Civic Intelligence

Heroes in Transition Inc.

990 • Fiscal year 2017 • EIN 27-1981637

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 30, 2018

22 Bates Road Rm/Ste 135Mashpee, MA 02649

(508) 539-1010

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.05x

Higher debt load relative to assets than 53% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

50th percentile

0.03x

Higher debt load relative to revenue than 50% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

90th percentile

45%

Higher net margin than 90% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

96th percentile

155%

Faster asset growth than 96% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

69th percentile

18%

Faster revenue growth than 69% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$385,339

Up $243,751 (+172%) from 2015

Net Assets

Up

$367,762

Up $251,218 (+216%) from 2015

Liabilities

Down

$17,577

Down $7,467 (-30%) from 2015

Revenue

Up

$508,354

Up $139,238 (+38%) from 2015

Expenses

Down

$279,700

Down $110,874 (-28%) from 2015

Net Income

Up

$228,654

Up $250,112 (+1166%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $63,386Liabilities 2010: $27,643Net Assets 2010: $35,7432010Assets 2011: $73,263Liabilities 2011: $0Net Assets 2011: $73,2632011Assets 2012: $109,191Liabilities 2012: $0Net Assets 2012: $109,1912012Assets 2014: $155,886Liabilities 2014: $17,884Net Assets 2014: $138,0022014Assets 2015: $141,588Liabilities 2015: $25,044Net Assets 2015: $116,5442015Assets 2017: $385,339Liabilities 2017: $17,577Net Assets 2017: $367,7622017Assets 2020: $546,151Liabilities 2020: $21,772Net Assets 2020: $524,3792020Assets 2021: $688,354Liabilities 2021: $25,818Net Assets 2021: $662,5362021Assets 2022: $957,586Liabilities 2022: $32,115Net Assets 2022: $925,4712022Assets 2024: $1,416,090Liabilities 2024: $39,208Net Assets 2024: $1,376,8822024

Highlighted filing

2017

Assets$385,339
Liabilities$17,577
Net Assets$367,762

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2010: $76,214Expenses 2010: $40,471Net Income 2010: $35,7432010Expenses 2011: $133,7292011Expenses 2012: $128,8692012Revenue 2014: $423,916Expenses 2014: $370,668Net Income 2014: $53,2482014Revenue 2015: $369,116Expenses 2015: $390,574Net Income 2015: -$21,4582015Revenue 2017: $508,354Expenses 2017: $279,700Net Income 2017: $228,6542017Revenue 2020: $310,452Expenses 2020: $252,508Net Income 2020: $57,9442020Revenue 2021: $393,860Expenses 2021: $255,703Net Income 2021: $138,1572021Revenue 2022: $573,063Expenses 2022: $310,128Net Income 2022: $262,9352022Revenue 2024: $799,753Expenses 2024: $550,596Net Income 2024: $249,1572024

Highlighted filing

2017

Revenue$508,354
Expenses$279,700
Net Income$228,654
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 30, 2018
Return Version
2017v2.3
Gross Receipts
$580,982
Mission and Program Overview

Mission

Heroes in transition, inc. Recognizes those who have served or who are serving our country, especially in the oif/oef conflicts, by providing appropriate assistance to those with special needs in four key areas: - home modifications for disabled veterans - providing assistance dogs for veterans - transitional support group therapy for veterans and their families - financial support for military families our mission is to provide assistance that is not readily available from other organizations including local, state, and federal agencies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$151,157$385,339▲ $234,182
Total Assets$151,157$385,339▲ $234,182
Liabilities
Accounts Payable and Accrued Expenses$12,656$17,577▲ $4,921
Total Liabilities$12,656$17,577▲ $4,921
Net Assets / Fund Balance
Unrestricted Net Assets$138,501$251,147▲ $112,646
Temporarily Rstr Net Assets-$116,615-
Total Net Assets Fund Balance$138,501$367,762▲ $229,261
Total Liabilities and Net Assets / Fund Balance$151,157$385,339▲ $234,182
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$261,124
Program Service Revenue
$0
Investment Income
$24
Other Revenue
$247,206
All Other Contributions
$73,987
Change in Net Assets
$228,654

Audited Revenue Reconciliation

Revenue per Audited Statements
$508,354
Revenue Not Reported on Form 990
$72,628
Total Revenue per Audited Statements
$580,982
Total Revenue per Form 990
$508,354
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$132,383
Other Expenses$87,686
Salaries, Compensation, and Employee Benefits$59,631
Total Fundraising Expense$24,108
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$110,966--$110,966
Other Salaries and Wages$28,519$5,647$22,588$56,754
Grants to Domestic Individuals$21,417--$21,417
Advertising$12,883$1,431-$14,314
Office Expenses$9,487$1,122$1,251$11,860
Fees for Services Accounting-$11,123-$11,123
Fees for Services Legal-$7,143-$7,143
Payroll Taxes-$2,877-$2,877
Insurance$2,033$508-$2,541
Information Technology$1,432$90$269$1,791
Travel-$1,768-$1,768
Other Expenses$36,180$200-$200
Total Functional Expenses$222,917$32,675$24,108$279,700

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$352,328
Expenses per Audited Statements$279,700
Total Expenses per Form 990$279,700
Expenses Not Reported on Form 990$72,628
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Base Camp WestchesterPleasantville, NY3Veteran Support$25,000
St Vincent De PaulCotuit, MAChurchVeteran Support$20,000
Va Hudson Valley Health CareMontrose, NYVaMontrose Va Food Pan$15,000
Operation Reel HeroesYarmouth, MA3Veteran Support$11,291
Va Charters IncWest Haven, CT3Vet. Fishing Trips$10,000
Housing Assistance CorporationHyannis, MA3Housing Asst.$5,815
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$319,834
Fundraising Direct Expenses$72,628
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Road Races$190,663$190,663$21,031$169,632
New York Gala$193,068$76,266$30,570$45,696
Total Events$506,971$319,834$72,628$247,206
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
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Cynthia jones kenneth jones president director spouse

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

The form 990 is distributed to all members of the board of directors and is reviewed and discussed in detail by the board.

Form 990, Page 6, Part VI, Line 19

Governing documents and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Heroes in Transition Inc
EIN
27-1981637
Phone
5085391010
Address
22 BATES ROAD RM/STE 135, MASHPEE, MA 02649

Signing Officer

Name
Cynthia Jones
Title
President
Phone
5085391010
Signed
2018-06-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cynthia Jones
Formed
2010
Legal Domicile
Ma
Voting Board Members
10
Independent Board Members
10
Employees
1

Preparer

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

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Heroes in transition, inc. Recognizes those who have served or who are serving our country, especially in the oif/oef conflicts, by providing appropriate assistance to those with special needs in four key areas: - home modifications for disabled veterans - providing assistance dogs for veterans - transitional support group therapy for veterans and their families - financial support for military families our mission is to provide assistance that is not readily available from other organizations including local, state, and federal agencies.

Form 990, Part XI, Line 9

Special events expenses 72,628 special events revenue -72,628

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Special events expenses 72,628

Schedule D, Page 4, Part XII, Line 2D

Special events revenue 72,628

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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt052
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0257
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0319834
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0393194
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0355793
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0274771
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt070
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IRS990ScheduleA/InvestmentIncomePYPct00.00000
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IRS990ScheduleA/PublicSupportPY509Pct00.99990
IRS990ScheduleA/PublicSupportTotal509Amt02233475
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0580958
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0491824
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0480478
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0423846
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0256369
IRS990ScheduleA/Total509Grp/TotalAmt02233475
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0580982
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0491859
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0480554
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0423916
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0256421
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02233732
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IRS990ScheduleD/ExpensesNotReportedAmt072628
IRS990ScheduleD/ExpensesSubtotalAmt0279700
IRS990ScheduleD/OtherExpensesIncludedAmt072628
IRS990ScheduleD/OtherRevenueAmt072628
IRS990ScheduleD/RevenueNotReportedAmt072628
IRS990ScheduleD/RevenueSubtotalAmt0508354
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SPECIAL EVENTS EXPENSES 72,628
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SPECIAL EVENTS REVENUE 72,628
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalExpensesPerForm990Amt0279700
IRS990ScheduleD/TotalRevenuePerForm990Amt0508354
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0580982
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0352328
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0187137
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0116802
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt070335
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt072628
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0NEW YORK GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0ROAD RACES
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0193068
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0190663
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt0123240
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0506971
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt076266
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt0190663
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt052905
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IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0247206
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt021027
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt072628
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt030570
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt021031
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt04
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt021417
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0VETERAN FINANCIAL ASST.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0GOODS, SERVICES
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt029
IRS990ScheduleI/RecipientTable/CashGrantAmt05815
IRS990ScheduleI/RecipientTable/CashGrantAmt120000
IRS990ScheduleI/RecipientTable/CashGrantAmt225000
IRS990ScheduleI/RecipientTable/CashGrantAmt315000
IRS990ScheduleI/RecipientTable/CashGrantAmt411291
IRS990ScheduleI/RecipientTable/CashGrantAmt510000
IRS990ScheduleI/RecipientTable/IRCSectionDesc03
IRS990ScheduleI/RecipientTable/IRCSectionDesc1CHURCH
IRS990ScheduleI/RecipientTable/IRCSectionDesc23
IRS990ScheduleI/RecipientTable/IRCSectionDesc3VA
IRS990ScheduleI/RecipientTable/IRCSectionDesc43
IRS990ScheduleI/RecipientTable/IRCSectionDesc53
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0HOUSING ASST.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1VETERAN SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2VETERAN SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3MONTROSE VA FOOD PAN
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4VETERAN SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5VET. FISHING TRIPS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0HOUSING ASSISTANCE CORPORATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1ST VINCENT DE PAUL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2BASE CAMP WESTCHESTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3VA HUDSON VALLEY HEALTH CARE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4OPERATION REEL HEROES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5VA CHARTERS INC
IRS990ScheduleI/RecipientTable/RecipientEIN0237431255
IRS990ScheduleI/RecipientTable/RecipientEIN1271533863
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0480 W MAIN STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1FALMOUTH RD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2PO BOX 224
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt32094 ALBANY POST RD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4MAIN STREET
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IRS990ScheduleI/RecipientTable/USAddress/CityNm0HYANNIS
IRS990ScheduleI/RecipientTable/USAddress/CityNm1COTUIT
IRS990ScheduleI/RecipientTable/USAddress/CityNm2PLEASANTVILLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm3MONTROSE
IRS990ScheduleI/RecipientTable/USAddress/CityNm4YARMOUTH
IRS990ScheduleI/RecipientTable/USAddress/CityNm5WEST HAVEN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4MA
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IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HEROES IN TRANSITION, INC. RECOGNIZES THOSE WHO HAVE SERVED OR WHO ARE SERVING OUR COUNTRY, ESPECIALLY IN THE OIF/OEF CONFLICTS, BY PROVIDING APPROPRIATE ASSISTANCE TO THOSE WITH SPECIAL NEEDS IN FOUR KEY AREAS: - HOME MODIFICATIONS FOR DISABLED VETERANS - PROVIDING ASSISTANCE DOGS FOR VETERANS - TRANSITIONAL SUPPORT GROUP THERAPY FOR VETERANS AND THEIR FAMILIES - FINANCIAL SUPPORT FOR MILITARY FAMILIES OUR MISSION IS TO PROVIDE ASSISTANCE THAT IS NOT READILY AVAILABLE FROM OTHER ORGANIZATIONS INCLUDING LOCAL, STATE, AND FEDERAL AGENCIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CYNTHIA JONES KENNETH JONES PRESIDENT DIRECTOR SPOUSE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS DISTRIBUTED TO ALL MEMBERS OF THE BOARD OF DIRECTORS AND IS REVIEWED AND DISCUSSED IN DETAIL BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SPECIAL EVENTS EXPENSES 72,628 SPECIAL EVENTS REVENUE -72,628
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA

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