Civic Intelligence

Hebron Fund Inc.

990 • Fiscal year 2018 • EIN 11-2623719

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 23, 2019

1760 Ocean AvenueBrooklyn, NY 11230

(718) 677-6886

Siviq Scores

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

Liabilities / Assets

89th percentile

0.06x

Higher debt load relative to assets than 89% of similar nonprofits.

2018 filings • NTEE T • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

77th percentile

0.01x

Higher debt load relative to revenue than 77% of similar nonprofits.

2018 filings • NTEE T • $1M-$5M nonprofits • Source year 2018

Net Margin

48th percentile

4.4%

Higher net margin than 48% of similar nonprofits.

2018 filings • NTEE T • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

95th percentile

$120,000

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 5.3% of source-year revenue.

2018 filings • NTEE T • $1M-$5M nonprofits • Source year 2018

Asset Growth

90th percentile

35%

Faster asset growth than 90% of similar nonprofits.

2018 filings • NTEE T • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

51st percentile

3.1%

Faster revenue growth than 51% of similar nonprofits.

2018 filings • NTEE T • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$452,872

Up $117,984 (+35%) from 2017

Net Assets

Up

$423,700

Up $99,435 (+31%) from 2017

Liabilities

Up

$29,172

Up $18,549 (+175%) from 2017

Revenue

Up

$2,259,542

Up $67,683 (+3.1%) from 2017

Expenses

Up

$2,160,107

Up $45,909 (+2.2%) from 2017

Net Income

Up

$99,435

Up $21,774 (+28%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $281,731Liabilities 2011: $32,288Net Assets 2011: $249,4432011Assets 2012: $188,388Liabilities 2012: $5,125Net Assets 2012: $183,2632012Assets 2013: $265,867Liabilities 2013: $5,125Net Assets 2013: $260,7422013Assets 2014: $888,327Liabilities 2014: $5,125Net Assets 2014: $883,2022014Assets 2015: $399,625Liabilities 2015: $5,125Net Assets 2015: $394,5002015Assets 2016: $266,798Liabilities 2016: $20,194Net Assets 2016: $246,6042016Assets 2017: $334,888Liabilities 2017: $10,623Net Assets 2017: $324,2652017Assets 2018: $452,872Liabilities 2018: $29,172Net Assets 2018: $423,7002018Assets 2019: $441,213Liabilities 2019: $66,178Net Assets 2019: $375,0352019Assets 2020: $834,737Liabilities 2020: $196,652Net Assets 2020: $638,0852020Assets 2021: $1,227,939Liabilities 2021: $245,153Net Assets 2021: $982,7862021Assets 2022: $1,077,907Liabilities 2022: $311,509Net Assets 2022: $766,3982022Assets 2023: $1,189,171Liabilities 2023: $255,491Net Assets 2023: $933,6802023Assets 2024: $1,439,979Liabilities 2024: $284,864Net Assets 2024: $1,155,1152024

Highlighted filing

2018

Assets$452,872
Liabilities$29,172
Net Assets$423,700

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $951,4582011Expenses 2012: $1,026,6762012Revenue 2013: $2,260,488Expenses 2013: $2,183,009Net Income 2013: $77,4792013Revenue 2014: $2,249,980Expenses 2014: $1,627,520Net Income 2014: $622,4602014Revenue 2015: $1,840,273Expenses 2015: $2,328,975Net Income 2015: -$488,7022015Revenue 2016: $1,234,418Expenses 2016: $1,382,714Net Income 2016: -$148,2962016Revenue 2017: $2,191,859Expenses 2017: $2,114,198Net Income 2017: $77,6612017Revenue 2018: $2,259,542Expenses 2018: $2,160,107Net Income 2018: $99,4352018Revenue 2019: $2,389,748Expenses 2019: $2,437,441Net Income 2019: -$47,6932019Revenue 2020: $2,884,214Expenses 2020: $2,616,991Net Income 2020: $267,2232020Revenue 2021: $2,592,849Expenses 2021: $2,262,423Net Income 2021: $330,4262021Revenue 2022: $3,372,040Expenses 2022: $3,613,811Net Income 2022: -$241,7712022Revenue 2023: $4,172,722Expenses 2023: $4,005,441Net Income 2023: $167,2812023Revenue 2024: $4,604,273Expenses 2024: $4,404,417Net Income 2024: $199,8562024

Highlighted filing

2018

Revenue$2,259,542
Expenses$2,160,107
Net Income$99,435
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 23, 2019
Return Version
2018v3.1
Gross Receipts
$2,259,542
Mission and Program Overview

Mission

Social and educational well being

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$314,320$236,067▼ $78,253
Accounts Receivable$17,096$149,906▲ $132,810
Savings and Temporary Cash Investments$972$64,399▲ $63,427
Total Assets$334,888$452,872▲ $117,984
Other Assets Total$2,500$2,500→ $0
Liabilities
Accounts Payable and Accrued Expenses$10,623$29,172▲ $18,549
Total Liabilities$10,623$29,172▲ $18,549
Net Assets / Fund Balance
Unrestricted Net Assets$324,265$423,700▲ $99,435
Total Net Assets Fund Balance$324,265$423,700▲ $99,435
Total Liabilities and Net Assets / Fund Balance$334,888$452,872▲ $117,984
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Daniel RosensteinExec DirectorFT$120,000$120,000

Board Members and Trustees

NameTitle
Dr David SchwalbBoard Member
Dr Yigal YahavBoard Member
Frank RubinBoard Member
Jack DeutschBoard Member
Jerry WolaskyBoard Member
Laurie Moskowitz HirshBoard Member
Theodore PollakBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$2,257,832
Program Service Revenue
$0
Investment Income
$1,710
Other Revenue
$0
All Other Contributions
$2,257,832
Change in Net Assets
$99,435

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,258,057
Total Revenue per Audited Statements
$2,258,057
Total Revenue per Form 990
$2,258,057
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,339,558
Other Expenses$632,669
Total Fundraising Expense$349,672
Salaries, Compensation, and Employee Benefits$187,880
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$1,339,558--$1,339,558
All Other Expenses$0$72,409$176,831$249,240
Current Officers, Directors, Trustees, and Key Employees$0$30,000$90,000$120,000
Travel$20,000$45,481$32,640$98,121
Office Expenses$0$87,533$0$87,533
Advertising$0$56,370$0$56,370
Other Salaries and Wages$0$14,163$40,000$54,163
Other Expenses$0$30,000$0$30,000
Occupancy$0$29,200$0$29,200
Fees for Services Management$0$21,062$0$21,062
Insurance$0$17,211$0$17,211
Payroll Taxes$0$3,516$10,201$13,717
Fees for Services Accounting$0$10,900$0$10,900
Total Functional Expenses$1,359,558$450,877$349,672$2,160,107

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,160,106
Total Expenses per Audited Statements$2,160,106
Total Expenses per Form 990$2,160,106
International Activity

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Total Events--$0$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
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Filing and Contact Details

Filer

Filer Name
Hebron Fund Inc
EIN
11-2623719
Phone
7186776886
Address
1760 OCEAN AVENUE, BROOKLYN, NY 11230

Signing Officer

Name
Dan Rosenstein
Title
Director
Phone
7186776886
Signed
2019-04-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dan Rosenstein
Formed
1982
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
7
Employees
3
Volunteers
1

Preparer

Firm
Benjamin Mintz CPA Pllc
Address
100 Merrick Road Suite 500E, Rockville Centre, NY 11570
Preparer
benjamin mintz
Phone
5167640926
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

At a board meeting prior to filing

Pt VI, Line 12C

AT PERIODIC MEETING

Pt VI, Line 15A

Review by the executive board

Pt VI, Line 15B

Review by the executive board

Form 990, Part IX, Line 24E

Printing 45109. 0. 45109. 0.

Form 990, Part IX, Line 24E

Seminar 1197. 0. 1197. 0.

Form 990, Part IX, Line 24E

Utilities 2546. 0. 2546. 0.

Form 990, Part IX, Line 24E

Web hosting 5357. 0. 5357. 0.

Form 990, Part IX, Line 24E

Computer software 14934. 0. 14934. 0.

Form 990, Part IX, Line 24E

SECURITY 480. 0. 480. 0.

Form 990, Part IX, Line 24E

Special events 100955. 0. 0. 100955.

Form 990, Part IX, Line 24E

Fundraising 75876. 0. 0. 75876.

Form 990, Part IX, Line 24E

Payroll processing 2786. 0. 2786. 0.

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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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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02004227
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02473586
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt010263052
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt010263052
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02257832
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02104222
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01423185
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02004227
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02473586
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt010263052
IRS990ScheduleA/TotalSupportAmt010263052
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesSubtotalAmt02160106
IRS990ScheduleD/RevenueSubtotalAmt02258057
IRS990ScheduleD/TotalExpensesPerForm990Amt02160106
IRS990ScheduleD/TotalRevenuePerForm990Amt02258057
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02258057
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02160106
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0GEN FDS
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0Middle East
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/Total501c3OrgCnt01
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AT A BOARD MEETING PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AT PERIODIC MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEW BY THE EXECUTIVE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REVIEW BY THE EXECUTIVE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PRINTING 45109. 0. 45109. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SEMINAR 1197. 0. 1197. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UTILITIES 2546. 0. 2546. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7WEB HOSTING 5357. 0. 5357. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8COMPUTER SOFTWARE 14934. 0. 14934. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9SECURITY 480. 0. 480. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10SPECIAL EVENTS 100955. 0. 0. 100955.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11FUNDRAISING 75876. 0. 0. 75876.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12PAYROLL PROCESSING 2786. 0. 2786. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0334888
IRS990/TotalAssetsEOYAmt0452872
IRS990/TotalAssetsGrp/BOYAmt0334888
IRS990/TotalAssetsGrp/EOYAmt0452872
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02257832
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0349672
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0450877
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01359558
IRS990/TotalFunctionalExpensesGrp/TotalAmt02160107
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt010623
IRS990/TotalLiabilitiesEOYAmt029172
IRS990/TotalLiabilitiesGrp/BOYAmt010623
IRS990/TotalLiabilitiesGrp/EOYAmt029172
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0324265
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0423700
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01359558
IRS990/TotalReportableCompFromOrgAmt0120000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01710
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02259542
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt01
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0334888
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0452872
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt032640
IRS990/TravelGrp/ManagementAndGeneralAmt045481
IRS990/TravelGrp/ProgramServicesAmt020000
IRS990/TravelGrp/TotalAmt098121
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0324265
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0423700
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01760 OCEAN AVE
IRS990/USAddress/CityNm0BROOKLYN
IRS990/USAddress/StateAbbreviationCd0NY

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$0.28$1.16$4.60$4.40$0.20
2023Detailed filing. Detailed filing data is available for this year.$1.19$0.26$0.93$4.17$4.01$0.17
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$0.31$0.77$3.37$3.61$0.24
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.25$0.98$2.59$2.26$0.33
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.83$0.20$0.64$2.88$2.62$0.27
2019Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.44$0.07$0.38$2.39$2.44$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.45$0.03$0.42$2.26$2.16$0.10
2017Detailed filing. Detailed filing data is available for this year.$0.33$0.01$0.32$2.19$2.11$0.08
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.27$0.02$0.25$1.23$1.38$0.15
2015Detailed filing. Detailed filing data is available for this year.$0.40$0.01$0.39$1.84$2.33$0.49
2014Detailed filing. Detailed filing data is available for this year.$0.89$0.01$0.88$2.25$1.63$0.62
2013Detailed filing. Detailed filing data is available for this year.$0.27$0.01$0.26$2.26$2.18$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.01$0.18$1.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.03$0.25$0.95
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • $1M-$5M nonprofits