Civic Intelligence

Liver Institute & Foundation for Educ & Research Nj Non-Profit Corp

990 • Fiscal year 2016 • EIN 01-0749726

Jan 01, 2016 to Dec 31, 2016 • Filed on Mar 09, 2017

59 Constellation WharfCharlestown, MA 02129

(732) 340-9178

Siviq Scores

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

Liabilities / Assets

75th percentile

0.27x

Higher debt load relative to assets than 75% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

94th percentile

2.41x

Higher debt load relative to revenue than 94% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

1st percentile

-767%

Higher net margin than 1% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

50th percentile

$5,000

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 5.3% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

4th percentile

-37%

Faster asset growth than 4% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

1st percentile

-91%

Faster revenue growth than 1% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$857,929

Down $509,324 (-37%) from 2015

Net Assets

Down

$629,629

Down $728,124 (-54%) from 2015

Liabilities

Up

$228,300

Up $218,800 (+2303%) from 2015

Revenue

Down

$94,875

Down $905,125 (-91%) from 2015

Expenses

Up

$822,999

Up $521,070 (+173%) from 2015

Net Income

Down

-$728,124

Down $1,426,195 (-204%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $549,524Liabilities 2010: $151,500Net Assets 2010: $398,0242010Assets 2011: $454,078Liabilities 2011: $103,150Net Assets 2011: $350,9282011Assets 2012: $698,238Liabilities 2012: $103,300Net Assets 2012: $594,9382012Assets 2013: $620,654Liabilities 2013: $51,800Net Assets 2013: $568,8542013Assets 2014: $661,182Liabilities 2014: $111,500Net Assets 2014: $549,6822014Assets 2015: $1,367,253Liabilities 2015: $9,500Net Assets 2015: $1,357,7532015Assets 2016: $857,929Liabilities 2016: $228,300Net Assets 2016: $629,6292016Assets 2017: $1,271,039Liabilities 2017: $230,574Net Assets 2017: $1,040,4652017Assets 2018: $950,527Liabilities 2018: $164,160Net Assets 2018: $786,3672018Assets 2019: $1,314,305Liabilities 2019: $555,800Net Assets 2019: $758,5052019Assets 2020: $788,173Liabilities 2020: $75,000Net Assets 2020: $713,1732020Assets 2021: $744,630Liabilities 2021: $0Net Assets 2021: $744,6302021Assets 2022: $723,168Liabilities 2022: $0Net Assets 2022: $723,1682022Assets 2023: $508,870Liabilities 2023: $0Net Assets 2023: $508,8702023

Highlighted filing

2016

Assets$857,929
Liabilities$228,300
Net Assets$629,629

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2010: $203,047Expenses 2010: $147,192Net Income 2010: $55,8552010Revenue 2011: $327,541Expenses 2011: $374,637Net Income 2011: -$47,0962011Revenue 2012: $680,000Expenses 2012: $435,990Net Income 2012: $244,0102012Revenue 2013: $379,980Expenses 2013: $406,064Net Income 2013: -$26,0842013Revenue 2014: $0Expenses 2014: $19,172Net Income 2014: -$19,1722014Revenue 2015: $1,000,000Expenses 2015: $301,929Net Income 2015: $698,0712015Revenue 2016: $94,875Expenses 2016: $822,999Net Income 2016: -$728,1242016Revenue 2017: $566,826Expenses 2017: $87,540Net Income 2017: $479,2862017Revenue 2018: $296,309Expenses 2018: $550,407Net Income 2018: -$254,0982018Revenue 2019: $1,397,772Expenses 2019: $1,371,807Net Income 2019: $25,9652019Revenue 2020: $413Expenses 2020: $45,745Net Income 2020: -$45,3322020Revenue 2021: $85,385Expenses 2021: $53,928Net Income 2021: $31,4572021Revenue 2022: $66,411Expenses 2022: $87,873Net Income 2022: -$21,4622022Revenue 2023: $10,153Expenses 2023: $224,451Net Income 2023: -$214,2982023

Highlighted filing

2016

Revenue$94,875
Expenses$822,999
Net Income-$728,124
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Mar 9, 2017
Return Version
2016v3.0
Gross Receipts
$94,875
Mission and Program Overview

Mission

Our mission is to provide high-level education to clinical care providers in hepatology, to educate patients and members of their support networks about specific liver diseases, and to promote research leading to enhanced understanding of liver disease with the expectation of improving patient care.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,367,253$803,054▼ $564,199
Pledges and Grants Receivable-$54,875-
Total Assets$1,367,253$857,929▼ $509,324
Liabilities
Grants Payable-$225,000-
Accounts Payable and Accrued Expenses$9,500$3,300▼ $6,200
Total Liabilities$9,500$228,300▲ $218,800
Net Assets / Fund Balance
Unrestricted Net Assets$498,240$495,059▼ $3,181
Temporarily Rstr Net Assets$859,513$134,570▼ $724,943
Total Net Assets Fund Balance$1,357,753$629,629▼ $728,124
Total Liabilities and Net Assets / Fund Balance$1,367,253$857,929▼ $509,324

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$859,513$94,875-$819,818$134,570
2015$110,000$1,000,000-$250,487$859,513
2014-$110,000--$110,000
Compensation and Service Providers

Employees

NameTitleBaseTotal
Jonathan FreveTreasurer/clerk/director$5,000$5,000

Board Members and Trustees

NameTitle
Nezam Afdhal MdPresident/director
David ThomasDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
EnabledMedical Consultants1005 SAN JOSE DRIVE, Elm Grove, WI 53122$361,123
University Of New MexicoMedical Consultants2500 MARBLE AVE NE, Albuquerque, NM 87131$115,487
Revenue and Support

Revenue Composition

Contributions and Grants
$94,875
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$94,875
Change in Net Assets
$-728,124
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$492,999
Grants and Similar Amounts Paid$325,000
Salaries, Compensation, and Employee Benefits$5,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$476,609--$476,609
Grants to Domestic Orgs$325,000--$325,000
Fees for Services Legal-$6,648-$6,648
Conferences and Meetings$5,476--$5,476
Current Officers, Directors, Trustees, and Key Employees$5,000--$5,000
Fees for Services Accounting-$4,225-$4,225
Office Expenses-$41-$41
Total Functional Expenses$812,085$10,914$0$822,999
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Aasld FoundationAlexandria, VA501(c)(3)Program Support$300,000
Trustees of Boston UniversityBoston, MA501(c)(3)Program Support$25,000
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
Backup withholding compliance
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

The organization does not have any committees with authority to act on behalf of the governing body. Since the organization has only 3 board members, they vote on all matters related to the governance of the organization.

Form 990, Part VI, Section B, Line 11B

The organization distributes a copy of the form 990 to the board members prior to filing.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Liver Institute and Foundation for
EIN
01-0749726
Phone
7323409178
Address
59 CONSTELLATION WHARF, CHARLESTOWN, MA 02129

Signing Officer

Name
Nezam Afdhal Md
Title
President
Phone
7323409178
Signed
2017-03-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nezam Afdhal Md
Formed
2002
Legal Domicile
Nj
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Edelstein and Company Llp
Address
160 FEDERAL STREET 9TH FLOOR, BOSTON, MA 02110
Preparer
Alfonso Perillo
Phone
6172276161
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Program consultants: program service expenses 476,609. Management and general expenses 0. Fundraising expenses 0. Total expenses 476,609.

Financial Statement Notes

PART V, LINE 4:

At december 31, 2016, temporarily restricted net assets were available for the elimination of hepatitis c in georgia project.

Raw XML Appendix358 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/MissionDesc0OUR MISSION IS TO PROVIDE HIGH-LEVEL EDUCATION TO CLINICAL CARE PROVIDERS IN HEPATOLOGY, TO EDUCATE PATIENTS AND MEMBERS OF THEIR SUPPORT NETWORKS ABOUT SPECIFIC LIVER DISEASES, AND TO PROMOTE RESEARCH LEADING TO ENHANCED UNDERSTANDING OF LIVER DISEASE WITH THE EXPECTATION OF IMPROVING PATIENT CARE.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0DESCRIPTION: ELIMINATE HEPATITIS C IN GEORGIA PROJECT DATE: 09/04/15 AMOUNT: 1000000.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE $1,000,000 GRANT REPORTED AS AN UNUSUAL GRANT WAS THE SOLE GRANT RECEIVED IN 2015. DUE TO THE UNUSUAL AMOUNT AND NATURE OF THE GRANT, THE ORGANIZATION HAS TREATED THE GRANT AS AN UNUSUAL GRANT FOR PUBLIC SUPPORT TEST PURPOSES. THEREFORE, PART II, SECTION A, LINE 1(D) OF SCHEDULE A IS LEFT BLANK.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0AT DECEMBER 31, 2016, TEMPORARILY RESTRICTED NET ASSETS WERE AVAILABLE FOR THE ELIMINATION OF HEPATITIS C IN GEORGIA PROJECT.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1PROGRAM SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0AASLD FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1TRUSTEES OF BOSTON UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientEIN0464495751
IRS990ScheduleI/RecipientTable/RecipientEIN1042103547
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01001 NORTH FAIRFAX ST STE 400
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1881 COMMONWEALTH AVE 4TH FLOOR
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ALEXANDRIA
IRS990ScheduleI/RecipientTable/USAddress/CityNm1BOSTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0VA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd022314
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd102215
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0N/A
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc1N/A
IRS990ScheduleI/Total501c3OrgCnt02
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. SINCE THE ORGANIZATION HAS ONLY 3 BOARD MEMBERS, THEY VOTE ON ALL MATTERS RELATED TO THE GOVERNANCE OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DISTRIBUTES A COPY OF THE FORM 990 TO THE BOARD MEMBERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROGRAM CONSULTANTS: PROGRAM SERVICE EXPENSES 476,609. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 476,609.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0859513
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0134570
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01367253
IRS990/TotalAssetsEOYAmt0857929
IRS990/TotalAssetsGrp/BOYAmt01367253
IRS990/TotalAssetsGrp/EOYAmt0857929
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt094875
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt010914
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0812085
IRS990/TotalFunctionalExpensesGrp/TotalAmt0822999
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt09500
IRS990/TotalLiabilitiesEOYAmt0228300
IRS990/TotalLiabilitiesGrp/BOYAmt09500
IRS990/TotalLiabilitiesGrp/EOYAmt0228300
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01357753
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0629629
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0812085
IRS990/TotalReportableCompFromOrgAmt05000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt094875
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01367253
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0857929
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0498240
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0495059
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt059 CONSTELLATION WHARF
IRS990/USAddress/CityNm0CHARLESTOWN
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002129
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.LIVER-INSTITUTE.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0NEZAM AFDHAL MD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07323409178
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-03-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LIVER INSTITUTE AND FOUNDATION FOR
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0EDUCATION AND RESEARCH INC
ReturnHeader/Filer/BusinessNameControlTxt0LIVE
ReturnHeader/Filer/EIN0010749726
ReturnHeader/Filer/PhoneNum07323409178
ReturnHeader/Filer/USAddress/AddressLine1Txt059 CONSTELLATION WHARF
ReturnHeader/Filer/USAddress/CityNm0CHARLESTOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002129
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId00D76887A21FF303987ADF0E4D0B068FF6EB2BB99
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId00D76887A21FF303987ADF0E4D0B068FF6EB2BB99
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt038.111.9.114
ReturnHeader/FilingSecurityInformation/IPDt02017-03-09
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm009:48:38
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042442519
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EDELSTEIN AND COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0160 FEDERAL STREET 9TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BOSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002110
ReturnHeader/PreparerPersonGrp/PhoneNum06172276161
ReturnHeader/PreparerPersonGrp/PreparationDt02017-03-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALFONSO PERILLO
ReturnHeader/ReturnTs02017-03-10T10:04:43-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$0.01$0.22$0.21
2022Detailed filing. Detailed filing data is available for this year.$0.72$0.00$0.72$0.07$0.09$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$0.09$0.05$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.79$0.08$0.71$0.00$0.05$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.31$0.56$0.76$1.40$1.37$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.95$0.16$0.79$0.30$0.55$0.25
2017Detailed filing. Detailed filing data is available for this year.$1.27$0.23$1.04$0.57$0.09$0.48
2016Detailed filing. Detailed filing data is available for this year.$0.86$0.23$0.63$0.09$0.82$0.73
2015Summary only. Only limited summary data is available for this year.$1.37$0.01$1.36$1.00$0.30$0.70
2014Summary only. Only limited summary data is available for this year.$0.66$0.11$0.55$0.00$0.02$0.02
2013Summary only. Only limited summary data is available for this year.$0.62$0.05$0.57$0.38$0.41$0.03
2012Summary only. Only limited summary data is available for this year.$0.70$0.10$0.59$0.68$0.44$0.24
2011Summary only. Only limited summary data is available for this year.$0.45$0.10$0.35$0.33$0.37$0.05
2010Summary only. Only limited summary data is available for this year.$0.55$0.15$0.40$0.20$0.15$0.06