Civic Intelligence

Hearthside Inc.

990 • Fiscal year 2017 • EIN 62-1319490

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 03, 2018

215 Castle Heights Avenue NorthLebanon, TN 37087

(615) 443-1994

Siviq Scores

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

Liabilities / Assets

74th percentile

0.47x

Higher debt load relative to assets than 74% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

88th percentile

2.13x

Higher debt load relative to revenue than 88% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

76th percentile

17%

Higher net margin than 76% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

47th percentile

$114,192

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 6.6% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

77th percentile

15%

Faster asset growth than 77% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

26th percentile

-4.2%

Faster revenue growth than 26% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Up

$7,778,946

Up $1,014,352 (+15%) from 2016

Net Assets

Up

$4,125,064

Up $270,149 (+7.0%) from 2016

Liabilities

Up

$3,653,882

Up $744,203 (+26%) from 2016

Revenue

Down

$1,717,186

Down $74,357 (-4.2%) from 2016

Expenses

Down

$1,422,742

Down $10,387 (-0.7%) from 2016

Net Income

Down

$294,444

Down $63,970 (-18%) from 2016

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $3,664,844Liabilities 2011: $1,060,000Net Assets 2011: $2,604,8442011Assets 2012: $3,970,958Liabilities 2012: $1,205,322Net Assets 2012: $2,765,6362012Assets 2013: $4,645,772Liabilities 2013: $1,725,061Net Assets 2013: $2,920,7112013Assets 2014: $4,845,409Liabilities 2014: $1,650,069Net Assets 2014: $3,195,3402014Assets 2015: $5,559,158Liabilities 2015: $2,062,658Net Assets 2015: $3,496,5002015Assets 2016: $6,764,594Liabilities 2016: $2,909,679Net Assets 2016: $3,854,9152016Assets 2017: $7,778,946Liabilities 2017: $3,653,882Net Assets 2017: $4,125,0642017Assets 2018: $9,120,328Liabilities 2018: $4,623,499Net Assets 2018: $4,496,8292018Assets 2019: $8,717,960Liabilities 2019: $3,892,605Net Assets 2019: $4,825,3552019Assets 2020: $9,290,230Liabilities 2020: $4,189,831Net Assets 2020: $5,100,3992020Assets 2021: $9,325,202Liabilities 2021: $3,900,530Net Assets 2021: $5,424,6722021Assets 2022: $9,369,320Liabilities 2022: $3,917,615Net Assets 2022: $5,451,7052022Assets 2023: $9,320,102Liabilities 2023: $3,729,252Net Assets 2023: $5,590,8502023Assets 2024: $9,745,477Liabilities 2024: $3,951,963Net Assets 2024: $5,793,5142024

Highlighted filing

2017

Assets$7,778,946
Liabilities$3,653,882
Net Assets$4,125,064

Operations Trend

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

$3.0M$2.0M$1.0M$0Revenue 2011: $1,362,752Expenses 2011: $1,226,105Net Income 2011: $136,6472011Revenue 2012: $1,409,332Expenses 2012: $1,255,827Net Income 2012: $153,5052012Revenue 2013: $1,460,610Expenses 2013: $1,305,536Net Income 2013: $155,0742013Revenue 2014: $1,529,383Expenses 2014: $862,929Net Income 2014: $666,4542014Revenue 2015: $1,548,727Expenses 2015: $1,247,567Net Income 2015: $301,1602015Revenue 2016: $1,791,543Expenses 2016: $1,433,129Net Income 2016: $358,4142016Revenue 2017: $1,717,186Expenses 2017: $1,422,742Net Income 2017: $294,4442017Revenue 2018: $1,893,145Expenses 2018: $1,504,796Net Income 2018: $388,3492018Revenue 2019: $1,894,286Expenses 2019: $1,580,976Net Income 2019: $313,3102019Revenue 2020: $1,983,283Expenses 2020: $1,714,878Net Income 2020: $268,4052020Revenue 2021: $1,941,804Expenses 2021: $1,633,983Net Income 2021: $307,8212021Revenue 2022: $1,779,482Expenses 2022: $1,751,915Net Income 2022: $27,5672022Revenue 2023: $2,007,155Expenses 2023: $1,887,474Net Income 2023: $119,6812023Revenue 2024: $2,044,510Expenses 2024: $1,870,361Net Income 2024: $174,1492024

Highlighted filing

2017

Revenue$1,717,186
Expenses$1,422,742
Net Income$294,444
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 3, 2018
Return Version
2017v2.2
Gross Receipts
$1,717,186
Mission and Program Overview

Mission

Provide assisted living and housing for the elderly

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,113,301$5,765,796▲ $652,495
Rtn Earn Endowment Incm Other Fnds$3,854,915$4,125,064▲ $270,149
Savings and Temporary Cash Investments$1,457,989$1,765,819▲ $307,830
Cash and Non-Interest-Bearing Accounts$81,132$159,977▲ $78,845
Investments in Publicly Traded Securities$106,655$82,363▼ $24,292
Accounts Receivable$883$2,831▲ $1,948
Inventories for Sale or Use$2,610$2,160▼ $450
Prepaid Expenses and Deferred Charges$2,024--
Total Assets$6,764,594$7,778,946▲ $1,014,352
Liabilities
Accounts Payable and Accrued Expenses$1,996,086$2,776,639▲ $780,553
Mortgage Notes Payable Secured by Investment Property$913,593$877,243▼ $36,350
Total Liabilities$2,909,679$3,653,882▲ $744,203
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,854,915$4,125,064▲ $270,149
Total Liabilities and Net Assets / Fund Balance$6,764,594$7,778,946▲ $1,014,352

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,519,809$2,016,711$7,536,520
Equipment$109,684$171,765$281,449
Land$136,303-$136,303
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brian McdonaldKey EmployeeFT$79,192$35,000$114,192
Sarah JohnstonKey EmployeeFT$64,172-$64,172

Board Members and Trustees

NameTitle
Heath ThornePresident
Norma MorrisVice President
Carol LockeBoard Member
Curry DudleyBoard Member
Dwight FarrisBoard Member
Jim DentonBoard Member
Susan JacksonBoard Member
Travenia HoldenSecretary
Ronnie MarksTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,343
Program Service Revenue
$0
Investment Income
$7,707
Other Revenue
$1,708,136
All Other Contributions
$1,343
Change in Net Assets
$294,444
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$759,463
Salaries, Compensation, and Employee Benefits$663,279
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$418,522$159,018-$577,540
All Other Expenses$422,878--$422,878
Depreciation Depletion-$198,731-$198,731
Payroll Taxes$34,182$9,488-$43,670
Other Employee Benefits-$42,069-$42,069
Interest-$37,745-$37,745
Insurance-$37,037-$37,037
Advertising-$27,827-$27,827
Fees for Services Accounting-$21,935-$21,935
Office Expenses-$3,322-$3,322
Other Expenses-$1,959-$1,959
Conferences and Meetings-$404-$404
Fees for Services Management-$40-$40
Total Functional Expenses$875,582$547,160$0$1,422,742
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
Backup withholding compliance
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

A copy of form 990 is given to the executive director to view before the return is filed. The executive director gives a copy to the chief executive officer. The ceo then distributes a copy of the return to the board.

Conflict of interest policy compliance Part VI line 12C

Any conflict of interest, through transaction, contract or employment between any board member,administrator, or family member of the board member and hearthside, inc will be disclosed to the board of directors prior to consummation of said transaction, contract or employment. The board of directors shall approve and record their approval of such transaction, contract or employment in the written minutes. The board shall review any previously approved conflicts of interest annually.

Governing documents etc available to public Part VI line 19

The governing documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Hearthside Inc
EIN
62-1319490
Address
215 CASTLE HEIGHTS AVENUE NORTH, LEBANON, TN 37087

Signing Officer

Name
Christopher S Dozier
Title
Executive Direc
Phone
6154431994
Signed
2018-10-03
Discuss with paid preparer
Yes

Organization Details

Formed
1994
Legal Domicile
Tn
Voting Board Members
9
Independent Board Members
9
Employees
66
Volunteers
52

Preparer

Firm
Tonya P Williams Ea
Address
934 BOND ROAD, LEBANON, TN 37090
Preparer
Tonya P Williams EA
Phone
6157145398
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

Other expenses from part ix, line 24e totaled more than 10% of part ix, line 25.

Raw XML Appendix379 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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IRS990/OtherExpensesGrp/TotalAmt06301
IRS990/OtherExpensesGrp/TotalAmt1527
IRS990/OtherExpensesGrp/TotalAmt2757
IRS990/OtherExpensesGrp/TotalAmt31959
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09488
IRS990/PayrollTaxesGrp/ProgramServicesAmt034182
IRS990/PayrollTaxesGrp/TotalAmt043670
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02024
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0294444
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt01708136
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01717186
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt03854915
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt04125064
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01457989
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01765819
IRS990ScheduleA/ChurchInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt05519809
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02016711
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07536520
IRS990ScheduleD/EquipmentGrp/BookValueAmt0109684
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0171765
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0281449
IRS990ScheduleD/LandGrp/BookValueAmt0136303
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0136303
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05765796
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF FORM 990 IS GIVEN TO THE EXECUTIVE DIRECTOR TO VIEW BEFORE THE RETURN IS FILED. THE EXECUTIVE DIRECTOR GIVES A COPY TO THE CHIEF EXECUTIVE OFFICER. THE CEO THEN DISTRIBUTES A COPY OF THE RETURN TO THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANY CONFLICT OF INTEREST, THROUGH TRANSACTION, CONTRACT OR EMPLOYMENT BETWEEN ANY BOARD MEMBER,ADMINISTRATOR, OR FAMILY MEMBER OF THE BOARD MEMBER AND HEARTHSIDE, INC WILL BE DISCLOSED TO THE BOARD OF DIRECTORS PRIOR TO CONSUMMATION OF SAID TRANSACTION, CONTRACT OR EMPLOYMENT. THE BOARD OF DIRECTORS SHALL APPROVE AND RECORD THEIR APPROVAL OF SUCH TRANSACTION, CONTRACT OR EMPLOYMENT IN THE WRITTEN MINUTES. THE BOARD SHALL REVIEW ANY PREVIOUSLY APPROVED CONFLICTS OF INTEREST ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OTHER EXPENSES FROM PART IX, LINE 24E TOTALED MORE THAN 10% OF PART IX, LINE 25.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3List of other expenses Part IX line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt06764594
IRS990/TotalAssetsEOYAmt07778946
IRS990/TotalAssetsGrp/BOYAmt06764594
IRS990/TotalAssetsGrp/EOYAmt07778946
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01343
IRS990/TotalEmployeeCnt066
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0547160
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0875582
IRS990/TotalFunctionalExpensesGrp/TotalAmt01422742
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02909679
IRS990/TotalLiabilitiesEOYAmt03653882
IRS990/TotalLiabilitiesGrp/BOYAmt02909679
IRS990/TotalLiabilitiesGrp/EOYAmt03653882
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03854915
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04125064
IRS990/TotalOtherCompensationAmt035000
IRS990/TotalProgramServiceExpensesAmt0875582
IRS990/TotalReportableCompFromOrgAmt0143364
IRS990/TotalRevenueGrp/ExclusionAmt01715843
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01717186
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt052
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06764594
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt07778946
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.HEARTHSIDELIVING.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRISTOPHER S DOZIER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIREC
ReturnHeader/BusinessOfficerGrp/PhoneNum06154431994
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HEARTHSIDE INC
ReturnHeader/Filer/BusinessNameControlTxt0HEAR
ReturnHeader/Filer/EIN0621319490
ReturnHeader/Filer/USAddress/AddressLine1Txt0215 CASTLE HEIGHTS AVENUE NORTH
ReturnHeader/Filer/USAddress/CityNm0LEBANON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037087
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId00B876DE6416627EE283DB37CF52330FB04202EBA
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId00B876DE6416627EE283DB37CF52330FB04202EBA
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId062373720182813quvjrz
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02018-10-08
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0208.118.197.80
ReturnHeader/FilingSecurityInformation/IPDt02018-10-08
ReturnHeader/FilingSecurityInformation/IPTm020:41:23
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TONYA P WILLIAMS EA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0934 BOND ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LEBANON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd037090
ReturnHeader/PreparerPersonGrp/PhoneNum06157145398
ReturnHeader/PreparerPersonGrp/PreparationDt02018-10-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Tonya P Williams EA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-10-08T20:39:38-04:00
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.$9.75$3.95$5.79$2.04$1.87$0.17
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.32$3.73$5.59$2.01$1.89$0.12
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.37$3.92$5.45$1.78$1.75$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.33$3.90$5.42$1.94$1.63$0.31
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.29$4.19$5.10$1.98$1.71$0.27
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.72$3.89$4.83$1.89$1.58$0.31
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.12$4.62$4.50$1.89$1.50$0.39
2017Detailed filing. Detailed filing data is available for this year.$7.78$3.65$4.13$1.72$1.42$0.29
2016Summary only. Only limited summary data is available for this year.$6.76$2.91$3.85$1.79$1.43$0.36
2015Summary only. Only limited summary data is available for this year.$5.56$2.06$3.50$1.55$1.25$0.30
2014Summary only. Only limited summary data is available for this year.$4.85$1.65$3.20$1.53$0.86$0.67
2013Summary only. Only limited summary data is available for this year.$4.65$1.73$2.92$1.46$1.31$0.16
2012Summary only. Only limited summary data is available for this year.$3.97$1.21$2.77$1.41$1.26$0.15
2011Summary only. Only limited summary data is available for this year.$3.66$1.06$2.60$1.36$1.23$0.14