Civic Intelligence

Homesharing Program of Somerset County Inc.

990 • Fiscal year 2020 • EIN 22-2893508

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 10, 2021

120 Finderne AvenueBridgewater, NJ 08807

(908) 526-4663

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.04x

Higher debt load relative to assets than 42% of similar nonprofits.

2020 filings • NTEE L • <$500k nonprofits • Source year 2020

Liabilities / Revenue

39th percentile

0.03x

Higher debt load relative to revenue than 39% of similar nonprofits.

2020 filings • NTEE L • <$500k nonprofits • Source year 2020

Net Margin

83rd percentile

34%

Higher net margin than 83% of similar nonprofits.

2020 filings • NTEE L • <$500k nonprofits • Source year 2020

Top Officer Pay

89th percentile

$90,373

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 29.0% of source-year revenue.

2020 filings • NTEE L • <$500k nonprofits • Source year 2020

Asset Growth

91st percentile

71%

Faster asset growth than 91% of similar nonprofits.

2020 filings • NTEE L • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

78th percentile

18%

Faster revenue growth than 78% of similar nonprofits.

2020 filings • NTEE L • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$249,969

Up $103,660 (+71%) from 2019

Net Assets

Up

$240,969

Up $104,820 (+77%) from 2019

Liabilities

Down

$9,000

Down $1,160 (-11%) from 2019

Revenue

Up

$312,067

Up $46,924 (+18%) from 2019

Expenses

Down

$207,247

Down $28,978 (-12%) from 2019

Net Income

Up

$104,820

Up $75,902 (+262%) from 2019

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $188,317Liabilities 2010: $15,281Net Assets 2010: $173,0362010Assets 2011: $180,042Liabilities 2011: $5,168Net Assets 2011: $174,8742011Assets 2012: $226,614Liabilities 2012: $4,929Net Assets 2012: $221,6852012Assets 2013: $203,893Liabilities 2013: $4,500Net Assets 2013: $199,3932013Assets 2014: $188,334Liabilities 2014: $4,650Net Assets 2014: $183,6842014Assets 2015: $158,386Liabilities 2015: $14,531Net Assets 2015: $143,8552015Assets 2016: $133,482Liabilities 2016: $14,701Net Assets 2016: $118,7812016Assets 2017: $148,921Liabilities 2017: $15,050Net Assets 2017: $133,8712017Assets 2018: $120,098Liabilities 2018: $12,877Net Assets 2018: $107,2212018Assets 2019: $146,309Liabilities 2019: $10,160Net Assets 2019: $136,1492019Assets 2020: $249,969Liabilities 2020: $9,000Net Assets 2020: $240,9692020Assets 2021: $302,014Liabilities 2021: $38,170Net Assets 2021: $263,8442021Assets 2022: $396,622Liabilities 2022: $96,214Net Assets 2022: $300,4082022Assets 2023: $360,596Liabilities 2023: $87,582Net Assets 2023: $273,0142023Assets 2024: $296,376Liabilities 2024: $78,136Net Assets 2024: $218,2402024

Highlighted filing

2020

Assets$249,969
Liabilities$9,000
Net Assets$240,969

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $213,2602010Expenses 2011: $228,9092011Expenses 2012: $278,6882012Revenue 2013: $278,359Expenses 2013: $300,651Net Income 2013: -$22,2922013Revenue 2014: $277,604Expenses 2014: $293,313Net Income 2014: -$15,7092014Revenue 2015: $297,533Expenses 2015: $337,362Net Income 2015: -$39,8292015Revenue 2016: $302,654Expenses 2016: $327,728Net Income 2016: -$25,0742016Revenue 2017: $293,056Expenses 2017: $277,966Net Income 2017: $15,0902017Revenue 2018: $208,633Expenses 2018: $235,283Net Income 2018: -$26,6502018Revenue 2019: $265,143Expenses 2019: $236,225Net Income 2019: $28,9182019Revenue 2020: $312,067Expenses 2020: $207,247Net Income 2020: $104,8202020Revenue 2021: $261,731Expenses 2021: $238,856Net Income 2021: $22,8752021Revenue 2022: $249,877Expenses 2022: $240,148Net Income 2022: $9,7292022Revenue 2023: $281,773Expenses 2023: $309,167Net Income 2023: -$27,3942023Revenue 2024: $326,620Expenses 2024: $381,393Net Income 2024: -$54,7732024

Highlighted filing

2020

Revenue$312,067
Expenses$207,247
Net Income$104,820
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 10, 2021
Return Version
2020v4.1
Gross Receipts
$312,067
Mission and Program Overview

Mission

To prevent homelessness by matching "providers" with residents need to share their homes

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$85,441$197,322▲ $111,881
Savings and Temporary Cash Investments$47,510$40,005▼ $7,505
Pledges and Grants Receivable$11,766$11,050▼ $716
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$146,309$249,969▲ $103,660
Other Assets Total$1,592$1,592→ $0
Liabilities
Accounts Payable and Accrued Expenses$10,160$9,000▼ $1,160
Total Liabilities$10,160$9,000▼ $1,160
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$136,149$200,964▲ $64,815
Net Assets With Donor Restrictions-$40,005-
Total Net Assets Fund Balance$136,149$240,969▲ $104,820
Total Liabilities and Net Assets / Fund Balance$146,309$249,969▲ $103,660

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$0$30,903$30,903
Equipment$0$11,220$11,220
Other Land Buildings$0$2,475$2,475
Land$0--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lisa BlumExecutive DirectorFT$81,600$8,773$90,373

Board Members and Trustees

NameTitle
Andriette MatthewsPast President
Michael DeakPast President
Karen ThomasPresident
Maureen KalenaVice President
Alan FassTrustee
Ed RebenackTrustee
Frank Semcer JrTrustee
Jane HuckTrustee
Nj State Senator Kip BatemanTrustee
Jeanette BrownSecretary
Michael SchrinerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$266,577
Program Service Revenue
$0
Investment Income
$52
Other Revenue
$45,438
All Other Contributions
$192,828
Change in Net Assets
$104,820

Audited Revenue Reconciliation

Revenue per Audited Statements
$312,067
Total Revenue per Audited Statements
$312,067
Total Revenue per Form 990
$312,067
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$148,195
Other Expenses$59,052
Total Fundraising Expense$8,902
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$70,992$9,792$816$81,600
Other Salaries and Wages$40,985$5,745$474$47,204
Occupancy$12,992$3,248$0$16,240
All Other Expenses$3,106$5,767$2,655$11,528
Payroll Taxes$9,238$1,274$106$10,618
Other Employee Benefits$7,632$1,053$88$8,773
Fees for Services Accounting$0$7,000$0$7,000
Insurance$4,392$1,098$0$5,490
Information Technology$3,960$990$0$4,950
Other Expenses$1,198$299$0$1,497
Travel$0$1,000$0$1,000
Office Expenses$459$114$0$573
Total Functional Expenses$159,764$38,581$8,902$207,247

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$207,247
Total Expenses per Audited Statements$207,247
Total Expenses per Form 990$207,247
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$45,438
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
Annual disclosure for covered persons
No
Audit committee
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Homesharing Inc
EIN
22-2893508
Phone
9085264663
Address
120 FINDERNE AVENUE, BRIDGEWATER, NJ 08807

Signing Officer

Name
Karen Thomas
Title
President
Phone
9085264663
Signed
2021-10-10
Discuss with paid preparer
Yes

Organization Details

Formed
1984
Legal Domicile
Nj
Voting Board Members
11
Independent Board Members
11
Employees
5
Volunteers
110

Preparer

Firm
Planet Financial Inc
Address
149 PASSAIC AVE, ROSELAND, NJ 07068
Preparer
Brian Bertscha
Phone
9734030059
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Board reviews 990 via board meetings

Pt VI, Line 12C

Board monitors conflict of interest policy regularly

Financial Statement Notes

Pt XI, Line 2D

Gaming & special event expenses

Pt XII, Line 2D

MISC EXP

Pt XI, Line 4B

Gaming & special event expenses

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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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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1417
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3299
IRS990/OtherExpensesGrp/ProgramServicesAmt03140
IRS990/OtherExpensesGrp/ProgramServicesAmt11670
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt31198
IRS990/OtherExpensesGrp/TotalAmt03924
IRS990/OtherExpensesGrp/TotalAmt12087
IRS990/OtherExpensesGrp/TotalAmt24763
IRS990/OtherExpensesGrp/TotalAmt31497
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0474
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt05745
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt040985
IRS990/OtherSalariesAndWagesGrp/TotalAmt047204
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0106
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01274
IRS990/PayrollTaxesGrp/ProgramServicesAmt09238
IRS990/PayrollTaxesGrp/TotalAmt010618
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt011766
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt011050
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0KAREN THOMAS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0253524
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0112
IRS990/PYOtherExpensesAmt065242
IRS990/PYOtherRevenueAmt011507
IRS990/PYRevenuesLessExpensesAmt028918
IRS990/PYSalariesCompEmpBnftPaidAmt0170983
IRS990/PYTotalExpensesAmt0236225
IRS990/PYTotalRevenueAmt0265143
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0104820
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt047510
IRS990/SavingsAndTempCashInvstGrp/EOYAmt040005
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0266577
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0253524
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0205289
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0283257
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0300539
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01309186
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt052
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0112
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt085
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt080
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt076
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0405
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.94430
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.96820
IRS990ScheduleA/PublicSupportTotal170Amt01309186
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0266577
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0253524
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0205289
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0283257
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0300539
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01309186
IRS990ScheduleA/TotalSupportAmt01386352
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt045438
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt011507
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt03259
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt09719
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt06838
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt076761
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/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011220
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt011220
IRS990ScheduleD/ExpensesSubtotalAmt0207247
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt030903
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt030903
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02475
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02475
IRS990ScheduleD/RevenueSubtotalAmt0312067
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0GAMING & SPECIAL EVENT EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1MISC EXP
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2GAMING & SPECIAL EVENT EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XI, Line 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XII, Line 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt XI, Line 4b
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0207247
IRS990ScheduleD/TotalRevenuePerForm990Amt0312067
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0312067
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0207247
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD REVIEWS 990 VIA BOARD MEETINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MONITORS CONFLICT OF INTEREST POLICY REGULARLY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0146309
IRS990/TotalAssetsEOYAmt0249969
IRS990/TotalAssetsGrp/BOYAmt0146309
IRS990/TotalAssetsGrp/EOYAmt0249969
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0266577
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt08902
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt038581
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0159764

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.96$0.78$2.18$3.27$3.81$0.55
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.61$0.88$2.73$2.82$3.09$0.27
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.97$0.96$3.00$2.50$2.40$0.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.02$0.38$2.64$2.62$2.39$0.23
2020Detailed filing. Detailed filing data is available for this year.$2.50$0.09$2.41$3.12$2.07$1.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.46$0.10$1.36$2.65$2.36$0.29
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.20$0.13$1.07$2.09$2.35$0.27
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.49$0.15$1.34$2.93$2.78$0.15
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.33$0.15$1.19$3.03$3.28$0.25
2015Detailed filing. Detailed filing data is available for this year.$1.58$0.15$1.44$2.98$3.37$0.40
2014Detailed filing. Detailed filing data is available for this year.$1.88$0.05$1.84$2.78$2.93$0.16
2013Detailed filing. Detailed filing data is available for this year.$2.04$0.05$1.99$2.78$3.01$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.27$0.05$2.22$2.79
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$0.05$1.75$2.29
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.88$0.15$1.73$2.13
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • <$500k nonprofits