Civic Intelligence

Joyful Noise Inc.

990 • Fiscal year 2020 • EIN 05-0377713

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 05, 2021

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

89th percentile

0.68x

Higher debt load relative to assets than 89% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

69th percentile

0.19x

Higher debt load relative to revenue than 69% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

24th percentile

-9.4%

Higher net margin than 24% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

68th percentile

$53,000

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 8.0% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

81st percentile

44%

Faster asset growth than 81% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

25th percentile

-22%

Faster revenue growth than 25% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$189,497

Up $58,188 (+44%) from 2019

Net Assets

Down

$60,498

Down $62,479 (-51%) from 2019

Liabilities

Up

$128,999

Up $120,667 (+1448%) from 2019

Revenue

Down

$664,113

Down $189,515 (-22%) from 2019

Expenses

Down

$726,594

Down $93,564 (-11%) from 2019

Net Income

Down

-$62,481

Down $95,951 (-287%) from 2019

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

2020

Assets$189,497
Liabilities$128,999
Net Assets$60,498

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

2020

Revenue$664,113
Expenses$726,594
Net Income-$62,481
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 5, 2021
Return Version
2020v4.1
Gross Receipts
$666,757
Mission and Program Overview

Mission

Child care services

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$31,221$100,650▲ $69,429
Savings and Temporary Cash Investments$62,058$69,019▲ $6,961
Land, Buildings, and Equipment, Net$26,359$14,889▼ $11,470
Accounts Receivable$9,838--
Prepaid Expenses and Deferred Charges$1,833$4,939▲ $3,106
Total Assets$131,309$189,497▲ $58,188
Liabilities
Other Liabilities$0$123,200▲ $123,200
Accounts Payable and Accrued Expenses$6,924$5,565▼ $1,359
Unsecured Notes Loans Payable$1,408$234▼ $1,174
Total Liabilities$8,332$128,999▲ $120,667
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$78,287$60,498▼ $17,789
Net Assets With Donor Restrictions$44,690$0▼ $44,690
Total Net Assets Fund Balance$122,977$60,498▼ $62,479
Total Liabilities and Net Assets / Fund Balance$131,309$189,497▲ $58,188

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$10,716$105,281$115,997
Equipment$4,173$4,302$8,475
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jennifer MarchettiExecutive DirectorFT$53,000$53,000
Angela ReelsMember- Shool age coordinator-$43,450$43,450
Jo-Ann MacccaroneMember- Pre-K teacherFT$35,332$35,332
Kristi CastoreMember-Adm AsstFT$27,734$27,734
Maria DuquetteMember-Educ CoordPT$5,502$5,502

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$39,162
Program Service Revenue
$625,835
Investment Income
$22
Other Revenue
$-906
All Other Contributions
$39,162
Change in Net Assets
$-62,481
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$544,760
Other Expenses$181,834
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$341,066--$341,066
Current Officers, Directors, Trustees, and Key Employees$84,284$80,734-$165,018
Occupancy$48,492--$48,492
Payroll Taxes$32,217$6,459-$38,676
Insurance$16,366$3,484-$19,850
All Other Expenses$15,135$2,079-$17,214
Fees for Services Other$2,295$12,668-$14,963
Office Expenses$7,414$3,670-$11,084
Other Expenses$7,010--$7,010
Depreciation Depletion$4,462--$4,462
Fees for Services Accounting-$2,732-$2,732
Travel$460--$460
Advertising$140--$140
Total Functional Expenses$614,768$111,826$0$726,594
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$2,644
Fundraising Gross Income$1,738
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
SBA-PPP loan$123,200
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 1

Some members of the board of directors are staff of the organization. If the board of directors needs to go into executive session they would be excluded.

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
Jennifer Marchetti
Title
Executive Director
Phone
4018288210
Signed
2021-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Marchetti
Formed
1978
Legal Domicile
Ri
Voting Board Members
15
Independent Board Members
15
Employees
52
Volunteers
0

Preparer

Firm
Aaronson Lavoie Streitfeld Diaz & Co PC
Address
1604 Broad Street, Cranston, RI 02905
Preparer
Michael Aaronson
Phone
4012230205
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IRS990/OtherSalariesAndWagesGrp/TotalAmt0341066
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06459
IRS990/PayrollTaxesGrp/ProgramServicesAmt032217
IRS990/PayrollTaxesGrp/TotalAmt038676
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01833
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04939
IRS990/PrincipalOfficerNm0Jennifer Marchetti
IRS990/PriorPeriodAdjustmentsAmt02
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0Tuition
IRS990/ProgramServiceRevenueGrp/Desc1Insurance reimbursemen
IRS990/ProgramServiceRevenueGrp/ExclusionAmt0240
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0625595
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0625595
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1240
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05855
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt020
IRS990/PYOtherExpensesAmt0193250
IRS990/PYOtherRevenueAmt0510
IRS990/PYProgramServiceRevenueAmt0847243
IRS990/PYRevenuesLessExpensesAmt033470
IRS990/PYSalariesCompEmpBnftPaidAmt0626908
IRS990/PYTotalExpensesAmt0820158
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0853628
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-62481
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt062058
IRS990/SavingsAndTempCashInvstGrp/EOYAmt069019
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Insurance rebate - 2016 Amount: $ 3,420. 2017 Amount: $ 2,435. Miscellaneous - 2016 Amount: $ 16. Voided checks - 2017 Amount: $ 7,183.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part III, Line 12, Explanation of Other Income:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt039162
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt05855
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt08714
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt015865
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt011537
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt081133
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt022
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt020
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt07
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt05
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt054
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0627573
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0850145
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0790821
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0697899
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0714137
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03680575
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt022
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt020
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt07
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt05
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt054
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt09618
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt03436
IRS990ScheduleA/OtherIncome509Grp/TotalAmt013054
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99650
IRS990ScheduleA/PublicSupportPY509Pct00.99590
IRS990ScheduleA/PublicSupportTotal509Amt03761708
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0666735
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0856000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0799535
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0713764
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0725674
IRS990ScheduleA/Total509Grp/TotalAmt03761708
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0666757
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0856020
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0799542
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0723387
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0729110
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03774816
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt04173
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04302
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08475
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt010716
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0105281
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0115997
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0123200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SBA-PPP loan
IRS990ScheduleD/TotalBookValueLandBuildingsAmt014889
IRS990ScheduleD/TotalLiabilityAmt0123200
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Some members of the board of directors are staff of the organization. If the board of directors needs to go into executive session they would be excluded.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The 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/ExplanationTxt2The organization makes all governing documents, conflict of interest policies and financial information available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0131309
IRS990/TotalAssetsEOYAmt0189497
IRS990/TotalAssetsGrp/BOYAmt0131309
IRS990/TotalAssetsGrp/EOYAmt0189497
IRS990/TotalCompGreaterThan150KInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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