Civic Intelligence

Hitf Inc.

990 • Fiscal year 2020 • EIN 20-5155590

Jan 01, 2020 to Dec 31, 2020 • Filed on May 13, 2021

PO Box 1496Brunswick, GA 31521

(912) 484-0152

Siviq Scores

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

Liabilities / Assets

86th percentile

0.39x

Higher debt load relative to assets than 86% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

96th percentile

1.56x

Higher debt load relative to revenue than 96% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

12th percentile

-54%

Higher net margin than 12% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

62nd percentile

14%

Faster asset growth than 62% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

13th percentile

-68%

Faster revenue growth than 13% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$150,642

Up $19,031 (+14%) from 2019

Net Assets

Down

$91,485

Down $20,345 (-18%) from 2019

Liabilities

Up

$59,157

Up $39,376 (+199%) from 2019

Revenue

Down

$37,946

Down $79,272 (-68%) from 2019

Expenses

Down

$58,291

Down $68,451 (-54%) from 2019

Net Income

Down

-$20,345

Down $10,821 (-114%) from 2019

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2011: $23,719Liabilities 2011: $1,762Net Assets 2011: $21,9572011Assets 2012: $22,441Liabilities 2012: $1,191Net Assets 2012: $21,2502012Assets 2013: $36,737Liabilities 2013: $0Net Assets 2013: $36,7372013Assets 2014: $74,059Liabilities 2014: $1,439Net Assets 2014: $72,6202014Assets 2015: $89,831Liabilities 2015: $6,218Net Assets 2015: $83,6132015Assets 2016: $148,278Liabilities 2016: $40,207Net Assets 2016: $108,0712016Assets 2017: $154,938Liabilities 2017: $37,443Net Assets 2017: $117,4952017Assets 2018: $139,061Liabilities 2018: $17,707Net Assets 2018: $121,3542018Assets 2019: $131,611Liabilities 2019: $19,781Net Assets 2019: $111,8302019Assets 2020: $150,642Liabilities 2020: $59,157Net Assets 2020: $91,4852020Assets 2021: $127,621Liabilities 2021: $61,463Net Assets 2021: $66,1582021Assets 2022: $142,167Liabilities 2022: $63,147Net Assets 2022: $79,0202022Assets 2023: $148,826Liabilities 2023: $59,9842023

Highlighted filing

2020

Assets$150,642
Liabilities$59,157
Net Assets$91,485

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $87,237Expenses 2011: $92,180Net Income 2011: -$4,9432011Expenses 2012: $80,6212012Revenue 2013: $80,285Expenses 2013: $64,798Net Income 2013: $15,4872013Revenue 2014: $112,485Expenses 2014: $76,601Net Income 2014: $35,8842014Revenue 2015: $119,302Expenses 2015: $108,309Net Income 2015: $10,9932015Revenue 2016: $129,831Expenses 2016: $105,373Net Income 2016: $24,4582016Revenue 2017: $112,432Expenses 2017: $103,008Net Income 2017: $9,4242017Revenue 2018: $136,309Expenses 2018: $132,450Net Income 2018: $3,8592018Revenue 2019: $117,218Expenses 2019: $126,742Net Income 2019: -$9,5242019Revenue 2020: $37,946Expenses 2020: $58,291Net Income 2020: -$20,3452020Revenue 2021: $30,272Expenses 2021: $55,599Net Income 2021: -$25,3272021Revenue 2022: $97,080Expenses 2022: $84,218Net Income 2022: $12,8622022Revenue 2023: $115,166Expenses 2023: $105,344Net Income 2023: $9,8222023

Highlighted filing

2020

Revenue$37,946
Expenses$58,291
Net Income-$20,345
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 13, 2021
Return Version
2020v4.1
Gross Receipts
$37,946
Mission and Program Overview

Mission

The Hostel served approximately 3,000 travelers while teaching hands on approach to a sustainable lifestyle through activities such as alternative building and organic gardening.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$127,599$120,412▼ $7,187
Cap Stk Tr Prin Current Funds$111,830$91,485▼ $20,345
Cash and Non-Interest-Bearing Accounts$4,012$30,230▲ $26,218
Total Assets$131,611$150,642▲ $19,031
Liabilities
Mortgage Notes Payable Secured by Investment Property-$57,900-
Other Liabilities$19,781$1,257▼ $18,524
Total Liabilities$19,781$59,157▲ $39,376
Net Assets / Fund Balance
Total Net Assets Fund Balance$111,830$91,485▼ $20,345
Total Liabilities and Net Assets / Fund Balance$131,611$150,642▲ $19,031

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$119,862$132,816$252,678
Equipment$550$22,789$23,339
Compensation and Service Providers

Board Members and Trustees

NameTitle
Cary PutnalDirector
Dennis WalkerDirector
Murray WilsonDirector
Tess BradleyDirector
Whitney HuszDirector
Brandan DebuonoEmployee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$37,946
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-20,345
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$45,201
Salaries, Compensation, and Employee Benefits$13,090
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$12,128--$12,128
Other Expenses$10,937--$10,937
Occupancy$10,352--$10,352
Depreciation Depletion$7,187--$7,187
All Other Expenses$4,579--$4,579
Fees for Services Accounting$2,505--$2,505
Insurance$1,778--$1,778
Payroll Taxes$962--$962
Total Functional Expenses$58,291$0$0$58,291
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Withheld$697
Credit Card Payable$560
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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 governing body review Part VI line 11

The board reviews the return before filing with the president.

Governing documents etc available to public Part VI line 19

Governing documents are available to the public apon written request.

Filing and Contact Details

Filer

Filer Name
HITF Inc
EIN
20-5155590
Address
PO Box 1496, Brunswick, GA 31521

Signing Officer

Name
Thomas Dennard
Title
Director
Phone
9124840152
Signed
2021-05-13
Discuss with paid preparer
Yes

Organization Details

Formed
2006
Legal Domicile
Ga
Voting Board Members
6
Independent Board Members
5
Employees
2

Preparer

Firm
Wendy Delacqua P C
Address
334 OLD JESUP ROAD, Brunswick, GA 31520
Preparer
Charles E Taylor
Phone
9122658448
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IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Thomas Dennard
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/PhoneNum09124840152
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HITF Inc
ReturnHeader/Filer/BusinessNameControlTxt0HITF
ReturnHeader/Filer/EIN0205155590
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 1496
ReturnHeader/Filer/USAddress/CityNm0Brunswick
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd031521
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043759316
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WENDY DELACQUA P C
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0334 OLD JESUP ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Brunswick
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd031520
ReturnHeader/PreparerPersonGrp/PhoneNum09122658448
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHARLES E TAYLOR
ReturnHeader/ReturnTs02021-11-12T11:01:35-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Thomas
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Dennard
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$1.49$0.60$1.15$1.05$0.10
2022Detailed filing. Detailed filing data is available for this year.$1.42$0.63$0.79$0.97$0.84$0.13
2021Detailed filing. Detailed filing data is available for this year.$1.28$0.61$0.66$0.30$0.56$0.25
2020Detailed filing. Detailed filing data is available for this year.$1.51$0.59$0.91$0.38$0.58$0.20
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.32$0.20$1.12$1.17$1.27$0.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.39$0.18$1.21$1.36$1.32$0.04
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.55$0.37$1.17$1.12$1.03$0.09
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$0.40$1.08$1.30$1.05$0.24
2015Summary only. Only limited summary data is available for this year.$0.90$0.06$0.84$1.19$1.08$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.74$0.01$0.73$1.12$0.77$0.36
2013Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$0.80$0.65$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.01$0.21$0.81
2011Summary only. Only limited summary data is available for this year.$0.24$0.02$0.22$0.87$0.92$0.05