Civic Intelligence

Soundscapes Inc.

990 • Fiscal year 2017 • EIN 27-1923247

Jul 01, 2016 to Jun 30, 2017 • Filed on Apr 26, 2018

11712 Jefferson AveNewport News, VA 23601

(757) 273-6178

Siviq Scores

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

Liabilities / Assets

45th percentile

0.02x

Higher debt load relative to assets than 45% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

33rd percentile

0.01x

Higher debt load relative to revenue than 33% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

51st percentile

3.8%

Higher net margin than 51% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

77th percentile

$70,384

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 13.8% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

73rd percentile

16%

Faster asset growth than 73% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

61st percentile

11%

Faster revenue growth than 61% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$128,910

Up $17,338 (+16%) from 2016

Net Assets

Up

$126,029

Up $19,408 (+18%) from 2016

Liabilities

Down

$2,881

Down $2,070 (-42%) from 2016

Revenue

Up

$509,076

Up $50,772 (+11%) from 2016

Expenses

Up

$489,668

Up $48,288 (+11%) from 2016

Net Income

Up

$19,408

Up $2,484 (+15%) from 2016

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2014: $97,712Liabilities 2014: $14,511Net Assets 2014: $83,2012014Assets 2015: $107,121Liabilities 2015: $17,424Net Assets 2015: $89,6972015Assets 2016: $111,572Liabilities 2016: $4,951Net Assets 2016: $106,6212016Assets 2017: $128,910Liabilities 2017: $2,881Net Assets 2017: $126,0292017Assets 2018: $157,483Liabilities 2018: $3,563Net Assets 2018: $153,9202018Assets 2019: $203,757Liabilities 2019: $26,951Net Assets 2019: $176,8062019Assets 2020: $398,794Liabilities 2020: $110,609Net Assets 2020: $288,1852020Assets 2021: $591,109Liabilities 2021: $183,002Net Assets 2021: $408,1072021Assets 2022: $512,344Liabilities 2022: $57,199Net Assets 2022: $455,1452022Assets 2023: $465,849Liabilities 2023: $72,986Net Assets 2023: $392,8632023Assets 2024: $594,410Liabilities 2024: $100,813Net Assets 2024: $493,5972024Assets 2025: $691,477Liabilities 2025: $122,472Net Assets 2025: $569,0052025

Highlighted filing

2017

Assets$128,910
Liabilities$2,881
Net Assets$126,029

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2014: $402,035Expenses 2014: $335,382Net Income 2014: $66,6532014Revenue 2015: $398,803Expenses 2015: $392,307Net Income 2015: $6,4962015Revenue 2016: $458,304Expenses 2016: $441,380Net Income 2016: $16,9242016Revenue 2017: $509,076Expenses 2017: $489,668Net Income 2017: $19,4082017Revenue 2018: $542,735Expenses 2018: $514,844Net Income 2018: $27,8912018Revenue 2019: $580,564Expenses 2019: $557,678Net Income 2019: $22,8862019Revenue 2020: $771,897Expenses 2020: $660,518Net Income 2020: $111,3792020Revenue 2021: $759,103Expenses 2021: $639,181Net Income 2021: $119,9222021Revenue 2022: $885,391Expenses 2022: $838,353Net Income 2022: $47,0382022Revenue 2023: $893,490Expenses 2023: $955,772Net Income 2023: -$62,2822023Revenue 2024: $1,478,807Expenses 2024: $1,378,073Net Income 2024: $100,7342024Revenue 2025: $1,400,958Expenses 2025: $1,325,550Net Income 2025: $75,4082025

Highlighted filing

2017

Revenue$509,076
Expenses$489,668
Net Income$19,408
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Apr 26, 2018
Return Version
2016v3.0
Gross Receipts
$534,518
Mission and Program Overview

Mission

Soundscapes is a nonprofit, educational intervention organization that instills transformative life skills in under-resourced children in our community, using intensive music study and frequent ensemble performances.

To provide early childhood music education to underserved communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$48,097$51,758▲ $3,661
Pledges and Grants Receivable$30,000$48,153▲ $18,153
Cash and Non-Interest-Bearing Accounts$22,762$28,039▲ $5,277
Accounts Receivable$10,713--
Prepaid Expenses and Deferred Charges-$960-
Total Assets$111,572$128,910▲ $17,338
Liabilities
Accounts Payable and Accrued Expenses$4,951$2,881▼ $2,070
Total Liabilities$4,951$2,881▼ $2,070
Net Assets / Fund Balance
Unrestricted Net Assets$76,621$96,029▲ $19,408
Temporarily Rstr Net Assets$30,000$30,000→ $0
Total Net Assets Fund Balance$106,621$126,029▲ $19,408
Total Liabilities and Net Assets / Fund Balance$111,572$128,910▲ $17,338

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$51,758$23,549$75,307
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Reynaldo RamirezDirectorFT$70,384$70,384
Anne HenryExecutive Director/SecretaryFT$56,000$56,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$448,163
Program Service Revenue
$0
Investment Income
$-2,479
Other Revenue
$63,392
All Other Contributions
$363,737
Change in Net Assets
$19,408

Audited Revenue Reconciliation

Revenue per Audited Statements
$509,076
Revenue Not Reported on Form 990
$25,442
Total Revenue per Audited Statements
$534,518
Total Revenue per Form 990
$509,076
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$351,695
Other Expenses$137,973
Total Fundraising Expense$24,750
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$169,386$30,365$0$199,751
Current Officers, Directors, Trustees, and Key Employees$101,107$25,277$0$126,384
Fees for Services Other$27,054$10,694$24,750$62,498
Other Expenses$18,178$14,366$0$32,544
Payroll Taxes$20,658$4,902$0$25,560
Occupancy$4,643$11,520$0$16,163
Fees for Services Accounting$0$8,273$0$8,273
Insurance$0$7,657$0$7,657
Depreciation Depletion$0$7,463$0$7,463
Advertising$1,296$190$0$1,486
Travel$962$389$0$1,351
Fees for Services Legal$0$538$0$538
Total Functional Expenses$343,284$121,634$24,750$489,668

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$515,110
Expenses per Audited Statements$489,668
Total Expenses per Form 990$489,668
Expenses Not Reported on Form 990$25,442
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$86,355
Fundraising Direct Expenses$22,963
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf tournament$46,480$46,480$19,570$26,910
JRCC event$39,875$39,875$3,393$36,482
Total Events$86,355$86,355$22,963$63,392
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
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
Filing and Contact Details

Filer

Filer Name
Soundscapes Inc
EIN
27-1923247
Phone
7572736178
Address
11712 Jefferson Ave, Newport News, VA 23601

Signing Officer

Name
Robert R Hatten
Title
Chairman
Phone
7572736178
Signed
2018-04-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert R Hatten
Formed
2013
Legal Domicile
Va
Voting Board Members
11
Independent Board Members
11
Employees
18
Volunteers
34

Preparer

Firm
Black Marlin CPA
Address
200-1 Nat Turner Blvd, Newport News, VA 23606
Preparer
Ann Black
Phone
7575969300
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Board of Directors reviews and approves Form 990

Pt VI, Line 15A

Compensation is reviewed for comparable poitions in the area

Pt VI, Line 15B

Compensation is reviewed for comparable positions in the area

Pt VI, Line 12C

Board requires annual disclosures from officers, directors and key employees

Financial Statement Notes

Pt XI, Line 2D

Tax return presentation differences. Fundraising expenses and fixed asset disposal losses are netted against income on the tax return, but presented as expenses on the financial statements.

Pt XII, Line 2D

Tax return presentation differences. Fundraising expenses and fixed asset disposal losses are netted against income on the tax return, but presented as expenses on the financial statements.

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IRS990/PYContributionsGrantsAmt0423778
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02
IRS990/PYOtherExpensesAmt0139411
IRS990/PYOtherRevenueAmt032769
IRS990/PYProgramServiceRevenueAmt01755
IRS990/PYRevenuesLessExpensesAmt016924
IRS990/PYSalariesCompEmpBnftPaidAmt0301969
IRS990/PYTotalExpensesAmt0441380
IRS990/PYTotalRevenueAmt0458304
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt019408
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0509076
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part III, Line 12 Description: Program 2014 950. Other 2014 595
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1Other Income Part III, Line 12 Description: Program 2014: 950. Description: Other 2014: 595. Description: Other 2014: -614.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt III Ln 12
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Pt III Ln 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0509074
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0458302
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0397870
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0401408
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0303576
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02070230
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0627
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt085
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0718
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0627
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt085
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0718
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0931
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0931
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt02070230
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0509074
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0458302
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0397870
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0401408
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0303576
IRS990ScheduleA/Total509Grp/TotalAmt02070230
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02071879
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt051758
IRS990ScheduleD/EquipmentGrp/DepreciationAmt023549
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt075307
IRS990ScheduleD/ExpensesNotReportedAmt025442
IRS990ScheduleD/ExpensesSubtotalAmt0489668
IRS990ScheduleD/OtherExpensesIncludedAmt025442
IRS990ScheduleD/OtherRevenueAmt025442
IRS990ScheduleD/RevenueNotReportedAmt025442
IRS990ScheduleD/RevenueSubtotalAmt0509076
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Tax return presentation differences. Fundraising expenses and fixed asset disposal losses are netted against income on the tax return, but presented as expenses on the financial statements.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Tax return presentation differences. Fundraising expenses and fixed asset disposal losses are netted against income on the tax return, but presented as expenses on the financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XI, Line 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XII, Line 2d
IRS990ScheduleD/TotalBookValueLandBuildingsAmt051758
IRS990ScheduleD/TotalExpensesPerForm990Amt0489668
IRS990ScheduleD/TotalRevenuePerForm990Amt0509076
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0534518
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0515110
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt022963
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Golf tournament
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0JRCC event
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt046480
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt039875
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt086355
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt046480
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt039875
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt086355
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt063392
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt022963
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt019570
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt03393
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Board of Directors reviews and approves Form 990
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Compensation is reviewed for comparable poitions in the area
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compensation is reviewed for comparable positions in the area
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Board requires annual disclosures from officers, directors and key employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 12c
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt030000
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt030000
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0111572
IRS990/TotalAssetsEOYAmt0128910
IRS990/TotalAssetsGrp/BOYAmt0111572
IRS990/TotalAssetsGrp/EOYAmt0128910
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0448163
IRS990/TotalEmployeeCnt018
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt024750
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0121634
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0343284
IRS990/TotalFunctionalExpensesGrp/TotalAmt0489668
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04951
IRS990/TotalLiabilitiesEOYAmt02881

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