Liabilities / Assets
86th percentile
Higher debt load relative to assets than 86% of similar nonprofits.
Piedmont Music Academy Inc.
EIN 83-2453851 • 501(c)3 • Catawba, SC
Pub. 78 Eligible990-N CoverageNTEE B28
Profile
Piedmont music academy exists to meet the needs of home school students in the greater york county south carolina area. Our purpose is to support home school families in the musical education of their children in a caring and creative environment. We emphasize christian values that will foster thoughtfulness towards others, while encouraging high expectations for success through instruction that allows for individual differences and learning styles.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.16x
Liabilities / Revenue
85th percentile
Higher debt load relative to revenue than 85% of similar nonprofits.
Net Margin
51st percentile
Higher net margin than 51% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 8.0% of source-year revenue.
Asset Growth
75th percentile
Faster asset growth than 75% of similar nonprofits.
Revenue Growth
56th percentile
Faster revenue growth than 56% of similar nonprofits.
Balance Sheet
Assets
Up$62,957
Up $14,072 (+29%) from 2023
Liabilities
Up$10,167
Up $1,987 (+24%) from 2023
Net Assets
Up$52,790
Up $12,085 (+30%) from 2023
Revenue
Up$137,285
Up $9,275 (+7.2%) from 2023
Expenses
Up$125,201
Up $8,608 (+7.4%) from 2023
Net Income
Up$12,084
Up $667 (+5.8%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $62,957
- Liabilities
- $10,167
- Net assets
- $52,790
- Revenue
- $137,285
- Expenses
- $125,201
- Net income
- $12,084
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Feb 14, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $139,052
Mission and Program Overview
Mission
Piedmont music academy exists to meet the needs of home school students in the greater york county south carolina area. Our purpose is to support home school families in the musical education of their children in a caring and creative environment. We emphasize christian values that will foster thoughtfulness towards others, while encouraging high expectations for success through instruction that allows for individual differences and learning styles.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| MUSIC EDUCATION | - | $122,721 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| SARITA MAXWELL | Executive Di | PT | $10,930 | - | $10,930 |
| RACHEL BAER | President | PT | $0 | - | - |
| NENA HARRIS | Vice Preside | PT | $0 | - | - |
| LUMINITA DAN | Treasurer | PT | $0 | - | - |
| DAVID KENT | Secretary | PT | $0 | - | - |
| JIM RYERSON | Board Member | - | $0 | - | - |
| ANNESHA DIBB | Board Member | - | $0 | - | - |
| CLAIRE INCORVATI | Board Member | - | $0 | - | - |
| RYAN DAWSON | Board Member | - | $0 | - | - |
| MICHAEL WHITE | Board Member | - | $0 | - | - |
| KATIE REICH | Board Member | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Piedmont Music Academy
- EIN
- 83-2453851
- Phone
- 7049057113
- Address
- 268 JAYCEE DR, CATAWBA, SC 29704
Signing Officer
- Name
- Sarita Maxwell
- Title
- Executive Director
- Phone
- 7049057113
- Signed
- 2025-02-14
- Discuss with paid preparer
- Yes
Preparer
- Firm
- DAVIES GOLDSTEIN & ASSOCIATES CPA'S
- Address
- PO BOX 156, MATTHEWS, NC 28106
- Preparer
- Frank D Davies
- Phone
- 7046840555
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses office 1,062 insurance 774 program expenses 10,986 activity/field trip exp 6,345 merchant fees 2,073 instrument expense 2,468 total 23,708”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 0 2,104 deferred revenue 8,180 8,063”
Form 990-ez, Part III
“Piedmont music academy exists to meet the needs of home school students in the greater york county south carolina area. Our purpose is to support home school families in the musical education of their children in a caring and creative environment. We emphasize christian values that will foster thoughtfulness towards others, while encouraging high expectations for success through instruction that allows for individual differences and learning styles.”
Raw XML Appendix167 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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|---|---|---|
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| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
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| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 74043 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
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| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 62957 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 2058 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | -110 |
| IRS990EZ/GrossReceiptsAmt | 0 | 139052 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 1657 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
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| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 34 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 3.00 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 9 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 10 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | SARITA MAXWELL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | RACHEL BAER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | NENA HARRIS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | LUMINITA DAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | DAVID KENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | JIM RYERSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | ANNESHA DIBB |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | CLAIRE INCORVATI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | RYAN DAWSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 9 | MICHAEL WHITE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 10 | KATIE REICH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | EXECUTIVE DI |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | BOARD MEMBER |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 9 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 10 | BOARD MEMBER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 23708 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | PIEDMONT MUSIC ACADEMY EXISTS TO MEET THE NEEDS OF HOME SCHOOL STUDENTS IN THE GREATER YORK COUNTY SOUTH CAROLINA AREA. OUR PURPOSE IS TO SUPPORT HOME SCHOOL FAMILIES IN THE MUSICAL EDUCATION OF THEIR CHILDREN IN A CARING AND CREATIVE ENVIRONMENT. WE EMPHASIZE CHRISTIAN VALUES THAT WILL FOSTER THOUGHTFULNESS TOWARDS OTHERS, WHILE ENCOURAGING HIGH EXPECTATIONS FOR SUCCESS THROUGH INSTRUCTION THAT ALLOWS FOR INDIVIDUAL DIFFERENCES AND LEARNING STYLES. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 132373 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | MUSIC EDUCATION |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 122721 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 25450 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | true |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 2058 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 8180 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 10167 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
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| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 122721 |
| IRS990EZ/TotalRevenueAmt | 0 | 137285 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | true |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | NONDISCRIMINATION POLICY IS PUBLISHED ON THE ORGANIZATION'S WEBSITE. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE E, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES OFFICE 1,062 INSURANCE 774 PROGRAM EXPENSES 10,986 ACTIVITY/FIELD TRIP EXP 6,345 MERCHANT FEES 2,073 INSTRUMENT EXPENSE 2,468 TOTAL 23,708 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 2,104 DEFERRED REVENUE 8,180 8,063 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | PIEDMONT MUSIC ACADEMY EXISTS TO MEET THE NEEDS OF HOME SCHOOL STUDENTS IN THE GREATER YORK COUNTY SOUTH CAROLINA AREA. OUR PURPOSE IS TO SUPPORT HOME SCHOOL FAMILIES IN THE MUSICAL EDUCATION OF THEIR CHILDREN IN A CARING AND CREATIVE ENVIRONMENT. WE EMPHASIZE CHRISTIAN VALUES THAT WILL FOSTER THOUGHTFULNESS TOWARDS OTHERS, WHILE ENCOURAGING HIGH EXPECTATIONS FOR SUCCESS THROUGH INSTRUCTION THAT ALLOWS FOR INDIVIDUAL DIFFERENCES AND LEARNING STYLES. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | SARITA MAXWELL |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7049057113 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-02-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | PIEDMONT MUSIC ACADEMY |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | PIED |
| ReturnHeader/Filer/EIN | 0 | 832453851 |
| ReturnHeader/Filer/PhoneNum | 0 | 7049057113 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 268 JAYCEE DR |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CATAWBA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | SC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 29704 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 262669494 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | DAVIES GOLDSTEIN & ASSOCIATES CPA'S |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 156 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | MATTHEWS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 28106 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7046840555 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-03-03 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | FRANK D DAVIES |
| ReturnHeader/ReturnTs | 0 | 2025-03-05T14:20:53-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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