Civic Intelligence

Simply Music Incorporated

990EZ • Fiscal year 2022 • EIN 26-3284218

Jan 01, 2022 to Dec 31, 2022 • Filed on Mar 13, 2023

Organization ProfileSimplymusicinc.com
6109 Washington MavePhiladelphia, PA 19143

(215) 877-2171

Siviq Scores

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

Liabilities / Assets

95th percentile

1.00x

Higher debt load relative to assets than 95% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2022

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

96th percentile

244%

Faster asset growth than 96% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets95th percentile

Assets

Up

$53,000

Up $37,600 (+244%) from 2021

Net Assets

Down

-$15,688

Down $15,288 (-3822%) from 2021

Liabilities

Up

$53,000

Up $37,600 (+244%) from 2021

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$15,688

Up $288 (+1.9%) from 2021

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

$60K$40K$20K$0-$20KAssets 2019: $0Net Assets 2019: -$1,1022019Assets 2020: $0Net Assets 2020: $02020Assets 2021: $15,400Liabilities 2021: $15,400Net Assets 2021: -$4002021Assets 2022: $53,000Liabilities 2022: $53,000Net Assets 2022: -$15,6882022Assets 2023: $50,240Liabilities 2023: $50,240Net Assets 2023: $1,4002023Assets 2024: $28,019Liabilities 2024: $47,420Net Assets 2024: -$19,4012024

Highlighted filing

2022

Assets$53,000
Liabilities$53,000
Net Assets-$15,688
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$30K$20K$10K$0-$10KRevenue 2019: $26,250Expenses 2019: $27,352Net Income 2019: -$1,1022019Revenue 2021: $15,000Expenses 2021: $15,400Net Income 2021: -$4002021Expenses 2022: $15,6882022Revenue 2023: $15,600Expenses 2023: $14,200Net Income 2023: $1,4002023Revenue 2024: $22,500Expenses 2024: $22,150Net Income 2024: $3502024

Highlighted filing

2022

Revenue-
Expenses$15,688
Net Income-
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Mar 13, 2023
Return Version
2022v5.0
Mission and Program Overview

Mission

MUSIC EDUCATION

Program Services

DescriptionGrantsExpenses
MUSIC EDUCATION AND INSTRUCTIONS FOR 25 STUDENTS-$15,688
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DORIS HALL JAMESDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Simpley Music
EIN
26-3284218
Address
6109 WASHINGTON MAVE, PHILADELPHIA, PA 19143

Signing Officer

Name
Doris Hall-james
Title
Director
Phone
2677012359
Signed
2023-03-13
Discuss with paid preparer
Yes

Preparer

Firm
Blackriver Financial Services Inc
Address
6100 W JEFFERSON STREET, PHILADELPHIA, PA 19151
Preparer
Kenneth R Booth
Phone
2158772171
Supplemental Narrative

Additional Explanations

Other Expenses

“Sba loan payments - 2200 travel expense - 2880”

Part III .24

“Accounts receivable - 28000 loan to pollit records ein 87-1912884 of 53000 sba loan”

Raw XML Appendix107 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0BLACKRIVER FINANCIAL
IRS990EZ/BooksInCareOfDetail/PhoneNum02158772171
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt06100 W JEFFERSON STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PHILADELPHIA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd019151
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt025000
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-15688
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt015400
IRS990EZ/Form990TotalAssetsGrp/EOYAmt053000
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-15688
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OccupancyRentUtltsAndMaintAmt01608
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DORIS HALL JAMES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt015400
IRS990EZ/OtherAssetsTotalDetail/EOYAmt028000
IRS990EZ/OtherExpensesTotalAmt05080
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0MUSIC EDUCATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MUSIC EDUCATION AND INSTRUCTIONS FOR 25 STUDENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt015688
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt09000
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt015400
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt053000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt015688
IRS990EZ/TotalProgramServiceExpensesAmt015688
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt015000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt026250
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt041250
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt041250
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt015000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt026250
IRS990ScheduleA/Total509Grp/TotalAmt041250
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt015000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt026250
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt041250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SBA LOAN PAYMENTS - 2200 TRAVEL EXPENSE - 2880
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE - 28000 LOAN TO POLLIT RECORDS EIN 87-1912884 OF 53000 SBA LOAN
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART III .24
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DORIS HALL-JAMES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02677012359
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-03-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SIMPLEY MUSIC
ReturnHeader/Filer/BusinessNameControlTxt0SIMP
ReturnHeader/Filer/EIN0263284218
ReturnHeader/Filer/USAddress/AddressLine1Txt06109 WASHINGTON MAVE
ReturnHeader/Filer/USAddress/CityNm0PHILADELPHIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd019143
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0233021221
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BLACKRIVER FINANCIAL SERVICES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06100 W JEFFERSON STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PHILADELPHIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019151
ReturnHeader/PreparerPersonGrp/PhoneNum02158772171
ReturnHeader/PreparerPersonGrp/PreparationDt02023-09-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KENNETH R BOOTH
ReturnHeader/ReturnTs02023-09-08T16:42:18-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DORIS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HALL-JAMES
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$53,000
Liabilities
$53,000
Net assets
-$15,688
Revenue
-
Expenses
$15,688
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$28.0$47.4$19.4$22.5$22.2$0.35
2023Detailed filing. Detailed filing data is available for this year.$50.2$50.2$1.40$15.6$14.2$1.40
2022Detailed filing. Detailed filing data is available for this year.$53.0$53.0$15.7$15.7
2021Detailed filing. Detailed filing data is available for this year.$15.4$15.4$0.40$15.0$15.4$0.40
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.00$1.10$26.3$27.4$1.10