Civic Intelligence

Veritas Therapeutic Community Inc

990EZ • Fiscal year 2014 • EIN 13-2759323

Jul 01, 2013 to Jun 30, 2014 • Filed on Apr 30, 2015

55 West 125th StreetSuite 10FL10027

(212) 865-9182

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2014

Liabilities / Revenue

53rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

1st percentile

-3713%

Higher net margin than 1% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

1st percentile

-97%

Faster revenue growth than 1% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2014

Assets

Down

$0

Down $2,540,735 (-100%) from 2013

Net Assets

Down

$0

Down $510,560 (-100%) from 2013

Liabilities

Down

$0

Down $2,030,175 (-100%) from 2013

Revenue

Down

$121

Down $4,758,123 (-100%) from 2013

Expenses

Down

$4,614

Down $4,869,964 (-100%) from 2013

Net Income

Up

-$4,493

Up $111,841 (+96%) from 2013

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 2010: $3,241,083Liabilities 2010: $1,870,253Net Assets 2010: $1,370,8302010Assets 2011: $3,210,049Liabilities 2011: $1,969,094Net Assets 2011: $1,240,9552011Assets 2012: $2,532,639Liabilities 2012: $1,905,745Net Assets 2012: $626,8942012Assets 2013: $2,540,735Liabilities 2013: $2,030,175Net Assets 2013: $510,5602013Assets 2014: $0Liabilities 2014: $0Net Assets 2014: $02014

Highlighted filing

2014

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $8,168,3902010Revenue 2011: $7,234,158Expenses 2011: $7,364,033Net Income 2011: -$129,8752011Expenses 2012: $6,101,0862012Revenue 2013: $4,758,244Expenses 2013: $4,874,578Net Income 2013: -$116,3342013Revenue 2014: $121Expenses 2014: $4,614Net Income 2014: -$4,4932014

Highlighted filing

2014

Revenue$121
Expenses$4,614
Net Income-$4,493
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Apr 30, 2015
Return Version
2013v4.0
Gross Receipts
$121
Mission and Program Overview

Mission

A) to establish, operate and maintain a residential facility for the rehabilitation of substance users and addicts. B) to promote the interest of general public and in particular the residents of new york county in the subject of drug abuse.

Program Services

DescriptionGrantsExpenses
N/A--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SUSAN MESCHERChair-$0--
ALFONSO L CARNEYVice-Chair-$0--
COLLEEN TAYLORTreasurer-$0--
LAURIE HAINESSecretary-$0--
KESTER HECTORBoard Member-$0--
ARTHUR LASKYBoard Member-$0--
MONIQUE D JEFFERSONBoard Member-$0--
ARNOLD PEDOWITZBoard Member-$0--
THOMAS J RONDINAROExecutive DirectorFT$0--
Filing and Contact Details

Filer

EIN
13-2759323
In Care Of
% JOHN IAMMATTEO
Phone
2128659182

Signing Officer

Name
John Iammatteo
Title
CFO
Phone
2128659182
Signed
2015-04-30
Discuss with paid preparer
Yes

Preparer

Preparer
Joseph Perez
Phone
2128659182
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 1

The organization provided treatment services to individuals with life- threatening addictions, and other specialized services to pregnant women and mothers with infants and toddlers. The organization also supported families and children of substance abusers in order to strengthen the family system and break the cycle of addiction. Provision is made for continuum of care for individuals in recovery.

Form 990EZ Part I Line 8

Description:MISCELLANEOUS REVENUE Amount:121

Form 990EZ Part I Line 16

Description:FOOD Amount:832

Form 990EZ Part I Line 16

Description:DUES AND SUBSCRIPTIONS Amount:275

Form 990EZ Part I Line 16

Description:BANK CHARGES Amount:406

Form 990EZ Part I Line 20

Description:NBV OF ASSETS TRANSFERRED IN MERGER Amount:506067

Form 990EZ Part II Line 26

Description:DUE TO GOVERNMENT AGENCY BOY Amount:447387 EOY Amount:

Form 990EZ Part II Line 26

Description:SECURITY DEPOSITS BOY Amount:1760 EOY Amount:

Form 990EZ Part II Line 26

Description:DEFERRED RENT BOY Amount:112101 EOY Amount:

Form 990EZ Part II Line 26

Description:DUE TO FOUNDATION BOY Amount:748265 EOY Amount:

Form 990EZ Part II Line 26

Description:ACCRUED COMPENSATION BOY Amount:129712 EOY Amount:

Raw XML Appendix263 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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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0true
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0414092
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt0-506067
IRS990EZ/OtherEmployeePaidOver100kCnt00
IRS990EZ/OtherExpensesTotalAmt04560
IRS990EZ/OtherRevenueTotalAmt0121
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0A) TO ESTABLISH, OPERATE AND MAINTAIN A RESIDENTIAL FACILITY FOR THE REHABILITATION OF SUBSTANCE USERS AND ADDICTS. B) TO PROMOTE THE INTEREST OF GENERAL PUBLIC AND IN PARTICULAR THE RESIDENTS OF NEW YORK COUNTY IN THE SUBJECT OF DRUG ABUSE.
IRS990EZ/PrintingPublicationsPostageAmt054
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0N/A
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02030175
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt04614
IRS990EZ/TotalRevenueAmt0121
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/WebsiteAddressTxt0WWW.VERITAS-INC.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03110313
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03184918
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt04259565
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt026
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt035
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt018336
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt018397
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt03776988
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0121
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt02317
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt074824
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt04985
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt029
IRS990ScheduleA/OtherIncome170Grp/TotalAmt082276
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99337
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IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt00
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IRS990ScheduleA/TotalSupportAmt015176220
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessorInd0false
IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0true
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1ACCOUNTS RECEIVABLE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc2PREPAID EXPENSE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc3BUILDINGS AND EQUIPMENT
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02014-06-30
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt12014-06-30
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt22014-06-30
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt32014-06-30
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt070613
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt1132460
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt2636
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt36708637
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt1501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt2501(C)(3)
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm0SAMARITAN VILLAGE INC
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm2SAMARITAN VILLAGE INC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm3SAMARITAN VILLAGE INC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine10138-02 QUEENS BOULEVARD
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine11138-02 QUEENS BOULEVARD
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine12138-02 QUEENS BOULEVARD
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine13138-02 QUEENS BOULEVARD
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/City0BRIARWOOD
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/City1BRIARWOOD
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/City3BRIARWOOD
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/State0NY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/State1NY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/State2NY
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IRS990ScheduleN/OwnerOfSuccessorInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PROVIDED TREATMENT SERVICES TO INDIVIDUALS WITH LIFE- THREATENING ADDICTIONS, AND OTHER SPECIALIZED SERVICES TO PREGNANT WOMEN AND MOTHERS WITH INFANTS AND TODDLERS. THE ORGANIZATION ALSO SUPPORTED FAMILIES AND CHILDREN OF SUBSTANCE ABUSERS IN ORDER TO STRENGTHEN THE FAMILY SYSTEM AND BREAK THE CYCLE OF ADDICTION. PROVISION IS MADE FOR CONTINUUM OF CARE FOR INDIVIDUALS IN RECOVERY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description:MISCELLANEOUS REVENUE Amount:121
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description:FOOD Amount:832
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description:DUES AND SUBSCRIPTIONS Amount:275
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description:BANK CHARGES Amount:406
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Description:NBV OF ASSETS TRANSFERRED IN MERGER Amount:506067
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Description:DUE TO GOVERNMENT AGENCY BOY Amount:447387 EOY Amount:
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Description:SECURITY DEPOSITS BOY Amount:1760 EOY Amount:
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Description:DEFERRED RENT BOY Amount:112101 EOY Amount:
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Description:DUE TO FOUNDATION BOY Amount:748265 EOY Amount:
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Description:ACCRUED COMPENSATION BOY Amount:129712 EOY Amount:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 1
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990EZ PART I LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990EZ PART II LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990EZ PART II LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990EZ PART II LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990EZ PART II LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10FORM 990EZ PART II LINE 26
ReturnHeader/BuildTS02016-02-25 16:41:14Z
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ReturnHeader/Filer/USAddress/AddressLine20Suite 10FL
ReturnHeader/Filer/USAddress/City0NEW YORK
ReturnHeader/Filer/USAddress/State0NY
ReturnHeader/Filer/USAddress/ZIPCode010027
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10WithumSmithBrown PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine101 SPRING STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0NEW BRUNSWICK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode008901
ReturnHeader/PreparerPersonGrp/PhoneNum02128659182
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Joseph Perez
ReturnHeader/ReturnTs02015-05-15T12:49:51-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

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