Civic Intelligence

Hopewell Valley Youth Chorale Inc

EIN 75-3215709 • 501(c)3 • Hopewell, NJ

Profile

To provide boys and girls in the greater hopewell area an opportunity to explore, prepare and perform a diverse repertoire of choral music. Through regular participation in this community-based ensemble, children develop musical skills through ear training, sight reading and rhythmic activities, age-appropriate vocal technique, artistic and personal expression through the performance of great choral literature, self-discipline and social skills, commitment to serve others through the gift of song, and cultural awareness of the role that music plays in the local community and beyond.

PO Box 159Hopewell, NJ 08525-0159

www.hvychorale.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

90th percentile

0.69x

Higher debt load relative to assets than 90% of similar nonprofits.

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

Liabilities / Revenue

82nd percentile

0.10x

Higher debt load relative to revenue than 82% of similar nonprofits.

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

Net Margin

33rd percentile

-8.0%

Higher net margin than 33% of similar nonprofits.

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

Top Officer Pay

84th percentile

$8,000

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 11.1% of source-year revenue.

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

Asset Growth

71st percentile

14%

Faster asset growth than 71% of similar nonprofits.

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

Revenue Growth

28th percentile

-28%

Faster revenue growth than 28% of similar nonprofits.

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

Assets

Up

$10,107

Up $1,244 (+14%) from 2016

Liabilities

$6,983

No earlier filing loaded for comparison.

Net Assets

Down

$3,124

Down $5,739 (-65%) from 2016

Revenue

Down

$71,993

Down $28,196 (-28%) from 2016

Expenses

Down

$77,732

Down $18,302 (-19%) from 2016

Net Income

Down

-$5,739

Down $9,894 (-238%) from 2016

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40K$30K$20K$10K$0Assets 2011: $18,953Net Assets 2011: $18,9532011Assets 2012: $10,011Net Assets 2012: $10,0112012Assets 2013: $26,666Net Assets 2013: $26,6662013Assets 2014: $31,060Net Assets 2014: $31,0602014Assets 2015: $4,707Net Assets 2015: $4,7072015Assets 2016: $8,863Net Assets 2016: $8,8632016Assets 2017: $10,107Liabilities 2017: $6,983Net Assets 2017: $3,1242017

Highlighted filing

2017

Assets$10,107
Liabilities$6,983
Net Assets$3,124

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2011: $33,100Expenses 2011: $51,046Net Income 2011: -$17,9462011Revenue 2012: $38,210Expenses 2012: $47,152Net Income 2012: -$8,9422012Revenue 2013: $36,939Expenses 2013: $20,285Net Income 2013: $16,6542013Revenue 2014: $55,314Expenses 2014: $50,920Net Income 2014: $4,3942014Revenue 2015: $82,252Expenses 2015: $108,605Net Income 2015: -$26,3532015Revenue 2016: $100,189Expenses 2016: $96,034Net Income 2016: $4,1552016Revenue 2017: $71,993Expenses 2017: $77,732Net Income 2017: -$5,7392017

Highlighted filing

2017

Revenue$71,993
Expenses$77,732
Net Income-$5,739

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Feb 14, 2017
Return Version
2016v3.1
Gross Receipts
$71,993
Mission and Program Overview

Mission

To provide boys and girls in the greater hopewell area an opportunity to explore, prepare and perform a diverse repertoire of choral music. Through regular participation in this community-based ensemble, children develop musical skills through ear training, sight reading and rhythmic activities, age-appropriate vocal technique, artistic and personal expression through the performance of great choral literature, self-discipline and social skills, commitment to serve others through the gift of song, and cultural awareness of the role that music plays in the local community and beyond.

Program Services

DescriptionGrantsExpenses
THROUGH REGULAR PARTICIPATION IN THIS COMMUNITY-BASED ENSEMBLE, CHILDREN DEVELOP MUSICAL SKILLS THROUGH EAR TRAINING, SIGHT READING AND RHYTHMIC ACTIVITIES,AGE-APPROPRIATE VOCAL TECHNIQUE, ARTISTIC AND PERSONAL EXPRESSION THROUGH THE PERFORMANCE OF GREAT CHORAL LITERATURE, SELF- DISCIPLINE AND SOCIAL SKILLS, COMMITMENT TO SERVE OTHERS THROUGH THE GIFT OF SONG, AND CULTURAL AWARENESS OF THE ROLE THAT MUSIC PLAYS IN THE LOCAL COMMUNITY AND BEYOND.-$40,341
THROUGH REGULAR PARTICIPATION IN THIS COMMUNITY-BASED ENSEMBLE, CHILDREN DEVELOP MUSICAL SKILLS THROUGH EAR TRAINING, SIGHT READING AND RHYTHMIC ACTIVITIES, AGE-APPROPRIATE VOCAL TECHNIQUE, ARTISTIC AND PERSONAL EXPRESSION THROUGH THE PERFORMANCE OF GREAT CHORAL LITERATURE, SELF-DISCIPLINE AND SOCIAL SKILLS, COMMITMENT TO SERVE OTHERS THROUGH THE GIFT OF SONG, AND CULTURAL AWARENESS OF THE ROLE THAT MUSIC PLAYS IN THE LOCAL COMMUNITY AND BEYOND.-$17,628
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WILLIAM ALFORDExecutive DiPT$8,000-$8,000
-Artistic DirectorPT$8,000-$8,000
-Member At La-$0--
-Treasurer-$0--
-Board Member-$0--
ELLYN ITOBoard Chair-$0--
JENNIFER GHANNAMManaging DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Hopewell Valley Youth Chorale Inc
EIN
75-3215709
Phone
6096515474
Address
PO BOX 159, HOPEWELL, NJ 08525-0159

Signing Officer

Name
Jennifer Ghannam
Title
Managing Director
Signed
2017-02-14

Preparer

Firm
Howard Azer & Associates Pa
Address
12 ROSZEL RD STE A104, PRINCETON, NJ 08540
Preparer
Howard Azer
Phone
6094521122
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses insurance 2,049 accompanist/musicians 4,875 advertising & direct mail 1,312 concert expenses 29,644 music 1,330 uniforms/wardrobe 1,449 telephone 562 supplies 467 bank fees 102 computer expense 600 total 42,390

Form 990-ez, Part II, Line 26

DUE TO OFFICER 0 6,983

Form 990-ez, Part III

To provide boys and girls in the greater hopewell area an opportunity to explore, prepare and perform a diverse repertoire of choral music. Through regular participation in this community-based ensemble, children develop musical skills through ear training, sight reading and rhythmic activities, age-appropriate vocal technique, artistic and personal expression through the performance of great choral literature, self-discipline and social skills, commitment to serve others through the gift of song, and cultural awareness of the role that music plays in the local community and beyond.

Form 990-ez, Part III, Line 28

Through regular participation in this community-based ensemble, children develop musical skills through ear training, sight reading and rhythmic activities,age-appropriate vocal technique, artistic and personal expression through the performance of great choral literature, self- discipline and social skills, commitment to serve others through the gift of song, and cultural awareness of the role that music plays in the local community and beyond.

Form 990-ez, Part III, Line 31

Through regular participation in this community-based ensemble, children develop musical skills through ear training, sight reading and rhythmic activities, age-appropriate vocal technique, artistic and personal expression through the performance of great choral literature, self-discipline and social skills, commitment to serve others through the gift of song, and cultural awareness of the role that music plays in the local community and beyond.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES INSURANCE 2,049 ACCOMPANIST/MUSICIANS 4,875 ADVERTISING & DIRECT MAIL 1,312 CONCERT EXPENSES 29,644 MUSIC 1,330 UNIFORMS/WARDROBE 1,449 TELEPHONE 562 SUPPLIES 467 BANK FEES 102 COMPUTER EXPENSE 600 TOTAL 42,390
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO PROVIDE BOYS AND GIRLS IN THE GREATER HOPEWELL AREA AN OPPORTUNITY TO EXPLORE, PREPARE AND PERFORM A DIVERSE REPERTOIRE OF CHORAL MUSIC. THROUGH REGULAR PARTICIPATION IN THIS COMMUNITY-BASED ENSEMBLE, CHILDREN DEVELOP MUSICAL SKILLS THROUGH EAR TRAINING, SIGHT READING AND RHYTHMIC ACTIVITIES, AGE-APPROPRIATE VOCAL TECHNIQUE, ARTISTIC AND PERSONAL EXPRESSION THROUGH THE PERFORMANCE OF GREAT CHORAL LITERATURE, SELF-DISCIPLINE AND SOCIAL SKILLS, COMMITMENT TO SERVE OTHERS THROUGH THE GIFT OF SONG, AND CULTURAL AWARENESS OF THE ROLE THAT MUSIC PLAYS IN THE LOCAL COMMUNITY AND BEYOND.
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