Civic Intelligence

Lee Ritenours Six String Theory Competition

990 • Fiscal year 2020 • EIN 47-1921669

Sep 01, 2019 to Aug 31, 2020 • Filed on Oct 01, 2020

Organization ProfileWWW.SIXSTRINGTHEORY.COM
11812 San Vicente Blvd No 200Los Angeles, CA 90049

(310) 826-0909

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

Asset Growth

11th percentile

-41%

Faster asset growth than 11% of similar nonprofits.

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

Revenue Growth

2nd percentile

-100%

Faster revenue growth than 2% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$4,776

Down $3,260 (-41%) from 2019

Net Assets

Down

$4,776

Down $3,260 (-41%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $23,000 (-100%) from 2019

Expenses

Down

$3,260

Down $31,445 (-91%) from 2019

Net Income

Up

-$3,260

Up $8,445 (+72%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

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

$20K$15K$10K$5.0K$0Assets 2015: $5,000Net Assets 2015: $5,0002015Assets 2016: $2,857Liabilities 2016: $0Net Assets 2016: $2,8572016Assets 2018: $19,741Liabilities 2018: $0Net Assets 2018: $19,7412018Assets 2019: $8,036Liabilities 2019: $0Net Assets 2019: $8,0362019Assets 2020: $4,776Liabilities 2020: $0Net Assets 2020: $4,7762020Assets 2021: $7,974Liabilities 2021: $0Net Assets 2021: $7,9742021Assets 2022: $7,588Liabilities 2022: $0Net Assets 2022: $7,5882022Assets 2023: $6,126Liabilities 2023: $0Net Assets 2023: $6,1262023Assets 2024: $4,425Liabilities 2024: $0Net Assets 2024: $4,4252024

Highlighted filing

2020

Assets$4,776
Liabilities$0
Net Assets$4,776
Open 2020 Filing

Operations Trend

Revenue Growth2nd percentile

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

$100K$50K$0-$50KRevenue 2015: $5,0002015Revenue 2016: $44,243Expenses 2016: $46,386Net Income 2016: -$2,1432016Revenue 2018: $77,052Expenses 2018: $61,066Net Income 2018: $15,9862018Revenue 2019: $23,000Expenses 2019: $34,705Net Income 2019: -$11,7052019Revenue 2020: $0Expenses 2020: $3,260Net Income 2020: -$3,2602020Revenue 2021: $10,000Expenses 2021: $6,802Net Income 2021: $3,1982021Revenue 2022: $3,050Expenses 2022: $3,436Net Income 2022: -$3862022Revenue 2023: $0Expenses 2023: $1,463Net Income 2023: -$1,4632023Revenue 2024: $0Expenses 2024: $1,701Net Income 2024: -$1,7012024

Highlighted filing

2020

Revenue$0
Expenses$3,260
Net Income-$3,260
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Oct 1, 2020
Return Version
2019v5.1
Gross Receipts
$0
Mission and Program Overview

Mission

To support aspiring musicians in moving towards a professional music career through education, professional mentoring, recording and performance opportunities, and music related prizes.this is done by conducting a biennial (occuring every two years) music competition know as six string theory competition.

To support aspiring musicians in moving towards a professional music career through education, professional mentoring, recording and performance opportunities, and music related prizes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$8,036$4,776▼ $3,260
Rtn Earn Endowment Incm Other Fnds$8,036$4,776▼ $3,260
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$8,036$4,776▼ $3,260
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$8,036$4,776▼ $3,260
Total Liabilities and Net Assets / Fund Balance$8,036$4,776▼ $3,260
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Lee M RitenourPresident
Dave GrusinDirector
Mark WexlerDirector
Michael LizarragaDirector
Carmen S RitenourCFO
Wesley S RitenourSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-3,260
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,260
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$1,850-$1,850
Advertising-$40-$40
Other Expenses-$-10-$-10
Total Functional Expenses$0$3,260$0$3,260
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

“Certain officers of the non-profit are married.”

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

“Appropriate personnel review the tax return.”

Form 990, Part VI, Section C, Line 19

“Appropriate personnel review the tax return.”

Filing and Contact Details

Filer

Filer Name
Lee Ritenours Six String Theory
EIN
47-1921669
Phone
3108260909
Address
11812 SAN VICENTE BLVD NO 200, LOS ANGELES, CA 90049

Signing Officer

Name
Lee M Ritenour
Title
President
Phone
3104226551
Signed
2020-10-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lee M Ritenour
Formed
2014
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Gordon Fishburn & Major Llp
Address
11812 SAN VICENTE BLVD SUITE 200, LOS ANGELES, CA 90049
Preparer
Matthew Fishburn
Phone
3108260909
Raw XML Appendix298 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.

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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,776
Liabilities
$0
Net assets
$4,776
Revenue
$0
Expenses
$3,260
Net income
-$3,260
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.43$0.00$4.43$0.00$1.70$1.70
2023Detailed filing. Detailed filing data is available for this year.$6.13$0.00$6.13$0.00$1.46$1.46
2022Detailed filing. Detailed filing data is available for this year.$7.59$0.00$7.59$3.05$3.44$0.39
2021Detailed filing. Detailed filing data is available for this year.$7.97$0.00$7.97$10.0$6.80$3.20
2020Detailed filing. Detailed filing data is available for this year.$4.78$0.00$4.78$0.00$3.26$3.26
2019Detailed filing. Detailed filing data is available for this year.$8.04$0.00$8.04$23.0$34.7$11.7
2018Detailed filing. Detailed filing data is available for this year.$19.7$0.00$19.7$77.1$61.1$16.0
2016Summary only. Only limited summary data is available for this year.$2.86$0.00$2.86$44.2$46.4$2.14
2015Detailed filing. Detailed filing data is available for this year.$5.00$5.00$5.00