Civic Intelligence

Heroes in Transition Inc.

990 • Fiscal year 2018 • EIN 27-1981637

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 28, 2019

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

73rd percentile

0.05x

Higher debt load relative to assets than 73% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

77th percentile

0.05x

Higher debt load relative to revenue than 77% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

50th percentile

3.3%

Higher net margin than 50% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

55th percentile

4.3%

Faster asset growth than 55% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

25th percentile

-19%

Faster revenue growth than 25% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$401,890

Up $16,551 (+4.3%) from 2017

Net Assets

Up

$381,391

Up $13,629 (+3.7%) from 2017

Liabilities

Up

$20,499

Up $2,922 (+17%) from 2017

Revenue

Down

$411,459

Down $96,895 (-19%) from 2017

Expenses

Up

$397,830

Up $118,130 (+42%) from 2017

Net Income

Down

$13,629

Down $215,025 (-94%) from 2017

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 2018: $401,890Liabilities 2018: $20,499Net Assets 2018: $381,3912018Assets 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

2018

Assets$401,890
Liabilities$20,499
Net Assets$381,391

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 2018: $411,459Expenses 2018: $397,830Net Income 2018: $13,6292018Revenue 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

2018

Revenue$411,459
Expenses$397,830
Net Income$13,629
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 28, 2019
Return Version
2018v3.1
Gross Receipts
$494,171
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$385,339$401,890▲ $16,551
Total Assets$385,339$401,890▲ $16,551
Liabilities
Accounts Payable and Accrued Expenses$17,577$20,499▲ $2,922
Total Liabilities$17,577$20,499▲ $2,922
Net Assets / Fund Balance
Unrestricted Net Assets$251,147$314,624▲ $63,477
Temporarily Rstr Net Assets$116,615$66,767▼ $49,848
Total Net Assets Fund Balance$367,762$381,391▲ $13,629
Total Liabilities and Net Assets / Fund Balance$385,339$401,890▲ $16,551
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$232,063
Program Service Revenue
$0
Investment Income
$439
Other Revenue
$178,957
All Other Contributions
$93,222
Change in Net Assets
$13,629

Audited Revenue Reconciliation

Revenue per Audited Statements
$411,459
Revenue Not Reported on Form 990
$82,712
Total Revenue per Audited Statements
$494,171
Total Revenue per Form 990
$411,459
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$226,556
Other Expenses$89,341
Salaries, Compensation, and Employee Benefits$81,933
Total Fundraising Expense$29,041
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$180,199--$180,199
Other Salaries and Wages$37,903$12,634$25,269$75,806
Grants to Domestic Individuals$46,357--$46,357
Fees for Services Accounting-$13,839-$13,839
Advertising$10,232$1,137-$11,369
Fees for Services Legal$10,704--$10,704
Office Expenses$8,432$1,289$819$10,540
Payroll Taxes$3,064$980$2,083$6,127
Information Technology$4,639$290$870$5,799
Insurance$2,162$540-$2,702
Travel-$1,579-$1,579
Other Expenses$30,502$250-$250
Total Functional Expenses$334,194$34,595$29,041$397,830

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$480,542
Expenses per Audited Statements$397,830
Total Expenses per Form 990$397,830
Expenses Not Reported on Form 990$82,712
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Canine Copilot Program--Dog Program for Vet$67,551
Equine ProgramFalmouth, MA-Transitional Support$19,695
Housing Assistance CorporationHyannis, MA3Housing Asst.$16,755
Food Bank for WestchesterPeekskill, NY3Va Food Bank$15,000
Montrose Va Food Pantry--Ccp Program$15,000
Falmouth Service CenterMashpee, MA-Veteran Support$12,000
St Vincent De PaulCotuit, MA3Veteran Support$10,000
Va Charters IncWest Haven, CT3Veteran Fishing Help$7,500
Cape Cod Cares for the TroopsBrewster, MA3Veteran Support$7,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$261,669
Fundraising Direct Expenses$82,712
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Road Races$174,712$174,712$28,118$146,594
Cape Cod Gala$110,873$51,480$18,295$33,185
Total Events$400,510$261,669$82,712$178,957
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
2019-10-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cynthia Jones
Formed
2010
Legal Domicile
Ma
Voting Board Members
11
Independent Board Members
11
Employees
1
Volunteers
150

Preparer

Firm
Sanders Walsh & Eaton Cpas LLC
Address
PO BOX F, OSTERVILLE, MA 02655
Preparer
Joseph F Mcgee 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 82,712 special events revenue -82,712

Financial Statement Notes

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

Special events expenses 82,712

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

Special events revenue 82,712

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SPECIAL EVENTS EXPENSES 82,712
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SPECIAL EVENTS REVENUE 82,712
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt14850
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2VETERAN SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3VETERAN SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4VETERAN FISHING HELP
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5TRANSITIONAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6VETERAN SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7CCP PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8DOG PROGRAM FOR VET
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0FOOD BANK FOR WESTCHESTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1HOUSING ASSISTANCE CORPORATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2ST VINCENT DE PAUL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3CAPE COD CARES FOR THE TROOPS
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5EQUINE PROGRAM
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7MONTROSE VA FOOD PANTRY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8CANINE COPILOT PROGRAM
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