Civic Intelligence

The Rose Petroff Foundation

990EZ • Fiscal year 2023 • EIN 74-2790542

Jul 01, 2022 to Jun 30, 2023 • Filed on Aug 04, 2023

28247 RuffianFair Oaks Ranch, TX 78015

(210) 710-3670

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

78th percentile

25%

Higher net margin than 78% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

61st percentile

7.9%

Faster asset growth than 61% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

47th percentile

1.9%

Faster revenue growth than 47% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$23,312

Up $1,699 (+7.9%) from 2022

Net Assets

$23,312

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$6,767

Up $129 (+1.9%) from 2022

Expenses

Down

$5,067

Down $7,855 (-61%) from 2022

Net Income

Up

$1,700

Up $7,984 (+127%) from 2022

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2011: $27,483Liabilities 2011: $0Net Assets 2011: $27,4832011Assets 2012: $26,505Liabilities 2012: $0Net Assets 2012: $26,5052012Assets 2013: $28,484Liabilities 2013: $0Net Assets 2013: $28,4842013Assets 2014: $24,892Liabilities 2014: $0Net Assets 2014: $24,8922014Assets 2015: $27,030Liabilities 2015: $0Net Assets 2015: $27,0302015Assets 2016: $26,927Liabilities 2016: $0Net Assets 2016: $26,9272016Assets 2017: $25,553Liabilities 2017: $0Net Assets 2017: $25,5532017Assets 2018: $22,117Liabilities 2018: $0Net Assets 2018: $22,1172018Assets 2019: $26,081Liabilities 2019: $0Net Assets 2019: $26,0812019Assets 2020: $27,938Net Assets 2020: $27,9382020Assets 2021: $27,897Net Assets 2021: $27,8972021Assets 2022: $21,613Liabilities 2022: $02022Assets 2023: $23,312Net Assets 2023: $23,3122023Assets 2024: $23,106Liabilities 2024: $02024Assets 2025: $20,074Net Assets 2025: $20,0742025

Highlighted filing

2023

Assets$23,312
Liabilities-
Net Assets$23,312

Operations Trend

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

$20K$10K$0-$10KExpenses 2011: $5,4142011Expenses 2012: $15,7232012Expenses 2013: $12,2672013Revenue 2014: $8,884Expenses 2014: $12,476Net Income 2014: -$3,5922014Revenue 2015: $11,144Expenses 2015: $9,006Net Income 2015: $2,1382015Revenue 2016: $13,487Expenses 2016: $13,590Net Income 2016: -$1032016Revenue 2017: $6,653Expenses 2017: $8,027Net Income 2017: -$1,3742017Revenue 2018: $13,120Expenses 2018: $16,556Net Income 2018: -$3,4362018Revenue 2019: $8,551Expenses 2019: $4,587Net Income 2019: $3,9642019Revenue 2020: $10,018Expenses 2020: $8,161Net Income 2020: $1,8572020Revenue 2021: $6,294Expenses 2021: $6,335Net Income 2021: -$412021Revenue 2022: $6,638Expenses 2022: $12,922Net Income 2022: -$6,2842022Revenue 2023: $6,767Expenses 2023: $5,067Net Income 2023: $1,7002023Revenue 2024: $11,391Expenses 2024: $11,597Net Income 2024: -$2062024Revenue 2025: $2,449Expenses 2025: $5,481Net Income 2025: -$3,0322025

Highlighted filing

2023

Revenue$6,767
Expenses$5,067
Net Income$1,700
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Aug 4, 2023
Return Version
2022v5.0
Gross Receipts
$6,767
Mission and Program Overview

Mission

Education of Piano Students

Program Services

DescriptionGrantsExpenses
ENCOURGEMENT OF YOUNG STUDENTS IN PIANO PERFORMANCE BY OFFERING COMPETITIVE AWARDS AND GRANTS. AS FUNDS PERMIT, FINANCIAL AID IN THE FORM OF SCHOLARSHIPS WILL BE AWARDED TO GRADUATE MUSIC STUDENTS AT LOCAL UNIVERSITIES. THERE WERE 14 DIRECT BENEFICIARIES IN ADDITION TO AN AWARD FOR TEXAS STATE UNIVERSITY.-$5,067
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
PETER A PETROFFPresidentPT$0--
PETER A PETROFFBoard MemberPT$0--
MEIHLA GLASSERBoard Member-$0--
PETER A PETROFF IIIBoard Member-$0--
ELIZABETH RODRIQUEZBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
The Rose Petroff Foundation
EIN
74-2790542
Phone
2107103670
Address
28247 RUFFIAN, FAIR OAKS RANCH, TX 78015

Signing Officer

Name
Peter a Petroff
Title
President
Phone
2107103670
Signed
2023-08-04
Discuss with paid preparer
Yes

Preparer

Firm
Burkhart Peterson
Address
17422 OCONNOR RD SUITE 100, SAN ANTONIO, TX 78247-5680
Preparer
Karin Nelson CPA
Phone
2103773311
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses other expenses 600 other expenses 2,200 total 2,800

Form 990-ez, Part II, Line 24

Steinway grand piano 19,557 19,557 total 19,557 19,557

Form 990-ez, Part III, Line 28

Encourgement of young students in piano performance by offering competitive awards and grants. As funds permit, financial aid in the form of scholarships will be awarded to graduate music students at local universities. There were 14 direct beneficiaries in addition to an award for texas state university.

Raw XML Appendix147 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/PersonNm0PETER A PETROFF
IRS990EZ/BooksInCareOfDetail/PhoneNum02107103670
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt028247 RUFFIAN
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FAIR OAKS RANCH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0780154809
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt02055
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt03755
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt06371
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01700
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02267
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt021612
IRS990EZ/Form990TotalAssetsGrp/EOYAmt023312
IRS990EZ/GrossReceiptsAmt06767
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt021612
IRS990EZ/NetAssetsOrFundBalancesEOYAmt023312
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt021612
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt023312
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PETER A PETROFF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PETER A PETROFF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MEIHLA GLASSER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3PETER A PETROFF III
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ELIZABETH RODRIQUEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt019557
IRS990EZ/OtherAssetsTotalDetail/EOYAmt019557
IRS990EZ/OtherExpensesTotalAmt02800
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0EDUCATION OF PIANO STUDENTS
IRS990EZ/ProgramServiceRevenueAmt0396
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ENCOURGEMENT OF YOUNG STUDENTS IN PIANO PERFORMANCE BY OFFERING COMPETITIVE AWARDS AND GRANTS. AS FUNDS PERMIT, FINANCIAL AID IN THE FORM OF SCHOLARSHIPS WILL BE AWARDED TO GRADUATE MUSIC STUDENTS AT LOCAL UNIVERSITIES. THERE WERE 14 DIRECT BENEFICIARIES IN ADDITION TO AN AWARD FOR TEXAS STATE UNIVERSITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt05067
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt05067
IRS990EZ/TotalProgramServiceExpensesAmt05067
IRS990EZ/TotalRevenueAmt06767
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt06371
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt06160
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt05988
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt09532
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt08137
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt036188
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0396
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0478
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0306
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0486
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0414
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02080
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt038268
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt06767
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt06638
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt06294
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt010018
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt08551
IRS990ScheduleA/Total509Grp/TotalAmt038268
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt06767
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt06638
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt06294
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt010018
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt08551
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt038268
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OTHER EXPENSES 600 OTHER EXPENSES 2,200 TOTAL 2,800
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1STEINWAY GRAND PIANO 19,557 19,557 TOTAL 19,557 19,557
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ENCOURGEMENT OF YOUNG STUDENTS IN PIANO PERFORMANCE BY OFFERING COMPETITIVE AWARDS AND GRANTS. AS FUNDS PERMIT, FINANCIAL AID IN THE FORM OF SCHOLARSHIPS WILL BE AWARDED TO GRADUATE MUSIC STUDENTS AT LOCAL UNIVERSITIES. THERE WERE 14 DIRECT BENEFICIARIES IN ADDITION TO AN AWARD FOR TEXAS STATE UNIVERSITY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PETER A PETROFF
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02107103670
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE ROSE PETROFF FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0ROSE
ReturnHeader/Filer/EIN0742790542
ReturnHeader/Filer/PhoneNum02107103670
ReturnHeader/Filer/USAddress/AddressLine1Txt028247 RUFFIAN
ReturnHeader/Filer/USAddress/CityNm0FAIR OAKS RANCH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078015
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0463328001
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BURKHART PETERSON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt017422 OCONNOR RD SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAN ANTONIO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0782475680
ReturnHeader/PreparerPersonGrp/PhoneNum02103773311
ReturnHeader/PreparerPersonGrp/PreparationDt02023-09-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KARIN NELSON CPA
ReturnHeader/ReturnTs02023-09-15T22:18:36-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0PETER A
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0PETROFF
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$20.1$20.1$2.45$5.48$3.03
2024Summary only. Only limited summary data is available for this year.$23.1$0.00$11.4$11.6$0.21
2023Detailed filing. Detailed filing data is available for this year.$23.3$23.3$6.77$5.07$1.70
2022Summary only. Only limited summary data is available for this year.$21.6$0.00$6.64$12.9$6.28
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.9$27.9$6.29$6.34$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.9$27.9$10.0$8.16$1.86
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.1$0.00$26.1$8.55$4.59$3.96
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.1$0.00$22.1$13.1$16.6$3.44
2017Summary only. Only limited summary data is available for this year.$25.6$0.00$25.6$6.65$8.03$1.37
2016Summary only. Only limited summary data is available for this year.$26.9$0.00$26.9$13.5$13.6$0.10
2015Detailed filing. Detailed filing data is available for this year.$27.0$0.00$27.0$11.1$9.01$2.14
2014Detailed filing. Detailed filing data is available for this year.$24.9$0.00$24.9$8.88$12.5$3.59
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.5$0.00$28.5$12.3
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.5$0.00$26.5$15.7
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.5$0.00$27.5$5.41
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)3 • <$500k nonprofits