Songs Of Love Foundation
- Assets
- $1.7m
- Revenue
- $546.6k
- Investments
- $0.0
- Employees
- 2
- Location
- Forest Hills, NY
- Founding
- 07/1996
- Data as of
- 12/2021
- EIN
- 11-3314191
Organization Overview
Songs Of Love Foundation is located in Forest Hills, NY. The organization was established in 1996. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, under the broad grouping of Human Services and related organizations. As of 12/2021, Songs Of Love Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Songs Of Love Foundation 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 12/2021, Songs Of Love Foundation generated $546.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $570.2k during the year ending 12/2021. While expenses have increased by 7.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ITS MISSION IS TO BRING JOY AND COMFORT, LAUGHTER AND HEALING TO CHILDREN AND YOUNG ADULTS WHO ARE CHRONICALLY OR TERMINALLY ILL. IT DOES SO THROUGH PERSONALIZED SONGS THAT HONOR THE CHILD. ITS MOTTO IS: THE MEDICINE OF MUSIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM PROVIDES INDIVIDUALLY PERSONALIZED SONGS FOR CHRONICALLY ILL CHILDREN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Beltzer CEO | OfficerTrustee | 40 | $145,000 |
Richard Berardi Board Presid | OfficerTrustee | 1 | $0 |
Jeff Baltimore Board Member | Trustee | 0.5 | $0 |
Anthony Carrion Board Member | Trustee | 0.5 | $0 |
Scott Curran Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $68,475 |
| Related organizations | $0 |
| Government grants | $40,304 |
| All other contributions, gifts, grants, and similar amounts not included above | $425,396 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $534,175 |
| Total Program Service Revenue | $0 |
| Investment income | $11,893 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$2,734 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $546,584 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $145,000 |
| Compensation of current officers, directors, key employees. | $7,250 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $66,366 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $37,120 |
| Payroll taxes | $16,489 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $29,260 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $43,664 |
| Advertising and promotion | $35,692 |
| Office expenses | $32,580 |
| Information technology | $9,319 |
| Royalties | $0 |
| Occupancy | $967 |
| Travel | $6,298 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $386 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,900 |
| Insurance | $7,009 |
| All other expenses | $0 |
| Total functional expenses | $570,241 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,569,961 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,759 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $39,668 |
| Net Land, buildings, and equipment | $3,485 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $49,184 |
| Total assets | $1,668,057 |
| Accounts payable and accrued expenses | $27,298 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $39,495 |
| Total liabilities | $66,793 |
| Net assets without donor restrictions | $1,601,264 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,668,057 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Songs Of Love Foundation has recieved totaling $67,206.
| Awarding Organization | Amount |
|---|---|
American Legion Child Welfare Foundation Inc Indianapolis, IN PURPOSE: GENERAL SUPPORT | $25,000 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $12,860 |
Nailba Charitable Foundation Fairfax, VA PURPOSE: Assist programs in the communities | $10,000 |
Karen Stirling Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
Raymond James Charitable Endowment Fund St Petersberg, FL PURPOSE: GENERAL SUPPORT | $7,500 |
The Kaltman Family Foundation Old Westbury, NY PURPOSE: EXEMPT PURPOSE | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sharp Charitable Tr Newton, MA | $8,222,395 | $1,860,011 |
Sheetz Family Charities Inc Altoona, PA | $8,145,405 | $4,240,002 |
Ryans Case For Smiles Wayne, PA | $1,412,033 | $1,300,303 |
Kollel Bais Yisrael Brooklyn, NY | $246,843 | $998,434 |
Bais Eluzer Fund Monroe, NY | $1,452,032 | $712,379 |
Little Essentials Brooklyn, NY | $330,194 | $693,584 |
Bundles Of Joy New York Inc Bronxville, NY | $395,317 | $592,898 |
Balakian Family Foundation Tenafly, NJ | $0 | -$1,634 |
Joyce Hergenhan Private Foundation Fairfield, CT | $4,037,389 | $229,293 |
Songs Of Love Foundation Forest Hills, NY | $1,668,057 | $546,584 |
Clark Gillies Foundation Farmingdale, NY | $420,107 | $657,215 |
Juvenile Diabetes Cure Alliance New York, NY | $104,904 | $568,991 |