Civic Intelligence

Young Classical Soloist Inc.

990 • Fiscal year 2022 • EIN 88-1267026

Jan 01, 2022 to Dec 31, 2022 • Filed on May 15, 2023

6145 230th St FL 2Oakland Gardens, NY 11364

(718) 352-0884

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.98x

Higher debt load relative to assets than 92% of similar nonprofits.

2022 filings • NTEE A20 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

84th percentile

0.23x

Higher debt load relative to revenue than 84% of similar nonprofits.

2022 filings • NTEE A20 • <$500k nonprofits • Source year 2022

Net Margin

38th percentile

0.5%

Higher net margin than 38% of similar nonprofits.

2022 filings • NTEE A20 • <$500k nonprofits • Source year 2022

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.

2022 filings • NTEE A20 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

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

Source year 2022

Revenue Growth

Score unavailable

No value available

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

Source year 2022

Assets

$2,621

No earlier filing loaded for comparison.

Net Assets

$50

No earlier filing loaded for comparison.

Liabilities

$2,571

No earlier filing loaded for comparison.

Revenue

$11,104

No earlier filing loaded for comparison.

Expenses

$11,054

No earlier filing loaded for comparison.

Net Income

$50

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$4.0K$3.0K$2.0K$1.0K$0Assets 2022: $2,621Liabilities 2022: $2,571Net Assets 2022: $502022Assets 2023: $3,141Liabilities 2023: $2,527Net Assets 2023: $6142023

Highlighted filing

2022

Assets$2,621
Liabilities$2,571
Net Assets$50

Operations Trend

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

$15K$10K$5.0K$0Revenue 2022: $11,104Expenses 2022: $11,054Net Income 2022: $502022Revenue 2023: $11,175Expenses 2023: $10,611Net Income 2023: $5642023

Highlighted filing

2022

Revenue$11,104
Expenses$11,054
Net Income$50
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 15, 2023
Return Version
2022v5.0
Gross Receipts
$11,104
Mission and Program Overview

Mission

The purpose of young classical soloist, inc. Is to nurture young musicians and to let them experience joy and bliss by serving the society with their musicality.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$2,621-
Total Assets$0$2,621▲ $2,621
Liabilities
Unsecured Notes Loans Payable-$2,500-
Accounts Payable and Accrued Expenses-$71-
Total Liabilities$0$2,571▲ $2,571
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$50-
Total Net Assets Fund Balance$0$50▲ $50
Total Liabilities and Net Assets / Fund Balance$0$2,621▲ $2,621
Compensation and Service Providers

Board Members and Trustees

NameTitle
Yosub KimDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$10,804
Investment Income
$0
Other Revenue
$300
Change in Net Assets
$50
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,369
Grants and Similar Amounts Paid$4,685
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$4,685--$4,685
Office Expenses$4,053--$4,053
Travel$1,646--$1,646
Advertising$670--$670
Total Functional Expenses$11,054$0$0$11,054
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Young Classical Soloist Inc
EIN
88-1267026
Address
6145 230TH ST FL 2, OAKLAND GARDENS, NY 11364

Signing Officer

Name
Yosub Kim
Title
Director
Signed
2023-05-15

Organization Details

Principal Officer
Yosub Kim
Formed
2022
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
David Shin CPA Pc
Address
21814 NORTHERN BLVD STE 108, BAYSIDE, NY 11361-3580
Preparer
David Shin
Phone
7183520884
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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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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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Filings