Civic Intelligence

Soundbio Lab

990EZ • Fiscal year 2021 • EIN 81-3164860

Jan 01, 2021 to Dec 31, 2021 • Filed on Aug 29, 2022

1100 NE 47th StSeattle, WA 98105

(607) 398-0870

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.

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

Liabilities / Revenue

56th percentile

0.00x

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

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

Net Margin

89th percentile

57%

Higher net margin than 89% of similar nonprofits.

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

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.

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

Asset Growth

96th percentile

302%

Faster asset growth than 96% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

80th percentile

67%

Faster revenue growth than 80% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$126,511

Up $95,025 (+302%) from 2020

Net Assets

Up

$126,511

Up $107,547 (+567%) from 2020

Liabilities

Down

$0

Down $12,522 (-100%) from 2020

Revenue

Up

$98,403

Up $39,459 (+67%) from 2020

Expenses

Down

$42,457

Down $17,886 (-30%) from 2020

Net Income

Up

$55,946

Up $57,345 (+4099%) from 2020

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2017: $116,897Liabilities 2017: $214Net Assets 2017: $116,6832017Assets 2018: $31,456Liabilities 2018: $2,199Net Assets 2018: $29,2572018Assets 2019: $19,725Liabilities 2019: $0Net Assets 2019: $19,7252019Assets 2020: $31,486Liabilities 2020: $12,522Net Assets 2020: $18,9642020Assets 2021: $126,511Liabilities 2021: $0Net Assets 2021: $126,5112021Assets 2022: $85,645Liabilities 2022: $0Net Assets 2022: $85,6452022Assets 2023: $80,152Liabilities 2023: $0Net Assets 2023: $80,1522023Assets 2024: $67,508Net Assets 2024: $67,5082024

Highlighted filing

2021

Assets$126,511
Liabilities$0
Net Assets$126,511

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2017: $214,816Expenses 2017: $103,823Net Income 2017: $110,9932017Revenue 2018: $50,222Expenses 2018: $98,766Net Income 2018: -$48,5442018Revenue 2019: $77,165Expenses 2019: $89,050Net Income 2019: -$11,8852019Revenue 2020: $58,944Expenses 2020: $60,343Net Income 2020: -$1,3992020Revenue 2021: $98,403Expenses 2021: $42,457Net Income 2021: $55,9462021Revenue 2022: $50,843Expenses 2022: $56,899Net Income 2022: -$6,0562022Revenue 2023: $47,120Expenses 2023: $75,313Net Income 2023: -$28,1932023Revenue 2024: $77,507Expenses 2024: $90,151Net Income 2024: -$12,6442024

Highlighted filing

2021

Revenue$98,403
Expenses$42,457
Net Income$55,946
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Aug 29, 2022
Return Version
2021v4.0
Gross Receipts
$98,403
Mission and Program Overview

Mission

The SoundBio Lab provides a lab space thats available to community members to use for their own independent research. SoundBio also runs workshops, open to the general public, within its lab space focused on hand-on science learning. SoundBio also takes science out into the local community by attending tabling events throughout Seattle.

SoundBio Lab advances science equity by providing resources & education to the greater Seattle area. Through learning by doing we enable community-driven contributions to science, foster interdisciplinary exploration, and encourage career development. As a small, unique, volunteer-run organization, SoundBio members made a big difference in our community with over 250 hours volunteering in outreach events and impacted over 1,400 students prior to the pandemic. We were severely impacted for most of 2020 and 2021. To address pandemic-related needs for hands-on learning in remote learning spaces, we focused on the development of at-home experiments and a series of webinars for basic lab skills to support the needs of our learning community.

Program Services

DescriptionGrantsExpenses
We were severely impacted for most of 2020 and 2021 due to the pandemic. To address pandemic-related needs for hands-on learning in remote learning spaces, we focused on the development of at-home experiments and a series of webinars for basic lab skills to support the needs of our learning community. We also kept our employee on the payroll until she left for career advancement.$0$2,086
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Orlando de LangePresidentPT$0--
Regina WuVice PresidentPT$0--
Yoshi GotoSecretaryPT$0--
Anna SchierTreasurerPT$0--
Garima ThakurLab ManagerPT$0--
Filing and Contact Details

Filer

Filer Name
Soundbio Lab
EIN
81-3164860
Phone
6073980870
Address
1100 NE 47th St, Seattle, WA 98105

Signing Officer

Name
Anna Schier
Title
Treasurer
Phone
2068494613
Signed
2022-08-29
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Insurance and tax related costs

Raw XML Appendix176 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/PrimaryExemptPurposeTxt0SoundBio Lab advances science equity by providing resources & education to the greater Seattle area. Through learning by doing we enable community-driven contributions to science, foster interdisciplinary exploration, and encourage career development. As a small, unique, volunteer-run organization, SoundBio members made a big difference in our community with over 250 hours volunteering in outreach events and impacted over 1,400 students prior to the pandemic. We were severely impacted for most of 2020 and 2021. To address pandemic-related needs for hands-on learning in remote learning spaces, we focused on the development of at-home experiments and a series of webinars for basic lab skills to support the needs of our learning community.
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Filings