Civic Intelligence

Medcofund Inc.

990EZ • Fiscal year 2018 • EIN 13-3143851

Jan 01, 2018 to Dec 31, 2018 • Filed on Feb 26, 2019

Organization ProfileN/A
C/O Nycms 261 West 35 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

79th percentile

0.22x

Higher debt load relative to assets than 79% of similar nonprofits.

2018 filings • NTEE E • <$500k nonprofits • Source year 2018

Liabilities / Revenue

98th percentile

6.25x

Higher debt load relative to revenue than 98% of similar nonprofits.

2018 filings • NTEE E • <$500k nonprofits • Source year 2018

Net Margin

3rd percentile

-543%

Higher net margin than 3% of similar nonprofits.

2018 filings • NTEE E • <$500k nonprofits • Source year 2018

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.

2018 filings • NTEE E • <$500k nonprofits • Source year 2018

Asset Growth

22nd percentile

-16%

Faster asset growth than 22% of similar nonprofits.

2018 filings • NTEE E • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

9th percentile

-65%

Faster revenue growth than 9% of similar nonprofits.

2018 filings • NTEE E • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets79th percentile

Assets

Down

$17,115

Down $3,257 (-16%) from 2017

Net Assets

Down

$13,365

Down $3,257 (-20%) from 2017

Liabilities

Flat

$3,750

Flat from 2017

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin3rd percentile

Revenue

Down

$600

Down $1,135 (-65%) from 2017

Expenses

Down

$3,857

Down $122 (-3.1%) from 2017

Net Income

Down

-$3,257

Down $1,013 (-45%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth22nd 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

2018

Assets$17,115
Liabilities$3,750
Net Assets$13,365
Open 2018 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

2018

Revenue$600
Expenses$3,857
Net Income-$3,257
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Feb 26, 2019
Return Version
2018v3.1
Gross Receipts
$600
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 MDChairman-$0--
MICHAEL GOLDSTEIN MDTrustee-$0--
JOSHUA COHEN MDTrustee-$0--
EDWARD POWERS III MDTrustee-$0--
SCOT GLASBERG MDTrustee-$0--
NAHEED VAN DE WALLE MDPresident-$0--
CHERYL MALONEExecutive Director-$0--
Filing and Contact Details

Filer

Filer Name
Medcofund Inc
EIN
13-3143851
Phone
2126844670
Address
C/O NYCMS 261 WEST 35 STREET, NEW YORK, NY 10001

Signing Officer

Name
Cheryl Malone
Title
Executive Direc
Signed
2019-02-26
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”

Other Expenses.2

“BANK CHARGES $107”

Total Liabilities.1001

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

Raw XML Appendix148 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/BOYAmt020372
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt017115
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0600
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-3257
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0750
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt020372
IRS990EZ/Form990TotalAssetsGrp/EOYAmt017115
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0600
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt016622
IRS990EZ/NetAssetsOrFundBalancesEOYAmt013365
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt016622
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt013365
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PAUL ORLOFF MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MICHAEL GOLDSTEIN MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOSHUA COHEN MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3EDWARD POWERS III MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4SCOT GLASBERG MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5NAHEED VAN DE WALLE MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6CHERYL MALONE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6EXECUTIVE DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt03107
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/BOYAmt03750
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt03750
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt03857
IRS990EZ/TotalRevenueAmt0600
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0600
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01735
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02961
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt07925
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03375
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt016596
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt016596
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0600
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01735
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02961
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt07925
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03375
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt016596
IRS990ScheduleA/TotalSupportAmt016596
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ADMINISTRATIVE FEES $3000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BANK CHARGES $107
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Accounts Payable and Accrued Expenses - Beginning $3750 Accounts Payable and Accrued Expenses - Ending $3750
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Total Liabilities.1001
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHERYL MALONE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Direc
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-02-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MEDCOFUND INC
ReturnHeader/Filer/BusinessNameControlTxt0MEDC
ReturnHeader/Filer/EIN0133143851
ReturnHeader/Filer/PhoneNum02126844670
ReturnHeader/Filer/USAddress/AddressLine1Txt0C/O NYCMS 261 WEST 35 STREET
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010001
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0133688414
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/ReturnTs02019-02-26T10:24:49-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$17,115
Liabilities
$3,750
Net assets
$13,365
Revenue
$600
Expenses
$3,857
Net income
-$3,257
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
2018Detailed filing. Detailed filing data is available for this year.$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
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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