Civic Intelligence

Halos for Angels Inc.

990EZ • Fiscal year 2022 • EIN 80-0506158

Jan 01, 2022 to Dec 31, 2022 • Filed on May 24, 2023

PO Box 415Florham Park, NJ 07932

(973) 845-9636

Siviq Scores

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

Liabilities / Assets

71st percentile

0.00x

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

2022 filings • NTEE P60 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

71st percentile

0.00x

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

2022 filings • NTEE P60 • <$500k nonprofits • Source year 2022

Net Margin

42nd percentile

1.6%

Higher net margin than 42% of similar nonprofits.

2022 filings • NTEE P60 • <$500k nonprofits • Source year 2022

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

2022 filings • NTEE P60 • <$500k nonprofits • Source year 2022

Asset Growth

50th percentile

1.5%

Faster asset growth than 50% of similar nonprofits.

2022 filings • NTEE P60 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

31st percentile

-17%

Faster revenue growth than 31% of similar nonprofits.

2022 filings • NTEE P60 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$43,994

Up $630 (+1.5%) from 2021

Net Assets

Up

$43,994

Up $630 (+1.5%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$64,014

Down $12,996 (-17%) from 2021

Expenses

Down

$62,988

Down $4,345 (-6.5%) from 2021

Net Income

Down

$1,026

Down $8,651 (-89%) from 2021

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2015: $15,478Liabilities 2015: $0Net Assets 2015: $15,4782015Assets 2016: $20,855Liabilities 2016: $0Net Assets 2016: $20,8552016Assets 2017: $13,537Liabilities 2017: $0Net Assets 2017: $13,5372017Assets 2018: $23,115Liabilities 2018: $0Net Assets 2018: $23,1152018Assets 2019: $32,428Net Assets 2019: $32,4282019Assets 2020: $33,339Liabilities 2020: $0Net Assets 2020: $33,3392020Assets 2021: $43,364Liabilities 2021: $0Net Assets 2021: $43,3642021Assets 2022: $43,994Liabilities 2022: $0Net Assets 2022: $43,9942022Assets 2023: $44,230Liabilities 2023: $0Net Assets 2023: $44,2302023Assets 2024: $63,942Net Assets 2024: $63,9422024

Highlighted filing

2022

Assets$43,994
Liabilities$0
Net Assets$43,994

Operations Trend

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

$100K$50K$0-$50KRevenue 2015: $63,867Expenses 2015: $54,464Net Income 2015: $9,4032015Revenue 2016: $59,174Expenses 2016: $53,797Net Income 2016: $5,3772016Revenue 2017: $68,967Expenses 2017: $76,285Net Income 2017: -$7,3182017Revenue 2018: $52,736Expenses 2018: $43,158Net Income 2018: $9,5782018Revenue 2019: $78,675Expenses 2019: $69,362Net Income 2019: $9,3132019Revenue 2020: $52,377Expenses 2020: $51,520Net Income 2020: $8572020Revenue 2021: $77,010Expenses 2021: $67,333Net Income 2021: $9,6772021Revenue 2022: $64,014Expenses 2022: $62,988Net Income 2022: $1,0262022Revenue 2023: $73,150Expenses 2023: $73,102Net Income 2023: $482023Revenue 2024: $75,928Expenses 2024: $56,429Net Income 2024: $19,4992024

Highlighted filing

2022

Revenue$64,014
Expenses$62,988
Net Income$1,026
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 24, 2023
Return Version
2022v5.0
Gross Receipts
$77,331
Mission and Program Overview

Mission

The organization is dedicated to community families in need. The organization was formed for the following purposes: (a) to nurture its community's "well-being" by extending to its familiies temporary relief, comfort, and support when sudden tragedy of emotional and physical despair "hits home; (b) by helping families with the day-to-day responsibilities, the organization can temporarily provide for transportation services, shopping trips, child care, daily meals, whatever the need may be, until the families are stronger and back on their feet; (c) for those who suffer emotionally; comforting support and companionship are extended by professionals and volunteers who are honored and most willing to help others in need; (d) by networking with community families, organizations, and volunteers, the organization "gives back" with temporary services to families as they journey ahead to a stronger and stable environment once again.

Program Services

DescriptionGrantsExpenses
(A) TO NURTURE ITS COMMUNITY'S "WELL-BEING" BY EXTENDING TO ITS FAMILIIES TEMPORARY RELIEF, COMFORT, AND SUPPORT WHEN SUDDEN TRAGEDY OF EMOTIONAL AND PHYSICAL DESPAIR "HITS HOME; (B) BY HELPING FAMILIES WITH THE DAY-TO-DAY RESPONSIBILITIES, THE ORGANIZATION CAN TEMPORARILY PROVIDE FOR TRANSPORTATION SERVICES, SHOPPING TRIPS, CHILD CARE, DAILY MEALS, WHATEVER THE NEED MAY BE, UNTIL THE FAMILIES ARE STRONGER AND BACK ON THEIR FEET; (C) FOR THOSE WHO SUFFER EMOTIONALLY; COMFORTING SUPPORT AND COMPANIONSHIP ARE EXTENDED BY PROFESSIONALS AND VOLUNTEERS WHO ARE HONORED AND MOST WILLING TO HELP OTHERS IN NEED; (D) BY NETWORKING WITH COMMUNITY FAMILIES, ORGANIZATIONS, AND VOLUNTEERS, THE ORGANIZATION "GIVES BACK" WITH TEMPORARY SERVICES TO FAMILIES AS THEY JOURNEY AHEAD TO A STRONGER AND STABLE ENVIRONMENT ONCE AGAIN.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KAREN CASOLAROPresidentFT$0--
ELIZABETH A GIZZOVice PresidentPT$0--
DR BARBARA TAMBURROSecretaryPT$0--
CECELIA BOCCHINOTreasurerPT$0--
JOHN FORDTrusteePT$0--
MARIA KESELMANTrusteePT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$31,886$10,441$795$9,646
Total Events$31,886$10,441$13,317$-2,876
Filing and Contact Details

Filer

Filer Name
Halos for Angels
EIN
80-0506158
Phone
9738459636
Address
PO BOX 415, FLORHAM PARK, NJ 07932

Signing Officer

Name
Karen Casolaro
Title
President
Phone
9738459636
Signed
2023-05-24
Discuss with paid preparer
Yes

Preparer

Firm
PKF O'CONNOR DAVIES ADVISORY LLC
Address
20 COMMERCE DRIVE SUITE 301, CRANFORD, NJ 07016-3618
Preparer
Edmond P Brady
Phone
9082726200
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 7. Description: dividend income. Amount: 20. Total included on form 990-ez, line 4: 27.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: charitable contributions. Grantee name: charitable donations. Amount given: 30,144.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: scholarships. Grantee name: multipe. Amount given: 11,035. Total included on form 990-ez, line 10: 41,179.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: advertising & promotion. Amount: 1,719. Description: filing fees. Amount: 135. Description: office expenses. Amount: 5,517. Description: volunteer expenses. Amount: 3,406. Description: insurance. Amount: 1,357. Description: officer allowances. Amount: 4,800. Total to form 990-ez, line 16: 16,934.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: unrealized gain. Amount: -396.

Raw XML Appendix216 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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IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATION IS DEDICATED TO COMMUNITY FAMILIES IN NEED. THE ORGANIZATION WAS FORMED FOR THE FOLLOWING PURPOSES: (A) TO NURTURE ITS COMMUNITY'S "WELL-BEING" BY EXTENDING TO ITS FAMILIIES TEMPORARY RELIEF, COMFORT, AND SUPPORT WHEN SUDDEN TRAGEDY OF EMOTIONAL AND PHYSICAL DESPAIR "HITS HOME; (B) BY HELPING FAMILIES WITH THE DAY-TO-DAY RESPONSIBILITIES, THE ORGANIZATION CAN TEMPORARILY PROVIDE FOR TRANSPORTATION SERVICES, SHOPPING TRIPS, CHILD CARE, DAILY MEALS, WHATEVER THE NEED MAY BE, UNTIL THE FAMILIES ARE STRONGER AND BACK ON THEIR FEET; (C) FOR THOSE WHO SUFFER EMOTIONALLY; COMFORTING SUPPORT AND COMPANIONSHIP ARE EXTENDED BY PROFESSIONALS AND VOLUNTEERS WHO ARE HONORED AND MOST WILLING TO HELP OTHERS IN NEED; (D) BY NETWORKING WITH COMMUNITY FAMILIES, ORGANIZATIONS, AND VOLUNTEERS, THE ORGANIZATION "GIVES BACK" WITH TEMPORARY SERVICES TO FAMILIES AS THEY JOURNEY AHEAD TO A STRONGER AND STABLE ENVIRONMENT ONCE AGAIN.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 7. DESCRIPTION: DIVIDEND INCOME. AMOUNT: 20. TOTAL INCLUDED ON FORM 990-EZ, LINE 4: 27.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: CHARITABLE CONTRIBUTIONS. GRANTEE NAME: CHARITABLE DONATIONS. AMOUNT GIVEN: 30,144.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: SCHOLARSHIPS. GRANTEE NAME: MULTIPE. AMOUNT GIVEN: 11,035. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 41,179.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ADVERTISING & PROMOTION. AMOUNT: 1,719. DESCRIPTION: FILING FEES. AMOUNT: 135. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 5,517. DESCRIPTION: VOLUNTEER EXPENSES. AMOUNT: 3,406. DESCRIPTION: INSURANCE. AMOUNT: 1,357. DESCRIPTION: OFFICER ALLOWANCES. AMOUNT: 4,800. TOTAL TO FORM 990-EZ, LINE 16: 16,934.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: UNREALIZED GAIN. AMOUNT: -396.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0070163618
ReturnHeader/PreparerPersonGrp/PhoneNum09082726200
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0EDMOND P BRADY
ReturnHeader/ReturnTs02023-05-31T12:18:14-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KAREN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CASOLARO
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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