Civic Intelligence

Joyful Noise Inc.

990 • Fiscal year 2017 • EIN 05-0377713

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 20, 2018

9 New London AvenueWest Warwick, RI 02893

(401) 828-8210

Siviq Scores

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

Liabilities / Assets

74th percentile

0.23x

Higher debt load relative to assets than 74% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

43rd percentile

0.02x

Higher debt load relative to revenue than 43% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

41st percentile

0.4%

Higher net margin than 41% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

77th percentile

20%

Faster asset growth than 77% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

37th percentile

-0.8%

Faster revenue growth than 37% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$58,044

Up $9,534 (+20%) from 2016

Net Assets

Up

$44,691

Up $2,875 (+6.9%) from 2016

Liabilities

Up

$13,353

Up $6,659 (+99%) from 2016

Revenue

Down

$720,945

Down $6,174 (-0.8%) from 2016

Expenses

Down

$718,070

Down $14,205 (-1.9%) from 2016

Net Income

Up

$2,875

Up $8,031 (+156%) from 2016

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $165,336Liabilities 2011: $20,990Net Assets 2011: $144,3462011Assets 2012: $155,766Liabilities 2012: $16,497Net Assets 2012: $139,2692012Assets 2013: $77,174Liabilities 2013: $28,321Net Assets 2013: $48,8532013Assets 2014: $69,018Liabilities 2014: $23,028Net Assets 2014: $45,9902014Assets 2015: $52,393Liabilities 2015: $5,421Net Assets 2015: $46,9722015Assets 2016: $48,510Liabilities 2016: $6,694Net Assets 2016: $41,8162016Assets 2017: $58,044Liabilities 2017: $13,353Net Assets 2017: $44,6912017Assets 2018: $108,901Liabilities 2018: $19,394Net Assets 2018: $89,5072018Assets 2019: $131,309Liabilities 2019: $8,332Net Assets 2019: $122,9772019Assets 2020: $189,497Liabilities 2020: $128,999Net Assets 2020: $60,4982020Assets 2021: $488,113Liabilities 2021: $130,683Net Assets 2021: $357,4302021Assets 2022: $693,735Liabilities 2022: $19,944Net Assets 2022: $673,7912022Assets 2023: $585,393Liabilities 2023: $23,073Net Assets 2023: $562,3202023Assets 2024: $405,322Liabilities 2024: $32,971Net Assets 2024: $372,3512024

Highlighted filing

2017

Assets$58,044
Liabilities$13,353
Net Assets$44,691

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $758,196Expenses 2011: $776,897Net Income 2011: -$18,7012011Expenses 2012: $780,6412012Revenue 2013: $676,869Expenses 2013: $767,285Net Income 2013: -$90,4162013Revenue 2014: $671,845Expenses 2014: $674,708Net Income 2014: -$2,8632014Revenue 2015: $768,161Expenses 2015: $767,179Net Income 2015: $9822015Revenue 2016: $727,119Expenses 2016: $732,275Net Income 2016: -$5,1562016Revenue 2017: $720,945Expenses 2017: $718,070Net Income 2017: $2,8752017Revenue 2018: $796,450Expenses 2018: $751,634Net Income 2018: $44,8162018Revenue 2019: $853,628Expenses 2019: $820,158Net Income 2019: $33,4702019Revenue 2020: $664,113Expenses 2020: $726,594Net Income 2020: -$62,4812020Revenue 2021: $1,153,894Expenses 2021: $980,162Net Income 2021: $173,7322021Revenue 2022: $1,324,562Expenses 2022: $1,131,401Net Income 2022: $193,1612022Revenue 2023: $1,169,841Expenses 2023: $1,281,312Net Income 2023: -$111,4712023Revenue 2024: $1,113,088Expenses 2024: $1,303,057Net Income 2024: -$189,9692024

Highlighted filing

2017

Revenue$720,945
Expenses$718,070
Net Income$2,875
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 20, 2018
Return Version
2017v2.3
Gross Receipts
$723,387
Mission and Program Overview

Mission

Child care services

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$18,011$25,711▲ $7,700
Prepaid Expenses and Deferred Charges$15,564$15,348▼ $216
Savings and Temporary Cash Investments$905$10,777▲ $9,872
Land, Buildings, and Equipment, Net$14,030$6,208▼ $7,822
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Total Assets$48,510$58,044▲ $9,534
Liabilities
Accounts Payable and Accrued Expenses$6,694$13,353▲ $6,659
Total Liabilities$6,694$13,353▲ $6,659
Net Assets / Fund Balance
Unrestricted Net Assets$41,654$44,529▲ $2,875
Temporarily Rstr Net Assets$162$162→ $0
Total Net Assets Fund Balance$41,816$44,691▲ $2,875
Total Liabilities and Net Assets / Fund Balance$48,510$58,044▲ $9,534

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$6,208$167,788$173,996
Equipment$0$18,737$18,737
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$15,865
Program Service Revenue
$690,710
Investment Income
$5
Other Revenue
$14,365
All Other Contributions
$15,865
Change in Net Assets
$2,875
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$514,678
Other Expenses$203,392
Total Fundraising Expense$6,023
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$354,109$58,601$3,638$416,348
Current Officers, Directors, Trustees, and Key Employees-$51,345$1,662$53,007
Payroll Taxes$26,744$17,856$723$45,323
Occupancy$28,136$8,885-$37,021
All Other Expenses$13,376$9,565-$22,941
Insurance$13,213$4,173-$17,386
Other Expenses$14,651$31,379-$14,651
Office Expenses$5,924$2,016-$7,940
Fees for Services Other$4,219$1,841-$6,060
Travel$3,510--$3,510
Advertising$668--$668
Interest-$42-$42
Total Functional Expenses$516,472$195,575$6,023$718,070
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$7,189
Fundraising Direct Expenses$2,442
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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, Part VI, Section B, line 11B

The board of directors review and approve the form 990 in consultation with the executive director and bookkeeper. The treasurer reports back to the accounting firm to file the return. The form 990 is available to board members who want copies.

Form 990, Part VI, Section C, line 19

The organization makes all governing documents, conflict of interest policies and financial information available upon request.

Filing and Contact Details

Filer

Filer Name
Joyful Noise Inc
EIN
05-0377713
Phone
4018288210
Address
9 New London Avenue, West Warwick, RI 02893

Signing Officer

Name
Adrienne Zampini
Title
Director
Phone
4018288210
Signed
2018-08-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Adrienne Zampini
Formed
1978
Legal Domicile
Ri
Voting Board Members
12
Independent Board Members
12
Employees
27
Volunteers
5

Preparer

Firm
Aaronson Lavoie Streitfeld Diaz & Co PC
Address
1604 Broad Street, Cranston, RI 02905
Preparer
Mary-Jo Younger
Phone
4012230205
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

Joyful Noise is exempt from federal income taxes under section 501-c-3 of the Internal Revenue Code and applicable state law. The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the from an uncertain tax position only if it is morelikely than not that the tax position will be sustained on examiniation by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Organization and various positions related to the potential sources of unrelated business taxable income (UBIT). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for years ending June 30, 2017 and 2016. The Organization is generally no longer subject to examination by the Internal Revenue Service for years before 2014.

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IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0207620
IRS990/PYOtherRevenueAmt08048
IRS990/PYProgramServiceRevenueAmt0707534
IRS990/PYRevenuesLessExpensesAmt0-5156
IRS990/PYSalariesCompEmpBnftPaidAmt0524655
IRS990/PYTotalExpensesAmt0732275
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0727119
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt02875
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0690710
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0905
IRS990/SavingsAndTempCashInvstGrp/EOYAmt010777
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Insurance rebate - 2013 Amount: $ 3,160. 2014 Amount: $ 3,806. 2015 Amount: $ 2,820. 2016 Amount: $ 3,420. 2017 Amount: $ 2,435. Miscellaneous - 2013 Amount: $ 242. 2014 Amount: $ 150. 2015 Amount: $ 45. 2016 Amount: $ 16. Voided checks - 2017 Amount: $ 7,183.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part III, Line 12, Explanation of Other Income:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt015865
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt011537
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt010961
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt011744
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt052766
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0102873
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt05
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt07
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0697899
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0714137
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0758198
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0659246
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0632378
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03461858
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt05
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt07
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt09618
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt03436
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt02865
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt03956
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt03402
IRS990ScheduleA/OtherIncome509Grp/TotalAmt023277
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99350
IRS990ScheduleA/PublicSupportPY509Pct00.99400
IRS990ScheduleA/PublicSupportTotal509Amt03564731
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0713764
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0725674
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0769159
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0670990
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0685144
IRS990ScheduleA/Total509Grp/TotalAmt03564731
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0723387
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0729110
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0772024
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0674947
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0688547
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03588015
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt018737
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt018737
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt06208
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0167788
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0173996
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Joyful Noise is exempt from federal income taxes under section 501-c-3 of the Internal Revenue Code and applicable state law. The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the from an uncertain tax position only if it is morelikely than not that the tax position will be sustained on examiniation by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Organization and various positions related to the potential sources of unrelated business taxable income (UBIT). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for years ending June 30, 2017 and 2016. The Organization is generally no longer subject to examination by the Internal Revenue Service for years before 2014.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06208
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The board of directors review and approve the form 990 in consultation with the executive director and bookkeeper. The treasurer reports back to the accounting firm to file the return. The form 990 is available to board members who want copies.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization makes all governing documents, conflict of interest policies and financial information available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0162
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0162
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt048510
IRS990/TotalAssetsEOYAmt058044
IRS990/TotalAssetsGrp/BOYAmt048510
IRS990/TotalAssetsGrp/EOYAmt058044
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt015865
IRS990/TotalEmployeeCnt027
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt06023
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0195575
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0516472
IRS990/TotalFunctionalExpensesGrp/TotalAmt0718070
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06694
IRS990/TotalLiabilitiesEOYAmt013353
IRS990/TotalLiabilitiesGrp/BOYAmt06694
IRS990/TotalLiabilitiesGrp/EOYAmt013353
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt041816
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt044691
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0516472
IRS990/TotalProgramServiceRevenueAmt0690710

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.41$0.03$0.37$1.11$1.30$0.19
2023Detailed filing. Detailed filing data is available for this year.$0.59$0.02$0.56$1.17$1.28$0.11
2022Detailed filing. Detailed filing data is available for this year.$0.69$0.02$0.67$1.32$1.13$0.19
2021Detailed filing. Detailed filing data is available for this year.$0.49$0.13$0.36$1.15$0.98$0.17
2020Detailed filing. Detailed filing data is available for this year.$0.19$0.13$0.06$0.66$0.73$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.13$0.01$0.12$0.85$0.82$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.11$0.02$0.09$0.80$0.75$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.06$0.01$0.04$0.72$0.72$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.05$0.01$0.04$0.73$0.73$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.05$0.01$0.05$0.77$0.77$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.07$0.02$0.05$0.67$0.67$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.08$0.03$0.05$0.68$0.77$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.02$0.14$0.78
2011Summary only. Only limited summary data is available for this year.$0.17$0.02$0.14$0.76$0.78$0.02