Civic Intelligence

The Crescent Theater

EIN 92-1828363 • 501(c)3 • North Haledon, NJ

Profile

To educate and entertain through theater arts. To create opportunities for all people in theater arts.

263 Manchester AvenueNorth Haledon, NJ 07508
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

94th percentile

1.15x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2023

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Balance Sheet
Liabilities / Assets94th percentile

Assets

$163,409

No earlier filing loaded for comparison.

Liabilities

$188,467

No earlier filing loaded for comparison.

Net Assets

-$25,058

No earlier filing loaded for comparison.

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

$0

No earlier filing loaded for comparison.

Expenses

$25,058

No earlier filing loaded for comparison.

Net Income

-$25,058

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$100K$0-$100KAssets 2023: $163,409Liabilities 2023: $188,467Net Assets 2023: -$25,0582023

Highlighted filing

2023

Assets$163,409
Liabilities$188,467
Net Assets-$25,058
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40K$20K$0-$20K-$40KRevenue 2023: $0Expenses 2023: $25,058Net Income 2023: -$25,0582023

Highlighted filing

2023

Revenue$0
Expenses$25,058
Net Income-$25,058
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$163,409
Liabilities
$188,467
Net assets
-$25,058
Revenue
$0
Expenses
$25,058
Net income
-$25,058
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$1.63$1.88$0.25$0.00$0.25$0.25
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 8, 2024
Return Version
2023v5.1
Gross Receipts
$0
Mission and Program Overview

Mission

To educate and entertain through theater arts. To create opportunities for all people in theater arts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net-$163,409-
Rtn Earn Endowment Incm Other Fnds-$-25,058-
Total Assets$0$163,409▲ $163,409
Liabilities
Unsecured Notes Loans Payable-$188,467-
Total Liabilities$0$188,467▲ $188,467
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$-25,058▼ $25,058
Total Liabilities and Net Assets / Fund Balance$0$163,409▲ $163,409

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$133,409$3,067$136,476
Land$30,000-$30,000
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Joshua ReedCEO
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-25,058
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$25,058
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance-$4,011-$4,011
Depreciation Depletion-$3,067-$3,067
Conferences and Meetings-$692-$692
Fees for Services Accounting-$650-$650
Travel-$607-$607
Other Expenses-$279-$279
Office Expenses-$139-$139
Total Functional Expenses$0$25,058$0$25,058
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
The Crescent Theater
EIN
92-1828363
Phone
9737130869
Address
263 MANCHESTER AVENUE, NORTH HALEDON, NJ 07508

Signing Officer

Name
Joshua Reed
Title
CEO
Phone
9737130869
Signed
2024-11-08
Discuss with paid preparer
No

Organization Details

Principal Officer
Joshua Reed
Formed
2023
Legal Domicile
Nj
Voting Board Members
1
Independent Board Members
0
Employees
0

Preparer

Firm
Vervaet Holdings LLC
Address
576 Valley Rd Suite 139, Wayne, NJ 07470
Preparer
Debbie A Vervaet
Phone
9738368315
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24

“SECURITY - 279”

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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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