Civic Intelligence

Songtime Inc.

990 • Fiscal year 2016 • EIN 23-7208134

Jan 01, 2016 to Dec 31, 2016 • Filed on Apr 26, 2017

297 North StreetHyannis, MA 02601

(508) 362-7070

Siviq Scores

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

Liabilities / Assets

97th percentile

2.15x

Higher debt load relative to assets than 97% of similar nonprofits.

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

Liabilities / Revenue

91st percentile

0.36x

Higher debt load relative to revenue than 91% of similar nonprofits.

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

Net Margin

10th percentile

-40%

Higher net margin than 10% of similar nonprofits.

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

Top Officer Pay

94th percentile

$55,744

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 13.0% of source-year revenue.

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

Asset Growth

5th percentile

-70%

Faster asset growth than 5% of similar nonprofits.

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

Revenue Growth

14th percentile

-37%

Faster revenue growth than 14% of similar nonprofits.

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

Assets

Down

$72,185

Down $166,659 (-70%) from 2015

Net Assets

Down

-$82,973

Down $173,843 (-191%) from 2015

Liabilities

Up

$155,158

Up $7,184 (+4.9%) from 2015

Revenue

Down

$429,319

Down $252,023 (-37%) from 2015

Expenses

Up

$603,162

Up $74,161 (+14%) from 2015

Net Income

Down

-$173,843

Down $326,184 (-214%) from 2015

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2012: $78,149Liabilities 2012: $42,483Net Assets 2012: $35,6662012Assets 2013: $108,199Liabilities 2013: $170,962Net Assets 2013: -$62,7632013Assets 2014: $49,377Liabilities 2014: $110,847Net Assets 2014: -$61,4702014Assets 2015: $238,844Liabilities 2015: $147,974Net Assets 2015: $90,8702015Assets 2016: $72,185Liabilities 2016: $155,158Net Assets 2016: -$82,9732016Assets 2017: $113,217Liabilities 2017: $146,002Net Assets 2017: -$32,7852017Assets 2018: $63,941Liabilities 2018: $114,946Net Assets 2018: -$51,0052018Assets 2019: $171,548Liabilities 2019: $42,764Net Assets 2019: $128,7842019Assets 2020: $95,155Liabilities 2020: $49,297Net Assets 2020: $45,8582020Assets 2021: $68,039Liabilities 2021: $40,820Net Assets 2021: $27,2192021Assets 2022: $47,687Liabilities 2022: $23,707Net Assets 2022: $23,9802022Assets 2023: $49,891Liabilities 2023: $7,839Net Assets 2023: $42,0522023Assets 2024: $84,707Liabilities 2024: $18,110Net Assets 2024: $66,5972024

Highlighted filing

2016

Assets$72,185
Liabilities$155,158
Net Assets-$82,973

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2012: $780,0602012Revenue 2013: $631,950Expenses 2013: $730,413Net Income 2013: -$98,4632013Revenue 2014: $595,791Expenses 2014: $594,345Net Income 2014: $1,4462014Revenue 2015: $681,342Expenses 2015: $529,001Net Income 2015: $152,3412015Revenue 2016: $429,319Expenses 2016: $603,162Net Income 2016: -$173,8432016Revenue 2017: $570,169Expenses 2017: $519,981Net Income 2017: $50,1882017Revenue 2018: $446,983Expenses 2018: $465,246Net Income 2018: -$18,2632018Revenue 2019: $596,572Expenses 2019: $416,902Net Income 2019: $179,6702019Revenue 2020: $291,462Expenses 2020: $374,626Net Income 2020: -$83,1642020Revenue 2021: $328,438Expenses 2021: $347,766Net Income 2021: -$19,3282021Revenue 2022: $338,820Expenses 2022: $341,743Net Income 2022: -$2,9232022Revenue 2023: $282,406Expenses 2023: $264,233Net Income 2023: $18,1732023Revenue 2024: $271,992Expenses 2024: $247,758Net Income 2024: $24,2342024

Highlighted filing

2016

Revenue$429,319
Expenses$603,162
Net Income-$173,843
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Apr 26, 2017
Return Version
2016v3.0
Gross Receipts
$429,319
Mission and Program Overview

Mission

Religious radio programs

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$218,970$45,130▼ $173,840
Cash and Non-Interest-Bearing Accounts$13,659$14,385▲ $726
Prepaid Expenses and Deferred Charges$2,031$7,605▲ $5,574
Land, Buildings, and Equipment, Net$4,184$3,065▼ $1,119
Total Assets$238,844$72,185▼ $166,659
Other Assets Total-$2,000-
Liabilities
Accounts Payable and Accrued Expenses$147,974$155,158▲ $7,184
Total Liabilities$147,974$155,158▲ $7,184
Net Assets / Fund Balance
Permanently Rstr Net Assets$15,000$15,000→ $0
Unrestricted Net Assets$75,870$-97,973▼ $173,843
Total Net Assets Fund Balance$90,870$-82,973▼ $173,843
Total Liabilities and Net Assets / Fund Balance$238,844$72,185▼ $166,659

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,065$32,568$35,633
Other Assets Org$2,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Adam MillerPresidentFT$50,000$5,744$55,744

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$428,208
Program Service Revenue
$0
Investment Income
$14
Other Revenue
$1,097
All Other Contributions
$428,208
Change in Net Assets
$-173,843
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$385,584
Salaries, Compensation, and Employee Benefits$217,578
Total Fundraising Expense$495
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$124,887$0$0$124,887
Current Officers, Directors, Trustees, and Key Employees$50,170$5,574$0$55,744
Conferences and Meetings$50,073$0$0$50,073
Occupancy$22,813$2,563$256$25,632
All Other Expenses$21,924$3,399$181$25,504
Other Employee Benefits$22,910$0$0$22,910
Payroll Taxes$13,636$401$0$14,037
Fees for Services Other$2,288$9,019$0$11,307
Advertising$9,481$0$0$9,481
Office Expenses$5,184$582$58$5,824
Insurance$1,028$114$0$1,142
Depreciation Depletion$1,007$112$0$1,119
Other Expenses$948$0$0$948
Travel$160$0$0$160
Interest$95$0$0$95
Total Functional Expenses$577,100$25,567$495$603,162
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Filing and Contact Details

Filer

Filer Name
Songtime Inc
EIN
23-7208134
Phone
5083627070
Address
297 North Street, Hyannis, MA 02601

Signing Officer

Name
Wally Lundstrom
Title
Treasurer
Phone
5083627070
Signed
2017-04-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wally Lundstrom
Formed
1964
Legal Domicile
Ma
Voting Board Members
8
Independent Board Members
8
Employees
5
Volunteers
15

Preparer

Firm
Aaronson Lavoie Streitfeld Diaz & Co Pc
Address
1604 BROAD ST, CRANSTON, RI 02905-4130
Preparer
Michael Aaronson
Phone
4012230205
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Treasurer and office manager prepare financial information and gives it to the accounting firm to prepare the form 990. Accounting firm mails the form 990 to the treasurer who presents it to the board for approval.Accounting firm them electroncially files the return.

Pt VI, Line 12C

Each year the incoming board reviews the conflict of interest policy, signs it,then is asked to inform the board of any changes throughout the year.

Form 990EZ, Part II, Line 24

Accounts Receivable - Net

Form 990EZ, Part II, Line 24

Pledges receviable - Net

Form 990EZ, Part II, Line 24

Prepaids

Form 990EZ, Part II, Line 26

Accounts Payable & Accrued Expenses

Form 990EZ, Part II, Line 26

Bonds, Mortgages & Other Notes

Form 990, Part IX, Line 24E

Equipment rental 2212. 2212. 0. 0.

Form 990, Part IX, Line 24E

Miscellaneous 54. 54. 0. 0.

Form 990, Part IX, Line 24E

Moving expense 1583. 0. 1583. 0.

Form 990, Part IX, Line 24E

Postage 11842. 10540. 1184. 118.

Form 990, Part IX, Line 24E

Printing 75. 75. 0. 0.

Form 990, Part IX, Line 24E

Equipment repairs 2722. 2722. 0. 0.

Form 990, Part IX, Line 24E

Telephone 6324. 5629. 632. 63.

Form 990, Part IX, Line 24E

Volunteer expense 692. 692. 0. 0.

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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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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0218970
IRS990/SavingsAndTempCashInvstGrp/EOYAmt045130
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part III, Line 12 Description: Health insurance credit 2015: 2186. 2016: 1097.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt III Ln 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0428208
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0679141
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0595782
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0631944
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0808664
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03143739
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt014
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt015
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt09
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt06
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt064
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0108
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt014
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt015
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt09
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt06
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt064
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0108
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01097
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt02186
IRS990ScheduleA/OtherIncome509Grp/TotalAmt03283
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99890
IRS990ScheduleA/PublicSupportPY509Pct00.99930
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt03143739
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0428208
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0679141
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0595782
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0631944
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0808664
IRS990ScheduleA/Total509Grp/TotalAmt03143739
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03147130
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/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt03065
IRS990ScheduleD/EquipmentGrp/DepreciationAmt032568
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt035633
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Security deposit
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03065
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02000
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Treasurer and office manager prepare financial information and gives it to the accounting firm to prepare the form 990. Accounting firm mails the form 990 to the treasurer who presents it to the board for approval.Accounting firm them electroncially files the return.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Each year the incoming board reviews the conflict of interest policy, signs it,then is asked to inform the board of any changes throughout the year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Accounts Receivable - Net
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Pledges receviable - Net
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Prepaids
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Accounts Payable & Accrued Expenses
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Bonds, Mortgages & Other Notes
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Equipment rental 2212. 2212. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Miscellaneous 54. 54. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Moving expense 1583. 0. 1583. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Postage 11842. 10540. 1184. 118.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Printing 75. 75. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Equipment repairs 2722. 2722. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Telephone 6324. 5629. 632. 63.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Volunteer expense 692. 692. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0238844
IRS990/TotalAssetsEOYAmt072185
IRS990/TotalAssetsGrp/BOYAmt0238844
IRS990/TotalAssetsGrp/EOYAmt072185
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0428208
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0495
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt025567
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0577100
IRS990/TotalFunctionalExpensesGrp/TotalAmt0603162
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0147974
IRS990/TotalLiabilitiesEOYAmt0155158
IRS990/TotalLiabilitiesGrp/BOYAmt0147974
IRS990/TotalLiabilitiesGrp/EOYAmt0155158
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt090870
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-82973
IRS990/TotalOtherCompensationAmt05744
IRS990/TotalProgramServiceExpensesAmt0577100
IRS990/TotalReportableCompFromOrgAmt050000
IRS990/TotalRevenueGrp/ExclusionAmt01111

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