Nonprofit · EIN 13-3719307
SOUND BUSINESS INC
Tax-exempt · NEWTOWN, PA 18940
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990-EZ | $196,715 | $231,121 | -$34,406 | $6,279 | $315,921 | -$309,642 |
| September 30, 2024 | 990-EZ | $178,021 | $162,484 | $15,537 | $3,623 | $278,859 | -$275,236 |
| September 30, 2023 | 990-EZ | $113,449 | $171,905 | -$58,456 | $7 | $290,780 | -$290,773 |
Financial details: 990-EZ for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $97,742
- Program service revenue
- $70,858
- Other revenue
- $28,115
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $120,457
- Professional fees and payments to contractors
- $27,672
- Printing, publications and postage
- $190
- Other expenses
- $82,802
Balance sheet and other
- Total assets, start of year
- $3,623
- Total assets, end of year
- $6,279
- Total liabilities, end of year
- $315,921
- Net assets, end of year
- -$309,642
- Cash, savings and investments
- $6,096
- Gross receipts
- $196,715
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES THOMPSON | DIRECTOR OF ADVANCEMENT | 23 | $0 |
| STEPHEN B RYCROFT | PRESIDENT | 1 | $0 |
| ALEXANDER CANATE | MEMBER | 0 | $0 |
| BRIAN LEE | MEMBER | 0.7 | $0 |
| CAMERON TOTH | MEMBER | 1.6 | $0 |
| MWANZA LUMUMBA | MEMBER | 1 | $0 |
| NIA ROCK | TREASURER | 0.3 | $0 |
| SADEEK WALKER | SECRETARY | 0.2 | $0 |
| SARAI KEARSE | MEMBER | 0.2 | $0 |
| WILFREDO DEJESUS | MEMBER | 1 | $0 |
990-EZ for the year ended September 30, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES THOMPSON | DIRECTOR OF ADVANCEMENT | 23 | $0 |
| STEPHEN B RYCROFT | PRESIDENT | 1 | $0 |
| CAMERON TOTH | MEMBER | 1.6 | $0 |
| MWANZA LUMUMBA | MEMBER | 1 | $0 |
| NIA ROCK | TREASURER | 0.3 | $0 |
| WILFREDO DEJESUS | MEMBER | 1 | $0 |
| SADEEK WALKER | SECRETARY | 0.2 | $0 |
| BRIAN LEE | MEMBER | 0.7 | $0 |
| SARAI KEARSE | MEMBER | 0.2 | $0 |
| ALEXANDER CANATE | MEMBER | 0 | $0 |
990-EZ for the year ended September 30, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES THOMPSON | DIRECTOR OF ADVANCEMENT | 6 | $0 |
| STEPHEN B RYCROFT | PRESIDENT | 1 | $0 |
| CAMERON TOTH | MEMBER | 2 | $0 |
| MWANZA LUMUMBA | MEMBER | 1 | $0 |
| NIA ROCK | TREASURER | 0.3 | $0 |
| WILFREDO DEJESUS | MEMBER | 1 | $0 |
| SADEEK WALKER | SECRETARY | 0.3 | $0 |
| BRIAN LEE | MEMBER | 0.3 | $0 |
| SARAI KEARSE | MEMBER | 0.3 | $0 |
| ALEXANDER CANATE | MEMBER | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 20 TERRY DR UNIT 1522, NEWTOWN, PA 18940-4973
- In care of
- % CHARLES THOMPSON
- Mailing address (990-N for 2009)
- 315 East 14th Street, Suite 5 B, New York NY 10003
- Principal officer (990-N for 2009)
- Charles Thompson, 315 East 14th Street, Suite 5 B, New York NY 10003
- Signed the 990-EZ
- CHARLES THOMPSON, EXECUTIVE DIRECTOR
- Phone
- (212) 283-5545
- Website
- WWW.SOUNDBUSINESS.ORG
- Return prepared by
- MURRAY & JOSEPHSON CPAS LLC
Mission
SOUND BUSINESS, INC. (SBI) IS AN INDEPENDENT, NOT-FOR-PROFIT EDUCATION SERVICES CORPORATION THAT OFFERS PUBLICLY EDUCATED NEW YORK CITY HIGH SCHOOL STUDENTS AN OPPORTUNITY TO PREPARE THEMSELVES FOR THE PURSUIT OF PROFESSIONAL CAREERS.
Program accomplishments
- SOUND BUSINESS, INC. (SBI) IS AN INDEPENDENT, NOT-FOR-PROFIT EDUCATION SERVICES CORPORATION THAT OFFERS PUBLICLY EDUCATED NEW YORK CITY HIGH SCHOOL STUDENTS AN OPPORTUNITY TO PREPARE THEMSELVES FOR THE PURSUIT OF PROFESSIONAL CAREERS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990-EZ on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990-EZ on file |
IRS record
- EIN
- 13-3719307
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1993
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B60I)
- Assets (IRS master file)
- $6,279
- Income (IRS master file)
- $196,715
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | September 2025 | $196,715 | $231,121 | $6,279 | XML |
| 990-EZ | September 2024 | $178,021 | $162,484 | $3,623 | XML |
| 990-EZ | September 2023 | $113,449 | $171,905 | $7 | XML |
| 990-EZ | September 2022 | – | – | – | IRS |
| 990-EZ | September 2021 | – | – | – | IRS |
| 990-EZ | September 2020 | – | – | – | IRS |
| 990-EZ | September 2019 | – | – | – | IRS |
| 990-EZ | September 2018 | – | – | – | IRS |
| 990-N for 2009 Officer: Charles Thompson | September 30, 2010 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-3719307).
Questions about SOUND BUSINESS INC
- What is the EIN of SOUND BUSINESS INC?
- The employer identification number (EIN) of SOUND BUSINESS INC is 13-3719307.
- Is SOUND BUSINESS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
- Are donations to SOUND BUSINESS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SOUND BUSINESS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SOUND BUSINESS INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SOUND BUSINESS INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended September 2025.
- Who is the principal officer of SOUND BUSINESS INC?
- The 990-N for 2009 names Charles Thompson.
- Who are the officers and directors of SOUND BUSINESS INC?
- The 990-EZ for the year ended September 30, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does SOUND BUSINESS INC have?
- On its 990-EZ for the year ended September 30, 2025 it reported revenue of $196,715, expenses of $231,121 and total assets of $6,279 at year end.
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