Civic Intelligence

Sound Ways Inc.

990EZ • Fiscal year 2017 • EIN 47-5108726

Jan 01, 2017 to Dec 31, 2017 • Filed on May 15, 2018

Organization ProfileN/A
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.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

84th percentile

31%

Higher net margin than 84% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

83rd percentile

46%

Faster asset growth than 83% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

72nd percentile

20%

Faster revenue growth than 72% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$47,109

Up $14,923 (+46%) from 2016

Net Assets

Up

$47,109

Up $14,923 (+46%) from 2016

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin84th percentile

Revenue

Up

$47,650

Up $7,910 (+20%) from 2016

Expenses

Up

$32,727

Up $6,319 (+24%) from 2016

Net Income

Up

$14,923

Up $1,591 (+12%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth83rd percentile

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

$60K$40K$20K$0Assets 2016: $32,186Net Assets 2016: $32,1862016Assets 2017: $47,109Liabilities 2017: $0Net 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

2017

Assets$47,109
Liabilities$0
Net Assets$47,109
Open 2017 Filing

Operations Trend

Revenue Growth72nd percentile

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

2017

Revenue$47,650
Expenses$32,727
Net Income$14,923
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 15, 2018
Return Version
2017v2.2
Gross Receipts
$47,650
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$32,680-
Compensation and Service Providers
Top Officer Pay76th percentile

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
2018-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Igor Katsemba
Address
1 Essex Ter, Swampscott, MA 01907-1718
Preparer
Igor Katsemba EA
Phone
7818244131
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $125”

Other Expenses.1005

“Travel $7820”

Other Expenses.1

“Stipends $12957”

Other Expenses.2

“Health insurance $4970”

Other Expenses.3

“College tuition and fee $2201”

Other Expenses.4

“Application fees $1602”

Other Expenses.5

“Donation $1000”

Other Expenses.6

“Concert expenses $848”

Other Expenses.8

“Visa expenses $320”

Raw XML Appendix146 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/BOYAmt032186
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt047109
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt047650
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt014923
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0227
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt032186
IRS990EZ/Form990TotalAssetsGrp/EOYAmt047109
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt047650
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt032186
IRS990EZ/NetAssetsOrFundBalancesEOYAmt047109
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt032186
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt047109
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/OtherExpensesTotalAmt031843
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/PrintingPublicationsPostageAmt0657
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0music colleges - sponsored application fees, tuition, travel & housing expenses
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt032680
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt032727
IRS990EZ/TotalProgramServiceExpensesAmt032680
IRS990EZ/TotalRevenueAmt047650
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt047650
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt039740
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt020000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0107390
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/PublicSupportTotal509Amt0107390
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt047650
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt039740
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt020000
IRS990ScheduleA/Total509Grp/TotalAmt0107390
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt047650
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt039740
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt020000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0107390
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $125
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel $7820
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Stipends $12957
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Health insurance $4970
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4College tuition and fee $2201
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Application fees $1602
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Donation $1000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Concert expenses $848
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Visa expenses $320
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.8
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Maria Eliseeva
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-15
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/PreparerFirmEIN0024825477
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Igor Katsemba
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01 Essex Ter
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Swampscott
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0019071718
ReturnHeader/PreparerPersonGrp/PhoneNum07818244131
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Igor Katsemba EA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-05-15T18:32:02-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$47,109
Liabilities
$0
Net assets
$47,109
Revenue
$47,650
Expenses
$32,727
Net income
$14,923
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$0.00$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