Civic Intelligence

Bluegrass Ambassadors

990EZ • Fiscal year 2014 • EIN 46-3959252

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 15, 2015

976 Tylerton CircleGrayslake, IL 60030

(847) 924-5298

Siviq Scores

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

Liabilities / Assets

61st percentile

0.01x

Higher debt load relative to assets than 61% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

62nd percentile

0.01x

Higher debt load relative to revenue than 62% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

89th percentile

41%

Higher net margin than 89% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

86th percentile

59%

Faster asset growth than 86% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

82nd percentile

40%

Faster revenue growth than 82% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$40,735

Up $15,135 (+59%) from 2013

Net Assets

$40,402

No earlier filing loaded for comparison.

Liabilities

Up

$333

Up $333 from 2013

Revenue

Up

$35,750

Up $10,150 (+40%) from 2013

Expenses

Up

$20,948

Up $20,948 from 2013

Net Income

Down

$14,802

Down $10,798 (-42%) from 2013

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2013: $25,600Liabilities 2013: $02013Assets 2014: $40,735Liabilities 2014: $333Net Assets 2014: $40,4022014

Highlighted filing

2014

Assets$40,735
Liabilities$333
Net Assets$40,402

Operations Trend

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

$40K$30K$20K$10K$0Revenue 2013: $25,600Expenses 2013: $0Net Income 2013: $25,6002013Revenue 2014: $35,750Expenses 2014: $20,948Net Income 2014: $14,8022014

Highlighted filing

2014

Revenue$35,750
Expenses$20,948
Net Income$14,802
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 15, 2015
Return Version
2014v5.0
Gross Receipts
$35,750
Mission and Program Overview

Mission

Silver Sound Foundation organized and operated exclusively for charitable purposes in accordance with §501(c)(3) of the Internal Revenue Code of 1986 (or the corresponding provision of any future United States Internal Revenue law and referred to below as the "Code"). More specifically, the corporation is organized to provide eleemosynary financial assistance and other beneficial services to low-income individuals and entities suffering from the effects of natural disasters, illness, injury or other sources of financial distress, and to provide educational programming in the creative arts by organizing performances, workshops, seminars, classes and other programming. The corporation will not operate a school or similar institution regulated by the Illinois State Board of Education.

Program Services

DescriptionGrantsExpenses
In connection with the U.S. State Department, Silver Sound Foundation secured financing for a diplomatic and educational music program in Russia's Ural Mountains region, to be designated to the Henhouse Prowlers bluegrass band in 2015.$35,000$0
Silver Sound Foundation sent the Henhouse Prowlers bluegrass band to perform for a fundraising event for Chicago's Old Town School of Folk Music, a 501(c)(3) organization and music education facility.$750$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Vanessa RobinsonDirector And President-$0--
Benjamin WrightDirector And Vice President-$0--
Jonathan GoldfineDirector And Secretary-$0--
Ryan HinshawTreasurer-$0--
Starr MossDirector-$0--
Daniel AndreeDirector-$0--
Filing and Contact Details

Filer

Filer Name
Silver Sound Foundation
EIN
46-3959252
Phone
8479245298
Address
976 Tylerton Circle, Grayslake, IL 60030

Signing Officer

Name
Ryan Hinshaw
Title
Treasurer
Phone
8479245298
Signed
2015-08-15
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Description;Amount^Filing Fee IRS Form 1023;850|Filing Fee IL Charity Bureau Fund;15|Filing Fee IL Charity Bureau Fund;215^Total;1080^

Form 990-EZ, Part II, Line 26

Description;EOY Amount^Travel Expense Reimbursement for Prowlers Music Inc AMA Africa 2013;333^Total;333^

Raw XML Appendix188 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/AddressChangeInd0X
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Ryan Hinshaw
IRS990EZ/BooksInCareOfDetail/PhoneNum08479245298
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0976 Tylerton Circle
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Grayslake
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060030
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt025600
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt040735
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt035000
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt014802
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02370
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt025600
IRS990EZ/Form990TotalAssetsGrp/EOYAmt040735
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt035750
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt025600
IRS990EZ/NetAssetsOrFundBalancesEOYAmt040402
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt025600
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt040402
IRS990EZ/OccupancyRentUtltsAndMaintAmt085
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt03
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt33
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Vanessa Robinson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Benjamin Wright
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Jonathan Goldfine
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Ryan Hinshaw
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Starr Moss
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Daniel Andree
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director and President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director and Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director and Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt01080
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Silver Sound Foundation organized and operated exclusively for charitable purposes in accordance with §501(c)(3) of the Internal Revenue Code of 1986 (or the corresponding provision of any future United States Internal Revenue law and referred to below as the "Code"). More specifically, the corporation is organized to provide eleemosynary financial assistance and other beneficial services to low-income individuals and entities suffering from the effects of natural disasters, illness, injury or other sources of financial distress, and to provide educational programming in the creative arts by organizing performances, workshops, seminars, classes and other programming. The corporation will not operate a school or similar institution regulated by the Illinois State Board of Education.
IRS990EZ/PrintingPublicationsPostageAmt05
IRS990EZ/ProgramServiceRevenueAmt0750
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0In connection with the U.S. State Department, Silver Sound Foundation secured financing for a diplomatic and educational music program in Russia's Ural Mountains region, to be designated to the Henhouse Prowlers bluegrass band in 2015.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Silver Sound Foundation sent the Henhouse Prowlers bluegrass band to perform for a fundraising event for Chicago's Old Town School of Folk Music, a 501(c)(3) organization and music education facility.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt035000
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt1750
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt017408
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0333
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt020948
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt035750
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt035750
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt025600
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt061350
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt061350
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt035750
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt025600
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt061350
IRS990ScheduleA/TotalSupportAmt061350
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^Filing Fee IRS Form 1023;850|Filing Fee IL Charity Bureau Fund;15|Filing Fee IL Charity Bureau Fund;215^Total;1080^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;EOY Amount^Travel Expense Reimbursement for Prowlers Music Inc AMA Africa 2013;333^Total;333^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 26
ReasonableCauseExplanation/ExplanationTxt0The officer responsible for filing the return experienced an unavoidable absence due to the birth of a new child on March 24, 2015, lasting several weeks thereafter for medical reasons. Concurrently, a majority of the other officers and directors of the organization were traveling abroad in Russia, Africa, and Europe from April 7, 2015 until July 6, 2015 providing educational programming as part of the organization's mission in connection with the U.S. State Department. Communication among directors and officers necessary for completing the return was not possible during this time.
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Ryan Hinshaw
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum08479245298
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-08-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Silver Sound Foundation
ReturnHeader/Filer/BusinessNameControlTxt0SILV
ReturnHeader/Filer/EIN0463959252
ReturnHeader/Filer/PhoneNum08479245298
ReturnHeader/Filer/USAddress/AddressLine1Txt0976 Tylerton Circle
ReturnHeader/Filer/USAddress/CityNm0Grayslake
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060030
ReturnHeader/ReturnTs02015-08-15T15:31:22-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings