Civic Intelligence

Housing Transitions Inc.

990 • Fiscal year 2016 • EIN 25-1472779

Jul 01, 2015 to Jun 30, 2016 • Filed on Apr 25, 2017

PO Box 1391State College, PA 16804

(814) 237-4863

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.44x

Higher debt load relative to assets than 82% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

78th percentile

0.29x

Higher debt load relative to revenue than 78% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

29th percentile

-4.8%

Higher net margin than 29% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

62nd percentile

$42,455

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 5.7% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

19th percentile

-8.2%

Faster asset growth than 19% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

57th percentile

6.4%

Faster revenue growth than 57% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$493,400

Down $44,159 (-8.2%) from 2015

Net Assets

Down

$276,977

Down $35,313 (-11%) from 2015

Liabilities

Down

$216,423

Down $8,846 (-3.9%) from 2015

Revenue

Up

$751,341

Up $45,505 (+6.4%) from 2015

Expenses

Up

$787,307

Up $81,421 (+12%) from 2015

Net Income

Down

-$35,966

Down $35,916 (-71832%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $306,440Liabilities 2010: $120,171Net Assets 2010: $186,2692010Assets 2012: $476,422Liabilities 2012: $208,672Net Assets 2012: $267,7502012Assets 2013: $506,620Liabilities 2013: $237,944Net Assets 2013: $268,6762013Assets 2014: $551,300Liabilities 2014: $234,807Net Assets 2014: $316,4932014Assets 2015: $537,559Liabilities 2015: $225,269Net Assets 2015: $312,2902015Assets 2016: $493,400Liabilities 2016: $216,423Net Assets 2016: $276,9772016Assets 2017: $473,775Liabilities 2017: $216,604Net Assets 2017: $257,1712017Assets 2018: $499,868Liabilities 2018: $208,877Net Assets 2018: $290,9912018Assets 2019: $521,004Liabilities 2019: $171,986Net Assets 2019: $349,0182019Assets 2020: $542,469Liabilities 2020: $200,265Net Assets 2020: $342,2042020Assets 2021: $700,046Liabilities 2021: $155,175Net Assets 2021: $544,8712021Assets 2022: $735,790Liabilities 2022: $140,900Net Assets 2022: $594,8902022Assets 2023: $798,971Liabilities 2023: $128,629Net Assets 2023: $670,3422023Assets 2024: $690,662Liabilities 2024: $144,821Net Assets 2024: $545,8412024Assets 2025: $850,411Liabilities 2025: $121,483Net Assets 2025: $728,9282025

Highlighted filing

2016

Assets$493,400
Liabilities$216,423
Net Assets$276,977

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $597,6672010Expenses 2012: $533,4982012Expenses 2013: $688,4102013Revenue 2014: $751,541Expenses 2014: $721,373Net Income 2014: $30,1682014Revenue 2015: $705,836Expenses 2015: $705,886Net Income 2015: -$502015Revenue 2016: $751,341Expenses 2016: $787,307Net Income 2016: -$35,9662016Revenue 2017: $723,217Expenses 2017: $748,559Net Income 2017: -$25,3422017Revenue 2018: $867,427Expenses 2018: $831,956Net Income 2018: $35,4712018Revenue 2019: $1,046,785Expenses 2019: $991,660Net Income 2019: $55,1252019Revenue 2020: $984,967Expenses 2020: $982,011Net Income 2020: $2,9562020Revenue 2021: $1,337,444Expenses 2021: $1,162,663Net Income 2021: $174,7812021Revenue 2022: $1,367,551Expenses 2022: $1,302,398Net Income 2022: $65,1532022Revenue 2023: $1,663,107Expenses 2023: $1,588,754Net Income 2023: $74,3532023Revenue 2024: $1,228,601Expenses 2024: $1,363,200Net Income 2024: -$134,5992024Revenue 2025: $1,738,485Expenses 2025: $1,576,549Net Income 2025: $161,9362025

Highlighted filing

2016

Revenue$751,341
Expenses$787,307
Net Income-$35,966
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Apr 25, 2017
Return Version
2015v3.0
Gross Receipts
$751,341
Mission and Program Overview

Mission

Housing transitions, inc. ("hti") provides temporary and emergency shelter and various support services to homeless individuals in centre county, pennsylvania.

Hti provides temporary & emergency shelter & various support services to homeless persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$245,684$247,097▲ $1,413
Investments in Publicly Traded Securities$154,250$161,054▲ $6,804
Savings and Temporary Cash Investments$137,625$85,249▼ $52,376
Total Assets$537,559$493,400▼ $44,159
Liabilities
Mortgage Notes Payable Secured by Investment Property$121,466$118,493▼ $2,973
Deferred Revenue$96,062$90,240▼ $5,822
Accounts Payable and Accrued Expenses$7,741$7,690▼ $51
Total Liabilities$225,269$216,423▼ $8,846
Net Assets / Fund Balance
Unrestricted Net Assets$312,290$276,977▼ $35,313
Total Net Assets Fund Balance$312,290$276,977▼ $35,313
Total Liabilities and Net Assets / Fund Balance$537,559$493,400▼ $44,159

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$234,094$215,139$449,233
Leasehold Improvements$8,003$31,112$39,115
Land$5,000-$5,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Morgan WasikonisExecutive DirectorFT$42,455$42,455

Board Members and Trustees

NameTitle
Andrew MaguirePresident
Jane TaylorVice President
Amanda DipolvereMember
Ann GoekeMember
Edie BinkleyMember
Helen SnyderMember
Lynn FederinkoMember
Mark TociMember
Ronald FriedmanMember
Della SmithSecretary
Donna HolmesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$710,372
Program Service Revenue
$34,760
Investment Income
$6,209
Other Revenue
$0
All Other Contributions
$243,069
Change in Net Assets
$-35,966

Audited Revenue Reconciliation

Revenue per Audited Statements
$751,341
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$653
Total Revenue per Audited Statements
$751,994
Total Revenue per Form 990
$751,341
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$496,974
Other Expenses$290,333
Total Fundraising Expense$42,314
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$341,050-$21,538$362,588
Occupancy$51,478--$51,478
Other Employee Benefits$45,716$378$200$46,294
Payroll Taxes$43,527-$2,110$45,637
Current Officers, Directors, Trustees, and Key Employees$42,455--$42,455
Office Expenses$24,885$14$13,075$37,974
Fees for Services Other$23,340$2,493$4,099$29,932
Depreciation Depletion$23,108--$23,108
Interest$7,636--$7,636
Other Expenses$4,472$6$1,244$5,722
Travel$1,792$1,400-$3,192
Total Functional Expenses$739,202$5,791$42,314$787,307

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$787,307
Total Expenses per Audited Statements$787,307
Total Expenses per Form 990$787,307
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
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 of the 990 is provided to board members to review before it is filed.

Form 990, Part VI, Section C, Line 19

Documents are available upon request at the main office in state college, pa or on guidestar.com.

Filing and Contact Details

Filer

Filer Name
Housing Transitions Inc
EIN
25-1472779
Phone
8142374863
Address
PO BOX 1391, STATE COLLEGE, PA 16804

Signing Officer

Name
Ron Quinn
Title
Executive Director
Phone
8142374863
Signed
2017-04-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Morgan Wasikonis
Formed
1984
Legal Domicile
Pa
Voting Board Members
11
Independent Board Members
11
Employees
21
Volunteers
77

Preparer

Firm
Baker Tilly Virchow Krause Llp
Address
220 REGENT COURT SUITE C, STATE COLLEGE, PA 16823
Preparer
Rick Bair CPA
Phone
8142376586
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

No changes in process during current year

Financial Statement Notes

PART X, LINE 2:

The organization accounts for uncertainty in income taxes using a recognition threshold of more-likely-than-not to be sustained upon examination by the appropriate taxing authority. Measurement of the tax uncertainty occurs if the recognition threshold has been met. Management has determined that there were no tax uncertainties that met the recognition threshold in 2016 and 2015.

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IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0ON-SITE SUPPORT SERVIC
IRS990/ProgramServiceRevenueGrp/Desc1CLIENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt026411
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt18349
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt026411
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt18349
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0663513
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt04444
IRS990/PYOtherExpensesAmt0269290
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt037879
IRS990/PYRevenuesLessExpensesAmt0-50
IRS990/PYSalariesCompEmpBnftPaidAmt0436596
IRS990/PYTotalExpensesAmt0705886
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0705836
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-35966
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0751341
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0137625
IRS990/SavingsAndTempCashInvstGrp/EOYAmt085249
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0710376
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0663513
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0675286
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0606058
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0483357
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03138590
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt06208
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04444
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt04231
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt09235
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt05411
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt029529
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0270494
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99070
IRS990ScheduleA/PublicSupportPY170Pct00.99140
IRS990ScheduleA/PublicSupportTotal170Amt03138590
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0710376
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0663513
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0675286
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0606058
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0483357
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03138590
IRS990ScheduleA/TotalSupportAmt03168119
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0234094
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0215139
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0449233
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0787307
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt05000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt08003
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt031112
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt039115
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0653
IRS990ScheduleD/RevenueNotReportedAmt0653
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0751341
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES USING A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. MANAGEMENT HAS DETERMINED THAT THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD IN 2016 AND 2015.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0247097
IRS990ScheduleD/TotalExpensesPerForm990Amt0787307
IRS990ScheduleD/TotalRevenuePerForm990Amt0751341
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0751994
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0787307
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE 990 IS PROVIDED TO BOARD MEMBERS TO REVIEW BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE MAIN OFFICE IN STATE COLLEGE, PA OR ON GUIDESTAR.COM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO CHANGES IN PROCESS DURING CURRENT YEAR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0537559
IRS990/TotalAssetsEOYAmt0493400
IRS990/TotalAssetsGrp/BOYAmt0537559
IRS990/TotalAssetsGrp/EOYAmt0493400
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0710372
IRS990/TotalEmployeeCnt021
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt042314
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05791
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0739202
IRS990/TotalFunctionalExpensesGrp/TotalAmt0787307
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0225269
IRS990/TotalLiabilitiesEOYAmt0216423
IRS990/TotalLiabilitiesGrp/BOYAmt0225269
IRS990/TotalLiabilitiesGrp/EOYAmt0216423
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0312290
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0276977
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0739202
IRS990/TotalProgramServiceRevenueAmt034760
IRS990/TotalReportableCompFromOrgAmt042455
IRS990/TotalRevenueGrp/ExclusionAmt06209
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt034760
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0751341
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt077
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0537559
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0493400
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01400
IRS990/TravelGrp/ProgramServicesAmt01792
IRS990/TravelGrp/TotalAmt03192
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.85$0.12$0.73$1.74$1.58$0.16
2024Detailed filing. Detailed filing data is available for this year.$0.69$0.14$0.55$1.23$1.36$0.13
2023Detailed filing. Detailed filing data is available for this year.$0.80$0.13$0.67$1.66$1.59$0.07
2022Detailed filing. Detailed filing data is available for this year.$0.74$0.14$0.59$1.37$1.30$0.07
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.16$0.54$1.34$1.16$0.17
2020Detailed filing. Detailed filing data is available for this year.$0.54$0.20$0.34$0.98$0.98$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.52$0.17$0.35$1.05$0.99$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.50$0.21$0.29$0.87$0.83$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.47$0.22$0.26$0.72$0.75$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.49$0.22$0.28$0.75$0.79$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.54$0.23$0.31$0.71$0.71$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.55$0.23$0.32$0.75$0.72$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.24$0.27$0.69
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.21$0.27$0.53
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.12$0.19$0.60