Civic Intelligence

Stringendo Inc

990 • Fiscal year 2016 • EIN 26-0535130

Aug 01, 2015 to Jul 31, 2016 • Filed on Jun 15, 2016

1580 Route 376Wappingers Falls, NY 12590

(845) 264-1206

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$35,143

Down $21,717 (-38%) from 2015

Net Assets

Down

$34,754

Down $21,972 (-39%) from 2015

Liabilities

Up

$389

Up $255 (+190%) from 2015

Revenue And Expenses

Revenue

Up

$355,430

Up $16,348 (+4.8%) from 2015

Expenses

Up

$377,402

Up $17,713 (+4.9%) from 2015

Net Income

Down

-$21,972

Down $1,365 (-6.6%) from 2015

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2010: $86,396Liabilities 2010: $2Net Assets 2010: $86,3942010Assets 2011: $121,167Liabilities 2011: $132Net Assets 2011: $121,0352011Assets 2013: $113,377Liabilities 2013: $504Net Assets 2013: $112,8732013Assets 2014: $77,414Liabilities 2014: $81Net Assets 2014: $77,3332014Assets 2015: $56,860Liabilities 2015: $134Net Assets 2015: $56,7262015Assets 2016: $35,143Liabilities 2016: $389Net Assets 2016: $34,7542016Assets 2017: $42,958Liabilities 2017: $732Net Assets 2017: $42,2262017Assets 2018: $37,781Liabilities 2018: $566Net Assets 2018: $37,2152018Assets 2019: $32,267Liabilities 2019: $314Net Assets 2019: $31,9532019Assets 2020: $62,734Liabilities 2020: $89Net Assets 2020: $62,6452020

Highlighted filing

2016

Assets$35,143
Liabilities$389
Net Assets$34,754

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $212,9642010Expenses 2011: $203,1622011Expenses 2013: $209,4612013Revenue 2014: $314,088Expenses 2014: $349,628Net Income 2014: -$35,5402014Revenue 2015: $339,082Expenses 2015: $359,689Net Income 2015: -$20,6072015Revenue 2016: $355,430Expenses 2016: $377,402Net Income 2016: -$21,9722016Revenue 2017: $380,117Expenses 2017: $372,645Net Income 2017: $7,4722017Revenue 2018: $367,839Expenses 2018: $381,350Net Income 2018: -$13,5112018Revenue 2019: $373,614Expenses 2019: $378,876Net Income 2019: -$5,2622019Revenue 2020: $274,617Expenses 2020: $243,925Net Income 2020: $30,6922020

Highlighted filing

2016

Revenue$355,430
Expenses$377,402
Net Income-$21,972
Jump To
Filing Snapshot
Filing Period
Aug 1, 2015 to Jul 31, 2016
Signed
Jun 15, 2016
Return Version
2015v3.0
Gross Receipts
$391,509
Mission and Program Overview

Mission

The organization's mission is to teach, promote and enhance musical performance for elementary, middle school and high school students.

To teach, promote and enhance musical performance for elementary, middle school and high school students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$50,021--
Savings and Temporary Cash Investments$5,912$30,111▲ $24,199
Cash and Non-Interest-Bearing Accounts-$2,915-
Land, Buildings, and Equipment, Net$927$2,117▲ $1,190
Total Assets$56,860$35,143▼ $21,717
Liabilities
Other Liabilities$134$389▲ $255
Total Liabilities$134$389▲ $255
Net Assets / Fund Balance
Unrestricted Net Assets$56,726$34,754▼ $21,972
Total Net Assets Fund Balance$56,726$34,754▼ $21,972
Total Liabilities and Net Assets / Fund Balance$56,860$35,143▼ $21,717

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,117$4,035$6,152
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Gabriella FryerExecutive DiPT$38,750$38,750

Board Members and Trustees

NameTitle
Lisa RubensteinPresident
Alicia CrispDirector
Brian CookDirector
Bruce RalstonDirector
Jill MclaughlinDirector
Jim DavidsonDirector
Terry HornerSecretary
Karen GreenbaumTreasurer
Carolyn PalmerVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$33,542
Program Service Revenue
$300,542
Investment Income
$-175
Other Revenue
$21,521
All Other Contributions
$33,542
Change in Net Assets
$-21,972
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$256,592
Other Expenses$95,695
Grants and Similar Amounts Paid$25,115
Total Fundraising Expense$936
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$190,843$6,307-$197,150
Current Officers, Directors, Trustees, and Key Employees-$38,000-$38,000
Grants to Domestic Individuals$25,115--$25,115
Payroll Taxes$16,307$5,135-$21,442
Occupancy$17,073$3,922-$20,995
All Other Expenses$10,690$4,146-$14,836
Office Expenses$6,934$3,319$477$10,730
Insurance-$6,009-$6,009
Travel$5,846$29-$5,875
Advertising$4,831$88$360$5,279
Information Technology$15$4,068$99$4,182
Other Expenses$2,937$50-$2,937
Conferences and Meetings$833$1,985-$2,818
Fees for Services Accounting-$2,000-$2,000
Depreciation Depletion$536--$536
Total Functional Expenses$295,103$81,363$936$377,402
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$21,858
Fundraising Direct Expenses$14,938
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$21,858$21,858$796$21,062
Total Events$21,858$21,858$14,938$6,920
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sales Tax Payable$389
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
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, Page 6, Part VI, Line 11B

The process for review is to circulate the 990 by email or make a hard copy available at the office for everyone on the board to review.

Form 990, Page 6, Part VI, Line 12C

The executive director monitors the conflict of interest disclosures ensuring annual disclosures are completed annually by each board member.

Form 990, Page 6, Part VI, Line 15A

All employees are part-time. The entire board has participated in surveying other organizations to determine appropriate compensation given our size and amount of work required of the employees. There are no comparable organizations due to our unique status as an orchestra/fiddle school so we have unique payment schedules.

Form 990, Page 6, Part VI, Line 15B

SEE RESPONSE TO 15A.

Form 990, Page 6, Part VI, Line 19

Governing documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Stringendo Inc
EIN
26-0535130
Phone
8452641206
Address
1580 ROUTE 376, WAPPINGERS FALLS, NY 12590

Signing Officer

Name
Gabriella Fryer
Title
Executive Director
Phone
8456359542
Signed
2016-06-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lisa Rubenstein
Formed
2007
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
44
Volunteers
50

Preparer

Firm
D'ARCANGELO & CO LLP
Address
510 HAIGHT AVE, POUGHKEEPSIE, NY 12603
Preparer
Brenda K Santoro
Phone
8454737774
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers consist of board members who volunteer their time without pay to govern the organization. Also, members and their family/friends occasionally volunteer time to assist in program related activities to benefit the organization.

Form 990, Page 12, Part XII, Line 2C

The finance committee is responsible for the selection of an independent accountant to review the financial statements and for overseeing the review of the financial statements.

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IRS990/SavingsAndTempCashInvstGrp/EOYAmt030111
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt02117
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04035
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06152
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0389
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SALES TAX PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02117
IRS990ScheduleD/TotalLiabilityAmt0389
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS PROPERLY MADE ITS RACIALLY NONDISCRIMINATORY POLICY KNOWN TO ALL SEGMENTS OF THE GENERAL COMMUNITY SERVED BY THE ORGANIZATION. THE NOTICE APPEARS IN ITS BROCHURES AND REGISTRATION DOCUMENTS DURING THE REGISTRATION PERIOD.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt014938
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt021858
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt021858
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt021858
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt021858
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt06920
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0796
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0796
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt014142
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt014142
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt025115
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FINANCIAL AID
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt086
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION AWARDS FINANCIAL AID TO SELECT STUDENTS PER REVIEW BY THE BOARD AND OFFICERS. FINANCIAL AID IS AWARDED AS A REDUCTION IN TUITION DUE FROM THE STUDENT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS CONSIST OF BOARD MEMBERS WHO VOLUNTEER THEIR TIME WITHOUT PAY TO GOVERN THE ORGANIZATION. ALSO, MEMBERS AND THEIR FAMILY/FRIENDS OCCASIONALLY VOLUNTEER TIME TO ASSIST IN PROGRAM RELATED ACTIVITIES TO BENEFIT THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PROCESS FOR REVIEW IS TO CIRCULATE THE 990 BY EMAIL OR MAKE A HARD COPY AVAILABLE AT THE OFFICE FOR EVERYONE ON THE BOARD TO REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR MONITORS THE CONFLICT OF INTEREST DISCLOSURES ENSURING ANNUAL DISCLOSURES ARE COMPLETED ANNUALLY BY EACH BOARD MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL EMPLOYEES ARE PART-TIME. THE ENTIRE BOARD HAS PARTICIPATED IN SURVEYING OTHER ORGANIZATIONS TO DETERMINE APPROPRIATE COMPENSATION GIVEN OUR SIZE AND AMOUNT OF WORK REQUIRED OF THE EMPLOYEES. THERE ARE NO COMPARABLE ORGANIZATIONS DUE TO OUR UNIQUE STATUS AS AN ORCHESTRA/FIDDLE SCHOOL SO WE HAVE UNIQUE PAYMENT SCHEDULES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SEE RESPONSE TO 15A.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE FINANCE COMMITTEE IS RESPONSIBLE FOR THE SELECTION OF AN INDEPENDENT ACCOUNTANT TO REVIEW THE FINANCIAL STATEMENTS AND FOR OVERSEEING THE REVIEW OF THE FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 12, PART XII, LINE 2C
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt056860
IRS990/TotalAssetsEOYAmt035143
IRS990/TotalAssetsGrp/BOYAmt056860
IRS990/TotalAssetsGrp/EOYAmt035143
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt033542
IRS990/TotalEmployeeCnt044
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0936
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt081363
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0295103
IRS990/TotalFunctionalExpensesGrp/TotalAmt0377402
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0134
IRS990/TotalLiabilitiesEOYAmt0389
IRS990/TotalLiabilitiesGrp/BOYAmt0134
IRS990/TotalLiabilitiesGrp/EOYAmt0389
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt056726
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt034754
IRS990/TotalProgramServiceExpensesAmt0295103
IRS990/TotalProgramServiceRevenueAmt0300542
IRS990/TotalReportableCompFromOrgAmt038750
IRS990/TotalRevenueGrp/ExclusionAmt09460
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0312428
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0355430
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt056860
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt035143
IRS990/TravelGrp/ManagementAndGeneralAmt029
IRS990/TravelGrp/ProgramServicesAmt05846
IRS990/TravelGrp/TotalAmt05875
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt056726
IRS990/UnrestrictedNetAssetsGrp/EOYAmt034754
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01580 ROUTE 376
IRS990/USAddress/CityNm0WAPPINGERS FALLS

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