Civic Intelligence

Sound Ways Inc.

990EZ • Fiscal year 2016 • EIN 47-5108726

Jan 01, 2016 to Dec 31, 2016 • Filed on May 15, 2017

1087 Beacon St Suite 303Newton, MA 02459

(617) 332-5800

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

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

Liabilities / Revenue

55th percentile

0.00x

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

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

Net Margin

86th percentile

34%

Higher net margin than 86% of similar nonprofits.

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

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

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

Asset Growth

88th percentile

71%

Faster asset growth than 88% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

93rd percentile

99%

Faster revenue growth than 93% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

$32,186

No earlier filing loaded for comparison.

Net Assets

$32,186

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$39,740

No earlier filing loaded for comparison.

Expenses

$26,408

No earlier filing loaded for comparison.

Net Income

$13,332

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.

$60K$40K$20K$0Assets 2016: $32,186Liabilities 2016: $0Net 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

2016

Assets$32,186
Liabilities$0
Net Assets$32,186

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2016

Revenue$39,740
Expenses$26,408
Net Income$13,332
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 15, 2017
Return Version
2016v3.0
Gross Receipts
$39,740
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$26,131-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Maria EliseevaPresident-$0--
Alexey EliseevTreasurer-$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
2017-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Swampscott Tax & Bookkeeping
Address
1 Essex Ter, Swampscott, MA 01907-1718
Preparer
Igor Katsemba EA
Phone
7817150569
Supplemental Narrative

Additional Explanations

Other Expenses.1005

Travel $2663

Other Expenses.1

$347

Raw XML Appendix129 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/BOYAmt018854
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt032186
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt039740
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt013332
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt023364
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt018854
IRS990EZ/Form990TotalAssetsGrp/EOYAmt032186
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt039740
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt018854
IRS990EZ/NetAssetsOrFundBalancesEOYAmt032186
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt018854
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt032186
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
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/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt03010
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/PrintingPublicationsPostageAmt034
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0music colleges - sponsored application fees, tuition, travel & housing expenses
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt026131
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt026408
IRS990EZ/TotalProgramServiceExpensesAmt026131
IRS990EZ/TotalRevenueAmt039740
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt039740
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt020000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt059740
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/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt059740
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt039740
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt020000
IRS990ScheduleA/Total509Grp/TotalAmt059740
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt039740
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt020000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt059740
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Travel $2663
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1$347
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Maria Eliseeva
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-15
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/PreparerFirmName/BusinessNameLine1Txt0Swampscott Tax & Bookkeeping
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01 Essex Ter
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Swampscott
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0019071718
ReturnHeader/PreparerPersonGrp/PhoneNum07817150569
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Igor Katsemba EA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-05-15T19:20:53-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • <$500k nonprofits