Civic Intelligence

Homefront Inc.

990 • Fiscal year 2015 • EIN 30-0281085

Sep 01, 2014 to Aug 31, 2015 • Filed on Jul 13, 2016

88 Hamilton AveStamford, CT 06902

(800) 887-4673

Siviq Scores

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

Liabilities / Assets

36th percentile

0.03x

Higher debt load relative to assets than 36% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

23rd percentile

0.02x

Higher debt load relative to revenue than 23% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

56th percentile

4.6%

Higher net margin than 56% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

71st percentile

9.0%

Faster asset growth than 71% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

29th percentile

-4.8%

Faster revenue growth than 29% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$541,526

Up $44,703 (+9.0%) from 2014

Net Assets

Up

$522,576

Up $55,571 (+12%) from 2014

Liabilities

Down

$18,950

Down $10,868 (-36%) from 2014

Revenue

Down

$1,204,162

Down $60,244 (-4.8%) from 2014

Expenses

Down

$1,148,591

Down $199,071 (-15%) from 2014

Net Income

Up

$55,571

Up $138,827 (+167%) from 2014

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2013: $585,973Liabilities 2013: $35,712Net Assets 2013: $550,2612013Assets 2014: $496,823Liabilities 2014: $29,818Net Assets 2014: $467,0052014Assets 2015: $541,526Liabilities 2015: $18,950Net Assets 2015: $522,5762015Assets 2016: $525,517Liabilities 2016: $24,722Net Assets 2016: $500,7952016Assets 2017: $461,591Liabilities 2017: $33,028Net Assets 2017: $428,5632017Assets 2018: $491,260Liabilities 2018: $13,200Net Assets 2018: $478,0602018Assets 2019: $456,715Liabilities 2019: $6,355Net Assets 2019: $450,3602019Assets 2020: $696,438Liabilities 2020: $7,564Net Assets 2020: $688,8742020Assets 2021: $658,464Liabilities 2021: $208,994Net Assets 2021: $449,4702021Assets 2022: $464,443Liabilities 2022: $204,208Net Assets 2022: $260,2352022Assets 2023: $345,599Liabilities 2023: $213,319Net Assets 2023: $132,2802023Assets 2024: $533,639Liabilities 2024: $182,816Net Assets 2024: $350,8232024

Highlighted filing

2015

Assets$541,526
Liabilities$18,950
Net Assets$522,576

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2013: $1,287,7062013Revenue 2014: $1,264,406Expenses 2014: $1,347,662Net Income 2014: -$83,2562014Revenue 2015: $1,204,162Expenses 2015: $1,148,591Net Income 2015: $55,5712015Revenue 2016: $1,006,411Expenses 2016: $1,028,192Net Income 2016: -$21,7812016Revenue 2017: $921,718Expenses 2017: $993,950Net Income 2017: -$72,2322017Revenue 2018: $1,051,219Expenses 2018: $1,001,722Net Income 2018: $49,4972018Revenue 2019: $499,809Expenses 2019: $527,509Net Income 2019: -$27,7002019Revenue 2020: $710,976Expenses 2020: $474,205Net Income 2020: $236,7712020Revenue 2021: $718,278Expenses 2021: $753,702Net Income 2021: -$35,4242021Revenue 2022: $546,759Expenses 2022: $735,994Net Income 2022: -$189,2352022Revenue 2023: $464,886Expenses 2023: $592,841Net Income 2023: -$127,9552023Revenue 2024: $815,778Expenses 2024: $597,235Net Income 2024: $218,5432024

Highlighted filing

2015

Revenue$1,204,162
Expenses$1,148,591
Net Income$55,571
Jump To
Filing Snapshot
Filing Period
Sep 1, 2014 to Aug 31, 2015
Signed
Jul 13, 2016
Return Version
2014v6.0
Gross Receipts
$1,204,162
Mission and Program Overview

Mission

To provide quality of life repairs at no cost to homeowners in need by combining skilled labor, quality materials and enthusiastic volunteers to bring about enduring changes.

To provide quality of life repairs at no cost to homeowners in need by combining skilled labor, quality materials and enthusiastic volunteers to bring about enduring changes

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$386,032$392,343▲ $6,311
Cash and Non-Interest-Bearing Accounts$104,614$143,006▲ $38,392
Prepaid Expenses and Deferred Charges$6,177$6,177→ $0
Total Assets$496,823$541,526▲ $44,703
Liabilities
Accounts Payable and Accrued Expenses$29,818$18,950▼ $10,868
Total Liabilities$29,818$18,950▼ $10,868
Net Assets / Fund Balance
Unrestricted Net Assets$467,005$522,576▲ $55,571
Total Net Assets Fund Balance$467,005$522,576▲ $55,571
Total Liabilities and Net Assets / Fund Balance$496,823$541,526▲ $44,703
Compensation and Service Providers

Board Members and Trustees

NameTitle
Alan ArmstrongBoard of Director
Chris PurcellBoard of Director
Gordon AlbertBoard of Director
James WenningBoard of Director
Kenneth WiegandBoard of Director
SEAN O'BRIENExec Directo
Dennis BrownSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,204,162
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,204,162
Change in Net Assets
$55,571

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table1$554,640
Total Noncash Contributions1$554,640

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,204,162
Total Revenue per Audited Statements
$1,204,162
Total Revenue per Form 990
$1,204,162
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$830,463
Salaries, Compensation, and Employee Benefits$318,128
Total Fundraising Expense$33,398
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$722,198--$722,198
Other Salaries and Wages$178,612$65,666$18,386$262,664
Occupancy$43,512$2,339$936$46,787
Other Employee Benefits$18,678$6,867$1,923$27,468
Payroll Taxes$16,902$6,214$1,740$24,856
Advertising$8,204-$8,887$17,091
Office Expenses$13,387$1,575$788$15,750
Insurance$12,240$673$538$13,451
Travel$7,802--$7,802
Fees for Services Accounting$984$6,000-$6,984
Pension Plan Contributions$2,690$250$200$3,140
Fees for Services Other$400--$400
Total Functional Expenses$1,025,609$89,584$33,398$1,148,591

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,148,591
Total Expenses per Audited Statements$1,148,591
Total Expenses per Form 990$1,148,591
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
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
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Our form 990 is completed by our accounting firm, review by management and distributed to the board of directors for comment. Comments are addressed prior to filing the 990 with the irs.

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

If a dirctor or executive officer believes that he or she may have a conflict of interest with respect to any particular transaction, he or she shall promptly and fully disclose the potential conflict to the chief executive officer ("ceo") and the chair of the governance committee and the latter shall then promptly notify all members of the governance committee. If the governance committe determines that there is in fact a conflict with respect of a director, the conflict shall be reported to the full board, and the affected director shall agree to answer any questions about the matter that other board members may have. If the particular transaction requires a vote of the board, or of one of its committees, the affected director shall not be counted for purposes of a quorum nor shall he or she vote on the matter. The minutes shall report the quorom determination and the voting. If the governance committee determines that there is in fact a conflict concerning a particular transaction with respect to an executive officer, they shall exercise their best judgement about the appropriate course to follow, which may include: approval of the transaction despite the conflict if they are reasonably certain that the best interests of homefront will be served thereby, or referral of the issue to legal counsel for advice, or referral of the issue to the appropriate committee of the board of directors, or to the full board, for decision. Execpt that in all cases wherein the governance committee determines that there is in fact a conflict of interest concerning a particular transaction involving an officer of homefront, the full board shall be notified of the resolution of the issue and the affected officer shall agree to answer any questions about the matter that board members may have. If the governance committee determines that there is no conflict of interest with respect to a particular transaction involving a director or officer, they need not notify the board of directors, but the secretary of the board shall keep a record of the decision which shall be available to board members upon request. In any case in which the potential conflict with respect to a particular transaction involves either the ceo or the chairman of the board of directiors, the affected party shall notify the chair of the governance committee, and the conflict shall then be reported to the full board, and the ceo or chairman of the board shall agree to answer any questions about the matter that other board members may have. If the particular transaction requires a vote of the board, or one of its committees, the ceo or chairman shall not be counted for purposes of a quorom nor shall he or she vote on the matter. The minutes shall report the quoron determination and the voting.

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

Our board of directors determines the compensation of our executive director. Salaries of senior staff members are determined by the executive director and approved by the board of directors.

Form 990, Page 6, Part VI, Line 19

The organization's financial statements are included on the audited financial statements which are prepared in accordance with gaap. The full financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Homefront Inc
EIN
30-0281085
Address
88 HAMILTON AVE, STAMFORD, CT 06902

Signing Officer

Name
SEAN O'BRIEN
Title
Exe Director
Signed
2016-07-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
SEAN O'BRIEN
Formed
1988
Legal Domicile
Ct
Voting Board Members
7
Independent Board Members
7
Employees
8

Preparer

Firm
Arnell Daponte & Company LLC
Address
98 MILL PLAIN RD W, DANBURY, CT 06811
Preparer
Joseph P Daponte
Phone
2037979681
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Supporting homefront's mission, hundreds of volunteers come together each year to impact the lives of homeowners in need, donating their time and expertise to complete critaical home repairs that would otherwise be betond their reach. Joining these civic and corporate volunteers are professional tradespeople who also contribute their time to supervise projects such as replacing aging doors and windows, installing wheelchair ramps, and repairing roofs and heating systems at no cost to qualified homeowners. Since the program started in 1988, homefront has provided more than 33 million in donated goods and services to homeowners. The estimated value of goods and services donated directly to homeowners is a cumulative 30 million.

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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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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0850997
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SUPPORTING HOMEFRONT'S MISSION, HUNDREDS OF VOLUNTEERS COME TOGETHER EACH YEAR TO IMPACT THE LIVES OF HOMEOWNERS IN NEED, DONATING THEIR TIME AND EXPERTISE TO COMPLETE CRITAICAL HOME REPAIRS THAT WOULD OTHERWISE BE BETOND THEIR REACH. JOINING THESE CIVIC AND CORPORATE VOLUNTEERS ARE PROFESSIONAL TRADESPEOPLE WHO ALSO CONTRIBUTE THEIR TIME TO SUPERVISE PROJECTS SUCH AS REPLACING AGING DOORS AND WINDOWS, INSTALLING WHEELCHAIR RAMPS, AND REPAIRING ROOFS AND HEATING SYSTEMS AT NO COST TO QUALIFIED HOMEOWNERS. SINCE THE PROGRAM STARTED IN 1988, HOMEFRONT HAS PROVIDED MORE THAN 33 MILLION IN DONATED GOODS AND SERVICES TO HOMEOWNERS. THE ESTIMATED VALUE OF GOODS AND SERVICES DONATED DIRECTLY TO HOMEOWNERS IS A CUMULATIVE 30 MILLION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OUR FORM 990 IS COMPLETED BY OUR ACCOUNTING FIRM, REVIEW BY MANAGEMENT AND DISTRIBUTED TO THE BOARD OF DIRECTORS FOR COMMENT. COMMENTS ARE ADDRESSED PRIOR TO FILING THE 990 WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IF A DIRCTOR OR EXECUTIVE OFFICER BELIEVES THAT HE OR SHE MAY HAVE A CONFLICT OF INTEREST WITH RESPECT TO ANY PARTICULAR TRANSACTION, HE OR SHE SHALL PROMPTLY AND FULLY DISCLOSE THE POTENTIAL CONFLICT TO THE CHIEF EXECUTIVE OFFICER ("CEO") AND THE CHAIR OF THE GOVERNANCE COMMITTEE AND THE LATTER SHALL THEN PROMPTLY NOTIFY ALL MEMBERS OF THE GOVERNANCE COMMITTEE. IF THE GOVERNANCE COMMITTE DETERMINES THAT THERE IS IN FACT A CONFLICT WITH RESPECT OF A DIRECTOR, THE CONFLICT SHALL BE REPORTED TO THE FULL BOARD, AND THE AFFECTED DIRECTOR SHALL AGREE TO ANSWER ANY QUESTIONS ABOUT THE MATTER THAT OTHER BOARD MEMBERS MAY HAVE. IF THE PARTICULAR TRANSACTION REQUIRES A VOTE OF THE BOARD, OR OF ONE OF ITS COMMITTEES, THE AFFECTED DIRECTOR SHALL NOT BE COUNTED FOR PURPOSES OF A QUORUM NOR SHALL HE OR SHE VOTE ON THE MATTER. THE MINUTES SHALL REPORT THE QUOROM DETERMINATION AND THE VOTING. IF THE GOVERNANCE COMMITTEE DETERMINES THAT THERE IS IN FACT A CONFLICT CONCERNING A PARTICULAR TRANSACTION WITH RESPECT TO AN EXECUTIVE OFFICER, THEY SHALL EXERCISE THEIR BEST JUDGEMENT ABOUT THE APPROPRIATE COURSE TO FOLLOW, WHICH MAY INCLUDE: APPROVAL OF THE TRANSACTION DESPITE THE CONFLICT IF THEY ARE REASONABLY CERTAIN THAT THE BEST INTERESTS OF HOMEFRONT WILL BE SERVED THEREBY, OR REFERRAL OF THE ISSUE TO LEGAL COUNSEL FOR ADVICE, OR REFERRAL OF THE ISSUE TO THE APPROPRIATE COMMITTEE OF THE BOARD OF DIRECTORS, OR TO THE FULL BOARD, FOR DECISION. EXECPT THAT IN ALL CASES WHEREIN THE GOVERNANCE COMMITTEE DETERMINES THAT THERE IS IN FACT A CONFLICT OF INTEREST CONCERNING A PARTICULAR TRANSACTION INVOLVING AN OFFICER OF HOMEFRONT, THE FULL BOARD SHALL BE NOTIFIED OF THE RESOLUTION OF THE ISSUE AND THE AFFECTED OFFICER SHALL AGREE TO ANSWER ANY QUESTIONS ABOUT THE MATTER THAT BOARD MEMBERS MAY HAVE. IF THE GOVERNANCE COMMITTEE DETERMINES THAT THERE IS NO CONFLICT OF INTEREST WITH RESPECT TO A PARTICULAR TRANSACTION INVOLVING A DIRECTOR OR OFFICER, THEY NEED NOT NOTIFY THE BOARD OF DIRECTORS, BUT THE SECRETARY OF THE BOARD SHALL KEEP A RECORD OF THE DECISION WHICH SHALL BE AVAILABLE TO BOARD MEMBERS UPON REQUEST. IN ANY CASE IN WHICH THE POTENTIAL CONFLICT WITH RESPECT TO A PARTICULAR TRANSACTION INVOLVES EITHER THE CEO OR THE CHAIRMAN OF THE BOARD OF DIRECTIORS, THE AFFECTED PARTY SHALL NOTIFY THE CHAIR OF THE GOVERNANCE COMMITTEE, AND THE CONFLICT SHALL THEN BE REPORTED TO THE FULL BOARD, AND THE CEO OR CHAIRMAN OF THE BOARD SHALL AGREE TO ANSWER ANY QUESTIONS ABOUT THE MATTER THAT OTHER BOARD MEMBERS MAY HAVE. IF THE PARTICULAR TRANSACTION REQUIRES A VOTE OF THE BOARD, OR ONE OF ITS COMMITTEES, THE CEO OR CHAIRMAN SHALL NOT BE COUNTED FOR PURPOSES OF A QUOROM NOR SHALL HE OR SHE VOTE ON THE MATTER. THE MINUTES SHALL REPORT THE QUORON DETERMINATION AND THE VOTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OUR BOARD OF DIRECTORS DETERMINES THE COMPENSATION OF OUR EXECUTIVE DIRECTOR. SALARIES OF SENIOR STAFF MEMBERS ARE DETERMINED BY THE EXECUTIVE DIRECTOR AND APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S FINANCIAL STATEMENTS ARE INCLUDED ON THE AUDITED FINANCIAL STATEMENTS WHICH ARE PREPARED IN ACCORDANCE WITH GAAP. THE FULL FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/USAddress/AddressLine1Txt088 HAMILTON AVENUE
IRS990/USAddress/CityNm0STAMFORD
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ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SEAN O'BRIEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXE DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-07-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOMEFRONT INC
ReturnHeader/Filer/BusinessNameControlTxt0HOME
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ARNELL DAPONTE & COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt098 MILL PLAIN RD W
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DANBURY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006811
ReturnHeader/PreparerPersonGrp/PhoneNum02037979681
ReturnHeader/PreparerPersonGrp/PreparationDt02016-07-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH P DAPONTE
ReturnHeader/ReturnTs02016-07-13T15:40:05-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-09-01
ReturnHeader/TaxPeriodEndDt02015-08-31
ReturnHeader/TaxYr02014

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