Civic Intelligence

Lead Guitar

990 • Fiscal year 2019 • EIN 26-1416560

Jul 01, 2018 to Jun 30, 2019 • Filed on Sep 23, 2019

1531 N MagnoliaTucson, AZ 85712

(520) 390-2077

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

52nd percentile

4.1%

Higher net margin than 52% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

62nd percentile

9.1%

Faster revenue growth than 62% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$0

Down $110,670 (-100%) from 2018

Net Assets

Down

$0

Down $107,012 (-100%) from 2018

Liabilities

Down

$0

Down $3,658 (-100%) from 2018

Revenue

Up

$394,183

Up $32,788 (+9.1%) from 2018

Expenses

Up

$377,921

Up $74,999 (+25%) from 2018

Net Income

Down

$16,262

Down $42,211 (-72%) from 2018

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $7,183Liabilities 2010: $445Net Assets 2010: $6,7382010Assets 2012: $7,189Liabilities 2012: $2,232Net Assets 2012: $4,9572012Assets 2013: $11,671Liabilities 2013: $3,759Net Assets 2013: $7,9122013Assets 2014: $59,786Liabilities 2014: $2,548Net Assets 2014: $57,2382014Assets 2016: $68,711Liabilities 2016: $0Net Assets 2016: $68,7112016Assets 2017: $51,410Liabilities 2017: $2,871Net Assets 2017: $48,5392017Assets 2018: $110,670Liabilities 2018: $3,658Net Assets 2018: $107,0122018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019Assets 2020: $215,871Liabilities 2020: $115,612Net Assets 2020: $100,2592020Assets 2021: $209,194Liabilities 2021: $10,360Net Assets 2021: $198,8342021

Highlighted filing

2019

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2010: $55,715Expenses 2010: $62,363Net Income 2010: -$6,6482010Revenue 2012: $64,815Expenses 2012: $76,102Net Income 2012: -$11,2872012Revenue 2013: $96,459Expenses 2013: $93,504Net Income 2013: $2,9552013Revenue 2014: $76,061Expenses 2014: $26,735Net Income 2014: $49,3262014Revenue 2016: $157,195Expenses 2016: $149,154Net Income 2016: $8,0412016Revenue 2017: $225,705Expenses 2017: $245,877Net Income 2017: -$20,1722017Revenue 2018: $361,395Expenses 2018: $302,922Net Income 2018: $58,4732018Revenue 2019: $394,183Expenses 2019: $377,921Net Income 2019: $16,2622019Revenue 2020: $420,352Expenses 2020: $443,365Net Income 2020: -$23,0132020Revenue 2021: $603,649Expenses 2021: $505,074Net Income 2021: $98,5752021

Highlighted filing

2019

Revenue$394,183
Expenses$377,921
Net Income$16,262
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Sep 23, 2019
Return Version
2018v3.1
Gross Receipts
$394,183
Mission and Program Overview

Mission

Lead guitar improves student grades, graduation rates, resilience and life skills by delivering free in-school guitar programs to kids facing significant socioeconomic challenges or other barriers to experiencing the transformative power of making music.

Lead guitar establishes permanent classical guitar classes in public schools with low access

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$71,302--
Accounts Receivable$39,368--
Total Assets$110,670$0▼ $110,670
Liabilities
Accounts Payable and Accrued Expenses$3,658--
Total Liabilities$3,658$0▼ $3,658
Net Assets / Fund Balance
Unrestricted Net Assets$107,012--
Total Net Assets Fund Balance$107,012$0▼ $107,012
Total Liabilities and Net Assets / Fund Balance$110,670$0▼ $110,670
Compensation and Service Providers

Board Members and Trustees

NameTitle
Daniel BeuschelDirector
Diane QuevedoDirector
Doug DeclusinDirector
Glenn HowardDirector
Joe MillstoneDirector
Lendre KearnsDirector
Theresa SeifertDirector
Marc SandroffPresiden
Brad RichterSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$365,990
Program Service Revenue
$26,600
Investment Income
$1,593
Other Revenue
$0
All Other Contributions
$291,146
Change in Net Assets
$16,262
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$222,308
Salaries, Compensation, and Employee Benefits$155,613
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$142,435$0$0$142,435
Other Expenses$128,407$0$0$128,407
Fees for Services Management$0$40,008$0$40,008
Travel$24,240$0$0$24,240
Occupancy$0$16,200$0$16,200
Payroll Taxes$13,178$0$0$13,178
Fees for Services Accounting$0$5,444$0$5,444
Office Expenses$3,260$1,832$0$5,092
Insurance$969$1,278$0$2,247
Advertising$577$0$0$577
Conferences and Meetings$60$0$0$60
Fees for Services Legal$0$33$0$33
Total Functional Expenses$313,126$64,795$0$377,921
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
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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
Lead Guitar
EIN
26-1416560
Phone
5203902077
Address
1531 N MAGNOLIA, TUCSON, AZ 85712

Signing Officer

Name
Brad Richter
Title
Secretary
Phone
5203902077
Signed
2019-09-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brad Richter
Formed
2006
Legal Domicile
Az
Voting Board Members
9
Independent Board Members
9
Employees
12
Volunteers
12

Preparer

Firm
Elizabeth a Lopez CPA Pc
Address
4741 N TONALEA TRL, TUCSON, AZ 85749-9637
Preparer
Elizabeth a Lopez
Phone
5207492920
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Submit any revisions or comments to the cpa preparing the return. A copy of the finalized 990 is then provided to the board prior to its filing.

Pt VI, Line 12C

The organization requires all officers and directors to report any potential conflicts of interest to the board for review and resolution. Policy is reviewed regularly at an annual board meeting to ensure compliance, or to discuss conflicts and propose a pathway to compliance.

Pt VI, Line 19

The organization makes its governing documents and financial statements available to the public upon request.

Pt VIII

Revenue: the substantial increase in revenue is due in part to the borstein family trust unrestricted gift of $125,000. The total amount was received in july 2017 but it is budgeted for incremental spending over four academic years.

Pt VI, Line 2

Board member doug declusin contracts board president marc sandroff for business services. Board president marc sandroff contracts board member glenn howell for business ervices.

Pt VI, Line 4

The board adopted or updated the following on 09/04/2018 - whistleblower policy, document retention/destruction policy, conflict of interest policy and by-laws.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SUBMIT ANY REVISIONS OR COMMENTS TO THE CPA PREPARING THE RETURN. A COPY OF THE FINALIZED 990 IS THEN PROVIDED TO THE BOARD PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REQUIRES ALL OFFICERS AND DIRECTORS TO REPORT ANY POTENTIAL CONFLICTS OF INTEREST TO THE BOARD FOR REVIEW AND RESOLUTION. POLICY IS REVIEWED REGULARLY AT AN ANNUAL BOARD MEETING TO ENSURE COMPLIANCE, OR TO DISCUSS CONFLICTS AND PROPOSE A PATHWAY TO COMPLIANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REVENUE: THE SUBSTANTIAL INCREASE IN REVENUE IS DUE IN PART TO THE BORSTEIN FAMILY TRUST UNRESTRICTED GIFT OF $125,000. THE TOTAL AMOUNT WAS RECEIVED IN JULY 2017 BUT IT IS BUDGETED FOR INCREMENTAL SPENDING OVER FOUR ACADEMIC YEARS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD MEMBER DOUG DECLUSIN CONTRACTS BOARD PRESIDENT MARC SANDROFF FOR BUSINESS SERVICES. BOARD PRESIDENT MARC SANDROFF CONTRACTS BOARD MEMBER GLENN HOWELL FOR BUSINESS ERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD ADOPTED OR UPDATED THE FOLLOWING ON 09/04/2018 - WHISTLEBLOWER POLICY, DOCUMENT RETENTION/DESTRUCTION POLICY, CONFLICT OF INTEREST POLICY AND BY-LAWS.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VIII
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