Civic Intelligence

Homestead Soup Kitchen Inc.

990 • Fiscal year 2017 • EIN 59-2381939

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 23, 2018

PO Box 901180Homestead, FL 33090-1180

(305) 245-7448

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

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

Liabilities / Revenue

56th percentile

0.00x

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

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

Net Margin

78th percentile

22%

Higher net margin than 78% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

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

Asset Growth

58th percentile

7.4%

Faster asset growth than 58% of similar nonprofits.

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

Revenue Growth

66th percentile

13%

Faster revenue growth than 66% of similar nonprofits.

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

Assets

Up

$206,527

Up $14,184 (+7.4%) from 2016

Net Assets

Up

$206,527

Up $14,184 (+7.4%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$64,333

Up $7,237 (+13%) from 2016

Expenses

Up

$50,149

Up $17,922 (+56%) from 2016

Net Income

Down

$14,184

Down $10,685 (-43%) 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 2010: $193,172Net Assets 2010: $193,1722010Assets 2011: $191,219Liabilities 2011: $0Net Assets 2011: $191,2192011Assets 2012: $180,242Liabilities 2012: $0Net Assets 2012: $180,2422012Assets 2013: $169,941Liabilities 2013: $0Net Assets 2013: $169,9412013Assets 2014: $167,442Liabilities 2014: $0Net Assets 2014: $167,4422014Assets 2015: $167,474Liabilities 2015: $0Net Assets 2015: $167,4742015Assets 2016: $192,343Liabilities 2016: $0Net Assets 2016: $192,3432016Assets 2017: $206,527Liabilities 2017: $0Net Assets 2017: $206,5272017Assets 2018: $225,395Liabilities 2018: $0Net Assets 2018: $225,3952018Assets 2019: $212,328Liabilities 2019: $0Net Assets 2019: $212,3282019Assets 2020: $431,783Liabilities 2020: $0Net Assets 2020: $431,7832020Assets 2021: $356,384Liabilities 2021: $0Net Assets 2021: $356,3842021Assets 2022: $353,494Liabilities 2022: $0Net Assets 2022: $353,4942022Assets 2023: $342,447Liabilities 2023: $0Net Assets 2023: $342,4472023Assets 2024: $355,717Liabilities 2024: $0Net Assets 2024: $355,7172024

Highlighted filing

2017

Assets$206,527
Liabilities$0
Net Assets$206,527

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $34,542Expenses 2010: $53,716Net Income 2010: -$19,1742010Expenses 2011: $46,8832011Expenses 2012: $56,0102012Revenue 2013: $34,299Expenses 2013: $44,600Net Income 2013: -$10,3012013Revenue 2014: $34,653Expenses 2014: $37,152Net Income 2014: -$2,4992014Revenue 2015: $102,743Expenses 2015: $102,711Net Income 2015: $322015Revenue 2016: $57,096Expenses 2016: $32,227Net Income 2016: $24,8692016Revenue 2017: $64,333Expenses 2017: $50,149Net Income 2017: $14,1842017Revenue 2018: $57,354Expenses 2018: $38,486Net Income 2018: $18,8682018Revenue 2019: $29,892Expenses 2019: $42,959Net Income 2019: -$13,0672019Revenue 2020: $280,197Expenses 2020: $60,742Net Income 2020: $219,4552020Revenue 2021: $95,967Expenses 2021: $102,555Net Income 2021: -$6,5882021Revenue 2022: $97,436Expenses 2022: $100,326Net Income 2022: -$2,8902022Revenue 2023: $90,063Expenses 2023: $101,110Net Income 2023: -$11,0472023Revenue 2024: $134,655Expenses 2024: $121,385Net Income 2024: $13,2702024

Highlighted filing

2017

Revenue$64,333
Expenses$50,149
Net Income$14,184
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 23, 2018
Return Version
2017v2.3
Gross Receipts
$64,333
Mission and Program Overview

Mission

Public soup kitchen for the indigent poor

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$192,343$206,527▲ $14,184
Land, Buildings, and Equipment, Net$163,351$163,351→ $0
Cash and Non-Interest-Bearing Accounts$28,992$43,176▲ $14,184
Total Assets$192,343$206,527▲ $14,184
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$192,343$206,527▲ $14,184
Total Liabilities and Net Assets / Fund Balance$192,343$206,527▲ $14,184

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$163,351-$163,351
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jerry CummingsPresident
Carolyn Taylor PatesDirector
Dr Barry BurakDirector
Joann CrebdinDirector
Ann McallisterAsst Treasur
Karen BrindleSecretary
Deborah FranzTreasurer
Robert JensenVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$64,333
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$29,973
Change in Net Assets
$14,184
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$50,149
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
Occupancy$7,602--$7,602
All Other Expenses$2,131$249-$2,380
Other Expenses$2,872$2,259-$2,259
Insurance-$1,458-$1,458
Office Expenses-$882-$882
Total Functional Expenses$45,301$4,848$0$50,149
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
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, Page 6, Part VI, Line 11B

Board reviews return before filing

Form 990, Page 6, Part VI, Line 12C

Board annually reviews activities and policies for conflicts of interest.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Homestead Soup Kitchen Inc
EIN
59-2381939
Phone
3052457448
Address
PO BOX 901180, HOMESTEAD, FL 33090-1180

Signing Officer

Name
Jerry Cummings
Title
President
Phone
3052457448
Signed
2018-08-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jerry Cummings
Formed
1984
Legal Domicile
Fl
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
163

Preparer

Firm
Lopez Levi & Associates Pa Cpas
Address
44 NE 16TH ST, HOMESTEAD, FL 33030-4511
Preparer
James R Pierce Jr CPA
Phone
3052465141
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Help prepare and serve food.

Raw XML Appendix313 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/PreparerFirmGrp/PreparerFirmEIN0460792248
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LOPEZ LEVI & ASSOCIATES PA CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt044 NE 16TH ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOMESTEAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0330304511
ReturnHeader/PreparerPersonGrp/PhoneNum03052465141
ReturnHeader/PreparerPersonGrp/PreparationDt02018-08-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES R PIERCE JR CPA
ReturnHeader/ReturnTs02018-09-07T16:06:23-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.56$0.00$3.56$1.35$1.21$0.13
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.42$0.00$3.42$0.90$1.01$0.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.53$0.00$3.53$0.97$1.00$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.56$0.00$3.56$0.96$1.03$0.07
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.32$0.00$4.32$2.80$0.61$2.19
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.12$0.00$2.12$0.30$0.43$0.13
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.25$0.00$2.25$0.57$0.38$0.19
2017Detailed filing. Detailed filing data is available for this year.$2.07$0.00$2.07$0.64$0.50$0.14
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.92$0.00$1.92$0.57$0.32$0.25
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.67$0.00$1.67$1.03$1.03$0.00
2014Detailed filing. Detailed filing data is available for this year.$1.67$0.00$1.67$0.35$0.37$0.02
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.70$0.00$1.70$0.34$0.45$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$0.00$1.80$0.56
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.91$0.00$1.91$0.47
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.93$1.93$0.35$0.54$0.19