Civic Intelligence

Hartnett Foundation

990PF • Fiscal year 2018 • EIN 26-2452903

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 07, 2018

385 South StreetMiddlebury, CT 06762

(203) 598-0026

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

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

2018 filings • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

26th percentile

0.00x

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

2018 filings • $1M-$5M nonprofits • Source year 2018

Net Margin

53rd percentile

4.9%

Higher net margin than 53% of similar nonprofits.

2018 filings • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

42nd percentile

$0

Higher top officer pay than 42% of similar nonprofits.

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

2018 filings • $1M-$5M nonprofits • Source year 2018

Asset Growth

46th percentile

-0.1%

Faster asset growth than 46% of similar nonprofits.

2018 filings • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

2nd percentile

-78%

Faster revenue growth than 2% of similar nonprofits.

2018 filings • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$1,080,152

Down $602 (-0.1%) from 2017

Net Assets

Down

$1,080,152

Down $602 (-0.1%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Down

$53,754

Down $194,578 (-78%) from 2017

Expenses

Up

$51,100

Up $208 (+0.4%) from 2017

Net Income

Down

$2,654

Down $194,786 (-99%) from 2017

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2017: $1,080,754Liabilities 2017: $0Net Assets 2017: $1,080,7542017Assets 2018: $1,080,152Liabilities 2018: $0Net Assets 2018: $1,080,1522018Assets 2019: $1,204,532Liabilities 2019: $0Net Assets 2019: $1,204,5322019Assets 2020: $1,378,387Liabilities 2020: $0Net Assets 2020: $1,378,3872020Assets 2021: $2,399,781Liabilities 2021: $0Net Assets 2021: $2,399,7812021Assets 2022: $2,560,942Liabilities 2022: $0Net Assets 2022: $2,560,9422022Assets 2023: $2,466,961Liabilities 2023: $0Net Assets 2023: $2,466,9612023Assets 2024: $2,503,935Liabilities 2024: $0Net Assets 2024: $2,503,9352024Assets 2025: $4,339,590Liabilities 2025: $0Net Assets 2025: $4,339,5902025

Highlighted filing

2018

Assets$1,080,152
Liabilities$0
Net Assets$1,080,152

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2017: $248,332Expenses 2017: $50,892Net Income 2017: $197,4402017Revenue 2018: $53,754Expenses 2018: $51,100Net Income 2018: $2,6542018Revenue 2019: $192,829Expenses 2019: $62,206Net Income 2019: $130,6232019Revenue 2020: $262,984Expenses 2020: $81,129Net Income 2020: $181,8552020Revenue 2021: $2,176,591Expenses 2021: $237,862Net Income 2021: $1,938,7292021Revenue 2022: $4,160,896Expenses 2022: $184,991Net Income 2022: $3,975,9052022Revenue 2023: $77,424Expenses 2023: $156,699Net Income 2023: -$79,2752023Revenue 2024: $593,767Expenses 2024: $541,923Net Income 2024: $51,8442024Revenue 2025: $2,320,929Expenses 2025: $477,267Net Income 2025: $1,843,6622025

Highlighted filing

2018

Revenue$53,754
Expenses$51,100
Net Income$2,654
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 7, 2018
Return Version
2017v2.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael HartnettTrustee-$0--
Veronica HartnettTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Harnett Foundation
EIN
26-2452903
In Care Of
% Michael Hartnett
Phone
2035980026
Address
385 South Street, Middlebury, CT 06762

Signing Officer

Name
Michael Hartnett
Title
Trustee
Phone
2035980026
Signed
2018-11-07
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IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt014636
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OtherDecreasesSchedule/OtherDecreasesDetail/Amt0535
OtherDecreasesSchedule/OtherDecreasesDetail/Amt11824
OtherDecreasesSchedule/OtherDecreasesDetail/Amt2897
OtherDecreasesSchedule/OtherDecreasesDetail/Desc0Dividends classified as return of capital Blackrock CEF
OtherDecreasesSchedule/OtherDecreasesDetail/Desc1Dividends classified as return of capital MFS Multimarket CEF
OtherDecreasesSchedule/OtherDecreasesDetail/Desc2Dividends classified as return of capital Annally Cap REIT
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0Bank Transaction fees
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt050
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt050
OtherIncomeSchedule2/OtherIncomeDetail/Desc0Capital Gain Distribution - Mutual Funds
OtherIncomeSchedule2/OtherIncomeDetail/Desc1Master limited partnership distribution
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt02271
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt15894
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt02271
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt15894
TaxesSchedule/TaxesDetail/AdjustedNetIncomeAmt00
TaxesSchedule/TaxesDetail/Amt0949
TaxesSchedule/TaxesDetail/CategoryTxt0Excise tax based on investment income
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt00
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt0949
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Michael Hartnett
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Trustee
ReturnHeader/BusinessOfficerGrp/PhoneNum02035980026
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Harnett Foundation
ReturnHeader/Filer/BusinessNameControlTxt0HARN
ReturnHeader/Filer/EIN0262452903
ReturnHeader/Filer/InCareOfNm0% Michael Hartnett
ReturnHeader/Filer/PhoneNum02035980026

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