Civic Intelligence

Sound of Children

EIN 88-1784172 • 501(c)3 • Los Angeles, CA

Pub. 78 Eligible

Profile

Cultural and musical education for children

700 E 6th StLos Angeles, CA 90021

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

38th percentile

-3.9%

Higher net margin than 38% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

39th percentile

-11%

Faster asset growth than 39% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

65th percentile

11%

Faster revenue growth than 65% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$128,378

Down $15,859 (-11%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$128,378

Down $15,859 (-11%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin38th percentile

Revenue

Up

$405,617

Up $39,798 (+11%) from 2023

Expenses

Up

$421,476

Up $88,001 (+26%) from 2023

Net Income

Down

-$15,859

Down $48,203 (-149%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth39th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2022: $111,893Liabilities 2022: $0Net Assets 2022: $111,8932022Assets 2023: $144,237Liabilities 2023: $0Net Assets 2023: $144,2372023Assets 2024: $128,378Liabilities 2024: $0Net Assets 2024: $128,3782024

Highlighted filing

2024

Assets$128,378
Liabilities$0
Net Assets$128,378
Open 2024 Filing

Operations Trend

Revenue Growth65th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2022: $517,838Expenses 2022: $405,945Net Income 2022: $111,8932022Revenue 2023: $365,819Expenses 2023: $333,475Net Income 2023: $32,3442023Revenue 2024: $405,617Expenses 2024: $421,476Net Income 2024: -$15,8592024

Highlighted filing

2024

Revenue$405,617
Expenses$421,476
Net Income-$15,859
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$128,378
Liabilities
$0
Net assets
$128,378
Revenue
$405,617
Expenses
$421,476
Net income
-$15,859
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.28$0.00$1.28$4.06$4.21$0.16
2023Detailed filing. Detailed filing data is available for this year.$1.44$0.00$1.44$3.66$3.33$0.32
2022Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.12$5.18$4.06$1.12
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 15, 2025
Return Version
2024v5.2
Gross Receipts
$405,617
Mission and Program Overview

Mission

Cultural and musical education for children

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$144,237$128,378▼ $15,859
Total Assets$144,237$128,378▼ $15,859
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$144,237$128,378▼ $15,859
Total Net Assets Fund Balance$144,237$128,378▼ $15,859
Total Liabilities and Net Assets / Fund Balance$144,237$128,378▼ $15,859
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Karapet KavoukjianPresident
Sirvart KavoukjianVice President
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$405,617
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-15,859
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$269,065
Salaries, Compensation, and Employee Benefits$152,411
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$150,829$0$0$150,829
All Other Expenses$50,269$8,806$0$59,075
Advertising$0$23,088$0$23,088
Other Expenses$18,795$0$0$18,795
Insurance$0$3,116$0$3,116
Fees for Services Accounting$0$2,210$0$2,210
Payroll Taxes$0$1,582$0$1,582
Total Functional Expenses$261,705$159,771$0$421,476
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
Filing and Contact Details

Filer

Filer Name
Sound of Children
EIN
88-1784172
Phone
8189748099
Address
700 E 6TH ST, LOS ANGELES, CA 90021

Signing Officer

Name
Karapet Kavoukjian
Title
President
Phone
8189748099
Signed
2025-04-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karapet Kavoukjian
Formed
2022
Legal Domicile
CA
Voting Board Members
2
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Tataryan & Gharibian Inc
Address
327 ARDEN AVE STE 103, GLENDALE, CA 91203
Preparer
Ted Tataryan
Phone
8186962777
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The form 990 was provided to all members and was approved before e filing.”

Form 990, Part IX, Line 24E

“Merchant service fees 3330. 0. 3330. 0.”

Form 990, Part IX, Line 24E

“Licenses 1153. 0. 1153. 0.”

Form 990, Part IX, Line 24E

“Bank charges 186. 0. 186. 0.”

Form 990, Part IX, Line 24E

“Program costs 50269. 50269. 0. 0.”

Form 990, Part IX, Line 24E

“Repairs 4137. 0. 4137. 0.”

Raw XML Appendix270 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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