Civic Intelligence

Healing Headbands Project Inc C/O Como Holdings USA Inc

990 • Fiscal year 2018 • EIN 47-2792432

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 24, 2019

475 PARK AVENUE SOUTH Suite 19TH FLNew York, NY 10016

(516) 606-7022

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • NTEE E • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

27th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • NTEE E • $500k-$1M nonprofits • Source year 2018

Net Margin

99th percentile

84%

Higher net margin than 99% of similar nonprofits.

2018 filings • NTEE E • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

56th percentile

$0

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • NTEE E • $500k-$1M nonprofits • Source year 2018

Asset Growth

93rd percentile

114%

Faster asset growth than 93% of similar nonprofits.

2018 filings • NTEE E • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

96th percentile

163%

Faster revenue growth than 96% of similar nonprofits.

2018 filings • NTEE E • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$854,834

Up $455,361 (+114%) from 2017

Net Assets

Up

$854,834

Up $455,361 (+114%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$635,755

Up $394,134 (+163%) from 2017

Expenses

Up

$102,999

Up $37,569 (+57%) from 2017

Net Income

Up

$532,756

Up $356,565 (+202%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2015: $8,135Liabilities 2015: $0Net Assets 2015: $8,1352015Assets 2016: $223,282Liabilities 2016: $0Net Assets 2016: $223,2822016Assets 2017: $399,473Liabilities 2017: $0Net Assets 2017: $399,4732017Assets 2018: $854,834Liabilities 2018: $0Net Assets 2018: $854,8342018Assets 2019: $998,331Liabilities 2019: $0Net Assets 2019: $998,3312019Assets 2020: $921,746Liabilities 2020: $0Net Assets 2020: $921,7462020Assets 2021: $999,581Liabilities 2021: $0Net Assets 2021: $999,5812021Assets 2022: $838,977Liabilities 2022: $0Net Assets 2022: $838,9772022Assets 2023: $944,781Liabilities 2023: $0Net Assets 2023: $944,7812023Assets 2024: $1,029,394Liabilities 2024: $0Net Assets 2024: $1,029,3942024

Highlighted filing

2018

Assets$854,834
Liabilities$0
Net Assets$854,834

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2015: $63,790Expenses 2015: $55,655Net Income 2015: $8,1352015Revenue 2016: $249,990Expenses 2016: $63,603Net Income 2016: $186,3872016Revenue 2017: $241,621Expenses 2017: $65,430Net Income 2017: $176,1912017Revenue 2018: $635,755Expenses 2018: $102,999Net Income 2018: $532,7562018Revenue 2019: $194,959Expenses 2019: $122,090Net Income 2019: $72,8692019Revenue 2020: -$7,737Expenses 2020: $83,607Net Income 2020: -$91,3442020Revenue 2021: $84,668Expenses 2021: $66,863Net Income 2021: $17,8052021Revenue 2022: $9,754Expenses 2022: $30,090Net Income 2022: -$20,3362022Revenue 2023: $55,464Expenses 2023: $58,296Net Income 2023: -$2,8322023Revenue 2024: $71,878Expenses 2024: $88,923Net Income 2024: -$17,0452024

Highlighted filing

2018

Revenue$635,755
Expenses$102,999
Net Income$532,756
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 24, 2019
Return Version
2018v3.1
Gross Receipts
$635,755
Mission and Program Overview

Mission

To inspire others to develop a healing mindset by integrating laughter with art. To visit patients with serious illnesses and provide laughter therapy and an opportunity to receive custom headbands created from patients' paintings.

To inspire others to develop a healing mindset by integrating laughter with art.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$0$420,873▲ $420,873
Investments in Publicly Traded Securities$212,578$292,214▲ $79,636
Savings and Temporary Cash Investments$0$117,457▲ $117,457
Cash and Non-Interest-Bearing Accounts$186,895$24,290▼ $162,605
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$399,473$854,834▲ $455,361
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$399,473$854,834▲ $455,361
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$399,473$854,834▲ $455,361
Total Liabilities and Net Assets / Fund Balance$399,473$854,834▲ $455,361

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$420,873--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Barbara GrapsteinPresident
Steve GrapsteinVice President
Charlotte De LeonSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$648,443
Program Service Revenue
$0
Investment Income
$-12,688
Other Revenue
$0
All Other Contributions
$648,443
Change in Net Assets
$532,756

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 AmountValuation Method
Securities Publicly Traded6,000$531,420Fair Market Value
Total Noncash Contributions6,000$531,420-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$102,999
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$51,000$0$0$51,000
All Other Expenses$30,416--$30,416
Travel$5,283$0$0$5,283
Information Technology$3,950$0$0$3,950
Conferences and Meetings$1,934$0$0$1,934
Insurance$1,244$0$0$1,244
Advertising$1,123$0$0$1,123
Total Functional Expenses$102,999$0$0$102,999
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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
No
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, Section C, Line 19

Governing documents and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Healing Headbands Project Inc
EIN
47-2792432
In Care Of
% COMO HOLDINGS USA INC
Phone
5166067022
Address
475 PARK AVENUE SOUTH Suite 19TH FL, NEW YORK, NY 10016

Signing Officer

Name
Barbara Grapstein
Title
President
Phone
9174232326
Signed
2019-10-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Barbara Grapstein
Voting Board Members
3
Independent Board Members
1
Employees
0

Preparer

Firm
Eisneramper Llp
Address
750 THIRD AVENUE, NEW YORK, NY 10017-2703
Preparer
Steven R Schaeffer
Phone
2129498700
Supplemental Narrative

Additional Explanations

Form 990 Part IX Line 24 - Other Expenses

Description:web design total expenses:2922 program services:2922 management and general:fundraising:

Form 990 Part IX Line 24 - Other Expenses

Description:postage total expenses:2370 program services:2370 management and general:fundraising:

Form 990 Part IX Line 24 - Other Expenses

Description:computer maintenance total expenses:249 program services:249 management and general:fundraising:

Form 990 Part IX Line 24 - Other Expenses

Description:miscellaneous total expenses:7950 program services:7950 management and general:fundraising:

Form 990 Part IX Line 24 - Other Expenses

Description:outside services total expenses:10838 program services:10838 management and general:fundraising:

Form 990 Part IX Line 24 - Other Expenses

Description:subscriptions total expenses:1287 program services:1287 management and general:fundraising:

Form 990 Part IX Line 24 - Other Expenses

Description:rent total expenses:4800 program services:4800 management and general:fundraising:

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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/RevenueAmt0648443
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0117457
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt0531420
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt0222578
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0753998
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Securities - Goldman Sachs - Net Loss of (25,171) on the sale of assets.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0FORM 990, SCHEDULE A, PART III, SECTION B, LINE 12
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0286887
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt063790
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01235331
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt012483
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02488
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt014971
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02923
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02923
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02488
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IRS990ScheduleA/PublicSupportCY509Pct00.00000
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0286887
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt063790
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/Total509Grp/TotalAmt01238254
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0241622
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0286887
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt063790
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01253225
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IRS990ScheduleD/OtherSecuritiesGrp/Desc0SECURITIES - GOLDMAN SACHS
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IRS990ScheduleD/TotalBookValueSecuritiesAmt0420873
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION:WEB DESIGN TOTAL EXPENSES:2922 PROGRAM SERVICES:2922 MANAGEMENT AND GENERAL:FUNDRAISING:
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION:POSTAGE TOTAL EXPENSES:2370 PROGRAM SERVICES:2370 MANAGEMENT AND GENERAL:FUNDRAISING:
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION:COMPUTER MAINTENANCE TOTAL EXPENSES:249 PROGRAM SERVICES:249 MANAGEMENT AND GENERAL:FUNDRAISING:
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION:MISCELLANEOUS TOTAL EXPENSES:7950 PROGRAM SERVICES:7950 MANAGEMENT AND GENERAL:FUNDRAISING:
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION:OUTSIDE SERVICES TOTAL EXPENSES:10838 PROGRAM SERVICES:10838 MANAGEMENT AND GENERAL:FUNDRAISING:
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DESCRIPTION:SUBSCRIPTIONS TOTAL EXPENSES:1287 PROGRAM SERVICES:1287 MANAGEMENT AND GENERAL:FUNDRAISING:
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DESCRIPTION:RENT TOTAL EXPENSES:4800 PROGRAM SERVICES:4800 MANAGEMENT AND GENERAL:FUNDRAISING:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990 PART IX LINE 24 - OTHER EXPENSES
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