Civic Intelligence

Sound Waves Payee

990EZ • Fiscal year 2023 • EIN 81-3792601

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 31, 2024

600 1st AveSeattle, WA 98104

(206) 607-9907

Siviq Scores

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

Liabilities / Assets

81st percentile

0.12x

Higher debt load relative to assets than 81% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

71st percentile

0.02x

Higher debt load relative to revenue than 71% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

31st percentile

-6.7%

Higher net margin than 31% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

96th percentile

$70,533

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 67.3% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

17th percentile

-31%

Faster asset growth than 17% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

50th percentile

4.8%

Faster revenue growth than 50% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$17,030

Down $7,642 (-31%) from 2022

Net Assets

Down

$14,985

Down $7,048 (-32%) from 2022

Liabilities

Down

$2,045

Down $594 (-23%) from 2022

Revenue

Up

$104,820

Up $4,765 (+4.8%) from 2022

Expenses

Up

$111,868

Up $12,880 (+13%) from 2022

Net Income

Down

-$7,048

Down $8,115 (-761%) from 2022

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2020: $10,850Liabilities 2020: $3,066Net Assets 2020: $7,7842020Assets 2021: $21,164Liabilities 2021: $198Net Assets 2021: $20,9662021Assets 2022: $24,672Liabilities 2022: $2,639Net Assets 2022: $22,0332022Assets 2023: $17,030Liabilities 2023: $2,045Net Assets 2023: $14,9852023Assets 2024: $4,687Liabilities 2024: $0Net Assets 2024: $4,6872024

Highlighted filing

2023

Assets$17,030
Liabilities$2,045
Net Assets$14,985

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2020: $79,427Expenses 2020: $88,503Net Income 2020: -$9,0762020Revenue 2021: $99,637Expenses 2021: $86,455Net Income 2021: $13,1822021Revenue 2022: $100,055Expenses 2022: $98,988Net Income 2022: $1,0672022Revenue 2023: $104,820Expenses 2023: $111,868Net Income 2023: -$7,0482023Revenue 2024: $100,039Expenses 2024: $112,383Net Income 2024: -$12,3442024

Highlighted filing

2023

Revenue$104,820
Expenses$111,868
Net Income-$7,048
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 31, 2024
Return Version
2023v5.1
Gross Receipts
$104,820
Mission and Program Overview

Mission

To provide representative payee services for social security beneficiaries in the greater seattle area, with a particular focus on those experienceing chronic homelessness, mental illness, and substance use disorder.

To provide representative payee services for social security beneficiaries in the greater seattle area, with a particular focus on those experiencing chronic homelessness, mental illness, and substance use disorder.

Program Services

DescriptionGrantsExpenses
PROVIDED PAYEE SERVICES TO 147 CLIENTS.$0$108,938
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHRIS PAULProgram Service ProviderFT$70,000$533$70,533
DAVID SANDELLPresident-$0--
PATRICK HAINSVice President-$0--
DREW DUPLANTISTreasurer-$0--
CRAIG CODLINSecretary-$0--
JEREMY LOUZAODirector-$0--
JONATHAN KILIANDirector-$0--
JENNIFER SCHLADWEILERDirector-$0--
MATTHEW RIPPEYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Sound Waves Payee
EIN
81-3792601
Phone
2066079907
Address
600 1ST AVE, SEATTLE, WA 98104

Signing Officer

Name
Chris Paul
Title
Program Service Provider
Phone
2066079907
Signed
2024-10-31
Discuss with paid preparer
Yes

Preparer

Firm
Jacobson Jarvis & Co Pllc
Address
200 1ST AVE W SUITE 200, SEATTLE, WA 98119
Preparer
Howard Donkin CPA
Phone
2066288990
Supplemental Narrative

Additional Explanations

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

Description: insurance. Amount: 1,800. Description: office expenses. Amount: 10,120. Description: bank fees. Amount: 4,114. Description: supplies. Amount: 8,753. Description: travel. Amount: 150. Total to form 990-ez, line 16: 24,937.

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

Description: credit cards. Beg. Of year amount: 198. End of year amount: 0. Description: accounts payable. Beg. Of year amount: 2,441. End of year amount: 2,045.

Raw XML Appendix188 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/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CHRIS PAUL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DAVID SANDELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PATRICK HAINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DREW DUPLANTIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CRAIG CODLIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JEREMY LOUZAO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JONATHAN KILIAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7JENNIFER SCHLADWEILER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8MATTHEW RIPPEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PROGRAM SERVICE PROVIDER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt024937
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE REPRESENTATIVE PAYEE SERVICES FOR SOCIAL SECURITY BENEFICIARIES IN THE GREATER SEATTLE AREA, WITH A PARTICULAR FOCUS ON THOSE EXPERIENCING CHRONIC HOMELESSNESS, MENTAL ILLNESS, AND SUBSTANCE USE DISORDER.
IRS990EZ/ProgramServiceRevenueAmt0100976
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDED PAYEE SERVICES TO 147 CLIENTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/SchoolOperatingInd00
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IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalRevenueAmt0104820
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.SOUNDWAVESPAYEE.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt06954
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt07700
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt016518
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt01864
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0104820
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0100055
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt099637
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt049395
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0433334
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INSURANCE. AMOUNT: 1,800. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 10,120. DESCRIPTION: BANK FEES. AMOUNT: 4,114. DESCRIPTION: SUPPLIES. AMOUNT: 8,753. DESCRIPTION: TRAVEL. AMOUNT: 150. TOTAL TO FORM 990-EZ, LINE 16: 24,937.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: CREDIT CARDS. BEG. OF YEAR AMOUNT: 198. END OF YEAR AMOUNT: 0. DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 2,441. END OF YEAR AMOUNT: 2,045.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRIS PAUL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PROGRAM SERVICE PROVIDER
ReturnHeader/BusinessOfficerGrp/PhoneNum02066079907
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOUND WAVES PAYEE
ReturnHeader/Filer/BusinessNameControlTxt0SOUN
ReturnHeader/Filer/EIN0813792601
ReturnHeader/Filer/PhoneNum02066079907
ReturnHeader/Filer/USAddress/AddressLine1Txt0600 1ST AVE
ReturnHeader/Filer/USAddress/CityNm0SEATTLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098104
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0912011386
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JACOBSON JARVIS & CO PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0200 1ST AVE W SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SEATTLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098119
ReturnHeader/PreparerPersonGrp/PhoneNum02066288990
ReturnHeader/PreparerPersonGrp/PreparationDt02024-10-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HOWARD DONKIN CPA
ReturnHeader/ReturnTs02024-11-06T18:24:06-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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