Civic Intelligence

Elevar Foundation Inc.

990EZ • Fiscal year 2016 • EIN 47-3853344

Jan 01, 2016 to Dec 31, 2016 • Filed on Jul 17, 2017

3601 North Military TrailBoca Raton, FL 33413

(561) 909-7261

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.20x

Higher debt load relative to assets than 82% of similar nonprofits.

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

Liabilities / Revenue

75th percentile

0.04x

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

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

Net Margin

68th percentile

13%

Higher net margin than 68% of similar nonprofits.

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

Top Officer Pay

91st percentile

$46,317

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 43.6% of source-year revenue.

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

Asset Growth

Score unavailable

No value available

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

Source year 2016

Revenue Growth

Score unavailable

No value available

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

Source year 2016

Assets

$22,720

No earlier filing loaded for comparison.

Net Assets

$18,273

No earlier filing loaded for comparison.

Liabilities

$4,447

No earlier filing loaded for comparison.

Revenue

$106,120

No earlier filing loaded for comparison.

Expenses

$92,597

No earlier filing loaded for comparison.

Net Income

$13,523

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2016: $22,720Liabilities 2016: $4,447Net Assets 2016: $18,2732016Assets 2017: $7,815Liabilities 2017: $149Net Assets 2017: $7,6662017Assets 2018: $16,706Liabilities 2018: $824Net Assets 2018: $15,8822018Assets 2019: $22,767Liabilities 2019: $3,816Net Assets 2019: $18,9512019Assets 2020: $44,418Liabilities 2020: $429Net Assets 2020: $43,9892020Assets 2021: $15,823Liabilities 2021: $5Net Assets 2021: $15,8182021Assets 2022: $151,831Liabilities 2022: $0Net Assets 2022: $151,8312022Assets 2023: $10,789Liabilities 2023: $643Net Assets 2023: $10,1462023Assets 2024: $5,766Liabilities 2024: $0Net Assets 2024: $5,7662024

Highlighted filing

2016

Assets$22,720
Liabilities$4,447
Net Assets$18,273

Operations Trend

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

$400K$200K$0-$200KRevenue 2016: $106,120Expenses 2016: $92,597Net Income 2016: $13,5232016Revenue 2017: $219,067Expenses 2017: $229,674Net Income 2017: -$10,6072017Revenue 2018: $121,124Expenses 2018: $112,908Net Income 2018: $8,2162018Revenue 2019: $152,127Expenses 2019: $149,058Net Income 2019: $3,0692019Revenue 2020: $282,436Expenses 2020: $319,306Net Income 2020: -$36,8702020Revenue 2021: $57,163Expenses 2021: $85,317Net Income 2021: -$28,1542021Revenue 2022: $259,297Expenses 2022: $123,284Net Income 2022: $136,0132022Revenue 2023: $223,197Expenses 2023: $364,869Net Income 2023: -$141,6722023Revenue 2024: $155,592Expenses 2024: $159,988Net Income 2024: -$4,3962024

Highlighted filing

2016

Revenue$106,120
Expenses$92,597
Net Income$13,523
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 17, 2017
Return Version
2016v3.0
Gross Receipts
$106,120
Mission and Program Overview

Mission

To provide educational programs that focus on the transformation of lives through music with a focus on making music accessible to all people without regard to their socioeconomic status. Through providing free or low-cost opportunities for the young and underserved population in communities, such as masterclasses, performances, workshops and information sessions, elevar is able to advance education and promote classical music to all segments of society. Through partnering with for-profit entities, the foundation matches under-privileged youth with the needed resources to pursue music and enhance their quality of life. Elevar, through one of its most active programs, the elmar oliveira international violin competition, mentors young violinists, ages 16-32, to be citizen artists and actively engage with the communities they live in and serve.

Purpose: the specific and exclusive charitable purpose for which this corporation is organized is to establish an international violin competition to promote violinists and encourage young violinists to pursue and refine their talent as performers.mission: to establish a world class violin competition in order to promote and provide awareness of the talented violinist from around the world and the opportunities for the young violinist to pursue their love of performing.

Program Services

DescriptionGrantsExpenses
CREATION AND INCEPTION OF THE INTERNATIONAL VIOLIN COMPETITION WHICH ATTRACTED OVER EIGHTY APPLICANTS FROM FIFTEEN COUNTRIES. THE ACTUAL COMPETITION WAS HELD IN 2017.$0$70,382
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JILL ARBETTERExecutive DirectorFT$41,667$4,650$46,317
ELMAR OLIVEIRAPresident/DirectorPT$0--
SANDRA ROBBINSVice President/DirectorPT$0--
DANIEL J PROBSTSecretary/Treasurer/DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
The Elmar Oliveira International Violin
EIN
47-3853344
Phone
5619097261
Address
3601 NORTH MILITARY TRAIL, BOCA RATON, FL 33413

Signing Officer

Name
Elmar Oliveira
Title
Officer
Phone
5619097261
Signed
2017-07-17
Discuss with paid preparer
Yes

Preparer

Firm
Kwm Cpas Llp
Address
125 JERICHO TURNPIKE - STE 300, JERICHO, NY 11753
Preparer
Ronald S Goldstein
Phone
5163336100
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: application fees. Amount: 7,620.

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

Description: meals & entertainment. Amount: 361. Description: office supplies. Amount: 339. Description: catering. Amount: 349. Description: dues & subscriptions. Amount: 330. Description: payroll taxes. Amount: 3,604. Description: data processing. Amount: 1,679. Description: computer & internet fees. Amount: 1,064. Description: telephone exp. Amount: 1,182. Description: bank charges. Amount: 14. Description: insurance. Amount: 420. Description: advertising & promotion. Amount: 5,534. Description: travel. Amount: 4,887. Description: application fees. Amount: 292. Total to form 990-ez, line 16: 20,055.

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

Description: credit card payable. Beg. Of year amount: 0. End of year amount: 4,447.

Raw XML Appendix161 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ELMAR OLIVEIRA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SANDRA ROBBINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DANIEL J PROBST
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JILL ARBETTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY/TREASURER/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3EXECUTIVE DIRECTOR
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IRS990EZ/OtherChangesInNetAssetsAmt00
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IRS990EZ/PrimaryExemptPurposeTxt0PURPOSE: THE SPECIFIC AND EXCLUSIVE CHARITABLE PURPOSE FOR WHICH THIS CORPORATION IS ORGANIZED IS TO ESTABLISH AN INTERNATIONAL VIOLIN COMPETITION TO PROMOTE VIOLINISTS AND ENCOURAGE YOUNG VIOLINISTS TO PURSUE AND REFINE THEIR TALENT AS PERFORMERS.MISSION: TO ESTABLISH A WORLD CLASS VIOLIN COMPETITION IN ORDER TO PROMOTE AND PROVIDE AWARENESS OF THE TALENTED VIOLINIST FROM AROUND THE WORLD AND THE OPPORTUNITIES FOR THE YOUNG VIOLINIST TO PURSUE THEIR LOVE OF PERFORMING.
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IRS990EZ/TransactionWithControlEntInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: APPLICATION FEES. AMOUNT: 7,620.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: MEALS & ENTERTAINMENT. AMOUNT: 361. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 339. DESCRIPTION: CATERING. AMOUNT: 349. DESCRIPTION: DUES & SUBSCRIPTIONS. AMOUNT: 330. DESCRIPTION: PAYROLL TAXES. AMOUNT: 3,604. DESCRIPTION: DATA PROCESSING. AMOUNT: 1,679. DESCRIPTION: COMPUTER & INTERNET FEES. AMOUNT: 1,064. DESCRIPTION: TELEPHONE EXP. AMOUNT: 1,182. DESCRIPTION: BANK CHARGES. AMOUNT: 14. DESCRIPTION: INSURANCE. AMOUNT: 420. DESCRIPTION: ADVERTISING & PROMOTION. AMOUNT: 5,534. DESCRIPTION: TRAVEL. AMOUNT: 4,887. DESCRIPTION: APPLICATION FEES. AMOUNT: 292. TOTAL TO FORM 990-EZ, LINE 16: 20,055.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: CREDIT CARD PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 4,447.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 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/PersonNm0ELMAR OLIVEIRA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum05619097261
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-07-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE ELMAR OLIVEIRA INTERNATIONAL VIOLIN
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0COMPETITION INC
ReturnHeader/Filer/BusinessNameControlTxt0ELMA
ReturnHeader/Filer/EIN0473853344
ReturnHeader/Filer/PhoneNum05619097261
ReturnHeader/Filer/USAddress/AddressLine1Txt03601 NORTH MILITARY TRAIL
ReturnHeader/Filer/USAddress/CityNm0BOCA RATON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033413
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0108.162.17.166
ReturnHeader/FilingSecurityInformation/IPDt02017-07-17
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm016:47:44
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0112674705
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KWM CPAS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0125 JERICHO TURNPIKE - STE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0JERICHO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011753
ReturnHeader/PreparerPersonGrp/PhoneNum05163336100
ReturnHeader/PreparerPersonGrp/PreparationDt02017-07-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RONALD S GOLDSTEIN
ReturnHeader/ReturnTs02017-08-14T08:53:28-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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Filings