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Crescendo Competitions Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Arts, Culture and Humanities / Music (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$1.16M (2023)

Expenses
$1.14M (2023)

Total Assets
$702k (2023)

Total Liabilities
$476k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,160,824
Expenses
$1,136,606
Net Income
$24,218
Net Assets
$226,319
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,160,784
100.0%
Investment Income $40
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $701,856
Total Liabilities $475,537
Net Assets $226,319
Compensation
Key Employees and Officers Compensation Related Other
Alex Babayev (President) $320,000 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$691,511
Expenses
$680,503
Net Income
$11,008
Net Assets
$202,101
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $691,511
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $537,554
Total Liabilities $335,453
Net Assets $202,101
Compensation
Key Employees and Officers Compensation Related Other
Alex Babayev (President) $165,000 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$346,706
Expenses
$416,086
Net Income
-$69,380
Net Assets
$126,368
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $346,706
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $130,312
Total Liabilities $3,944
Net Assets $126,368
Compensation
Key Employees and Officers Compensation Related Other
Alex Babayev (President) $120,000 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$542,569
Expenses
$559,609
Net Income
-$17,040
Net Assets
$195,748
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $542,569
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $120,000
21.4%
Professional Fundraising Fees $0
Other Salaries and Wages $10,500
1.9%
Assets/Debt
Total Assets $199,564
Total Liabilities $3,816
Net Assets $195,748
Compensation
Key Employees and Officers Compensation Related Other
Alex Babayev (President) $120,000 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$789,191
Expenses
$637,965
Net Income
$151,226
Net Assets
$212,788
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $789,141
100.0%
Investment Income $50
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $130,000
20.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $438,572
Total Liabilities $225,784
Net Assets $212,788
Compensation
Key Employees and Officers Compensation Related Other
Alex Babayev (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$686,299
Expenses
$621,205
Net Income
$65,094
Net Assets
$157,288
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $686,299
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $71,000
11.4%
Professional Fundraising Fees $0
Other Salaries and Wages $1,300
0.2%
Assets/Debt
Total Assets $164,968
Total Liabilities $7,680
Net Assets $157,288
Compensation
Key Employees and Officers Compensation Related Other
Alex Babayev (President) $71,000 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$458,805
Expenses
$386,874
Net Income
$71,931
Net Assets
$92,194
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $458,805
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $83,000
21.5%
Professional Fundraising Fees $0
Other Salaries and Wages $10,200
2.6%
Assets/Debt
Total Assets $115,394
Total Liabilities $23,200
Net Assets $92,194
Compensation
Key Employees and Officers Compensation Related Other
Alex Babayev (President) $53,000 $0 $0
Alla Iovel (Vice President) $17,500 $0 $0
Lev Iovel (Secretary) $12,500 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$255,372
Expenses
$330,846
Net Income
-$75,474
Net Assets
$20,264
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $255,372
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $120,320
36.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $20,264
Total Liabilities $0
Net Assets $20,264
Compensation
Key Employees and Officers Compensation Related Other
Alex Babayev (President) $48,320 $0 $0
Alla Iovel (Vice President) $42,000 $0 $0
Lev Iovel (Secretary) $30,000 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$416,780
Expenses
$342,249
Net Income
$74,531
Net Assets
$95,738
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $416,780
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $96,000
28.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $95,738
Total Liabilities $0
Net Assets $95,738
Compensation
Key Employees and Officers Compensation Related Other
Alex Babayev (President) $38,400 $0 $0
Alla Iovel (Vice President) $33,600 $0 $0
Lev Iovel (Secretary) $24,000 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$311,755
Expenses
$296,218
Net Income
$15,537
Net Assets
$21,207
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $311,755
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $95,000
32.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $21,207
Total Liabilities $0
Net Assets $21,207
Compensation
Key Employees and Officers Compensation Related Other
Alex Babayev (President) $38,000 $0 $0
Alla Iovel (Vice President) $33,250 $0 $0
Lev Iovel (Secretary) $23,750 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$222,953
Expenses
$268,961
Net Income
-$46,008
Net Assets
$5,670
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $222,953
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $64,050
23.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,670
Total Liabilities $0
Net Assets $5,670

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$241,776
Expenses
$229,194
Net Income
$12,582
Net Assets
$50,678
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $241,776
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $30,000
13.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $50,678
Total Liabilities $0
Net Assets $50,678

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$251,063
Expenses
$223,769
Net Income
$27,294
Net Assets
$38,096
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $251,063
100%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $38,096
Total Liabilities $0
Net Assets $38,096

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

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Types of Nonprofits

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