Civic Intelligence

1 Million Guitars

990EZ • Fiscal year 2018 • EIN 82-3323753

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

Organization Profileonemillionguitars.org
603 Greenwich StNew York, NY 10014

(212) 767-9638

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.

2018 filings • NTEE A68 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

55th percentile

0.00x

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

2018 filings • NTEE A68 • <$500k nonprofits • Source year 2018

Net Margin

56th percentile

5.4%

Higher net margin than 56% of similar nonprofits.

2018 filings • NTEE A68 • <$500k nonprofits • Source year 2018

Top Officer Pay

65th percentile

$0

Higher top officer pay than 65% of similar nonprofits.

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

2018 filings • NTEE A68 • <$500k nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Balance Sheet
Liabilities / Assets56th percentile

Assets

$5,587

No earlier filing loaded for comparison.

Net Assets

$5,587

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin56th percentile

Revenue

$102,590

No earlier filing loaded for comparison.

Expenses

$97,003

No earlier filing loaded for comparison.

Net Income

$5,587

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$30K$20K$10K$0Assets 2018: $5,587Liabilities 2018: $0Net Assets 2018: $5,5872018Assets 2019: $8,869Liabilities 2019: $0Net Assets 2019: $8,8692019Assets 2020: $22,275Liabilities 2020: $0Net Assets 2020: $22,2752020Assets 2021: $25,980Liabilities 2021: $0Net Assets 2021: $25,9802021

Highlighted filing

2018

Assets$5,587
Liabilities$0
Net Assets$5,587
Open 2018 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$150K$100K$50K$0Revenue 2018: $102,590Expenses 2018: $97,003Net Income 2018: $5,5872018Revenue 2019: $8,323Expenses 2019: $5,041Net Income 2019: $3,2822019Revenue 2020: $13,426Expenses 2020: $20Net Income 2020: $13,4062020Revenue 2021: $33,181Expenses 2021: $29,476Net Income 2021: $3,7052021

Highlighted filing

2018

Revenue$102,590
Expenses$97,003
Net Income$5,587
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$102,590
Mission and Program Overview

Mission

Provide musical instruments to under priviledged children

Provide musical instruments to under privileged children

Program Services

DescriptionGrantsExpenses
MUSICAL INSTRUMENTS PROGRAM EXPENSES$96,888-
Compensation and Service Providers
Top Officer Pay65th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
EDO SEGALPresident-$0--
ERIC BLANDDirector-$0--
DAVID BROZADirector-$0--
Filing and Contact Details

Filer

Filer Name
1 Million Guitars
EIN
82-3323753
Phone
2127679638
Address
603 GREENWICH ST, NEW YORK, NY 10014

Signing Officer

Name
Edo Segal
Title
President
Signed
2019-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Regen Benz & Mackenzie Cpas Pc
Address
57 W 38TH STREET 3RD FLOOR, NEW YORK, NY 10018
Preparer
William a Regen
Phone
2126612720
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

“| Date of Gift: -20181231 | Book Value: $96888 | Fair Market Value: $96888”

Other Expenses.1

“BANK CHARGES $115”

Raw XML Appendix132 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/PersonNm0TAXPAYER
IRS990EZ/BooksInCareOfDetail/PhoneNum02126612720
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0603 GREENWICH ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010014
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt05587
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0102590
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt05587
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt05587
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt096888
IRS990EZ/GrossReceiptsAmt0102590
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt05587
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt05587
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0EDO SEGAL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ERIC BLAND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DAVID BROZA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0115
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE MUSICAL INSTRUMENTS TO UNDER PRIVILEGED CHILDREN
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MUSICAL INSTRUMENTS PROGRAM EXPENSES
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt096888
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt097003
IRS990EZ/TotalProgramServiceExpensesAmt096888
IRS990EZ/TotalRevenueAmt0102590
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0onemillionguitars.org
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0102590
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0102590
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/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0102590
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0102590
IRS990ScheduleA/Total509Grp/TotalAmt0102590
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0102590
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0102590
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Date of Gift: -20181231 | Book Value: $96888 | Fair Market Value: $96888
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BANK CHARGES $115
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0EDO SEGAL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt01 MILLION GUITARS
ReturnHeader/Filer/BusinessNameControlTxt01MIL
ReturnHeader/Filer/EIN0823323753
ReturnHeader/Filer/PhoneNum02127679638
ReturnHeader/Filer/USAddress/AddressLine1Txt0603 GREENWICH ST
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010014
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0133648163
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0REGEN BENZ & MACKENZIE CPAS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt057 W 38TH STREET 3RD FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010018
ReturnHeader/PreparerPersonGrp/PhoneNum02126612720
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM A REGEN
ReturnHeader/ReturnTs02019-11-14T13:20:28-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,587
Liabilities
$0
Net assets
$5,587
Revenue
$102,590
Expenses
$97,003
Net income
$5,587
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$0.33$0.29$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$0.13$0.00$0.13
2019Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$0.08$0.05$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$1.03$0.97$0.06