Civic Intelligence

Sarasa Inc.

990EZ • Fiscal year 2016 • EIN 04-3540519

Sep 01, 2015 to Aug 31, 2016 • Filed on Jan 12, 2017

14 High StreetCambridge, MA 02138

(617) 492-4758

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Higher debt load relative to assets than 56% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

56th percentile

0.00x

Higher debt load relative to revenue than 56% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

19th percentile

-15%

Higher net margin than 19% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

86th percentile

$5,250

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 6.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

25th percentile

-14%

Faster asset growth than 25% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

14th percentile

-36%

Faster revenue growth than 14% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$118,042

Down $19,432 (-14%) from 2015

Net Assets

Down

$117,828

Down $18,930 (-14%) from 2015

Liabilities

Down

$214

Down $502 (-70%) from 2015

Revenue

Down

$88,194

Down $49,995 (-36%) from 2015

Expenses

Up

$101,490

Up $19,208 (+23%) from 2015

Net Income

Down

-$13,296

Down $69,203 (-124%) from 2015

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $46,778Liabilities 2011: $7,224Net Assets 2011: $39,5542011Assets 2012: $25,935Liabilities 2012: $45Net Assets 2012: $25,8902012Assets 2013: $21,341Liabilities 2013: $838Net Assets 2013: $20,5032013Assets 2014: $80,759Liabilities 2014: $189Net Assets 2014: $80,5702014Assets 2015: $137,474Liabilities 2015: $716Net Assets 2015: $136,7582015Assets 2016: $118,042Liabilities 2016: $214Net Assets 2016: $117,8282016Assets 2017: $140,743Liabilities 2017: $865Net Assets 2017: $139,8782017Assets 2018: $148,131Liabilities 2018: $555Net Assets 2018: $147,5762018Assets 2019: $120,900Liabilities 2019: $921Net Assets 2019: $119,9792019Assets 2020: $299,681Liabilities 2020: $208Net Assets 2020: $299,4732020Assets 2021: $351,435Liabilities 2021: $2,868Net Assets 2021: $348,5672021Assets 2022: $273,780Liabilities 2022: $2,625Net Assets 2022: $271,1552022Assets 2023: $257,645Liabilities 2023: $2,625Net Assets 2023: $255,0202023Assets 2024: $248,743Liabilities 2024: $2,625Net Assets 2024: $246,1182024Assets 2025: $363,511Liabilities 2025: $2,625Net Assets 2025: $360,8862025

Highlighted filing

2016

Assets$118,042
Liabilities$214
Net Assets$117,828

Operations Trend

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

$150K$100K$50K$0-$50K-$100KRevenue 2011: $37,462Expenses 2011: $23,666Net Income 2011: $13,7962011Revenue 2012: $34,415Expenses 2012: $48,079Net Income 2012: -$13,6642012Revenue 2013: $65,032Expenses 2013: $70,419Net Income 2013: -$5,3872013Revenue 2014: $133,656Expenses 2014: $73,589Net Income 2014: $60,0672014Revenue 2015: $138,189Expenses 2015: $82,282Net Income 2015: $55,9072015Revenue 2016: $88,194Expenses 2016: $101,490Net Income 2016: -$13,2962016Revenue 2017: $79,130Expenses 2017: $84,885Net Income 2017: -$5,7552017Revenue 2018: $93,979Expenses 2018: $115,062Net Income 2018: -$21,0832018Revenue 2019: $83,052Expenses 2019: $111,482Net Income 2019: -$28,4302019Revenue 2020: $77,387Expenses 2020: $82,000Net Income 2020: -$4,6132020Revenue 2021: $64,561Expenses 2021: $90,020Net Income 2021: -$25,4592021Revenue 2022: $64,531Expenses 2022: $123,013Net Income 2022: -$58,4822022Revenue 2023: $95,573Expenses 2023: $123,762Net Income 2023: -$28,1892023Revenue 2024: $115,152Expenses 2024: $124,054Net Income 2024: -$8,9022024Revenue 2025: $122,994Expenses 2025: $141,252Net Income 2025: -$18,2582025

Highlighted filing

2016

Revenue$88,194
Expenses$101,490
Net Income-$13,296
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
Jan 12, 2017
Return Version
2015v3.0
Gross Receipts
$88,194
Mission and Program Overview

Mission

Provide music to diverse groups

Program Services

DescriptionGrantsExpenses
PROVIDE CHAMBER MUSIC TO WIDE ARRAY OF PEOPLE,SCHOOLS, CHIDREN-HOSPITALS AND OTHERS TO ENHANCE & ENTICE IN THE WORLD OF CLASSICAL MUSIC$3,800$101,490
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ALYSSA LEEGeneral ManagerPT$5,250-$5,250
TIMOTHY MERTONPresident-$0--
BARBARA KAPPVice President-$0--
CHRISTOPH WALDTreasurer-$0--
HELEN BARRINGTONDirector-$0--
DEBORAH HOOVERDirector-$0--
TOM VIGNIERIDirector-$0--
Filing and Contact Details

Filer

Filer Name
Sarasa Inc
EIN
04-3540519
Phone
6174924758
Address
14 HIGH STREET, CAMBRIDGE, MA 02138

Signing Officer

Name
Timothy Merton
Title
President
Signed
2017-01-12
Discuss with paid preparer
Yes

Preparer

Firm
DAVIS TAX and FINANCIAL
Address
99 ABINGTON RD, DANVERS, MA 01923-4208
Preparer
Charles J Davis
Phone
9787774645
Supplemental Narrative

Additional Explanations

990EZ Part I Line 16

Advertising, auto, bank, supplies, dues & subscriptions equipment & hall rental, insurance, travel & office expenses total:$18,077

990EZ Part I Line 20

Prior year adjusment for other assets: ($5,634)

990EZ Part II Line 26

Credit card balance: $214

Raw XML Appendix155 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0TIMOTHY MERTON
IRS990EZ/BooksInCareOfDetail/PhoneNum06174924758
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt014 HIGH STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CAMBRIDGE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002138
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0131840
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0118042
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt059302
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-13296
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt067180
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0137474
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0118042
IRS990EZ/GrossReceiptsAmt088194
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt02568
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0136758
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0117828
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0136758
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0117828
IRS990EZ/OccupancyRentUtltsAndMaintAmt04655
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt615
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt65250
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0TIMOTHY MERTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BARBARA KAPP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CHRISTOPH WALD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3HELEN BARRINGTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DEBORAH HOOVER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5TOM VIGNIERI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6ALYSSA LEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6GENERAL MANAGER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt05634
IRS990EZ/OtherChangesInNetAssetsAmt0-5634
IRS990EZ/OtherExpensesTotalAmt018077
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE MUSIC TO DIVERSE GROUPS
IRS990EZ/PrintingPublicationsPostageAmt011578
IRS990EZ/ProgramServiceRevenueAmt026324
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE CHAMBER MUSIC TO WIDE ARRAY OF PEOPLE,SCHOOLS, CHIDREN-HOSPITALS AND OTHERS TO ENHANCE & ENTICE IN THE WORLD OF CLASSICAL MUSIC
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt03800
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0101490
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0716
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0214
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0101490
IRS990EZ/TotalProgramServiceExpensesAmt0101490
IRS990EZ/TotalRevenueAmt088194
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0PROGRAM SERVICES INCOME FROM CONCERTS ETC.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II LINE 10 - OTHER INCOME
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt059302
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0125514
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0102156
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt048187
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt015870
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0351029
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02568
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt082
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0273
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt062
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01826
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04811
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt026324
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt031226
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt016141
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt09837
IRS990ScheduleA/OtherIncome170Grp/TotalAmt083528
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.79890
IRS990ScheduleA/PublicSupportPY170Pct00.84110
IRS990ScheduleA/PublicSupportTotal170Amt0351029
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt059302
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0125514
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0102156
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt048187
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt015870
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0351029
IRS990ScheduleA/TotalSupportAmt0439368
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ADVERTISING, AUTO, BANK, SUPPLIES, DUES & SUBSCRIPTIONS EQUIPMENT & HALL RENTAL, INSURANCE, TRAVEL & OFFICE EXPENSES TOTAL:$18,077
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRIOR YEAR ADJUSMENT FOR OTHER ASSETS: ($5,634)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CREDIT CARD BALANCE: $214
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1990EZ PART I LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2990EZ PART II LINE 26
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TIMOTHY MERTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-01-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SARASA INC
ReturnHeader/Filer/BusinessNameControlTxt0SARA
ReturnHeader/Filer/EIN0043540519
ReturnHeader/Filer/PhoneNum06174924758
ReturnHeader/Filer/USAddress/AddressLine1Txt014 HIGH STREET
ReturnHeader/Filer/USAddress/CityNm0CAMBRIDGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002138
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0261127032
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAVIS TAX and FINANCIAL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt099 ABINGTON RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DANVERS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0019234208
ReturnHeader/PreparerPersonGrp/PhoneNum09787774645
ReturnHeader/PreparerPersonGrp/PreparationDt02017-01-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHARLES J DAVIS
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-03-20T23:35:44-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-09-01
ReturnHeader/TaxPeriodEndDt02016-08-31
ReturnHeader/TaxYr02015

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.$3.64$0.03$3.61$1.23$1.41$0.18
2024Detailed filing. Detailed filing data is available for this year.$2.49$0.03$2.46$1.15$1.24$0.09
2023Detailed filing. Detailed filing data is available for this year.$2.58$0.03$2.55$0.96$1.24$0.28
2022Detailed filing. Detailed filing data is available for this year.$2.74$0.03$2.71$0.65$1.23$0.58
2021Detailed filing. Detailed filing data is available for this year.$3.51$0.03$3.49$0.65$0.90$0.25
2020Detailed filing. Detailed filing data is available for this year.$3.00$0.00$2.99$0.77$0.82$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.21$0.01$1.20$0.83$1.11$0.28
2018Detailed filing. Detailed filing data is available for this year.$1.48$0.01$1.48$0.94$1.15$0.21
2017Detailed filing. Detailed filing data is available for this year.$1.41$0.01$1.40$0.79$0.85$0.06
2016Detailed filing. Detailed filing data is available for this year.$1.18$0.00$1.18$0.88$1.01$0.13
2015Detailed filing. Detailed filing data is available for this year.$1.37$0.01$1.37$1.38$0.82$0.56
2014Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.81$1.34$0.74$0.60
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.01$0.21$0.65$0.70$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.00$0.26$0.34$0.48$0.14
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.07$0.40$0.37$0.24$0.14
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • <$500k nonprofits