Civic Intelligence

Sound Business Group

EIN 37-2114764 • 501(c)6 • Norwalk, CT

Profile

BUSINESS NETWORKING

304 Main AvenueNorwalk, CT 06851
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

89th percentile

0.43x

Higher debt load relative to assets than 89% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

81st percentile

0.15x

Higher debt load relative to revenue than 81% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

43rd percentile

-2.5%

Higher net margin than 43% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

41st percentile

-6.8%

Faster asset growth than 41% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

21st percentile

-26%

Faster revenue growth than 21% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets89th percentile

Assets

Down

$3,007

Down $218 (-6.8%) from 2023

Liabilities

Up

$1,300

Up $100 (+8.3%) from 2023

Net Assets

Up

$1,807

Up $245 (+16%) from 2023

Operations
Liabilities / Revenue81st percentileNet Margin43rd percentile

Revenue

Down

$8,729

Down $3,022 (-26%) from 2023

Expenses

Down

$8,947

Down $1,049 (-10%) from 2023

Net Income

Down

-$218

Down $1,973 (-112%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth41st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0K$3.0K$2.0K$1.0K$0Assets 2023: $3,225Liabilities 2023: $1,200Net Assets 2023: $1,5622023Assets 2024: $3,007Liabilities 2024: $1,300Net Assets 2024: $1,8072024

Highlighted filing

2024

Assets$3,007
Liabilities$1,300
Net Assets$1,807
Open 2024 Filing

Operations Trend

Revenue Growth21st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15K$10K$5.0K$0-$5.0KRevenue 2023: $11,751Expenses 2023: $9,996Net Income 2023: $1,7552023Revenue 2024: $8,729Expenses 2024: $8,947Net Income 2024: -$2182024

Highlighted filing

2024

Revenue$8,729
Expenses$8,947
Net Income-$218
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,007
Liabilities
$1,300
Net assets
$1,807
Revenue
$8,729
Expenses
$8,947
Net income
-$218
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.01$1.30$1.81$8.73$8.95$0.22
2023Detailed filing. Detailed filing data is available for this year.$3.23$1.20$1.56$11.8$10.00$1.76
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 13, 2025
Return Version
2024v5.0
Gross Receipts
$8,729
Mission and Program Overview

Mission

BUSINESS NETWORKING

Program Services

DescriptionGrantsExpenses
OUR GROUP MAKES BUSINESS REFERRALS AMONG OUR MEMBERS--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RODNEY SMALLSPresident-$0--
PAUL HAFTERVice President-$0--
VAL ANGIONETreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Sound Business Group
EIN
37-2114764
Address
304 MAIN AVENUE, NORWALK, CT 06851

Signing Officer

Name
Michael Oleary
Title
Responsible Party
Phone
2034345626
Signed
2025-05-13

Preparer

Firm
By the Book Taxes
Address
71 EAST AVENUE SUITE Q, NORWALK, CT 06851
Preparer
Michael Oleary
Phone
2034345626
Raw XML Appendix81 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/PersonNm0VAL ANGIONE
IRS990EZ/BooksInCareOfDetail/PhoneNum02038547654
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt026 CHESTNUT HILL ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NORWALK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd006851
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03225
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt03007
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-218
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt03225
IRS990EZ/Form990TotalAssetsGrp/EOYAmt03007
IRS990EZ/GrossReceiptsAmt08729
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt08729
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt02025
IRS990EZ/NetAssetsOrFundBalancesEOYAmt01807
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt02025
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt01707
IRS990EZ/OccupancyRentUtltsAndMaintAmt08947
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt03
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt13
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt23
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RODNEY SMALLS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PAUL HAFTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2VAL ANGIONE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/PrimaryExemptPurposeTxt0BUSINESS NETWORKING
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0OUR GROUP MAKES BUSINESS REFERRALS AMONG OUR MEMBERS
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01200
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01300
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt08947
IRS990EZ/TotalRevenueAmt08729
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL OLEARY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0RESPONSIBLE PARTY
ReturnHeader/BusinessOfficerGrp/PhoneNum02034345626
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOUND BUSINESS GROUP
ReturnHeader/Filer/BusinessNameControlTxt0SOUN
ReturnHeader/Filer/EIN0372114764
ReturnHeader/Filer/USAddress/AddressLine1Txt0304 MAIN AVENUE
ReturnHeader/Filer/USAddress/CityNm0NORWALK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006851
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BY THE BOOK TAXES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt071 EAST AVENUE SUITE Q
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORWALK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006851
ReturnHeader/PreparerPersonGrp/PhoneNum02034345626
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL OLEARY
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-13T14:27:01-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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