Civic Intelligence

Music Beats Hearts

990EZ • Fiscal year 2016 • EIN 47-2234861

Jan 01, 2016 to Dec 31, 2016 • Filed on Aug 02, 2017

Organization ProfileWWW.MUSICBEATSHEARTS.ORG
155 Arlington AvenueSomerset, NJ 08873

(516) 659-2229

Siviq Scores

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

Liabilities / Assets

75th percentile

0.08x

Higher debt load relative to assets than 75% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

77th percentile

0.05x

Higher debt load relative to revenue than 77% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

8th percentile

-51%

Higher net margin than 8% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

11th percentile

-40%

Faster asset growth than 11% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

2nd percentile

-92%

Faster revenue growth than 2% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets75th percentile

Assets

Down

$21,905

Down $14,380 (-40%) from 2015

Net Assets

Down

$20,241

Down $16,044 (-44%) from 2015

Liabilities

Up

$1,664

Up $1,664 from 2015

Revenue And Expenses
Liabilities / Revenue77th percentileNet Margin8th percentile

Revenue

Down

$31,694

Down $382,998 (-92%) from 2015

Expenses

Down

$47,738

Down $352,472 (-88%) from 2015

Net Income

Down

-$16,044

Down $30,526 (-211%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

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

$40K$30K$20K$10K$0Assets 2015: $36,285Liabilities 2015: $0Net Assets 2015: $36,2852015Assets 2016: $21,905Liabilities 2016: $1,664Net Assets 2016: $20,2412016Assets 2017: $2,981Liabilities 2017: $0Net Assets 2017: $2,9812017Assets 2018: $4,252Liabilities 2018: $1,500Net Assets 2018: $2,7522018

Highlighted filing

2016

Assets$21,905
Liabilities$1,664
Net Assets$20,241
Open 2016 Filing

Operations Trend

Revenue Growth2nd percentile

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

$600K$400K$200K$0-$200KRevenue 2015: $414,692Expenses 2015: $400,210Net Income 2015: $14,4822015Revenue 2016: $31,694Expenses 2016: $47,738Net Income 2016: -$16,0442016Revenue 2017: $637Expenses 2017: $17,897Net Income 2017: -$17,2602017Revenue 2018: $2,526Expenses 2018: $2,755Net Income 2018: -$2292018

Highlighted filing

2016

Revenue$31,694
Expenses$47,738
Net Income-$16,044
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Aug 2, 2017
Return Version
2016v3.0
Gross Receipts
$31,694
Mission and Program Overview

Mission

Music beats hearts (mbh) emphasizes the use of music throughout the healing process in the hospital setting and supports the compilation and distribution of music to help aid patients heal.

Program Services

DescriptionGrantsExpenses
MBH HAS AN EXTENSIVE BACKGROUND IN THE MUSIC INDUSTRY AND WORKS WITH HOSPITALS AND PATIENTS TO CREATE PREPROGRAMMED PLAYLISTS ON MUSIC DEVICES. THESE DEVICES ARE FILLED WITH UPLIFTING SONGS, COMPILED BY MUSIC EXECUTIVES AND THE MUSICIANS THEMSELVES, AND ARE DISTRIBUTED TO HOSPITALIZED PATIENTS.$25,187$27,497
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ELIE MAROUNDirector, Co-Founder-$0--
JORDAN STERNDirector, Co-Founder-$0--
TREVOR COOKLERChief Operating OfficerPT$0--
Filing and Contact Details

Filer

Filer Name
Music Beats Hearts
EIN
47-2234861
Phone
5166592229
Address
155 ARLINGTON AVENUE, SOMERSET, NJ 08873

Signing Officer

Name
Jordan Stern
Title
Director, Co-founder
Phone
5166592229
Signed
2017-08-02
Discuss with paid preparer
Yes

Preparer

Firm
Raffa Pc
Address
1899 L STREET NW SUITE 850, WASHINGTON, DC 20036
Preparer
Frank H Smith
Phone
2028225000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: grant. Grantee name: stephen. Grantee relationship: n/a. Date of gift: 04/25/16. Amount given: 14,307.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: grant. Grantee name: various individuals. Grantee relationship: n/a. Property description: 73 ipods. Method used to determine fmv: fmv. Date of gift: 12/31/16. Amount given: 10,880. Total included on form 990-ez, line 10: 25,187.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: marketing. Amount: 2,310. Description: office supplies. Amount: 1,472. Description: information technology. Amount: 1,166. Description: dues and subscriptions. Amount: 336. Description: travel and meetings. Amount: 2,033. Total to form 990-ez, line 16: 7,317.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: inventory. Beg. Of year amount: 7,450. End of year amount: 298. Description: security deposit. Beg. Of year amount: 5,000. End of year amount: 5,000.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: accrued expenses. Beg. Of year amount: 0. End of year amount: 1,664.”

Raw XML Appendix153 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/BooksInCareOfDetail/PersonNm0JORDAN STERN
IRS990EZ/BooksInCareOfDetail/PhoneNum05166592229
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0155 ARLINGTON AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SOMERSET
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd008873
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt023835
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt016607
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt031694
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-16044
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt014531
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt036285
IRS990EZ/Form990TotalAssetsGrp/EOYAmt021905
IRS990EZ/GrantsAndSimilarAmountsPaidAmt025187
IRS990EZ/GrossReceiptsAmt031694
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt036285
IRS990EZ/NetAssetsOrFundBalancesEOYAmt020241
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt036285
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt020241
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt232.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ELIE MAROUN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JORDAN STERN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TREVOR COOKLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR, CO-FOUNDER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR, CO-FOUNDER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CHIEF OPERATING OFFICER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt012450
IRS990EZ/OtherAssetsTotalDetail/EOYAmt05298
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt07317
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0MUSIC BEATS HEARTS (MBH) EMPHASIZES THE USE OF MUSIC THROUGHOUT THE HEALING PROCESS IN THE HOSPITAL SETTING AND SUPPORTS THE COMPILATION AND DISTRIBUTION OF MUSIC TO HELP AID PATIENTS HEAL.
IRS990EZ/PrintingPublicationsPostageAmt0703
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MBH HAS AN EXTENSIVE BACKGROUND IN THE MUSIC INDUSTRY AND WORKS WITH HOSPITALS AND PATIENTS TO CREATE PREPROGRAMMED PLAYLISTS ON MUSIC DEVICES. THESE DEVICES ARE FILLED WITH UPLIFTING SONGS, COMPILED BY MUSIC EXECUTIVES AND THE MUSICIANS THEMSELVES, AND ARE DISTRIBUTED TO HOSPITALIZED PATIENTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt025187
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt027497
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01664
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt047738
IRS990EZ/TotalProgramServiceExpensesAmt027497
IRS990EZ/TotalRevenueAmt031694
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.MUSICBEATSHEARTS.ORG
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt031694
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0414692
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt046390
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0492776
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt055488
IRS990ScheduleA/SubstantialContributorsTotAmt0437288
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt031694
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0414692
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt046390
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0492776
IRS990ScheduleA/TotalSupportAmt0492776
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/ExplanationTxt0ACTIVITY CLASSIFICATION: GRANT. GRANTEE NAME: STEPHEN. GRANTEE RELATIONSHIP: N/A. DATE OF GIFT: 04/25/16. AMOUNT GIVEN: 14,307.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: GRANT. GRANTEE NAME: VARIOUS INDIVIDUALS. GRANTEE RELATIONSHIP: N/A. PROPERTY DESCRIPTION: 73 IPODS. METHOD USED TO DETERMINE FMV: FMV. DATE OF GIFT: 12/31/16. AMOUNT GIVEN: 10,880. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 25,187.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: MARKETING. AMOUNT: 2,310. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 1,472. DESCRIPTION: INFORMATION TECHNOLOGY. AMOUNT: 1,166. DESCRIPTION: DUES AND SUBSCRIPTIONS. AMOUNT: 336. DESCRIPTION: TRAVEL AND MEETINGS. AMOUNT: 2,033. TOTAL TO FORM 990-EZ, LINE 16: 7,317.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: INVENTORY. BEG. OF YEAR AMOUNT: 7,450. END OF YEAR AMOUNT: 298. DESCRIPTION: SECURITY DEPOSIT. BEG. OF YEAR AMOUNT: 5,000. END OF YEAR AMOUNT: 5,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,664.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JORDAN STERN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR, CO-FOUNDER
ReturnHeader/BusinessOfficerGrp/PhoneNum05166592229
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-08-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MUSIC BEATS HEARTS
ReturnHeader/Filer/BusinessNameControlTxt0MUSI
ReturnHeader/Filer/EIN0472234861
ReturnHeader/Filer/PhoneNum05166592229
ReturnHeader/Filer/USAddress/AddressLine1Txt0155 ARLINGTON AVENUE
ReturnHeader/Filer/USAddress/CityNm0SOMERSET
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd008873
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0FFA2BC33170E4325356C19B39EDBBFEB056B45D7
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0DAB48F1DB241BD34F7C51364F39BEF4B5B3312C9
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0207.238.152.33
ReturnHeader/FilingSecurityInformation/IPDt02017-08-02
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm011:52:07
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521511275
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RAFFA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01899 L STREET NW SUITE 850
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WASHINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0DC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020036
ReturnHeader/PreparerPersonGrp/PhoneNum02028225000
ReturnHeader/PreparerPersonGrp/PreparationDt02017-08-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FRANK H SMITH
ReturnHeader/ReturnTs02017-08-02T10:53:27-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$21,905
Liabilities
$1,664
Net assets
$20,241
Revenue
$31,694
Expenses
$47,738
Net income
-$16,044
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$0.04$0.02$0.03$0.03$0.03$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.01$0.18$0.17
2016Detailed filing. Detailed filing data is available for this year.$0.22$0.02$0.20$0.32$0.48$0.16
2015Detailed filing. Detailed filing data is available for this year.$0.36$0.00$0.36$4.15$4.00$0.14