Civic Intelligence

New Dynamics Corporation

990 • Fiscal year 2013 • EIN 06-1497119

Jan 01, 2013 to Dec 31, 2013 • Filed on Aug 20, 2014

15 Fortune Road West10941

(845) 692-0022

Siviq Scores

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

Liabilities / Assets

55th percentile

0.25x

Higher debt load relative to assets than 55% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Liabilities / Revenue

44th percentile

0.14x

Higher debt load relative to revenue than 44% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Net Margin

55th percentile

4.6%

Higher net margin than 55% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

59th percentile

5.3%

Faster asset growth than 59% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Up

$2,910,602

Up $147,201 (+5.3%) from 2012

Net Assets

Up

$2,185,631

Up $232,243 (+12%) from 2012

Liabilities

Down

$724,971

Down $85,042 (-10%) from 2012

Revenue

$5,073,722

No earlier filing loaded for comparison.

Expenses

Up

$4,841,479

Up $48,343 (+1.0%) from 2012

Net Income

$232,243

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $2,410,988Liabilities 2011: $653,754Net Assets 2011: $1,757,2342011Assets 2012: $2,763,401Liabilities 2012: $810,013Net Assets 2012: $1,953,3882012Assets 2013: $2,910,602Liabilities 2013: $724,971Net Assets 2013: $2,185,6312013Assets 2014: $3,033,227Liabilities 2014: $741,022Net Assets 2014: $2,292,2052014Assets 2015: $0Liabilities 2015: $0Net Assets 2015: $02015

Highlighted filing

2013

Assets$2,910,602
Liabilities$724,971
Net Assets$2,185,631

Operations Trend

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

$6.0M$4.0M$2.0M$0Expenses 2011: $2,384,5522011Expenses 2012: $4,793,1362012Revenue 2013: $5,073,722Expenses 2013: $4,841,479Net Income 2013: $232,2432013Revenue 2014: $5,029,678Expenses 2014: $4,923,104Net Income 2014: $106,5742014Revenue 2015: $0Expenses 2015: $0Net Income 2015: $02015

Highlighted filing

2013

Revenue$5,073,722
Expenses$4,841,479
Net Income$232,243
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Aug 20, 2014
Return Version
2013v3.0
Gross Receipts
$7,924,796
Mission and Program Overview

Mission

New dynamics provides employment opportunities to persons with emotional, developmental and/or physical disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$1,627,336$1,739,220▲ $111,884
Inventories for Sale or Use$542,702$476,931▼ $65,771
Cash and Non-Interest-Bearing Accounts$303,272$429,218▲ $125,946
Land, Buildings, and Equipment, Net$138,976$124,600▼ $14,376
Savings and Temporary Cash Investments$48,565$98,689▲ $50,124
Prepaid Expenses and Deferred Charges$47,518$41,944▼ $5,574
Total Assets$2,763,401$2,910,602▲ $147,201
Other Assets Total$55,032$0▼ $55,032
Liabilities
Other Liabilities$409,524$456,811▲ $47,287
Accounts Payable and Accrued Expenses$400,489$268,160▼ $132,329
Total Liabilities$810,013$724,971▼ $85,042
Net Assets / Fund Balance
Unrestricted Net Assets$1,953,388$2,185,631▲ $232,243
Total Net Assets Fund Balance$1,953,388$2,185,631▲ $232,243
Total Liabilities and Net Assets / Fund Balance$2,763,401$2,910,602▲ $147,201

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$101,284$354,077$455,361
Other Land Buildings$23,316$8,490$31,806
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
James B DestefanoPresidentPT$131,217$32,742$163,959
Walter PawlowskiVP of Business DevelopmentPT$110,632$45,050$155,682
Amy Anderson-winchellChief Executive OfficerPT$76,128$35,230$111,358
Marylou BerardinoDirector of OperationsPT$56,078$22,782$78,860
Ronald ColavitoVP of Industrial OperationPT$38,751$10,453$49,204
Maude a RosadoChief Financial OfficerPT$25,736$8,813$34,549
Lori LentiniVP of Quality AssurancePT$22,872$9,348$32,220

Board Members and Trustees

NameTitle
Todd a KelsonChairperson
Cheryl SanzaCommittee Chair, Consumers
Daniel B HulseCommittee Chair, Industial
LIZ O'HALLORANCommittee Chair, Program/personnel
Fred S Levinson Ended 52913Past Chair
Camille BalsamelloTreasurer and Finance Committee Chair
Thomas J BuchananVice Chairperson
Charles FaroDirector
Edward F LekisDirector
Gregory DowlingDirector
Jason GiordanoDirector
Jerome Picard Ended 5113Director
Jim LoughranDirector
John GuatteryDirector
John Jay AnthonyDirector
Jonathan GatsikDirector
Linda HicksDirector
Marcia JacobowitzDirector
Melissa MassimiDirector
Norman IsaacsonDirector
Ralph MartucciDirector
Richard E SmithDirector
Vincent DeluciaDirector
Helen HawkesSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Occupations INCManagement-$554,904
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$23,391
Investment Income
$1,150
Other Revenue
$5,049,181
Change in Net Assets
$232,243

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,073,722
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$3,061,012
Total Revenue per Audited Statements
$8,134,734
Total Revenue per Form 990
$5,073,722
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,788,270
Salaries, Compensation, and Employee Benefits$1,948,271
Grants and Similar Amounts Paid$104,938
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,528,749$5,181-$1,533,930
Other Salaries and Wages$1,171,029--$1,171,029
Fees for Services Management-$497,030-$497,030
Occupancy$317,727--$317,727
Current Officers, Directors, Trustees, and Key Employees-$309,886-$309,886
Other Employee Benefits$302,264--$302,264
Travel$195,049--$195,049
Office Expenses$170,975$4,437-$175,412
Payroll Taxes$132,199$27,320-$159,519
Grants to Domestic Orgs$104,938--$104,938
Depreciation Depletion$21,834$1,731-$23,565
Information Technology$15,064$4,375-$19,439
Insurance$11,796--$11,796
Fees for Services Accounting$520$9,177-$9,697
Pension Plan Contributions$5,573--$5,573
Advertising$4,491--$4,491
Interest$134--$134
Total Functional Expenses$3,982,342$859,137$0$4,841,479

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,902,491
Expenses per Audited Statements$4,841,479
Total Expenses per Form 990$4,841,479
Expenses Not Reported on Form 990$3,061,012
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
13-3751820-501(c)3To Support Operations of the Organization$100,000
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Occupations, Inc.$456,811
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Occupations, inc. Provides administrative and management services to new dynamics, inc. And charges a management fee for the services provided.

Form 990, Part VI, Section B, Line 11

The 990 was reviewed by executive management prior to submission. A copy of the full 990 was sent to each board member for questions and input and discussed at a board meeting.

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

Annual conflict of interest policies are given out to all board members and officers. They are requested to return it only if they have a conflict to note or if anything has changed since the prior year. The organization will follow up with someone who has had a prior conflict and does not return the form as to whether the conflict still exists or not. Any conflicts must be reported to the board and the individual is recused from the voting process relating to the conflict.

Form 990, Part VI, Section C, Line 19

Documents are made available to the public upon request.

Form 990, Part VI, Line 15

The ceo and officers compensation is paid through a related company, occupations, inc. Determination of the compensation is based on independent comparative analysis of compensation levels for other ceos and officers in organizations of similar size. This is done by an independent compensation consultant through compensation survey and study. The information is then reviewed by a compensation committee and is then approved by the full board of the related entity paying the compensation. This process was last done in 2013.

Filing and Contact Details

Filer

EIN
06-1497119
Phone
8456920022

Signing Officer

Name
Amy Anderson-winchell
Title
Chief Executive Officer
Phone
8456924454
Signed
2014-08-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amy Anderson-winchell
Formed
1997
Legal Domicile
Ny
Voting Board Members
22
Independent Board Members
22
Employees
122
Volunteers
22

Preparer

Preparer
Israel Tannenbaum
Phone
2128674000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Courier services: program service expenses 649. Management and general expenses 0. Fundraising expenses 0. Total expenses 649. Prof/temporary service: program service expenses 98,974. Management and general expenses 4,850. Fundraising expenses 0. Total expenses 103,824. Security & safety expense: program service expenses 2,875. Management and general expenses 331. Fundraising expenses 0. Total expenses 3,206. Staffing fees: program service expenses 1,426,251. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,426,251.

Form 990, Part XII, Line 2C

The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

New dynamics has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements. Periods ending december 31, 2010 and subsequent remain subject to examination by applicable taxing authorities.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Discounts 209,938. Cost of goods sold 2,851,074.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Discounts 209,938. Cost of goods sold 2,851,074.

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IRS990/Form990PartVIISectionAGrp/PersonNm6CHERYL SANZA
IRS990/Form990PartVIISectionAGrp/PersonNm7HELEN HAWKES
IRS990/Form990PartVIISectionAGrp/PersonNm8EDWARD F LEKIS
IRS990/Form990PartVIISectionAGrp/PersonNm9JONATHAN GATSIK
IRS990/Form990PartVIISectionAGrp/PersonNm10JASON GIORDANO
IRS990/Form990PartVIISectionAGrp/PersonNm11NORMAN ISAACSON
IRS990/Form990PartVIISectionAGrp/PersonNm12RALPH MARTUCCI
IRS990/Form990PartVIISectionAGrp/PersonNm13JIM LOUGHRAN
IRS990/Form990PartVIISectionAGrp/PersonNm14MELISSA MASSIMI
IRS990/Form990PartVIISectionAGrp/PersonNm15JEROME PICARD ENDED 5113
IRS990/Form990PartVIISectionAGrp/PersonNm16RICHARD E SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm17GREGORY DOWLING
IRS990/Form990PartVIISectionAGrp/PersonNm18JOHN GUATTERY
IRS990/Form990PartVIISectionAGrp/PersonNm19LINDA HICKS
IRS990/Form990PartVIISectionAGrp/PersonNm20VINCENT DELUCIA
IRS990/Form990PartVIISectionAGrp/PersonNm21CHARLES FARO
IRS990/Form990PartVIISectionAGrp/PersonNm22MARCIA JACOBOWITZ
IRS990/Form990PartVIISectionAGrp/PersonNm23JOHN JAY ANTHONY
IRS990/Form990PartVIISectionAGrp/PersonNm24JAMES B DESTEFANO
IRS990/Form990PartVIISectionAGrp/PersonNm25AMY ANDERSON-WINCHELL
IRS990/Form990PartVIISectionAGrp/PersonNm26MAUDE A ROSADO
IRS990/Form990PartVIISectionAGrp/PersonNm27LORI LENTINI
IRS990/Form990PartVIISectionAGrp/PersonNm28RONALD COLAVITO
IRS990/Form990PartVIISectionAGrp/PersonNm29WALTER PAWLOWSKI
IRS990/Form990PartVIISectionAGrp/PersonNm30MARYLOU BERARDINO
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt3COMMITTEE CHAIR, PROGRAM/PERSONNEL
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER AND FINANCE COMMITTEE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5COMMITTEE CHAIR, INDUSTIAL
IRS990/Form990PartVIISectionAGrp/TitleTxt6COMMITTEE CHAIR, CONSUMERS
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt25CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt26CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt27VP OF QUALITY ASSURANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt28VP OF INDUSTRIAL OPERATION
IRS990/Form990PartVIISectionAGrp/TitleTxt29VP OF BUSINESS DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt30DIRECTOR OF OPERATIONS
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IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0NEW DYNAMICS PROVIDES EMPLOYMENT OPPORTUNITIES TO PERSONS WITH EMOTIONAL, DEVELOPMENTAL AND/OR PHYSICAL DISABILITIES.
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