Civic Intelligence

S Cool Sounds Inc.

990EZ • Fiscal year 2021 • EIN 35-2575478

Jul 01, 2020 to Jun 30, 2021 • Filed on Oct 11, 2021

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

53rd percentile

0.00x

Higher debt load relative to assets than 53% of similar nonprofits.

2021 filings • NTEE A20 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

52nd percentile

0.00x

Higher debt load relative to revenue than 52% of similar nonprofits.

2021 filings • NTEE A20 • <$500k nonprofits • Source year 2021

Net Margin

47th percentile

6.6%

Higher net margin than 47% of similar nonprofits.

2021 filings • NTEE A20 • <$500k nonprofits • Source year 2021

Top Officer Pay

94th percentile

$36,000

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 20.5% of source-year revenue.

2021 filings • NTEE A20 • <$500k nonprofits • Source year 2021

Asset Growth

62nd percentile

17%

Faster asset growth than 62% of similar nonprofits.

2021 filings • NTEE A20 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

62nd percentile

32%

Faster revenue growth than 62% of similar nonprofits.

2021 filings • NTEE A20 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$80,896

Up $11,534 (+17%) from 2020

Net Assets

Up

$80,649

Up $11,540 (+17%) from 2020

Liabilities

Down

$247

Down $6 (-2.4%) from 2020

Revenue

Up

$175,320

Up $42,693 (+32%) from 2020

Expenses

Up

$163,780

Up $38,151 (+30%) from 2020

Net Income

Up

$11,540

Up $4,542 (+65%) from 2020

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

2021

Assets$80,896
Liabilities$247
Net Assets$80,649

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

2021

Revenue$175,320
Expenses$163,780
Net Income$11,540
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Oct 11, 2021
Return Version
2020v4.1
Gross Receipts
$175,320
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 7,143 students in NYC public school classrooms and after school programs. 107,260 contact hours provided.$0$134,477
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$11,600
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Louise BrooksExecutive DirectorPT$36,000-$36,000
Nina SternDirectorPT$25,000-$25,000
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--
Krystal HawesBoard Member-$0--
Dave AdewumiBoard 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
2021-10-11
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 10

To purchase instruments for music students; Payments for instruments; Crossing Thresholds: 168A Irving Ave #300-K, Port Chester, NY, 10573; None, 3000.

Form 990EZ, Part I, Line 16

Disability & PFL Insurance 371.

Form 990EZ, Part I, Line 16

Dues and Subscriptions 300.

Form 990EZ, Part I, Line 16

Instrument purchase 3936.

Form 990EZ, Part I, Line 16

Insurance 3430.

Form 990EZ, Part I, Line 16

IT/Website 1092.

Form 990EZ, Part I, Line 16

Online Credit Card Processing 830.

Form 990EZ, Part I, Line 16

Other Business Expenses 353.

Form 990EZ, Part I, Line 16

Payroll processing 666.

Form 990EZ, Part I, Line 16

Payroll taxes 5354.

Form 990EZ, Part II, Line 26

Capital One Credit Card 253.

Raw XML Appendix215 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
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt069362
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IRS990EZ/CostOfGoodsSoldAmt00
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IRS990EZ/FeesAndOtherPymtToIndCntrctAmt083448
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
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IRS990EZ/GrossReceiptsForPublicUseAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt325000
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt836000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt80
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt100
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/PersonNm9Krystal Hawes
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10Dave Adewumi
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/TitleTxt8Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10Board Member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt016332
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/ProgramServiceRevenueAmt080959
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0NYC K-12 Music Training: Sequential music trainingprovided to 7,143 students in NYC public school classrooms and after school programs. 107,260 contact hours provided.
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/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0134477
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt111600
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt061000
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0253
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0247
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0163780
IRS990EZ/TotalProgramServiceExpensesAmt0146077
IRS990EZ/TotalRevenueAmt0175320
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0ScoolSounds.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt094361
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt096886
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0120685
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0112467
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt05525
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0429924
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.96650
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.96000
IRS990ScheduleA/PublicSupportTotal170Amt0415518
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt014406
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt094361
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt096886
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0120685
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0112467
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt05525
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0429924
IRS990ScheduleA/TotalSupportAmt0429924
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0To purchase instruments for music students; Payments for instruments; Crossing Thresholds: 168A Irving Ave #300-K, Port Chester, NY, 10573; None, 3000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Disability & PFL Insurance 371.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Dues and Subscriptions 300.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Instrument purchase 3936.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance 3430.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5IT/Website 1092.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Online Credit Card Processing 830.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Other Business Expenses 353.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Payroll processing 666.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Payroll taxes 5354.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Capital One Credit Card 253.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
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 II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Richard Pace
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum09173623071
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-11
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/ReturnTs02021-11-06T06:49:38-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Richard
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Pace
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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