Civic Intelligence

Academy of Strings Foundation

990EZ • Fiscal year 2015 • EIN 83-0459299

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

PO Box 3431Johnson City, TN 37602

(423) 915-1212

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 2015

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2015

Net Margin

12th percentile

-29%

Higher net margin than 12% of similar nonprofits.

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

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

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

Asset Growth

39th percentile

-3.2%

Faster asset growth than 39% of similar nonprofits.

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

Revenue Growth

10th percentile

-49%

Faster revenue growth than 10% of similar nonprofits.

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

Assets

Down

$101,308

Down $3,393 (-3.2%) from 2014

Net Assets

Down

$101,308

Down $3,393 (-3.2%) from 2014

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$11,805

Down $11,252 (-49%) from 2014

Expenses

Up

$15,198

Up $426 (+2.9%) from 2014

Net Income

Down

-$3,393

Down $11,678 (-141%) from 2014

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2011: $58,632Liabilities 2011: $0Net Assets 2011: $58,6322011Assets 2012: $76,204Net Assets 2012: $76,2042012Assets 2013: $96,416Net Assets 2013: $96,4162013Assets 2014: $104,701Net Assets 2014: $104,7012014Assets 2015: $101,308Net Assets 2015: $101,3082015Assets 2016: $108,742Net Assets 2016: $108,7422016Assets 2017: $109,640Liabilities 2017: $02017Assets 2018: $113,326Liabilities 2018: $02018Assets 2019: $121,885Liabilities 2019: $02019Assets 2020: $117,473Net Assets 2020: $117,4732020Assets 2021: $112,289Liabilities 2021: $02021Assets 2022: $105,471Net Assets 2022: $105,4712022Assets 2023: $99,850Net Assets 2023: $99,8502023Assets 2024: $82,910Net Assets 2024: $82,9102024Assets 2025: $86,548Net Assets 2025: $86,5482025

Highlighted filing

2015

Assets$101,308
Liabilities-
Net Assets$101,308

Operations Trend

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

$40K$20K$0-$20KRevenue 2011: $26,521Expenses 2011: $19,074Net Income 2011: $7,4472011Revenue 2012: $28,427Expenses 2012: $10,855Net Income 2012: $17,5722012Revenue 2013: $26,834Expenses 2013: $6,622Net Income 2013: $20,2122013Revenue 2014: $23,057Expenses 2014: $14,772Net Income 2014: $8,2852014Revenue 2015: $11,805Expenses 2015: $15,198Net Income 2015: -$3,3932015Revenue 2016: $24,753Expenses 2016: $17,319Net Income 2016: $7,4342016Revenue 2017: $24,733Expenses 2017: $23,835Net Income 2017: $8982017Revenue 2018: $17,900Expenses 2018: $14,214Net Income 2018: $3,6862018Revenue 2019: $27,507Expenses 2019: $18,948Net Income 2019: $8,5592019Revenue 2020: $23,101Expenses 2020: $27,513Net Income 2020: -$4,4122020Revenue 2021: $16,550Expenses 2021: $21,734Net Income 2021: -$5,1842021Revenue 2022: $16,872Expenses 2022: $23,690Net Income 2022: -$6,8182022Revenue 2023: $25,181Expenses 2023: $30,802Net Income 2023: -$5,6212023Revenue 2024: $15,350Expenses 2024: $32,290Net Income 2024: -$16,9402024Revenue 2025: $33,975Expenses 2025: $30,337Net Income 2025: $3,6382025

Highlighted filing

2015

Revenue$11,805
Expenses$15,198
Net Income-$3,393
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 20, 2015
Return Version
2014v5.0
Gross Receipts
$12,145
Mission and Program Overview

Mission

CHARITABLE FOUNDATION

Program Services

DescriptionGrantsExpenses
The Foundation promotes and supports the educational purposes of Academy of Strings, a Tennessee non-profit corporation exempt from federal income tax under Sec. 501c3 of the IRC., as it fundraising organization.-$13,840
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BILL MESSERSCHMIDTChariman-$0--
JONATHAN BELLTreasurer-$0--
KIMBERLY BARRETTSecretary-$0--
GIRI HOSKERETrustee/Director-$0--
TIM BARRETTTrustee/Director-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Performance$530$530-$530
Christmas Ornaments$25$25-$25
Total Events$555$555-$555
Filing and Contact Details

Filer

Filer Name
Academy of Strings Foundation
EIN
83-0459299
Phone
4239151212
Address
PO BOX 3431, JOHNSON CITY, TN 37602

Signing Officer

Name
Kim 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 10, Grants Paid

Activity , Grantee ACADEMY OF STRINGS PO BOX 3431 JOHNSON CITY TN 37602, Cash Grant 13,840, Relationship Creator

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

Dues and subscriptions 338

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

INVENTORY Beginning of year 5,522, End of year 5,182

Raw XML Appendix177 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Dues and subscriptions 338
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INVENTORY Beginning of year 5,522, End of year 5,182
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10, Grants Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
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ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0A Joseph Vance II CPA
ReturnHeader/ReturnTs02015-11-20T04:50:42-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.87$0.87$0.34$0.30$0.04
2024Detailed filing. Detailed filing data is available for this year.$0.83$0.83$0.15$0.32$0.17
2023Detailed filing. Detailed filing data is available for this year.$1.00$1.00$0.25$0.31$0.06
2022Detailed filing. Detailed filing data is available for this year.$1.05$1.05$0.17$0.24$0.07
2021Summary only. Only limited summary data is available for this year.$1.12$0.00$0.17$0.22$0.05
2020Detailed filing. Detailed filing data is available for this year.$1.17$1.17$0.23$0.28$0.04
2019Summary only. Only limited summary data is available for this year.$1.22$0.00$0.28$0.19$0.09
2018Summary only. Only limited summary data is available for this year.$1.13$0.00$0.18$0.14$0.04
2017Summary only. Only limited summary data is available for this year.$1.10$0.00$0.25$0.24$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.09$1.09$0.25$0.17$0.07
2015Detailed filing. Detailed filing data is available for this year.$1.01$1.01$0.12$0.15$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.05$1.05$0.23$0.15$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.96$0.27$0.07$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.76$0.28$0.11$0.18
2011Summary only. Only limited summary data is available for this year.$0.59$0.00$0.59$0.27$0.19$0.07