Civic Intelligence

Billy Esposito Foundation Inc DBA a Caring Hand

990 • Fiscal year 2016 • EIN 27-0013948

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 13, 2017

303 Fifth Ave Suite 806NY, NY 10016

(516) 889-5546

Siviq Scores

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

Liabilities / Assets

79th percentile

0.12x

Higher debt load relative to assets than 79% of similar nonprofits.

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

Liabilities / Revenue

82nd percentile

0.11x

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

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

Net Margin

8th percentile

-48%

Higher net margin than 8% of similar nonprofits.

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

Top Officer Pay

98th percentile

$100,000

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 56.5% of source-year revenue.

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

Asset Growth

15th percentile

-31%

Faster asset growth than 15% of similar nonprofits.

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

Revenue Growth

20th percentile

-26%

Faster revenue growth than 20% of similar nonprofits.

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

Assets

Down

$157,503

Down $71,252 (-31%) from 2015

Net Assets

Down

$138,578

Down $84,111 (-38%) from 2015

Liabilities

Up

$18,925

Up $12,859 (+212%) from 2015

Revenue

Down

$177,041

Down $61,976 (-26%) from 2015

Expenses

Up

$261,152

Up $52,491 (+25%) from 2015

Net Income

Down

-$84,111

Down $114,467 (-377%) from 2015

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2010: $26,061Liabilities 2010: $7,200Net Assets 2010: $18,8612010Assets 2012: $91,403Liabilities 2012: $3,635Net Assets 2012: $87,7682012Assets 2013: $65,574Liabilities 2013: $3,660Net Assets 2013: $61,9142013Assets 2014: $196,008Liabilities 2014: $3,675Net Assets 2014: $192,3332014Assets 2015: $228,755Liabilities 2015: $6,066Net Assets 2015: $222,6892015Assets 2016: $157,503Liabilities 2016: $18,925Net Assets 2016: $138,5782016Assets 2017: $79,882Liabilities 2017: $38,758Net Assets 2017: $41,1242017Assets 2018: $31,048Liabilities 2018: $38,877Net Assets 2018: -$7,8292018Assets 2019: $53,159Liabilities 2019: $48,515Net Assets 2019: $4,6442019Assets 2020: $58,768Liabilities 2020: $143,365Net Assets 2020: -$84,5972020

Highlighted filing

2016

Assets$157,503
Liabilities$18,925
Net Assets$138,578

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $128,8762010Expenses 2012: $78,1632012Revenue 2013: $126,398Expenses 2013: $152,252Net Income 2013: -$25,8542013Revenue 2014: $292,210Expenses 2014: $161,791Net Income 2014: $130,4192014Revenue 2015: $239,017Expenses 2015: $208,661Net Income 2015: $30,3562015Revenue 2016: $177,041Expenses 2016: $261,152Net Income 2016: -$84,1112016Revenue 2017: $221,275Expenses 2017: $318,729Net Income 2017: -$97,4542017Revenue 2018: $178,991Expenses 2018: $227,944Net Income 2018: -$48,9532018Revenue 2019: $238,775Expenses 2019: $226,302Net Income 2019: $12,4732019Revenue 2020: $61,045Expenses 2020: $189,368Net Income 2020: -$128,3232020

Highlighted filing

2016

Revenue$177,041
Expenses$261,152
Net Income-$84,111
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 13, 2017
Return Version
2016v3.0
Gross Receipts
$420,608
Mission and Program Overview

Mission

SEE SCHEDULE 0

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$227,505$144,753▼ $82,752
Accounts Receivable-$11,500-
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$228,755$157,503▼ $71,252
Other Assets Total$1,250$1,250→ $0
Liabilities
Accounts Payable and Accrued Expenses$6,066$18,925▲ $12,859
Total Liabilities$6,066$18,925▲ $12,859
Net Assets / Fund Balance
Unrestricted Net Assets$222,689$138,578▼ $84,111
Total Net Assets Fund Balance$222,689$138,578▼ $84,111
Total Liabilities and Net Assets / Fund Balance$228,755$157,503▼ $71,252

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$4,284-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Robin F GoodmanExecutive DirectorFT$100,000$100,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$41,514
Investment Income
$94
Other Revenue
$135,433
Change in Net Assets
$-84,111

Audited Revenue Reconciliation

Revenue per Audited Statements
$177,041
Total Revenue per Audited Statements
$177,041
Total Revenue per Form 990
$177,041
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$133,717
Other Expenses$97,261
Professional Fundraising Fees$30,174
Total Fundraising Expense$30,174
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$83,547$16,453-$100,000
Occupancy$32,774$13,200-$45,974
Fees for Services Professional Fundraising--$30,174$30,174
Other Salaries and Wages$12,599$2,481-$15,080
Insurance-$10,168-$10,168
Payroll Taxes$8,164$1,608-$9,772
Other Employee Benefits$7,092$1,773-$8,865
Fees for Services Accounting-$5,500-$5,500
All Other Expenses$5,366$62-$5,428
Other Expenses$3,598--$3,598
Office Expenses$1,101$1,423-$2,524
Conferences and Meetings$1,745--$1,745
Advertising$6$1,695-$1,701
Fees for Services Legal-$821-$821
Total Functional Expenses$175,794$55,184$30,174$261,152

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$261,152
Total Expenses per Audited Statements$261,152
Total Expenses per Form 990$261,152
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$379,000
Fundraising Direct Expenses$243,567
Professional Fundraising Fees$30,174

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraiser$379,000$379,000$171,285$207,715
Total Events$379,000$379,000$243,567$135,433
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Susan esposito (daughter), craig esposito (brother), stevie esposito (mother)

Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents

Name: The name of the organization was change from A Caring Hand, The Billy Esposito Foundation, Inc. to A Caring Hand, Founded in Memory of Billy Esposito, Inc.Officers, committees and procedures: The officer positions of the board of directors was revised and now includes the following; Chairperson, Vice Chairperson, Treasurer, Secretary, Founder and President Emeritus. The number of board members allowed was increased and term limits was added. Vacancies, selection and resignation procedures were updated. The duties and responsibilities of the officers, board members, and executive director were revised. Meeting and voting requirements and procedures was revised. Committee type, composition, and responsibilities were defined. Policies: Whistleblower, retention and anti-discrimination policies were added and updated.

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

Susan esposito-lombardo (president), david cohodes (sectretary), howard meltzer (treasurer)

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

Decisions of the governing body are voted on

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

Decisions of the governing body are voted on

Form 990, Part VI, Line 11B: Form 990 Review Process

Officers and board of directors review form 990 with the cpa before filing it with the irs and before making it available to the public.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Through board meetings and discussions with cpa

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

UPON REQUEST

Form 990, Part VI, Section B, Line 15B

The process of determining compensation for any officers or key employees is that the compensation is based on industry standards and years of service. As well as a review by board based on qualifications.

Filing and Contact Details

Filer

Filer Name
A Caring Hand Founded in Memory
EIN
27-0013948
Phone
5168895546
Address
303 Fifth Ave Suite 806, NY, NY 10016

Signing Officer

Name
Howard Meltzer
Title
Treasurer
Signed
2017-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Howard Meltzer
Formed
2002
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
13
Volunteers
30

Preparer

Firm
Samuels & Associates CPAS LLC
Address
30b Vreeland Rd-Ste 120, Florham Park, NJ 07932
Preparer
Howard J Samuels CPA
Phone
9735820627
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1 - Organization Mission

Dedicated to meeting with bereaved children and families whenever they are in their grief and fulfill their needs in a caring and knowledgeable environment through services to help them with their emotional journey

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