Civic Intelligence

Strings Inc.

990EZ • Fiscal year 2024 • EIN 35-1775069

Jul 01, 2023 to Jun 30, 2024 • Filed on Aug 20, 2024

412 E 21st StreetFerdinand, IN 47532

(812) 367-2158

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 2024

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2024

Net Margin

57th percentile

7.1%

Higher net margin than 57% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$600

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

65th percentile

12%

Faster asset growth than 65% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

38th percentile

-6.2%

Faster revenue growth than 38% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$51,169

Up $5,351 (+12%) from 2023

Net Assets

Up

$51,169

Up $5,351 (+12%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$74,895

Down $4,972 (-6.2%) from 2023

Expenses

Up

$69,544

Up $202 (+0.3%) from 2023

Net Income

Down

$5,351

Down $5,174 (-49%) from 2023

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2012: $4,562Net Assets 2012: $4,5622012Assets 2013: $6,553Net Assets 2013: $6,5532013Assets 2014: $8,018Net Assets 2014: $8,0182014Assets 2015: $10,116Net Assets 2015: $10,1162015Assets 2016: $11,338Net Assets 2016: $11,3382016Assets 2021: $23,851Net Assets 2021: $23,8512021Assets 2022: $35,293Net Assets 2022: $35,2932022Assets 2023: $45,818Net Assets 2023: $45,8182023Assets 2024: $51,169Net Assets 2024: $51,1692024Assets 2025: $56,109Net Assets 2025: $56,1092025

Highlighted filing

2024

Assets$51,169
Liabilities-
Net Assets$51,169

Operations Trend

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

$100K$50K$0-$50KRevenue 2012: $53,643Expenses 2012: $55,251Net Income 2012: -$1,6082012Revenue 2013: $56,617Expenses 2013: $54,626Net Income 2013: $1,9912013Revenue 2014: $50,060Expenses 2014: $48,595Net Income 2014: $1,4652014Revenue 2015: $40,556Expenses 2015: $38,458Net Income 2015: $2,0982015Revenue 2016: $33,136Expenses 2016: $31,914Net Income 2016: $1,2222016Revenue 2021: $55,555Expenses 2021: $50,039Net Income 2021: $5,5162021Revenue 2022: $81,361Expenses 2022: $69,919Net Income 2022: $11,4422022Revenue 2023: $79,867Expenses 2023: $69,342Net Income 2023: $10,5252023Revenue 2024: $74,895Expenses 2024: $69,544Net Income 2024: $5,3512024Revenue 2025: $76,686Expenses 2025: $71,745Net Income 2025: $4,9412025

Highlighted filing

2024

Revenue$74,895
Expenses$69,544
Net Income$5,351
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Aug 20, 2024
Return Version
2023v5.0
Gross Receipts
$74,895
Mission and Program Overview

Mission

To give citizens music lessons, primarily violin lessons

Program Services

DescriptionGrantsExpenses
TO PROVIDE STRING INSTRUMENT INSTRUCTION IN THE ADVANCEMENT OF THE ARTS TO OVER 75 STUDENTS IN SOUTHERN INDIANA-$69,544
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHELLE EMMERTTreasurer-$600-$600
DAVID MCGIMPSEYPresident-$0--
LINDA KAISERV-President-$0--
JULIE HEITZ-CASSIDYSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Strings Inc
EIN
35-1775069
Phone
8123672158
Address
412 E 21ST STREET, FERDINAND, IN 47532

Signing Officer

Name
Michelle Emmert
Title
Treasurer
Phone
8123672158
Signed
2024-08-20
Discuss with paid preparer
Yes

Preparer

Firm
Hedinger CPA Group LLC
Address
112 W 5TH ST, JASPER, IN 47546-3104
Preparer
Jordan Hedinger CPA
Phone
8124824363
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Equipment rental 5,130 total 5,130

Form 990-ez, Part I, Line 16

Expenses 720 550 advertising 95 supplies 1,677 safe deposit rental fees 12 continuing education 535 gifts 232 demonstrations 960 donations 13,480 total 18,261

Form 990-ez, Part II, Line 24

Violin 0 750 less accumulated depreciation 0 750 violin 0 100 less accumulated depreciation 0 100 total 0 0

Raw XML Appendix125 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/PersonNm0MICHELLE EMMERT
IRS990EZ/BooksInCareOfDetail/PhoneNum08123672158
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0412 E 21ST ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FERDINAND
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd047532
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt045818
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt051169
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt034257
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt05351
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt042232
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt045818
IRS990EZ/Form990TotalAssetsGrp/EOYAmt051169
IRS990EZ/GrossReceiptsAmt074895
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt045818
IRS990EZ/NetAssetsOrFundBalancesEOYAmt051169
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt045818
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt051169
IRS990EZ/OccupancyRentUtltsAndMaintAmt03015
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt3600
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAVID MCGIMPSEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LINDA KAISER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JULIE HEITZ-CASSIDY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MICHELLE EMMERT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1V-PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt018261
IRS990EZ/OtherRevenueTotalAmt05130
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO GIVE CITIZENS MUSIC LESSONS, PRIMARILY VIOLIN LESSONS
IRS990EZ/PrintingPublicationsPostageAmt0193
IRS990EZ/ProgramServiceRevenueAmt035508
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE STRING INSTRUMENT INSTRUCTION IN THE ADVANCEMENT OF THE ARTS TO OVER 75 STUDENTS IN SOUTHERN INDIANA
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt069544
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt05843
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt069544
IRS990EZ/TotalProgramServiceExpensesAmt069544
IRS990EZ/TotalRevenueAmt074895
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt034257
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt034257
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt040638
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt040638
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt074895
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt074895
IRS990ScheduleA/Total509Grp/TotalAmt074895
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt074895
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt074895
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EQUIPMENT RENTAL 5,130 TOTAL 5,130
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES 720 550 ADVERTISING 95 SUPPLIES 1,677 SAFE DEPOSIT RENTAL FEES 12 CONTINUING EDUCATION 535 GIFTS 232 DEMONSTRATIONS 960 DONATIONS 13,480 TOTAL 18,261
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2VIOLIN 0 750 LESS ACCUMULATED DEPRECIATION 0 750 VIOLIN 0 100 LESS ACCUMULATED DEPRECIATION 0 100 TOTAL 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHELLE EMMERT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08123672158
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-08-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STRINGS INC
ReturnHeader/Filer/BusinessNameControlTxt0STRI
ReturnHeader/Filer/EIN0351775069
ReturnHeader/Filer/PhoneNum08123672158
ReturnHeader/Filer/USAddress/AddressLine1Txt0412 E 21ST STREET
ReturnHeader/Filer/USAddress/CityNm0FERDINAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd047532
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0274269931
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HEDINGER CPA GROUP LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0112 W 5TH ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0JASPER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0475463104
ReturnHeader/PreparerPersonGrp/PhoneNum08124824363
ReturnHeader/PreparerPersonGrp/PreparationDt02024-08-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JORDAN HEDINGER CPA
ReturnHeader/ReturnTs02024-08-20T16:30:34-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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