Civic Intelligence

Doublestop Foundation Inc

990EZ • Fiscal year 2017 • EIN 27-4426618

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 17, 2018

96 Linwood Plaza Room 119Fort Lee, NJ 07024

(201) 580-1305

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2017

Net Margin

89th percentile

43%

Higher net margin than 89% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

81st percentile

37%

Faster asset growth than 81% of similar nonprofits.

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

Revenue Growth

98th percentile

347%

Faster revenue growth than 98% of similar nonprofits.

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

Assets

Up

$15,253

Up $4,157 (+37%) from 2016

Net Assets

Up

$15,253

Up $4,157 (+37%) from 2016

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$9,768

Up $7,582 (+347%) from 2016

Expenses

Down

$5,611

Down $1,664 (-23%) from 2016

Net Income

Up

$4,157

Up $9,246 (+182%) from 2016

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2011: $26,021Liabilities 2011: $4,054Net Assets 2011: $21,9672011Assets 2012: $8,814Net Assets 2012: $8,8142012Assets 2015: $16,935Liabilities 2015: $750Net Assets 2015: $16,1852015Assets 2016: $11,096Net Assets 2016: $11,0962016Assets 2017: $15,253Net Assets 2017: $15,2532017Assets 2018: $15,725Net Assets 2018: $15,7252018

Highlighted filing

2017

Assets$15,253
Liabilities-
Net Assets$15,253

Operations Trend

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

$100K$50K$0-$50KRevenue 2011: $88,003Expenses 2011: $66,036Net Income 2011: $21,9672011Revenue 2012: $5,950Expenses 2012: $19,103Net Income 2012: -$13,1532012Revenue 2015: $3,017Expenses 2015: $9,168Net Income 2015: -$6,1512015Revenue 2016: $2,186Expenses 2016: $7,275Net Income 2016: -$5,0892016Revenue 2017: $9,768Expenses 2017: $5,611Net Income 2017: $4,1572017Revenue 2018: $9,988Expenses 2018: $9,516Net Income 2018: $4722018

Highlighted filing

2017

Revenue$9,768
Expenses$5,611
Net Income$4,157
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 17, 2018
Return Version
2017v2.3
Gross Receipts
$9,768
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

DescriptionGrantsExpenses
THE FOUNDATION FURNISHES 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.-$5,611
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHELLE KIMPresident-$0--
DR JOHN CAHILLChairman-$0--
ROBERT C LIPSETTBoard Member-$0--
JOSEPH L CERVIERI JRBoard 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
2018-04-17

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 490 travel 1,433 insurance 814 repairs 60 bank fees 154 meals & entertainment 838 communication 1,592 total 5,381

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 0 1,000 total 0 1,000

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 furnishes 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 Appendix133 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/PersonNm0DOUBLESTOP FOUNDATION INC
IRS990EZ/BooksInCareOfDetail/PhoneNum02015801305
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt096 LINWOOD PLAZA RM 119
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FORT LEE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd007024
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt011096
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt014253
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt09768
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt04157
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt011096
IRS990EZ/Form990TotalAssetsGrp/EOYAmt015253
IRS990EZ/GrossReceiptsAmt09768
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt011096
IRS990EZ/NetAssetsOrFundBalancesEOYAmt015253
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt011096
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt015253
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHELLE KIM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DR JOHN CAHILL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ROBERT C LIPSETT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JOSEPH L CERVIERI JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01000
IRS990EZ/OtherExpensesTotalAmt05381
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO 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/PrintingPublicationsPostageAmt0230
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE FOUNDATION FURNISHES 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/ProgramServiceExpensesAmt05611
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt05611
IRS990EZ/TotalProgramServiceExpensesAmt05611
IRS990EZ/TotalRevenueAmt09768
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0DOUBLESTOPFOUNDATION.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt09768
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02186
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03017
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt012415
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt026854
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt054240
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt054240
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt09768
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02186
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03017
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt012415
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt026854
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt054240
IRS990ScheduleA/TotalSupportAmt054240
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 490 TRAVEL 1,433 INSURANCE 814 REPAIRS 60 BANK FEES 154 MEALS & ENTERTAINMENT 838 COMMUNICATION 1,592 TOTAL 5,381
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PREPAID EXPENSES AND DEFERRED CHARGES 0 1,000 TOTAL 0 1,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO 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/ExplanationTxt3THE FOUNDATION FURNISHES 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/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHELLE KIM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02015801305
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-04-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DOUBLESTOP FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0DOUB
ReturnHeader/Filer/EIN0274426618
ReturnHeader/Filer/PhoneNum02015801305
ReturnHeader/Filer/USAddress/AddressLine1Txt096 LINWOOD PLAZA ROOM 119
ReturnHeader/Filer/USAddress/CityNm0FORT LEE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007024
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId08305166E4BFC69EEA5A0F56F71AB31ECB8A120C0
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId00B0CF7BBF4DB34D383C32E142D694C44A4D47ECF
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt069.201.160.195
ReturnHeader/FilingSecurityInformation/IPDt02018-05-08
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm010:01:30
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0810604271
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SAMWOO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0120 W 31ST STREET 5TH FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010001
ReturnHeader/PreparerPersonGrp/PhoneNum02122685000
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JONG UK HONG
ReturnHeader/ReturnTs02018-05-08T11:01:30-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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