Civic Intelligence

Chords for a Cause Inc

EIN 27-2398599 • 501(c)3 • Wilmington, NC

Revoked

Profile

Chords for a cause organizes and presents, at least, one concert annually to benefit a designated medical charity. Annually, the organization defines a medically related cause and utilizes the event(s) to raise awareness and funds to support the cause.

Revocation date: May 15, 2017

1202 Medical Center DriveWilmington, NC 28401

www.chordsforacause.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

97th percentile

4.14x

Higher debt load relative to assets than 97% of similar nonprofits.

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

Liabilities / Revenue

95th percentile

1.01x

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

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

Net Margin

69th percentile

14%

Higher net margin than 69% of similar nonprofits.

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

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

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

Asset Growth

92nd percentile

105%

Faster asset growth than 92% of similar nonprofits.

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

Revenue Growth

89th percentile

79%

Faster revenue growth than 89% of similar nonprofits.

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

Assets

Up

$8,418

Up $4,320 (+105%) from 2012

Liabilities

Down

$34,877

Down $674 (-1.9%) from 2012

Net Assets

Up

-$26,459

Up $4,994 (+16%) from 2012

Revenue

Up

$34,445

Up $15,238 (+79%) from 2012

Expenses

Down

$29,451

Down $29,725 (-50%) from 2012

Net Income

Up

$4,994

Up $44,963 (+112%) from 2012

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40K$20K$0-$20K-$40KAssets 2011: $24,941Liabilities 2011: $16,425Net Assets 2011: $8,5162011Assets 2012: $4,098Liabilities 2012: $35,551Net Assets 2012: -$31,4532012Assets 2013: $8,418Liabilities 2013: $34,877Net Assets 2013: -$26,4592013

Highlighted filing

2013

Assets$8,418
Liabilities$34,877
Net Assets-$26,459

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2011: $60,354Expenses 2011: $52,918Net Income 2011: $7,4362011Revenue 2012: $19,207Expenses 2012: $59,176Net Income 2012: -$39,9692012Revenue 2013: $34,445Expenses 2013: $29,451Net Income 2013: $4,9942013

Highlighted filing

2013

Revenue$34,445
Expenses$29,451
Net Income$4,994

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 14, 2014
Return Version
2013v3.0
Gross Receipts
$68,589
Mission and Program Overview

Mission

Chords for a cause organizes and presents, at least, one concert annually to benefit a designated medical charity. Annually, the organization defines a medically related cause and utilizes the event(s) to raise awareness and funds to support the cause.

Program Services

DescriptionGrantsExpenses
UTILIZING THE POWER OF MUSIC TO BRING PEOPLE TOGETHER TO MAKE A DIFFERENCE.$0$29,452
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAMIAN BREZINSKIPresidentPT$0--
SUE BREZINSKIVice-PresidentPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$7,950$7,950-$7,950
Total Events$7,950$7,950$34,144$-26,194
Filing and Contact Details

Filer

EIN
27-2398599
Phone
9103413331

Signing Officer

Name
Damian a Brezinski
Title
President
Phone
9102626300
Signed
2014-11-14
Discuss with paid preparer
Yes

Preparer

Preparer
Lori L Bailey
Phone
9107629671
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: hospice. Grantee name: lower cape fear hospice foundaton. Grantee address: 1414 physicians dr wilmington, nc 28401. Property description: cash. Date of gift: 10/18/13. Amount given: 2,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: burn center. Grantee name: taylor campbell pledge fund. Grantee address: 101 manning drive cb #7600 chapel hill, nc 27599. Date of gift: 12/18/13. Amount given: 10,000. Total included on form 990-ez, line 10: 12,000.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: advertising expense. Amount: 802. Description: insurance expense. Amount: 1,786. Description: meals,travel and meetings. Amount: 3,825. Description: bank fees. Amount: 897. Description: miscellaneous. Amount: 1,264. Total to form 990-ez, line 16: 8,574.

Form 990-ez, Part II, Line 24 - Other Assets

Description: miscellaneous. Beg. Of year amount: 550. End of year amount: 550.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 35,551. End of year amount: 34,877.

Raw XML Appendix167 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine10DAMIAN A BREZINSKI
IRS990EZ/BooksInCareOfDetail/PhoneNum09102626300
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine101202 MEDICAL CENTER DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/City0WILMINGTON
IRS990EZ/BooksInCareOfDetail/USAddress/State0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode028401
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03548
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt07868
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt060639
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt04994
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt05460
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt04098
IRS990EZ/Form990TotalAssetsGrp/EOYAmt08418
IRS990EZ/FundraisingGrossIncomeAmt07950
IRS990EZ/GrantsAndSimilarAmountsPaidAmt012000
IRS990EZ/GrossReceiptsAmt068589
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-31453
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-26459
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-31453
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-26459
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAMIAN BREZINSKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SUE BREZINSKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE-PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0550
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0550
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt08574
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0CHORDS FOR A CAUSE ORGANIZES AND PRESENTS, AT LEAST, ONE CONCERT ANNUALLY TO BENEFIT A DESIGNATED MEDICAL CHARITY. ANNUALLY, THE ORGANIZATION DEFINES A MEDICALLY RELATED CAUSE AND UTILIZES THE EVENT(S) TO RAISE AWARENESS AND FUNDS TO SUPPORT THE CAUSE.
IRS990EZ/PrintingPublicationsPostageAmt03417
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0UTILIZING THE POWER OF MUSIC TO BRING PEOPLE TOGETHER TO MAKE A DIFFERENCE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt029452
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt034144
IRS990EZ/SpecialEventsNetIncomeLossAmt0-26194
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt035551
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt034877
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt029451
IRS990EZ/TotalProgramServiceExpensesAmt029452
IRS990EZ/TotalRevenueAmt034445
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.CHORDSFORACAUSE.COM
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt060639
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt092390
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt094699
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt084238
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0331966
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt07950
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt023765
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt010936
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt014520
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt057171
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0389137
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt068589
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0116155
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0105635
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt098758
IRS990ScheduleA/Total509Grp/TotalAmt0389137
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt068589
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0116155
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0105635
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt098758
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0389137
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
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt034144
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt030560
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt030560
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt07950
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt07950
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt07950
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt07950
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0CONCERT EVENT TICKET & TSHIRT SALES
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-26194
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt03584
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt03584
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: HOSPICE. GRANTEE NAME: LOWER CAPE FEAR HOSPICE FOUNDATON. GRANTEE ADDRESS: 1414 PHYSICIANS DR WILMINGTON, NC 28401. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 10/18/13. AMOUNT GIVEN: 2,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: BURN CENTER. GRANTEE NAME: TAYLOR CAMPBELL PLEDGE FUND. GRANTEE ADDRESS: 101 MANNING DRIVE CB #7600 CHAPEL HILL, NC 27599. DATE OF GIFT: 12/18/13. AMOUNT GIVEN: 10,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 12,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ADVERTISING EXPENSE. AMOUNT: 802. DESCRIPTION: INSURANCE EXPENSE. AMOUNT: 1,786. DESCRIPTION: MEALS,TRAVEL AND MEETINGS. AMOUNT: 3,825. DESCRIPTION: BANK FEES. AMOUNT: 897. DESCRIPTION: MISCELLANEOUS. AMOUNT: 1,264. TOTAL TO FORM 990-EZ, LINE 16: 8,574.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: MISCELLANEOUS. BEG. OF YEAR AMOUNT: 550. END OF YEAR AMOUNT: 550.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 35,551. END OF YEAR AMOUNT: 34,877.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DAMIAN A BREZINSKI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09102626300
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine10CHORDS FOR A CAUSE INC
ReturnHeader/Filer/BusinessNameControlTxt0CHOR
ReturnHeader/Filer/EIN0272398599
ReturnHeader/Filer/PhoneNum09103413331
ReturnHeader/Filer/USAddress/AddressLine101202 MEDICAL CENTER DRIVE
ReturnHeader/Filer/USAddress/City0WILMINGTON
ReturnHeader/Filer/USAddress/State0NC
ReturnHeader/Filer/USAddress/ZIPCode028401
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0420714325
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10MCGLADREY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10300 NORTH 3RD STREET FIFTH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0WILMINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode028401
ReturnHeader/PreparerPersonGrp/PhoneNum09107629671
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LORI L BAILEY
ReturnHeader/ReturnTs02014-11-14T12:46:39-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.