Civic Intelligence

Hearts Afire Inc.

990 • Fiscal year 2016 • EIN 22-3927470

Jan 01, 2016 to Dec 31, 2016 • Filed on Jan 30, 2018

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

56th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

26th percentile

-7.6%

Higher net margin than 26% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

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.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

22nd percentile

-18%

Faster asset growth than 22% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

16th percentile

-32%

Faster revenue growth than 16% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$78,166

Down $17,149 (-18%) from 2015

Net Assets

Down

$78,166

Down $17,149 (-18%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$225,767

Down $107,552 (-32%) from 2015

Expenses

Down

$242,916

Down $48,498 (-17%) from 2015

Net Income

Down

-$17,149

Down $59,054 (-141%) from 2015

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

2016

Assets$78,166
Liabilities$0
Net Assets$78,166

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

2016

Revenue$225,767
Expenses$242,916
Net Income-$17,149
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jan 30, 2018
Return Version
2016v3.0
Gross Receipts
$234,218
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$95,315$78,166▼ $17,149
Cash and Non-Interest-Bearing Accounts$77,925$59,500▼ $18,425
Savings and Temporary Cash Investments$13,662$13,664▲ $2
Land, Buildings, and Equipment, Net$3,328$4,602▲ $1,274
Prepaid Expenses and Deferred Charges$400$400→ $0
Total Assets$95,315$78,166▼ $17,149
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$95,315$78,166▼ $17,149
Total Liabilities and Net Assets / Fund Balance$95,315$78,166▼ $17,149

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,162$1,938$5,100
Other Land Buildings$1,440$160$1,600
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
$199,615
Program Service Revenue
$0
Investment Income
$3
Other Revenue
$26,149
All Other Contributions
$199,615
Change in Net Assets
$-17,149
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$122,985
Grants and Similar Amounts Paid$104,950
Salaries, Compensation, and Employee Benefits$14,981
Total Fundraising Expense$2,247
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$104,950--$104,950
Travel$52,148--$52,148
Advertising$19,704--$19,704
Other Salaries and Wages$9,437$2,022$2,022$13,481
Office Expenses$10,780$1,902-$12,682
Occupancy$5,874$1,036-$6,910
Fees for Services Accounting$5,823$1,028-$6,851
Insurance$2,525$281-$2,806
Information Technology$1,727$305-$2,032
Payroll Taxes$1,050$225$225$1,500
Depreciation Depletion$660$116-$776
Other Expenses$188$33-$221
Total Functional Expenses$233,721$6,948$2,247$242,916
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
International Prayer Mount--Missions$70,000
Missionary Church--Missions$27,600
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$34,600
Fundraising Direct Expenses$8,451
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraiser Dinner$34,600$34,600$8,451$26,149
Total Events$34,600$34,600$8,451$26,149
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
2018-01-30
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
2
Volunteers
119

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 418 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/CurrentTaxYearMinus4YearsAmt010
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt024
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportPY170Pct00.99990
IRS990ScheduleA/PublicSupportTotal170Amt01296507
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0199618
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0301619
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0219836
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0356995
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0218439
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01296507
IRS990ScheduleA/TotalSupportAmt01296531
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/BookValueAmt03162
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01938
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05100
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01440
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0160
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01600
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04602
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt08451
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISER DINNER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt034600
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt034600
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt034600
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt034600
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt026149
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt08451
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt08451
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt070000
IRS990ScheduleI/RecipientTable/CashGrantAmt127600
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0MISSIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1MISSIONS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0INTERNATIONAL PRAYER MOUNT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1MISSIONARY CHURCH
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/TotalAssetsBOYAmt095315
IRS990/TotalAssetsEOYAmt078166
IRS990/TotalAssetsGrp/BOYAmt095315
IRS990/TotalAssetsGrp/EOYAmt078166
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0199615
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt02247
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06948
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0233721
IRS990/TotalFunctionalExpensesGrp/TotalAmt0242916
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt095315
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt078166
IRS990/TotalProgramServiceExpensesAmt0233721
IRS990/TotalRevenueGrp/ExclusionAmt026152
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0225767
IRS990/TotalVolunteersCnt0119
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt095315
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt078166
IRS990/TravelGrp/ProgramServicesAmt052148
IRS990/TravelGrp/TotalAmt052148
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/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSEPH PECORARO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-01-30
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/FilingSecurityInformation/AtSubmissionCreationDeviceId072E733EAFABBFA29F6CCF417B6A72DC3B5A2C5FE
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId01CA74AA1D733435CA0170AE9EE96BBF5D3B6F592
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P

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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
2016Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.23$0.24$0.02
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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