Civic Intelligence

Classically Connected Inc.

990 • Fiscal year 2024 • EIN 13-6202532

Jul 01, 2023 to Jun 30, 2024 • Filed on Jan 30, 2025

157 Columbus AvenueNew York, NY 10023-6082

(347) 305-0060

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.08x

Higher debt load relative to assets than 63% of similar nonprofits.

2024 filings • NTEE A • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

84th percentile

0.30x

Higher debt load relative to revenue than 84% of similar nonprofits.

2024 filings • NTEE A • $500k-$1M nonprofits • Source year 2024

Net Margin

14th percentile

-22%

Higher net margin than 14% of similar nonprofits.

2024 filings • NTEE A • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

2024 filings • NTEE A • $500k-$1M nonprofits • Source year 2024

Asset Growth

24th percentile

-8.1%

Faster asset growth than 24% of similar nonprofits.

2024 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

5th percentile

-62%

Faster revenue growth than 5% of similar nonprofits.

2024 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$726,642

Down $64,013 (-8.1%) from 2023

Net Assets

Down

$667,106

Down $36,359 (-5.2%) from 2023

Liabilities

Down

$59,536

Down $27,654 (-32%) from 2023

Revenue

Down

$199,100

Down $320,658 (-62%) from 2023

Expenses

Up

$243,719

Up $75,267 (+45%) from 2023

Net Income

Down

-$44,619

Down $395,925 (-113%) from 2023

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $22,534Liabilities 2011: $0Net Assets 2011: $22,5342011Assets 2012: $1Liabilities 2012: $0Net Assets 2012: $02012Assets 2013: $1Liabilities 2013: $0Net Assets 2013: $12013Assets 2014: $62,773Liabilities 2014: $0Net Assets 2014: $62,7732014Assets 2015: $28,361Liabilities 2015: $41,5832015Assets 2016: $807,377Liabilities 2016: $6,841Net Assets 2016: $800,5362016Assets 2017: $666,362Liabilities 2017: $21,844Net Assets 2017: $644,5182017Assets 2018: $423,832Liabilities 2018: $3522018Assets 2019: $150,729Liabilities 2019: $0Net Assets 2019: $150,7292019Assets 2020: $841,762Liabilities 2020: $65,628Net Assets 2020: $776,1342020Assets 2021: $399,719Liabilities 2021: $147,914Net Assets 2021: $251,8052021Assets 2022: $132,806Liabilities 2022: $111,093Net Assets 2022: $21,7132022Assets 2023: $790,655Liabilities 2023: $87,190Net Assets 2023: $703,4652023Assets 2024: $726,642Liabilities 2024: $59,536Net Assets 2024: $667,1062024

Highlighted filing

2024

Assets$726,642
Liabilities$59,536
Net Assets$667,106

Operations Trend

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

$1.5M$1.0M$500K$0-$500K-$1.0MRevenue 2011: $0Expenses 2011: $9,908Net Income 2011: -$9,9082011Revenue 2012: $0Expenses 2012: $0Net Income 2012: $02012Revenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $40,537Expenses 2014: $18,291Net Income 2014: $22,2462014Revenue 2015: $8,143Expenses 2015: $72,896Net Income 2015: -$64,7532015Revenue 2016: $965,876Expenses 2016: $152,630Net Income 2016: $813,2462016Revenue 2017: $24,141Expenses 2017: $182,203Net Income 2017: -$158,0622017Revenue 2018: $104,999Expenses 2018: $385,483Net Income 2018: -$280,4842018Revenue 2019: $102,481Expenses 2019: $373,882Net Income 2019: -$271,4012019Revenue 2020: $1,128,893Expenses 2020: $451,633Net Income 2020: $677,2602020Revenue 2021: $144,403Expenses 2021: $681,447Net Income 2021: -$537,0442021Revenue 2022: $616,265Expenses 2022: $846,856Net Income 2022: -$230,5912022Revenue 2023: $519,758Expenses 2023: $168,452Net Income 2023: $351,3062023Revenue 2024: $199,100Expenses 2024: $243,719Net Income 2024: -$44,6192024

Highlighted filing

2024

Revenue$199,100
Expenses$243,719
Net Income-$44,619
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Jan 30, 2025
Return Version
2023v6.0
Gross Receipts
$255,178
Mission and Program Overview

Mission

Classically connected, inc. Cci, formerly known as si-yo music society foundation, inc., is a not-for-profit that aims to connect a global community with classical music by conserving, loaning, and promoting education about instruments.

Classically connected, inc. ("cci"), formerly known as si-yo music society foundation, inc., is a not-for-profit that aims to connect a global community with classical music by conserving, loaning, and promoting education about instruments; cci also presents outstanding musicians of all ages in performances, master classes, and educational and community outreach programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Intangible Assets$407,417$407,417→ $0
Land, Buildings, and Equipment, Net$246,699$203,646▼ $43,053
Cash and Non-Interest-Bearing Accounts$101,481$72,965▼ $28,516
Investments Other Securities-$41,254-
Loans From Officers Directors$46,500$41,000▼ $5,500
Investments in Publicly Traded Securities$33,698--
Inventories for Sale or Use$1,360$1,360→ $0
Total Assets$790,655$726,642▼ $64,013
Liabilities
Accounts Payable and Accrued Expenses$40,690$18,536▼ $22,154
Total Liabilities$87,190$59,536▼ $27,654
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$680,005$648,626▼ $31,379
Net Assets With Donor Restrictions$23,460$18,480▼ $4,980
Total Net Assets Fund Balance$703,465$667,106▼ $36,359
Total Liabilities and Net Assets / Fund Balance$790,655$726,642▼ $64,013

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$203,646$113,031$316,677
Other Securities$41,254--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dr Paolo BodiniTrustee and Chairman
ROBERT O'BRIENPresident
Dr Soyeon ParkSpecial Board Advisor and VP
Elaine ShengTrustee
Jiang TianTrustee
Karen NeusTrustee
Yin LongTrustee
Ellen ThompsonTrustee & Treasurer
Rosaline YinTrustee & VP of Branding & Design
Risa RosenbergTrustee, Secretary & VP
Revenue and Support

Revenue Composition

Contributions and Grants
$194,108
Program Service Revenue
$0
Investment Income
$4,943
Other Revenue
$49
All Other Contributions
$194,108
Change in Net Assets
$-44,619

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Securities Publicly Traded2$56,033
Other Non Cash Contri Table2$750
Total Noncash Contributions4$56,783
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$155,709
Salaries, Compensation, and Employee Benefits$83,010
Grants and Similar Amounts Paid$5,000
Total Fundraising Expense$3,566
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$65,057$9,185$2,296$76,538
Other Salaries and Wages$67,903$5,935$886$74,724
Depreciation Depletion$43,052--$43,052
Fees for Services Management$12,315--$12,315
Fees for Services Accounting-$12,310-$12,310
Payroll Taxes$7,541$648$97$8,286
Insurance$3,341$3,169-$6,510
Grants to Domestic Individuals$5,000--$5,000
Office Expenses$1,193$790-$1,983
Fees for Services Other$1,011$805$15$1,831
Interest-$898-$898
Advertising--$272$272
Total Functional Expenses$206,413$33,740$3,566$243,719
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$46,500$41,000▼ $5,500
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
Yes
Other officer compensation reviewed
Yes
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 2

See schedule l part iv specifying the family and business relationships among certain family members and trustees for the fiscal year if any.

Form 990, Part VI, Section B, Line 11B

The board of trustees and top management review for completeness and accuracy.

Form 990, Part VI, Section B, Line 12C

The organization regularly required officers and trustees to make disclosure of any interest in a proposed transaction or relationship with a third party. In addition, the organization made its own inquiry of the potential for a conflict of interest. If an officer or trustee was determined to have a conflict of interest or to be a related party of a counterparty to a transaction or relationship, such conflict or relationship was disclosed to the board of trustees in connection with its review of the transaction or relationship, and the interested trustee was completely reclused from any consideration of the transaction or relationship.

Form 990, Part VI, Section B, Line 15

As an overall matter, the organization's board of trustees reviews the retention of senior management, including the chairman, treasurer, and cao, as well as the employment terms for all officers and key employees. At all relevant times, a majority of the board of trustees are independent, outside trustees, otherwise unaffiliated with the organization, and in accordance with the organization's established conflict of interest policy, any trustee who would or could be considered to have a conflict of interest is recused from deliberation and voting. It is the organization's practice to do surveys of compensation for comparable positions and to present that information and other information to the board of trustees in connection with any employment or compensation decision. We note that the president of the organization serves as a volunteer, without compensation.

Form 990, Part VI, Section C, Line 19

The organization makes its financial statements available by posting with candid, formerly known as guidestar https://www.guidestar.org/, a 501(c)(3) nonprofit organization, that, among other things, maintains a public website for information about non-profit organizations.

Filing and Contact Details

Filer

Filer Name
Classically Connected Inc
EIN
13-6202532
Phone
3473050060
Address
157 COLUMBUS AVENUE, NEW YORK, NY 10023-6082

Signing Officer

Name
Ellen Thompson
Title
Treasurer
Phone
3043050060
Signed
2025-01-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paolo Bodini
Formed
1966
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
2
Volunteers
7

Preparer

Firm
Prager Metis Cpas LLC
Address
401 HACKENSACK AVE 4TH FLOOR, HACKENSACK, NJ 07601
Preparer
John Westermann
Phone
2013427753
Supplemental Narrative

Financial Statement Notes

PART III, LINE 4:

Cci owns and manages a number of fine or rare muscial instruments that are available to loan to artists or apropriate organizations. The organization maintains a library of music related books, recordings and memorabilia. These instruments and collections support and advance the organization's mission to inspire a global community with classical music by making these available to muscians and appropriate organizations.

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IRS990/MissionDesc0CLASSICALLY CONNECTED, INC. ("CCI"), FORMERLY KNOWN AS SI-YO MUSIC SOCIETY FOUNDATION, INC., IS A NOT-FOR-PROFIT THAT AIMS TO CONNECT A GLOBAL COMMUNITY WITH CLASSICAL MUSIC BY CONSERVING, LOANING, AND PROMOTING EDUCATION ABOUT INSTRUMENTS; CCI ALSO PRESENTS OUTSTANDING MUSICIANS OF ALL AGES IN PERFORMANCES, MASTER CLASSES, AND EDUCATIONAL AND COMMUNITY OUTREACH PROGRAMS.
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IRS990/OccupancyGrp/TotalAmt076538
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0790
IRS990/OfficeExpensesGrp/ProgramServicesAmt01193
IRS990/OfficeExpensesGrp/TotalAmt01983
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0FIR REGISTRATION FEE
IRS990/OtherRevenueMiscGrp/ExclusionAmt049
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt049
IRS990/OtherRevenueTotalAmt049
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0886
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt05935
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt067903
IRS990/OtherSalariesAndWagesGrp/TotalAmt074724
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt097
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0648
IRS990/PayrollTaxesGrp/ProgramServicesAmt07541
IRS990/PayrollTaxesGrp/TotalAmt08286
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0PAOLO BODINI
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0THE FINDMYINSTRUMENT.ORG REGISTRY, LAUNCHED IN NOVEMBER 2022, REGISTERED 250 INSTRUMENTS AS OF JUNE 2024. CCI-MANAGED INSTRUMENTS WITH FMI REGISTRATION NUMBERS RECEIVED A 75% DISCOUNT ON INSURANCE PREMIUMS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt087014
IRS990/ProgSrvcAccomActy3Grp/Desc0THE ARTIST-CENTRIC INVESTMENT MODEL (ACIM) WAS ESTABLISHED IN 2023 WITH CCI ARTIST ERIC SILBERGER AND A CCI-MANAGED J.B. GUADAGNINI VIOLIN. CCI ALSO INITIATED THE ESTABLISHMENT OF A FRANCOIS TOURTE BOW 1805, LLC TO ENABLE THE TOURTE BOW OWNED BY CCI TO HAVE MEMBER SHARES PURCHASED BY KNOWN PERSONS IN NON-PUBLIC OFFERINGS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt017572
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE AFFINITY PROGRAM, ESTABLISHED IN 2024 WITH TECTUS INSURANCE, OFFERS A 75% INSURANCE PREMIUM DISCOUNT ON CCI-MANAGED INSTRUMENTS WITH FINDMYINSTRUMENT.ORG REGISTRATION NUMBERS. THE PROGRAM IS EXPECTED TO ALSO GENERATE ROYALTY INCOME FOR CCI IN THE FUTURE THROUGH A 5% SHARE OF GROSS PREMIUMS COLLECTED BY TECTUS FROM THIRD PARTIES ON REGISTERED INSTRUMENTS.
IRS990/ProgSrvcAccomActyOtherGrp/Desc1SAU-WING LAM MEMORIAL VIOLIN SCHOLARSHIP FUND. THE FIRST AWARD WAS OFFICIALLY MADE TO CCI ARTIST VIOLINIST ALEJANDRO MENDOZA. THE $5,000 GRANT ENABLED MENDOZA, A FORMER STUDENT OF DOROTHY DELAY AND A VIOLIN TEACHER KNOWN FOR HIS EXCEPTIONAL SKILLS AT TEACHING GIFTED YOUNG VIOLINISTS, TO TRAVEL TO NYC MONTHLY DURING THE ACADEMIC YEAR SO HE COULD TEACH SEVERAL EXTRAORDINARILY TALENTED STUDENTS, INCLUDING YOUNG JAYDEN KING (HTTPS://YOUTU.BE/9FBK7HLVGTQ?SI=CF4W4HLR66EKML7-).
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt018061
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt110020
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt05000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0517344
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02112
IRS990/PYOtherExpensesAmt0155171
IRS990/PYOtherRevenueAmt0302
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0351306
IRS990/PYSalariesCompEmpBnftPaidAmt013281
IRS990/PYTotalExpensesAmt0168452
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0519758
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-44619
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0194108
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0517344
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0615695
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0140721
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt094871
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01562739
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04943
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02114
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0570
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03682
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01602
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt012911
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99180
IRS990ScheduleA/PublicSupportPY170Pct00.99300
IRS990ScheduleA/PublicSupportTotal170Amt01562739
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0194108
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0517344
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0615695
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0140721
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt094871
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01562739
IRS990ScheduleA/TotalSupportAmt01575650
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/CollUsedLoanOrExchProgInd0X
IRS990ScheduleD/EquipmentGrp/BookValueAmt0203646
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0113031
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0316677
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt041254
IRS990ScheduleD/OtherSecuritiesGrp/Desc0MORGAN STANLEY INVESTMENT PORTFOLIO
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/SolicitedAssetsSaleInd01
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CCI OWNS AND MANAGES A NUMBER OF FINE OR RARE MUSCIAL INSTRUMENTS THAT ARE AVAILABLE TO LOAN TO ARTISTS OR APROPRIATE ORGANIZATIONS. THE ORGANIZATION MAINTAINS A LIBRARY OF MUSIC RELATED BOOKS, RECORDINGS AND MEMORABILIA. THESE INSTRUMENTS AND COLLECTIONS SUPPORT AND ADVANCE THE ORGANIZATION'S MISSION TO INSPIRE A GLOBAL COMMUNITY WITH CLASSICAL MUSIC BY MAKING THESE AVAILABLE TO MUSCIANS AND APPROPRIATE ORGANIZATIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0203646
IRS990ScheduleD/TotalBookValueSecuritiesAmt041254
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt041000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0GENERAL OPERATING
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt046500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0ELAINE SHENG
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0TRUSTEE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/TotalBalanceDueAmt041000
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt02
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0INSTRUMENTS
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0750
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt02
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt056033
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SEE SCHEDULE L PART IV SPECIFYING THE FAMILY AND BUSINESS RELATIONSHIPS AMONG CERTAIN FAMILY MEMBERS AND TRUSTEES FOR THE FISCAL YEAR IF ANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF TRUSTEES AND TOP MANAGEMENT REVIEW FOR COMPLETENESS AND ACCURACY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION REGULARLY REQUIRED OFFICERS AND TRUSTEES TO MAKE DISCLOSURE OF ANY INTEREST IN A PROPOSED TRANSACTION OR RELATIONSHIP WITH A THIRD PARTY. IN ADDITION, THE ORGANIZATION MADE ITS OWN INQUIRY OF THE POTENTIAL FOR A CONFLICT OF INTEREST. IF AN OFFICER OR TRUSTEE WAS DETERMINED TO HAVE A CONFLICT OF INTEREST OR TO BE A RELATED PARTY OF A COUNTERPARTY TO A TRANSACTION OR RELATIONSHIP, SUCH CONFLICT OR RELATIONSHIP WAS DISCLOSED TO THE BOARD OF TRUSTEES IN CONNECTION WITH ITS REVIEW OF THE TRANSACTION OR RELATIONSHIP, AND THE INTERESTED TRUSTEE WAS COMPLETELY RECLUSED FROM ANY CONSIDERATION OF THE TRANSACTION OR RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AS AN OVERALL MATTER, THE ORGANIZATION'S BOARD OF TRUSTEES REVIEWS THE RETENTION OF SENIOR MANAGEMENT, INCLUDING THE CHAIRMAN, TREASURER, AND CAO, AS WELL AS THE EMPLOYMENT TERMS FOR ALL OFFICERS AND KEY EMPLOYEES. AT ALL RELEVANT TIMES, A MAJORITY OF THE BOARD OF TRUSTEES ARE INDEPENDENT, OUTSIDE TRUSTEES, OTHERWISE UNAFFILIATED WITH THE ORGANIZATION, AND IN ACCORDANCE WITH THE ORGANIZATION'S ESTABLISHED CONFLICT OF INTEREST POLICY, ANY TRUSTEE WHO WOULD OR COULD BE CONSIDERED TO HAVE A CONFLICT OF INTEREST IS RECUSED FROM DELIBERATION AND VOTING. IT IS THE ORGANIZATION'S PRACTICE TO DO SURVEYS OF COMPENSATION FOR COMPARABLE POSITIONS AND TO PRESENT THAT INFORMATION AND OTHER INFORMATION TO THE BOARD OF TRUSTEES IN CONNECTION WITH ANY EMPLOYMENT OR COMPENSATION DECISION. WE NOTE THAT THE PRESIDENT OF THE ORGANIZATION SERVES AS A VOLUNTEER, WITHOUT COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE BY POSTING WITH CANDID, FORMERLY KNOWN AS GUIDESTAR HTTPS://WWW.GUIDESTAR.ORG/, A 501(C)(3) NONPROFIT ORGANIZATION, THAT, AMONG OTHER THINGS, MAINTAINS A PUBLIC WEBSITE FOR INFORMATION ABOUT NON-PROFIT ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0790655
IRS990/TotalAssetsEOYAmt0726642
IRS990/TotalAssetsGrp/BOYAmt0790655
IRS990/TotalAssetsGrp/EOYAmt0726642
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0194108
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03566
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt033740
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0206413
IRS990/TotalFunctionalExpensesGrp/TotalAmt0243719
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt087190
IRS990/TotalLiabilitiesEOYAmt059536
IRS990/TotalLiabilitiesGrp/BOYAmt087190
IRS990/TotalLiabilitiesGrp/EOYAmt059536
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0703465
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0667106
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt028081
IRS990/TotalOtherProgSrvcGrantAmt05000
IRS990/TotalProgramServiceExpensesAmt0206413
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt04992
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0199100
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.73$0.06$0.67$0.20$0.24$0.04
2023Summary only. Only limited summary data is available for this year.$0.79$0.09$0.70$0.52$0.17$0.35
2022Summary only. Only limited summary data is available for this year.$0.13$0.11$0.02$0.62$0.85$0.23
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.40$0.15$0.25$0.14$0.68$0.54
2020Summary only. Only limited summary data is available for this year.$0.84$0.07$0.78$1.13$0.45$0.68
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.15$0.00$0.15$0.10$0.37$0.27
2018Summary only. Only limited summary data is available for this year.$0.42$0.00$0.10$0.39$0.28
2017Summary only. Only limited summary data is available for this year.$0.67$0.02$0.64$0.02$0.18$0.16
2016Summary only. Only limited summary data is available for this year.$0.81$0.01$0.80$0.97$0.15$0.81
2015Summary only. Only limited summary data is available for this year.$0.03$0.04$0.01$0.07$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.04$0.02$0.02
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2012Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2011Summary only. Only limited summary data is available for this year.$0.02$0.00$0.02$0.00$0.01$0.01