Civic Intelligence

No Strings Inc.

990EZ • Fiscal year 2021 • EIN 56-2364827

Jan 01, 2021 to Dec 31, 2021 • Filed on Mar 28, 2022

1158 Fifth Ave 6BNew York, NY 10029

(212) 860-0109

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Higher debt load relative to assets than 58% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

99th percentile

6.71x

Higher debt load relative to revenue than 99% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

1st percentile

-185400%

Higher net margin than 1% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

80th percentile

$6,650

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 95000.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

20th percentile

-17%

Faster asset growth than 20% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2021

Revenue Growth

2nd percentile

-99%

Faster revenue growth than 2% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2021

Assets

Down

$51,060

Down $22,667 (-31%) from 2019

Net Assets

Down

$51,013

Down $20,796 (-29%) from 2019

Liabilities

Down

$47

Down $1,871 (-98%) from 2019

Revenue

Down

$7

Down $73,522 (-100%) from 2019

Expenses

Down

$12,985

Down $31,736 (-71%) from 2019

Net Income

Down

-$12,978

Down $41,786 (-145%) from 2019

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $205,394Liabilities 2011: $192,4202011Assets 2012: $30,170Liabilities 2012: $10,517Net Assets 2012: $19,6532012Assets 2013: $69,055Liabilities 2013: $26,162Net Assets 2013: $42,8932013Assets 2014: $31,386Liabilities 2014: $61Net Assets 2014: $31,3252014Assets 2015: $176,617Liabilities 2015: $199Net Assets 2015: $176,4182015Assets 2016: $103,582Liabilities 2016: $22,271Net Assets 2016: $81,3112016Assets 2017: $64,612Liabilities 2017: $15,679Net Assets 2017: $48,9332017Assets 2018: $58,501Liabilities 2018: $15,500Net Assets 2018: $43,0012018Assets 2019: $73,727Liabilities 2019: $1,918Net Assets 2019: $71,8092019Assets 2021: $51,060Liabilities 2021: $47Net Assets 2021: $51,0132021Assets 2023: $32,657Liabilities 2023: $0Net Assets 2023: $32,6572023Assets 2024: $30,882Liabilities 2024: $1,810Net Assets 2024: $29,0722024

Highlighted filing

2021

Assets$51,060
Liabilities$47
Net Assets$51,013

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $24,010Expenses 2011: $26,237Net Income 2011: -$2,2272011Expenses 2012: $253,1112012Revenue 2013: $284,929Expenses 2013: $261,689Net Income 2013: $23,2402013Revenue 2014: $8,005Expenses 2014: $19,573Net Income 2014: -$11,5682014Revenue 2015: $154,209Expenses 2015: $9,116Net Income 2015: $145,0932015Revenue 2016: $382,769Expenses 2016: $477,876Net Income 2016: -$95,1072016Revenue 2017: $11,181Expenses 2017: $43,559Net Income 2017: -$32,3782017Revenue 2018: $19Expenses 2018: $5,951Net Income 2018: -$5,9322018Revenue 2019: $73,529Expenses 2019: $44,721Net Income 2019: $28,8082019Revenue 2021: $7Expenses 2021: $12,985Net Income 2021: -$12,9782021Revenue 2023: $8,966Expenses 2023: $19,978Net Income 2023: -$11,0122023Revenue 2024: $2,502Expenses 2024: $6,087Net Income 2024: -$3,5852024

Highlighted filing

2021

Revenue$7
Expenses$12,985
Net Income-$12,978
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 28, 2022
Return Version
2021v4.2
Gross Receipts
$7
Mission and Program Overview

Mission

No strings inc. Was organized to create and produce puppet films for children addressing life-saving issues such as naturan disaster prparedness, hiv, aids, malaria, nutrition and much more. The films are dubbed and distributed by no strings, inc.'s sister orgainization, no strings international uk.

No strings, inc. Was organized to create and produce educational puppet films for children addressing life-saving issues such as natural disaster preparedness. The films are dubbed and distributed by no strings, inc.'s sister organization, no strings, uk.

Program Services

DescriptionGrantsExpenses
NO STRINGS INC'S PROGRAMS FOR 2021 CONSISTED OF CAPACITY BUILDING THE ORGANIZATION TO OBTAIN FUNDING THROUGH GRANTS. NO STRINGS DID NOT RECEIVE ANY COMMISSIONS THIS YEAR, THEREFORE NO PROGRAMS WERE CREATED. THE ORGANIZATION IS STILL CAPACITY BUILDING AND DEVELOPING PROJECT CONCEPTS.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
HEATHER ASCHExecutive DirectorPT$6,650-$6,650
GERRY AMANNChairman-$0--
JOHN PIROVANOChairman/Money Manager-$0--
JARED JENKINSTreasurer-$0--
KATHRYN MULLENSecretary/Artistic Directo-$0--
ERIC RAYMANBoard Member-$0--
SHARON LERNERBoard Member-$0--
SONIA GLUCKMANBoard Member-$0--
EMMET O'NEILLBoard Member-$0--
MARIANNA HOUSTONBoard Member-$0--
RICHARD FERNANDESBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
No Strings Inc
EIN
56-2364827
Phone
2128600109
Address
1158 FIFTH AVE 6B, NEW YORK, NY 10029

Signing Officer

Name
Heather Asch
Title
Executive Director
Phone
2033142283
Signed
2022-03-28
Discuss with paid preparer
Yes

Preparer

Firm
Lutz and Carr Cpas Llp
Address
551 FIFTH AVENUE SUITE 400, NEW YORK, NY 10176
Preparer
Martin Berkowitz
Phone
2126972299
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 7.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 1,335.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: office expenses. Amount: 430. Description: puppet design & construction. Amount: 429. Description: bank charges. Amount: 46. Description: advertising and promotion. Amount: 491. Description: taxes and licenses. Amount: 50. Description: miscellaneous expense. Amount: 1,845. Total to form 990-ez, line 16: 3,291.

Form 990-ez, Part II, Line 24 - Other Assets

Description: other depreciable assets. Beg. Of year amount: 3,336. End of year amount: 2,001.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: credit card. Beg. Of year amount: 0. End of year amount: 47.

Raw XML Appendix200 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.

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IRS990EZ/PrimaryExemptPurposeTxt0NO STRINGS, INC. WAS ORGANIZED TO CREATE AND PRODUCE EDUCATIONAL PUPPET FILMS FOR CHILDREN ADDRESSING LIFE-SAVING ISSUES SUCH AS NATURAL DISASTER PREPAREDNESS. THE FILMS ARE DUBBED AND DISTRIBUTED BY NO STRINGS, INC.'S SISTER ORGANIZATION, NO STRINGS, UK.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 7.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DEPRECIATION. AMOUNT: 1,335.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: OFFICE EXPENSES. AMOUNT: 430. DESCRIPTION: PUPPET DESIGN & CONSTRUCTION. AMOUNT: 429. DESCRIPTION: BANK CHARGES. AMOUNT: 46. DESCRIPTION: ADVERTISING AND PROMOTION. AMOUNT: 491. DESCRIPTION: TAXES AND LICENSES. AMOUNT: 50. DESCRIPTION: MISCELLANEOUS EXPENSE. AMOUNT: 1,845. TOTAL TO FORM 990-EZ, LINE 16: 3,291.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 3,336. END OF YEAR AMOUNT: 2,001.
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/BusinessOfficerGrp/SignatureDt02022-03-28
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ReturnHeader/ReturnTs02022-03-29T15:20:00-05:00
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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