Civic Intelligence

Crossroads Percussion

990EZ • Fiscal year 2022 • EIN 81-5195392

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 10, 2023

711 Findlay Dr NWAltoona, IA 50009

(515) 661-3460

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.84x

Higher debt load relative to assets than 93% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

92nd percentile

0.56x

Higher debt load relative to revenue than 92% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

14th percentile

-31%

Higher net margin than 14% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

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.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

39th percentile

-4.3%

Faster asset growth than 39% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

27th percentile

-15%

Faster revenue growth than 27% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$69,672

Down $3,100 (-4.3%) from 2021

Net Assets

Down

$10,851

Down $37,738 (-78%) from 2021

Liabilities

Up

$58,821

Up $34,638 (+143%) from 2021

Revenue

Down

$104,329

Down $18,628 (-15%) from 2021

Expenses

Up

$136,567

Up $62,741 (+85%) from 2021

Net Income

Down

-$32,238

Down $81,369 (-166%) from 2021

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0-$20KAssets 2017: $3,629Liabilities 2017: $0Net Assets 2017: $3,6292017Assets 2018: $9,106Liabilities 2018: $0Net Assets 2018: $9,1062018Assets 2019: $56,406Liabilities 2019: $29,478Net Assets 2019: $26,9282019Assets 2020: $16,582Liabilities 2020: $22,100Net Assets 2020: -$5,5182020Assets 2021: $72,772Liabilities 2021: $24,183Net Assets 2021: $48,5892021Assets 2022: $69,672Liabilities 2022: $58,821Net Assets 2022: $10,8512022Assets 2023: $67,739Liabilities 2023: $56,045Net Assets 2023: $11,6942023Assets 2024: $49,632Liabilities 2024: $42,906Net Assets 2024: $6,7262024

Highlighted filing

2022

Assets$69,672
Liabilities$58,821
Net Assets$10,851

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2017: $10,292Expenses 2017: $6,663Net Income 2017: $3,6292017Revenue 2018: $43,670Expenses 2018: $42,046Net Income 2018: $1,6242018Revenue 2019: $66,377Expenses 2019: $72,963Net Income 2019: -$6,5862019Revenue 2020: $22,764Expenses 2020: $54,529Net Income 2020: -$31,7652020Revenue 2021: $122,957Expenses 2021: $73,826Net Income 2021: $49,1312021Revenue 2022: $104,329Expenses 2022: $136,567Net Income 2022: -$32,2382022Revenue 2023: $111,275Expenses 2023: $110,086Net Income 2023: $1,1892023Revenue 2024: $85,506Expenses 2024: $90,475Net Income 2024: -$4,9692024

Highlighted filing

2022

Revenue$104,329
Expenses$136,567
Net Income-$32,238
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 10, 2023
Return Version
2022v5.0
Gross Receipts
$104,329
Mission and Program Overview

Mission

Provide musical eduation to high school students in iowa.

Program Services

DescriptionGrantsExpenses
TO PROVIDE MUSICAL EDUCATION TO HIGH SCHOOL STUDENTS IN IOWA RELATING TO PERCUSSION INSTRUMENTS.-$73,029
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TRAVIS HATTERYPresident-$0--
RYAN RENBARGERSecretary-$0--
TENA FABRAYDirector-$0--
HUNTER GRACETreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Crossroads Percussion
EIN
81-5195392
Phone
5156613460
Address
711 FINDLAY DR NW, ALTOONA, IA 50009

Signing Officer

Name
Hunter Grace
Title
Treasurer
Signed
2023-10-10
Discuss with paid preparer
Yes

Preparer

Firm
Klatt & Associates CPA PC
Address
617 Duff / PO Box 310, Ames, IA 50010
Preparer
D Aaron Klatt
Phone
5152325642
Supplemental Narrative

Additional Explanations

Other Revenue.1

TICKETS $19168

Other Revenue.2

IIMA REGISTRATION $2326

Other Revenue.3

XRP APPAREL $1263

Other Revenue.4

EQUIPMENT SALE $600

Other Revenue.5

EDUCATIONAL PACKETS $13

Other Expenses.1001

Advertising and Promotion $1089

Other Expenses.1005

Travel $43504

Other Expenses.1008

Interest $6323

Other Expenses.1009

Depreciation $6979

Other Expenses.1012

Insurance $3277

Other Expenses.1

CONTRACTORS $34361

Other Expenses.2

CONSUMABLES $17339

Other Expenses.3

PROGRAM ELEMENTS $9895

Other Expenses.4

MERCHANDISE $3619

Other Expenses.5

ADMINISTRATIVE $2366

Other Expenses.6

BAD DEBT $2257

Other Expenses.7

REFUNDS $1290

Other Expenses.8

COMPLIANCE $1141

Other Expenses.9

REGISTRATION FEES $1025

Other Expenses.10

MISCELLANEOUS $566

Other Expenses.11

TICKET SEED $500

Other Expenses.12

QUICKBOOKS FEES $485

Other Expenses.13

PROCESSING FEES $346

Other Expenses.14

MEALS $146

Other Expenses.15

BANK CHARGES $59

Other Assets.1001

Automobiles - Beginning $5472 Automobiles - Ending $3284

Other Assets.1003

Machinery and Equipment - Beginning $5439 Machinery and Equipment - Ending $8117

Other Assets.1005

Accounts Receivable - Beginning $49224 Accounts Receivable - Ending $44711

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $42 Accounts Payable and Accrued Expenses - Ending $63

Total Liabilities.1

EQUIPMENT LOAN - Beginning $8535 EQUIPMENT LOAN - Ending $49901

Total Liabilities.2

- Beginning $0 - Ending $0

Raw XML Appendix220 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.

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IRS990ScheduleA/PublicSupportCY509Pct00.99840
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TICKETS $19168
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IIMA REGISTRATION $2326
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2XRP APPAREL $1263
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EQUIPMENT SALE $600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EDUCATIONAL PACKETS $13
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Advertising and Promotion $1089
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Travel $43504
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Interest $6323
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Depreciation $6979
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Insurance $3277
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10CONTRACTORS $34361
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11CONSUMABLES $17339
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12PROGRAM ELEMENTS $9895
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13MERCHANDISE $3619
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14ADMINISTRATIVE $2366
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15BAD DEBT $2257
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16REFUNDS $1290
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17COMPLIANCE $1141
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18REGISTRATION FEES $1025
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19MISCELLANEOUS $566
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20TICKET SEED $500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21QUICKBOOKS FEES $485
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22PROCESSING FEES $346
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt23MEALS $146
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt24BANK CHARGES $59
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt25Automobiles - Beginning $5472 Automobiles - Ending $3284
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt26Machinery and Equipment - Beginning $5439 Machinery and Equipment - Ending $8117
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt27Accounts Receivable - Beginning $49224 Accounts Receivable - Ending $44711
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt28Accounts Payable and Accrued Expenses - Beginning $42 Accounts Payable and Accrued Expenses - Ending $63
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt29EQUIPMENT LOAN - Beginning $8535 EQUIPMENT LOAN - Ending $49901
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt30- Beginning $0 - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Revenue.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Revenue.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Revenue.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Revenue.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Revenue.5
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Other Expenses.10
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/ReturnTs02023-10-10T07:37:13-07:00
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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