Civic Intelligence

El Regreso Inc.

990 • Fiscal year 2020 • EIN 06-1179595

Jul 01, 2019 to Jun 30, 2020 • Filed on May 17, 2021

141 South Third StreetBrooklyn, NY 11211

(718) 384-6400

Siviq Scores

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

Liabilities / Assets

84th percentile

0.76x

Higher debt load relative to assets than 84% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

89th percentile

2.47x

Higher debt load relative to revenue than 89% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

16th percentile

-13%

Higher net margin than 16% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

95th percentile

$862,705

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 22.4% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

66th percentile

14%

Faster asset growth than 66% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

62nd percentile

7.6%

Faster revenue growth than 62% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Up

$12,591,307

Up $1,546,803 (+14%) from 2019

Net Assets

Down

$3,076,784

Down $509,007 (-14%) from 2019

Liabilities

Up

$9,514,523

Up $2,055,810 (+28%) from 2019

Revenue

Up

$3,854,775

Up $271,671 (+7.6%) from 2019

Expenses

Up

$4,363,782

Up $147,614 (+3.5%) from 2019

Net Income

Up

-$509,007

Up $124,057 (+20%) from 2019

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $5,517,343Liabilities 2011: $585,759Net Assets 2011: $4,931,5842011Assets 2012: $5,467,510Liabilities 2012: $756,377Net Assets 2012: $4,711,1332012Assets 2013: $5,308,332Liabilities 2013: $598,632Net Assets 2013: $4,709,7002013Assets 2014: $5,660,827Liabilities 2014: $1,072,431Net Assets 2014: $4,588,3962014Assets 2015: $5,272,437Liabilities 2015: $1,053,436Net Assets 2015: $4,219,0012015Assets 2016: $6,838,740Liabilities 2016: $2,147,064Net Assets 2016: $4,691,6762016Assets 2017: $7,085,023Liabilities 2017: $2,608,398Net Assets 2017: $4,476,6252017Assets 2018: $7,294,617Liabilities 2018: $3,075,762Net Assets 2018: $4,218,8552018Assets 2019: $11,044,504Liabilities 2019: $7,458,713Net Assets 2019: $3,585,7912019Assets 2020: $12,591,307Liabilities 2020: $9,514,523Net Assets 2020: $3,076,7842020Assets 2021: $16,686,101Liabilities 2021: $14,155,732Net Assets 2021: $2,530,3692021Assets 2022: $16,166,460Liabilities 2022: $13,833,252Net Assets 2022: $2,333,2082022Assets 2023: $17,211,379Liabilities 2023: $15,316,846Net Assets 2023: $1,894,5332023Assets 2024: $17,751,813Liabilities 2024: $15,821,441Net Assets 2024: $1,930,3722024

Highlighted filing

2020

Assets$12,591,307
Liabilities$9,514,523
Net Assets$3,076,784

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $4,283,032Expenses 2011: $4,311,313Net Income 2011: -$28,2812011Revenue 2012: $3,886,212Expenses 2012: $4,106,664Net Income 2012: -$220,4522012Revenue 2013: $3,710,908Expenses 2013: $3,939,418Net Income 2013: -$228,5102013Revenue 2014: $3,579,980Expenses 2014: $3,801,661Net Income 2014: -$221,6812014Revenue 2015: $3,700,832Expenses 2015: $3,697,409Net Income 2015: $3,4232015Revenue 2016: $4,174,961Expenses 2016: $3,702,286Net Income 2016: $472,6752016Revenue 2017: $3,567,343Expenses 2017: $3,789,082Net Income 2017: -$221,7392017Revenue 2018: $3,864,621Expenses 2018: $4,122,391Net Income 2018: -$257,7702018Revenue 2019: $3,583,104Expenses 2019: $4,216,168Net Income 2019: -$633,0642019Revenue 2020: $3,854,775Expenses 2020: $4,363,782Net Income 2020: -$509,0072020Revenue 2021: $3,596,737Expenses 2021: $4,143,152Net Income 2021: -$546,4152021Revenue 2022: $3,844,349Expenses 2022: $4,041,510Net Income 2022: -$197,1612022Revenue 2023: $4,270,719Expenses 2023: $4,709,394Net Income 2023: -$438,6752023Revenue 2024: $5,199,788Expenses 2024: $5,163,949Net Income 2024: $35,8392024

Highlighted filing

2020

Revenue$3,854,775
Expenses$4,363,782
Net Income-$509,007
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 17, 2021
Return Version
2019v5.1
Gross Receipts
$3,854,775
Mission and Program Overview

Mission

Acacia network - el regreso is a residential facility that provides treatment for substance abuse and opioid dependence. Acacia network - el regreso is located in brooklyn, new york.

residential care and outpatient treatment services for substance use disorders, education/vocational, medical, legal, recreational and cultural activities for participants.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,898,392$9,416,096▲ $3,517,704
Savings and Temporary Cash Investments$4,609,610$2,460,029▼ $2,149,581
Cash and Non-Interest-Bearing Accounts$349,790$487,076▲ $137,286
Accounts Receivable$84,876$114,773▲ $29,897
Pledges and Grants Receivable$55,912$47,949▼ $7,963
Prepaid Expenses and Deferred Charges$38,436$34,649▼ $3,787
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$11,044,504$12,591,307▲ $1,546,803
Other Assets Total$7,488$30,735▲ $23,247
Liabilities
Deferred Revenue$6,452,592$7,659,080▲ $1,206,488
Other Liabilities$749,624$1,266,923▲ $517,299
Accounts Payable and Accrued Expenses$256,497$588,520▲ $332,023
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$7,458,713$9,514,523▲ $2,055,810
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,585,791$3,076,784▼ $509,007
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$3,585,791$3,076,784▼ $509,007
Total Liabilities and Net Assets / Fund Balance$11,044,504$12,591,307▲ $1,546,803

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,938,763$2,743,993$5,682,756
Other Land Buildings$5,552,606-$5,552,606
Leasehold Improvements$626,275$831,786$1,458,061
Land$253,894-$253,894
Equipment$44,558$3,686$48,244
Compensation and Service Providers

Employees

NameTitleOtherTotal
Honorable Hector DiazPresident$62,499$62,499

Board Members and Trustees

NameTitle
Iris W RamirezChair
Raul RussiChief Executive Officer
Milton a DerienzoChief Financial Officer
Lymaris AlborsChief of Staff/COO
Jose R RodriguezCLO
David CollymoreCMO
Cynthia Isales EsqMember
Joel Socarras-rosa PhdMember
Dennis SepulvedaSecretary
Vicky GatellSVP
Yaberci Perez-cubillanSVP
Maria Del Carmen ArroyoSVP of Operations
Frank QuilesTreasurer
Steve KadinVP of Finance

Highest Paid Contractors

ContractorServicesLocationCompensation
Curtis Ginsburg LLPArchitect55 BROAD STREET 8TH FLOOR, New York, NY 10004$126,458
Ingram Yuzek Gainen Carroll BertoAttorney150 EAST 42ND STREET, New York, NY 10017$120,434
Revenue and Support

Revenue Composition

Contributions and Grants
$2,510,893
Program Service Revenue
$1,341,099
Investment Income
$0
Other Revenue
$2,783
Change in Net Assets
$-509,007

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,854,775
Total Revenue per Audited Statements
$3,854,775
Total Revenue per Form 990
$3,854,775
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,185,293
Other Expenses$2,178,489
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,631,328$98,344-$1,729,672
Office Expenses$834,543$49,952-$884,495
Fees for Services Other$260,501$136,821-$397,322
Occupancy$271,948$1,641-$273,589
Depreciation Depletion$220,940--$220,940
Other Employee Benefits$181,428$17,805-$199,233
Information Technology$194,805--$194,805
Payroll Taxes$120,792$12,784-$133,576
Pension Plan Contributions$111,027$11,785-$122,812
Insurance$66,165$6,215-$72,380
Travel$68,064$495-$68,559
Fees for Services Accounting-$40,054-$40,054
Fees for Services Legal-$17,850-$17,850
Fees for Services Lobbying-$3,268-$3,268
Advertising-$2,636-$2,636
Conferences and Meetings$30$2,561-$2,591
Total Functional Expenses$3,961,571$402,211$0$4,363,782

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,363,782
Total Expenses per Audited Statements$4,363,782
Total Expenses per Form 990$4,363,782
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Afiliates$1,117,188
Escrow Funds$149,735
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 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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11

The organization utilizes the expertise of a certified public accountant to prepare and review the form 990.

Form 990, Part VI, Line 19

This information is available upon request

Form 990, Part VI Line 12

Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such a person: has received a copy of the conflict of interest policy. Has read and understands the policy. Has agreed to comply with the policy.

Form 990, Part VI, Line 7B

The finance committee of the board meets with management and the independent auditor to go over the form 990. The draft form 990 is made avaialble to the board for comments.

Form 990, Part VI, Section B, Line 15

Pursuant to the organization's bylaws, the organization delegates to its parent entity the hiring of the ceo and president. The compensation of the executives is approved by the parent entity, who hires a consultant to conduct a study. A standing compensation committee of the parent entity reviews compensation study and votes on how to proceed.

Filing and Contact Details

Filer

Filer Name
El Regreso Inc
EIN
06-1179595
In Care Of
% VICKY GATELL
Phone
7183846400
Address
141 South Third Street, Brooklyn, NY 11211

Signing Officer

Name
Raul Russi
Title
CEO
Phone
3476493083
Signed
2021-05-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Raul Russi
Formed
1986
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
44
Volunteers
5

Preparer

Firm
WithumSmithBrown PC
Address
ONE TOWER CENTER BLVD 14TH FL, EAST BRUNSWICK, NJ 08816
Preparer
Joseph Perez
Phone
7328281614
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A

Inpatient: Residential treatment programs are those that offer housing and meals in addition to substance abuse treatment. Rehab facilities that offer residential treatment allow patients to focus solely on recovery, in an environment totally separate from their lives. Some rehab centers specialize in short-term residential treatment (a few days to a week or two), while others solely provide treatment on a long-term basis (several weeks to months). Some offer both, and tailor treatment to the patient's individual requirements. Outpatient: Outpatient Programs (OP) are for those seeking mental rehab or drug rehab, but who also stay at home every night. The main difference between outpatient treatment (OP) and intensive outpatient treatment (IOP) lies in the amount of hours the patient spends at the facility. Most of the time an outpatient program is designed for someone who has completed an inpatient stay and is looking to continue their growth in recovery. Outpatient is not meant to be the starting point, it is commonly referred to as aftercare. Individualized Treatment: Certain drug and alcohol rehabs have standard treatment regimes they expect all patients to follow. Others offer individualized treatment, meaning they tailor treatment to a person's specific background and needs. For example, a rehab facility may adjust a treatment program to take into account the type of drug or addiction from which the person suffers, their age, medical condition(s), religious beliefs, or lifestyle. Aftercare Support: Completing a drug or alcohol rehab program shouldn't spell the end of substance abuse treatment. Aftercare involves making a sustainable plan for recovery, including ongoing support. This can include sober living arrangements like halfway houses, career counseling, and setting a patient up with community programs like Alcoholics Anonymous (AA) or Narcotics Anonymous (NA).

Financial Statement Notes

Form 990, Schedule D, Part X, Line 2

The Organization is exempt from federal and state income taxes under Section 501(c)(3) of the Internal Revenue Code and New York taxation codes. The Organization follows the provision of authoritative guidance that clarifies the accounting for uncertainty in income taxes. Under this guidance, the Organization evaluates tax positions requiring recognition using a more-likely-than-not threshold, and those tax positions requiring recognition are measured at the largest amount of tax benefit that is greater than 50 percent likely of being realized upon ultimate settlement with a taxing authority that has full knowledge of all relevant information. The Organization has evaluated the likelihood of their tax-exempt status being challenged as remote. Accordingly, as of June 30,2020, the Organization has not included any income tax provisions, including interest and penalties, in the financial statements.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHIEF OF STAFF/COO
IRS990/Form990PartVIISectionAGrp/TitleTxt2CLO
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SVP OF OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt5CMO
IRS990/Form990PartVIISectionAGrp/TitleTxt6VP OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt7SVP
IRS990/Form990PartVIISectionAGrp/TitleTxt8SVP
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IRS990/Form990PartVIISectionAGrp/TitleTxt10CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt11TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt12SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt13MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14MEMBER
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IRS990/FormationYr01986
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IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0ACACIA NETWORK - EL REGRESO IS A RESIDENTIAL FACILITY THAT PROVIDES TREATMENT FOR SUBSTANCE ABUSE AND OPIOID DEPENDENCE. ACACIA NETWORK - EL REGRESO IS LOCATED IN BROOKLYN, NEW YORK.
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IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
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IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1507702
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt230140
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IRS990/PYInvestmentIncomeAmt00
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IRS990/PYOtherRevenueAmt05407
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IRS990/PYRevenuesLessExpensesAmt0-633064
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IRS990/PYTotalExpensesAmt04216168
IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
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IRS990/ReconcilationRevenueExpnssAmt0-509007
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IRS990/RelatedEntityInd0true

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.$17.8$15.8$1.93$5.20$5.16$0.04
2023Detailed filing. Detailed filing data is available for this year.$17.2$15.3$1.89$4.27$4.71$0.44
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.2$13.8$2.33$3.84$4.04$0.20
2021Detailed filing. Detailed filing data is available for this year.$16.7$14.2$2.53$3.60$4.14$0.55
2020Detailed filing. Detailed filing data is available for this year.$12.6$9.51$3.08$3.85$4.36$0.51
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.0$7.46$3.59$3.58$4.22$0.63
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.29$3.08$4.22$3.86$4.12$0.26
2017Summary only. Only limited summary data is available for this year.$7.09$2.61$4.48$3.57$3.79$0.22
2016Summary only. Only limited summary data is available for this year.$6.84$2.15$4.69$4.17$3.70$0.47
2015Summary only. Only limited summary data is available for this year.$5.27$1.05$4.22$3.70$3.70$0.00
2014Summary only. Only limited summary data is available for this year.$5.66$1.07$4.59$3.58$3.80$0.22
2013Summary only. Only limited summary data is available for this year.$5.31$0.60$4.71$3.71$3.94$0.23
2012Summary only. Only limited summary data is available for this year.$5.47$0.76$4.71$3.89$4.11$0.22
2011Summary only. Only limited summary data is available for this year.$5.52$0.59$4.93$4.28$4.31$0.03
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • $10M-$25M nonprofits