Civic Intelligence

Rockit Live Foundation Inc.

990EZ • Fiscal year 2015 • EIN 47-3710988

Jan 01, 2015 to Dec 31, 2015 • Filed on Apr 06, 2016

Organization ProfileROCKITLIVE.ORG
2 Niles AvenueMiddletown, NJ 07748

(732) 673-2589

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2015

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2015

Net Margin

65th percentile

10%

Higher net margin than 65% of similar nonprofits.

2015 filings • NTEE A • <$500k nonprofits • Source year 2015

Top Officer Pay

85th percentile

$22,500

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 38.7% of source-year revenue.

2015 filings • NTEE A • <$500k nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

$6,035

No earlier filing loaded for comparison.

Net Assets

$6,035

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin65th percentile

Revenue

$58,137

No earlier filing loaded for comparison.

Expenses

$52,102

No earlier filing loaded for comparison.

Net Income

$6,035

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$60K$40K$20K$0-$20KAssets 2015: $6,035Net Assets 2015: $6,0352015Assets 2016: $40,355Liabilities 2016: $0Net Assets 2016: $40,3552016Assets 2017: $23,183Liabilities 2017: $1,666Net Assets 2017: $21,5172017Assets 2018: $45,434Liabilities 2018: $1,568Net Assets 2018: $43,8662018Assets 2019: $36,374Liabilities 2019: $8,325Net Assets 2019: $28,0492019Assets 2020: $26,524Liabilities 2020: $241Net Assets 2020: $26,2832020Assets 2021: $11,574Liabilities 2021: $1,148Net Assets 2021: $10,4262021Assets 2022: $2,086Liabilities 2022: $3,090Net Assets 2022: -$1,0042022Assets 2023: $43,081Liabilities 2023: $3,109Net Assets 2023: $39,9722023Assets 2024: $51,999Liabilities 2024: $559Net Assets 2024: $51,4402024

Highlighted filing

2015

Assets$6,035
Liabilities-
Net Assets$6,035
Open 2015 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$400K$300K$200K$100K$0-$100KRevenue 2015: $58,137Expenses 2015: $52,102Net Income 2015: $6,0352015Revenue 2016: $245,830Expenses 2016: $211,591Net Income 2016: $34,2392016Revenue 2017: $240,281Expenses 2017: $256,846Net Income 2017: -$16,5652017Revenue 2018: $309,209Expenses 2018: $286,860Net Income 2018: $22,3492018Revenue 2019: $258,577Expenses 2019: $274,394Net Income 2019: -$15,8172019Revenue 2020: $221,293Expenses 2020: $223,059Net Income 2020: -$1,7662020Revenue 2021: $234,078Expenses 2021: $249,935Net Income 2021: -$15,8572021Revenue 2022: $260,136Expenses 2022: $271,566Net Income 2022: -$11,4302022Revenue 2023: $299,127Expenses 2023: $258,151Net Income 2023: $40,9762023Revenue 2024: $296,066Expenses 2024: $284,598Net Income 2024: $11,4682024

Highlighted filing

2015

Revenue$58,137
Expenses$52,102
Net Income$6,035
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Apr 6, 2016
Return Version
2015v2.1
Gross Receipts
$58,137
Mission and Program Overview

Mission

Music Instruction/Performance Individual and Group Lessons for Children

Music instruction/performance with children

Program Services

DescriptionGrantsExpenses
INDIVIDUAL & GROUP LESSONS FOR CHILDREN-$15,211
SALES OF MERCHANDISE AT SHOWS-$7,649
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRUCE GALLIPANIExecutive Di-$22,500-$22,500
Filing and Contact Details

Filer

Filer Name
Rockit Live Foundation Inc
EIN
47-3710988
Phone
7326732589
Address
2 NILES AVENUE, MIDDLETOWN, NJ 07748

Signing Officer

Name
Bruce Gallipani
Title
Executive Director
Phone
7326732589
Signed
2016-04-06
Discuss with paid preparer
Yes

Preparer

Firm
Gottbetter & Conte Llp
Address
1430 BROADWAY 1503, NEW YORK, NY 10018-3377
Preparer
Michael C Conte CPA
Phone
2122210120
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising and promotion 7,649 office 3,986 travel 406 insurance 775 total 12,816”

Raw XML Appendix102 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/PersonNm0BRUCE GALLIPANI
IRS990EZ/BooksInCareOfDetail/PhoneNum07326732589
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02 NILES AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MIDDLETOWN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd007748
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt06035
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt013525
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt06035
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt016786
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt06035
IRS990EZ/GrossReceiptsAmt058137
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt06035
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt06035
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt022500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BRUCE GALLIPANI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DI
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt012816
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0MUSIC INSTRUCTION/PERFORMANCE WITH CHILDREN
IRS990EZ/ProgramServiceRevenueAmt044612
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0INDIVIDUAL & GROUP LESSONS FOR CHILDREN
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1SALES OF MERCHANDISE AT SHOWS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt015211
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt17649
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt022500
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt052102
IRS990EZ/TotalProgramServiceExpensesAmt022860
IRS990EZ/TotalRevenueAmt058137
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0ROCKITLIVE.ORG
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt013525
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt013525
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt044612
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt013525
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt013525
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt013525
IRS990ScheduleA/TotalSupportAmt013525
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 7,649 OFFICE 3,986 TRAVEL 406 INSURANCE 775 TOTAL 12,816
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BRUCE GALLIPANI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07326732589
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-04-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ROCKIT LIVE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0ROCK
ReturnHeader/Filer/EIN0473710988
ReturnHeader/Filer/PhoneNum07326732589
ReturnHeader/Filer/USAddress/AddressLine1Txt02 NILES AVENUE
ReturnHeader/Filer/USAddress/CityNm0MIDDLETOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007748
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0320035956
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GOTTBETTER & CONTE LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01430 BROADWAY 1503
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0100183377
ReturnHeader/PreparerPersonGrp/PhoneNum02122210120
ReturnHeader/PreparerPersonGrp/PreparationDt02016-04-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL C CONTE CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-04-14T11:49:34-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,035
Liabilities
-
Net assets
$6,035
Revenue
$58,137
Expenses
$52,102
Net income
$6,035
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.52$0.01$0.51$2.96$2.85$0.11
2023Detailed filing. Detailed filing data is available for this year.$0.43$0.03$0.40$2.99$2.58$0.41
2022Detailed filing. Detailed filing data is available for this year.$0.02$0.03$0.01$2.60$2.72$0.11
2021Detailed filing. Detailed filing data is available for this year.$0.12$0.01$0.10$2.34$2.50$0.16
2020Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.26$2.21$2.23$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.36$0.08$0.28$2.59$2.74$0.16
2018Detailed filing. Detailed filing data is available for this year.$0.45$0.02$0.44$3.09$2.87$0.22
2017Detailed filing. Detailed filing data is available for this year.$0.23$0.02$0.22$2.40$2.57$0.17
2016Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$2.46$2.12$0.34
2015Detailed filing. Detailed filing data is available for this year.$0.06$0.06$0.58$0.52$0.06