Civic Intelligence

Wheat Inc.

990 • Fiscal year 2018 • EIN 06-1197653

Jul 01, 2017 to Jun 30, 2018 • Filed on May 04, 2019

674 Washington AvenueWest Haven, CT 06516

(203) 931-9877

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

36th percentile

-2.0%

Higher net margin than 36% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

42nd percentile

-1.6%

Faster asset growth than 42% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

53rd percentile

2.8%

Faster revenue growth than 53% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$301,669

Down $4,756 (-1.6%) from 2017

Net Assets

Down

$301,669

Down $4,756 (-1.6%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$173,732

Up $4,787 (+2.8%) from 2017

Expenses

Up

$177,147

Up $8,008 (+4.7%) from 2017

Net Income

Down

-$3,415

Down $3,221 (-1660%) from 2017

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $373,377Liabilities 2011: $30,714Net Assets 2011: $342,6632011Assets 2012: $340,544Liabilities 2012: $22,076Net Assets 2012: $318,4682012Assets 2013: $320,201Liabilities 2013: $0Net Assets 2013: $320,2012013Assets 2014: $307,304Liabilities 2014: $0Net Assets 2014: $307,3042014Assets 2015: $305,234Liabilities 2015: $0Net Assets 2015: $305,2342015Assets 2016: $306,619Liabilities 2016: $0Net Assets 2016: $306,6192016Assets 2017: $306,425Liabilities 2017: $0Net Assets 2017: $306,4252017Assets 2018: $301,669Liabilities 2018: $0Net Assets 2018: $301,6692018Assets 2019: $266,615Liabilities 2019: $0Net Assets 2019: $266,6152019Assets 2020: $354,452Liabilities 2020: $14,192Net Assets 2020: $340,2602020Assets 2021: $441,625Liabilities 2021: $14,192Net Assets 2021: $427,4332021Assets 2022: $514,337Liabilities 2022: $14,192Net Assets 2022: $500,1452022Assets 2023: $446,940Liabilities 2023: $1,920Net Assets 2023: $445,0202023Assets 2024: $446,940Liabilities 2024: $1,920Net Assets 2024: $445,0202024

Highlighted filing

2018

Assets$301,669
Liabilities$0
Net Assets$301,669

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $184,751Expenses 2011: $118,560Net Income 2011: $66,1912011Revenue 2012: $134,342Expenses 2012: $158,537Net Income 2012: -$24,1952012Revenue 2013: $175,043Expenses 2013: $173,312Net Income 2013: $1,7312013Revenue 2014: $164,391Expenses 2014: $177,288Net Income 2014: -$12,8972014Revenue 2015: $167,797Expenses 2015: $169,867Net Income 2015: -$2,0702015Revenue 2016: $159,382Expenses 2016: $157,997Net Income 2016: $1,3852016Revenue 2017: $168,945Expenses 2017: $169,139Net Income 2017: -$1942017Revenue 2018: $173,732Expenses 2018: $177,147Net Income 2018: -$3,4152018Revenue 2019: $153,332Expenses 2019: $189,016Net Income 2019: -$35,6842019Revenue 2020: $254,467Expenses 2020: $181,971Net Income 2020: $72,4962020Revenue 2021: $290,624Expenses 2021: $217,912Net Income 2021: $72,7122021Revenue 2022: $290,624Expenses 2022: $217,912Net Income 2022: $72,7122022Revenue 2023: $217,382Expenses 2023: $238,475Net Income 2023: -$21,0932023Revenue 2024: $238,475Expenses 2024: $238,475Net Income 2024: $02024

Highlighted filing

2018

Revenue$173,732
Expenses$177,147
Net Income-$3,415
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 4, 2019
Return Version
2017v2.3
Gross Receipts
$173,732
Mission and Program Overview

Mission

Provide emergency food to west haven residents

Emergency assistance and advocacy to residents of west haven

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$223,596$213,917▼ $9,679
Savings and Temporary Cash Investments$70,594$36,323▼ $34,271
Investments Other Securities-$29,160-
Cash and Non-Interest-Bearing Accounts-$10,034-
Inventories for Sale or Use$7,300$7,300→ $0
Prepaid Expenses and Deferred Charges$4,935$4,935→ $0
Total Assets$306,425$301,669▼ $4,756
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$306,425$272,509▼ $33,916
Temporarily Rstr Net Assets-$29,160-
Total Net Assets Fund Balance$306,425$301,669▼ $4,756
Total Liabilities and Net Assets / Fund Balance$306,425$301,669▼ $4,756

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$100,185$208,612$308,797
Leasehold Improvements$64,149$52,051$116,200
Land$45,500-$45,500
Equipment$4,083$16,225$20,308
Other Securities$2,297--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kathy IzzoPresident
Arnold AgnoliVice President
Art YostDirector
Charles GunningDirector
Debra JohnsonDirector
Helana Hoover LittyDirector
Loren WellsDirector
Marilyn FergusonDirector
Rev Lisa Dinunno HahnemanDirector
Scott SilverDirector
Teddi MckennaDirector
Mary MalendaSecretary
Peggy JerrellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$173,699
Program Service Revenue
$0
Investment Income
$33
Other Revenue
$0
All Other Contributions
$144,474
Change in Net Assets
$-3,415

Audited Revenue Reconciliation

Revenue per Audited Statements
$173,731
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$173,731
Total Revenue per Form 990
$173,731
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$102,184
Salaries, Compensation, and Employee Benefits$74,963
Total Fundraising Expense$2,761
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$5,522$46,935$2,761$55,218
Occupancy$17,346--$17,346
Depreciation Depletion$14,645--$14,645
Other Employee Benefits$11,594--$11,594
Insurance$11,490--$11,490
Office Expenses$6,431--$6,431
Payroll Taxes$4,478--$4,478
Information Technology$4,081--$4,081
Other Expenses$3,109--$3,109
Other Salaries and Wages$1,007$1,113-$2,120
Fees for Services Accounting$1,670--$1,670
Pension Plan Contributions$1,553--$1,553
Conferences and Meetings$914--$914
Total Functional Expenses$126,338$48,048$2,761$177,147

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$177,147
Total Expenses per Audited Statements$177,147
Total Expenses per Form 990$177,147
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

The organization board has reviewed the return before it was finalized and signed for mailing to the irs.

Form 990, Part VI, Section C, Line 18

UPON REQUEST

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Wheat Inc
EIN
06-1197653
Phone
2039319877
Address
674 WASHINGTON AVENUE, WEST HAVEN, CT 06516

Signing Officer

Name
Rose Majestic
Title
Exec Director
Phone
2039319877
Signed
2019-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rose Majestic
Formed
1987
Legal Domicile
Ct
Voting Board Members
14
Independent Board Members
14
Employees
2
Volunteers
175

Preparer

Firm
Kircaldie Randall & Mcnab LLC
Address
605 WASHINGTON AVENUE, NORTH HAVEN, CT 06473-1187
Preparer
John F Onofrio CPA
Phone
2032394478
Supplemental Narrative

Additional Explanations

990 Part XII Line 2C

Board reviews outside cpa preparing the form 990

Raw XML AppendixShowing 400 of 467 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt070594
IRS990/SavingsAndTempCashInvstGrp/EOYAmt036323
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0173698
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0168945
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0159382
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0167498
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0166056
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0835579
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt033
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0299
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0375
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0707
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99920
IRS990ScheduleA/PublicSupportPY170Pct00.99910
IRS990ScheduleA/PublicSupportTotal170Amt0835579
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0173698
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0168945
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0159382
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0167498
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0166056
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0835579
IRS990ScheduleA/TotalSupportAmt0836286
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0100185
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0208612
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0308797
IRS990ScheduleD/EquipmentGrp/BookValueAmt04083
IRS990ScheduleD/EquipmentGrp/DepreciationAmt016225
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt020308
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0177147
IRS990ScheduleD/LandGrp/BookValueAmt045500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt045500
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt064149
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt052051
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0116200
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0331
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt17668
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt22573
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt31100
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt43883
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt53763
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt6613
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt7528
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt8887
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt9885
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt101129
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt11609
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt122894
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt132297
IRS990ScheduleD/OtherSecuritiesGrp/Desc0MORGAN STANLEY BANK
IRS990ScheduleD/OtherSecuritiesGrp/Desc1ISHARES CORE MSCI EAFE ETF
IRS990ScheduleD/OtherSecuritiesGrp/Desc2ISHARES CORE MSCI EMERGING
IRS990ScheduleD/OtherSecuritiesGrp/Desc3ISHARES CORE MSCI JAPAN
IRS990ScheduleD/OtherSecuritiesGrp/Desc4ISHARES RUSSELL 1000 GRW EFT
IRS990ScheduleD/OtherSecuritiesGrp/Desc5ISHARES RUSSELL 1000 VALUE EFT
IRS990ScheduleD/OtherSecuritiesGrp/Desc6ISHARES RUSSELL 2000 GRW EFT
IRS990ScheduleD/OtherSecuritiesGrp/Desc7ISHARES RUSSELL 2000 VALUE EFT
IRS990ScheduleD/OtherSecuritiesGrp/Desc8ISHARES RUSSELL MIDCAP GROWTH
IRS990ScheduleD/OtherSecuritiesGrp/Desc9ISHARES RUSSELL MIDCAP VALUE
IRS990ScheduleD/OtherSecuritiesGrp/Desc10ISHARES TIPS BOND
IRS990ScheduleD/OtherSecuritiesGrp/Desc11PIMCO ENHANCED SHT MTRT EXC
IRS990ScheduleD/OtherSecuritiesGrp/Desc12VANGUARD SHORT TERM BND
IRS990ScheduleD/OtherSecuritiesGrp/Desc13VANGUARD TOTAL BOND MKT
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd5F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd6F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd7F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd8F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd9F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd10F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd11F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd12F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd13F
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0173731
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0213917
IRS990ScheduleD/TotalBookValueSecuritiesAmt029160
IRS990ScheduleD/TotalExpensesPerForm990Amt0177147
IRS990ScheduleD/TotalRevenuePerForm990Amt0173731
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0173731
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0177147
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION BOARD HAS REVIEWED THE RETURN BEFORE IT WAS FINALIZED AND SIGNED FOR MAILING TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD REVIEWS OUTSIDE CPA PREPARING THE FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3990 PART XII LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CT
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt029160
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0306425
IRS990/TotalAssetsEOYAmt0301669
IRS990/TotalAssetsGrp/BOYAmt0306425
IRS990/TotalAssetsGrp/EOYAmt0301669
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0173699
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt02761
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt048048
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0126338
IRS990/TotalFunctionalExpensesGrp/TotalAmt0177147

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.47$0.02$4.45$2.38$2.38$0.00
2023Detailed filing. Detailed filing data is available for this year.$4.47$0.02$4.45$2.17$2.38$0.21
2022Detailed filing. Detailed filing data is available for this year.$5.14$0.14$5.00$2.91$2.18$0.73
2021Detailed filing. Detailed filing data is available for this year.$4.42$0.14$4.27$2.91$2.18$0.73
2020Detailed filing. Detailed filing data is available for this year.$3.54$0.14$3.40$2.54$1.82$0.72
2019Detailed filing. Detailed filing data is available for this year.$2.67$0.00$2.67$1.53$1.89$0.36
2018Detailed filing. Detailed filing data is available for this year.$3.02$0.00$3.02$1.74$1.77$0.03
2017Detailed filing. Detailed filing data is available for this year.$3.06$0.00$3.06$1.69$1.69$0.00
2016Detailed filing. Detailed filing data is available for this year.$3.07$0.00$3.07$1.59$1.58$0.01
2015Detailed filing. Detailed filing data is available for this year.$3.05$0.00$3.05$1.68$1.70$0.02
2014Detailed filing. Detailed filing data is available for this year.$3.07$0.00$3.07$1.64$1.77$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.20$0.00$3.20$1.75$1.73$0.02
2012Summary only. Only limited summary data is available for this year.$3.41$0.22$3.18$1.34$1.59$0.24
2011Summary only. Only limited summary data is available for this year.$3.73$0.31$3.43$1.85$1.19$0.66