Civic Intelligence

Twin Steeples Inc.

990 • Fiscal year 2023 • EIN 85-4121532

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 15, 2024

220 East Oak StreetPonchatoula, LA 70454

(985) 974-2079

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

Higher debt load relative to assets than 33% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

36th percentile

0.00x

Higher debt load relative to revenue than 36% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

10th percentile

-35%

Higher net margin than 10% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

27th percentile

-4.6%

Faster asset growth than 27% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

5th percentile

-53%

Faster revenue growth than 5% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$880,131

Down $42,361 (-4.6%) from 2022

Net Assets

Down

$879,896

Down $40,651 (-4.4%) from 2022

Liabilities

Down

$235

Down $1,710 (-88%) from 2022

Revenue

Down

$117,678

Down $132,647 (-53%) from 2022

Expenses

Down

$158,329

Down $6,965 (-4.2%) from 2022

Net Income

Down

-$40,651

Down $125,682 (-148%) from 2022

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2020: $293,201Liabilities 2020: $0Net Assets 2020: $293,2012020Assets 2021: $837,086Liabilities 2021: $1,570Net Assets 2021: $835,5162021Assets 2022: $922,492Liabilities 2022: $1,945Net Assets 2022: $920,5472022Assets 2023: $880,131Liabilities 2023: $235Net Assets 2023: $879,8962023Assets 2024: $811,671Liabilities 2024: $158Net Assets 2024: $811,5132024

Highlighted filing

2023

Assets$880,131
Liabilities$235
Net Assets$879,896

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2020: $300,000Expenses 2020: $6,799Net Income 2020: $293,2012020Revenue 2021: $591,629Expenses 2021: $49,314Net Income 2021: $542,3152021Revenue 2022: $250,325Expenses 2022: $165,294Net Income 2022: $85,0312022Revenue 2023: $117,678Expenses 2023: $158,329Net Income 2023: -$40,6512023Revenue 2024: $99,439Expenses 2024: $167,822Net Income 2024: -$68,3832024

Highlighted filing

2023

Revenue$117,678
Expenses$158,329
Net Income-$40,651
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 15, 2024
Return Version
2023v5.0
Gross Receipts
$127,940
Mission and Program Overview

Mission

Twin steeples, inc. (tsi) is a multidisciplinary arts organization that is dedicated to expanding the cultural and creative opportunities for ponchatoula, its surrounding area and louisiana. Tsi initiates and sponsors creative arts procramming and presents year round performing arts series, display visual art and signature events of juried art exhibits, writings and philosophers, musical gatherings, theatrical, film and more. To awaken, enliven and enlighten the mind through the seven arts in humanity and the natural world around us. To educate, learn and provoke exploration, contemplation, engagement and appreciation of creative ideas. Provide a public safe space for creative artists to perform and show their unique innovative, inspirational, surprising and exciting works. To focus on instilling a positive experience for the community and to enhance interaction and dialogue through the arts, nature and education. To explore all facets of the imaginative mind while creatively influenci

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$832,383$824,360▼ $8,023
Cash and Non-Interest-Bearing Accounts$75,880$55,771▼ $20,109
Total Assets$922,492$880,131▼ $42,361
Other Assets Total$14,229--
Liabilities
Other Liabilities$1,945$235▼ $1,710
Total Liabilities$1,945$235▼ $1,710
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$920,547$879,896▼ $40,651
Total Net Assets Fund Balance$920,547$879,896▼ $40,651
Total Liabilities and Net Assets / Fund Balance$922,492$880,131▼ $42,361

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$804,360$48,573$852,933
Land$20,000-$20,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Trina HaynesPresident
Jodi SchaffBoard Member
Lauren FannalyBoard Member
Rhonda SheridanBoard Member
Wanda EvansBoard Member
William SimsBoard Member
Aaron GordonSecretary
Lee BarendsTreasurer
Kim H ZabbiaVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$55,328
Program Service Revenue
$36,499
Investment Income
$0
Other Revenue
$25,851
All Other Contributions
$55,328
Change in Net Assets
$-40,651
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$108,994
Salaries, Compensation, and Employee Benefits$49,335
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$45,829-$45,829
Depreciation Depletion$22,252--$22,252
Insurance-$17,415-$17,415
Other Expenses$6,688$12,190-$6,688
All Other Expenses$767$3,629-$4,396
Payroll Taxes-$3,506-$3,506
Advertising$3,313--$3,313
Fees for Services Legal-$3,228-$3,228
Office Expenses-$2,183-$2,183
Fees for Services Other$450--$450
Interest-$33-$33
Total Functional Expenses$70,316$88,013$0$158,329
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$33,539
Fundraising Direct Expenses$10,262
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Showdown Fundra$33,539$33,539$10,262$23,277
Total Events$33,539$33,539$10,262$23,277
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sales Tax Liability$156
Payroll Liability$79
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

A copy of the completed form 990 was given to the president of the organization to distribute to all board members. The president of the organization reviewed and approved the form 990 before filing electronically with the internal revenue service.

Form 990, Page 6, Part VI, Line 12C

Annually the board of directors is required to sign a conflict of interest policy to confirming that they have no conflicts of interest with the organization.

Form 990, Page 6, Part VI, Line 19

A copy of the governing documents are maintained at the organization's principal office location and at the location of the outside accountant's office and are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Twin Steeples Inc
EIN
85-4121532
Phone
9859742079
Address
220 EAST OAK STREET, PONCHATOULA, LA 70454

Signing Officer

Name
Trina Haynes
Title
President
Phone
9855071307
Signed
2024-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Trina Haynes
Formed
2020
Legal Domicile
La
Voting Board Members
9
Independent Board Members
9
Employees
5

Preparer

Firm
James Lambert Riggs & Associates Inc
Address
401 E THOMAS ST, HAMMOND, LA 70401-3319
Preparer
Dennis E James CPA
Phone
9853456262
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Twin steeples, inc. (tsi) is a multidisciplinary arts organization that is dedicated to expanding the cultural and creative opportunities for ponchatoula, its surrounding area and louisiana. Tsi initiates and sponsors creative arts procramming and presents year round performing arts series, display visual art and signature events of juried art exhibits, writings and philosophers, musical gatherings, theatrical, film and more. To awaken, enliven and enlighten the mind through the seven arts in humanity and the natural world around us. To educate, learn and provoke exploration, contemplation, engagement and appreciation of creative ideas. Provide a public safe space for creative artists to perform and show their unique innovative, inspirational, surprising and exciting works. To focus on instilling a positive experience for the community and to enhance interaction and dialogue through the arts, nature and education. To explore all facets of the imaginative mind while creatively influencing society in making a long lasting difference in positive values, and having an underlying awareness of human interaction, expressions, and respected beliefs. Support for the center will be provided by earned income, member donations, business donations, private foundations, grants and government funding.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TWIN STEEPLES, INC. (TSI) IS A MULTIDISCIPLINARY ARTS ORGANIZATION THAT IS DEDICATED TO EXPANDING THE CULTURAL AND CREATIVE OPPORTUNITIES FOR PONCHATOULA, ITS SURROUNDING AREA AND LOUISIANA. TSI INITIATES AND SPONSORS CREATIVE ARTS PROCRAMMING AND PRESENTS YEAR ROUND PERFORMING ARTS SERIES, DISPLAY VISUAL ART AND SIGNATURE EVENTS OF JURIED ART EXHIBITS, WRITINGS AND PHILOSOPHERS, MUSICAL GATHERINGS, THEATRICAL, FILM AND MORE. TO AWAKEN, ENLIVEN AND ENLIGHTEN THE MIND THROUGH THE SEVEN ARTS IN HUMANITY AND THE NATURAL WORLD AROUND US. TO EDUCATE, LEARN AND PROVOKE EXPLORATION, CONTEMPLATION, ENGAGEMENT AND APPRECIATION OF CREATIVE IDEAS. PROVIDE A PUBLIC SAFE SPACE FOR CREATIVE ARTISTS TO PERFORM AND SHOW THEIR UNIQUE INNOVATIVE, INSPIRATIONAL, SURPRISING AND EXCITING WORKS. TO FOCUS ON INSTILLING A POSITIVE EXPERIENCE FOR THE COMMUNITY AND TO ENHANCE INTERACTION AND DIALOGUE THROUGH THE ARTS, NATURE AND EDUCATION. TO EXPLORE ALL FACETS OF THE IMAGINATIVE MIND WHILE CREATIVELY INFLUENCING SOCIETY IN MAKING A LONG LASTING DIFFERENCE IN POSITIVE VALUES, AND HAVING AN UNDERLYING AWARENESS OF HUMAN INTERACTION, EXPRESSIONS, AND RESPECTED BELIEFS. SUPPORT FOR THE CENTER WILL BE PROVIDED BY EARNED INCOME, MEMBER DONATIONS, BUSINESS DONATIONS, PRIVATE FOUNDATIONS, GRANTS AND GOVERNMENT FUNDING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE COMPLETED FORM 990 WAS GIVEN TO THE PRESIDENT OF THE ORGANIZATION TO DISTRIBUTE TO ALL BOARD MEMBERS. THE PRESIDENT OF THE ORGANIZATION REVIEWED AND APPROVED THE FORM 990 BEFORE FILING ELECTRONICALLY WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUALLY THE BOARD OF DIRECTORS IS REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY TO CONFIRMING THAT THEY HAVE NO CONFLICTS OF INTEREST WITH THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THE GOVERNING DOCUMENTS ARE MAINTAINED AT THE ORGANIZATION'S PRINCIPAL OFFICE LOCATION AND AT THE LOCATION OF THE OUTSIDE ACCOUNTANT'S OFFICE AND ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TRINA HAYNES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09855071307
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-08-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TWIN STEEPLES INC
ReturnHeader/Filer/BusinessNameControlTxt0TWIN
ReturnHeader/Filer/EIN0854121532
ReturnHeader/Filer/PhoneNum09859742079
ReturnHeader/Filer/USAddress/AddressLine1Txt0220 EAST OAK STREET
ReturnHeader/Filer/USAddress/CityNm0PONCHATOULA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0721462261
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JAMES LAMBERT RIGGS & ASSOCIATES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0401 E THOMAS ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HAMMOND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0704013319
ReturnHeader/PreparerPersonGrp/PhoneNum09853456262
ReturnHeader/PreparerPersonGrp/PreparationDt02024-07-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DENNIS E JAMES CPA
ReturnHeader/ReturnTs02024-07-25T17:42:59-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TRINA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HAYNES
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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