Civic Intelligence

Homefront Inc.

990 • Fiscal year 2017 • EIN 30-0281085

Sep 01, 2016 to Aug 31, 2017 • Filed on Jul 12, 2018

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

58th percentile

0.07x

Higher debt load relative to assets than 58% of similar nonprofits.

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

Liabilities / Revenue

50th percentile

0.04x

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

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

Net Margin

23rd percentile

-7.8%

Higher net margin than 23% of similar nonprofits.

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

Top Officer Pay

82nd percentile

$82,400

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 8.9% of source-year revenue.

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

Asset Growth

13th percentile

-12%

Faster asset growth than 13% of similar nonprofits.

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

Revenue Growth

25th percentile

-8.4%

Faster revenue growth than 25% of similar nonprofits.

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

Assets

Down

$461,591

Down $63,926 (-12%) from 2016

Net Assets

Down

$428,563

Down $72,232 (-14%) from 2016

Liabilities

Up

$33,028

Up $8,306 (+34%) from 2016

Revenue

Down

$921,718

Down $84,693 (-8.4%) from 2016

Expenses

Down

$993,950

Down $34,242 (-3.3%) from 2016

Net Income

Down

-$72,232

Down $50,451 (-232%) from 2016

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

2017

Assets$461,591
Liabilities$33,028
Net Assets$428,563

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

2017

Revenue$921,718
Expenses$993,950
Net Income-$72,232
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
Jul 12, 2018
Return Version
2016v3.1
Gross Receipts
$921,718
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$419,841$421,413▲ $1,572
Cash and Non-Interest-Bearing Accounts$87,355$33,453▼ $53,902
Prepaid Expenses and Deferred Charges$18,321$6,725▼ $11,596
Total Assets$525,517$461,591▼ $63,926
Liabilities
Accounts Payable and Accrued Expenses$24,722$33,028▲ $8,306
Total Liabilities$24,722$33,028▲ $8,306
Net Assets / Fund Balance
Unrestricted Net Assets$470,795$418,563▼ $52,232
Temporarily Rstr Net Assets$30,000$10,000▼ $20,000
Total Net Assets Fund Balance$500,795$428,563▼ $72,232
Total Liabilities and Net Assets / Fund Balance$525,517$461,591▼ $63,926
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
SEAN O'BRIENExec DirectoFT$82,400$82,400

Board Members and Trustees

NameTitle
Alan ArmstrongBoard of Director
Chris PurcellBoard of Director
Dan ZenoBoard of Director
Gordon AlbertBoard of Director
James WenningBoard of Director
Kenneth WiegandBoard of Director
Margaret HardenerBoard of Director
Peter Valenti IiiBoard of Director
Dennis BrownSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$921,718
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$821,718
Change in Net Assets
$-72,232

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 Table2$418,769
Total Noncash Contributions2$418,769

Audited Revenue Reconciliation

Revenue per Audited Statements
$921,718
Total Revenue per Audited Statements
$921,718
Total Revenue per Form 990
$921,718
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$696,157
Salaries, Compensation, and Employee Benefits$297,793
Total Fundraising Expense$32,743
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$587,197--$587,197
Other Salaries and Wages$116,940$42,993$12,038$171,971
Current Officers, Directors, Trustees, and Key Employees$56,032$20,600$5,768$82,400
Occupancy$42,006$2,258$904$45,168
Other Employee Benefits$15,695$5,770$1,616$23,081
Payroll Taxes$13,832$5,085$1,424$20,341
Advertising$9,078-$9,834$18,912
Insurance$13,147$722$578$14,447
Office Expenses$10,001$1,028$581$11,610
Travel$11,392--$11,392
Fees for Services Accounting$1,431$6,000-$7,431
Total Functional Expenses$876,751$84,456$32,743$993,950

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$993,950
Total Expenses per Audited Statements$993,950
Total Expenses per Form 990$993,950
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
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
Exec Director
Phone
8008874673
Signed
2018-07-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
SEAN O'BRIEN
Formed
1988
Legal Domicile
Ct
Voting Board Members
9
Independent Board Members
9
Employees
7

Preparer

Firm
Arnell Daponte & Company LLC
Address
98 MILL PLAIN RD W, DANBURY, CT 06811
Preparer
Joseph P Daponte
Phone
2037979681
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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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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXEC DIRECTO
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OUR 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/ExplanationTxt1IF 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/ExplanationTxt2OUR 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/ExplanationTxt3THE 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 6, PART VI, LINE 11B
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
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ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SEAN O'BRIEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXEC DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08008874673
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-07-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOMEFRONT INC
ReturnHeader/Filer/BusinessNameControlTxt0HOME
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ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0B89D40E2F51C29FBDA726C87544665591FC6DBBD
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204052653
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/PreparationDt02018-07-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH P DAPONTE
ReturnHeader/ReturnTs02018-07-13T13:43:21-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-09-01
ReturnHeader/TaxPeriodEndDt02017-08-31
ReturnHeader/TaxYr02016

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