Civic Intelligence

Major Chords for Minors

EIN 90-0624610 • 501(c)3 • Saginaw, MI

Profile

Provide music instruction

403 S JeffersonSaginaw, MI 48601

n/A

Siviq Scores

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

Liabilities / Assets

90th percentile

0.66x

Higher debt load relative to assets than 90% of similar nonprofits.

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

Liabilities / Revenue

81st percentile

0.08x

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

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

Net Margin

51st percentile

1.9%

Higher net margin than 51% of similar nonprofits.

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

Top Officer Pay

96th percentile

$37,645

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 33.2% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

85th percentile

43%

Faster asset growth than 85% of similar nonprofits.

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

Revenue Growth

78th percentile

30%

Faster revenue growth than 78% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets90th percentile

Assets

Up

$17,775

Up $5,313 (+43%) from 2022

Liabilities

Up

$11,728

Up $450 (+4.0%) from 2022

Net Assets

-

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue81st percentileNet Margin51st percentile

Revenue

Up

$147,342

Up $33,878 (+30%) from 2022

Expenses

Up

$144,519

Up $4,973 (+3.6%) from 2022

Net Income

Up

$2,823

Up $28,905 (+111%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth85th percentile

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

$60K$40K$20K$0Assets 2014: $26,246Liabilities 2014: $02014Assets 2015: $24,906Liabilities 2015: $5,511Net Assets 2015: $19,3952015Assets 2016: $35,798Liabilities 2016: $807Net Assets 2016: $34,9912016Assets 2017: $38,812Liabilities 2017: $1,238Net Assets 2017: $37,5742017Assets 2018: $40,480Liabilities 2018: $0Net Assets 2018: $40,4802018Assets 2019: $30,411Liabilities 2019: $02019Assets 2020: $21,978Net Assets 2020: $21,9782020Assets 2021: $27,266Liabilities 2021: $02021Assets 2022: $12,462Liabilities 2022: $11,278Net Assets 2022: $1,1842022Assets 2023: $17,775Liabilities 2023: $11,7282023

Highlighted filing

2023

Assets$17,775
Liabilities$11,728
Net Assets-
Open 2023 Filing

Operations Trend

Revenue Growth78th percentile

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

$300K$200K$100K$0-$100KRevenue 2014: $71,162Expenses 2014: $65,787Net Income 2014: $5,3752014Revenue 2015: $103,605Expenses 2015: $110,456Net Income 2015: -$6,8512015Revenue 2016: $175,944Expenses 2016: $160,348Net Income 2016: $15,5962016Revenue 2017: $204,678Expenses 2017: $201,850Net Income 2017: $2,8282017Revenue 2018: $190,016Expenses 2018: $187,110Net Income 2018: $2,9062018Revenue 2019: $160,555Expenses 2019: $155,941Net Income 2019: $4,6142019Revenue 2020: $107,958Expenses 2020: $116,391Net Income 2020: -$8,4332020Revenue 2021: $104,980Expenses 2021: $99,692Net Income 2021: $5,2882021Revenue 2022: $113,464Expenses 2022: $139,546Net Income 2022: -$26,0822022Revenue 2023: $147,342Expenses 2023: $144,519Net Income 2023: $2,8232023

Highlighted filing

2023

Revenue$147,342
Expenses$144,519
Net Income$2,823
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZSummary only. Only limited summary data is available for this year.

Open filing
Assets
$17,775
Liabilities
$11,728
Net assets
-
Revenue
$147,342
Expenses
$144,519
Net income
$2,823
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$0.18$0.12$1.47$1.45$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.12$0.11$0.01$1.13$1.40$0.26
2021Summary only. Only limited summary data is available for this year.$0.27$0.00$1.05$1.00$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.22$0.22$1.08$1.16$0.08
2019Summary only. Only limited summary data is available for this year.$0.30$0.00$1.61$1.56$0.05
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.00$0.40$1.90$1.87$0.03
2017Summary only. Only limited summary data is available for this year.$0.39$0.01$0.38$2.05$2.02$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.36$0.01$0.35$1.76$1.60$0.16
2015Detailed filing. Detailed filing data is available for this year.$0.25$0.06$0.19$1.04$1.10$0.07
2014Summary only. Only limited summary data is available for this year.$0.26$0.00$0.71$0.66$0.05
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 13, 2023
Return Version
2022v5.0
Gross Receipts
$113,464
Mission and Program Overview

Mission

Provide music instruction

Building better children thru music

Program Services

DescriptionGrantsExpenses
Taught disadvantaged children music appreciation and private instruction without fee$0$76,250
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lisa KellyDirectorPT$37,645-$37,645
Loren KranzInstructorPT$33,144-$33,144
Brad DonleyInstructorPT$18,479-$18,479
Ben DonleyInstructorPT$13,800-$13,800
Filing and Contact Details

Filer

Filer Name
Major Chords for Minors
EIN
90-0624610
In Care Of
% Katrina Vowell
Address
403 S JEFFERSON, SAGINAW, MI 48601

Signing Officer

Name
Lisa Kelly
Title
Director
Signed
2023-11-13
Discuss with paid preparer
No

Preparer

Firm
JW Bookkeeping Services
Address
2805 Dawn Drive, Midland, MI 48642
Preparer
Jillian Wigren
Phone
8103590048
Supplemental Narrative

Additional Explanations

Part I, line 16

“| Other Expenses:, Amount:| Bank Charges, $83| Business Expenses, $15| Registration Fee Memberships, $569| Computer Programs Equipment, $1539| Car Insurance, $555| Marketing Advertising, $1810| Meals Entertainment, $80| Musical Equipment Instruments, $4436| Supplies, $364| Telephone, $4579| Website Development, $236| Insurance-Liability, $1745| Payment processing fees, $190| Penalty Expenses, $80| Travel and Meetings, $127| Office Supplies, $531|”

Part II, line 24

“| Explanation:, BOYAmount:, EOYAmount:| ACCUMULATED DEPRECIATION; FURNITURE & EUIPMENT; INVENTORY ASSET, $12021, $12021|”

Part II, line 26

“| Explanation:, BOYAmount:, EOYAmount:| Loan from director, $0, $596| Payroll tax liabilities, $0, $10682|”

Raw XML Appendix176 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/PersonNm0JW Bookkeeping Services
IRS990EZ/BooksInCareOfDetail/PhoneNum09893590048
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02805 Dawn Drive
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Midland
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd048642
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt015245
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0441
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0109464
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-26082
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt054319
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt027266
IRS990EZ/Form990TotalAssetsGrp/EOYAmt012462
IRS990EZ/FundraisingGrossIncomeAmt04000
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0113464
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt027266
IRS990EZ/NetAssetsOrFundBalancesEOYAmt01184
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt027266
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt01184
IRS990EZ/OccupancyRentUtltsAndMaintAmt04000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt012
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt130
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt212
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt310
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt033144
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt137645
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt218479
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt313800
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Loren Kranz
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Lisa Kelly
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Brad Donley
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Ben Donley
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Instructor
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Instructor
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Instructor
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt012021
IRS990EZ/OtherAssetsTotalDetail/EOYAmt012021
IRS990EZ/OtherExpensesTotalAmt016939
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Building better children thru music
IRS990EZ/PrintingPublicationsPostageAmt01110
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Taught disadvantaged children music appreciation and private instruction without fee
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt076250
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt063178
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt04000
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MI
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt011278
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0139546
IRS990EZ/TotalProgramServiceExpensesAmt076250
IRS990EZ/TotalRevenueAmt0113464
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.MAJORCHORDSFORMINORS.ORG
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0| Year:, Amount:, Description:| 2018, , | 2019, 3468| 2020, | 2021, | 2022, |
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part II - Line 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0101185
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0105921
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0105958
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0157087
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt083017
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0553168
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt03468
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt03468
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.9938
IRS990ScheduleA/PublicSupportPY170Pct00.9946
IRS990ScheduleA/PublicSupportTotal170Amt0553168
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0101185
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0105921
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0105958
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0157087
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt083017
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0553168
IRS990ScheduleA/TotalSupportAmt0556636
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Expenses:, Amount:| Bank Charges, $83| Business Expenses, $15| Registration Fee Memberships, $569| Computer Programs Equipment, $1539| Car Insurance, $555| Marketing Advertising, $1810| Meals Entertainment, $80| Musical Equipment Instruments, $4436| Supplies, $364| Telephone, $4579| Website Development, $236| Insurance-Liability, $1745| Payment processing fees, $190| Penalty Expenses, $80| Travel and Meetings, $127| Office Supplies, $531|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Explanation:, BOYAmount:, EOYAmount:| ACCUMULATED DEPRECIATION; FURNITURE & EUIPMENT; INVENTORY ASSET, $12021, $12021|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Explanation:, BOYAmount:, EOYAmount:| Loan from director, $0, $596| Payroll tax liabilities, $0, $10682|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part II, line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II, line 26
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Lisa Kelly
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MAJOR CHORDS FOR MINORS
ReturnHeader/Filer/BusinessNameControlTxt0MAJO
ReturnHeader/Filer/EIN0900624610
ReturnHeader/Filer/ForeignPhoneNum09897902000
ReturnHeader/Filer/InCareOfNm0% Katrina Vowell
ReturnHeader/Filer/USAddress/AddressLine1Txt0403 S JEFFERSON
ReturnHeader/Filer/USAddress/CityNm0SAGINAW
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048601
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0802255116
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JW Bookkeeping Services
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02805 Dawn Drive
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Midland
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048642
ReturnHeader/PreparerPersonGrp/PhoneNum08103590048
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jillian Wigren
ReturnHeader/ReturnTs02023-11-13T13:28:20-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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