990EZ Page Two Part II Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4990EZ Part Two Part II Line 25
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LARRY HOWARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-08-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OMEGA ARTS INC
ReturnHeader/Filer/BusinessNameControlTxt0OMEG
ReturnHeader/Filer/EIN0582586875
ReturnHeader/Filer/PhoneNum04787427695
ReturnHeader/Filer/USAddress/AddressLine1Txt04987 Lakeland Harbor Blvd
ReturnHeader/Filer/USAddress/CityNm0LAKELAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033805
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0030384487
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0OSBS Inc dba OnSite Business Sol
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01515 Bass Rd Ste E
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MACON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd031210
ReturnHeader/PreparerPersonGrp/PhoneNum04787430260
ReturnHeader/PreparerPersonGrp/PreparationDt02015-08-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Tony P Layson EA
ReturnHeader/ReturnTs02015-08-15T19:01:46-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$44,352
Liabilities
$15,153
Net assets
$29,199
Revenue
$65,617
Expenses
$45,024
Net income
$20,593
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2014Detailed filing. Detailed filing data is available for this year.$0.44$0.15$0.29$0.66$0.45$0.21
2013Detailed filing. Detailed filing data is available for this year.$0.20$0.11$0.09$0.63$0.55$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.42$0.45$0.03
2011Summary only. Only limited summary data is available for this year.$1.17$0.07$0.58$0.58$0.00
2010Summary only. Only limited summary data is available for this year.$1.14$0.07$0.64$0.52$0.12