Civic Intelligence

Sound Ways Inc

EIN 47-5108726 • 501(c)3 • Newton, MA

Profile

advancement and education of gifted young performers by assisting them with funding, applying to and continueing their education in the USA

1087 Beacon St Suite 303Newton, MA 02459

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

97th percentile

92%

Higher net margin than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

87th percentile

54%

Faster asset growth than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

14th percentile

-62%

Faster revenue growth than 14% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$41,563

Up $14,595 (+54%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$41,563

Up $14,595 (+54%) from 2019

Operations
Liabilities / Revenue62nd percentileNet Margin97th percentile

Revenue

Down

$15,927

Down $26,469 (-62%) from 2019

Expenses

Down

$1,332

Down $55,887 (-98%) from 2019

Net Income

Up

$14,595

Up $29,418 (+198%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth87th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0Assets 2016: $32,186Net Assets 2016: $32,1862016Assets 2017: $47,109Net Assets 2017: $47,1092017Assets 2018: $41,791Net Assets 2018: $41,7912018Assets 2019: $26,968Net Assets 2019: $26,9682019Assets 2020: $41,563Net Assets 2020: $41,5632020

Highlighted filing

2020

Assets$41,563
Liabilities-
Net Assets$41,563
Open 2020 Filing

Operations Trend

Revenue Growth14th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60K$40K$20K$0-$20KRevenue 2016: $39,740Expenses 2016: $26,408Net Income 2016: $13,3322016Revenue 2017: $47,650Expenses 2017: $32,727Net Income 2017: $14,9232017Revenue 2018: $46,109Expenses 2018: $50,560Net Income 2018: -$4,4512018Revenue 2019: $42,396Expenses 2019: $57,219Net Income 2019: -$14,8232019Revenue 2020: $15,927Expenses 2020: $1,332Net Income 2020: $14,5952020

Highlighted filing

2020

Revenue$15,927
Expenses$1,332
Net Income$14,595
Open 2020 Filing

Filings

Most recent year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$41,563
Liabilities
-
Net assets
$41,563
Revenue
$15,927
Expenses
$1,332
Net income
$14,595
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$41.6$41.6$15.9$1.33$14.6
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.0$27.0$42.4$57.2$14.8
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$41.8$41.8$46.1$50.6$4.45
2017Detailed filing. Detailed filing data is available for this year.$47.1$47.1$47.7$32.7$14.9
2016Detailed filing. Detailed filing data is available for this year.$32.2$32.2$39.7$26.4$13.3
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Dec 24, 2021
Return Version
2020v4.0
Gross Receipts
$15,927
Mission and Program Overview

Mission

advancement and education of gifted young performers by assisting them with funding, applying to and continueing their education in the USA

Program Services

DescriptionGrantsExpenses
music colleges - sponsored application fees, tuition, travel & housing expenses--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Maria EliseevaPresidentPT$0--
Alexey EliseevTreasurerPT$0--
Anastasia KhvorovaSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Sound Ways Inc
EIN
47-5108726
Address
1087 BEACON ST SUITE 303, NEWTON, MA 02459

Signing Officer

Name
Maria Eliseeva
Title
President
Signed
2021-12-24
Discuss with paid preparer
Yes

Preparer

Firm
Swampscott Tax & Bookkeeping
Address
1 Essex Terrace, Swampscott, MA 01907
Preparer
Igor Katsemba EA
Phone
7813659941
Supplemental Narrative

Additional Explanations

Other Expenses.1003

“Information Technology $1200”

Raw XML Appendix141 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/PersonNm0Maria Eliseeva
IRS990EZ/BooksInCareOfDetail/PhoneNum06173325800
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01087 BEACON ST SUITE 303
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEWTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002459
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt026968
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt041563
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt015927
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt014595
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0132
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt026968
IRS990EZ/Form990TotalAssetsGrp/EOYAmt041563
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt015927
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt026968
IRS990EZ/NetAssetsOrFundBalancesEOYAmt041563
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt026968
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt041563
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Maria Eliseeva
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Alexey Eliseev
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Anastasia Khvorova
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt01200
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0advancement and education of gifted young performers by assisting them with funding, applying to and continueing their education in the USA
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0music colleges - sponsored application fees, tuition, travel & housing expenses
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt01332
IRS990EZ/TotalRevenueAmt015927
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt015927
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt033438
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt046109
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt047650
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt039740
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0182864
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0182864
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt015927
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt033438
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt046109
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt047650
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt039740
IRS990ScheduleA/Total509Grp/TotalAmt0182864
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt015927
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt033438
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt046109
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt047650
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt039740
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0182864
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Information Technology $1200
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1003
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Maria Eliseeva
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-12-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Sound Ways Inc
ReturnHeader/Filer/BusinessNameControlTxt0SOUN
ReturnHeader/Filer/EIN0475108726
ReturnHeader/Filer/USAddress/AddressLine1Txt01087 BEACON ST SUITE 303
ReturnHeader/Filer/USAddress/CityNm0NEWTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002459
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0844405248
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Swampscott Tax & Bookkeeping
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01 Essex Terrace
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Swampscott
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001907
ReturnHeader/PreparerPersonGrp/PhoneNum07813659941
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Igor Katsemba EA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-12-23T18:28:53-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Maria
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Eliseeva
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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