Civic Intelligence

Hearts Afire Inc.

990 • Fiscal year 2015 • EIN 22-3927470

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 10, 2016

PO Box 14759Bradenton, FL 34280

(941) 552-1584

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.00x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

68th percentile

13%

Higher net margin than 68% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

89th percentile

78%

Faster asset growth than 89% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

79th percentile

31%

Faster revenue growth than 79% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$95,315

Up $41,905 (+78%) from 2014

Net Assets

Up

$95,315

Up $41,905 (+78%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$333,319

Up $79,415 (+31%) from 2014

Expenses

Up

$291,414

Up $45,316 (+18%) from 2014

Net Income

Up

$41,905

Up $34,099 (+437%) from 2014

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $112,342Liabilities 2011: $0Net Assets 2011: $112,3422011Assets 2012: $52,239Liabilities 2012: $0Net Assets 2012: $52,2392012Assets 2013: $45,604Liabilities 2013: $0Net Assets 2013: $45,6042013Assets 2014: $53,410Liabilities 2014: $0Net Assets 2014: $53,4102014Assets 2015: $95,315Liabilities 2015: $0Net Assets 2015: $95,3152015Assets 2016: $78,166Liabilities 2016: $0Net Assets 2016: $78,1662016Assets 2017: $113,374Liabilities 2017: $2,496Net Assets 2017: $110,8782017Assets 2018: $159,515Liabilities 2018: $389Net Assets 2018: $159,1262018Assets 2019: $201,627Liabilities 2019: $64Net Assets 2019: $201,5632019Assets 2020: $139,918Liabilities 2020: $1,784Net Assets 2020: $138,1342020Assets 2021: $86,689Liabilities 2021: $2,207Net Assets 2021: $84,4822021Assets 2022: $137,013Liabilities 2022: $251Net Assets 2022: $136,7622022Assets 2023: $70,769Liabilities 2023: $519Net Assets 2023: $70,2502023Assets 2024: $49,718Liabilities 2024: $0Net Assets 2024: $49,7182024

Highlighted filing

2015

Assets$95,315
Liabilities$0
Net Assets$95,315

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $250,4492011Expenses 2012: $264,0262012Revenue 2013: $361,716Expenses 2013: $368,351Net Income 2013: -$6,6352013Revenue 2014: $253,904Expenses 2014: $246,098Net Income 2014: $7,8062014Revenue 2015: $333,319Expenses 2015: $291,414Net Income 2015: $41,9052015Revenue 2016: $225,767Expenses 2016: $242,916Net Income 2016: -$17,1492016Revenue 2017: $276,951Expenses 2017: $244,239Net Income 2017: $32,7122017Revenue 2018: $550,108Expenses 2018: $501,860Net Income 2018: $48,2482018Revenue 2019: $523,484Expenses 2019: $481,047Net Income 2019: $42,4372019Revenue 2020: $435,651Expenses 2020: $499,080Net Income 2020: -$63,4292020Revenue 2021: $543,256Expenses 2021: $596,908Net Income 2021: -$53,6522021Revenue 2022: $1,014,487Expenses 2022: $962,207Net Income 2022: $52,2802022Revenue 2023: $467,412Expenses 2023: $533,139Net Income 2023: -$65,7272023Revenue 2024: $861,710Expenses 2024: $892,442Net Income 2024: -$30,7322024

Highlighted filing

2015

Revenue$333,319
Expenses$291,414
Net Income$41,905
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 10, 2016
Return Version
2015v2.1
Gross Receipts
$340,872
Mission and Program Overview

Mission

Transforming lives on the mission field through the promotion of health care, education and evangelical outreach.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$53,410$95,315▲ $41,905
Cash and Non-Interest-Bearing Accounts$36,690$77,925▲ $41,235
Savings and Temporary Cash Investments$13,659$13,662▲ $3
Land, Buildings, and Equipment, Net$2,661$3,328▲ $667
Prepaid Expenses and Deferred Charges$400$400→ $0
Total Assets$53,410$95,315▲ $41,905
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$53,410$95,315▲ $41,905
Total Liabilities and Net Assets / Fund Balance$53,410$95,315▲ $41,905

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,328$1,322$4,650
Compensation and Service Providers

Board Members and Trustees

NameTitle
Alexander KramerBoard Member
Mark AltBoard Member
Robert SparksBoard Member
Warren McgregorBoard Member
Joseph P Pecoraro MdCEO
Rhonda PecoraroCo-founder
Vilma Vega MdPres Emeritus
Andy RojasSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$301,619
Program Service Revenue
$0
Investment Income
$3
Other Revenue
$31,697
All Other Contributions
$301,619
Change in Net Assets
$41,905
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$188,953
Grants and Similar Amounts Paid$76,842
Salaries, Compensation, and Employee Benefits$25,619
Total Fundraising Expense$3,842
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$88,519--$88,519
Grants to Domestic Orgs$76,842--$76,842
Advertising$23,932--$23,932
Other Salaries and Wages$16,313$3,495$3,495$23,303
Office Expenses$10,772$1,901-$12,673
Occupancy$5,568$983-$6,551
Insurance$3,671$408-$4,079
Other Expenses$2,108$371-$2,479
Information Technology$2,091$369-$2,460
Payroll Taxes$1,622$347$347$2,316
Fees for Services Accounting$1,927$340-$2,267
Depreciation Depletion$389$69-$458
Total Functional Expenses$279,289$8,283$3,842$291,414
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
International Prayer Mount--Missions$64,327
Miracle Missions--Missions$5,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$39,250
Fundraising Direct Expenses$7,553
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraiser Dinner$39,250$39,250$7,553$31,697
Total Events$39,250$39,250$7,553$31,697
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Joseph pecoraro and rhonda pecoraro are husband and wife.

Form 990, Part VI, Section B, Line 11

The 990 is reviewed and approved by the board of directors.

Form 990, Part VI, Section B, Line 12C

Conflict of interest policy is reviewed annually with board members.

Form 990, Part VI, Section B, Line 15

There are currently no paid officers, therefore these policies are not necessary.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Hearts Afire Inc
EIN
22-3927470
Phone
9415521584
Address
PO BOX 14759, BRADENTON, FL 34280

Signing Officer

Name
Joseph Pecoraro
Title
CEO
Signed
2016-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Pecoraro
Formed
2006
Legal Domicile
Fl
Voting Board Members
8
Independent Board Members
8
Employees
1
Volunteers
108

Preparer

Firm
Lawrence a Kraujalis CPA Pa
Address
4016 CORTEZ ROAD WEST SUITE 1205, BRADENTON, FL 34210
Preparer
Lawrence a Kraujalis
Phone
9415183805
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 6

We send volunteers on short-term humanitarian mission trips to africa, asia and latin america.

Raw XML AppendixShowing 400 of 410 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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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt073
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt094
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0280923
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99990
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportPY170Pct00.99990
IRS990ScheduleA/PublicSupportTotal170Amt01273554
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0301619
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0219836
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0356995
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0218439
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0176665
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01273554
IRS990ScheduleA/TotalSupportAmt01273648
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/BookValueAmt03328
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01322
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04650
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03328
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt07553
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISER DINNER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt039250
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt039250
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt039250
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt039250
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt031697
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt07553
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt07553
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt064327
IRS990ScheduleI/RecipientTable/CashGrantAmt15000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0MISSIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1MISSIONS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0INTERNATIONAL PRAYER MOUNT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1MIRACLE MISSIONS
IRS990ScheduleI/TotalOtherOrgCnt02
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WE SEND VOLUNTEERS ON SHORT-TERM HUMANITARIAN MISSION TRIPS TO AFRICA, ASIA AND LATIN AMERICA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1JOSEPH PECORARO AND RHONDA PECORARO ARE HUSBAND AND WIFE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 990 IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY WITH BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE ARE CURRENTLY NO PAID OFFICERS, THEREFORE THESE POLICIES ARE NOT NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part I, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt053410
IRS990/TotalAssetsEOYAmt095315
IRS990/TotalAssetsGrp/BOYAmt053410
IRS990/TotalAssetsGrp/EOYAmt095315
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0301619
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03842
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08283
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0279289
IRS990/TotalFunctionalExpensesGrp/TotalAmt0291414
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt053410
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt095315
IRS990/TotalProgramServiceExpensesAmt0279289
IRS990/TotalRevenueGrp/ExclusionAmt031700
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0333319
IRS990/TotalVolunteersCnt0108
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt053410
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt095315
IRS990/TravelGrp/ProgramServicesAmt088519
IRS990/TravelGrp/TotalAmt088519
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02614 MANATEE AVENUE WEST
IRS990/USAddress/CityNm0BRADENTON
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd034205
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.HEARTSAFIRE.US
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSEPH PECORARO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HEARTS AFIRE INC
ReturnHeader/Filer/BusinessNameControlTxt0HEAR
ReturnHeader/Filer/EIN0223927470
ReturnHeader/Filer/PhoneNum09415521584
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 14759
ReturnHeader/Filer/USAddress/CityNm0BRADENTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd034280
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LAWRENCE A KRAUJALIS CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04016 CORTEZ ROAD WEST SUITE 1205
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BRADENTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.00$0.05$0.86$0.89$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.07$0.00$0.07$0.47$0.53$0.07
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.00$0.14$1.01$0.96$0.05
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.00$0.08$0.54$0.60$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.14$0.00$0.14$0.44$0.50$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.20$0.00$0.20$0.52$0.48$0.04
2018Summary only. Only limited summary data is available for this year.$0.16$0.00$0.16$0.55$0.50$0.05
2017Summary only. Only limited summary data is available for this year.$0.11$0.00$0.11$0.28$0.24$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.08$0.00$0.08$0.23$0.24$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$0.33$0.29$0.04
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.05$0.00$0.05$0.25$0.25$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$0.36$0.37$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.00$0.05$0.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.00$0.11$0.25