Civic Intelligence

S Cool Sounds Inc.

990EZ • Fiscal year 2020 • EIN 35-2575478

Jul 01, 2019 to Jun 30, 2020 • Filed on Oct 28, 2020

111 2nd PlaceBrooklyn, NY 11231

(917) 362-3071

Siviq Scores

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

Liabilities / Assets

50th percentile

0.00x

Higher debt load relative to assets than 50% of similar nonprofits.

2020 filings • NTEE A20 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

48th percentile

0.00x

Higher debt load relative to revenue than 48% of similar nonprofits.

2020 filings • NTEE A20 • <$500k nonprofits • Source year 2020

Net Margin

46th percentile

5.3%

Higher net margin than 46% of similar nonprofits.

2020 filings • NTEE A20 • <$500k nonprofits • Source year 2020

Top Officer Pay

89th percentile

$28,035

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 21.1% of source-year revenue.

2020 filings • NTEE A20 • <$500k nonprofits • Source year 2020

Asset Growth

50th percentile

9.9%

Faster asset growth than 50% of similar nonprofits.

2020 filings • NTEE A20 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

75th percentile

9.9%

Faster revenue growth than 75% of similar nonprofits.

2020 filings • NTEE A20 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$69,362

Up $6,230 (+9.9%) from 2019

Net Assets

Up

$69,109

Up $6,998 (+11%) from 2019

Liabilities

Down

$253

Down $768 (-75%) from 2019

Revenue

Up

$132,627

Up $11,942 (+9.9%) from 2019

Expenses

Up

$125,629

Up $20,182 (+19%) from 2019

Net Income

Down

$6,998

Down $8,240 (-54%) from 2019

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2019: $63,132Liabilities 2019: $1,021Net Assets 2019: $62,1112019Assets 2020: $69,362Liabilities 2020: $253Net Assets 2020: $69,1092020Assets 2021: $80,896Liabilities 2021: $247Net Assets 2021: $80,6492021Assets 2022: $135,390Liabilities 2022: $2,106Net Assets 2022: $133,2842022Assets 2023: $150,072Liabilities 2023: $439Net Assets 2023: $149,6332023Assets 2024: $137,295Liabilities 2024: $1,810Net Assets 2024: $135,4852024Assets 2025: $170,636Liabilities 2025: $7,320Net Assets 2025: $163,3162025

Highlighted filing

2020

Assets$69,362
Liabilities$253
Net Assets$69,109

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2019: $120,685Expenses 2019: $105,447Net Income 2019: $15,2382019Revenue 2020: $132,627Expenses 2020: $125,629Net Income 2020: $6,9982020Revenue 2021: $175,320Expenses 2021: $163,780Net Income 2021: $11,5402021Revenue 2022: $421,282Expenses 2022: $368,647Net Income 2022: $52,6352022Revenue 2023: $539,595Expenses 2023: $523,246Net Income 2023: $16,3492023Revenue 2024: $447,788Expenses 2024: $461,936Net Income 2024: -$14,1482024Revenue 2025: $574,873Expenses 2025: $547,042Net Income 2025: $27,8312025

Highlighted filing

2020

Revenue$132,627
Expenses$125,629
Net Income$6,998
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Oct 28, 2020
Return Version
2019v5.1
Gross Receipts
$132,627
Mission and Program Overview

Mission

The corporation's primary exempt purpose is to provide musical training for children from economically disadvantaged neighborhoods and to promote the appreciation of music.

Program Services

DescriptionGrantsExpenses
NYC K-12 Music Training: Sequential music trainingprovided to 904 students in NYC public school classrooms and after school programs. 13,025 contact hours provided & 10 performances$0$84,712
Community music training (Adults);Sequential music trainingprovided to 150 homeless and formerly homeless New Yorkers.600 contact hours provided, including 6 performances$0$11,511
International K-12 music training; Sequential music trainingprovided to 250 students in Nairobi, Kenya, including 8 performances. Ongoing professional development and training for onsite teachers$0$9,392
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Louise BrooksDeputy DirectorPT$28,035-$28,035
Nina SternDirectorPT$23,030-$23,030
Richard PacePresident-$0--
Sara StuartVice President-$0--
Peter FaberSecretary-$0--
Alison PaviaBoard Member-$0--
Richard DubitskyTreasurer-$0--
Justin NeuwirtBoard Member-$0--
Tony ElitcherBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
S'Cool SoundsInc
EIN
35-2575478
Phone
9173623071
Address
111 2nd Place, Brooklyn, NY 11231

Signing Officer

Name
Richard Pace
Title
President
Phone
9173623071
Signed
2020-10-28
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 8

rounding 1.

Form 990EZ, Part I, Line 10

Food, lodging, transportation & participation fees for music students; Payments for travel; Crossing Thresholds: 168A Irving Ave #300K, Port Chester, NY, 10573; None, 2000.

Form 990EZ, Part I, Line 16

Communications 5395.

Form 990EZ, Part I, Line 16

Event Production 4194.

Form 990EZ, Part I, Line 16

Instrument purchase 1771.

Form 990EZ, Part I, Line 16

Insurance 3165.

Form 990EZ, Part I, Line 16

IT/Website 762.

Form 990EZ, Part I, Line 16

Misc 118.

Form 990EZ, Part I, Line 16

Online Credit Card Processing 589.

Form 990EZ, Part I, Line 16

Payroll processing 707.

Form 990EZ, Part I, Line 16

Payroll taxes 4752.

Form 990EZ, Part I, Line 16

Printing and reproduction 212.

Form 990EZ, Part I, Line 16

Professional fees 1250.

Form 990EZ, Part I, Line 16

Teaching artist travel 1600.

Form 990EZ, Part I, Line 16

Travel 3912.

Form 990EZ, Part I, Line 16

Postage 34.

Form 990EZ, Part II, Line 26

Capital One Credit Card 1021. 253.

Raw XML Appendix218 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0Nina Stern
IRS990EZ/BooksInCareOfDetail/PhoneNum09173623071
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0111 2nd Place
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Brooklyn
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011231
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IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/GrossReceiptsForPublicUseAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt828035
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Richard Pace
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Sara Stuart
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Peter Faber
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Nina Stern
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Alison Pavia
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Richard Dubitsky
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Justin Neuwirt
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Tony Elitcher
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Louise Brooks
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Deputy Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt028461
IRS990EZ/OtherRevenueTotalAmt01
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The corporation's primary exempt purpose is to provide musical training for children from economically disadvantaged neighborhoods and to promote the appreciation of music.
IRS990EZ/ProgramServiceRevenueAmt035740
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0NYC K-12 Music Training: Sequential music trainingprovided to 904 students in NYC public school classrooms and after school programs. 13,025 contact hours provided & 10 performances
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1International K-12 music training; Sequential music trainingprovided to 250 students in Nairobi, Kenya, including 8 performances. Ongoing professional development and training for onsite teachers
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Community music training (Adults);Sequential music trainingprovided to 150 homeless and formerly homeless New Yorkers.600 contact hours provided, including 6 performances
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt084712
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt19392
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt211511
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt051065
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01021
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0253
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0125629
IRS990EZ/TotalProgramServiceExpensesAmt0105615
IRS990EZ/TotalRevenueAmt0132627
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0ScoolSounds.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt096886
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0120685
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0112467
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt05525
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0335563
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0335563
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt096886
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0120685
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0112467
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt05525
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0335563
IRS990ScheduleA/TotalSupportAmt0335563
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0rounding 1.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Food, lodging, transportation & participation fees for music students; Payments for travel; Crossing Thresholds: 168A Irving Ave #300K, Port Chester, NY, 10573; None, 2000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Communications 5395.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Event Production 4194.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Instrument purchase 1771.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Insurance 3165.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6IT/Website 762.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Misc 118.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Online Credit Card Processing 589.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Payroll processing 707.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Payroll taxes 4752.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Printing and reproduction 212.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Professional fees 1250.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Teaching artist travel 1600.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Travel 3912.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Postage 34.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Capital One Credit Card 1021. 253.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Richard Pace
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum09173623071
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-10-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0S'Cool SoundsInc
ReturnHeader/Filer/BusinessNameControlTxt0SCOO
ReturnHeader/Filer/EIN0352575478
ReturnHeader/Filer/PhoneNum09173623071
ReturnHeader/Filer/USAddress/AddressLine1Txt0111 2nd Place
ReturnHeader/Filer/USAddress/CityNm0Brooklyn
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011231
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0B46891B1F22F00FE5FFBFF98C83A650555CA00D6
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0B46891B1F22F00FE5FFBFF98C83A650555CA00D6
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0173.56.64.216
ReturnHeader/FilingSecurityInformation/IPDt02020-10-30
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm007:22:57
ReturnHeader/ReturnTs02020-10-30T07:23:04-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

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