Civic Intelligence

Strings of Mercy Inc.

990EZ • Fiscal year 2022 • EIN 47-4201708

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 14, 2023

2995 Dills RoadHiawassee, GA 30546

(770) 403-0306

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.00x

Higher debt load relative to assets than 62% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

62nd percentile

0.00x

Higher debt load relative to revenue than 62% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

71st percentile

21%

Higher net margin than 71% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

86th percentile

$24,000

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 34.8% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

81st percentile

40%

Faster asset growth than 81% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

68th percentile

36%

Faster revenue growth than 68% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$49,539

Up $14,124 (+40%) from 2021

Net Assets

Up

$49,315

Up $14,480 (+42%) from 2021

Liabilities

Down

$224

Down $356 (-61%) from 2021

Revenue

Up

$68,972

Up $18,316 (+36%) from 2021

Expenses

Up

$54,489

Up $12,795 (+31%) from 2021

Net Income

Up

$14,483

Up $5,521 (+62%) from 2021

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2016: $33,916Liabilities 2016: $0Net Assets 2016: $33,9162016Assets 2017: $41,336Liabilities 2017: $91Net Assets 2017: $41,2452017Assets 2018: $25,975Liabilities 2018: $43Net Assets 2018: $25,9322018Assets 2019: $16,093Liabilities 2019: $0Net Assets 2019: $16,0932019Assets 2020: $26,188Liabilities 2020: $315Net Assets 2020: $25,8732020Assets 2021: $35,415Liabilities 2021: $580Net Assets 2021: $34,8352021Assets 2022: $49,539Liabilities 2022: $224Net Assets 2022: $49,3152022Assets 2023: $63,520Liabilities 2023: $02023Assets 2024: $78,109Net Assets 2024: $78,1092024

Highlighted filing

2022

Assets$49,539
Liabilities$224
Net Assets$49,315

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2016: $49,915Expenses 2016: $20,906Net Income 2016: $29,0092016Revenue 2017: $100,271Expenses 2017: $92,942Net Income 2017: $7,3292017Revenue 2018: $62,699Expenses 2018: $78,012Net Income 2018: -$15,3132018Revenue 2019: $71,232Expenses 2019: $81,071Net Income 2019: -$9,8392019Revenue 2020: $41,647Expenses 2020: $31,867Net Income 2020: $9,7802020Revenue 2021: $50,656Expenses 2021: $41,694Net Income 2021: $8,9622021Revenue 2022: $68,972Expenses 2022: $54,489Net Income 2022: $14,4832022Revenue 2023: $61,411Expenses 2023: $47,206Net Income 2023: $14,2052023Revenue 2024: $78,403Expenses 2024: $63,816Net Income 2024: $14,5872024

Highlighted filing

2022

Revenue$68,972
Expenses$54,489
Net Income$14,483
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$68,972
Mission and Program Overview

Mission

Our mission is to change the way we care for the suffering through live therapeutic music.

Program Services

DescriptionGrantsExpenses
CERTIFIED MUSIC PRACTITIONERS VISIT PATIENTS TO PLAY MUSIC FOR THEM AND PROVIDE LIVE THERAPEUTIC MUSIC TO AID IN COMFORT AND/OR RECOVERY.-$33,164
CERTIFIED MUSIC PRACTITIONERS VISIT PATIENTS TO PLAY MUSIC FOR THEM AND PROVIDE LIVE THERAPEUTIC MUSIC TO AID IN COMFORT AND/OR RECOVERY.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHARLES A BECKMANExecutive Di-$24,000-$24,000
CHERI BECKMANSecretary-$0--
BILL ROGERSChairman-$0--
CHRIS KARABINOSMember-$0--
Filing and Contact Details

Filer

Filer Name
Strings of Mercy Inc
EIN
47-4201708
Phone
7704030306
Address
2995 DILLS ROAD, HIAWASSEE, GA 30546

Signing Officer

Name
Charles a Beckman
Title
Executive Director
Phone
7704030306
Signed
2023-11-14
Discuss with paid preparer
Yes

Preparer

Firm
John Friend and Company Pc
Address
2916 E MORGAN AVE, EVANSVILLE, IN 47711-4426
Preparer
Sara Abu-hussein
Phone
8124733388
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Sales of cd's 47 total 47

Form 990-ez, Part I, Line 10

Music for healing & transition donation 1,500 250 e long lakes blvd akron oh 44319 music for healing & transition 1,910 250 e long lakes blvd akron oh 44319

Form 990-ez, Part I, Line 16

Expenses marketing 569 paypal & bank fees 279 education & research 67 purchases 3,061 meals 346 insurance 439 total 4,761

Form 990-ez, Part II, Line 24

Inventories for sale or use 373 351 total 373 351

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 583 224

Form 990-ez, Part III

Our mission is to change the way we care for the suffering through live therapeutic music.

Form 990-ez, Part III, Line 31

Certified music practitioners visit patients to play music for them and provide live therapeutic music to aid in comfort and/or recovery.

Raw XML Appendix152 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/BenefitsPaidToOrForMembersAmt05000
IRS990EZ/BooksInCareOfDetail/PersonNm0CHERI BECKMAN
IRS990EZ/BooksInCareOfDetail/PhoneNum07704030306
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02995 DILLS ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HIAWASSEE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd030546
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt035042
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt049188
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt049118
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt014483
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt014733
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt035415
IRS990EZ/Form990TotalAssetsGrp/EOYAmt049539
IRS990EZ/GrantsAndSimilarAmountsPaidAmt03410
IRS990EZ/GrossReceiptsAmt068972
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt034832
IRS990EZ/NetAssetsOrFundBalancesEOYAmt049315
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt034832
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt049315
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt024000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CHARLES A BECKMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CHERI BECKMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2BILL ROGERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CHRIS KARABINOS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0373
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0351
IRS990EZ/OtherExpensesTotalAmt04761
IRS990EZ/OtherRevenueTotalAmt047
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0OUR MISSION IS TO CHANGE THE WAY WE CARE FOR THE SUFFERING THROUGH LIVE THERAPEUTIC MUSIC.
IRS990EZ/PrintingPublicationsPostageAmt0749
IRS990EZ/ProgramServiceRevenueAmt019807
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CERTIFIED MUSIC PRACTITIONERS VISIT PATIENTS TO PLAY MUSIC FOR THEM AND PROVIDE LIVE THERAPEUTIC MUSIC TO AID IN COMFORT AND/OR RECOVERY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1CERTIFIED MUSIC PRACTITIONERS VISIT PATIENTS TO PLAY MUSIC FOR THEM AND PROVIDE LIVE THERAPEUTIC MUSIC TO AID IN COMFORT AND/OR RECOVERY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt033164
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt025836
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0583
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0224
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt054489
IRS990EZ/TotalProgramServiceExpensesAmt033164
IRS990EZ/TotalRevenueAmt068972
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0STRINGSOFMERCY.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt020218
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt032420
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt024935
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt032959
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt037530
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0148062
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt076521
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt019854
IRS990ScheduleA/OtherIncome170Grp/TotalAmt019854
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.67160
IRS990ScheduleA/PublicSupportPY170Pct00.89800
IRS990ScheduleA/PublicSupportTotal170Amt0112778
IRS990ScheduleA/SubstantialContributorsTotAmt035284
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt020218
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt032420
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt024935
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt032959
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt037530
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0148062
IRS990ScheduleA/TotalSupportAmt0167918
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SALES OF CD'S 47 TOTAL 47
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MUSIC FOR HEALING & TRANSITION DONATION 1,500 250 E LONG LAKES BLVD AKRON OH 44319 MUSIC FOR HEALING & TRANSITION 1,910 250 E LONG LAKES BLVD AKRON OH 44319
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXPENSES MARKETING 569 PAYPAL & BANK FEES 279 EDUCATION & RESEARCH 67 PURCHASES 3,061 MEALS 346 INSURANCE 439 TOTAL 4,761
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INVENTORIES FOR SALE OR USE 373 351 TOTAL 373 351
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCOUNTS PAYABLE AND ACCRUED EXPENSES 583 224
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OUR MISSION IS TO CHANGE THE WAY WE CARE FOR THE SUFFERING THROUGH LIVE THERAPEUTIC MUSIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CERTIFIED MUSIC PRACTITIONERS VISIT PATIENTS TO PLAY MUSIC FOR THEM AND PROVIDE LIVE THERAPEUTIC MUSIC TO AID IN COMFORT AND/OR RECOVERY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHARLES A BECKMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07704030306
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STRINGS OF MERCY INC
ReturnHeader/Filer/BusinessNameControlTxt0STRI
ReturnHeader/Filer/EIN0474201708
ReturnHeader/Filer/PhoneNum07704030306
ReturnHeader/Filer/USAddress/AddressLine1Txt02995 DILLS ROAD
ReturnHeader/Filer/USAddress/CityNm0HIAWASSEE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030546
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0351622660
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOHN FRIEND AND COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02916 E MORGAN AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EVANSVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0477114426
ReturnHeader/PreparerPersonGrp/PhoneNum08124733388
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SARA ABU-HUSSEIN
ReturnHeader/ReturnTs02023-11-14T13:33:57-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CHUCK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BECKMAN
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings