Civic Intelligence

Sheared Inc DBA Healing Tree

990EZ • Fiscal year 2020 • EIN 47-1856390

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 27, 2021

974 Breckenridge Lane Ste 104Louisville, KY 40207

(502) 417-9559

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.15x

Higher debt load relative to assets than 73% of similar nonprofits.

2020 filings • NTEE P • <$500k nonprofits • Source year 2020

Liabilities / Revenue

67th percentile

0.05x

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

2020 filings • NTEE P • <$500k nonprofits • Source year 2020

Net Margin

14th percentile

-39%

Higher net margin than 14% of similar nonprofits.

2020 filings • NTEE P • <$500k nonprofits • Source year 2020

Top Officer Pay

92nd percentile

$48,744

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 54.8% of source-year revenue.

2020 filings • NTEE P • <$500k nonprofits • Source year 2020

Asset Growth

7th percentile

-50%

Faster asset growth than 7% of similar nonprofits.

2020 filings • NTEE P • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

34th percentile

-28%

Faster revenue growth than 34% of similar nonprofits.

2020 filings • NTEE P • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$32,338

Down $32,752 (-50%) from 2019

Net Assets

Down

$27,635

Down $34,872 (-56%) from 2019

Liabilities

Up

$4,703

Up $2,120 (+82%) from 2019

Revenue

Down

$89,013

Down $34,288 (-28%) from 2019

Expenses

Up

$123,885

Up $26,994 (+28%) from 2019

Net Income

Down

-$34,872

Down $61,282 (-232%) from 2019

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2016: $45,114Liabilities 2016: $2,650Net Assets 2016: $42,4642016Assets 2017: $78,905Liabilities 2017: $2,545Net Assets 2017: $76,3602017Assets 2018: $38,725Liabilities 2018: $2,628Net Assets 2018: $36,0972018Assets 2019: $65,090Liabilities 2019: $2,583Net Assets 2019: $62,5072019Assets 2020: $32,338Liabilities 2020: $4,703Net Assets 2020: $27,6352020Assets 2021: $40,904Liabilities 2021: $3,352Net Assets 2021: $37,5522021Assets 2022: $68,587Liabilities 2022: $36,250Net Assets 2022: $32,3372022Assets 2023: $81,611Liabilities 2023: $0Net Assets 2023: $81,6112023Assets 2024: $116,355Liabilities 2024: $1,170Net Assets 2024: $115,1852024

Highlighted filing

2020

Assets$32,338
Liabilities$4,703
Net Assets$27,635

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2016: $72,578Expenses 2016: $58,351Net Income 2016: $14,2272016Revenue 2017: $87,586Expenses 2017: $53,690Net Income 2017: $33,8962017Revenue 2018: $35,570Expenses 2018: $77,725Net Income 2018: -$42,1552018Revenue 2019: $123,301Expenses 2019: $96,891Net Income 2019: $26,4102019Revenue 2020: $89,013Expenses 2020: $123,885Net Income 2020: -$34,8722020Revenue 2021: $102,171Expenses 2021: $92,254Net Income 2021: $9,9172021Revenue 2022: $463,633Expenses 2022: $468,848Net Income 2022: -$5,2152022Revenue 2023: $231,353Expenses 2023: $182,079Net Income 2023: $49,2742023Revenue 2024: $334,142Expenses 2024: $300,568Net Income 2024: $33,5742024

Highlighted filing

2020

Revenue$89,013
Expenses$123,885
Net Income-$34,872
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 27, 2021
Return Version
2020v4.1
Gross Receipts
$93,890
Mission and Program Overview

Mission

We advocate healing from abuse and trauma rather than coping with the symptoms, in order to transform lives and, ultimately, society. We achieve this by providing trauma-focused resources and education and by producing and partnering with relevant film, television, and theatre, empowering the social change necessary to create a healing movement.

SEE PART III STATEMENT

Program Services

DescriptionGrantsExpenses
SEE SCHEDULE O-$60,428
Other program services-$18,036
SEE SCHEDULE O-$5,808
SEE SCHEDULE O-$2,346
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARISSA GHAVAMICEOPT$39,575$9,169$48,744
MJ KINMANPresidentPT$0--
NATALIE STEINKEBoard Member-$0--
ANDREW AEBERSOLDBoard Member-$0--
JEFF HADLEYBoard Member-$0--
LAURA KREBS LEWISBoard Member-$0--
KELLY REEVESBoard Member-$0--
STEPHANIE MANGANBoard Member-$0--
JUDY FRANKLINBoard Member-$0--
LAUREN SOWABoard Member-$0--
JESSICA MASTROBoard Member-$0--
RICHARD WOODSTreasurer-$0--
JASMINE SKY FORCERBoard Member-$0--
JENNA LEUNGBoard Member-$0--
ALLISON LEWISBoard Member-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$54,882$16,655-$16,655
Total Events$54,882$16,655-$16,655
Filing and Contact Details

Filer

Filer Name
SHEARED INC dba HEALING TREE
EIN
47-1856390
Address
974 BRECKENRIDGE LANE STE 104, LOUISVILLE, KY 40207

Signing Officer

Name
Marissa Ghavami
Title
CEO
Phone
8183196894
Signed
2021-09-27
Discuss with paid preparer
Yes

Preparer

Firm
Impellizzeri Accounting Services
Address
808 LYNDON LANE STE 204, Louisville, KY 40222
Preparer
Laura Impellizzeri
Phone
5024179559
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description AmountBANK CHARGE 848INFORMATION TECHNOLOGY 52INSURANCE 2,256OFFICE EXPENSES 2,964PAYROLL PROCESSING 636PAYROLL TAXES 4,060TRAVEL 19ADVERTISING 919LICENSES 25BACKGROUND CHECKS 666EMDR PROGRAMMING 58,500SILK PROGRAMMING 1,593OTHER PROGRAMMING 2,103ON TOP OF THE PROGRAM EXPENSES LISTED ABOVE, $24,422 OF THE SALARY EXPENSE $48,744 IS EXPENDED ON PROGRAM SERVICES AS WELL.

Description of total liabilities Part II line 26

Category Beginning of Year End of YearPAYROLL LIABILITIES 2,583 4,703

Other program services Part III line 31

Part iii, line 28: emdr therapy training for clinicianswe bring internationally recognized trauma experts to local mental health practitioners to train them in emdr (eye movement desensitization and reprocessing), a leading, evidence-based, trauma-focused treatement modality. This 52 hour intensive training has life-changing results. We have already facilitated training of clinicians who work with over 4,000 children in the kentucky foster care system, 95% of whom are below the proverty level. Some of these children have no longer needed medication, no longer self-harmed and even improved their symptoms so much that they no longer require their previous level of care. Part iii, line 29: workshops built around our short filmwith a nod to the classic film gaslight, our short film silk and accompanying workshop spark conversations on college campuses, at hight schools, and community organizations about the warning signs of insidious forms of abuse and trauma and what to do about them. Featuring well-known actors, silk will soon be in the film festival circuit and available to the public. Part iii, line 30: approved care networkhealing tree has created, and continues to grow, the first national directory of vetted, trauma-focused providers, trained in brain-body based modalities, by state. Our acn helps spread healing from trauma rather than coping with the symptoms. Part iii, line 31: other programming expenseshealing tree continuously strives to reach the community through many programming endeavors including an future documentary, social media platforms, public service announcements, healing tree live, and other future projects.

Raw XML Appendix251 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/ExplanationTxt0Description AmountBANK CHARGE 848INFORMATION TECHNOLOGY 52INSURANCE 2,256OFFICE EXPENSES 2,964PAYROLL PROCESSING 636PAYROLL TAXES 4,060TRAVEL 19ADVERTISING 919LICENSES 25BACKGROUND CHECKS 666EMDR PROGRAMMING 58,500SILK PROGRAMMING 1,593OTHER PROGRAMMING 2,103ON TOP OF THE PROGRAM EXPENSES LISTED ABOVE, $24,422 OF THE SALARY EXPENSE $48,744 IS EXPENDED ON PROGRAM SERVICES AS WELL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearPAYROLL LIABILITIES 2,583 4,703
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PART III, LINE 28: EMDR THERAPY TRAINING FOR CLINICIANSWE BRING INTERNATIONALLY RECOGNIZED TRAUMA EXPERTS TO LOCAL MENTAL HEALTH PRACTITIONERS TO TRAIN THEM IN EMDR (EYE MOVEMENT DESENSITIZATION AND REPROCESSING), A LEADING, EVIDENCE-BASED, TRAUMA-FOCUSED TREATEMENT MODALITY. THIS 52 HOUR INTENSIVE TRAINING HAS LIFE-CHANGING RESULTS. WE HAVE ALREADY FACILITATED TRAINING OF CLINICIANS WHO WORK WITH OVER 4,000 CHILDREN IN THE KENTUCKY FOSTER CARE SYSTEM, 95% OF WHOM ARE BELOW THE PROVERTY LEVEL. SOME OF THESE CHILDREN HAVE NO LONGER NEEDED MEDICATION, NO LONGER SELF-HARMED AND EVEN IMPROVED THEIR SYMPTOMS SO MUCH THAT THEY NO LONGER REQUIRE THEIR PREVIOUS LEVEL OF CARE. PART III, LINE 29: WORKSHOPS BUILT AROUND OUR SHORT FILMWITH A NOD TO THE CLASSIC FILM GASLIGHT, OUR SHORT FILM SILK AND ACCOMPANYING WORKSHOP SPARK CONVERSATIONS ON COLLEGE CAMPUSES, AT HIGHT SCHOOLS, AND COMMUNITY ORGANIZATIONS ABOUT THE WARNING SIGNS OF INSIDIOUS FORMS OF ABUSE AND TRAUMA AND WHAT TO DO ABOUT THEM. FEATURING WELL-KNOWN ACTORS, SILK WILL SOON BE IN THE FILM FESTIVAL CIRCUIT AND AVAILABLE TO THE PUBLIC. PART III, LINE 30: APPROVED CARE NETWORKHEALING TREE HAS CREATED, AND CONTINUES TO GROW, THE FIRST NATIONAL DIRECTORY OF VETTED, TRAUMA-FOCUSED PROVIDERS, TRAINED IN BRAIN-BODY BASED MODALITIES, BY STATE. OUR ACN HELPS SPREAD HEALING FROM TRAUMA RATHER THAN COPING WITH THE SYMPTOMS. PART III, LINE 31: OTHER PROGRAMMING EXPENSESHEALING TREE CONTINUOUSLY STRIVES TO REACH THE COMMUNITY THROUGH MANY PROGRAMMING ENDEAVORS INCLUDING AN FUTURE DOCUMENTARY, SOCIAL MEDIA PLATFORMS, PUBLIC SERVICE ANNOUNCEMENTS, HEALING TREE LIVE, AND OTHER FUTURE PROJECTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of total liabilities Part II line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other program services Part III line 31
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