Liabilities / Assets
59th percentile
Higher debt load relative to assets than 59% of similar nonprofits.
990EZ • Fiscal year 2021 • EIN 75-2833246
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
59th percentile
Higher debt load relative to assets than 59% of similar nonprofits.
Liabilities / Revenue
63rd percentile
Higher debt load relative to revenue than 63% of similar nonprofits.
Net Margin
4th percentile
Higher net margin than 4% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
7th percentile
Faster asset growth than 7% of similar nonprofits.
Revenue Growth
21st percentile
Faster revenue growth than 21% of similar nonprofits.
Assets
Down$33,539
Down $39,846 (-54%) from 2020
Net Assets
Down$33,369
Down $31,018 (-48%) from 2020
Liabilities
Down$170
Down $8,828 (-98%) from 2020
Revenue
Down$13,460
Down $8,471 (-39%) from 2020
Expenses
Down$44,478
Down $13,944 (-24%) from 2020
Net Income
Up-$31,018
Up $5,473 (+15%) from 2020
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.
Provide for annual music festival to encourage music appreciation for middle and high school students, and a venu for schools to perform in a low cost competitie music festival environemnt.
| Description | Grants | Expenses |
|---|---|---|
| Produce an annual music festival for local schools in the DFW metroplex. | $44,478 | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Paul Davis | Executive Director | PT | $16,667 | - | $16,667 |
| Andy Davidson | Treasurer | PT | $16,667 | - | $16,667 |
| Scott Coulson | President | PT | $0 | - | - |
| Bonnie Bartlett | Secretary | - | $0 | - | - |
| Randy Bartlett | Vice President | - | $0 | - | - |
“PPP loan foregiveness $8333”
“Advertising and Promotion $250”
“Information Technology $253”
“Storage $1870”
“Venue rental $1387”
“Event supplies $844”
“Website maintenance $708”
“Contractors, judges $60”
“Property & equipment, net - Beginning $141 Property & equipment, net - Ending $141”
“Payroll taxes withheld - Beginning $665 Payroll taxes withheld - Ending $20”
“PPP loan payable - Beginning $8333 PPP loan payable - Ending $0”
“Unearned income - Beginning $0 Unearned income - Ending $150”
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 | Scott Coulson |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9728104300 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3000 Custer Road 270-126 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Plano |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 75075 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 73244 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 33398 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -31018 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 2021 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 73385 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 33539 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 13460 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 3 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 64387 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 33369 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 64387 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 33369 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 913 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 16667 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 16667 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Paul Davis |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Scott Coulson |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Bonnie Bartlett |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Randy Bartlett |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | Andy Davidson |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Executive Dir. |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Vice President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Treasurer |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 141 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 141 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 5372 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 8333 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Provide for annual music festival to encourage music appreciation for middle and high school students, and a venu for schools to perform in a low cost competitie music festival environemnt. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 288 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 5124 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Produce an annual music festival for local schools in the DFW metroplex. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 44478 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 35884 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 8998 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 170 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 44478 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 44478 |
| IRS990EZ/TotalRevenueAmt | 0 | 13460 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationOtherDesc | 0 | Assc |
| IRS990EZ/TypeOfOrganizationOtherInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.peakmusicfestivals.org |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 3 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 21 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 26 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 26 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 26 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 102 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt | 0 | 5124 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt | 0 | 21910 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt | 0 | 126311 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt | 0 | 131684 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt | 0 | 160837 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 445866 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 3 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 21 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 26 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 26 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 26 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 102 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00020 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00020 |
| IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Post1975UBTIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99980 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99980 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 445866 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 5124 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 21910 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 126311 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 131684 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 160837 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 445866 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 5127 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 21931 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 126337 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 131710 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 160863 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 445968 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | PPP loan foregiveness $8333 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Advertising and Promotion $250 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Information Technology $253 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Storage $1870 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Venue rental $1387 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Event supplies $844 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Website maintenance $708 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Contractors, judges $60 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Property & equipment, net - Beginning $141 Property & equipment, net - Ending $141 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Payroll taxes withheld - Beginning $665 Payroll taxes withheld - Ending $20 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | PPP loan payable - Beginning $8333 PPP loan payable - Ending $0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Unearned income - Beginning $0 Unearned income - Ending $150 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Revenue.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1003 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Assets.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Total Liabilities.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Total Liabilities.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Total Liabilities.3 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd | 0 | FAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Scott Coulson |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2144171042 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-08-30 |
| 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 Ste 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 | P O Box 2018 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Wylie |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 750982018 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9725622222 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Frank R Jr Scauzillo |
| ReturnHeader/ReturnTs | 0 | 2021-10-14T11:44:27-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Scott |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Coulson |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-06-30 |
| ReturnHeader/TaxYr | 0 | 2020 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.