Sound Initiative Inc C/o Dm Airports Ltd
Nonprofit profile at a glance
- EIN
- 061727545
- IRS 990-EZ coverage
- 2010–2015
- Forms available
- Form 990-EZ 2015
- Location
- Morristown, NJ, USA
- Phone
- 9735383366
- Rating confidence
- Limited
- Sector
- Pollution Abatement and Control Services
Reported finances
- Expenses
- $4,833
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.
Leadership & pay
2 people listed
People named in this filing
- WILLIAM G BARKHAUER (TRUSTEE)
- ROBERT L BOGAN (TRUSTEE)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Promoting the common good of communities located near airports that are affected by high noise levels from stage 1 and stage 2 aircraft
What it reported doing in 2015
Limiting the flights of stage 1 & stage 2 aircraft over residential neighborhoods
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 14
- Transparency & Controls: 82
- Sustainability: 10
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 38%; rating input score 38
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 0; rating input score 12; 12th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 52; 52nd percentile among comparable filings
Growth
- Program expense growth: -10.4% per year; rating input score 0; 60th percentile among comparable filings
- Revenue growth: 142.9% per year; rating input score 100; 98th percentile among comparable filings
- Asset growth: -28.7% per year; rating input score 0; 35th percentile among comparable filings
Details
- Where the money goes: 38% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $2K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 3 of 3 current checks pass
- Schedules: 2 filed schedules
- Filing history: 6 filing years from 2010 to 2015
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Program expense ratio scored 38/100.
- High — Sustainability: Total-asset coverage ratio scored 12/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 52/100.