Civic Intelligence

Sounding Joy Inc.

990EZ • Fiscal year 2023 • EIN 87-2361933

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 28, 2024

330 3rd Street South 1706St Petersburg, FL 33701

(813) 526-1870

Siviq Scores

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

Liabilities / Assets

74th percentile

0.04x

Higher debt load relative to assets than 74% of similar nonprofits.

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

Liabilities / Revenue

78th percentile

0.05x

Higher debt load relative to revenue than 78% of similar nonprofits.

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

Net Margin

92nd percentile

56%

Higher net margin than 92% of similar nonprofits.

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

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

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

Asset Growth

92nd percentile

98%

Faster asset growth than 92% of similar nonprofits.

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

Revenue Growth

86th percentile

72%

Faster revenue growth than 86% of similar nonprofits.

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

Assets

Up

$139,245

Up $68,778 (+98%) from 2022

Net Assets

Up

$133,745

Up $63,278 (+90%) from 2022

Liabilities

Up

$5,500

Up $5,500 from 2022

Revenue

Up

$113,976

Up $47,584 (+72%) from 2022

Expenses

Up

$50,698

Up $43,583 (+613%) from 2022

Net Income

Up

$63,278

Up $4,001 (+6.7%) from 2022

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2021: $11,190Liabilities 2021: $0Net Assets 2021: $11,1902021Assets 2022: $70,467Liabilities 2022: $0Net Assets 2022: $70,4672022Assets 2023: $139,245Liabilities 2023: $5,500Net Assets 2023: $133,7452023Assets 2024: $291,414Liabilities 2024: $6,007Net Assets 2024: $285,4072024

Highlighted filing

2023

Assets$139,245
Liabilities$5,500
Net Assets$133,745

Operations Trend

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

$400K$300K$200K$100K$0Revenue 2021: $12,750Expenses 2021: $1,560Net Income 2021: $11,1902021Revenue 2022: $66,392Expenses 2022: $7,115Net Income 2022: $59,2772022Revenue 2023: $113,976Expenses 2023: $50,698Net Income 2023: $63,2782023Revenue 2024: $311,849Expenses 2024: $160,187Net Income 2024: $151,6622024

Highlighted filing

2023

Revenue$113,976
Expenses$50,698
Net Income$63,278
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 28, 2024
Return Version
2023v5.1
Gross Receipts
$138,141
Mission and Program Overview

Mission

To provide hearing aids for people who cannot afford them and to educate the community on hearing loss.

To ignite joy by providing hearing aids to children whose families can't afford them so they can reach their full potential in their education, their careers, their relationships, and their lives.

Program Services

DescriptionGrantsExpenses
TO HELP CHILDREN WITH HEARING LOSS WHOSE FAMILIES DON'T QUALIFY FOR FINANCIAL ASSISTANCE AND CAN'T AFFORD HEARING AIDS. SOUNDING JOY PARTNERS WITH AUDIOLOGISTS, CORPORATE SPONSORS AND DONORS TO PROVIDE PROFESSIONALLY FITTED AND PROGRAMMED HEARING AIDS TO THOSE WHO CAN'T GET THEM SO THEY CAN REACH THEIR FULL POTENTIAL.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHRISTY VOGELChairman And FounderPT$0--
SARAH CONNOLLYSecretary-$0--
ROY RAFALCOTreasurer-$0--
SHANE DONALDSONDirector-$0--
KRISTEN THOMPSONDirector-$0--
SCOTT CRAVERDirector-$0--
MIKE ECKERTDirector-$0--
NITESH K SAPRADirector-$0--
GARY MILLSDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$104,026$104,026$24,165$79,861
Total Events$104,026$104,026$24,165$79,861
Filing and Contact Details

Filer

Filer Name
Sounding Joy Inc
EIN
87-2361933
Phone
8135261870
Address
330 3RD STREET SOUTH 1706, ST PETERSBURG, FL 33701

Signing Officer

Name
Roy Rafalco
Title
Treasurer
Phone
8132151815
Signed
2024-10-28
Discuss with paid preparer
Yes

Preparer

Firm
Rivero Gordimer & Company Pa
Address
201 N FRANKLIN ST SUITE 2200, TAMPA, FL 33602
Preparer
Sam a Lazzara
Phone
8138757774
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: other income. Amount: 413.

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

Description: marketing. Amount: 2,757. Description: other g&a. Amount: 6,411. Description: amortization expense. Amount: 46. Description: program services - medical devices . Amount: 17,226. Description: travel. Amount: 4,012. Total to form 990-ez, line 16: 30,452.

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

Description: trademark. Beg. Of year amount: 642. End of year amount: 596. Description: accounts receivable . Beg. Of year amount: 0. End of year amount: 0.

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

Description: accounts payable. Beg. Of year amount: 0. End of year amount: 5,500.

Raw XML Appendix192 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/PrimaryExemptPurposeTxt0TO IGNITE JOY BY PROVIDING HEARING AIDS TO CHILDREN WHOSE FAMILIES CAN'T AFFORD THEM SO THEY CAN REACH THEIR FULL POTENTIAL IN THEIR EDUCATION, THEIR CAREERS, THEIR RELATIONSHIPS, AND THEIR LIVES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: MARKETING. AMOUNT: 2,757. DESCRIPTION: OTHER G&A. AMOUNT: 6,411. DESCRIPTION: AMORTIZATION EXPENSE. AMOUNT: 46. DESCRIPTION: PROGRAM SERVICES - MEDICAL DEVICES . AMOUNT: 17,226. DESCRIPTION: TRAVEL. AMOUNT: 4,012. TOTAL TO FORM 990-EZ, LINE 16: 30,452.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: TRADEMARK. BEG. OF YEAR AMOUNT: 642. END OF YEAR AMOUNT: 596. DESCRIPTION: ACCOUNTS RECEIVABLE . BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 0.
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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.
ReturnHeader/BuildTS02024-10-15 13:58:12Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08132151815
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOUNDING JOY INC
ReturnHeader/Filer/BusinessNameControlTxt0SOUN
ReturnHeader/Filer/EIN0872361933
ReturnHeader/Filer/PhoneNum08135261870
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ReturnHeader/Filer/USAddress/CityNm0ST PETERSBURG
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ReturnHeader/Filer/USAddress/ZIPCd033701
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0593040705
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RIVERO GORDIMER & COMPANY PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0201 N FRANKLIN ST SUITE 2200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TAMPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033602
ReturnHeader/PreparerPersonGrp/PhoneNum08138757774
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SAM A LAZZARA
ReturnHeader/ReturnTs02024-11-20T07:36:28-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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