Civic Intelligence

Old Broadway House Inc

990 • Fiscal year 2014 • EIN 13-3509140

Jul 01, 2013 to Jun 30, 2014 • Filed on Oct 22, 2014

248 West 108th StreetNew York, NY 10025

(301) 663-3000

Siviq Scores

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

Liabilities / Assets

65th percentile

0.15x

Higher debt load relative to assets than 65% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

90th percentile

1.19x

Higher debt load relative to revenue than 90% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

2nd percentile

-119%

Higher net margin than 2% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

97th percentile

$242,743

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 258.2% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

15th percentile

-11%

Faster asset growth than 15% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

34th percentile

-2.5%

Faster revenue growth than 34% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Down

$745,264

Down $91,206 (-11%) from 2013

Net Assets

Down

$633,116

Down $111,798 (-15%) from 2013

Liabilities

Up

$112,148

Up $20,592 (+22%) from 2013

Revenue

Down

$94,011

Down $2,452 (-2.5%) from 2013

Expenses

Up

$205,809

Up $9,929 (+5.1%) from 2013

Net Income

Down

-$111,798

Down $12,381 (-12%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $1,048,321Liabilities 2011: $90,629Net Assets 2011: $957,6922011Assets 2012: $950,277Liabilities 2012: $105,946Net Assets 2012: $844,3312012Assets 2013: $836,470Liabilities 2013: $91,556Net Assets 2013: $744,9142013Assets 2014: $745,264Liabilities 2014: $112,148Net Assets 2014: $633,1162014Assets 2015: $674,622Liabilities 2015: $138,203Net Assets 2015: $536,4192015Assets 2016: $567,480Liabilities 2016: $123,222Net Assets 2016: $444,2582016Assets 2017: $474,684Liabilities 2017: $125,235Net Assets 2017: $349,4492017Assets 2018: $384,065Liabilities 2018: $125,133Net Assets 2018: $258,9322018Assets 2019: $623,020Liabilities 2019: $123,956Net Assets 2019: $499,0642019Assets 2020: $717,073Liabilities 2020: $153,297Net Assets 2020: $563,7762020Assets 2021: $717,953Liabilities 2021: $223,803Net Assets 2021: $494,1502021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2014

Assets$745,264
Liabilities$112,148
Net Assets$633,116

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $213,2982011Expenses 2012: $207,8722012Revenue 2013: $96,463Expenses 2013: $195,880Net Income 2013: -$99,4172013Revenue 2014: $94,011Expenses 2014: $205,809Net Income 2014: -$111,7982014Revenue 2015: $90,009Expenses 2015: $186,705Net Income 2015: -$96,6962015Revenue 2016: $90,016Expenses 2016: $182,176Net Income 2016: -$92,1602016Revenue 2017: $90,017Expenses 2017: $184,826Net Income 2017: -$94,8092017Revenue 2018: $90,000Expenses 2018: $180,517Net Income 2018: -$90,5172018Revenue 2019: $450,646Expenses 2019: $210,514Net Income 2019: $240,1322019Revenue 2020: $280,541Expenses 2020: $215,829Net Income 2020: $64,7122020Revenue 2021: $40,500Expenses 2021: $110,126Net Income 2021: -$69,6262021Revenue 2022: $9,000Expenses 2022: $8,471Net Income 2022: $5292022

Highlighted filing

2014

Revenue$94,011
Expenses$205,809
Net Income-$111,798
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Oct 22, 2014
Return Version
2013v3.0
Gross Receipts
$94,011
Mission and Program Overview

Mission

Providing affordable housing to the needy and homeless.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$830,111$743,238▼ $86,873
Prepaid Expenses and Deferred Charges-$4,793-
Accounts Receivable$375$0▼ $375
Cash and Non-Interest-Bearing Accounts$3,574$-5,177▼ $8,751
Total Assets$836,470$745,264▼ $91,206
Other Assets Total$2,410$2,410→ $0
Liabilities
Accounts Payable and Accrued Expenses$91,556$112,148▲ $20,592
Total Liabilities$91,556$112,148▲ $20,592
Net Assets / Fund Balance
Unrestricted Net Assets$744,914$633,116▼ $111,798
Total Net Assets Fund Balance$744,914$633,116▼ $111,798
Total Liabilities and Net Assets / Fund Balance$836,470$745,264▼ $91,206

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$715,962$1,411,121$2,127,083
Other Land Buildings$21,362$103,943$125,305
Land$5,914-$5,914
Compensation and Service Providers

Board Members and Trustees

NameTitle
Cynthia C WainwrightPresident
David a BraunerVice President
Albert E MayasDirector
Peter NeamanDirector
Peter D BeitchmanExecutive Director
Jessica WechslerSecretary
Mel P BarkanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$94,000
Investment Income
$11
Other Revenue
$0
Change in Net Assets
$-111,798

Audited Revenue Reconciliation

Revenue per Audited Statements
$94,011
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$94,011
Total Revenue per Form 990
$94,011
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$184,083
Salaries, Compensation, and Employee Benefits$21,726
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$98,673--$98,673
Other Salaries and Wages$16,724--$16,724
Fees for Services Accounting-$7,812-$7,812
Insurance$7,146--$7,146
Other Employee Benefits$3,808--$3,808
Payroll Taxes$1,194--$1,194
Other Expenses$612$375-$375
Total Functional Expenses$197,622$8,187$0$205,809

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$205,809
Total Expenses per Audited Statements$205,809
Total Expenses per Form 990$205,809
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Property management is provided by the bridge, inc.

Form 990, Part VI, Section A, Line 8B

The board acts as a whole on all policy actions.

Form 990, Part VI, Section B, Line 11

The finance committee provides a copy of the 990 to each board member and reviews the form prior to filing.

Form 990, Part VI, Section B, Line 12C

All board members as well as key senior executive staff, i.e. Chief executive officer, deputy executive director, and the director of finance sign a conflict of interest form. The executive director and director of human resources review them for potential conflicts. In the event of a potential conflict, the issue is forwarded to the finance committee for further review and discussion. If necessary the matter can be forwarded to the full board for discussion.

Form 990, Part VI, Section C, Line 19

Policies are available upon written request.

Filing and Contact Details

Filer

EIN
13-3509140
Phone
3016633000

Signing Officer

Name
Cynthia Wainwright
Title
President
Phone
2126633000
Signed
2014-10-22

Organization Details

Principal Officer
Cynthia Wainwright
Formed
1992
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Preparer
Stewart a Grubman
Phone
3016523464
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The board's finance subcommittee oversees the activity of the audit and related duties of financial reporting.

Financial Statement Notes

PART X, LINE 2:

The organization has been classified as an other-than private foundation and is tax-exempt under section 501(c)(3) of the internal revenue code. The organization is subject to a tax on income from any unrelated business. In june 2006, the financial accounting standards board issued asc 740-10 (formerly known as fasb interpretation no. 48, accounting for uncertainty in income taxes), which prescribed a comprehensive model for how an organization should measure, recognize, present and disclose in its financial statements uncertain tax positions that an organization has taken or expects to take on a tax return. The organization adopted asc 740-10 as of january 1, 2009. There was no impact to the organizations consolidated financial statements as a result of the implementation of asc 740-10. The organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The organization believes it is no longer subject to income tax examinations for years prior to 2010.

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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0530313
IRS990/ScheduleBRequiredInd00
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt01411121
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02127083
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0205809
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt05914
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05914
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt021362
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0103943
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0125305
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS BEEN CLASSIFIED AS AN OTHER-THAN PRIVATE FOUNDATION AND IS TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS SUBJECT TO A TAX ON INCOME FROM ANY UNRELATED BUSINESS. IN JUNE 2006, THE FINANCIAL ACCOUNTING STANDARDS BOARD ISSUED ASC 740-10 (FORMERLY KNOWN AS FASB INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES), WHICH PRESCRIBED A COMPREHENSIVE MODEL FOR HOW AN ORGANIZATION SHOULD MEASURE, RECOGNIZE, PRESENT AND DISCLOSE IN ITS FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS THAT AN ORGANIZATION HAS TAKEN OR EXPECTS TO TAKE ON A TAX RETURN. THE ORGANIZATION ADOPTED ASC 740-10 AS OF JANUARY 1, 2009. THERE WAS NO IMPACT TO THE ORGANIZATIONS CONSOLIDATED FINANCIAL STATEMENTS AS A RESULT OF THE IMPLEMENTATION OF ASC 740-10. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORGANIZATION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2010.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalExpensesPerForm990Amt0205809
IRS990ScheduleD/TotalRevenuePerForm990Amt094011
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IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt012012
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0PETER D BEITCHMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0242743
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROPERTY MANAGEMENT IS PROVIDED BY THE BRIDGE, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD ACTS AS A WHOLE ON ALL POLICY ACTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FINANCE COMMITTEE PROVIDES A COPY OF THE 990 TO EACH BOARD MEMBER AND REVIEWS THE FORM PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL BOARD MEMBERS AS WELL AS KEY SENIOR EXECUTIVE STAFF, I.E. CHIEF EXECUTIVE OFFICER, DEPUTY EXECUTIVE DIRECTOR, AND THE DIRECTOR OF FINANCE SIGN A CONFLICT OF INTEREST FORM. THE EXECUTIVE DIRECTOR AND DIRECTOR OF HUMAN RESOURCES REVIEW THEM FOR POTENTIAL CONFLICTS. IN THE EVENT OF A POTENTIAL CONFLICT, THE ISSUE IS FORWARDED TO THE FINANCE COMMITTEE FOR FURTHER REVIEW AND DISCUSSION. IF NECESSARY THE MATTER CAN BE FORWARDED TO THE FULL BOARD FOR DISCUSSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4POLICIES ARE AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD'S FINANCE SUBCOMMITTEE OVERSEES THE ACTIVITY OF THE AUDIT AND RELATED DUTIES OF FINANCIAL REPORTING.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd80
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10THE BRIDGE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine11WESTSIDE COMMUNITY RESIDENCE COMPANY INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine12BRIDGE COMMUNITY RESIDENCE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine13COMMUNITY RESIDENCE PROGRAMS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine14BRIDGE HOUSE #4 CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine15BRIDGE EAST #5 CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine16323 HOUSTON STREET CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1713 WEST 103RD STREET CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine18118 EAST 111TH STREET CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine191347 MORRIS AVENUE CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine110SHERIDAN HILL HOUSE CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine111406 EAST 117TH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine11211 WEST 103RD STREET CORP
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt5501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt6501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt7501(C)(3)

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