Civic Intelligence

Northeast Osteopathic Medical Education Network

990 • Fiscal year 2016 • EIN 01-0518520

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 15, 2016

11 Hills Beach RoadBiddeford, ME 04005

(207) 602-2229

Siviq Scores

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

Liabilities / Assets

95th percentile

1.07x

Higher debt load relative to assets than 95% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

88th percentile

0.22x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

12th percentile

-29%

Higher net margin than 12% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

99th percentile

$140,345

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 48.5% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

8th percentile

-53%

Faster asset growth than 8% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

22nd percentile

-23%

Faster revenue growth than 22% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$60,657

Down $69,624 (-53%) from 2015

Net Assets

Down

-$4,291

Down $84,762 (-105%) from 2015

Liabilities

Up

$64,948

Up $15,138 (+30%) from 2015

Revenue

Down

$289,462

Down $85,675 (-23%) from 2015

Expenses

Down

$374,224

Down $17,047 (-4.4%) from 2015

Net Income

Down

-$84,762

Down $68,628 (-425%) from 2015

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2010: $219,408Liabilities 2010: $76,701Net Assets 2010: $142,7072010Assets 2011: $152,063Liabilities 2011: $76,653Net Assets 2011: $75,4102011Assets 2012: $157,151Liabilities 2012: $85,682Net Assets 2012: $71,4692012Assets 2013: $161,632Liabilities 2013: $68,408Net Assets 2013: $93,2242013Assets 2014: $160,202Liabilities 2014: $63,597Net Assets 2014: $96,6052014Assets 2015: $130,281Liabilities 2015: $49,810Net Assets 2015: $80,4712015Assets 2016: $60,657Liabilities 2016: $64,948Net Assets 2016: -$4,2912016Assets 2017: $32,686Liabilities 2017: $42,086Net Assets 2017: -$9,4002017Assets 2018: $19,082Liabilities 2018: $1,096Net Assets 2018: $17,9862018Assets 2019: $23,541Liabilities 2019: $1,326Net Assets 2019: $22,2152019Assets 2020: $88,703Liabilities 2020: $15,042Net Assets 2020: $73,6612020Assets 2021: $60,871Liabilities 2021: $11,380Net Assets 2021: $49,4912021Assets 2022: $51,618Liabilities 2022: $1,291Net Assets 2022: $50,3272022Assets 2023: $49,767Liabilities 2023: $0Net Assets 2023: $49,7672023Assets 2024: $14,372Liabilities 2024: $0Net Assets 2024: $14,3722024

Highlighted filing

2016

Assets$60,657
Liabilities$64,948
Net Assets-$4,291

Operations Trend

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

$400K$200K$0-$200KRevenue 2010: $295,354Expenses 2010: $342,459Net Income 2010: -$47,1052010Expenses 2011: $363,1852011Expenses 2012: $333,9262012Revenue 2013: $357,155Expenses 2013: $335,400Net Income 2013: $21,7552013Revenue 2014: $379,273Expenses 2014: $375,892Net Income 2014: $3,3812014Revenue 2015: $375,137Expenses 2015: $391,271Net Income 2015: -$16,1342015Revenue 2016: $289,462Expenses 2016: $374,224Net Income 2016: -$84,7622016Revenue 2017: $367,546Expenses 2017: $372,655Net Income 2017: -$5,1092017Revenue 2018: $146,500Expenses 2018: $119,114Net Income 2018: $27,3862018Revenue 2019: $123,000Expenses 2019: $118,771Net Income 2019: $4,2292019Revenue 2020: $95,000Expenses 2020: $43,554Net Income 2020: $51,4462020Revenue 2021: $153Expenses 2021: $24,323Net Income 2021: -$24,1702021Revenue 2022: $45,000Expenses 2022: $44,164Net Income 2022: $8362022Revenue 2023: $90,000Expenses 2023: $90,560Net Income 2023: -$5602023Revenue 2024: $65,610Expenses 2024: $106,793Net Income 2024: -$41,1832024

Highlighted filing

2016

Revenue$289,462
Expenses$374,224
Net Income-$84,762
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 15, 2016
Return Version
2015v3.0
Gross Receipts
$289,462
Mission and Program Overview

Mission

Promote and enhance the quality and capacity of osteopathic medical education in the northeast

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$130,281$59,060▼ $71,221
Cash and Non-Interest-Bearing Accounts-$1,597-
Total Assets$130,281$60,657▼ $69,624
Liabilities
Accounts Payable and Accrued Expenses$49,810$64,948▲ $15,138
Total Liabilities$49,810$64,948▲ $15,138
Net Assets / Fund Balance
Unrestricted Net Assets$80,471$-4,291▼ $84,762
Total Net Assets Fund Balance$80,471$-4,291▼ $84,762
Total Liabilities and Net Assets / Fund Balance$130,281$60,657▼ $69,624
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Phil HeywoodExecutive DiFT$140,345$140,345
Polly E Leonard DoPresident-$8,500$8,500
Revenue and Support

Revenue Composition

Contributions and Grants
$159,350
Program Service Revenue
$130,000
Investment Income
$112
Other Revenue
$0
All Other Contributions
$159,350
Change in Net Assets
$-84,762
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$374,224
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
Fees for Services Management$225,037$4,184-$229,221
Travel$43,452--$43,452
Insurance-$2,232-$2,232
Office Expenses-$1,823-$1,823
Fees for Services Accounting-$1,540-$1,540
Other Expenses$1,045$183-$183
Fees for Services Legal-$150-$150
Total Functional Expenses$364,112$10,112$0$374,224
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Phil HeywoodExec.directorContracted SalaryNo$122,914
Phil HeywoodExec.directorBonusNo$17,431
Polly E Leonard DoBod PresidentStipendNo$8,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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

Form 990 is reviewed by the executive director and treasurer.

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

The organization requires a signed conflict of interest disclosure from each board member annually.

Form 990, Page 6, Part VI, Line 15A

A review of other opti executive directors within the osteopathic profession was conducted.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Northeast Osteopathic Medical
EIN
01-0518520
Phone
2076022229
Address
11 HILLS BEACH ROAD, BIDDEFORD, ME 04005

Signing Officer

Name
Phil Heywood
Title
Executive Director
Phone
2076022229
Signed
2016-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Phil Heywood
Formed
1998
Legal Domicile
Me
Voting Board Members
18
Independent Board Members
18
Employees
0
Volunteers
500

Preparer

Firm
Bruce D Norling CPA Pc
Address
410 BOSTON POST RD STE 24, SUDBURY, MA 01776
Preparer
Bruce D Norling CPA Pc
Phone
9784439114
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IRS990/PYInvestmentIncomeAmt0757
IRS990/PYOtherExpensesAmt0391271
IRS990/PYProgramServiceRevenueAmt0345880
IRS990/PYRevenuesLessExpensesAmt0-16134
IRS990/PYTotalExpensesAmt0391271
IRS990/PYTotalRevenueAmt0375137
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-84762
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0130281
IRS990/SavingsAndTempCashInvstGrp/EOYAmt059060
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0159350
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt028500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt028200
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt022500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt010000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0248550
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0112
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0757
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0903
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0865
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0825
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03462
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0130000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0345880
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0350170
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0333790
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0319160
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01479000
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0112
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0757
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0903
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0865
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0825
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03462
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99800
IRS990ScheduleA/PublicSupportPY509Pct00.99730
IRS990ScheduleA/PublicSupportTotal509Amt01727550
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0289350
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0374380
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0378370
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0356290
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0329160
IRS990ScheduleA/Total509Grp/TotalAmt01727550
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0289462
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0375137
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0379273
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0357155
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0329985
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01731012
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0POLLY E LEONARD DO
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1PHIL HEYWOOD
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm2PHIL HEYWOOD
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BOD PRESIDENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1EXEC.DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2EXEC.DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd2false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt08500
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt117431
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt2122914
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0STIPEND
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1BONUS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2CONTRACTED SALARY
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/CashGrantAmt08500
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/PersonNm0POLLY E LEONARD DO
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/RelationshipWithOrgTxt0BOD PRESIDENT
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/TypeOfAssistanceTxt0STIPEND
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0A BOARD MEMBER OF NEOMEN WORKS FOR UNIVERSITY OF NEW ENGLAND (UNE), AND NEOMEN RECEIVED A GRANT OF 159,350 FROM UNE IN FY2016. UNE PAID NEOMEN ANNUAL MEMBER DUES OF 10,000 IN FY2016. UNE PAID, AND NEOMEN REIMBURSED, CONTRACTED SALARIES AND FRINGE BENEFITS OF 229,221 IN FY2016, WHICH INCLUDES PAYMENT FOR SERVICES PROVIDED BY NEOMEN'S EXECUTIVE DIRECTOR. IN ADDITION, UNE PAYS CERTAIN OTHER EXPENSES THAT NEOMEN REIMBURSES, AND UNE PROVIDES IN-KIND RENT AND OCCUPANCY TO NEOMEN.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND TREASURER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REQUIRES A SIGNED CONFLICT OF INTEREST DISCLOSURE FROM EACH BOARD MEMBER ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A REVIEW OF OTHER OPTI EXECUTIVE DIRECTORS WITHIN THE OSTEOPATHIC PROFESSION WAS CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0130281
IRS990/TotalAssetsEOYAmt060657
IRS990/TotalAssetsGrp/BOYAmt0130281
IRS990/TotalAssetsGrp/EOYAmt060657
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0159350
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt010112
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0364112
IRS990/TotalFunctionalExpensesGrp/TotalAmt0374224
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt049810
IRS990/TotalLiabilitiesEOYAmt064948
IRS990/TotalLiabilitiesGrp/BOYAmt049810
IRS990/TotalLiabilitiesGrp/EOYAmt064948
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt080471
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-4291
IRS990/TotalProgramServiceExpensesAmt0364112
IRS990/TotalProgramServiceRevenueAmt0130000
IRS990/TotalRevenueGrp/ExclusionAmt0112
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0130000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0289462
IRS990/TotalVolunteersCnt0500
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0130281

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.$0.14$0.00$0.14$0.66$1.07$0.41
2023Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$0.90$0.91$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.52$0.01$0.50$0.45$0.44$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.61$0.11$0.49$0.00$0.24$0.24
2020Detailed filing. Detailed filing data is available for this year.$0.89$0.15$0.74$0.95$0.44$0.51
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.01$0.22$1.23$1.19$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.19$0.01$0.18$1.47$1.19$0.27
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.33$0.42$0.09$3.68$3.73$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.61$0.65$0.04$2.89$3.74$0.85
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.30$0.50$0.80$3.75$3.91$0.16
2014Detailed filing. Detailed filing data is available for this year.$1.60$0.64$0.97$3.79$3.76$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.62$0.68$0.93$3.57$3.35$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.57$0.86$0.71$3.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.52$0.77$0.75$3.63
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.19$0.77$1.43$2.95$3.42$0.47