Civic Intelligence

The Healing Net Foundation

990 • Fiscal year 2017 • EIN 46-3196096

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 07, 2018

200 HILL AVENUE Room 4Nashville, TN 37210

(615) 369-6463

Siviq Scores

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

Liabilities / Assets

67th percentile

0.02x

Higher debt load relative to assets than 67% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

66th percentile

0.01x

Higher debt load relative to revenue than 66% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

28th percentile

-6.5%

Higher net margin than 28% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

94th percentile

$57,694

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 32.4% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

30th percentile

-8.6%

Faster asset growth than 30% of similar nonprofits.

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

Revenue Growth

91st percentile

85%

Faster revenue growth than 91% of similar nonprofits.

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

Assets

Down

$110,245

Down $10,311 (-8.6%) from 2016

Net Assets

Down

$107,837

Down $11,636 (-9.7%) from 2016

Liabilities

Up

$2,408

Up $1,325 (+122%) from 2016

Revenue

Up

$177,839

Up $81,532 (+85%) from 2016

Expenses

Up

$189,474

Up $14,126 (+8.1%) from 2016

Net Income

Up

-$11,635

Up $67,406 (+85%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2014: $184,387Liabilities 2014: $0Net Assets 2014: $184,3872014Assets 2015: $198,514Liabilities 2015: $0Net Assets 2015: $198,5142015Assets 2016: $120,556Liabilities 2016: $1,083Net Assets 2016: $119,4732016Assets 2017: $110,245Liabilities 2017: $2,408Net Assets 2017: $107,8372017Assets 2018: $109,175Liabilities 2018: $333Net Assets 2018: $108,8422018Assets 2019: $148,331Liabilities 2019: $4,536Net Assets 2019: $143,7952019Assets 2020: $272,159Liabilities 2020: $18,160Net Assets 2020: $253,9992020Assets 2021: $557,580Liabilities 2021: $27,207Net Assets 2021: $530,3732021Assets 2022: $271,833Liabilities 2022: $17,517Net Assets 2022: $254,3162022Assets 2023: $308,526Liabilities 2023: $107,698Net Assets 2023: $200,8282023Assets 2024: $267,235Liabilities 2024: $6,392Net Assets 2024: $260,8432024

Highlighted filing

2017

Assets$110,245
Liabilities$2,408
Net Assets$107,837

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2014: $309,361Expenses 2014: $148,844Net Income 2014: $160,5172014Revenue 2015: $189,179Expenses 2015: $175,052Net Income 2015: $14,1272015Revenue 2016: $96,307Expenses 2016: $175,348Net Income 2016: -$79,0412016Revenue 2017: $177,839Expenses 2017: $189,474Net Income 2017: -$11,6352017Revenue 2018: $217,488Expenses 2018: $216,483Net Income 2018: $1,0052018Revenue 2019: $386,308Expenses 2019: $351,355Net Income 2019: $34,9532019Revenue 2020: $335,091Expenses 2020: $224,887Net Income 2020: $110,2042020Revenue 2021: $535,582Expenses 2021: $259,208Net Income 2021: $276,3742021Revenue 2022: $276,888Expenses 2022: $552,945Net Income 2022: -$276,0572022Revenue 2023: $239,070Expenses 2023: $292,558Net Income 2023: -$53,4882023Revenue 2024: $543,756Expenses 2024: $483,741Net Income 2024: $60,0152024

Highlighted filing

2017

Revenue$177,839
Expenses$189,474
Net Income-$11,635
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 7, 2018
Return Version
2017v2.3
Gross Receipts
$177,839
Mission and Program Overview

Mission

The healing net foundation mission is to optimize the care of those with neuroendocrine cancer through the education of and collaboration among physicians, health care providers, patients, and their caregivers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$106,932$97,323▼ $9,609
Savings and Temporary Cash Investments$11,196$11,185▼ $11
Land, Buildings, and Equipment, Net$2,428$1,737▼ $691
Total Assets$120,556$110,245▼ $10,311
Liabilities
Accounts Payable and Accrued Expenses-$2,408-
Other Liabilities$1,083--
Total Liabilities$1,083$2,408▲ $1,325
Net Assets / Fund Balance
Unrestricted Net Assets$97,440$96,727▼ $713
Temporarily Rstr Net Assets$22,033$11,110▼ $10,923
Total Net Assets Fund Balance$119,473$107,837▼ $11,636
Total Liabilities and Net Assets / Fund Balance$120,556$110,245▼ $10,311

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,454$1,739$3,193
Other Land Buildings$283$89$372
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cynthia LovelaceExecutive DirectorFT$50,962$6,732$57,694

Board Members and Trustees

NameTitle
Ernie AnastasioPresident
Gary MurfinDirector
Joel ChechikDirector
Lisa HarlessDirector
Michelle KimDirector
Ruth GerdesDirector
Shilpa Shah-mehtaDirector
THOMAS O'DORISIODirector
Eric LiuChief Medical Advisor
Tom AnnastasSec/treas
Revenue and Support

Revenue Composition

Contributions and Grants
$177,838
Program Service Revenue
$0
Investment Income
$1
Other Revenue
$0
All Other Contributions
$177,838
Change in Net Assets
$-11,635
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$93,046
Other Expenses$87,573
Total Fundraising Expense$37,672
Grants and Similar Amounts Paid$8,855
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$25,481$7,644$17,837$50,962
Other Salaries and Wages$12,937$14,496$2,671$30,104
Occupancy$8,295$4,781$4,428$17,504
Travel$8,741$4,024$2,993$15,758
Advertising$11,063$449$2,095$13,607
Conferences and Meetings$11,626$1,372-$12,998
Other Expenses$8,534$1,101$1,502$9,635
Grants to Domestic Individuals$8,855--$8,855
Other Employee Benefits$3,366$1,010$2,356$6,732
Payroll Taxes$2,487$1,433$1,328$5,248
Office Expenses$415$2,427$496$3,338
Fees for Services Accounting$1,352$1,263$722$3,337
Information Technology-$770$550$1,320
Insurance-$1,132-$1,132
Depreciation Depletion$327$189$175$691
Total Functional Expenses$107,270$44,532$37,672$189,474
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Credit Card Payable-
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, Part VI, Line 11B

Organizations process to review form 990 - the 990 will be reviewed by the board

Form 990, Part VI, Line 15A

Compensation process for top official - the executive committee recommends to the board and the board approves the salary for the executive director. The executive director, as a board member, is not involved in the approval of the salary.

Filing and Contact Details

Filer

Filer Name
The Healing Net Foundation
EIN
46-3196096
Phone
6153696463
Address
200 HILL AVENUE Room 4, Nashville, TN 37210

Signing Officer

Name
Cynthia Lovelace
Title
05152018
Signed
2018-08-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cynthia Lovelace
Formed
2013
Legal Domicile
Tn
Voting Board Members
10
Independent Board Members
10
Employees
3
Volunteers
20

Preparer

Firm
Goodson Inc Dba Tailored Business
Address
4988 LEBANON PIKE, OLD HICKORY, TN 37138
Preparer
Jennifer L York
Phone
6158837811
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Program Service Expenses 59,233, Grants and allocations 0, Revenue 0 GENERAL EDUCATION AND AWARENESS OF NEUROENDOCRINE CANCER.

Form 990, Part III, Line 4D

Program Service Expenses 2,828, Grants and allocations 1,486, Revenue 12,596 PATIENT ASSISTANCE FUND - ASSIST PATIENTS WITH TRAVEL EXPENSES RELATED TO NEUROENDOCRINE CANCER.

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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01433
IRS990/PayrollTaxesGrp/ProgramServicesAmt02487
IRS990/PayrollTaxesGrp/TotalAmt05248
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0CYNTHIA LOVELACE
IRS990/PriorPeriodAdjustmentsAmt0-1
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0NANETS TRAVEL GRANT - PROVIDING TRAVEL GRANTS TO NEW PHYSICIANS, NURSE PRACTITIONERS, PHYSICIAN ASSISTANTS, AND NURSES TO ATTEND THE ANNUAL CONFERENCE OF THE NORTH AMERICAN NEUROENDOCRINE TUMOR SOCIETY TO LEARN MORE ABOUT NET CANCER AND TAKE THE EDUCATION BACK TO THEIR COMMUNITIES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt08265
IRS990/ProgSrvcAccomActy2Grp/GrantAmt07369
IRS990/ProgSrvcAccomActy3Grp/Desc0SUMMIT - CONVENE THE INTERNATIONAL HEALING NET SUMMIT WHICH ALLOWS MULTIDISCIPLINARY NET EXPERTS TO COME TOGETHER AND DISCUSS THE VARIOUS DIAGNOISTIC AND TREATMENT OPTIONS AVAILABLE IN THE UNITED STATES AS WELL AS WHAT PROGRAMS COULD BE DEVELOPED IN THE FUTURE TO IMPROVE CARE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt029869
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt095168
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt013080
IRS990/PYInvestmentIncomeAmt01139
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt091166
IRS990/PYRevenuesLessExpensesAmt0-79041
IRS990/PYSalariesCompEmpBnftPaidAmt071102
IRS990/PYTotalExpensesAmt0175348
IRS990/PYTotalRevenueAmt096307
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-11635
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt011196
IRS990/SavingsAndTempCashInvstGrp/EOYAmt011185
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt022079
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt03000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt04100
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt029179
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0177838
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt095168
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0189179
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0309285
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0771470
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0108
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt076
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0184
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0657475
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0107079
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt03000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt04100
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0114179
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt085000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt085000
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0177838
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt095276
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0189179
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0309361
IRS990ScheduleA/Total509Grp/TotalAmt0771654
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0177838
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt095276
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0189179
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0309361
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0771654
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt01454
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01739
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03193
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0283
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt089
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0372
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CREDIT CARD PAYABLE
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01737
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANTS ARE MADE AS REIMBURSEMENTS AFTER CONFIRMING ATTENDANCE
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Program Service Expenses 59,233, Grants and allocations 0, Revenue 0 GENERAL EDUCATION AND AWARENESS OF NEUROENDOCRINE CANCER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Program Service Expenses 2,828, Grants and allocations 1,486, Revenue 12,596 PATIENT ASSISTANCE FUND - ASSIST PATIENTS WITH TRAVEL EXPENSES RELATED TO NEUROENDOCRINE CANCER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATIONS PROCESS TO REVIEW FORM 990 - THE 990 WILL BE REVIEWED BY THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION PROCESS FOR TOP OFFICIAL - THE EXECUTIVE COMMITTEE RECOMMENDS TO THE BOARD AND THE BOARD APPROVES THE SALARY FOR THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR, AS A BOARD MEMBER, IS NOT INVOLVED IN THE APPROVAL OF THE SALARY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15A
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt022033
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt011110
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0120556
IRS990/TotalAssetsEOYAmt0110245
IRS990/TotalAssetsGrp/BOYAmt0120556
IRS990/TotalAssetsGrp/EOYAmt0110245
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0177838
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt037672
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt044532
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0107270
IRS990/TotalFunctionalExpensesGrp/TotalAmt0189474
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01083
IRS990/TotalLiabilitiesEOYAmt02408
IRS990/TotalLiabilitiesGrp/BOYAmt01083
IRS990/TotalLiabilitiesGrp/EOYAmt02408
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0119473
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0107837
IRS990/TotalOtherCompensationAmt06732
IRS990/TotalOtherProgSrvcExpenseAmt062061
IRS990/TotalOtherProgSrvcGrantAmt01486
IRS990/TotalOtherProgSrvcRevenueAmt012596
IRS990/TotalProgramServiceExpensesAmt0107270
IRS990/TotalReportableCompFromOrgAmt050962

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