Civic Intelligence

Bring Our Music Back Foundation Inc.

990 • Fiscal year 2013 • EIN 27-1574977

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 06, 2014

10 Liberty WayRoom/Suite A-306357

(860) 691-3065

Siviq Scores

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

Liabilities / Assets

99th percentile

22.55x

Higher debt load relative to assets than 99% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

94th percentile

0.81x

Higher debt load relative to revenue than 94% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

10th percentile

-37%

Higher net margin than 10% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

5th percentile

-65%

Faster asset growth than 5% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$9,568

Down $17,824 (-65%) from 2012

Net Assets

Down

-$206,199

Down $99,369 (-93%) from 2012

Liabilities

Up

$215,767

Up $81,545 (+61%) from 2012

Revenue

$267,597

No earlier filing loaded for comparison.

Expenses

Up

$366,966

Up $83,871 (+30%) from 2012

Net Income

-$99,369

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$400K$200K$0-$200K-$400KAssets 2012: $27,392Liabilities 2012: $134,222Net Assets 2012: -$106,8302012Assets 2013: $9,568Liabilities 2013: $215,767Net Assets 2013: -$206,1992013Assets 2014: $9,343Liabilities 2014: $215,767Net Assets 2014: -$206,4242014Assets 2015: $9,343Liabilities 2015: $101,367Net Assets 2015: -$92,0242015Assets 2016: $42,976Liabilities 2016: $0Net Assets 2016: $42,9762016Assets 2017: $42,976Liabilities 2017: $0Net Assets 2017: $42,9762017Assets 2018: $42,976Liabilities 2018: $0Net Assets 2018: $42,9762018Assets 2019: $42,976Liabilities 2019: $0Net Assets 2019: $42,9762019Assets 2020: $42,976Liabilities 2020: $0Net Assets 2020: $42,9762020Assets 2021: $42,976Liabilities 2021: $0Net Assets 2021: $42,9762021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2013

Assets$9,568
Liabilities$215,767
Net Assets-$206,199

Operations Trend

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

$400K$200K$0-$200KExpenses 2012: $283,0952012Revenue 2013: $267,597Expenses 2013: $366,966Net Income 2013: -$99,3692013Revenue 2014: $131,100Expenses 2014: $131,325Net Income 2014: -$2252014Revenue 2015: $135,000Expenses 2015: $20,600Net Income 2015: $114,4002015Revenue 2016: $135,000Expenses 2016: $0Net Income 2016: $135,0002016Revenue 2017: $0Expenses 2017: $0Net Income 2017: $02017Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2019: $0Expenses 2019: $0Net Income 2019: $02019Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024

Highlighted filing

2013

Revenue$267,597
Expenses$366,966
Net Income-$99,369
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 6, 2014
Return Version
2013v3.1
Gross Receipts
$267,597
Mission and Program Overview

Mission

Bring our music back, inc is dedicated to the enrichment of community through live music in support of burgeoning youth talent, programs and services..and to the restoration of live performance venues in order to continue to sustain music as a viable artform.

Balance Sheet Detail
LineBeginningEndChange
Assets
Prepaid Expenses and Deferred Charges-$8,400-
Accounts Receivable$4,500--
Cash and Non-Interest-Bearing Accounts$22,892$1,168▼ $21,724
Total Assets$27,392$9,568▼ $17,824
Liabilities
Other Liabilities$134,222$215,767▲ $81,545
Total Liabilities$134,222$215,767▲ $81,545
Net Assets / Fund Balance
Unrestricted Net Assets$-106,830$-206,199▼ $99,369
Total Net Assets Fund Balance$-106,830$-206,199▼ $99,369
Total Liabilities and Net Assets / Fund Balance$27,392$9,568▼ $17,824
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$189,364
Program Service Revenue
$78,233
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-99,369
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$366,966
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
Advertising$242,430--$242,430
Office Expenses$94,550--$94,550
Occupancy$21,495--$21,495
Fees for Services Accounting$3,730--$3,730
Travel$90--$90
Other Expenses$87--$87
Total Functional Expenses$366,966$0$0$366,966
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
Loan$215,767
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

EIN
27-1574977
Phone
8606913065

Signing Officer

Name
Frank Bombaci
Title
Director
Phone
8606913065
Signed
2014-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Frank Bombaci
Formed
2010
Legal Domicile
Ct
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Preparer
William R Sloman Ii CPA
Phone
2036438150
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Bring our music back, inc is dedicated to the enrichment of community through live music in support of burgeoning youth talent, programs and services..and to the restoration of live performance venues in order to continue to sustain music as a viable artform.

Form 990, Page 2, Part III, Line 4D

August nights at harkness which is a revival of summer music at harkness

Raw XML Appendix294 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AUGUST NIGHTS AT HARKNESS WHICH IS A REVIVAL OF SUMMER MUSIC AT HARKNESS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BusinessOfficerGrp/PhoneNum08606913065
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ReturnHeader/Filer/BusinessName/BusinessNameLine10BRING OUR MUSIC BACK INC
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ReturnHeader/Filer/EIN0271574977
ReturnHeader/Filer/PhoneNum08606913065
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ReturnHeader/Filer/USAddress/AddressLine20ROOM/SUITE A-3
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10ACCOUNTING OFFICES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10420 E MAIN ST STE 16
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0BRANFORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0CT
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ReturnHeader/PreparerPersonGrp/PhoneNum02036438150
ReturnHeader/PreparerPersonGrp/PreparationDt02014-11-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM R SLOMAN II CPA
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ReturnHeader/ReturnTs02014-11-11T19:19:08-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

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