Civic Intelligence

Prospect Park Nursing Home

990 • Fiscal year 2015 • EIN 11-2378194

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 02, 2017

1650 Coney Island AveBrooklyn, NY 11230

(718) 998-0681

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$1,567,377

Down $1,389,098 (-47%) from 2014

Net Assets

Down

$499,963

Down $2,242,300 (-82%) from 2014

Liabilities

Up

$1,067,414

Up $853,202 (+398%) from 2014

Revenue And Expenses

Revenue

Down

$1,244,174

Down $25,154 (-2.0%) from 2014

Expenses

Down

$1,742,090

Down $1,370,754 (-44%) from 2014

Net Income

Up

-$497,916

Up $1,345,600 (+73%) from 2014

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2009: $8,561,763Liabilities 2009: $5,157,411Net Assets 2009: $3,404,3522009Assets 2010: $7,998,622Liabilities 2010: $5,111,466Net Assets 2010: $2,887,1562010Assets 2011: $5,098,246Liabilities 2011: $163,296Net Assets 2011: $4,934,9502011Assets 2012: $5,007,982Liabilities 2012: $114,685Net Assets 2012: $4,893,2972012Assets 2013: $4,953,227Liabilities 2013: $87,004Net Assets 2013: $4,866,2232013Assets 2014: $2,956,475Liabilities 2014: $214,212Net Assets 2014: $2,742,2632014Assets 2015: $2,850,344Liabilities 2015: $591,518Net Assets 2015: $2,258,8262015Assets 2015: $1,567,377Liabilities 2015: $1,067,414Net Assets 2015: $499,9632015Assets 2016: $1,254,786Liabilities 2016: $897,109Net Assets 2016: $357,6772016Assets 2017: $645,883Liabilities 2017: $253,634Net Assets 2017: $392,2492017Assets 2018: $497,216Liabilities 2018: $413,617Net Assets 2018: $83,5992018Assets 2019: $432,038Liabilities 2019: $412,353Net Assets 2019: $19,6852019

Highlighted filing

2015

Assets$1,567,377
Liabilities$1,067,414
Net Assets$499,963

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2009: $887,994Expenses 2009: $1,799,443Net Income 2009: -$911,4492009Revenue 2010: $1,052,755Expenses 2010: $1,569,951Net Income 2010: -$517,1962010Expenses 2011: $1,338,6202011Expenses 2012: $1,389,7622012Revenue 2013: $1,321,034Expenses 2013: $1,348,108Net Income 2013: -$27,0742013Revenue 2014: $1,269,328Expenses 2014: $3,112,844Net Income 2014: -$1,843,5162014Revenue 2015: $1,267,518Expenses 2015: $1,750,955Net Income 2015: -$483,4372015Revenue 2015: $1,244,174Expenses 2015: $1,742,090Net Income 2015: -$497,9162015Revenue 2016: $1,225,139Expenses 2016: $1,589,485Net Income 2016: -$364,3462016Revenue 2017: $1,121,253Expenses 2017: $1,268,132Net Income 2017: -$146,8792017Revenue 2018: $818,950Expenses 2018: $959,897Net Income 2018: -$140,9472018Revenue 2019: $698,914Expenses 2019: $763,454Net Income 2019: -$64,5402019

Highlighted filing

2015

Revenue$1,244,174
Expenses$1,742,090
Net Income-$497,916
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 2, 2017
Return Version
2015v3.0
Gross Receipts
$1,244,174
Mission and Program Overview

Mission

To assist the elderly and infirm in managing their affairs throught life

To assist the elderly and infirm in managing their affairs throughout life and beyond

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,179,733--
Land, Buildings, and Equipment, Net$81,222$67,517▼ $13,705
Accounts Receivable$1,203,758$56,368▼ $1,147,390
Receivables From Officers Etc$229,917$13,431▼ $216,486
Cash and Non-Interest-Bearing Accounts-$5,533-
Loans From Officers Directors$3,465$5,405▲ $1,940
Total Assets$2,956,475$1,567,377▼ $1,389,098
Other Assets Total$261,845$1,424,528▲ $1,162,683
Liabilities
Other Liabilities$91,439$567,879▲ $476,440
Accounts Payable and Accrued Expenses$119,308$494,130▲ $374,822
Total Liabilities$214,212$1,067,414▲ $853,202
Net Assets / Fund Balance
Unrestricted Net Assets$2,742,263$499,963▼ $2,242,300
Total Net Assets Fund Balance$2,742,263$499,963▼ $2,242,300
Total Liabilities and Net Assets / Fund Balance$2,956,475$1,567,377▼ $1,389,098

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$52,589$68,517$121,106
Other Land Buildings$12,528$102,526$115,054
Equipment$2,400$31,604$34,004
Other Assets Org$13,690--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jacob FeldmanFinance AminFT$168,018$11,216$179,234
Jacob FeldmanFinance Aministrator-$168,018$11,216$179,234
Alan ShapiroCOOFT$156,195$12,984$169,179

Board Members and Trustees

NameTitle
Avrum KowalskyBoard Member
Dr Michael KurzmanBoard Member
Marilyn GoldbergBoard Member
Martin EhrenbergBoard Member
Rabbi Abraham KelmanBoard Member
Rabbi Leib KelmanBoard Member
Shirley KurzmanBoard Member
Jack DeutchSecretary
Norman GoldbergTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,242,407
Investment Income
$1,767
Other Revenue
$0
Change in Net Assets
$-497,916
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$907,404
Other Expenses$834,686
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$473,979$28,114-$502,093
Current Officers, Directors, Trustees, and Key Employees-$348,413-$348,413
Fees for Services Legal-$314,396-$314,396
Insurance-$96,664-$96,664
Occupancy-$67,998-$67,998
Payroll Taxes$35,353$21,545-$56,898
Office Expenses-$54,659-$54,659
Depreciation Depletion$19,317$388-$19,705
All Other Expenses$12,496$2,985-$15,481
Other Expenses$12,996$12,505-$12,505
Fees for Services Accounting-$12,328-$12,328
Interest-$8,518-$8,518
Advertising-$296-$296
Total Functional Expenses$760,294$981,796$0$1,742,090
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$229,917$13,431▼ $216,486
Loans from Officers, Directors, Trustees, and Key Employees$3,465$5,405▲ $1,940
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Wards$362,543
Due to 3rd Party$123,074
Burial Funds Payable$48,500
Due to Honda$20,038
Payroll Liabilities$8,130
Due to Nissan$5,594
Due to Chase-
Due to Citibusiness-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
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 2

Rabbi abraham kelman jack feldman board member cfo father-in-law rabbi abraham kelman alan shapiro board member coo family relationship rabbi abraham kelman avrum kowalsky board member board member father-in-law

Form 990, Page 6, Part VI, Line 8A

MEETING NOT DOCUMENTED

Form 990, Page 6, Part VI, Line 8B

MEETING NOT DOCUMENTED

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed by board members

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Prospect Park Nursing Home
EIN
11-2378194
Phone
7189980681
Address
1650 CONEY ISLAND AVE, BROOKLYN, NY 11230
Doing Business As
Integral Guardianship Services

Signing Officer

Name
Jacob Feldman
Title
Finance Aministrator
Phone
7189980681
Signed
2017-08-02

Organization Details

Principal Officer
Alan Shapiro
Formed
1976
Legal Domicile
Ny
Voting Board Members
11
Independent Board Members
9
Employees
16

Preparer

Firm
Seymour J Weinberg CPA
Address
2003 E 21ST ST, BROOKLYN, NY 11229
Preparer
Seymour J Weinberg
Phone
7183391500
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item B

After filing the original return additional information came to light which requires filing an amended return.

Form 990, Page 2, Part III, Line 4D

Depreciation of assets used for exempt purposes

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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0145
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt023
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt019485
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01242407
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01242270
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01320742
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01287290
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01297442
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt06390151
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01767
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt017547
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt03
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0145
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt023
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt019485
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.02000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99700
IRS990ScheduleA/PublicSupportPY509Pct00.97830
IRS990ScheduleA/PublicSupportTotal509Amt06390690
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01242407
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01242270
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01321031
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01287290
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01297692
IRS990ScheduleA/Total509Grp/TotalAmt06390690
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01244174
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01259817
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01321034
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01287435
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01297715
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06410175
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt02400
IRS990ScheduleD/EquipmentGrp/DepreciationAmt031604
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt034004
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt052589
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt068517
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0121106
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01181260
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1212000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt217578
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt313690
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0HELD IN ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1HELD AT SHEPPARD MULLIN
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DUE FROM SARAH SAMET
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3DUE FROM WARDS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4DUE FROM JUDAH SAMET
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5DUE FROM TZVI FELDMAN
IRS990ScheduleD/OtherAssetsOrgGrp/Desc6LOANS & EXCHANGES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc7UNDEPOSITED FUNDS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc8DUE FROM BROOKLYN REHAB
IRS990ScheduleD/OtherAssetsOrgGrp/Desc9PREPAID TAXES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc10OTHE LOANS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt012528
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0102526
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0115054
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0362543
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1123074
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt248500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt320038
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt48130
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt55594
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO WARDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO 3RD PARTY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2BURIAL FUNDS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DUE TO HONDA
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4PAYROLL LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5DUE TO NISSAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6DUE TO CHASE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc7DUE TO CITIBUSINESS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt067517
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01424528
IRS990ScheduleD/TotalLiabilityAmt0567879
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0168018
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1156195
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt011216
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt112984
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JACOB FELDMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1ALAN SHAPIRO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0FINANCE AMINISTRATOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1COO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0179234
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1169179
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt013431
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt15405
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0259382
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt11840
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0ALAN SHAPIRO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1JACK FELDMAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1false
IRS990ScheduleL/TotalBalanceDueAmt018836
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AFTER FILING THE ORIGINAL RETURN ADDITIONAL INFORMATION CAME TO LIGHT WHICH REQUIRES FILING AN AMENDED RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DEPRECIATION OF ASSETS USED FOR EXEMPT PURPOSES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2RABBI ABRAHAM KELMAN JACK FELDMAN BOARD MEMBER CFO FATHER-IN-LAW RABBI ABRAHAM KELMAN ALAN SHAPIRO BOARD MEMBER COO FAMILY RELATIONSHIP RABBI ABRAHAM KELMAN AVRUM KOWALSKY BOARD MEMBER BOARD MEMBER FATHER-IN-LAW
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEETING NOT DOCUMENTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MEETING NOT DOCUMENTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FORM 990 IS REVIEWED BY BOARD MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, ITEM B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false

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