Liabilities / Assets
71st percentile
Higher debt load relative to assets than 71% of similar nonprofits.
Doublestop Foundation Inc
990EZ • Fiscal year 2015 • EIN 27-4426618
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.04x
Liabilities / Revenue
88th percentile
Higher debt load relative to revenue than 88% of similar nonprofits.
Net Margin
3rd percentile
Higher net margin than 3% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
74th percentile
Faster asset growth than 74% of similar nonprofits.
Revenue Growth
23rd percentile
Faster revenue growth than 23% of similar nonprofits.
Balance Sheet
Assets
Up$16,935
Up $8,121 (+92%) from 2012
Net Assets
Up$16,185
Up $7,371 (+84%) from 2012
Liabilities
$750
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Down$3,017
Down $2,933 (-49%) from 2012
Expenses
Down$9,168
Down $9,935 (-52%) from 2012
Net Income
Up-$6,151
Up $7,002 (+53%) from 2012
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2015 to Dec 31, 2015
- Signed
- Apr 20, 2016
- Return Version
- 2015v2.1
- Gross Receipts
- $3,017
Mission and Program Overview
Mission
To give talented musicians a competitive edge in classical music by supplying them with no cost loans of rare and high quality string instruments,and a network of resources and mentors to guide them through their professional development.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE FOUNDATION WILL FURNISH YOUNG ARTISTS, BETWEEN THE AGES OF 12-26 WITH RARE AND FINE INSTRUMENTS FOR THEIR USE DURING THE DURATION OF THEIR CONTRACTS. ALSO, PROVIDING CRITICAL SUPPORT, RESOURCES AND MENTORS TO THEM TO GUIDE AND NURTURE. | - | $9,168 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MICHELLE KIM | President | - | $0 | - | - |
| DR JOHN CAHILL | Chairman | - | $0 | - | - |
| ROBERT C LIPSETT | Board Member | - | $0 | - | - |
| JOSEPH L CERVIERI JR | Board Member | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Doublestop Foundation Inc
- EIN
- 27-4426618
- Phone
- 2015801305
- Address
- 96 LINWOOD PLAZA ROOM 119, FORT LEE, NJ 07024
Signing Officer
- Name
- Michelle Kim
- Title
- President
- Phone
- 2015801305
- Signed
- 2016-04-20
Preparer
- Firm
- Samwoo Llp
- Address
- 120 W 31ST STREET 5TH FL, NEW YORK, NY 10001
- Preparer
- Jong Uk Hong
- Phone
- 2122685000
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses advertising and promotion 3,003 travel 1,637 insurance 1,139 bank fee 18 telephone 678 concert 1,180 accrued expense 750 total 8,405”
Form 990-ez, Part II, Line 24
“Accounts receivable 3,000 0 total 3,000 0”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 300 750”
Form 990-ez, Part III
“To give talented musicians a competitive edge in classical music by supplying them with no cost loans of rare and high quality string instruments,and a network of resources and mentors to guide them through their professional development.”
Form 990-ez, Part III, Line 28
“The foundation will furnish young artists, between the ages of 12-26 with rare and fine instruments for their use during the duration of their contracts. Also, providing critical support, resources and mentors to them to guide and nurture.”
Raw XML Appendix129 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | DOUBLESTOP FOUNDATION INC |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2015801305 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 96 LINWOOD PLAZA RM 119 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | FORT LEE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NJ |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 07024 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 19636 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 16935 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 3017 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -6151 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 22636 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 16935 |
| IRS990EZ/GrossReceiptsAmt | 0 | 3017 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 22336 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 16185 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 22336 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 16185 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | MICHELLE KIM |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | DR JOHN CAHILL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | ROBERT C LIPSETT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | JOSEPH L CERVIERI JR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | CHAIRMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 3000 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 8405 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO GIVE TALENTED MUSICIANS A COMPETITIVE EDGE IN CLASSICAL MUSIC BY SUPPLYING THEM WITH NO COST LOANS OF RARE AND HIGH QUALITY STRING INSTRUMENTS,AND A NETWORK OF RESOURCES AND MENTORS TO GUIDE THEM THROUGH THEIR PROFESSIONAL DEVELOPMENT. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 763 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE FOUNDATION WILL FURNISH YOUNG ARTISTS, BETWEEN THE AGES OF 12-26 WITH RARE AND FINE INSTRUMENTS FOR THEIR USE DURING THE DURATION OF THEIR CONTRACTS. ALSO, PROVIDING CRITICAL SUPPORT, RESOURCES AND MENTORS TO THEM TO GUIDE AND NURTURE. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 9168 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 300 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 750 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 9168 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 9168 |
| IRS990EZ/TotalRevenueAmt | 0 | 3017 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | DOUBLESTOPFOUNDATION.ORG |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 3017 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 12415 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 26854 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 5950 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 124616 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 172852 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 20959 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 172852 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 3017 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 12415 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 26854 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 5950 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 124616 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 172852 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 172852 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING AND PROMOTION 3,003 TRAVEL 1,637 INSURANCE 1,139 BANK FEE 18 TELEPHONE 678 CONCERT 1,180 ACCRUED EXPENSE 750 TOTAL 8,405 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS RECEIVABLE 3,000 0 TOTAL 3,000 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 300 750 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | TO GIVE TALENTED MUSICIANS A COMPETITIVE EDGE IN CLASSICAL MUSIC BY SUPPLYING THEM WITH NO COST LOANS OF RARE AND HIGH QUALITY STRING INSTRUMENTS,AND A NETWORK OF RESOURCES AND MENTORS TO GUIDE THEM THROUGH THEIR PROFESSIONAL DEVELOPMENT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE FOUNDATION WILL FURNISH YOUNG ARTISTS, BETWEEN THE AGES OF 12-26 WITH RARE AND FINE INSTRUMENTS FOR THEIR USE DURING THE DURATION OF THEIR CONTRACTS. ALSO, PROVIDING CRITICAL SUPPORT, RESOURCES AND MENTORS TO THEM TO GUIDE AND NURTURE. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2016-09-27 15:27:22Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MICHELLE KIM |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2015801305 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-04-20 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | DOUBLESTOP FOUNDATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | DOUB |
| ReturnHeader/Filer/EIN | 0 | 274426618 |
| ReturnHeader/Filer/PhoneNum | 0 | 2015801305 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 96 LINWOOD PLAZA ROOM 119 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | FORT LEE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NJ |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 07024 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 810604271 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SAMWOO LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 120 W 31ST STREET 5TH FL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | NEW YORK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 10001 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2122685000 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2016-05-09 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JONG UK HONG |
| ReturnHeader/ReturnTs | 0 | 2016-05-09T13:36:51-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-12-31 |
| ReturnHeader/TaxYr | 0 | 2015 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $16,935
- Liabilities
- $750
- Net assets
- $16,185
- Revenue
- $3,017
- Expenses
- $9,168
- Net income
- -$6,151