Civic Intelligence

Sound Ways Inc.

990EZ • Fiscal year 2019 • EIN 47-5108726

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 21, 2020

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.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

11th percentile

-35%

Higher net margin than 11% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

13th percentile

-35%

Faster asset growth than 13% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

36th percentile

-8.1%

Faster revenue growth than 36% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$26,968

Down $14,823 (-35%) from 2018

Net Assets

Down

$26,968

Down $14,823 (-35%) from 2018

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin11th percentile

Revenue

Down

$42,396

Down $3,713 (-8.1%) from 2018

Expenses

Up

$57,219

Up $6,659 (+13%) from 2018

Net Income

Down

-$14,823

Down $10,372 (-233%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth13th 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: $41,791Net Assets 2018: $41,7912018Assets 2019: $26,968Liabilities 2019: $0Net Assets 2019: $26,9682019Assets 2020: $41,563Net Assets 2020: $41,5632020

Highlighted filing

2019

Assets$26,968
Liabilities$0
Net Assets$26,968
Open 2019 Filing

Operations Trend

Revenue Growth36th 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

2019

Revenue$42,396
Expenses$57,219
Net Income-$14,823
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 21, 2020
Return Version
2019v5.0
Gross Receipts
$42,396
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 Pay77th 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
2020-11-21
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.1001

“Advertising and Promotion $2098”

Other Expenses.1002

“Office Expenses $285”

Other Expenses.1003

“Information Technology $1099”

Other Expenses.1005

“Travel $248”

Other Expenses.1012

“Insurance $725”

Other Expenses.1

“students housing $12897”

Other Expenses.2

“performance fees $11609”

Other Expenses.3

“musicians room & board $4515”

Other Expenses.4

“housing grant $4439”

Other Expenses.5

“R&B grant $2706”

Other Expenses.6

“Student Living $2506”

Other Expenses.7

“conservatory fee $2365”

Other Expenses.8

“university fee $1780”

Other Expenses.9

“Concert expenses $1650”

Raw XML Appendix161 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/BOYAmt041791
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt026968
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt039638
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-14823
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt08297
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt041791
IRS990EZ/Form990TotalAssetsGrp/EOYAmt026968
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt042396
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt041791
IRS990EZ/NetAssetsOrFundBalancesEOYAmt026968
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt041791
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt026968
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/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt048922
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/ProgramServiceRevenueAmt02758
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/TotalExpensesAmt057219
IRS990EZ/TotalRevenueAmt042396
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt033438
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt046109
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt047650
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt039740
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt020000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0186937
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/PublicSupportTotal509Amt0186937
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt033438
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt046109
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt047650
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt039740
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt020000
IRS990ScheduleA/Total509Grp/TotalAmt0186937
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt033438
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt046109
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt047650
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt039740
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt020000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0186937
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $2098
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $285
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Information Technology $1099
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Travel $248
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance $725
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5students housing $12897
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6performance fees $11609
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7musicians room & board $4515
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8housing grant $4439
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9R&B grant $2706
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Student Living $2506
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11conservatory fee $2365
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12university fee $1780
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Concert expenses $1650
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Other Expenses.9
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Maria Eliseeva
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-21
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/ReturnTs02020-11-21T13:58:43-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$26,968
Liabilities
$0
Net assets
$26,968
Revenue
$42,396
Expenses
$57,219
Net income
-$14,823
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
2019Detailed filing. Detailed filing data is available for this year.$27.0$0.00$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