Civic Intelligence

Park Slope Hematology and Oncology P C

990 • Fiscal year 2013 • EIN 11-3564621

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 15, 2014

506 Sixth StreetSuiteBrooklyn, NY 11215

(212) 297-5962

Siviq Scores

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

Liabilities / Assets

59th percentile

0.26x

Higher debt load relative to assets than 59% of similar nonprofits.

2013 filings • NTEE E • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

29th percentile

0.04x

Higher debt load relative to revenue than 29% of similar nonprofits.

2013 filings • NTEE E • $1M-$5M nonprofits • Source year 2013

Net Margin

23rd percentile

-9.3%

Higher net margin than 23% of similar nonprofits.

2013 filings • NTEE E • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

88th percentile

$840,495

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 78.1% of source-year revenue.

2013 filings • NTEE E • $1M-$5M nonprofits • Source year 2013

Asset Growth

1st percentile

-57%

Faster asset growth than 1% of similar nonprofits.

2013 filings • NTEE E • $1M-$5M 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

Down

$180,158

Down $236,917 (-57%) from 2012

Net Assets

Down

$133,044

Down $99,796 (-43%) from 2012

Liabilities

Down

$47,114

Down $137,121 (-74%) from 2012

Revenue

$1,075,569

No earlier filing loaded for comparison.

Expenses

Down

$1,175,365

Down $933,693 (-44%) from 2012

Net Income

-$99,796

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.

$15M$10M$5.0M$0-$5.0M-$10MAssets 2010: $344,651Liabilities 2010: $168,341Net Assets 2010: $176,3102010Assets 2011: $440,080Liabilities 2011: $334,781Net Assets 2011: $105,2992011Assets 2012: $417,075Liabilities 2012: $184,235Net Assets 2012: $232,8402012Assets 2013: $180,158Liabilities 2013: $47,114Net Assets 2013: $133,0442013Assets 2014: $201,796Liabilities 2014: $146,312Net Assets 2014: $55,4842014Assets 2015: $77,538Liabilities 2015: $634,890Net Assets 2015: -$557,3522015Assets 2016: $683,957Liabilities 2016: $2,141,699Net Assets 2016: -$1,457,7422016Assets 2017: $385,201Liabilities 2017: $5,349,277Net Assets 2017: -$4,964,0762017Assets 2018: $696,473Liabilities 2018: $10,038,150Net Assets 2018: -$9,341,6772018Assets 2019: $202,771Liabilities 2019: $9,882,245Net Assets 2019: -$9,679,4742019Assets 2020: $225,409Liabilities 2020: $9,887,233Net Assets 2020: -$9,661,8242020Assets 2021: $209,731Liabilities 2021: $721,640Net Assets 2021: -$511,9092021Assets 2022: $5,356Liabilities 2022: $0Net Assets 2022: $5,3562022Assets 2023: $517Liabilities 2023: $17Net Assets 2023: $5002023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2013

Assets$180,158
Liabilities$47,114
Net Assets$133,044

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $1,978,8702010Expenses 2011: $2,166,7072011Expenses 2012: $2,109,0582012Revenue 2013: $1,075,569Expenses 2013: $1,175,365Net Income 2013: -$99,7962013Revenue 2014: $629,532Expenses 2014: $707,092Net Income 2014: -$77,5602014Revenue 2015: $961,942Expenses 2015: $1,574,777Net Income 2015: -$612,8352015Revenue 2016: $1,580,827Expenses 2016: $2,481,217Net Income 2016: -$900,3902016Revenue 2017: $2,673,887Expenses 2017: $6,180,221Net Income 2017: -$3,506,3342017Revenue 2018: $3,223,700Expenses 2018: $7,601,301Net Income 2018: -$4,377,6012018Revenue 2019: $734,982Expenses 2019: $1,072,779Net Income 2019: -$337,7972019Revenue 2020: $72,600Expenses 2020: $54,950Net Income 2020: $17,6502020Revenue 2021: $0Expenses 2021: $4,225Net Income 2021: -$4,2252021Revenue 2022: $65,837Expenses 2022: $65,837Net Income 2022: $02022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024

Highlighted filing

2013

Revenue$1,075,569
Expenses$1,175,365
Net Income-$99,796
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 15, 2014
Return Version
2013v3.1
Gross Receipts
$1,075,569
Mission and Program Overview

Mission

To provide excellent hematology and oncology health care services to patients without regard to age, sex, race, creed, national origin or disability.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$302,858$131,896▼ $170,962
Prepaid Expenses and Deferred Charges$7,822$21,341▲ $13,519
Accounts Receivable$106,153$18,011▼ $88,142
Savings and Temporary Cash Investments$242$242→ $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
Total Assets$417,075$180,158▼ $236,917
Other Assets Total$0$8,668▲ $8,668
Liabilities
Accounts Payable and Accrued Expenses$121,067$37,499▼ $83,568
Other Liabilities$63,168$9,615▼ $53,553
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$184,235$47,114▼ $137,121
Net Assets / Fund Balance
Unrestricted Net Assets$232,840$133,044▼ $99,796
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$232,840$133,044▼ $99,796
Total Liabilities and Net Assets / Fund Balance$417,075$180,158▼ $236,917
Compensation and Service Providers

Board Members and Trustees

NameTitle
Stanley Sherbell MdPredident

Highest Paid Contractors

ContractorServicesLocationCompensation
Dr Alan DosikMedical Services-$289,026
Dr David DosikMedical Service-$289,026
Dr Harvey DosikMedical Service-$124,122
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,075,569
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-99,796
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,073,755
Salaries, Compensation, and Employee Benefits$101,610
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$594,238$76,743-$670,981
Other Expenses$253,050$32,282-$285,332
Occupancy$85,919--$85,919
Other Salaries and Wages-$67,845$0$67,845
Other Employee Benefits$11,261$22,504$0$33,765
Fees for Services Accounting-$18,000-$18,000
Office Expenses-$6,290-$6,290
Total Functional Expenses$951,468$223,897$0$1,175,365
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
Expense Paid by Nymh$4,115
Rent Due to Nymh$4,000
Administration Fee Due to Nymh$1,500
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
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
No

Governance Explanations

Form 990, Part VI, Line 6

Dr. Stanley sherbell is the nominee shareholder

Form 990, Part VI, Line 11B

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

Form 990, Part VI, Line 12C

Park slope hematology & oncology, pc is 100% controlled by new york methodist hospital. It follows new york methodist hospital's conflict of interest policy. New york methodist hospital monitors conflicts of interest through an annual questionnaire to all members of the board of directors, executives and all key employees. The questionnaires are reviewed annually by the chief financial officer,the compliance officer and the chairman of the audit and compliance committee of the board of directors. If there is an actual or perceived conflict of interest, the matter is resolved by either the board of directors or the human resources division, depending on the level of the conflict as determined by the directives of the board committee.

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

EIN
11-3564621
In Care Of
% NEW YORK METHODIST HOSPITAL
Phone
2122975962

Signing Officer

Name
Stanley Sherbell Md
Title
President
Phone
2123714446
Signed
2014-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stanley Sherbell MD
Formed
2000
Legal Domicile
Ny
Voting Board Members
1
Independent Board Members
0
Employees
0
Volunteers
17

Preparer

Preparer
Angelo Pirozzi
Phone
2123714446
Supplemental Narrative

Additional Explanations

Form 990 Part IX Line 11G

Description:billing fees total fees:75174

Form 990 Part IX Line 11G

Description:professional fees total fees:594238

Form 990 Part IX Line 11G

Description:actuarial fees total fees:1569

Raw XML AppendixShowing 400 of 1,427 raw XML fields

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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DR. STANLEY SHERBELL IS THE NOMINEE SHAREHOLDER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF FORM 990 WAS PROVIDED TO THE PRESIDENT, DR. STANLEY SHERBELL, AND HAS BEEN APPROVED BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PARK SLOPE HEMATOLOGY & ONCOLOGY, PC IS 100% CONTROLLED BY NEW YORK METHODIST HOSPITAL. IT FOLLOWS NEW YORK METHODIST HOSPITAL'S CONFLICT OF INTEREST POLICY. NEW YORK METHODIST HOSPITAL MONITORS CONFLICTS OF INTEREST THROUGH AN ANNUAL QUESTIONNAIRE TO ALL MEMBERS OF THE BOARD OF DIRECTORS, EXECUTIVES AND ALL KEY EMPLOYEES. THE QUESTIONNAIRES ARE REVIEWED ANNUALLY BY THE CHIEF FINANCIAL OFFICER,THE COMPLIANCE OFFICER AND THE CHAIRMAN OF THE AUDIT AND COMPLIANCE COMMITTEE OF THE BOARD OF DIRECTORS. IF THERE IS AN ACTUAL OR PERCEIVED CONFLICT OF INTEREST, THE MATTER IS RESOLVED BY EITHER THE BOARD OF DIRECTORS OR THE HUMAN RESOURCES DIVISION, DEPENDING ON THE LEVEL OF THE CONFLICT AS DETERMINED BY THE DIRECTIVES OF THE BOARD COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST, THE ORGANIZATION WILL MAKE AVAILABLE ONLY THOSE DOCUMENTS REQUIRED TO BE DISCLOSED UNDER THE PUBLIC INSPECTION LAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION:BILLING FEES TOTAL FEES:75174
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION:PROFESSIONAL FEES TOTAL FEES:594238
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DESCRIPTION:ACTUARIAL FEES TOTAL FEES:1569
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, LINE 6
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990 PART IX LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990 PART IX LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990 PART IX LINE 11G
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine117NYACK HOSPITAL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine118TBH FUNDATION
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.07$0.07$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.21$0.72$0.51$0.00$0.00$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.23$9.89$9.66$0.07$0.05$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.20$9.88$9.68$0.73$1.07$0.34
2018Detailed filing. Detailed filing data is available for this year.$0.70$10.0$9.34$3.22$7.60$4.38
2017Detailed filing. Detailed filing data is available for this year.$0.39$5.35$4.96$2.67$6.18$3.51
2016Detailed filing. Detailed filing data is available for this year.$0.68$2.14$1.46$1.58$2.48$0.90
2015Detailed filing. Detailed filing data is available for this year.$0.08$0.63$0.56$0.96$1.57$0.61
2014Detailed filing. Detailed filing data is available for this year.$0.20$0.15$0.06$0.63$0.71$0.08
2013Detailed filing. Detailed filing data is available for this year.$0.18$0.05$0.13$1.08$1.18$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.18$0.23$2.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.33$0.11$2.17
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.17$0.18$1.98