Civic Intelligence

Hearts and Hammers - Twin Cities Inc

990EZ • Fiscal year 2014 • EIN 41-1955595

Jan 01, 2014 to Dec 31, 2014 • Filed on Jul 13, 2015

5421 Feltl Road 150Minnetonka, MN 55343

(651) 272-9120

Siviq Scores

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

Liabilities / Assets

60th percentile

0.01x

Higher debt load relative to assets than 60% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

60th percentile

0.01x

Higher debt load relative to revenue than 60% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

57th percentile

6.2%

Higher net margin than 57% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

89th percentile

$38,625

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 26.0% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

60th percentile

7.9%

Faster asset growth than 60% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

44th percentile

-2.0%

Faster revenue growth than 44% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$139,001

Up $10,120 (+7.9%) from 2013

Net Assets

Up

$138,078

Up $9,197 (+7.1%) from 2013

Liabilities

$923

No earlier filing loaded for comparison.

Revenue

Down

$148,540

Down $2,956 (-2.0%) from 2013

Expenses

Up

$139,344

Up $21,290 (+18%) from 2013

Net Income

Down

$9,196

Down $24,246 (-73%) from 2013

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $82,877Liabilities 2010: $10,780Net Assets 2010: $72,0972010Assets 2011: $97,288Liabilities 2011: $3,647Net Assets 2011: $93,6412011Assets 2012: $98,694Liabilities 2012: $3,255Net Assets 2012: $95,4392012Assets 2013: $128,881Net Assets 2013: $128,8812013Assets 2014: $139,001Liabilities 2014: $923Net Assets 2014: $138,0782014Assets 2015: $166,320Net Assets 2015: $166,3202015Assets 2016: $211,820Liabilities 2016: $26,182Net Assets 2016: $185,6382016Assets 2017: $152,817Liabilities 2017: $10,355Net Assets 2017: $142,4622017Assets 2018: $97,365Liabilities 2018: $5,310Net Assets 2018: $92,0552018Assets 2019: $135,665Liabilities 2019: $5,641Net Assets 2019: $130,0242019Assets 2020: $153,105Liabilities 2020: $5,639Net Assets 2020: $147,4662020Assets 2021: $241,298Liabilities 2021: $11,644Net Assets 2021: $229,6542021Assets 2022: $365,980Liabilities 2022: $61,740Net Assets 2022: $304,2402022Assets 2023: $464,287Liabilities 2023: $39,911Net Assets 2023: $424,3762023Assets 2024: $398,878Liabilities 2024: $16,054Net Assets 2024: $382,8242024Assets 2025: $574,960Liabilities 2025: $181,121Net Assets 2025: $393,8392025

Highlighted filing

2014

Assets$139,001
Liabilities$923
Net Assets$138,078

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $132,241Expenses 2010: $140,278Net Income 2010: -$8,0372010Revenue 2011: $150,717Expenses 2011: $129,174Net Income 2011: $21,5432011Revenue 2012: $142,275Expenses 2012: $140,477Net Income 2012: $1,7982012Revenue 2013: $151,496Expenses 2013: $118,054Net Income 2013: $33,4422013Revenue 2014: $148,540Expenses 2014: $139,344Net Income 2014: $9,1962014Revenue 2015: $139,109Expenses 2015: $110,867Net Income 2015: $28,2422015Revenue 2016: $249,346Expenses 2016: $230,028Net Income 2016: $19,3182016Revenue 2017: $217,544Expenses 2017: $260,720Net Income 2017: -$43,1762017Revenue 2018: $322,735Expenses 2018: $373,142Net Income 2018: -$50,4072018Revenue 2019: $371,723Expenses 2019: $333,754Net Income 2019: $37,9692019Revenue 2020: $203,008Expenses 2020: $185,566Net Income 2020: $17,4422020Revenue 2021: $335,093Expenses 2021: $252,906Net Income 2021: $82,1872021Revenue 2022: $401,792Expenses 2022: $324,903Net Income 2022: $76,8892022Revenue 2023: $474,759Expenses 2023: $364,878Net Income 2023: $109,8812023Revenue 2024: $407,379Expenses 2024: $469,330Net Income 2024: -$61,9512024Revenue 2025: $505,941Expenses 2025: $514,934Net Income 2025: -$8,9932025

Highlighted filing

2014

Revenue$148,540
Expenses$139,344
Net Income$9,196
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jul 13, 2015
Return Version
2014v5.0
Gross Receipts
$160,171
Mission and Program Overview

Mission

Hearts & hammers - twin cities inc., is a private non-profit organization which assists financially qualifying homeowners with limited abilities, elderly and military veterans by organizing teams of volunteers to paint and make exterior repairs and improvements to their homes at no cost to the homeowner.

Provides exterior home rehabilitation for qualifying elderly or physically disabled homeowners

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION PAINTS, LANDSCAPES, AND PERFORMS STRUCTURAL AND COSMETIC REPAIRS FOR QUALIFYING ELDERLY, PHYSICALLY DISABLED, OR ILL HOMEOWNERS. IN 2014, THE ORGANIZATION COMPLETED 30 HOME RENOVATIONS AND PAINTING PROJECTS FOR INDIVIDUALS AND FAMILIES IN THE TWIN CITIES AREA. THIS WAS ACCOMPLISHED OVER 2 PROGRAM DAY EVENTS, HELD IN THE SPRING AND FALL OF THE YEAR. WE ARE PROUD TO REPORT THAT WE COORDINATED THE ASSISTANCE OF 916 VOLUNTEERS FOR OUR PROGRAM DAY EVENTS, RESULTING IN 8,924 VOLUNTEER HOURS TOWARDS THE COMPLETION OF OUR PROGRAM DAY EVENTS. APPROXIMATELY 74% OF OUR ANNUAL EXPENSES ARE DIRECTED INTO OUR PROGRAM DAY ACTIVITIES. THE ORGANIZATION COORDINATES WITH CITY AGENCIES, FAITH ORGANIZATIONS AND COMMUNITY GROUPS TO IDENTIFY AND SELECT DESERVING HOMEOWNERS FOR OUR PROGRAM. IT UTILIZES VOLUNTEERS FROM LOCAL BUSINESS, PROFESSIONAL ASSOCIATIONS, AND CHURCHES TO DO THE HOME REHABILITATION.-$105,441
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MIKE HUTSONExecutive DiPT$38,625-$38,625
ERIC STENDAHLDirector/Tre-$0--
CHRIS CHOY BUSHDirector-$0--
DAVE GAGNONDirector-$0--
PATRICK ZIMMERMANDirector/Vic-$0--
KARL WEISSENBORNDirector-$0--
GINA DECONCINIDirector-$0--
TRICIA MATZEKDirector-$0--
BOB WALKERDirector/CHA-$0--
MIKE FENNERDirector-$0--
CHIP CAMPIONDirector-$0--
JACKIE PEACHADirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Classic$45,004$9,600$839$8,761
Total Events$45,004$9,600$11,631$-2,031
Filing and Contact Details

Filer

Filer Name
Hearts and Hammers - Twin Cities
EIN
41-1955595
Phone
6512729120
Address
5421 FELTL ROAD 150, MINNETONKA, MN 55343

Signing Officer

Name
Michael Anderson
Title
Treasurer
Phone
6512729120
Signed
2015-07-13
Discuss with paid preparer
Yes

Preparer

Firm
Sherry D Heffernan Ltd
Address
6650 HORSESHOE BEND DR, CORCORAN, MN 55340-9549
Preparer
Sherry D Heffernan Ltd
Phone
7634786518
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 4,311 office 5,967 information technology 3,081 travel 1,026 conferences/meetings 1,794 insurance 5,807 team expense program day 26,442 in-kind program day exp. 28,528 non-investment depreciation 1,800 total 78,756

Form 990-ez, Part II, Line 24

Pledges receivable 17,750 0 four trailers 4,000 9,000 less accumulated depreciation 2,500 5,900 vehicle 5,000 0 less accumulated depreciation 1,600 0 ladders 32,447 32,447 total 55,097 35,547

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 0 923

Form 990-ez, Part III

Provides exterior home rehabilitation for qualifying elderly or physically disabled homeowners

Form 990-ez, Part III, Line 28

The organization paints, landscapes, and performs structural and cosmetic repairs for qualifying elderly, physically disabled, or ill homeowners. In 2014, the organization completed 30 home renovations and painting projects for individuals and families in the twin cities area. This was accomplished over 2 program day events, held in the spring and fall of the year. We are proud to report that we coordinated the assistance of 916 volunteers for our program day events, resulting in 8,924 volunteer hours towards the completion of our program day events. Approximately 74% of our annual expenses are directed into our program day activities. The organization coordinates with city agencies, faith organizations and community groups to identify and select deserving homeowners for our program. It utilizes volunteers from local business, professional associations, and churches to do the home rehabilitation.

Raw XML Appendix201 raw XML fields

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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 4,311 OFFICE 5,967 INFORMATION TECHNOLOGY 3,081 TRAVEL 1,026 CONFERENCES/MEETINGS 1,794 INSURANCE 5,807 TEAM EXPENSE PROGRAM DAY 26,442 IN-KIND PROGRAM DAY EXP. 28,528 NON-INVESTMENT DEPRECIATION 1,800 TOTAL 78,756
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PLEDGES RECEIVABLE 17,750 0 FOUR TRAILERS 4,000 9,000 LESS ACCUMULATED DEPRECIATION 2,500 5,900 VEHICLE 5,000 0 LESS ACCUMULATED DEPRECIATION 1,600 0 LADDERS 32,447 32,447 TOTAL 55,097 35,547
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 923
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROVIDES EXTERIOR HOME REHABILITATION FOR QUALIFYING ELDERLY OR PHYSICALLY DISABLED HOMEOWNERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION PAINTS, LANDSCAPES, AND PERFORMS STRUCTURAL AND COSMETIC REPAIRS FOR QUALIFYING ELDERLY, PHYSICALLY DISABLED, OR ILL HOMEOWNERS. IN 2014, THE ORGANIZATION COMPLETED 30 HOME RENOVATIONS AND PAINTING PROJECTS FOR INDIVIDUALS AND FAMILIES IN THE TWIN CITIES AREA. THIS WAS ACCOMPLISHED OVER 2 PROGRAM DAY EVENTS, HELD IN THE SPRING AND FALL OF THE YEAR. WE ARE PROUD TO REPORT THAT WE COORDINATED THE ASSISTANCE OF 916 VOLUNTEERS FOR OUR PROGRAM DAY EVENTS, RESULTING IN 8,924 VOLUNTEER HOURS TOWARDS THE COMPLETION OF OUR PROGRAM DAY EVENTS. APPROXIMATELY 74% OF OUR ANNUAL EXPENSES ARE DIRECTED INTO OUR PROGRAM DAY ACTIVITIES. THE ORGANIZATION COORDINATES WITH CITY AGENCIES, FAITH ORGANIZATIONS AND COMMUNITY GROUPS TO IDENTIFY AND SELECT DESERVING HOMEOWNERS FOR OUR PROGRAM. IT UTILIZES VOLUNTEERS FROM LOCAL BUSINESS, PROFESSIONAL ASSOCIATIONS, AND CHURCHES TO DO THE HOME REHABILITATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02016-03-07 17:11:31Z
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HEARTS AND HAMMERS - TWIN CITIES
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ReturnHeader/PreparerPersonGrp/PhoneNum07634786518
ReturnHeader/PreparerPersonGrp/PreparationDt02015-09-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHERRY D HEFFERNAN LTD
ReturnHeader/ReturnTs02015-09-28T16:00:14-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.75$1.81$3.94$5.06$5.15$0.09
2024Detailed filing. Detailed filing data is available for this year.$3.99$0.16$3.83$4.07$4.69$0.62
2023Detailed filing. Detailed filing data is available for this year.$4.64$0.40$4.24$4.75$3.65$1.10
2022Detailed filing. Detailed filing data is available for this year.$3.66$0.62$3.04$4.02$3.25$0.77
2021Detailed filing. Detailed filing data is available for this year.$2.41$0.12$2.30$3.35$2.53$0.82
2020Detailed filing. Detailed filing data is available for this year.$1.53$0.06$1.47$2.03$1.86$0.17
2019Detailed filing. Detailed filing data is available for this year.$1.36$0.06$1.30$3.72$3.34$0.38
2018Detailed filing. Detailed filing data is available for this year.$0.97$0.05$0.92$3.23$3.73$0.50
2017Detailed filing. Detailed filing data is available for this year.$1.53$0.10$1.42$2.18$2.61$0.43
2016Detailed filing. Detailed filing data is available for this year.$2.12$0.26$1.86$2.49$2.30$0.19
2015Detailed filing. Detailed filing data is available for this year.$1.66$1.66$1.39$1.11$0.28
2014Detailed filing. Detailed filing data is available for this year.$1.39$0.01$1.38$1.49$1.39$0.09
2013Detailed filing. Detailed filing data is available for this year.$1.29$1.29$1.51$1.18$0.33
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.03$0.95$1.42$1.40$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.04$0.94$1.51$1.29$0.22
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.11$0.72$1.32$1.40$0.08