Liabilities / Assets
60th percentile
Higher debt load relative to assets than 60% of similar nonprofits.
Peak Performance Options
990EZ • Fiscal year 2015 • EIN 75-2833246
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.01x
Liabilities / Revenue
59th percentile
Higher debt load relative to revenue than 59% of similar nonprofits.
Net Margin
80th percentile
Higher net margin than 80% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.9% of source-year revenue.
Asset Growth
85th percentile
Faster asset growth than 85% of similar nonprofits.
Revenue Growth
47th percentile
Faster revenue growth than 47% of similar nonprofits.
Balance Sheet
Assets
Up$131,386
Up $46,726 (+55%) from 2014
Net Assets
Up$130,666
Up $46,006 (+54%) from 2014
Liabilities
Up$720
Up $720 from 2014
Revenue And Expenses
Revenue
Down$189,317
Down $488 (-0.3%) from 2014
Expenses
Down$143,312
Down $69,604 (-33%) from 2014
Net Income
Up$46,005
Up $69,116 (+299%) from 2014
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2014 to Jun 30, 2015
- Signed
- Feb 10, 2016
- Return Version
- 2014v6.0
- Gross Receipts
- $189,317
Mission and Program Overview
Mission
Produce an annual music festival
Provide for an annual music festival to ecourage music appreciation for middle and high school studens, and a venue for schools to perform in a low cost competitive music festival.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| ANNUAL MUSIC FESTIVAL FOR LOCAL SCHOOLS IN THE DFW METROPLEX | $9,000 | $142,812 |
| ANNUAL MUSIC FESTIVAL FOR LOCAL SCHOOLS IN THE DFW METROPLEX (DEPRECIATION ON FESTIVAL EQUIPMENT) | - | $500 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| PAUL DAVIS | Executive Di | PT | $1,667 | - | $1,667 |
| ANDY DAVIDSON | Treasurer | PT | $1,666 | - | $1,666 |
| SCOTT COULSON | President | - | $0 | - | - |
| VAN RAGSDALE | Vice Preside | - | $0 | - | - |
| DENISE GUILBERT | Secretary | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Peak Performance Options
- EIN
- 75-2833246
- Phone
- 9728104300
- Address
- 3000 CUSTER ROAD 270-126, PLANO, TX 75075
Signing Officer
- Name
- Andy Davidson
- Title
- Treasurer
- Phone
- 9728104300
- Signed
- 2016-02-10
- Discuss with paid preparer
- Yes
Preparer
- Firm
- The Scauzillo Firm Pllc
- Address
- 1515 HERITAGE DR STE 216, MCKINNEY, TX 75069
- Preparer
- Frank R Scauzillo Jr
- Phone
- 9725622222
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses advertising 2,008 office supplies & expense 222 travel 3,518 tba conference 789 insurance 1,511 auto & truck expenses 287 awards & plaques 13,681 equipment & tools 618 food, venue & event 4,914 miscellaneous 896 recording fees 9,744 venue usage 43,150 storage 3,409 non-investment depreciation 500 total 85,247”
Form 990-ez, Part II, Line 24
“Prepaid expenses and deferred charges 789 0 office equipment, printers, copier 25,490 25,490 less accumulated depreciation 23,402 23,903 total 2,877 1,587”
Form 990-ez, Part II, Line 26
“Payroll taxes withheld 0 720”
Form 990-ez, Part III
“Provide for an annual music festival to ecourage music appreciation for middle and high school studens, and a venue for schools to perform in a low cost competitive music festival.”
Form 990-ez, Part III, Line 31
“Annual music festival for local schools in the dfw metroplex (depreciation on festival equipment)”
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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | NPO TREASURER |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9728104300 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3000 CUSTER ROAD STE 270-126 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | PLANO |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 75075 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 81784 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 129799 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 46005 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 43130 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 84661 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 131386 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 9000 |
| IRS990EZ/GrossReceiptsAmt | 0 | 189317 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 32 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 84661 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 130666 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 84661 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 130666 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 2327 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 1667 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 1666 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | PAUL DAVIS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | SCOTT COULSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | VAN RAGSDALE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | ANDY DAVIDSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | DENISE GUILBERT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | EXECUTIVE DI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 2877 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 1587 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 85247 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | PROVIDE FOR AN ANNUAL MUSIC FESTIVAL TO ECOURAGE MUSIC APPRECIATION FOR MIDDLE AND HIGH SCHOOL STUDENS, AND A VENUE FOR SCHOOLS TO PERFORM IN A LOW COST COMPETITIVE MUSIC FESTIVAL. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 189285 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | ANNUAL MUSIC FESTIVAL FOR LOCAL SCHOOLS IN THE DFW METROPLEX |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | ANNUAL MUSIC FESTIVAL FOR LOCAL SCHOOLS IN THE DFW METROPLEX (DEPRECIATION ON FESTIVAL EQUIPMENT) |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 9000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 142812 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 500 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 3608 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 720 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 143312 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 143312 |
| IRS990EZ/TotalRevenueAmt | 0 | 189317 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationAssocInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.PEAKMUSICFESTIVALS.ORG |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 32 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 32 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 64 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt | 0 | 189285 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt | 0 | 189773 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt | 0 | 247722 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt | 0 | 225506 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt | 0 | 229643 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 1081929 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 32 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 32 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 64 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99990 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 1081929 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 189285 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 189773 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 247722 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 225506 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 229643 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 1081929 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 189317 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 189805 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 247722 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 225506 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 229643 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 1081993 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING 2,008 OFFICE SUPPLIES & EXPENSE 222 TRAVEL 3,518 TBA CONFERENCE 789 INSURANCE 1,511 AUTO & TRUCK EXPENSES 287 AWARDS & PLAQUES 13,681 EQUIPMENT & TOOLS 618 FOOD, VENUE & EVENT 4,914 MISCELLANEOUS 896 RECORDING FEES 9,744 VENUE USAGE 43,150 STORAGE 3,409 NON-INVESTMENT DEPRECIATION 500 TOTAL 85,247 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | PREPAID EXPENSES AND DEFERRED CHARGES 789 0 OFFICE EQUIPMENT, PRINTERS, COPIER 25,490 25,490 LESS ACCUMULATED DEPRECIATION 23,402 23,903 TOTAL 2,877 1,587 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | PAYROLL TAXES WITHHELD 0 720 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | PROVIDE FOR AN ANNUAL MUSIC FESTIVAL TO ECOURAGE MUSIC APPRECIATION FOR MIDDLE AND HIGH SCHOOL STUDENS, AND A VENUE FOR SCHOOLS TO PERFORM IN A LOW COST COMPETITIVE MUSIC FESTIVAL. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | ANNUAL MUSIC FESTIVAL FOR LOCAL SCHOOLS IN THE DFW METROPLEX (DEPRECIATION ON FESTIVAL EQUIPMENT) |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2016-08-17 19:52:53Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ANDY DAVIDSON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9728104300 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-02-10 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | PEAK PERFORMANCE OPTIONS |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | PEAK |
| ReturnHeader/Filer/EIN | 0 | 752833246 |
| ReturnHeader/Filer/PhoneNum | 0 | 9728104300 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 3000 CUSTER ROAD 270-126 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | PLANO |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 75075 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 201452960 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | THE SCAUZILLO FIRM PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1515 HERITAGE DR STE 216 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | MCKINNEY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 75069 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9725622222 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2016-02-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | FRANK R SCAUZILLO JR |
| ReturnHeader/ReturnTs | 0 | 2016-02-15T13:00:04-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-06-30 |
| ReturnHeader/TaxYr | 0 | 2014 |
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.
- Assets
- $131,386
- Liabilities
- $720
- Net assets
- $130,666
- Revenue
- $189,317
- Expenses
- $143,312
- Net income
- $46,005