Civic Intelligence

Hedco Inc.

990 • Fiscal year 2022 • EIN 06-0919160

Jun 01, 2021 to May 31, 2022 • Filed on Jan 13, 2023

Organization ProfileHEDCOINC.COM

View Organization Page

207 Main Street 4th FloorHartford, CT 06106

(860) 527-1301

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.35x

Higher debt load relative to assets than 63% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Liabilities / Revenue

91st percentile

3.44x

Higher debt load relative to revenue than 91% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Net Margin

14th percentile

-13%

Higher net margin than 14% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Top Officer Pay

47th percentile

$241,098

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 7.6% of source-year revenue.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Asset Growth

49th percentile

-0.0%

Faster asset growth than 49% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Revenue Growth

5th percentile

-58%

Faster revenue growth than 5% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Down

$31,561,156

Down $5,929 (-0.0%) from 2021

Net Assets

Down

$20,622,433

Down $539,506 (-2.5%) from 2021

Liabilities

Up

$10,938,723

Up $533,577 (+5.1%) from 2021

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin14th percentile

Revenue

Down

$3,183,026

Down $4,439,706 (-58%) from 2021

Expenses

Down

$3,590,996

Down $2,569,204 (-42%) from 2021

Net Income

Down

-$407,970

Down $1,870,502 (-128%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

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

$60M$40M$20M$0Assets 2012: $24,767,671Liabilities 2012: $14,734,440Net Assets 2012: $10,033,2312012Assets 2013: $28,606,269Liabilities 2013: $17,357,835Net Assets 2013: $11,248,4342013Assets 2014: $28,492,411Liabilities 2014: $17,033,895Net Assets 2014: $11,458,5162014Assets 2015: $30,136,617Liabilities 2015: $17,139,655Net Assets 2015: $12,996,9622015Assets 2016: $32,645,193Liabilities 2016: $17,452,488Net Assets 2016: $15,192,7052016Assets 2017: $34,626,594Liabilities 2017: $16,961,603Net Assets 2017: $17,664,9912017Assets 2018: $34,886,548Liabilities 2018: $16,200,419Net Assets 2018: $18,686,1292018Assets 2019: $35,809,632Liabilities 2019: $15,522,788Net Assets 2019: $20,286,8442019Assets 2020: $40,245,972Liabilities 2020: $20,695,062Net Assets 2020: $19,550,9102020Assets 2021: $31,567,085Liabilities 2021: $10,405,146Net Assets 2021: $21,161,9392021Assets 2022: $31,561,156Liabilities 2022: $10,938,723Net Assets 2022: $20,622,4332022Assets 2023: $35,604,811Liabilities 2023: $15,186,137Net Assets 2023: $20,418,6742023Assets 2024: $34,515,828Liabilities 2024: $14,925,470Net Assets 2024: $19,590,3582024Assets 2025: $35,798,063Liabilities 2025: $16,873,589Net Assets 2025: $18,924,4742025

Highlighted filing

2022

Assets$31,561,156
Liabilities$10,938,723
Net Assets$20,622,433
Open 2022 Filing

Operations Trend

Revenue Growth5th percentile

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

$10M$5.0M$0-$5.0MRevenue 2012: $2,132,356Expenses 2012: $1,901,728Net Income 2012: $230,6282012Revenue 2013: $3,579,159Expenses 2013: $2,404,491Net Income 2013: $1,174,6682013Revenue 2014: $2,171,894Expenses 2014: $1,998,518Net Income 2014: $173,3762014Revenue 2015: $4,098,366Expenses 2015: $2,564,263Net Income 2015: $1,534,1032015Revenue 2016: $4,708,971Expenses 2016: $2,487,045Net Income 2016: $2,221,9262016Revenue 2017: $6,429,878Expenses 2017: $3,040,824Net Income 2017: $3,389,0542017Revenue 2018: $3,261,087Expenses 2018: $2,305,188Net Income 2018: $955,8992018Revenue 2019: $3,999,361Expenses 2019: $2,363,667Net Income 2019: $1,635,6942019Revenue 2020: $2,358,931Expenses 2020: $2,614,758Net Income 2020: -$255,8272020Revenue 2021: $7,622,732Expenses 2021: $6,160,200Net Income 2021: $1,462,5322021Revenue 2022: $3,183,026Expenses 2022: $3,590,996Net Income 2022: -$407,9702022Revenue 2023: $4,502,536Expenses 2023: $3,152,945Net Income 2023: $1,349,5912023Revenue 2024: $4,889,239Expenses 2024: $5,695,740Net Income 2024: -$806,5012024Revenue 2025: $4,015,725Expenses 2025: $4,826,298Net Income 2025: -$810,5732025

Highlighted filing

2022

Revenue$3,183,026
Expenses$3,590,996
Net Income-$407,970
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2021 to May 31, 2022
Signed
Jan 13, 2023
Return Version
2021v4.2
Gross Receipts
$3,187,973
Mission and Program Overview

Mission

Providing resources, empowering entrepreneurs, building communities.

To organize and promote further economic growth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$15,174,694$16,637,821▲ $1,463,127
Other Notes and Loans Receivable, Net$14,681,239$12,758,243▼ $1,922,996
Investments in Publicly Traded Securities$1,205,908$1,758,135▲ $552,227
Accounts Receivable$172,109$265,573▲ $93,464
Prepaid Expenses and Deferred Charges$166,000$0▼ $166,000
Land, Buildings, and Equipment, Net$72,481$79,612▲ $7,131
Pledges and Grants Receivable$94,654$61,772▼ $32,882
Total Assets$31,567,085$31,561,156▼ $5,929
Liabilities
Unsecured Notes Loans Payable$9,898,776$9,423,903▼ $474,873
Deferred Revenue$275,000$1,369,000▲ $1,094,000
Accounts Payable and Accrued Expenses$193,028$107,478▼ $85,550
Other Liabilities$38,342$38,342→ $0
Total Liabilities$10,405,146$10,938,723▲ $533,577
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$13,324,567$13,581,736▲ $257,169
Net Assets With Donor Restrictions$7,837,372$7,040,697▼ $796,675
Total Net Assets Fund Balance$21,161,939$20,622,433▼ $539,506
Total Liabilities and Net Assets / Fund Balance$31,567,085$31,561,156▼ $5,929

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$75,200$106,723$181,923
Equipment$4,412$2,455$6,867
Compensation and Service Providers
Top Officer Pay47th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kim HawkinsPresident & CEOFT$180,317$60,781$241,098
Patricia GeronimoChief Financial OfficerFT$109,391$49,468$158,859

Board Members and Trustees

NameTitle
Julio MendozaChair, Nominating Committe
Barbara RandolphChairperson
Eric M BauerVice Chair
Alan LazowskiDirector
Ana AlfaroDirector
Andreas KapetanopoulosDirector
Dante FazzinaDirector
David CabezasDirector
Donald ChapmanDirector
Jeff HubbardDirector
Michael CasparinoDirector
Nicholas SeminaraDirector
Pauline YoderDirector
Sheila S HummelDirector
Paul PerakosAsst. Secretary
Wayne BenjaminAsst. Treasurer
Edward J SamorajczykSecretary
Marianne StowellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,287,226
Program Service Revenue
$862,357
Investment Income
$30,534
Other Revenue
$2,909
All Other Contributions
$893,636
Change in Net Assets
$-407,970

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,183,026
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-126,589
Total Revenue per Audited Statements
$3,056,437
Total Revenue per Form 990
$3,183,026
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,549,256
Salaries, Compensation, and Employee Benefits$1,142,526
Grants and Similar Amounts Paid$899,214
Total Fundraising Expense$17,333
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$899,214--$899,214
Other Salaries and Wages$430,308$93,052$14,130$537,490
Current Officers, Directors, Trustees, and Key Employees$323,856$70,033-$393,889
Fees for Services Other$186,297$157,806-$344,103
Occupancy$91,559$45,731-$137,290
Other Employee Benefits$86,481$18,701$1,620$106,802
Office Expenses$66,992$33,461-$100,453
Payroll Taxes$53,738$11,621$1,007$66,366
Fees for Services Accounting$23,010$19,491-$42,501
Pension Plan Contributions$30,753$6,650$576$37,979
Interest$26,606$3,934-$30,540
Depreciation Depletion$25,893$3,828-$29,721
Fees for Services Legal$13,954$11,820-$25,774
Insurance$15,455$2,285-$17,740
Advertising$12,131$1,794-$13,925
Other Expenses$11,107$1,641-$12,748
Total Functional Expenses$3,088,693$484,970$17,333$3,590,996

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,595,943
Expenses per Audited Statements$3,590,996
Total Expenses per Form 990$3,590,996
Expenses Not Reported on Form 990$4,947
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
ShebaManchester, CT-Comprehensive Small Business Support to Minority Women Entrepreneurs$500,000
Spanish American Merchants AssociationHartford, CT501(c)(3)Partner Disbursement Related to Decd Minority Small Business Program$399,214
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$7,856
Fundraising Direct Expenses$4,947
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Hedco Anniversary$30,430$7,430-$7,430
Great Giveaway$426$426$1,907$-1,481
Total Events$30,856$7,856$4,947$2,909
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advances$38,342
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Management and the board of directors review the form 990 for completeness before it is filed.”

Form 990, Part VI, Section B, Line 12C

“Upon election and to be updated annually. All directors or officers of the corporation must disclose any potential conflict between his or her own individual interest, those of an immediate family member, or those of a related party and the interest of the corporation, full disclosure of all facts pertaining to such potential conflict shall be made to the board of directors. Fact-gathering and subsequent review by the board of directors will determine whether or not an actual conflict exists or would occur.”

Form 990, Part VI, Section B, Line 15

“Performance reviews and salary adjustment recommendations are prepared by the vice president/coo for the staff of the organization. These reviews and recommended compensation are presented to the president/ceo. The president/ceo prepares a review for the vice president/coo for her compensation. The recommendations are forwarded to the hedco board of directors' chairman for approval. The chairman and the executive committee review, approve or amend and forward authorizations to implement the changes inclusive of any bonus adjustments. Appraisal of the president/ceo and any agreed upon compensation adjustments are approved by the executive committee.”

Form 990, Part VI, Section C, Line 19

“The organization makes it's governing documents, conflicts of interest policy and financial statements available to the public by request in the form of hard copies kept at the office.”

Filing and Contact Details

Filer

Filer Name
Hedco Inc
EIN
06-0919160
Phone
8605271301
Address
207 MAIN STREET 4TH FLOOR, HARTFORD, CT 06106

Signing Officer

Name
Kim Hawkins
Title
President & CEO
Phone
8605271301
Signed
2023-01-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kim B Hawkins
Formed
1975
Legal Domicile
Ct
Voting Board Members
19
Independent Board Members
18
Employees
12
Volunteers
18

Preparer

Firm
Whittlesey Pc
Address
280 TRUMBULL ST 24TH FL, HARTFORD, CT 06103
Preparer
Shaun Sheridan
Phone
8605223111
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The process did not change from prior year.”

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Special event expenses netted against revenue on 990 4,947.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Special event expenses netted against revenue on 990 4,947.”

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19126891
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5ASST. SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6ASST. TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHAIR, NOMINATING COMMITTE
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19CHIEF FINANCIAL OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01975
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt023000
IRS990/FundraisingDirectExpensesAmt04947
IRS990/FundraisingGrossIncomeAmt07856
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt019
IRS990/GovernmentGrantsAmt01370590
IRS990/GrantAmt0899214
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0899214
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0899214
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03187973
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02285
IRS990/InsuranceGrp/ProgramServicesAmt015455
IRS990/InsuranceGrp/TotalAmt017740
IRS990/InterestGrp/ManagementAndGeneralAmt03934
IRS990/InterestGrp/ProgramServicesAmt026606
IRS990/InterestGrp/TotalAmt030540
IRS990/InvestmentIncomeGrp/ExclusionAmt030534
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt030534
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01205908
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01758135
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0109178
IRS990/LandBldgEquipBasisNetGrp/BOYAmt072481
IRS990/LandBldgEquipBasisNetGrp/EOYAmt079612
IRS990/LandBldgEquipCostOrOtherBssAmt0188790
IRS990/LegalDomicileStateCd0CT
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROMOTE AND FURTHER THE ECONOMIC DEVELOPMENT OF SMALL BUSINESSES AND ORGANIZATIONS THROUGHOUT THE REGIONS OF THE STATE OF CONNECTICUT AND TO ENGAGE AND ASSIST IN THE ESTABLISHMENT, GROWTH AND DEVELOPMENT OF SMALL BUSINESSES WITHIN THE CITY OF HARTFORD, CONNECTICUT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt021161939
IRS990/NetAssetsOrFundBalancesEOYAmt020622433
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt02909
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt02909
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-131536
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt013324567
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt013581736
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt045731
IRS990/OccupancyGrp/ProgramServicesAmt091559
IRS990/OccupancyGrp/TotalAmt0137290
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt033461
IRS990/OfficeExpensesGrp/ProgramServicesAmt066992
IRS990/OfficeExpensesGrp/TotalAmt0100453
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01620
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt018701
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt086481
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0106802
IRS990/OtherExpensesGrp/Desc0LOAN LOSS PROVISION
IRS990/OtherExpensesGrp/Desc1CHARITABLE CONTRIBUTION
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03122
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11641
IRS990/OtherExpensesGrp/ProgramServicesAmt0770221
IRS990/OtherExpensesGrp/ProgramServicesAmt121118
IRS990/OtherExpensesGrp/ProgramServicesAmt211107
IRS990/OtherExpensesGrp/TotalAmt0770221
IRS990/OtherExpensesGrp/TotalAmt124240
IRS990/OtherExpensesGrp/TotalAmt212748
IRS990/OtherLiabilitiesGrp/BOYAmt038342
IRS990/OtherLiabilitiesGrp/EOYAmt038342
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt014130
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt093052
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0430308
IRS990/OtherSalariesAndWagesGrp/TotalAmt0537490
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt014681239
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt012758243
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01007
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011621
IRS990/PayrollTaxesGrp/ProgramServicesAmt053738
IRS990/PayrollTaxesGrp/TotalAmt066366
IRS990/PensionPlanContributionsGrp/FundraisingAmt0576
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt06650
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt030753
IRS990/PensionPlanContributionsGrp/TotalAmt037979
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt094654
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt061772
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0166000
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0KIM B HAWKINS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0525990
IRS990/ProgramServiceRevenueGrp/BusinessCd1525990
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc1SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0564322
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1298035
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0564322
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1298035
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt06088146
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0433422
IRS990/PYInvestmentIncomeAmt029858
IRS990/PYOtherExpensesAmt04502854
IRS990/PYOtherRevenueAmt0918933
IRS990/PYProgramServiceRevenueAmt0585795
IRS990/PYRevenuesLessExpensesAmt01462532
IRS990/PYSalariesCompEmpBnftPaidAmt01223924
IRS990/PYTotalExpensesAmt06160200
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07622732
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-407970
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0862357
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02287226
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt06088146
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01699406
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt03376186
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt02507003
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt015957967
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt030534
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt029858
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt062356
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt028708
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt046945

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$31,561,156
Liabilities
$10,938,723
Net assets
$20,622,433
Revenue
$3,183,026
Expenses
$3,590,996
Net income
-$407,970
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$35.8$16.9$18.9$4.02$4.83$0.81
2024Detailed filing. Detailed filing data is available for this year.$34.5$14.9$19.6$4.89$5.70$0.81
2023Detailed filing. Detailed filing data is available for this year.$35.6$15.2$20.4$4.50$3.15$1.35
2022Detailed filing. Detailed filing data is available for this year.$31.6$10.9$20.6$3.18$3.59$0.41
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.6$10.4$21.2$7.62$6.16$1.46
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.2$20.7$19.6$2.36$2.61$0.26
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.8$15.5$20.3$4.00$2.36$1.64
2018Detailed filing. Detailed filing data is available for this year.$34.9$16.2$18.7$3.26$2.31$0.96
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.6$17.0$17.7$6.43$3.04$3.39
2016Detailed filing. Detailed filing data is available for this year.$32.6$17.5$15.2$4.71$2.49$2.22
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$30.1$17.1$13.0$4.10$2.56$1.53
2014Detailed filing. Detailed filing data is available for this year.$28.5$17.0$11.5$2.17$2.00$0.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.6$17.4$11.2$3.58$2.40$1.17
2012Summary only. Only limited summary data is available for this year.$24.8$14.7$10.0$2.13$1.90$0.23
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • $25M-$50M nonprofits