Civic Intelligence

Rockit Live Foundation Inc.

990 • Fiscal year 2020 • EIN 47-3710988

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 05, 2021

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

55th percentile

0.01x

Higher debt load relative to assets than 55% of similar nonprofits.

2020 filings • NTEE A • <$500k nonprofits • Source year 2020

Liabilities / Revenue

49th percentile

0.00x

Higher debt load relative to revenue than 49% of similar nonprofits.

2020 filings • NTEE A • <$500k nonprofits • Source year 2020

Net Margin

40th percentile

-0.8%

Higher net margin than 40% of similar nonprofits.

2020 filings • NTEE A • <$500k nonprofits • Source year 2020

Top Officer Pay

98th percentile

$77,550

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 35.0% of source-year revenue.

2020 filings • NTEE A • <$500k nonprofits • Source year 2020

Asset Growth

15th percentile

-27%

Faster asset growth than 15% of similar nonprofits.

2020 filings • NTEE A • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

57th percentile

-14%

Faster revenue growth than 57% of similar nonprofits.

2020 filings • NTEE A • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$26,524

Down $9,850 (-27%) from 2019

Net Assets

Down

$26,283

Down $1,766 (-6.3%) from 2019

Liabilities

Down

$241

Down $8,084 (-97%) from 2019

Revenue And Expenses
Liabilities / Revenue49th percentileNet Margin40th percentile

Revenue

Down

$221,293

Down $37,284 (-14%) from 2019

Expenses

Down

$223,059

Down $51,335 (-19%) from 2019

Net Income

Up

-$1,766

Up $14,051 (+89%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth15th percentile

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

2020

Assets$26,524
Liabilities$241
Net Assets$26,283
Open 2020 Filing

Operations Trend

Revenue Growth57th percentile

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

2020

Revenue$221,293
Expenses$223,059
Net Income-$1,766
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 5, 2021
Return Version
2020v4.1
Gross Receipts
$221,293
Mission and Program Overview

Mission

Music Instruction/Performance Individual and Group Lessons for Children

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$34,374$26,524▼ $7,850
Total Assets$36,374$26,524▼ $9,850
Other Assets Total$2,000--
Liabilities
Accounts Payable and Accrued Expenses$8,325$241▼ $8,084
Total Liabilities$8,325$241▼ $8,084
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$28,049$21,283▼ $6,766
Net Assets With Donor Restrictions-$5,000-
Total Net Assets Fund Balance$28,049$26,283▼ $1,766
Total Liabilities and Net Assets / Fund Balance$36,374$26,524▼ $9,850
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Bruce GallipaniExecutive DirectorFT$77,550$77,550
Samantha GrandeTreasurerPT$2,420$2,420

Board Members and Trustees

NameTitle
Fred FerraraChairperson
Alyssa GallipaniPresident/Secretary
Barbara FerraraBoard Member
Bruce ChesebroughBoard Member
Frank PestoreBoard Member
Marge PellicanoBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$88,505
Program Service Revenue
$132,788
Investment Income
$0
Other Revenue
$0
All Other Contributions
$33,730
Change in Net Assets
$-1,766
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$163,486
Other Expenses$59,573
Total Fundraising Expense$15,740
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$51,750$12,000$13,800$77,550
Other Salaries and Wages$67,844$1,018-$68,862
Fees for Services Other$39,890--$39,890
Payroll Taxes$11,957$1,301$1,380$14,638
Office Expenses-$5,394-$5,394
Fees for Services Accounting-$4,436-$4,436
Other Employee Benefits$1,989$217$230$2,436
Insurance-$1,628-$1,628
Advertising$1,081--$1,081
Other Expenses$1,776-$330$330
Interest-$322-$322
Travel$305--$305
All Other Expenses$189--$189
Conferences and Meetings-$187-$187
Total Functional Expenses$180,816$26,503$15,740$223,059
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
No event income all online auction$28,708$28,708$22,183$6,525
Total Events$28,708$28,708$22,183$6,525
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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

“Fred and Barbara Ferrara Family Relationship”

Form 990, Part VI, Section A, Line 2

“Bruce and Alyssa Gallipani Family Relationship”

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

“Executive Director provided copy of 990 for review and discussion with the Board.”

Form 990, Part VI, Section B, Line 15B

“Review and approval by the Board for Executive Director compensation”

Form 990, Part VI, Section C, Line 19

“Documents are available to the public upon request.”

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 Executive Director
Title
Executive Director
Signed
2021-11-05
Discuss with paid preparer
No

Organization Details

Principal Officer
Bruce Gallipani
Formed
2015
Legal Domicile
Nj
Voting Board Members
7
Independent Board Members
6
Employees
6

Preparer

Firm
Quantum Business Solutions LLC
Address
10770 NW 66th Street Apt 509, Doral, FL 33178
Preparer
Manuel A Hernandez
Phone
3059096014
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Detail of line 11g expenses as follows Private lessons 24,907 Rehearsal Fee 1,330 Live Performance 100 Stage TechFee 1,815 Scholarship 8,756 Audition Expense 490 Photo Video 2,492”

Raw XML Appendix397 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt08325
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0241
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Music Instruction/Performance Individual and Group Lessons for Children
IRS990/AdvertisingGrp/ProgramServicesAmt01081
IRS990/AdvertisingGrp/TotalAmt01081
IRS990/AllOtherContributionsAmt033730
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0189
IRS990/AllOtherExpensesGrp/TotalAmt0189
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Bruce Gallipani
IRS990/BooksInCareOfDetail/PhoneNum07326732589
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02 Niles Avenue
IRS990/BooksInCareOfDetail/USAddress/CityNm0Middletown
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd007748
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt034374
IRS990/CashNonInterestBearingGrp/EOYAmt026524
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt013800
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt012000
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt051750
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt077550
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0187
IRS990/ConferencesMeetingsGrp/TotalAmt0187
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt028708
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt088505
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt059573
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0132788
IRS990/CYRevenuesLessExpensesAmt0-1766
IRS990/CYSalariesCompEmpBnftPaidAmt0163486
IRS990/CYTotalExpensesAmt0223059
IRS990/CYTotalFundraisingExpenseAmt015740
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0221293
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0Program Tution- expenses include costs for instruction of scholarship students totaling 3,220.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt05000
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt066643
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04436
IRS990/FeesForServicesAccountingGrp/TotalAmt04436
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt039890
IRS990/FeesForServicesOtherGrp/TotalAmt039890
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt5002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt6002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt7010.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0Bruce Gallipani
IRS990/Form990PartVIISectionAGrp/PersonNm1Samantha Grande
IRS990/Form990PartVIISectionAGrp/PersonNm2Fred Ferrara
IRS990/Form990PartVIISectionAGrp/PersonNm3Barbara Ferrara
IRS990/Form990PartVIISectionAGrp/PersonNm4Alyssa Gallipani
IRS990/Form990PartVIISectionAGrp/PersonNm5Frank Pestore
IRS990/Form990PartVIISectionAGrp/PersonNm6Marge Pellicano
IRS990/Form990PartVIISectionAGrp/PersonNm7Bruce Chesebrough
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt077550
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12420
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Chairperson
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4President/Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02015
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt06525
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt048250
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0221293
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt01628
IRS990/InsuranceGrp/TotalAmt01628
IRS990/InterestGrp/ManagementAndGeneralAmt0322
IRS990/InterestGrp/TotalAmt0322
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NJ
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Music Instruction/Performance Individual and Group Lessons for Children
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt028049
IRS990/NetAssetsOrFundBalancesEOYAmt026283
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt028049
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt021283
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05394
IRS990/OfficeExpensesGrp/TotalAmt05394
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02000
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0230
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0217
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01989
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02436
IRS990/OtherExpensesGrp/Desc0Music Equipment - PGM
IRS990/OtherExpensesGrp/Desc1Credit Card Processing
IRS990/OtherExpensesGrp/Desc2Supplies PGM
IRS990/OtherExpensesGrp/Desc3Donation Rel Foundation
IRS990/OtherExpensesGrp/FundraisingAmt0330
IRS990/OtherExpensesGrp/ProgramServicesAmt0558
IRS990/OtherExpensesGrp/ProgramServicesAmt13477
IRS990/OtherExpensesGrp/ProgramServicesAmt21776
IRS990/OtherExpensesGrp/TotalAmt0558
IRS990/OtherExpensesGrp/TotalAmt13477
IRS990/OtherExpensesGrp/TotalAmt21776
IRS990/OtherExpensesGrp/TotalAmt3330
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01018
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt067844
IRS990/OtherSalariesAndWagesGrp/TotalAmt068862
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01380
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01301
IRS990/PayrollTaxesGrp/ProgramServicesAmt011957
IRS990/PayrollTaxesGrp/TotalAmt014638
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Bruce Gallipani
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0Private Lessons- expenses include instruction of scholarship students totaling 15,696
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0112859
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0106840
IRS990/ProgSrvcAccomActy3Grp/Desc0Live Performances and Other.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt01314
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt01268
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt058097
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt076421
IRS990/PYProgramServiceRevenueAmt0200480
IRS990/PYRevenuesLessExpensesAmt0-15817
IRS990/PYSalariesCompEmpBnftPaidAmt0197973
IRS990/PYTotalExpensesAmt0274394
IRS990/PYTotalRevenueAmt0258577
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-1766
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt024680
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0221293
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0258577
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0309209
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0240281
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0245829
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01275189
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01275189
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0221293
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0258577
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0309209
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0240281
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0245829
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01275189
IRS990ScheduleA/TotalSupportAmt01275189
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/ScheduleBRequiredInd0true
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt022183
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0No event income all online auction
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt028708
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt028708
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt028708
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt028708
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt06525
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt022183
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt022183
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Fred and Barbara Ferrara Family Relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Bruce and Alyssa Gallipani Family Relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Executive Director provided copy of 990 for review and discussion with the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Review and approval by the Board for Executive Director compensation
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Documents are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Detail of line 11g expenses as follows Private lessons 24,907 Rehearsal Fee 1,330 Live Performance 100 Stage TechFee 1,815 Scholarship 8,756 Audition Expense 490 Photo Video 2,492
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 11g
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt036374
IRS990/TotalAssetsEOYAmt026524
IRS990/TotalAssetsGrp/BOYAmt036374
IRS990/TotalAssetsGrp/EOYAmt026524
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt088505
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt015740
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt026503
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0180816
IRS990/TotalFunctionalExpensesGrp/TotalAmt0223059
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt08325
IRS990/TotalLiabilitiesEOYAmt0241
IRS990/TotalLiabilitiesGrp/BOYAmt08325
IRS990/TotalLiabilitiesGrp/EOYAmt0241
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt028049
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt026283
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0132788
IRS990/TotalProgramServiceExpensesAmt0180816
IRS990/TotalProgramServiceRevenueAmt0132788
IRS990/TotalReportableCompFromOrgAmt079970
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0221293
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt036374
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt026524
IRS990/TravelGrp/ProgramServicesAmt0305
IRS990/TravelGrp/TotalAmt0305
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02 NIles Avenue
IRS990/USAddress/CityNm0Middletown
IRS990/USAddress/StateAbbreviationCd0NJ
IRS990/USAddress/ZIPCd007748
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0ROCKITLIVE.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Bruce Gallipani Executive Director
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-05
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/PreparerFirmName/BusinessNameLine1Txt0Quantum Business Solutions LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010770 NW 66th Street Apt 509
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Doral
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033178
ReturnHeader/PreparerPersonGrp/PhoneNum03059096014
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Manuel A Hernandez
ReturnHeader/ReturnTs02021-11-05T11:49:58-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Bruce
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Gallipani
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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
$26,524
Liabilities
$241
Net assets
$26,283
Revenue
$221,293
Expenses
$223,059
Net income
-$1,766
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