Civic Intelligence

Harc Inc.

990 • Fiscal year 2022 • EIN 06-0710289

Jul 01, 2021 to Jun 30, 2022 • Filed on Oct 19, 2022

900 Asylum AvenueHartford, CT 06103

(860) 218-6000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

64th percentile

0.32x

Higher debt load relative to assets than 64% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

38th percentile

0.13x

Higher debt load relative to revenue than 38% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

70th percentile

19%

Higher net margin than 70% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

52nd percentile

$181,322

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

76th percentile

15%

Faster asset growth than 76% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

84th percentile

44%

Faster revenue growth than 84% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Up

$9,020,938

Up $1,181,138 (+15%) from 2021

Net Assets

Up

$6,175,413

Up $3,965,710 (+179%) from 2021

Liabilities

Down

$2,845,525

Down $2,784,572 (-49%) from 2021

Revenue

Up

$21,432,465

Up $6,537,808 (+44%) from 2021

Expenses

Up

$17,466,755

Up $668,060 (+4.0%) from 2021

Net Income

Up

$3,965,710

Up $5,869,748 (+308%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2010: $10,129,740Liabilities 2010: $3,447,290Net Assets 2010: $6,682,4502010Assets 2011: $10,909,645Liabilities 2011: $2,491,012Net Assets 2011: $8,418,6332011Assets 2012: $11,094,039Liabilities 2012: $2,493,758Net Assets 2012: $8,600,2812012Assets 2013: $10,329,268Liabilities 2013: $2,509,514Net Assets 2013: $7,819,7542013Assets 2014: $10,362,167Liabilities 2014: $2,487,717Net Assets 2014: $7,874,4502014Assets 2015: $5,651,897Liabilities 2015: $2,325,265Net Assets 2015: $3,326,6322015Assets 2016: $5,683,970Liabilities 2016: $2,676,086Net Assets 2016: $3,007,8842016Assets 2017: $6,149,391Liabilities 2017: $3,089,416Net Assets 2017: $3,059,9752017Assets 2018: $7,788,214Liabilities 2018: $3,382,399Net Assets 2018: $4,405,8152018Assets 2019: $7,243,262Liabilities 2019: $3,164,047Net Assets 2019: $4,079,2152019Assets 2020: $9,734,104Liabilities 2020: $5,620,363Net Assets 2020: $4,113,7412020Assets 2021: $7,839,800Liabilities 2021: $5,630,097Net Assets 2021: $2,209,7032021Assets 2022: $9,020,938Liabilities 2022: $2,845,525Net Assets 2022: $6,175,4132022Assets 2023: $9,286,921Liabilities 2023: $3,356,098Net Assets 2023: $5,930,8232023Assets 2024: $12,449,448Liabilities 2024: $4,633,261Net Assets 2024: $7,816,1872024Assets 2025: $14,666,985Liabilities 2025: $5,938,250Net Assets 2025: $8,728,7352025

Highlighted filing

2022

Assets$9,020,938
Liabilities$2,845,525
Net Assets$6,175,413

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0-$10MExpenses 2010: $16,636,1672010Expenses 2011: $15,898,2012011Expenses 2012: $16,164,5382012Revenue 2013: $15,565,462Expenses 2013: $16,525,257Net Income 2013: -$959,7952013Revenue 2014: $16,028,241Expenses 2014: $16,250,118Net Income 2014: -$221,8772014Revenue 2015: $15,624,840Expenses 2015: $15,963,288Net Income 2015: -$338,4482015Revenue 2016: $15,364,387Expenses 2016: $15,683,135Net Income 2016: -$318,7482016Revenue 2017: $15,760,155Expenses 2017: $15,708,064Net Income 2017: $52,0912017Revenue 2018: $16,649,917Expenses 2018: $15,304,077Net Income 2018: $1,345,8402018Revenue 2019: $16,844,719Expenses 2019: $17,171,319Net Income 2019: -$326,6002019Revenue 2020: $17,796,706Expenses 2020: $17,762,180Net Income 2020: $34,5262020Revenue 2021: $14,894,657Expenses 2021: $16,798,695Net Income 2021: -$1,904,0382021Revenue 2022: $21,432,465Expenses 2022: $17,466,755Net Income 2022: $3,965,7102022Revenue 2023: $19,266,027Expenses 2023: $19,510,617Net Income 2023: -$244,5902023Revenue 2024: $21,483,416Expenses 2024: $19,598,052Net Income 2024: $1,885,3642024Revenue 2025: $21,893,885Expenses 2025: $21,166,348Net Income 2025: $727,5372025

Highlighted filing

2022

Revenue$21,432,465
Expenses$17,466,755
Net Income$3,965,710
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Oct 19, 2022
Return Version
2021v4.0
Gross Receipts
$21,446,668
Mission and Program Overview

Mission

To help people with intellectual disability and their families enjoy lives of quality, inclusion and dignity by providing support, education and advocacy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$2,051,945$4,204,975▲ $2,153,030
Land, Buildings, and Equipment, Net$4,141,496$3,606,004▼ $535,492
Cash and Non-Interest-Bearing Accounts$1,400,165$922,464▼ $477,701
Prepaid Expenses and Deferred Charges$212,163$182,246▼ $29,917
Savings and Temporary Cash Investments$22,738--
Total Assets$7,839,800$9,020,938▲ $1,181,138
Other Assets Total$11,293$105,249▲ $93,956
Liabilities
Accounts Payable and Accrued Expenses$1,710,847$1,380,545▼ $330,302
Mortgage Notes Payable Secured by Investment Property$1,236,690$1,120,483▼ $116,207
Other Liabilities$2,567,327$229,264▼ $2,338,063
Deferred Revenue$115,233$115,233→ $0
Total Liabilities$5,630,097$2,845,525▼ $2,784,572
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,120,148$6,046,802▲ $3,926,654
Net Assets With Donor Restrictions$89,555$128,611▲ $39,056
Total Net Assets Fund Balance$2,209,703$6,175,413▲ $3,965,710
Total Liabilities and Net Assets / Fund Balance$7,839,800$9,020,938▲ $1,181,138

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,035,136$8,082,010$11,117,146
Equipment$234,063$1,796,137$2,030,200
Land$336,805-$336,805
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kenneth Cabral Thur May 2022President/ceFT$175,150$6,172$181,322
Kenneth Cabral Thur May 2022President/CEO-$175,150$6,172$181,322
Marian LeistInterim COOFT$99,629$9,777$109,406
Daniel S Mclaughlin CPAInterim PresFT$102,308-$102,308

Board Members and Trustees

NameTitle
Gregory CalnenBoard Chair
Christine Bolecek-skeggs PhdVice Chair
Dianne SoucyVice Chair
Jeffery M Ford CPAVice Chair
Linda NawrotVice Chair
Michelle JoyceVice Chair
Michael AndreiniVice Chair/s
Adam MarksBoard Member
Albert LogninBoard Member
Andrew WoodBoard Member
Bhupen N PatelBoard Member
Brandon McgeeBoard Member
Edward B SpinellaBoard Member
James W HeffernanBoard Member
John WeissBoard Member
MEGAN O'NEILBoard Member
Michael ColeBoard Member
Najib O HabeschBoard Member
Susan StauntonBoard Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Apex Cleaning Solutions LLCCleaning Serv.189 FERN ST, Manchester, CT 06040$215,909
Tecta America New England LLCRoof Repairs105 CHERRY ST, East Hartford, CT 06108$215,250
Delta-t Group Hartford INCTemporary StaffPO BOX 884, Bryn Mawr, PA 19010$186,777
Robert HalfTemporary Staff12400 COLLECTIONS CENTER DRIVE, Chicago, IL 60693$117,035
Revenue and Support

Revenue Composition

Contributions and Grants
$14,296,716
Program Service Revenue
$1,701,479
Investment Income
$2,331
Other Revenue
$5,431,939
All Other Contributions
$585,082
Change in Net Assets
$3,965,710

Audited Revenue Reconciliation

Revenue per Audited Statements
$21,432,465
Total Revenue per Audited Statements
$21,432,465
Total Revenue per Form 990
$21,432,465
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$13,403,127
Other Expenses$4,063,628
Total Fundraising Expense$456,897
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$9,581,397$575,499$291,474$10,448,370
Other Employee Benefits$1,408,985$157,640$43,968$1,610,593
Occupancy$776,348$227,912$13,212$1,017,472
Fees for Services Other$565,653$251,682$36,297$853,632
Payroll Taxes$721,440$80,716$22,513$824,669
Depreciation Depletion$68,702$520,380$4,095$593,177
Insurance$301,661$168,681$3,817$474,159
Current Officers, Directors, Trustees, and Key Employees-$395,629-$395,629
Office Expenses$118,813$52,425$6,936$178,174
Pension Plan Contributions$108,361$12,124$3,381$123,866
Fees for Services Legal-$118,352-$118,352
All Other Expenses$49,988$51,250$131$101,369
Interest$61,256$13,775$693$75,724
Fees for Services Accounting-$73,411-$73,411
Other Expenses$71,348$1,932$55$73,335
Travel$70,045$1,439-$71,484
Information Technology$14,793$7,479$9,308$31,580
Advertising-$10$3,061$3,071
Conferences and Meetings$812$1,423-$2,235
Total Functional Expenses$14,219,851$2,790,007$456,897$17,466,755

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$17,466,755
Total Expenses per Audited Statements$17,466,755
Total Expenses per Form 990$17,466,755
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$23,330
Fundraising Direct Expenses$14,203
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Walknroll$35,065-$3,548-
Auction$43,811$21,355$9,995$11,360
Total Events$78,876$21,355$13,543$7,812
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Harc Foundation, Inc.$229,264
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The finance and administrative services committee of the board of directors will review the irs form 990. It is then sent to each member of the board of directors before filing.

Form 990, Page 6, Part VI, Line 12C

Conflict of interest statements are signed annually by key employees and officers, directors and trustees.

Form 990, Page 6, Part VI, Line 15A

The finance and administrative services committee reviews compensation survey data in the spring of each year. The following positions are covered by this survey data - president/ceo and chief financial officer. The survey data includes materials published by the connecticut community providers association. The chairman of the board of directors, in consultation with the finance and administrative services committee determines the compensation of the president/ceo. The president/ceo, in consultation with the chairman of the board of directors and the finance and administrative services committee, determines the compensation of the and chief financial officer.

Form 990, Page 6, Part VI, Line 15B

The finance and administrative services committee reviews compensation survey data in the spring of each year.

Form 990, Page 6, Part VI, Line 19

Information is available upon request

Filing and Contact Details

Filer

Filer Name
Harc Inc
EIN
06-0710289
Phone
8602186000
Address
900 ASYLUM AVENUE, HARTFORD, CT 06103

Signing Officer

Name
Daniel S Mclaughlin CPA
Title
Interim President
Phone
8602186000
Signed
2022-10-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel S Mclaughlin CPA
Formed
1951
Legal Domicile
Ct
Voting Board Members
19
Independent Board Members
19
Employees
439
Volunteers
150

Preparer

Firm
Fiondella Milone & Lasaracina Llp
Address
300 WINDING BROOK DR STE 1, GLASTONBURY, CT 06033
Preparer
Amber D Tucker
Phone
8606573651
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

Harc, inc. Is an exempt from federal and state income taxes as a public charity under section 501(c)3 of the internal revenue code. However, for the year ended june 30, 2021, harc, inc. Was subject to related business income taxes related to management service contracts and such taxes were included in management and general expense in the consolidated statement of activities. Sockstarz, llc, is organized as a limited liability company and is considered a disregarded entity of harc. Harc, inc. Has no uncertain tax positions at june 30, 2022. The harc, inc.s u.s. Federal and state information returns prior to 2019 are closed and management continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings.

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IRS990/Form990PartVIISectionAGrp/PersonNm0KENNETH CABRAL THUR MAY 2022
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IRS990/Form990PartVIISectionAGrp/PersonNm3GREGORY CALNEN
IRS990/Form990PartVIISectionAGrp/PersonNm4MICHELLE JOYCE
IRS990/Form990PartVIISectionAGrp/PersonNm5JEFFERY M FORD CPA
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IRS990/Form990PartVIISectionAGrp/PersonNm8CHRISTINE BOLECEK-SKEGGS PHD
IRS990/Form990PartVIISectionAGrp/PersonNm9MICHAEL ANDREINI
IRS990/Form990PartVIISectionAGrp/PersonNm10MICHAEL COLE
IRS990/Form990PartVIISectionAGrp/PersonNm11NAJIB O HABESCH
IRS990/Form990PartVIISectionAGrp/PersonNm12JAMES W HEFFERNAN
IRS990/Form990PartVIISectionAGrp/PersonNm13ADAM MARKS
IRS990/Form990PartVIISectionAGrp/PersonNm14ALBERT LOGNIN
IRS990/Form990PartVIISectionAGrp/PersonNm15BRANDON MCGEE
IRS990/Form990PartVIISectionAGrp/PersonNm16BHUPEN N PATEL
IRS990/Form990PartVIISectionAGrp/PersonNm17EDWARD B SPINELLA
IRS990/Form990PartVIISectionAGrp/PersonNm18SUSAN STAUNTON
IRS990/Form990PartVIISectionAGrp/PersonNm19JOHN WEISS
IRS990/Form990PartVIISectionAGrp/PersonNm20MEGAN O'NEIL
IRS990/Form990PartVIISectionAGrp/PersonNm21ANDREW WOOD
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IRS990/Form990PartVIISectionAGrp/TitleTxt1INTERIM PRES
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IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
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IRS990/MissionDesc0TO HELP PEOPLE WITH INTELLECTUAL DISABILITY AND THEIR FAMILIES ENJOY LIVES OF QUALITY, INCLUSION AND DIGNITY BY PROVIDING SUPPORT, EDUCATION AND ADVOCACY.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$14.7$5.94$8.73$21.9$21.2$0.73
2024Detailed filing. Detailed filing data is available for this year.$12.4$4.63$7.82$21.5$19.6$1.89
2023Detailed filing. Detailed filing data is available for this year.$9.29$3.36$5.93$19.3$19.5$0.24
2022Detailed filing. Detailed filing data is available for this year.$9.02$2.85$6.18$21.4$17.5$3.97
2021Detailed filing. Detailed filing data is available for this year.$7.84$5.63$2.21$14.9$16.8$1.90
2020Detailed filing. Detailed filing data is available for this year.$9.73$5.62$4.11$17.8$17.8$0.03
2019Detailed filing. Detailed filing data is available for this year.$7.24$3.16$4.08$16.8$17.2$0.33
2018Detailed filing. Detailed filing data is available for this year.$7.79$3.38$4.41$16.6$15.3$1.35
2017Detailed filing. Detailed filing data is available for this year.$6.15$3.09$3.06$15.8$15.7$0.05
2016Detailed filing. Detailed filing data is available for this year.$5.68$2.68$3.01$15.4$15.7$0.32
2015Detailed filing. Detailed filing data is available for this year.$5.65$2.33$3.33$15.6$16.0$0.34
2014Detailed filing. Detailed filing data is available for this year.$10.4$2.49$7.87$16.0$16.3$0.22
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.3$2.51$7.82$15.6$16.5$0.96
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.1$2.49$8.60$16.2
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.9$2.49$8.42$15.9
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.1$3.45$6.68$16.6