Civic Intelligence

Harmony Fund Inc.

990 • Fiscal year 2020 • EIN 27-1293736

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 03, 2021

800 Main Street Suite 217Holden, MA 01520

(978) 712-4365

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.24x

Higher debt load relative to assets than 72% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

46th percentile

0.04x

Higher debt load relative to revenue than 46% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

58th percentile

10%

Higher net margin than 58% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

83rd percentile

$84,565

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 12.3% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

94th percentile

181%

Faster asset growth than 94% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

70th percentile

14%

Faster revenue growth than 70% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$115,034

Up $74,064 (+181%) from 2019

Net Assets

Up

$87,167

Up $75,476 (+646%) from 2019

Liabilities

Down

$27,867

Down $1,412 (-4.8%) from 2019

Revenue

Up

$684,847

Up $85,764 (+14%) from 2019

Expenses

Down

$613,016

Down $10,109 (-1.6%) from 2019

Net Income

Up

$71,831

Up $95,873 (+399%) from 2019

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: $734Liabilities 2010: $1,169Net Assets 2010: -$4352010Assets 2011: $6,293Liabilities 2011: $0Net Assets 2011: $6,2932011Assets 2012: $41,183Liabilities 2012: $9,697Net Assets 2012: $31,4862012Assets 2013: $24,744Liabilities 2013: $11,140Net Assets 2013: $13,6042013Assets 2014: $112,630Liabilities 2014: $9,774Net Assets 2014: $102,8562014Assets 2015: $118,899Liabilities 2015: $7,334Net Assets 2015: $111,5652015Assets 2016: $61,262Liabilities 2016: $8,614Net Assets 2016: $52,6482016Assets 2017: $52,351Liabilities 2017: $10,121Net Assets 2017: $42,2302017Assets 2018: $46,133Liabilities 2018: $10,400Net Assets 2018: $35,7332018Assets 2019: $40,970Liabilities 2019: $29,279Net Assets 2019: $11,6912019Assets 2020: $115,034Liabilities 2020: $27,867Net Assets 2020: $87,1672020Assets 2021: $99,797Liabilities 2021: $8,032Net Assets 2021: $91,7652021Assets 2022: $246,093Liabilities 2022: $11,420Net Assets 2022: $234,6732022Assets 2023: $171,524Liabilities 2023: $10,223Net Assets 2023: $161,3012023Assets 2024: $56,422Liabilities 2024: $0Net Assets 2024: $56,4222024

Highlighted filing

2020

Assets$115,034
Liabilities$27,867
Net Assets$87,167

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $9,460Expenses 2010: $8,726Net Income 2010: $7342010Revenue 2011: $94,818Expenses 2011: $88,090Net Income 2011: $6,7282011Expenses 2012: $286,6712012Revenue 2013: $578,354Expenses 2013: $596,236Net Income 2013: -$17,8822013Revenue 2014: $700,033Expenses 2014: $610,781Net Income 2014: $89,2522014Revenue 2015: $528,380Expenses 2015: $519,671Net Income 2015: $8,7092015Revenue 2016: $494,570Expenses 2016: $553,487Net Income 2016: -$58,9172016Revenue 2017: $467,050Expenses 2017: $477,468Net Income 2017: -$10,4182017Revenue 2018: $612,658Expenses 2018: $627,445Net Income 2018: -$14,7872018Revenue 2019: $599,083Expenses 2019: $623,125Net Income 2019: -$24,0422019Revenue 2020: $684,847Expenses 2020: $613,016Net Income 2020: $71,8312020Revenue 2021: $747,468Expenses 2021: $742,870Net Income 2021: $4,5982021Revenue 2022: $1,360,440Expenses 2022: $1,228,442Net Income 2022: $131,9982022Revenue 2023: $1,085,536Expenses 2023: $1,160,562Net Income 2023: -$75,0262023Revenue 2024: $1,368,885Expenses 2024: $1,473,329Net Income 2024: -$104,4442024

Highlighted filing

2020

Revenue$684,847
Expenses$613,016
Net Income$71,831
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 3, 2021
Return Version
2020v4.1
Gross Receipts
$684,847
Mission and Program Overview

Mission

The organization supports global projects and organizations whose mission is to rescue and protect animals and wildlife.

The Harmony Fund sponsors international animal rescue and wildlife protection.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$40,970$115,034▲ $74,064
Loans From Officers Directors$18,694$563▼ $18,131
Total Assets$40,970$115,034▲ $74,064
Liabilities
Other Liabilities-$18,657-
Accounts Payable and Accrued Expenses$10,585$8,647▼ $1,938
Total Liabilities$29,279$27,867▼ $1,412
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,191$57,611▲ $56,420
Net Assets With Donor Restrictions$10,500$29,556▲ $19,056
Total Net Assets Fund Balance$11,691$87,167▲ $75,476
Total Liabilities and Net Assets / Fund Balance$40,970$115,034▲ $74,064
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Laura SimpsonVice PresidentFT$84,565$84,565

Board Members and Trustees

NameTitle
Joan YenawinePresident
Daria JustynVice President
Lisey GoodSecretary
Michelle MullerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$684,837
Program Service Revenue
$0
Investment Income
$10
Other Revenue
$0
All Other Contributions
$684,837
Change in Net Assets
$71,831

Audited Revenue Reconciliation

Revenue per Audited Statements
$684,847
Total Revenue per Audited Statements
$684,847
Total Revenue per Form 990
$684,847
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$454,085
Salaries, Compensation, and Employee Benefits$91,218
Other Expenses$67,713
Total Fundraising Expense$28,161
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$395,110--$395,110
Current Officers, Directors, Trustees, and Key Employees$67,652$10,571$6,342$84,565
Grants to Domestic Individuals$58,975--$58,975
Advertising--$15,296$15,296
Fees for Services Accounting-$11,126-$11,126
All Other Expenses$1,541$6,945-$8,486
Payroll Taxes$5,322$832$499$6,653
Information Technology-$217$3,977$4,194
Other Expenses$3,725$1,309$349$1,309
Total Functional Expenses$550,442$34,413$28,161$613,016

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$613,016
Total Expenses per Audited Statements$613,016
Total Expenses per Form 990$613,016
International Activity

International Summary

Spending
$372,561

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe including Iceland and GreenlandGrant makingAnimalRescueShelter--$316,525
South AsiaGrant makingAnimalRescueShelter--$27,616
Middle East and North AfricaGrant makingAnimalRescueShelter--$18,055
South AmericaGrant makingAnimalRescueShelter--$10,365
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$18,694$563▼ $18,131
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Short term debt-PPP loan$18,657
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Business relationship with 35% controlled entity
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

The organizations vice president reviews a copy of the 990 and PC, and approves it for filing

CEO executive director top management comp Part VI line 15A

The board approves compensation to be paid to the vice president which is generally based upon a percentage of the gross support received by the organization

Governing documents etc available to public Part VI line 19

Organizations governing documents are available through Attorney General website as well as upon request

Filing and Contact Details

Filer

Filer Name
Harmony Fund Inc
EIN
27-1293736
Address
800 Main Street Suite 217, Holden, MA 01520

Signing Officer

Name
Laura Simpson
Title
Vice President
Phone
9787124365
Signed
2021-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laura Simpson
Formed
2009
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
4
Employees
1

Preparer

Firm
Mariya Babson CPA
Address
170 Parks St, Duxbury, MA 02332
Preparer
Mariya Babson CPA
Phone
7815887732
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesSubtotalAmt0613016
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt018657
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Short term debt-PPP loan
IRS990ScheduleD/RevenueSubtotalAmt0684847
IRS990ScheduleD/TotalExpensesPerForm990Amt0613016
IRS990ScheduleD/TotalLiabilityAmt018657
IRS990ScheduleD/TotalRevenuePerForm990Amt0684847
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0684847
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0613016
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0316525
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt127616
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt218055
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt310365
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Europe including Iceland and Greenland
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1South Asia
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2Middle East and North Africa
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt3South America
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0AnimalRescueShelter
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1AnimalRescueShelter
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2AnimalRescueShelter
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt3AnimalRescueShelter
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Grant making
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1Grant making
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2Grant making
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt3Grant making
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt0316525
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt0PayPal or Wire
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt0Europe including Iceland and Greenland
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt0Various Individuals
IRS990ScheduleF/ForeignIndividualsGrantsGrp/ValuationMethodUsedDesc0Book
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalSpentAmt0372561
IRS990ScheduleF/TotalSpentAmt0372561
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt053716
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Rescued animals assistance
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0Animal food beds veterinary services litter
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0Book
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Executive Director monitors organizations or individual that receive grants for animal rescue or animal shelters in the United States and overseas. Monitoring includes talking to grant recipients over the phone, seeing rescue videos or shelter pictures, use of volunteers where available.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Monitoring procedures (Part I, line 2)
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0563
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Support org
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt018694
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Laura Simpson
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Executive Director
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt0563
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organizations vice president reviews a copy of the 990 and PC, and approves it for filing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The board approves compensation to be paid to the vice president which is generally based upon a percentage of the gross support received by the organization
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Organizations governing documents are available through Attorney General website as well as upon request
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt040970
IRS990/TotalAssetsEOYAmt0115034
IRS990/TotalAssetsGrp/BOYAmt040970
IRS990/TotalAssetsGrp/EOYAmt0115034
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0684837
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt028161
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt034413
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0550442
IRS990/TotalFunctionalExpensesGrp/TotalAmt0613016
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt029279
IRS990/TotalLiabilitiesEOYAmt027867
IRS990/TotalLiabilitiesGrp/BOYAmt029279
IRS990/TotalLiabilitiesGrp/EOYAmt027867
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt011691
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt087167
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0550442
IRS990/TotalReportableCompFromOrgAmt084565
IRS990/TotalRevenueGrp/ExclusionAmt010
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0684847
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt040970
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0115034
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0www.HarmonyFund.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Laura Simpson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Vice President
ReturnHeader/BusinessOfficerGrp/PhoneNum09787124365
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Harmony Fund Inc
ReturnHeader/Filer/BusinessNameControlTxt0HARM
ReturnHeader/Filer/EIN0271293736
ReturnHeader/Filer/USAddress/AddressLine1Txt0800 Main Street Suite 217
ReturnHeader/Filer/USAddress/CityNm0Holden
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001520
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Mariya Babson CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0170 Parks St

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.00$0.06$1.37$1.47$0.10
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.17$0.01$0.16$1.09$1.16$0.08
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.01$0.23$1.36$1.23$0.13
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.10$0.01$0.09$0.75$0.74$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.12$0.03$0.09$0.68$0.61$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.04$0.03$0.01$0.60$0.62$0.02
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.01$0.04$0.61$0.63$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.05$0.01$0.04$0.47$0.48$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.06$0.01$0.05$0.49$0.55$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.12$0.01$0.11$0.53$0.52$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.11$0.01$0.10$0.70$0.61$0.09
2013Detailed filing. Detailed filing data is available for this year.$0.02$0.01$0.01$0.58$0.60$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.01$0.03$0.29
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.00$0.01$0.09$0.09$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.01$0.01$0.00