Civic Intelligence

Hech South Harwich Inc

990 • Fiscal year 2016 • EIN 26-3335767

Jan 01, 2016 to Dec 31, 2016 • Filed on Mar 27, 2017

120 Route 28 3rd Floor PO Box 638West Harwich, MA 02671

(508) 432-0015

Siviq Scores

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

Liabilities / Assets

95th percentile

1.17x

Higher debt load relative to assets than 95% of similar nonprofits.

2016 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

90th percentile

15.21x

Higher debt load relative to revenue than 90% of similar nonprofits.

2016 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2016

Net Margin

16th percentile

-32%

Higher net margin than 16% of similar nonprofits.

2016 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2016 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2016

Asset Growth

35th percentile

-2.4%

Faster asset growth than 35% of similar nonprofits.

2016 filings • 501(c)2 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

42nd percentile

-0.7%

Faster revenue growth than 42% of similar nonprofits.

2016 filings • 501(c)2 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,695,321

Down $40,943 (-2.4%) from 2015

Net Assets

Down

-$280,218

Down $40,937 (-17%) from 2015

Liabilities

Down

$1,975,539

Down $6 (-0.0%) from 2015

Revenue

Down

$129,850

Down $873 (-0.7%) from 2015

Expenses

Up

$170,787

Up $7,483 (+4.6%) from 2015

Net Income

Down

-$40,937

Down $8,356 (-26%) from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $2,251,931Liabilities 2010: $2,014,036Net Assets 2010: $237,8952010Assets 2011: $1,920,799Liabilities 2011: $2,004,356Net Assets 2011: -$83,5572011Assets 2012: $1,869,478Liabilities 2012: $1,995,852Net Assets 2012: -$126,3742012Assets 2013: $1,820,104Liabilities 2013: $1,986,426Net Assets 2013: -$166,3222013Assets 2014: $1,769,853Liabilities 2014: $1,976,553Net Assets 2014: -$206,7002014Assets 2015: $1,736,264Liabilities 2015: $1,975,545Net Assets 2015: -$239,2812015Assets 2016: $1,695,321Liabilities 2016: $1,975,539Net Assets 2016: -$280,2182016Assets 2017: $1,664,478Liabilities 2017: $1,948,334Net Assets 2017: -$283,8562017Assets 2018: $1,606,275Liabilities 2018: $1,934,691Net Assets 2018: -$328,4162018Assets 2019: $1,556,096Liabilities 2019: $1,919,757Net Assets 2019: -$363,6612019Assets 2020: $1,511,155Liabilities 2020: $1,901,457Net Assets 2020: -$390,3022020Assets 2021: $1,410,483Liabilities 2021: $1,837,038Net Assets 2021: -$426,5552021Assets 2022: $1,351,558Liabilities 2022: $1,823,385Net Assets 2022: -$471,8272022Assets 2023: $1,304,589Liabilities 2023: $1,807,279Net Assets 2023: -$502,6902023Assets 2024: $1,262,725Liabilities 2024: $1,791,886Net Assets 2024: -$529,1612024

Highlighted filing

2016

Assets$1,695,321
Liabilities$1,975,539
Net Assets-$280,218

Operations Trend

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

$200K$100K$0-$100KExpenses 2010: $136,5832010Expenses 2011: $157,9802011Expenses 2012: $164,7052012Revenue 2013: $117,689Expenses 2013: $157,637Net Income 2013: -$39,9482013Revenue 2014: $117,860Expenses 2014: $158,238Net Income 2014: -$40,3782014Revenue 2015: $130,723Expenses 2015: $163,304Net Income 2015: -$32,5812015Revenue 2016: $129,850Expenses 2016: $170,787Net Income 2016: -$40,9372016Revenue 2017: $167,352Expenses 2017: $170,990Net Income 2017: -$3,6382017Revenue 2018: $127,592Expenses 2018: $172,152Net Income 2018: -$44,5602018Revenue 2019: $128,322Expenses 2019: $163,567Net Income 2019: -$35,2452019Revenue 2020: $130,267Expenses 2020: $156,908Net Income 2020: -$26,6412020Revenue 2021: $130,288Expenses 2021: $166,541Net Income 2021: -$36,2532021Revenue 2022: $131,394Expenses 2022: $176,666Net Income 2022: -$45,2722022Revenue 2023: $144,909Expenses 2023: $175,772Net Income 2023: -$30,8632023Revenue 2024: $164,567Expenses 2024: $191,038Net Income 2024: -$26,4712024

Highlighted filing

2016

Revenue$129,850
Expenses$170,787
Net Income-$40,937
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Mar 27, 2017
Return Version
2016v3.0
Gross Receipts
$129,850
Mission and Program Overview

Mission

Title holding company for collecting rental income.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,613,345$1,566,977▼ $46,368
Intangible Assets$68,987$66,022▼ $2,965
Accounts Receivable$6,781$20,841▲ $14,060
Cash and Non-Interest-Bearing Accounts$14,692$9,769▼ $4,923
Total Assets$1,736,264$1,695,321▼ $40,943
Other Assets Total$32,459$31,712▼ $747
Liabilities
Other Liabilities$1,965,025$1,953,584▼ $11,441
Accounts Payable and Accrued Expenses$10,520$21,955▲ $11,435
Total Liabilities$1,975,545$1,975,539▼ $6
Net Assets / Fund Balance
Unrestricted Net Assets$-239,281$-280,218▼ $40,937
Total Net Assets Fund Balance$-239,281$-280,218▼ $40,937
Total Liabilities and Net Assets / Fund Balance$1,736,264$1,695,321▼ $40,943

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,114,606$381,852$1,496,458
Land$450,000-$450,000
Equipment$2,371$112$2,483
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$37,252
Program Service Revenue
$88,282
Investment Income
$144
Other Revenue
$4,172
Change in Net Assets
$-40,937

Audited Revenue Reconciliation

Revenue per Audited Statements
$129,850
Total Revenue per Audited Statements
$129,850
Total Revenue per Form 990
$129,850
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$152,295
Salaries, Compensation, and Employee Benefits$18,492
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$54,089--$54,089
Interest$37,749--$37,749
Occupancy$14,792--$14,792
Other Salaries and Wages-$14,203-$14,203
Insurance$11,567--$11,567
Fees for Services Accounting-$4,700-$4,700
Payroll Taxes-$4,289-$4,289
Fees for Services Legal-$2,878-$2,878
Office Expenses$25--$25
Other Expenses$21$1,800-$21
All Other Expenses$2--$2
Total Functional Expenses$142,917$27,870$0$170,787

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$170,787
Total Expenses per Audited Statements$170,787
Total Expenses per Form 990$170,787
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Mortgages$1,953,584
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The board of directors will receive a copy of the form 990 filing via e-mail and have authorized the executive director to review and sign on their behalf.

Form 990, Page 6, Part VI, Line 12C

The organization approved a conflict of interest policy and follows it as a written and recorded in the minutes. The board is responsible, along with the executive director, to ensure compliance.

Form 990, Page 6, Part VI, Line 15A

Independent board members reviewed and approved the compensation of the executive director and documented the process in minutes of the board of directors.

Form 990, Page 6, Part VI, Line 19

Governing documents and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Hech South Harwich Inc
EIN
26-3335767
Phone
5084320015
Address
120 ROUTE 28 3RD FLOOR PO BOX 638, WEST HARWICH, MA 02671

Signing Officer

Name
Thomas Peterson
Title
Treasurer
Phone
5084320015
Signed
2017-03-27

Organization Details

Principal Officer
Robin Wilkins
Formed
2008
Legal Domicile
Ma
Voting Board Members
11
Independent Board Members
11
Employees
0

Preparer

Firm
Sanders Walsh & Eaton Llp
Address
PO BOX F, OSTERVILLE, MA 02655
Preparer
Michael J Walsh CPA
Phone
5084280790
Supplemental Narrative

Additional Explanations

Form 990, Part XII

The board of directors have the responsibility to oversee the audit.

Raw XML Appendix369 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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IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02483
IRS990ScheduleD/ExpensesSubtotalAmt0170787
IRS990ScheduleD/LandGrp/BookValueAmt0450000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0450000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01953584
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MORTGAGES
IRS990ScheduleD/RevenueSubtotalAmt0129850
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01566977
IRS990ScheduleD/TotalExpensesPerForm990Amt0170787
IRS990ScheduleD/TotalLiabilityAmt01953584
IRS990ScheduleD/TotalRevenuePerForm990Amt0129850
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0129850
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0170787
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS WILL RECEIVE A COPY OF THE FORM 990 FILING VIA E-MAIL AND HAVE AUTHORIZED THE EXECUTIVE DIRECTOR TO REVIEW AND SIGN ON THEIR BEHALF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION APPROVED A CONFLICT OF INTEREST POLICY AND FOLLOWS IT AS A WRITTEN AND RECORDED IN THE MINUTES. THE BOARD IS RESPONSIBLE, ALONG WITH THE EXECUTIVE DIRECTOR, TO ENSURE COMPLIANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INDEPENDENT BOARD MEMBERS REVIEWED AND APPROVED THE COMPENSATION OF THE EXECUTIVE DIRECTOR AND DOCUMENTED THE PROCESS IN MINUTES OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS HAVE THE RESPONSIBILITY TO OVERSEE THE AUDIT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt01695321
IRS990/TotalAssetsGrp/BOYAmt01736264
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IRS990/TotalContributionsAmt037252
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt027870
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0142917
IRS990/TotalFunctionalExpensesGrp/TotalAmt0170787
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01975545
IRS990/TotalLiabilitiesEOYAmt01975539
IRS990/TotalLiabilitiesGrp/BOYAmt01975545
IRS990/TotalLiabilitiesGrp/EOYAmt01975539
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-239281
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-280218
IRS990/TotalProgramServiceExpensesAmt0142917
IRS990/TotalProgramServiceRevenueAmt088282
IRS990/TotalRevenueGrp/ExclusionAmt0144
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt092454
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0129850
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01736264
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01695321
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-239281
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-280218
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0126 BANK STREET
IRS990/USAddress/CityNm0HARWICH
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002645
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.HECH.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS PETERSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05084320015
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-03-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HECH SOUTH HARWICH INC
ReturnHeader/Filer/BusinessNameControlTxt0HECH
ReturnHeader/Filer/EIN0263335767
ReturnHeader/Filer/PhoneNum05084320015
ReturnHeader/Filer/USAddress/AddressLine1Txt0120 ROUTE 28 3RD FLOOR PO BOX 638
ReturnHeader/Filer/USAddress/CityNm0WEST HARWICH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002671
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0928666E08B3313B3039F72C5F272C5EBEECF0D6E
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId05FFE779C02ED89F10C2945F763B599D72B9E88E6
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043128198
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SANDERS WALSH & EATON LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX F
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OSTERVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002655
ReturnHeader/PreparerPersonGrp/PhoneNum05084280790
ReturnHeader/PreparerPersonGrp/PreparationDt02017-06-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL J WALSH CPA
ReturnHeader/ReturnTs02017-06-20T13:44:00-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.26$1.79$0.53$0.16$0.19$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.30$1.81$0.50$0.14$0.18$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.35$1.82$0.47$0.13$0.18$0.05
2021Detailed filing. Detailed filing data is available for this year.$1.41$1.84$0.43$0.13$0.17$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.51$1.90$0.39$0.13$0.16$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.56$1.92$0.36$0.13$0.16$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.61$1.93$0.33$0.13$0.17$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.66$1.95$0.28$0.17$0.17$0.00
2016Detailed filing. Detailed filing data is available for this year.$1.70$1.98$0.28$0.13$0.17$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.74$1.98$0.24$0.13$0.16$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.77$1.98$0.21$0.12$0.16$0.04
2013Detailed filing. Detailed filing data is available for this year.$1.82$1.99$0.17$0.12$0.16$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.87$2.00$0.13$0.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.92$2.00$0.08$0.16
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.25$2.01$0.24$0.14