Civic Intelligence

Medcofund Inc.

990EZ • Fiscal year 2016 • EIN 13-3143851

Jan 01, 2016 to Dec 31, 2016 • Filed on Feb 22, 2017

Organization ProfileN/A
C/O Nycms 31 West 34 StreetNew York, NY 10001

(212) 684-4670

Siviq Scores

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

Liabilities / Assets

77th percentile

0.17x

Higher debt load relative to assets than 77% of similar nonprofits.

2016 filings • NTEE E • <$500k nonprofits • Source year 2016

Liabilities / Revenue

94th percentile

1.27x

Higher debt load relative to revenue than 94% of similar nonprofits.

2016 filings • NTEE E • <$500k nonprofits • Source year 2016

Net Margin

16th percentile

-27%

Higher net margin than 16% of similar nonprofits.

2016 filings • NTEE E • <$500k nonprofits • Source year 2016

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

2016 filings • NTEE E • <$500k nonprofits • Source year 2016

Asset Growth

64th percentile

9.6%

Faster asset growth than 64% of similar nonprofits.

2016 filings • NTEE E • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

9th percentile

-63%

Faster revenue growth than 9% of similar nonprofits.

2016 filings • NTEE E • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets77th percentile

Assets

Up

$22,616

Up $1,982 (+9.6%) from 2015

Net Assets

Down

$18,866

Down $1,018 (-5.1%) from 2015

Liabilities

Up

$3,750

Up $3,000 (+400%) from 2015

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin16th percentile

Revenue

Down

$2,961

Down $4,964 (-63%) from 2015

Expenses

Down

$3,750

Down $228 (-5.7%) from 2015

Net Income

Down

-$789

Down $4,736 (-120%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth64th percentile

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

$30K$20K$10K$0Assets 2010: $4,641Liabilities 2010: $1,950Net Assets 2010: $2,6912010Assets 2011: $8,130Liabilities 2011: $750Net Assets 2011: $7,3802011Assets 2012: $12,818Liabilities 2012: $750Net Assets 2012: $12,0682012Assets 2013: $17,062Liabilities 2013: $750Net Assets 2013: $16,3122013Assets 2014: $16,687Liabilities 2014: $750Net Assets 2014: $15,9372014Assets 2015: $20,634Liabilities 2015: $750Net Assets 2015: $19,8842015Assets 2016: $22,616Liabilities 2016: $3,750Net Assets 2016: $18,8662016Assets 2017: $20,372Liabilities 2017: $3,750Net Assets 2017: $16,6222017Assets 2018: $17,115Liabilities 2018: $3,750Net Assets 2018: $13,3652018Assets 2019: $13,365Liabilities 2019: $02019Assets 2020: $9,615Liabilities 2020: $0Net Assets 2020: $9,6152020Assets 2021: $13,714Liabilities 2021: $0Net Assets 2021: $13,7142021Assets 2022: $16,366Liabilities 2022: $0Net Assets 2022: $16,3662022Assets 2023: $18,360Liabilities 2023: $0Net Assets 2023: $18,3602023Assets 2024: $16,460Net Assets 2024: $16,4602024Assets 2025: $16,863Liabilities 2025: $191Net Assets 2025: $16,6722025

Highlighted filing

2016

Assets$22,616
Liabilities$3,750
Net Assets$18,866
Open 2016 Filing

Operations Trend

Revenue Growth9th percentile

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

$10K$5.0K$0-$5.0KRevenue 2010: $7,555Expenses 2010: $1,045Net Income 2010: $6,5102010Revenue 2011: $6,740Expenses 2011: $3,250Net Income 2011: $3,4902011Revenue 2012: $7,995Expenses 2012: $3,307Net Income 2012: $4,6882012Revenue 2013: $8,180Expenses 2013: $3,936Net Income 2013: $4,2442013Revenue 2014: $3,375Expenses 2014: $3,750Net Income 2014: -$3752014Revenue 2015: $7,925Expenses 2015: $3,978Net Income 2015: $3,9472015Revenue 2016: $2,961Expenses 2016: $3,750Net Income 2016: -$7892016Revenue 2017: $1,735Expenses 2017: $3,979Net Income 2017: -$2,2442017Revenue 2018: $600Expenses 2018: $3,857Net Income 2018: -$3,2572018Revenue 2019: $0Expenses 2019: $0Net Income 2019: $02019Revenue 2020: $0Expenses 2020: $3,750Net Income 2020: -$3,7502020Revenue 2021: $9,602Expenses 2021: $5,503Net Income 2021: $4,0992021Revenue 2022: $7,843Expenses 2022: $5,191Net Income 2022: $2,6522022Revenue 2023: $7,020Expenses 2023: $5,026Net Income 2023: $1,9942023Revenue 2024: $3,450Expenses 2024: $5,350Net Income 2024: -$1,9002024Revenue 2025: $6,018Expenses 2025: $5,806Net Income 2025: $2122025

Highlighted filing

2016

Revenue$2,961
Expenses$3,750
Net Income-$789
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Feb 22, 2017
Return Version
2016v3.0
Gross Receipts
$2,961
Mission and Program Overview

Mission

Continuing medical education programs

Program Services

DescriptionGrantsExpenses
CONTINUING MEDICAL EDUCATION PROGRAMS--
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PAUL ORLOFF MDTrustee-$0--
DANIEL GREEN MDTrustee-$0--
JOSHUA COHEN MDTrustee-$0--
EDWARD POWERS IIITrustee-$0--
PETER LOMBARDO MDTrustee-$0--
CHERYL MALONEExecutive Director-$0--
Filing and Contact Details

Filer

Filer Name
Medcofund Inc
EIN
13-3143851
Phone
2126844670
Address
C/O NYCMS 31 WEST 34 STREET, NEW YORK, NY 10001

Signing Officer

Name
Cheryl Malone
Title
Executive Direc
Signed
2017-02-22
Discuss with paid preparer
Yes

Preparer

Firm
Wilfred Wyler & Co CPAs PC
Address
14 Penn Plaza Suite 1706, New York, NY 10122-1012
Preparer
Michael J Hitchings
Phone
2126870050
Supplemental Narrative

Additional Explanations

Other Expenses.1

“Administrative fees $3000”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $750 Accounts Payable and Accrued Expenses - Ending $3750”

Raw XML Appendix142 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0NEW YORK COUNTY MEDICAL SOCIET
IRS990EZ/BooksInCareOfDetail/PhoneNum02126844670
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt031 WEST 34 STREET SUITE 7053
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010001
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt020405
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt022616
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt02961
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-789
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0750
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt020405
IRS990EZ/Form990TotalAssetsGrp/EOYAmt022616
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt02961
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt019655
IRS990EZ/NetAssetsOrFundBalancesEOYAmt018866
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt019655
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt018866
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PAUL ORLOFF MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DANIEL GREEN MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOSHUA COHEN MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3EDWARD POWERS III
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4PETER LOMBARDO MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5CHERYL MALONE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5EXECUTIVE DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt03000
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0CONTINUING MEDICAL EDUCATION PROGRAMS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CONTINUING MEDICAL EDUCATION PROGRAMS
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0750
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt03750
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt03750
IRS990EZ/TotalRevenueAmt02961
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02961
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt07925
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03375
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt08180
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt07995
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt030436
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt030436
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02961
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt07925
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03375
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt08180
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt07995
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt030436
IRS990ScheduleA/TotalSupportAmt030436
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ADMINISTRATIVE FEES $3000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Accounts Payable and Accrued Expenses - Beginning $750 Accounts Payable and Accrued Expenses - Ending $3750
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Total Liabilities.1001
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHERYL MALONE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Direc
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MEDCOFUND INC
ReturnHeader/Filer/BusinessNameControlTxt0MEDC
ReturnHeader/Filer/EIN0133143851
ReturnHeader/Filer/PhoneNum02126844670
ReturnHeader/Filer/USAddress/AddressLine1Txt0C/O NYCMS 31 WEST 34 STREET
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010001
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Wilfred Wyler & Co CPAs PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt014 Penn Plaza Suite 1706
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0New York
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0101221012
ReturnHeader/PreparerPersonGrp/PhoneNum02126870050
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL J HITCHINGS
ReturnHeader/ReturnTs02017-02-25T09:36:42-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,616
Liabilities
$3,750
Net assets
$18,866
Revenue
$2,961
Expenses
$3,750
Net income
-$789
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$16.9$0.19$16.7$6.02$5.81$0.21
2024Detailed filing. Detailed filing data is available for this year.$16.5$16.5$3.45$5.35$1.90
2023Detailed filing. Detailed filing data is available for this year.$18.4$0.00$18.4$7.02$5.03$1.99
2022Detailed filing. Detailed filing data is available for this year.$16.4$0.00$16.4$7.84$5.19$2.65
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.7$0.00$13.7$9.60$5.50$4.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.62$0.00$9.62$0.00$3.75$3.75
2019Summary only. Only limited summary data is available for this year.$13.4$0.00$0.00$0.00$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.1$3.75$13.4$0.60$3.86$3.26
2017Detailed filing. Detailed filing data is available for this year.$20.4$3.75$16.6$1.74$3.98$2.24
2016Detailed filing. Detailed filing data is available for this year.$22.6$3.75$18.9$2.96$3.75$0.79
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.6$0.75$19.9$7.93$3.98$3.95
2014Detailed filing. Detailed filing data is available for this year.$16.7$0.75$15.9$3.38$3.75$0.38
2013Detailed filing. Detailed filing data is available for this year.$17.1$0.75$16.3$8.18$3.94$4.24
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.8$0.75$12.1$8.00$3.31$4.69
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.13$0.75$7.38$6.74$3.25$3.49
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.64$1.95$2.69$7.56$1.05$6.51
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • <$500k nonprofits