Civic Intelligence

Sound Off

990 • Fiscal year 2020 • EIN 46-4875047

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 29, 2021

4040 BroadwaySan Antonio, TX 78209

(800) 227-4460

Siviq Scores

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

Liabilities / Assets

76th percentile

0.11x

Higher debt load relative to assets than 76% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

81st percentile

0.15x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

24th percentile

-16%

Higher net margin than 24% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

99th percentile

$120,984

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 39.2% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

41st percentile

-0.2%

Faster asset growth than 41% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

24th percentile

-47%

Faster revenue growth than 24% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$415,703

Down $721 (-0.2%) from 2019

Net Assets

Down

$368,412

Down $47,872 (-11%) from 2019

Liabilities

Up

$47,291

Up $47,151 (+33679%) from 2019

Revenue

Down

$308,299

Down $271,910 (-47%) from 2019

Expenses

Down

$356,171

Down $10,655 (-2.9%) from 2019

Net Income

Down

-$47,872

Down $261,255 (-122%) from 2019

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2017: $125,251Liabilities 2017: $21,881Net Assets 2017: $103,3702017Assets 2018: $221,258Liabilities 2018: $18,357Net Assets 2018: $202,9012018Assets 2019: $416,424Liabilities 2019: $140Net Assets 2019: $416,2842019Assets 2020: $415,703Liabilities 2020: $47,291Net Assets 2020: $368,4122020Assets 2021: $756,167Liabilities 2021: $44,375Net Assets 2021: $711,7922021Assets 2022: $1,044,288Liabilities 2022: $24,074Net Assets 2022: $1,020,2142022Assets 2023: $947,445Liabilities 2023: $190,231Net Assets 2023: $757,2142023Assets 2024: $1,964,719Liabilities 2024: $281,062Net Assets 2024: $1,683,6572024

Highlighted filing

2020

Assets$415,703
Liabilities$47,291
Net Assets$368,412

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2017: $159,178Expenses 2017: $29,548Net Income 2017: $129,6302017Revenue 2018: $284,473Expenses 2018: $184,942Net Income 2018: $99,5312018Revenue 2019: $580,209Expenses 2019: $366,826Net Income 2019: $213,3832019Revenue 2020: $308,299Expenses 2020: $356,171Net Income 2020: -$47,8722020Revenue 2021: $681,518Expenses 2021: $342,137Net Income 2021: $339,3812021Revenue 2022: $1,088,349Expenses 2022: $779,927Net Income 2022: $308,4222022Revenue 2023: $755,315Expenses 2023: $1,018,315Net Income 2023: -$263,0002023Revenue 2024: $2,124,287Expenses 2024: $1,211,731Net Income 2024: $912,5562024

Highlighted filing

2020

Revenue$308,299
Expenses$356,171
Net Income-$47,872
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 29, 2021
Return Version
2020v4.0
Gross Receipts
$331,090
Mission and Program Overview

Mission

Sound Off's mission is to provide mental health support to Veterans and Service Members in such a way that the 47%+ of those suffering who otherwise refuse to seek help feel culturally, bureaucratically and psychologically comfortable doing so. We acknowledge and precisely address the well known barriers to entry (which prevent these men and women from seeking help) by changing several elements of the traditional delivery of support, thereby bringing a significant population of previously unserved Veterans and Service Members into help.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$308,842$226,531▼ $82,311
Intangible Assets$102,980$186,381▲ $83,401
Land, Buildings, and Equipment, Net$4,540$2,343▼ $2,197
Prepaid Expenses and Deferred Charges-$448-
Other Notes and Loans Receivable, Net$62--
Total Assets$416,424$415,703▼ $721
Liabilities
Unsecured Notes Loans Payable$140$32,137▲ $31,997
Accounts Payable and Accrued Expenses-$14,086-
Other Liabilities-$1,068-
Total Liabilities$140$47,291▲ $47,151
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$416,284$368,412▼ $47,872
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$416,284$368,412▼ $47,872
Total Liabilities and Net Assets / Fund Balance$416,424$415,703▼ $721

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Equipment$2,343$4,250$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
William Waters NegleyCEOFT$120,984$120,984

Board Members and Trustees

NameTitle
James PatrickChair
Alice FoultzDirector
Paul JanesDirector
Susan LillyDirector
Richard David TilleySecretary
Ashwin RajaramTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$331,090
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-22,791
All Other Contributions
$192,858
Change in Net Assets
$-47,872
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$191,668
Salaries, Compensation, and Employee Benefits$164,503
Total Fundraising Expense$37,687
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$90,738$30,246$0$120,984
Fees for Services Other$15,709$43,765$10,623$70,097
Depreciation Depletion$37,107$1,209$406$38,722
Information Technology$9,573$10,916$5,355$25,844
Other Salaries and Wages$10,122-$11,442$21,564
Insurance$7,264$4,793$2,655$14,712
Occupancy$7,792$3,893$1,752$13,437
Payroll Taxes$8,156$2,581$1,118$11,855
Travel$8,978--$8,978
Other Expenses$5,306$616$2,975$8,897
Pension Plan Contributions$5,178$1,494$293$6,965
Fees for Services Accounting-$6,159-$6,159
Advertising$2,700-$897$3,597
Other Employee Benefits$2,332$744$59$3,135
Office Expenses-$699-$699
Total Functional Expenses$210,955$107,529$37,687$356,171
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$22,791
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Veteran's Day$138,232$0$22,791$-22,791
Total Events$138,232$0$22,791$-22,791
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes$1,068
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Paul Janes is William Negley's father-in-law. He has declared a conflict of interest and hence removes himself from discussions pertaining to hiring, performance review, and compensation matters.

Form 990, Part VI, Section B, Line 11B

The 990 will be distributed to the Board for review.

Form 990, Part VI, Section B, Line 12C

Conflicts of interest are required to be disclosed and are reviewed annually.

Form 990, Part VI, Section B, Line 15

These items are reviewed by the board annually.

Form 990, Part VI, Section C, Line 19

Sound Off's governing documents, conflict of interest policy, and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Sound Off
EIN
46-4875047
Phone
8002274460
Address
4040 Broadway, San Antonio, TX 78209

Signing Officer

Name
William Waters Negley
Title
CEO
Phone
2108277750
Signed
2021-10-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Waters Negley
Formed
2015
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
2
Volunteers
100

Preparer

Firm
The Charity CFO LLC
Address
5501 Delmar Blvd Suite A430, Saint Louis, MO 63112
Preparer
Timothy Hudson
Phone
3143901301
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

General Contractors and Intern costs.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0Between 19% and 44% of Veterans returning from Iraq and Afghanistan meet criteria for mental health disorders, such as PTSD or depression. Yet, 47% do not seek mental health support due to stigma, lack of trust, bureaucracy, and geographical challenges. Sound Off is revolutionizing the way Veterans seek and receive mental health care utilizing technology to reduce the barriers that prevent Veterans from accessing the mental health care they need. We received $21,600 in in-kind services.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Technological support for the app that is utilized to ensure that Sound Off can continue to break down the barriers that prevent Veterans from seeking and receiving the mental health care they need.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0103023
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0599795
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0181324
IRS990/PYOtherRevenueAmt0-19586
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0213383
IRS990/PYSalariesCompEmpBnftPaidAmt0185502
IRS990/PYTotalExpensesAmt0366826
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0580209
IRS990/ReconcilationRevenueExpnssAmt0-47872
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0331090
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0599795
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt060073
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt016678
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02957
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01010593
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.86406
IRS990ScheduleA/PublicSupportPY170Pct00.90705
IRS990ScheduleA/PublicSupportTotal170Amt0873208
IRS990ScheduleA/SubstantialContributorsTotAmt0137385
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0331090
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0599795
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt060073
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt016678
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02957
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01010593
IRS990ScheduleA/TotalSupportAmt01010593
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt02343
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04250
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt06593
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01068
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Payroll Taxes
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02343
IRS990ScheduleD/TotalLiabilityAmt01068
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0138232
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0138232
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt022791
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentOtherEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Veteran's Day
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0138232
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0138232
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-22791
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt022791
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt022791
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Paul Janes is William Negley's father-in-law. He has declared a conflict of interest and hence removes himself from discussions pertaining to hiring, performance review, and compensation matters.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The 990 will be distributed to the Board for review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Conflicts of interest are required to be disclosed and are reviewed annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3These items are reviewed by the board annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Sound Off's governing documents, conflict of interest policy, and financial statements are made available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5General Contractors and Intern costs.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 11g
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TX
IRS990/SubjectToExcsTaxNetInvstIncInd00

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