Rhythm Of Life Inc
- Assets
- $11.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Vineyard Haven, MA
- Founding
- 12/1995
- Data as of
- 09/2021
- EIN
- 04-3285973
Organization Overview
Rhythm Of Life Inc is located in Vineyard Haven, MA. The organization was established in 1995. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rhythm Of Life Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, Rhythm Of Life Inc generated $43.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (12.7%) each year. All expenses for the organization totaled $66.9k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
DRUM WORKSHOPS FOR ALL AGES AND GROUPS. NUMBER SERVED APPROXIMATELY 3000.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Bausman Director | 40 | $10,000 | |
Anthony Esposito Treasurer | 2 | $0 | |
Jonathan Bernstein President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,691 |
| Total Program Service Revenue | $28,401 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $43,094 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,165 |
| Professional fees and other payments to independent contractors | $2,938 |
| Occupancy, rent, utilities, and maintenance | $8,446 |
| Printing, publications, postage, and shipping | $139 |
| Other expenses | $44,222 |
| Total expenses | $66,910 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,340 |
| Other assets | $0 |
| Total assets | $11,791 |
| Total liabilities | $26,514 |
| Net assets or fund balances | -$14,723 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Rhythm Of Life Inc has recieved totaling $120,400.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $60,200 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $60,200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jumoke Academy Inc Hartford, CT | $8,246,246 | $11,046,484 |
Yeshiva Tiferes Yisroel Brooklyn, NY | $12,406,666 | $10,084,609 |
Metropolitan Montessori School New York, NY | $29,899,366 | $8,129,408 |
The Bement School Inc Deerfield, MA | $22,940,290 | $8,963,162 |
University Urology Inc Buffalo, NY | $263,782 | $9,014,963 |
The New Life Child Development Center Inc Brooklyn, NY | $2,502,824 | $9,022,777 |
Solomon Schechter Day School Of Nassau County Williston Park, NY | $2,812,107 | $7,961,287 |
Japanese Educational Institute Of New York New Rochelle, NY | $17,178,023 | $7,604,311 |
Shining Hope For Communities Inc New York, NY | $42,723,081 | $30,462,819 |
Hebrew Educational Society Of Brooklyn Brooklyn, NY | $10,100,072 | $10,549,475 |
Geneva School Of Manhattan New York, NY | $12,693,801 | $8,025,908 |
Lulac Head Start Inc New Haven, CT | $9,754,249 | $9,404,982 |