Civic Intelligence

Boom Health

990 • Fiscal year 2016 • EIN 13-3599121

Jul 01, 2015 to Jun 30, 2016 • Filed on Jan 25, 2017

540 East Fordham Rd 2nd FloorBronx, NY 10458

(718) 295-5605

Siviq Scores

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

Liabilities / Assets

87th percentile

0.84x

Higher debt load relative to assets than 87% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

80th percentile

1.11x

Higher debt load relative to revenue than 80% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

49th percentile

2.1%

Higher net margin than 49% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

77th percentile

$288,535

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

96th percentile

76%

Faster asset growth than 96% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

77th percentile

16%

Faster revenue growth than 77% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$16,751,385

Up $7,233,824 (+76%) from 2015

Net Assets

Up

$2,745,606

Up $260,204 (+10%) from 2015

Liabilities

Up

$14,005,779

Up $6,973,620 (+99%) from 2015

Revenue

Up

$12,623,935

Up $1,752,009 (+16%) from 2015

Expenses

Up

$12,363,731

Up $2,465,047 (+25%) from 2015

Net Income

Down

$260,204

Down $713,038 (-73%) from 2015

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0-$10MAssets 2010: $2,152,939Liabilities 2010: $1,544,570Net Assets 2010: $608,3692010Assets 2011: $1,875,195Liabilities 2011: $981,868Net Assets 2011: $893,3272011Assets 2012: $1,628,575Liabilities 2012: $1,074,811Net Assets 2012: $553,7642012Assets 2013: $1,958,619Liabilities 2013: $707,751Net Assets 2013: $1,250,8682013Assets 2014: $2,895,177Liabilities 2014: $1,383,018Net Assets 2014: $1,512,1592014Assets 2015: $9,517,561Liabilities 2015: $7,032,159Net Assets 2015: $2,485,4022015Assets 2016: $16,751,385Liabilities 2016: $14,005,779Net Assets 2016: $2,745,6062016Assets 2017: $15,665,852Liabilities 2017: $13,214,401Net Assets 2017: $2,451,4512017Assets 2018: $14,166,358Liabilities 2018: $12,459,768Net Assets 2018: $1,706,5902018Assets 2019: $12,221,750Liabilities 2019: $12,898,174Net Assets 2019: -$676,4242019Assets 2020: $12,599,636Liabilities 2020: $14,597,809Net Assets 2020: -$1,998,1732020Assets 2021: $11,328,147Liabilities 2021: $14,498,468Net Assets 2021: -$3,170,3212021Assets 2022: $11,488,774Liabilities 2022: $14,300,648Net Assets 2022: -$2,811,8742022Assets 2023: $10,850,976Liabilities 2023: $14,908,023Net Assets 2023: -$4,057,0472023Assets 2024: $17,572,687Liabilities 2024: $23,287,129Net Assets 2024: -$5,714,4422024

Highlighted filing

2016

Assets$16,751,385
Liabilities$14,005,779
Net Assets$2,745,606

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $6,610,7972010Expenses 2011: $6,215,4102011Revenue 2012: $6,153,674Expenses 2012: $6,493,237Net Income 2012: -$339,5632012Revenue 2013: $7,416,553Expenses 2013: $6,719,449Net Income 2013: $697,1042013Revenue 2014: $8,515,112Expenses 2014: $8,253,821Net Income 2014: $261,2912014Revenue 2015: $10,871,926Expenses 2015: $9,898,684Net Income 2015: $973,2422015Revenue 2016: $12,623,935Expenses 2016: $12,363,731Net Income 2016: $260,2042016Revenue 2017: $13,490,551Expenses 2017: $13,784,706Net Income 2017: -$294,1552017Revenue 2018: $13,457,413Expenses 2018: $13,522,930Net Income 2018: -$65,5172018Revenue 2019: $8,780,691Expenses 2019: $11,163,705Net Income 2019: -$2,383,0142019Revenue 2020: $8,167,065Expenses 2020: $9,488,814Net Income 2020: -$1,321,7492020Revenue 2021: $6,627,643Expenses 2021: $8,043,277Net Income 2021: -$1,415,6342021Revenue 2022: $8,495,955Expenses 2022: $8,137,508Net Income 2022: $358,4472022Revenue 2023: $7,452,445Expenses 2023: $8,697,618Net Income 2023: -$1,245,1732023Revenue 2024: $7,983,458Expenses 2024: $9,640,853Net Income 2024: -$1,657,3952024

Highlighted filing

2016

Revenue$12,623,935
Expenses$12,363,731
Net Income$260,204
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Jan 25, 2017
Return Version
2015v3.0
Gross Receipts
$12,623,935
Mission and Program Overview

Mission

Boom!health is a harm reduction organization dedicated to empowering new yorkers living with and at highest risk for illness, substance abuse, homelessness, and poverty to realize their full potential by integrating health, legal and social services to create a seamless continuum of prevention and care. It is our mission to transform lives through health and wellness.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net-$6,685,000-
Land, Buildings, and Equipment, Net$6,002,186$4,279,635▼ $1,722,551
Pledges and Grants Receivable$2,337,033$3,465,552▲ $1,128,519
Cash and Non-Interest-Bearing Accounts$558,836$403,121▼ $155,715
Prepaid Expenses and Deferred Charges$65,137$130,428▲ $65,291
Investments in Publicly Traded Securities$7,584$7,598▲ $14
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$9,517,561$16,751,385▲ $7,233,824
Other Assets Total$546,785$1,780,051▲ $1,233,266
Liabilities
Mortgage Notes Payable Secured by Investment Property-$6,172,745-
Other Liabilities$4,067,802$4,488,369▲ $420,567
Accounts Payable and Accrued Expenses$1,935,857$2,688,526▲ $752,669
Deferred Revenue$532,128$656,139▲ $124,011
Unsecured Notes Loans Payable$496,372--
Total Liabilities$7,032,159$14,005,779▲ $6,973,620
Net Assets / Fund Balance
Unrestricted Net Assets$2,325,402$2,640,606▲ $315,204
Temporarily Rstr Net Assets$160,000$105,000▼ $55,000
Total Net Assets Fund Balance$2,485,402$2,745,606▲ $260,204
Total Liabilities and Net Assets / Fund Balance$9,517,561$16,751,385▲ $7,233,824

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,156,403$343,597-
Equipment$1,123,232$472,579-
Other Assets Org$61,965--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
jose davilaPresident & CEOFT$238,459$50,076$288,535
horace nelsonCFOFT$169,333$35,560$204,893
candia richards clarkesr. VP FOR STRAFT$162,446$34,113$196,559
Inez SegarraSVP Human ResourceFT$120,393$25,282$145,675

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$6,976,731
Program Service Revenue
$4,851,479
Investment Income
$137,974
Other Revenue
$657,751
All Other Contributions
$526,177
Change in Net Assets
$260,204

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,623,935
Revenue Not Reported on Form 990
$4,318,631
Total Revenue per Audited Statements
$16,942,566
Total Revenue per Form 990
$12,623,935
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,258,198
Other Expenses$5,105,533
Total Fundraising Expense$313,560
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,177,666$680,365$36,435$4,894,466
Occupancy$1,031,112$324,780$15,854$1,371,746
Other Employee Benefits$1,064,453$63,048$10,255$1,137,756
Current Officers, Directors, Trustees, and Key Employees$116,677$391,189$187,233$695,099
Interest$496,967$68,109$12,257$577,333
Office Expenses$382,466$57,497$9,059$449,022
Payroll Taxes$235,695$111,136$2,745$349,576
Depreciation Depletion$269,218$35,440$6,642$311,300
Other Expenses$251,224$33,073$6,198$290,495
Travel$158,251$38,199$1,236$197,686
Pension Plan Contributions$116,493$57,608$7,200$181,301
Insurance$108,594$14,296$2,679$125,569
Fees for Services Accounting$51,541$28,962$4,067$84,570
All Other Expenses$46,903$11,733$1,620$60,256
Fees for Services Other$32,505$16,575$2,319$51,399
Total Functional Expenses$10,022,972$2,027,199$313,560$12,363,731

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$17,011,452
Expenses per Audited Statements$12,363,731
Total Expenses per Form 990$12,363,731
Expenses Not Reported on Form 990$4,647,721
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Lease Obligations$4,024,317
due to affiliates$464,052
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
Yes
Other officer compensation reviewed
Yes
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 11B: Form 990 Review Process

before a reviewed form 990 is filed, it is first forwarded to the finance committee for review, after which the finance committee presents it to the board for review and approval.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

prior to election to the board or as an officer, and annually thereafter, all directors and officers are required to disclose in writing to the best of their knowledge any interest in any corporation or other organization which provides goods or professional or other services to BOOM!HEALTH for a fee or other compensation.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

the organization's board obtains compensation data relative to the organization's mission, budget size, and programmatic activities. this data is then compared to the compensation levels of key employees of the organization. in addition the board considers industry factors that may impact compensation levels of key employees. Based on this data, the board meets to determine compensation rate of the PRESIDENT. the PRESIDENT in consultation with the board sets the compensation level rate for the executive team.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

documents are made available upon request, via new york state charity registration bureau and guidestar.

Filing and Contact Details

Filer

Filer Name
Boomhealth
EIN
13-3599121
Phone
7182955605
Address
540 EAST FORDHAM RD 2ND FLOOR, BRONX, NY 10458

Signing Officer

Name
jose davila
Title
President & CEO
Signed
2017-01-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
jose davila
Formed
1990
Legal Domicile
Ny
Voting Board Members
13
Independent Board Members
13
Employees
189
Volunteers
23

Preparer

Firm
Desire & Company CPAs PLLC
Address
100 Park Ave STE 1600, NY, NY 10017
Preparer
Daniel Desire CPA
Phone
2123515092
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Federal Ryan WhiteThe Ryan White HIV/AIDS Program provides HIV-related services for those who do not have sufficient health care coverage or financial resources for coping with HIV disease. The program fills gaps in care not met by other payers. OTHER PROGRAM SERVICES 5: Housing ProgramProvides Housing Retention Services for People Living with AIDS. OTHER PROGRAM SERVICES 6: food programnutritional program provides both emergency and ongoing pantry services five days weekly (Mon-Fri) and provide individualized nutrition assessments, counseling sessions and, in conjunction with our care coordination program and nutrition education classes. OTHER PROGRAM SERVICES 7: Other ProgramsOther programs consist of various supportive programs for people living with hiv/aids.

Financial Statement Notes

Part X : FIN48 Footnote

The Organization has no uncertain tax positions as of June 30, 2015 and 2014 in accordance with Accounting Standards Codification (ASC) Topic 740, Income Taxes, which provides standards for establishing and classifying any tax provisions for uncertain tax positions. The organization is no longer subject to federal, state and local income tax examinations by tax authorities for the year ended June 30, 2012 and prior years.

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

NET REVENUE FROM COMBINning affiliates $4289974

Part XII, Line 2D: Other expenses and losses per audited F/S

NET EXPENSES FROM COMBINning affiliates $4619064

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IRS990/Form990PartVIISectionAGrp/PersonNm12PAUL MEISSNER MSPH
IRS990/Form990PartVIISectionAGrp/PersonNm13jose davila
IRS990/Form990PartVIISectionAGrp/PersonNm14horace nelson
IRS990/Form990PartVIISectionAGrp/PersonNm15candia richards clarke
IRS990/Form990PartVIISectionAGrp/PersonNm16INEZ SEGARRA
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IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice - Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt9Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt14CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt15sr. vp FOR STRA
IRS990/Form990PartVIISectionAGrp/TitleTxt16svP Human Resource
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IRS990/MissionDesc0BOOM!HEALTH IS A HARM REDUCTION ORGANIZATION DEDICATED TO EMPOWERING NEW YORKERS LIVING WITH AND AT HIGHEST RISK FOR ILLNESS, SUBSTANCE ABUSE, HOMELESSNESS, AND POVERTY TO REALIZE THEIR FULL POTENTIAL BY INTEGRATING HEALTH, LEGAL AND SOCIAL SERVICES TO CREATE A SEAMLESS CONTINUUM OF PREVENTION AND CARE. IT IS OUR MISSION TO TRANSFORM LIVES THROUGH HEALTH AND WELLNESS.
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IRS990/OtherExpensesGrp/Desc2dues and subcriptions
IRS990/OtherExpensesGrp/Desc3miscellaneous
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IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt057608
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IRS990/PrincipalOfficerNm0jose davila
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IRS990/ProgramServiceRevenueGrp/BusinessCd0624100
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IRS990/ProgramServiceRevenueGrp/Desc0Fee for services
IRS990/ProgramServiceRevenueGrp/Desc1medicaid
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt087560
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14763919
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt087560
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14763919
IRS990/ProgSrvcAccomActy2Grp/Desc0prevention services provide outreach, education and prevention services to individuals considered to be at risk of getting infected or transmitting the hiv virus. annually, the prevention dept serves over 3,300 people in our combined programming efforts. we promote and conduct hiv testing, ensure linkage to care and provide comprehensive hiv education. currently, we have programs that focus on adolescent girls, young gay men, adult gay men, african american,latino women and substance user. we use evidence based risk reduction models adapted to the specific needs of the population targeted.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt02154313
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt04851479
IRS990/ProgSrvcAccomActy3Grp/Desc0legal services provide legal representation, advice and advocacy without charge to people living with hiv/aids. we provide legal assistance to our clients in a broad range of civil matters, including homelessness prevention, denial or termination of public benefits, domestic violence, future care and planning and custody and care for children each year. we help hundreds of clients avoid eviction, keep themselves safe and families intact, and maintain the income necessary for them to meet their basic needs. over 380 individuals served.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$17.6$23.3$5.71$7.98$9.64$1.66
2023Detailed filing. Detailed filing data is available for this year.$10.9$14.9$4.06$7.45$8.70$1.25
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.5$14.3$2.81$8.50$8.14$0.36
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.3$14.5$3.17$6.63$8.04$1.42
2020Detailed filing. Detailed filing data is available for this year.$12.6$14.6$2.00$8.17$9.49$1.32
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.2$12.9$0.68$8.78$11.2$2.38
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.2$12.5$1.71$13.5$13.5$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.7$13.2$2.45$13.5$13.8$0.29
2016Detailed filing. Detailed filing data is available for this year.$16.8$14.0$2.75$12.6$12.4$0.26
2015Summary only. Only limited summary data is available for this year.$9.52$7.03$2.49$10.9$9.90$0.97
2014Summary only. Only limited summary data is available for this year.$2.90$1.38$1.51$8.52$8.25$0.26
2013Summary only. Only limited summary data is available for this year.$1.96$0.71$1.25$7.42$6.72$0.70
2012Summary only. Only limited summary data is available for this year.$1.63$1.07$0.55$6.15$6.49$0.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.88$0.98$0.89$6.22
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.15$1.54$0.61$6.61