Civic Intelligence

Health Quarters Inc

990 • Fiscal year 2016 • EIN 04-2475363

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 14, 2017

100 Cummings Center No 220BBeverly, MA 01915

(978) 927-9827

Siviq Scores

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

Liabilities / Assets

58th percentile

0.16x

Higher debt load relative to assets than 58% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

49th percentile

0.10x

Higher debt load relative to revenue than 49% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

60th percentile

5.5%

Higher net margin than 60% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

85th percentile

$160,766

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 5.4% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

72nd percentile

9.7%

Faster asset growth than 72% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

65th percentile

9.5%

Faster revenue growth than 65% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,912,901

Up $168,952 (+9.7%) from 2015

Net Assets

Up

$1,610,790

Up $113,917 (+7.6%) from 2015

Liabilities

Up

$302,111

Up $55,035 (+22%) from 2015

Revenue

Up

$2,970,770

Up $256,862 (+9.5%) from 2015

Expenses

Up

$2,807,260

Up $361,638 (+15%) from 2015

Net Income

Down

$163,510

Down $104,776 (-39%) from 2015

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $1,181,410Liabilities 2010: $273,713Net Assets 2010: $907,6972010Assets 2011: $1,200,809Liabilities 2011: $233,806Net Assets 2011: $967,0032011Assets 2012: $1,258,851Liabilities 2012: $290,086Net Assets 2012: $968,7652012Assets 2013: $1,326,049Liabilities 2013: $311,712Net Assets 2013: $1,014,3372013Assets 2014: $1,496,721Liabilities 2014: $249,824Net Assets 2014: $1,246,8972014Assets 2015: $1,743,949Liabilities 2015: $247,076Net Assets 2015: $1,496,8732015Assets 2016: $1,912,901Liabilities 2016: $302,111Net Assets 2016: $1,610,7902016Assets 2017: $2,054,766Liabilities 2017: $306,654Net Assets 2017: $1,748,1122017Assets 2018: $2,282,264Liabilities 2018: $395,774Net Assets 2018: $1,886,4902018Assets 2019: $2,962,593Liabilities 2019: $762,700Net Assets 2019: $2,199,8932019Assets 2020: $3,012,042Liabilities 2020: $758,632Net Assets 2020: $2,253,4102020Assets 2021: $3,425,063Liabilities 2021: $416,828Net Assets 2021: $3,008,2352021Assets 2022: $3,536,210Liabilities 2022: $205,059Net Assets 2022: $3,331,1512022Assets 2023: $5,677,812Liabilities 2023: $1,306,418Net Assets 2023: $4,371,3942023Assets 2024: $6,486,530Liabilities 2024: $961,128Net Assets 2024: $5,525,4022024

Highlighted filing

2016

Assets$1,912,901
Liabilities$302,111
Net Assets$1,610,790

Operations Trend

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

$6.0M$4.0M$2.0M$0Expenses 2010: $2,756,8732010Expenses 2011: $2,703,2692011Expenses 2012: $2,588,7792012Revenue 2013: $2,526,286Expenses 2013: $2,501,057Net Income 2013: $25,2292013Revenue 2014: $2,589,803Expenses 2014: $2,420,554Net Income 2014: $169,2492014Revenue 2015: $2,713,908Expenses 2015: $2,445,622Net Income 2015: $268,2862015Revenue 2016: $2,970,770Expenses 2016: $2,807,260Net Income 2016: $163,5102016Revenue 2017: $2,841,447Expenses 2017: $2,736,917Net Income 2017: $104,5302017Revenue 2018: $3,186,886Expenses 2018: $3,075,211Net Income 2018: $111,6752018Revenue 2019: $3,996,751Expenses 2019: $3,707,341Net Income 2019: $289,4102019Revenue 2020: $3,713,361Expenses 2020: $3,608,448Net Income 2020: $104,9132020Revenue 2021: $3,773,915Expenses 2021: $3,353,774Net Income 2021: $420,1412021Revenue 2022: $4,343,218Expenses 2022: $3,772,066Net Income 2022: $571,1522022Revenue 2023: $5,400,432Expenses 2023: $4,482,521Net Income 2023: $917,9112023Revenue 2024: $5,256,991Expenses 2024: $4,275,247Net Income 2024: $981,7442024

Highlighted filing

2016

Revenue$2,970,770
Expenses$2,807,260
Net Income$163,510
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 14, 2017
Return Version
2015v3.0
Gross Receipts
$4,060,884
Mission and Program Overview

Mission

Health quarters is committed to providing sexual and reproductive healthcare without judgment or barriers.

Family planning reproductive healthcare

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$921,887$908,846▼ $13,041
Accounts Receivable$294,813$655,343▲ $360,530
Cash and Non-Interest-Bearing Accounts$467,359$272,619▼ $194,740
Prepaid Expenses and Deferred Charges$28,498$51,061▲ $22,563
Land, Buildings, and Equipment, Net$12,775$4,015▼ $8,760
Total Assets$1,743,949$1,912,901▲ $168,952
Other Assets Total$18,617$21,017▲ $2,400
Liabilities
Accounts Payable and Accrued Expenses$247,076$302,111▲ $55,035
Total Liabilities$247,076$302,111▲ $55,035
Net Assets / Fund Balance
Unrestricted Net Assets$1,496,873$1,610,790▲ $113,917
Total Net Assets Fund Balance$1,496,873$1,610,790▲ $113,917
Total Liabilities and Net Assets / Fund Balance$1,743,949$1,912,901▲ $168,952

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$684$4,443-
Equipment$3,331$19,874-

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$921,887-▼ $13,041-$908,846
2014$904,610-▲ $17,277-$921,887
2013$817,419-▲ $87,191-$904,610
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gabrielle RossExecutive DirectorFT$150,847$9,919$160,766

Board Members and Trustees

NameTitle
Carolyn P BrittonPresident
Kathy RosenfieldVice President
Jan PelligriniDirector
Kathleen FordDirector
Linda BrittDirector
Nancy ShermanDirector
Patricia Fae HoDirector
Marilyn SantagatiSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Lowell Community Health CenterHealth Services161 JACKSON STREET, Lowell, MA 01852$270,570
Revenue and Support

Revenue Composition

Contributions and Grants
$1,439,873
Program Service Revenue
$1,477,685
Investment Income
$42,436
Other Revenue
$10,776
All Other Contributions
$27,873
Change in Net Assets
$163,510

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,964,931
Revenue Not Reported on Financial Statements
$5,839
Revenue Not Reported on Form 990
$-33,820
Total Revenue per Audited Statements
$2,931,111
Total Revenue per Form 990
$2,970,770
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,130,880
Other Expenses$1,074,112
Grants and Similar Amounts Paid$602,268
Total Fundraising Expense$11,757
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$778,428$33,851-$812,279
Grants to Domestic Orgs$602,268--$602,268
Fees for Services Accounting$65,642$220,681-$286,323
Occupancy$143,334$81,004-$224,338
Current Officers, Directors, Trustees, and Key Employees-$167,066-$167,066
Payroll Taxes$70,436$21,987-$92,423
Fees for Services Other$68,914$1,897$10,826$81,637
Other Employee Benefits$30,850$12,959-$43,809
Other Expenses$41,845$500-$41,845
Office Expenses$2,994$27,133$121$30,248
Fees for Services Management-$18,129-$18,129
Information Technology-$15,416$810$16,226
Pension Plan Contributions$15,303--$15,303
All Other Expenses$13,785--$13,785
Conferences and Meetings$6,431$7,201-$13,632
Depreciation Depletion-$8,760-$8,760
Travel$6,406--$6,406
Fees for Service Investment Mgmnt Fees-$5,839-$5,839
Fees for Services Legal-$4,584-$4,584
Total Functional Expenses$2,168,496$627,007$11,757$2,807,260

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,817,194
Total Expenses per Form 990$2,807,260
Expenses per Audited Statements$2,801,421
Expenses Not Reported on Form 990$15,773
Expenses Not Reported on Financial Statements$5,839
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Lowell Community Health CenterLowell, MA-To Provide Comprehensive Family Planning Services on a Region-wide Basis in a Community Based Health Care Organization$364,033
North Shore Community Health IncSalem, MA-To Provide Comprehensive Family Planning Services on a Region-wide Basis in a Community Based Health Care Organization$155,000
Lynn Community Health CenterLynn, MA-To Provide Comprehensive Family Planning Services on a Region-wide Basis in a Community Based Health Care Organization$78,920
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
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
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, Part VI, Section B, Line 11

A copy of the 990 is provided to the finance committee of the board for review. The finance committee will bring it to the full board with a recommendation to accept. The board then votes to accept or decline. This generally occurs at the annual meeting.

Form 990, Part VI, Section B, Line 12C

Employees signed that they have received and read the manual when it is given to them (at the time of hire). Directors and senior staff are asked to sign annually that they are in compliance and complete a related party questionnaire.

Form 990, Part VI, Section B, Line 15

The executive director is evaluated and her salary is reviewed on an annual basis by the board of directors. The board of directors conducts a survey of similar organizations when deliberating and reviewing compensation paid to the executive director. Key employee salaries are reviewed on an annual basis by the employee's supervisor, the department director, and then the executive director.

Form 990, Part VI, Section C, Line 19

The governing documents are available at each of our locations and are also part of the institutional file at dhhs. The conflict of interest policy is published in agency personnel policies and distributed to all employees. The financial statements are made available through state and federal funders, on state website of attorney general and operational services division, and are provided to potential funding sources upon request.

Filing and Contact Details

Filer

Filer Name
Healthquarters Inc
EIN
04-2475363
Phone
9789279827
Address
100 CUMMINGS CENTER NO 220B, BEVERLY, MA 01915

Signing Officer

Name
Gabrielle Ross
Title
Executive Director
Phone
9789279827
Signed
2017-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gabrielle Ross
Formed
1970
Legal Domicile
Ma
Voting Board Members
9
Independent Board Members
8
Employees
27
Volunteers
0

Preparer

Firm
Moody Famiglietti & Andronico Llp
Address
1 HIGHWOOD DRIVE, TEWKSBURY, MA 01876
Preparer
Matthew Kalil CPA
Phone
9785575300
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountants. This process has not changed during the current year.

Financial Statement Notes

PART V, LINE 4:

The investment portfolio consists of unrestricted net assets, which are designated by the board of directors as an endowment to offset future operating deficits or support future program development of the organization.

PART X, LINE 2:

The organization is a nonprofit corporation as described in section 501(c)(3) of the internal revenue code and is exempt from federal and state income taxes on trade or business profits generated by activities related to the organization's exempt function. The organization may be subject to federal and state income taxes for profits generated from trade or business activities unrelated to the organization's exempt function. As of june 30, 2016, management believes that the organization has not generated any unrelated business taxable income. The organization assesses the recording of uncertain tax positions by evaluating the minimum recognition threshold and measurement requirements a tax position must meet before being recognized as a benefit in the financial statements. The organization's policy is to recognize interest and penalties accrued on any uncertain tax positions as a component of income tax expense, if any, in its statements of activities.

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IRS990/MissionDesc0HEALTH QUARTERS IS AN INNOVATIVE LEADER AND PARTNER IN SUPPORTING, PROTECTING AND PROMOTING THE SEXUAL AND REPRODUCTIVE HEALTH AND WELL-BEING OF OUR CLIENTS AND COMMUNITIES. WE PROVIDE INTEGRATED CLINICAL, EDUCATION AND ADVOCACY SERVICES THAT ENCOMPASS THE PHYSICAL, EMOTIONAL, SOCIAL AND CULTURAL ASPECTS OF HEALTH AS WE WORK TO ERADICATE DISPARITIES AND INEQUITIES FOR ALL.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INVESTMENT PORTFOLIO CONSISTS OF UNRESTRICTED NET ASSETS, WHICH ARE DESIGNATED BY THE BOARD OF DIRECTORS AS AN ENDOWMENT TO OFFSET FUTURE OPERATING DEFICITS OR SUPPORT FUTURE PROGRAM DEVELOPMENT OF THE ORGANIZATION.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.49$0.96$5.53$5.26$4.28$0.98
2023Detailed filing. Detailed filing data is available for this year.$5.68$1.31$4.37$5.40$4.48$0.92
2022Detailed filing. Detailed filing data is available for this year.$3.54$0.21$3.33$4.34$3.77$0.57
2021Detailed filing. Detailed filing data is available for this year.$3.43$0.42$3.01$3.77$3.35$0.42
2020Detailed filing. Detailed filing data is available for this year.$3.01$0.76$2.25$3.71$3.61$0.10
2019Detailed filing. Detailed filing data is available for this year.$2.96$0.76$2.20$4.00$3.71$0.29
2018Detailed filing. Detailed filing data is available for this year.$2.28$0.40$1.89$3.19$3.08$0.11
2017Detailed filing. Detailed filing data is available for this year.$2.05$0.31$1.75$2.84$2.74$0.10
2016Detailed filing. Detailed filing data is available for this year.$1.91$0.30$1.61$2.97$2.81$0.16
2015Detailed filing. Detailed filing data is available for this year.$1.74$0.25$1.50$2.71$2.45$0.27
2014Detailed filing. Detailed filing data is available for this year.$1.50$0.25$1.25$2.59$2.42$0.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.31$1.01$2.53$2.50$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.26$0.29$0.97$2.59
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.23$0.97$2.70
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$0.27$0.91$2.76
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • $1M-$5M nonprofits