Civic Intelligence

Halos for Angels Inc.

990EZ • Fiscal year 2023 • EIN 80-0506158

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 05, 2024

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

74th percentile

0.00x

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

2023 filings • NTEE P60 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

74th percentile

0.00x

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

2023 filings • NTEE P60 • <$500k nonprofits • Source year 2023

Net Margin

33rd percentile

0.1%

Higher net margin than 33% of similar nonprofits.

2023 filings • NTEE P60 • <$500k nonprofits • Source year 2023

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.

2023 filings • NTEE P60 • <$500k nonprofits • Source year 2023

Asset Growth

49th percentile

0.5%

Faster asset growth than 49% of similar nonprofits.

2023 filings • NTEE P60 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

62nd percentile

14%

Faster revenue growth than 62% of similar nonprofits.

2023 filings • NTEE P60 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$44,230

Up $236 (+0.5%) from 2022

Net Assets

Up

$44,230

Up $236 (+0.5%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$73,150

Up $9,136 (+14%) from 2022

Expenses

Up

$73,102

Up $10,114 (+16%) from 2022

Net Income

Down

$48

Down $978 (-95%) from 2022

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

2023

Assets$44,230
Liabilities$0
Net Assets$44,230

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

2023

Revenue$73,150
Expenses$73,102
Net Income$48
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 5, 2024
Return Version
2023v5.1
Gross Receipts
$91,690
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--
ELISA DEMASIVice PresidentPT$0--
JACQUELINE SCHORRRecording SecretaryPT$0--
CECELIA BOCCHINOTreasurerPT$0--
JOHN FORDTrusteePT$0--
LOUISE PRYERTrusteePT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$32,135$11,135$2,941$8,194
Holiday Tour$7,795$145-$145
Total Events$47,534$13,584$18,540$-4,956
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
2024-11-05
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: 4. Description: dividend income. Amount: 23. 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: 39,716.

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

Activity classification: scholarships. Grantee name: multipe. Amount given: 10,000. Total included on form 990-ez, line 10: 49,716.

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

Description: advertising & promotion. Amount: 3,826. Description: filing fees. Amount: 40. Description: office expenses. Amount: 3,227. Description: volunteer expenses. Amount: 2,062. Description: insurance. Amount: 1,354. Description: officer allowances. Amount: 4,800. Description: special events. Amount: 100. Description: internship stipends. Amount: 2,450. Description: president vehicle maintenance. Amount: 2,308. Total to form 990-ez, line 16: 20,167.

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

Description: unrealized gain. Amount: 188.

Raw XML Appendix225 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: INTEREST INCOME. AMOUNT: 4. DESCRIPTION: DIVIDEND INCOME. AMOUNT: 23. TOTAL INCLUDED ON FORM 990-EZ, LINE 4: 27.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: CHARITABLE CONTRIBUTIONS. GRANTEE NAME: CHARITABLE DONATIONS. AMOUNT GIVEN: 39,716.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: SCHOLARSHIPS. GRANTEE NAME: MULTIPE. AMOUNT GIVEN: 10,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 49,716.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ADVERTISING & PROMOTION. AMOUNT: 3,826. DESCRIPTION: FILING FEES. AMOUNT: 40. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 3,227. DESCRIPTION: VOLUNTEER EXPENSES. AMOUNT: 2,062. DESCRIPTION: INSURANCE. AMOUNT: 1,354. DESCRIPTION: OFFICER ALLOWANCES. AMOUNT: 4,800. DESCRIPTION: SPECIAL EVENTS. AMOUNT: 100. DESCRIPTION: INTERNSHIP STIPENDS. AMOUNT: 2,450. DESCRIPTION: PRESIDENT VEHICLE MAINTENANCE. AMOUNT: 2,308. TOTAL TO FORM 990-EZ, LINE 16: 20,167.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: UNREALIZED GAIN. AMOUNT: 188.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
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.
ReturnHeader/BuildTS02024-10-15 13:58:12Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN CASOLARO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09738459636
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HALOS FOR ANGELS
ReturnHeader/Filer/BusinessNameControlTxt0HALO
ReturnHeader/Filer/EIN0800506158
ReturnHeader/Filer/PhoneNum09738459636
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 415
ReturnHeader/Filer/USAddress/CityNm0FLORHAM PARK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007932
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0873231666
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PKF O'CONNOR DAVIES ADVISORY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt020 COMMERCE DRIVE SUITE 301
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CRANFORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0070163618
ReturnHeader/PreparerPersonGrp/PhoneNum09082726200
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0EDMOND P BRADY
ReturnHeader/ReturnTs02024-11-15T09:45:13-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • NTEE P60 • <$500k nonprofits