Civic Intelligence

Sound Ways Inc.

990EZ • Fiscal year 2018 • EIN 47-5108726

Jan 01, 2018 to Dec 31, 2018 • Filed on Jun 13, 2019

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

57th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

24th percentile

-9.7%

Higher net margin than 24% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

28th percentile

-11%

Faster asset growth than 28% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

43rd percentile

-3.2%

Faster revenue growth than 43% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$41,791

Down $5,318 (-11%) from 2017

Net Assets

Down

$41,791

Down $5,318 (-11%) from 2017

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin24th percentile

Revenue

Down

$46,109

Down $1,541 (-3.2%) from 2017

Expenses

Up

$50,560

Up $17,833 (+54%) from 2017

Net Income

Down

-$4,451

Down $19,374 (-130%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth28th 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: $47,109Net Assets 2017: $47,1092017Assets 2018: $41,791Liabilities 2018: $0Net Assets 2018: $41,7912018Assets 2019: $26,968Net Assets 2019: $26,9682019Assets 2020: $41,563Net Assets 2020: $41,5632020

Highlighted filing

2018

Assets$41,791
Liabilities$0
Net Assets$41,791
Open 2018 Filing

Operations Trend

Revenue Growth43rd 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

2018

Revenue$46,109
Expenses$50,560
Net Income-$4,451
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jun 13, 2019
Return Version
2018v3.1
Gross Receipts
$46,109
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$45,031-
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
2019-06-13
Discuss with paid preparer
Yes

Preparer

Firm
Swampscott Tax & Bookkeeping
Address
1 Essex Terrace, Swampscott, MA 01907
Preparer
Igor Katsemba EA
Phone
7818244131
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $465”

Other Expenses.1002

“Office Expenses $822”

Other Expenses.1003

“Information Technology $1126”

Other Expenses.1005

“Travel $5172”

Other Expenses.1

“Student rent $16637”

Other Expenses.2

“Student Living $8520”

Other Expenses.3

“College tuition and fee $6366”

Other Expenses.4

“Stipends $3900”

Other Expenses.5

“Concert expenses $3895”

Other Expenses.6

“Passport fees $1165”

Other Expenses.7

“Donation $1105”

Other Expenses.8

“Visa expenses $690”

Other Expenses.9

“Application fees $275”

Other Expenses.11

“Health insurance $171”

Raw XML Appendix158 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
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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/BOYAmt046242
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt041791
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt046109
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-4451
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt041791
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt046109
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt046242
IRS990EZ/NetAssetsOrFundBalancesEOYAmt041791
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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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/OtherExpensesTotalAmt050309
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/PrintingPublicationsPostageAmt0251
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0music colleges - sponsored application fees, tuition, travel & housing expenses
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt045031
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt050560
IRS990EZ/TotalProgramServiceExpensesAmt045031
IRS990EZ/TotalRevenueAmt046109
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt046109
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt047650
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt039740
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt020000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0153499
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/PublicSupportTotal509Amt0153499
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt046109
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt047650
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt039740
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt020000
IRS990ScheduleA/Total509Grp/TotalAmt0153499
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt046109
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt047650
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt039740
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt020000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0153499
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $465
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $822
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Information Technology $1126
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Travel $5172
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Student rent $16637
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Student Living $8520
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6College tuition and fee $6366
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Stipends $3900
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Concert expenses $3895
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Passport fees $1165
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Donation $1105
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Visa expenses $690
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Application fees $275
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Health insurance $171
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Other Expenses.11
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Maria Eliseeva
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-06-13
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/BusinessNameLine1Txt0Swampscott Tax & Bookkeeping
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01 Essex Terrace
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Swampscott
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001907
ReturnHeader/PreparerPersonGrp/PhoneNum07818244131
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Igor Katsemba EA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-06-13T12:00:11-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$41,791
Liabilities
$0
Net assets
$41,791
Revenue
$46,109
Expenses
$50,560
Net income
-$4,451
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
2018Detailed filing. Detailed filing data is available for this year.$41.8$0.00$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