Civic Intelligence

Hourly Accounting Trust Welfare Plan

990 • Fiscal year 2015 • EIN 11-6497940

Jan 01, 2015 to Dec 31, 2015 • Filed on May 17, 2016

28 Brookline DriveN Massapequa, NY 11758

(516) 677-9111

Siviq Scores

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

Liabilities / Assets

75th percentile

0.03x

Higher debt load relative to assets than 75% of similar nonprofits.

2015 filings • 501(c)9 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

72nd percentile

0.02x

Higher debt load relative to revenue than 72% of similar nonprofits.

2015 filings • 501(c)9 • <$500k nonprofits • Source year 2015

Net Margin

20th percentile

-49%

Higher net margin than 20% of similar nonprofits.

2015 filings • 501(c)9 • <$500k nonprofits • Source year 2015

Top Officer Pay

86th percentile

$5,909

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2015 filings • 501(c)9 • <$500k nonprofits • Source year 2015

Asset Growth

16th percentile

-41%

Faster asset growth than 16% of similar nonprofits.

2015 filings • 501(c)9 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

10th percentile

-86%

Faster revenue growth than 10% of similar nonprofits.

2015 filings • 501(c)9 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$149,049

Down $101,575 (-41%) from 2014

Net Assets

Down

$145,049

Down $99,575 (-41%) from 2014

Liabilities

Down

$4,000

Down $2,000 (-33%) from 2014

Revenue

Down

$204,883

Down $1,262,791 (-86%) from 2014

Expenses

Down

$304,458

Down $1,101,648 (-78%) from 2014

Net Income

Down

-$99,575

Down $161,143 (-262%) from 2014

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $367,262Liabilities 2010: $5,424Net Assets 2010: $361,8382010Assets 2011: $370,598Liabilities 2011: $5,333Net Assets 2011: $365,2652011Assets 2012: $273,701Liabilities 2012: $7,000Net Assets 2012: $266,7012012Assets 2013: $191,056Liabilities 2013: $8,000Net Assets 2013: $183,0562013Assets 2014: $250,624Liabilities 2014: $6,000Net Assets 2014: $244,6242014Assets 2015: $149,049Liabilities 2015: $4,000Net Assets 2015: $145,0492015Assets 2016: $207,643Liabilities 2016: $4,000Net Assets 2016: $203,6432016Assets 2017: $220,208Liabilities 2017: $4,000Net Assets 2017: $216,2082017Assets 2018: $249,166Liabilities 2018: $6,450Net Assets 2018: $242,7162018Assets 2019: $419,390Liabilities 2019: $4,910Net Assets 2019: $414,4802019Assets 2020: $34,658Liabilities 2020: $11,069Net Assets 2020: $23,5892020Assets 2021: $19,332Liabilities 2021: $8,194Net Assets 2021: $11,1382021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2015

Assets$149,049
Liabilities$4,000
Net Assets$145,049

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $384,2292010Expenses 2011: $588,3912011Expenses 2012: $530,1342012Revenue 2013: $301,783Expenses 2013: $385,428Net Income 2013: -$83,6452013Revenue 2014: $1,467,674Expenses 2014: $1,406,106Net Income 2014: $61,5682014Revenue 2015: $204,883Expenses 2015: $304,458Net Income 2015: -$99,5752015Revenue 2016: $169,178Expenses 2016: $110,584Net Income 2016: $58,5942016Revenue 2017: $134,766Expenses 2017: $122,201Net Income 2017: $12,5652017Revenue 2018: $303,440Expenses 2018: $276,932Net Income 2018: $26,5082018Revenue 2019: $330,086Expenses 2019: $158,322Net Income 2019: $171,7642019Revenue 2020: $86,946Expenses 2020: $477,835Net Income 2020: -$390,8892020Revenue 2021: $3Expenses 2021: $12,454Net Income 2021: -$12,4512021Revenue 2022: $140Expenses 2022: $11,277Net Income 2022: -$11,1372022

Highlighted filing

2015

Revenue$204,883
Expenses$304,458
Net Income-$99,575
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 17, 2016
Return Version
2015v2.1
Gross Receipts
$204,883
Mission and Program Overview

Mission

Employer contributions from participating employers provide welfare benefits to members in the plan

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$250,624$149,049▼ $101,575
Total Assets$250,624$149,049▼ $101,575
Liabilities
Accounts Payable and Accrued Expenses$6,000$4,000▼ $2,000
Total Liabilities$6,000$4,000▼ $2,000
Net Assets / Fund Balance
Unrestricted Net Assets$244,624$145,049▼ $99,575
Total Net Assets Fund Balance$244,624$145,049▼ $99,575
Total Liabilities and Net Assets / Fund Balance$250,624$149,049▼ $101,575
Compensation and Service Providers

Employees

NameTitleBaseTotal
-Trustee$5,909$5,909
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$204,863
Investment Income
$20
Other Revenue
$0
Change in Net Assets
$-99,575
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$10,489
Salaries, Compensation, and Employee Benefits$5,909
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$288,060
Current Officers, Directors, Trustees, and Key Employees---$5,909
Fees for Services Accounting---$2,000
Other Expenses---$30
Total Functional Expenses$0$0$0$304,458
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
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 11

A copy is distributed to each board member

Form 990, Part VI, Section C, Line 19

This information is available upon request

Filing and Contact Details

Filer

Filer Name
Hourly Accounting Trust Welfare Plan
EIN
11-6497940
Phone
5166779111
Address
28 BROOKLINE DRIVE, N MASSAPEQUA, NY 11758

Signing Officer

Name
Barry Laub
Title
Trustee
Phone
5166779111
Signed
2016-05-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Barry Laub
Formed
1997
Legal Domicile
Ny
Voting Board Members
1
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Vision Financial Group Cpas Llp
Address
1131 CAMPUS DRIVE WEST, MORGANVILLE, NJ 07751
Preparer
Jacob Ansel
Phone
7325365595
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 1:

MODIFIED CASH

Raw XML Appendix231 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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ReturnHeader/BuildTS02016-09-27 15:27:22Z
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ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.01$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.02$0.01$0.01$0.00$0.01$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.03$0.01$0.02$0.09$0.48$0.39
2019Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.41$0.33$0.16$0.17
2018Detailed filing. Detailed filing data is available for this year.$0.25$0.01$0.24$0.30$0.28$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$0.13$0.12$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.20$0.17$0.11$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$0.20$0.30$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.25$0.01$0.24$1.47$1.41$0.06
2013Detailed filing. Detailed filing data is available for this year.$0.19$0.01$0.18$0.30$0.39$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.01$0.27$0.53
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.01$0.37$0.59
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.01$0.36$0.38