Civic Intelligence

Sarasvati Music Academy

EIN 26-0295209 • 501(c)3 • Woodland Hills, CA

Profile

MUSIC EDUCATION PROGRAM

4201 Topanga Canyon Blvd Spc 191 UnWoodland Hills, CA 91364

www.sarasvatimusicacademy.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

88th percentile

46%

Higher net margin than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

64th percentile

6.0%

Faster asset growth than 64% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

29th percentile

-27%

Faster revenue growth than 29% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$20,246

Up $1,155 (+6.0%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Up

$20,246

Up $1,155 (+6.0%) from 2022

Operations
Liabilities / Revenue62nd percentileNet Margin88th percentile

Revenue

Down

$5,561

Down $2,087 (-27%) from 2022

Expenses

Down

$3,020

Down $3,408 (-53%) from 2022

Net Income

Up

$2,541

Up $1,321 (+108%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth64th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30K$20K$10K$0Assets 2021: $23,483Liabilities 2021: $0Net Assets 2021: $23,4832021Assets 2022: $19,091Liabilities 2022: $0Net Assets 2022: $19,0912022Assets 2023: $20,246Liabilities 2023: $0Net Assets 2023: $20,2462023

Highlighted filing

2023

Assets$20,246
Liabilities$0
Net Assets$20,246
Open 2023 Filing

Operations Trend

Revenue Growth29th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20K$10K$0-$10K-$20KRevenue 2021: $5,025Expenses 2021: $16,464Net Income 2021: -$11,4392021Revenue 2022: $7,648Expenses 2022: $6,428Net Income 2022: $1,2202022Revenue 2023: $5,561Expenses 2023: $3,020Net Income 2023: $2,5412023

Highlighted filing

2023

Revenue$5,561
Expenses$3,020
Net Income$2,541
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$20,246
Liabilities
$0
Net assets
$20,246
Revenue
$5,561
Expenses
$3,020
Net income
$2,541
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$20.2$0.00$20.2$5.56$3.02$2.54
2022Detailed filing. Detailed filing data is available for this year.$19.1$0.00$19.1$7.65$6.43$1.22
2021Detailed filing. Detailed filing data is available for this year.$23.5$0.00$23.5$5.03$16.5$11.4
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jun 1, 2022 to May 31, 2023
Signed
Oct 7, 2023
Return Version
2022v5.0
Gross Receipts
$5,561
Mission and Program Overview

Mission

MUSIC EDUCATION PROGRAM, providing high quality music education to local communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$19,091$20,246▲ $1,155
Land, Buildings, and Equipment, Net$15,250$15,250→ $0
Cash and Non-Interest-Bearing Accounts$2,455$4,996▲ $2,541
Savings and Temporary Cash Investments$1,386--
Total Assets$19,091$20,246▲ $1,155
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$19,091$20,246▲ $1,155
Total Liabilities and Net Assets / Fund Balance$19,091$20,246▲ $1,155

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$13,800-$13,800
Other Land Buildings$1,450-$1,450
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Rakhima RybakPresident
Igor RybakSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$5,561
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$5,561
Change in Net Assets
$2,541
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,020
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$1,746--$1,746
Occupancy$1,274--$1,274
Total Functional Expenses$3,020$0$0$3,020
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
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 11

“The tax documents are reviewed by the president before filing and are available upon request”

Form 990, Part VI, Section C, Line 19

“All policy and financial documents are available upon request”

Filing and Contact Details

Filer

Filer Name
Sarasvati Music Academy
EIN
26-0295209
In Care Of
% Igor Rybak
Phone
8189151873
Address
4201 TOPANGA CANYON BLVD SPC 191 UN, WOODLAND HILLS, CA 91364

Signing Officer

Name
Igor Rybak
Title
Treasurer
Phone
8189151873
Signed
2023-10-07
Discuss with paid preparer
No

Organization Details

Principal Officer
Igor Rybak
Formed
2007
Legal Domicile
CA
Voting Board Members
2
Independent Board Members
2
Employees
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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