Civic Intelligence

Academy of Strings

990EZ • Fiscal year 2015 • EIN 62-1733110

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 20, 2015

Organization Profilewww.academyofstrings.com
PO Box 3431Johnson City, TN 37602-3431

(423) 915-1212

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Higher debt load relative to assets than 59% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

57th percentile

0.00x

Higher debt load relative to revenue than 57% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

48th percentile

2.4%

Higher net margin than 48% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

94th percentile

$59,622

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 52.7% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

60th percentile

8.0%

Faster asset growth than 60% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

53rd percentile

2.7%

Faster revenue growth than 53% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$37,045

Up $2,758 (+8.0%) from 2014

Net Assets

Up

$36,897

Up $2,758 (+8.1%) from 2014

Liabilities

Flat

$148

Flat from 2014

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin48th percentile

Revenue

Up

$113,169

Up $2,929 (+2.7%) from 2014

Expenses

Up

$110,411

Up $3,328 (+3.1%) from 2014

Net Income

Down

$2,758

Down $399 (-13%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

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

$60K$40K$20K$0Assets 2011: $47,204Liabilities 2011: $1,658Net Assets 2011: $45,5462011Assets 2012: $40,800Liabilities 2012: $148Net Assets 2012: $40,6522012Assets 2013: $31,130Liabilities 2013: $148Net Assets 2013: $30,9822013Assets 2014: $34,287Liabilities 2014: $148Net Assets 2014: $34,1392014Assets 2015: $37,045Liabilities 2015: $148Net Assets 2015: $36,8972015Assets 2016: $39,764Liabilities 2016: $148Net Assets 2016: $39,6162016Assets 2017: $35,115Liabilities 2017: $1482017Assets 2018: $36,561Liabilities 2018: $1482018Assets 2019: $39,094Liabilities 2019: $1482019Assets 2020: $43,988Liabilities 2020: $24,490Net Assets 2020: $19,4982020Assets 2021: $41,515Liabilities 2021: $1512021Assets 2022: $32,897Liabilities 2022: $148Net Assets 2022: $32,7492022Assets 2023: $40,445Liabilities 2023: $212Net Assets 2023: $40,2332023Assets 2024: $42,730Liabilities 2024: $210Net Assets 2024: $42,5202024Assets 2025: $45,590Liabilities 2025: $148Net Assets 2025: $45,4422025

Highlighted filing

2015

Assets$37,045
Liabilities$148
Net Assets$36,897
Open 2015 Filing

Operations Trend

Revenue Growth53rd percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2011: $102,986Expenses 2011: $104,749Net Income 2011: -$1,7632011Revenue 2012: $87,926Expenses 2012: $92,820Net Income 2012: -$4,8942012Revenue 2013: $92,871Expenses 2013: $102,541Net Income 2013: -$9,6702013Revenue 2014: $110,240Expenses 2014: $107,083Net Income 2014: $3,1572014Revenue 2015: $113,169Expenses 2015: $110,411Net Income 2015: $2,7582015Revenue 2016: $118,283Expenses 2016: $115,564Net Income 2016: $2,7192016Revenue 2017: $125,508Expenses 2017: $130,157Net Income 2017: -$4,6492017Revenue 2018: $137,195Expenses 2018: $135,749Net Income 2018: $1,4462018Revenue 2019: $139,630Expenses 2019: $137,097Net Income 2019: $2,5332019Revenue 2020: $160,038Expenses 2020: $179,486Net Income 2020: -$19,4482020Revenue 2021: $179,798Expenses 2021: $157,932Net Income 2021: $21,8662021Revenue 2022: $164,083Expenses 2022: $172,698Net Income 2022: -$8,6152022Revenue 2023: $162,700Expenses 2023: $155,216Net Income 2023: $7,4842023Revenue 2024: $178,251Expenses 2024: $175,964Net Income 2024: $2,2872024Revenue 2025: $175,351Expenses 2025: $172,429Net Income 2025: $2,9222025

Highlighted filing

2015

Revenue$113,169
Expenses$110,411
Net Income$2,758
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 20, 2015
Return Version
2014v5.0
Gross Receipts
$113,169
Mission and Program Overview

Mission

MUSIC ARTS EDUCATION

Program Services

DescriptionGrantsExpenses
More than 70 students are enrolled to receive instruction on stringed musical instruments. Music appreciation and skill are developed through individual and group lessons, workshops, and performances.-$93,815
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TIMOTHY BARRETTChairman/InstructorFT$57,907$1,715$59,622
KIMBERLY BARRETTSecretary/InstructorFT$34,685$1,028$35,713
LINDA DYERMemberPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising$384$384-$384
Total Events$384$384-$384
Filing and Contact Details

Filer

Filer Name
Academy of Strings
EIN
62-1733110
Phone
4239151212
Address
PO BOX 3431, JOHNSON CITY, TN 37602-3431

Signing Officer

Name
Kimberly Barrett
Title
Secretary
Signed
2015-11-20
Discuss with paid preparer
No

Preparer

Firm
Southeastern Tax & Accounting PC
Address
PO Box 366, Bristol, TN 37621-0366
Preparer
A Joseph Vance II CPA
Phone
4239689236
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8, Other Revenue

“Late fees and service charges 856”

Form 990-EZ, Part I, Line 16, Other Expenses

“Fundraising 177”

Form 990-EZ, Part I, Line 16, Other Expenses

“Interest 31”

Form 990-EZ, Part I, Line 16, Other Expenses

“Supplies 329”

Form 990-EZ, Part I, Line 16, Other Expenses

“Telephone 585”

Form 990-EZ, Part I, Line 16, Other Expenses

“Depreciation 230”

Form 990-EZ, Part I, Line 16, Other Expenses

“Dues and subscriptions 140”

Form 990-EZ, Part I, Line 16, Other Expenses

“Insurance 784”

Form 990-EZ, Part I, Line 16, Other Expenses

“Miscellaneous 872”

Form 990-EZ, Part I, Line 16, Other Expenses

“Payroll taxes 7,083”

Form 990-EZ, Part I, Line 16, Other Expenses

“Moving 918”

Form 990-EZ, Part I, Line 16, Other Expenses

“Web site 278”

Form 990-EZ, Part II, Line 24, Other Assets

“INVENTORIES Beginning of year 1,248, End of year 1,248”

Form 990-EZ, Part II, Line 24, Other Assets

“PREPAID EXPENSES Beginning of year 115, End of year 115”

Form 990-EZ, Part II, Line 24, Other Assets

“FIXES ASSETS, NET OF ACCUMULATED DEPRECIATION Beginning of year 804, End of year 574”

Form 990-EZ, Part II, Line 26, Liabilities

“GRANTS PAYABLE Beginning of year 148, End of year 148”

Raw XML Appendix210 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
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0SECRETARY/INSTRUCTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2MEMBER
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IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/OtherExpensesTotalAmt011427
IRS990EZ/OtherRevenueTotalAmt0856
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0MUSIC ARTS EDUCATION
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TotalProgramServiceExpensesAmt093815
IRS990EZ/TotalRevenueAmt0113169
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.academyofstrings.com
IRS990ScheduleA/FactsAndCircumstancesTestTxt0Part III Section B Line 12 REPRESENTS LATE PAYMENT AND SERVICE CHARGES ASSESSED ON ACCOUNTS RECEIVABLE
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt018140
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt017235
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt09155
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt014000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt021108
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt079638
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt094155
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt080977
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0423818
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt018
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt023
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt021
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt036
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt081
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0179
IRS990ScheduleA/InvestmentIncomeCYPct00.00040
IRS990ScheduleA/InvestmentIncomePYPct00.00060
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0856
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0682
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0684
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0515
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0820
IRS990ScheduleA/OtherIncome509Grp/TotalAmt03557
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearAmt018
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus1YearAmt023
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus2YearsAmt021
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus3YearsAmt036
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus4YearsAmt081
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt0179
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.99260
IRS990ScheduleA/PublicSupportPY509Pct00.99300
IRS990ScheduleA/PublicSupportTotal170Amt00
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0112295
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt087926
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0102986
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0507192
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
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISING
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0384
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0384
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0384
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0384
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0384
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LATE FEES AND SERVICE CHARGES 856
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Fundraising 177
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Interest 31
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Supplies 329
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Telephone 585
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Depreciation 230
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Dues and subscriptions 140
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Insurance 784
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Miscellaneous 872
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Payroll taxes 7,083
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Moving 918
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Web site 278
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12INVENTORIES Beginning of year 1,248, End of year 1,248
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13PREPAID EXPENSES Beginning of year 115, End of year 115
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14FIXES ASSETS, NET OF ACCUMULATED DEPRECIATION Beginning of year 804, End of year 574
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15GRANTS PAYABLE Beginning of year 148, End of year 148
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8, Other Revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990-EZ, Part II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990-EZ, Part II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990-EZ, Part II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0KIMBERLY BARRETT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ACADEMY OF STRINGS
ReturnHeader/Filer/BusinessNameControlTxt0ACAD
ReturnHeader/Filer/EIN0621733110
ReturnHeader/Filer/PhoneNum04239151212
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 3431
ReturnHeader/Filer/USAddress/CityNm0JOHNSON CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd0376023431
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Southeastern Tax & Accounting PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 366
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Bristol
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0376210366
ReturnHeader/PreparerPersonGrp/PhoneNum04239689236
ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0A Joseph Vance II CPA
ReturnHeader/ReturnTs02015-11-20T04:50:07-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$37,045
Liabilities
$148
Net assets
$36,897
Revenue
$113,169
Expenses
$110,411
Net income
$2,758
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.46$0.00$0.45$1.75$1.72$0.03
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.43$0.00$0.43$1.78$1.76$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$1.63$1.55$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.33$0.00$0.33$1.64$1.73$0.09
2021Summary only. Only limited summary data is available for this year.$0.42$0.00$1.80$1.58$0.22
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.24$0.19$1.60$1.79$0.19
2019Summary only. Only limited summary data is available for this year.$0.39$0.00$1.40$1.37$0.03
2018Summary only. Only limited summary data is available for this year.$0.37$0.00$1.37$1.36$0.01
2017Summary only. Only limited summary data is available for this year.$0.35$0.00$1.26$1.30$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$1.18$1.16$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$1.13$1.10$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$1.10$1.07$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.00$0.31$0.93$1.03$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.00$0.41$0.88$0.93$0.05
2011Summary only. Only limited summary data is available for this year.$0.47$0.02$0.46$1.03$1.05$0.02