Civic Intelligence

The Heron Fund

990 • Fiscal year 2016 • EIN 45-0576935

Jan 01, 2016 to Dec 31, 2016 • Filed on Aug 08, 2017

Organization ProfileN/A
PO Box 811Middletown, NJ 07748

(732) 747-8660

Siviq Scores

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

Liabilities / Assets

54th percentile

0.06x

Higher debt load relative to assets than 54% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

47th percentile

0.03x

Higher debt load relative to revenue than 47% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

65th percentile

9.6%

Higher net margin than 65% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

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.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Balance Sheet
Liabilities / Assets54th percentile

Assets

$274,615

No earlier filing loaded for comparison.

Net Assets

$259,080

No earlier filing loaded for comparison.

Liabilities

$15,535

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin65th percentile

Revenue

$505,319

No earlier filing loaded for comparison.

Expenses

$456,990

No earlier filing loaded for comparison.

Net Income

$48,329

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$600K$400K$200K$0Assets 2016: $274,615Liabilities 2016: $15,535Net Assets 2016: $259,0802016Assets 2017: $306,283Liabilities 2017: $0Net Assets 2017: $306,2832017Assets 2018: $340,907Liabilities 2018: $0Net Assets 2018: $340,9072018Assets 2019: $253,784Liabilities 2019: $0Net Assets 2019: $253,7842019Assets 2020: $331,762Liabilities 2020: $0Net Assets 2020: $331,7622020Assets 2021: $424,052Liabilities 2021: $0Net Assets 2021: $424,0522021Assets 2022: $47,010Liabilities 2022: $0Net Assets 2022: $47,0102022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023Assets 2024: $0Net Assets 2024: $02024

Highlighted filing

2016

Assets$274,615
Liabilities$15,535
Net Assets$259,080
Open 2016 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.0M$500K$0-$500KRevenue 2016: $505,319Expenses 2016: $456,990Net Income 2016: $48,3292016Revenue 2017: $354,753Expenses 2017: $307,550Net Income 2017: $47,2032017Revenue 2018: $404,248Expenses 2018: $369,624Net Income 2018: $34,6242018Revenue 2019: $125,653Expenses 2019: $212,776Net Income 2019: -$87,1232019Revenue 2020: $202,063Expenses 2020: $124,085Net Income 2020: $77,9782020Revenue 2021: $324,856Expenses 2021: $232,566Net Income 2021: $92,2902021Revenue 2022: $341,435Expenses 2022: $718,477Net Income 2022: -$377,0422022Revenue 2023: $350,000Expenses 2023: $350,000Net Income 2023: $02023Revenue 2024: $02024

Highlighted filing

2016

Revenue$505,319
Expenses$456,990
Net Income$48,329
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Aug 8, 2017
Return Version
2016v3.0
Gross Receipts
$505,319
Mission and Program Overview

Mission

To provide hunanitarian efforts

To provide hunanitarian efforts to those in need.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$222,190-
Cash and Non-Interest-Bearing Accounts$210,751$52,425▼ $158,326
Total Assets$210,751$274,615▲ $63,864
Liabilities
Deferred Revenue-$15,535-
Total Liabilities$0$15,535▲ $15,535
Net Assets / Fund Balance
Unrestricted Net Assets$210,751$259,080▲ $48,329
Total Net Assets Fund Balance$210,751$259,080▲ $48,329
Total Liabilities and Net Assets / Fund Balance$210,751$274,615▲ $63,864
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
NoneNone
Revenue and Support

Revenue Composition

Contributions and Grants
$498,259
Program Service Revenue
$0
Investment Income
$7,060
Other Revenue
$0
All Other Contributions
$498,259
Change in Net Assets
$48,329
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$456,990
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$456,679$0$0$456,679
Office Expenses$311$0$0$311
Total Functional Expenses$456,990$0$0$456,990
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
The Heron Fund
EIN
45-0576935
Phone
7327478660
Address
PO BOX 811, MIDDLETOWN, NJ 07748

Signing Officer

Name
Franco Sicuro
Title
President
Phone
7327478660
Signed
2017-08-08
Discuss with paid preparer
Yes

Organization Details

Formed
2007
Legal Domicile
Nj
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
5

Preparer

Firm
Kelleher Petzold & Co CPA
Address
110 STATE ROUTE 35, RED BANK, NJ 07701
Preparer
Stephen P Kelleher CPA
Phone
7327478660
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“Form 990 is reviewed by all memebers and officers.”

Pt VI, Line 19

“The organization documents are openly avalable to the public.”

Raw XML Appendix237 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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ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$274,615
Liabilities
$15,535
Net assets
$259,080
Revenue
$505,319
Expenses
$456,990
Net income
$48,329
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$3.50$3.50$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$3.41$7.18$3.77
2021Detailed filing. Detailed filing data is available for this year.$4.24$0.00$4.24$3.25$2.33$0.92
2020Detailed filing. Detailed filing data is available for this year.$3.32$0.00$3.32$2.02$1.24$0.78
2019Detailed filing. Detailed filing data is available for this year.$2.54$0.00$2.54$1.26$2.13$0.87
2018Detailed filing. Detailed filing data is available for this year.$3.41$0.00$3.41$4.04$3.70$0.35
2017Detailed filing. Detailed filing data is available for this year.$3.06$0.00$3.06$3.55$3.08$0.47
2016Detailed filing. Detailed filing data is available for this year.$2.75$0.16$2.59$5.05$4.57$0.48