Civic Intelligence

Safehealth Inc

EIN 85-2586676 • 501(c)3 • Lawrence, MA

Profile

Getting vulnerable veterans and mental health challenged people who are homeless the much deserved help they need.

49 Bodwell StLawrence, MA 01841
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

98th percentile

9.70x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

92nd percentile

0.59x

Higher debt load relative to revenue than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

46th percentile

0.0%

Higher net margin than 46% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

76th percentile

20%

Faster asset growth than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

21st percentile

-42%

Faster revenue growth than 21% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$3,000

Up $500 (+20%) from 2020

Liabilities

Up

$29,100

Up $500 (+1.7%) from 2020

Net Assets

Flat

-$26,100

Flat from 2020

Operations
Liabilities / Revenue92nd percentileNet Margin46th percentile

Revenue

Down

$49,500

Down $35,500 (-42%) from 2020

Expenses

Down

$49,500

Down $61,600 (-55%) from 2020

Net Income

Up

$0

Up $26,100 (+100%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth76th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40K$20K$0-$20K-$40KAssets 2020: $2,500Liabilities 2020: $28,600Net Assets 2020: -$26,1002020Assets 2021: $3,000Liabilities 2021: $29,100Net Assets 2021: -$26,1002021

Highlighted filing

2021

Assets$3,000
Liabilities$29,100
Net Assets-$26,100
Open 2021 Filing

Operations Trend

Revenue Growth21st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2020: $85,000Expenses 2020: $111,100Net Income 2020: -$26,1002020Revenue 2021: $49,500Expenses 2021: $49,500Net Income 2021: $02021

Highlighted filing

2021

Revenue$49,500
Expenses$49,500
Net Income$0
Open 2021 Filing

Filings

Most recent year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,000
Liabilities
$29,100
Net assets
-$26,100
Revenue
$49,500
Expenses
$49,500
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.03$0.29$0.26$0.50$0.50$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.03$0.29$0.26$0.85$1.11$0.26
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 8, 2022
Return Version
2021v4.2
Gross Receipts
$49,500
Mission and Program Overview

Mission

Getting vulnerable veterans and mental health challenged people who are homeless the much deserved help they need.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,500$3,000▲ $500
Rtn Earn Endowment Incm Other Fnds$-26,100$-26,100→ $0
Total Assets$2,500$3,000▲ $500
Liabilities
Accounts Payable and Accrued Expenses$28,600$29,100▲ $500
Total Liabilities$28,600$29,100▲ $500
Net Assets / Fund Balance
Total Net Assets Fund Balance$-26,100$-26,100→ $0
Total Liabilities and Net Assets / Fund Balance$2,500$3,000▲ $500
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Kayode ArimoroVice-president
Revenue and Support

Revenue Composition

Contributions and Grants
$49,500
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$49,500
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$49,500
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$49,500--$49,500
Total Functional Expenses$49,500$0$0$49,500
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 35% controlled entity
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
Yes
Management duties delegated
No

Governance Explanations

Part VI, Section A, Line 6

“The organization has members and officers who are eligable to elect members of the governing board.”

PART VI, SECTION A, LINE 7A

“The organization has members and officers who are eligable to elect members of the governing board.”

PART VI, SECTION A, LINE 8A

“The organization maintained documentation of minutes for meetings held during the year by the governing board.”

PART VI, SECTION A, LINE 8B

“The organization maintained documentation of minutes for meetings held during the year by each committee on behalf of the governing board.”

Part VI, Section B, Line 11

“A copy of the prepared tax return was presented to the governing board for approval by filing with, or mailing to the irs.”

PART VI, SECTION B, LINE 12C

“The organization consistently ensures obedience to this conflict of interest rule.”

Part VI, Section C, Line 19

“The document for this organization are available at the official address of the organization, and available for public inspection upon request.”

Filing and Contact Details

Filer

Filer Name
Safehealth Inc
EIN
85-2586676
Phone
8572851734
Address
49 BODWELL ST, LAWRENCE, MA 01841

Signing Officer

Name
Kayode Arimoro
Title
Vice President
Phone
8572851734
Signed
2022-06-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kayode Arimoro
Formed
2020
Legal Domicile
Ma
Voting Board Members
2
Independent Board Members
2
Employees
0

Preparer

Firm
Osa Services Inc
Address
1773 DORCHESTER AVENUE SUTIE 2A, BOSTON, MA 02124
Preparer
Osa Services Inc
Phone
6172878877
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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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