Civic Intelligence

Tbhc Emergency Medicine PC C/O the Brooklyn Hospital Center

990 • Fiscal year 2014 • EIN 11-2833587

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 15, 2015

121 Dekalb AvenueBrooklyn, NY 11201

(718) 250-6755

Siviq Scores

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

Liabilities / Assets

97th percentile

4.86x

Higher debt load relative to assets than 97% of similar nonprofits.

2014 filings • NTEE E • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

87th percentile

1.32x

Higher debt load relative to revenue than 87% of similar nonprofits.

2014 filings • NTEE E • $5M-$10M nonprofits • Source year 2014

Net Margin

90th percentile

40%

Higher net margin than 90% of similar nonprofits.

2014 filings • NTEE E • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

65th percentile

$477,946

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 9.4% of source-year revenue.

2014 filings • NTEE E • $5M-$10M nonprofits • Source year 2014

Asset Growth

82nd percentile

31%

Faster asset growth than 82% of similar nonprofits.

2014 filings • NTEE E • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

90th percentile

48%

Faster revenue growth than 90% of similar nonprofits.

2014 filings • NTEE E • $5M-$10M nonprofits • Annualized from 2013 to 2014

Assets

Up

$1,379,290

Up $327,179 (+31%) from 2013

Net Assets

Up

-$5,326,447

Up $2,045,794 (+28%) from 2013

Liabilities

Down

$6,705,737

Down $1,718,615 (-20%) from 2013

Revenue

Up

$5,084,814

Up $1,644,371 (+48%) from 2013

Expenses

Down

$3,039,020

Down $724,147 (-19%) from 2013

Net Income

Up

$2,045,794

Up $2,368,518 (+734%) from 2013

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0M-$10MAssets 2013: $1,052,111Liabilities 2013: $8,424,352Net Assets 2013: -$7,372,2412013Assets 2014: $1,379,290Liabilities 2014: $6,705,737Net Assets 2014: -$5,326,4472014Assets 2015: $1,297,791Liabilities 2015: $5,590,357Net Assets 2015: -$4,292,5662015Assets 2016: $1,153,900Liabilities 2016: $3,422,751Net Assets 2016: -$2,268,8512016Assets 2017: $746,070Liabilities 2017: $987,183Net Assets 2017: -$241,1132017Assets 2018: $2,395,446Liabilities 2018: $0Net Assets 2018: $2,395,4462018Assets 2019: $4,481,023Liabilities 2019: $0Net Assets 2019: $4,481,0232019Assets 2020: $2,081,346Liabilities 2020: $0Net Assets 2020: $2,081,3462020Assets 2021: $1,097,509Liabilities 2021: $0Net Assets 2021: $1,097,5092021Assets 2022: $1,208,313Liabilities 2022: $0Net Assets 2022: $1,208,3132022Assets 2023: $1,038,889Liabilities 2023: $0Net Assets 2023: $1,038,8892023Assets 2024: $905,236Liabilities 2024: $0Net Assets 2024: $905,2362024

Highlighted filing

2014

Assets$1,379,290
Liabilities$6,705,737
Net Assets-$5,326,447

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2013: $3,440,443Expenses 2013: $3,763,167Net Income 2013: -$322,7242013Revenue 2014: $5,084,814Expenses 2014: $3,039,020Net Income 2014: $2,045,7942014Revenue 2015: $3,815,426Expenses 2015: $2,781,545Net Income 2015: $1,033,8812015Revenue 2016: $4,028,412Expenses 2016: $2,004,697Net Income 2016: $2,023,7152016Revenue 2017: $4,331,853Expenses 2017: $2,304,115Net Income 2017: $2,027,7382017Revenue 2018: $4,588,780Expenses 2018: $1,952,221Net Income 2018: $2,636,5592018Revenue 2019: $3,756,918Expenses 2019: $1,671,341Net Income 2019: $2,085,5772019Revenue 2020: $2,730,285Expenses 2020: $5,129,962Net Income 2020: -$2,399,6772020Revenue 2021: $483,901Expenses 2021: $1,467,738Net Income 2021: -$983,8372021Revenue 2022: $335,665Expenses 2022: $224,861Net Income 2022: $110,8042022Revenue 2023: $92,220Expenses 2023: $261,644Net Income 2023: -$169,4242023Revenue 2024: $84,390Expenses 2024: $218,043Net Income 2024: -$133,6532024

Highlighted filing

2014

Revenue$5,084,814
Expenses$3,039,020
Net Income$2,045,794
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 15, 2015
Return Version
2014v5.0
Gross Receipts
$5,084,814
Mission and Program Overview

Mission

The mission of tbhc emergency medicine, pc ("the organization") is to provide high quality health care to members of the community and to support the charitable purposes and mission of the brooklyn hospital center. The organization shall provide exemplary health care servicesto indigent patients and patients who are medicare and medicaid beneficiaries in a non-discriminatory manner and without regard to their ability to pay.

To provide high quality health care to members of the community to support the charitable purposes and mission of the brooklyn hospital.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$965,451$1,367,241▲ $401,790
Cash and Non-Interest-Bearing Accounts$86,660$12,049▼ $74,611
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$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
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,052,111$1,379,290▲ $327,179
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$8,424,352$6,705,737▼ $1,718,615
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$8,424,352$6,705,737▼ $1,718,615
Net Assets / Fund Balance
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$-7,372,241$-5,326,447▲ $2,045,794
Total Net Assets Fund Balance$-7,372,241$-5,326,447▲ $2,045,794
Total Liabilities and Net Assets / Fund Balance$1,052,111$1,379,290▲ $327,179
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michael HochbergPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,084,814
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$2,045,794
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,018,334
Other Expenses$1,020,686
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,034,378$227,058-$1,261,436
Current Officers, Directors, Trustees, and Key Employees$391,916$86,030$0$477,946
Insurance$305,900--$305,900
Fees for Services Legal-$225,331-$225,331
Payroll Taxes$116,966$25,676-$142,642
Other Employee Benefits$111,774$24,536-$136,310
Other Expenses$4,723$1,037-$5,760
Total Functional Expenses$2,403,589$635,431$0$3,039,020
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
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 Related Organizations$6,705,737
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6

During 2014 michael hochberg was the nominee shareholder. The current nominee shareholder is sylvie desouza, md.

Form 990, Part VI, Line 7A

The nominee shareholder and President of the Organization is appointed by The Brooklyn Hospital Center, a related organization, and also acts as the sole director.

Form 990, Part VI, Line 7B

The brooklyn hospital center must approve in advance any amendment to the bylaws of the organization.

Form 990, Part VI, Line 11B

A copy of form 990 was provided to the president, dr. Sylvie desouza and has been approved before it was filed.

Form 990, Part VI, Line 12C

The organization is controlled by the brooklyn hospital center ("tbhc") and it follows tbhc's conflict of interest policy. Tbhc monitors and enforces its policy as follows: the vp of audit and compliance reviews all statements. All positive responses are reviewed with the ceo and general counsel. All material responses are reported to the audit and compliance committee of the board, along with recommended actions. If a conflict arises then the vp of audit and compliance gathers additional information from the reporter as necessary. Positive responses are reviewed by the vp of audit and compliance, ceo, and counsel, and this group determines which if any responses represent a conflict. The ceo will then take such action as is deemed appropriate to eliminate the conflict of interest, including such steps as reassignment of responsibilities or establishment of protective arrangements. If the matter involves a board member or officer, appropriate action will be determined by the board.

Form 990, Part VI, Line 19

Upon request, the organization will make available only those documents required to be disclosed under the public inspection laws.

Filing and Contact Details

Filer

Filer Name
TBHC Emergency Medicine PC
EIN
11-2833587
In Care Of
% THE BROOKLYN HOSPITAL CENTER
Phone
7182506755
Address
121 Dekalb Avenue, Brooklyn, NY 11201

Signing Officer

Name
Sylvie Desouza Md
Title
President
Phone
7182506755
Signed
2015-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sylvie DeSouza MD
Formed
1986
Legal Domicile
Ny
Voting Board Members
1
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Charles A Barragato & Co LLP
Address
950 Third Avenue - 20th FL, New York, NY 10022
Preparer
Angelo Pirozzi CPA
Phone
2123714446
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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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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0THE BROOKLYN HOSPITAL CENTER
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Michael Hochberg
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President
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IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL RECEIVED HIS COMPENSATION FROM A RELATED ORGANIZATION, WHICH USED ONE OR MORE OF THE METHODS DESCRIBED TO ESTABLISH THE TOP MANAGEMENT OFFICIAL'S COMPENSATION. SEE SCHEDULE R.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DURING 2014 MICHAEL HOCHBERG WAS THE NOMINEE SHAREHOLDER. THE CURRENT NOMINEE SHAREHOLDER IS SYLVIE DESOUZA, MD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The nominee shareholder and President of the Organization is appointed by The Brooklyn Hospital Center, a related organization, and also acts as the sole director.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BROOKLYN HOSPITAL CENTER MUST APPROVE IN ADVANCE ANY AMENDMENT TO THE BYLAWS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF FORM 990 WAS PROVIDED TO THE PRESIDENT, DR. SYLVIE DESOUZA AND HAS BEEN APPROVED BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION IS CONTROLLED BY THE BROOKLYN HOSPITAL CENTER ("TBHC") AND IT FOLLOWS TBHC'S CONFLICT OF INTEREST POLICY. TBHC MONITORS AND ENFORCES ITS POLICY AS FOLLOWS: THE VP OF AUDIT AND COMPLIANCE REVIEWS ALL STATEMENTS. ALL POSITIVE RESPONSES ARE REVIEWED WITH THE CEO AND GENERAL COUNSEL. ALL MATERIAL RESPONSES ARE REPORTED TO THE AUDIT AND COMPLIANCE COMMITTEE OF THE BOARD, ALONG WITH RECOMMENDED ACTIONS. IF A CONFLICT ARISES THEN THE VP OF AUDIT AND COMPLIANCE GATHERS ADDITIONAL INFORMATION FROM THE REPORTER AS NECESSARY. POSITIVE RESPONSES ARE REVIEWED BY THE VP OF AUDIT AND COMPLIANCE, CEO, AND COUNSEL, AND THIS GROUP DETERMINES WHICH IF ANY RESPONSES REPRESENT A CONFLICT. THE CEO WILL THEN TAKE SUCH ACTION AS IS DEEMED APPROPRIATE TO ELIMINATE THE CONFLICT OF INTEREST, INCLUDING SUCH STEPS AS REASSIGNMENT OF RESPONSIBILITIES OR ESTABLISHMENT OF PROTECTIVE ARRANGEMENTS. IF THE MATTER INVOLVES A BOARD MEMBER OR OFFICER, APPROPRIATE ACTION WILL BE DETERMINED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON REQUEST, THE ORGANIZATION WILL MAKE AVAILABLE ONLY THOSE DOCUMENTS REQUIRED TO BE DISCLOSED UNDER THE PUBLIC INSPECTION LAWS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, LINE 19
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0PARK VENTURES
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt1NY HOSP QUEENS
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt9TBH FOUNDATION
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt10BRKLYN HOSP CTR
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt11BRKLYN HOSP CTR
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0FINANCIAL
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt2MEDICAL SERVI
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt3MEDICAL SERVI

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