Civic Intelligence

Franciscan Community Center

990 • Fiscal year 2013 • EIN 13-3806214

Jan 01, 2013 to Dec 31, 2013 • Filed on Aug 12, 2014

214 West 97th StreetSuiteNew York, NY 10025

(212) 932-8040

Siviq Scores

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

Liabilities / Assets

37th percentile

0.01x

Higher debt load relative to assets than 37% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

34th percentile

0.01x

Higher debt load relative to revenue than 34% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Net Margin

64th percentile

9.1%

Higher net margin than 64% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

81st percentile

$73,806

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 8.9% of source-year revenue.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Asset Growth

53rd percentile

3.2%

Faster asset growth than 53% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

22nd percentile

-9.8%

Faster revenue growth than 22% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Assets

Up

$532,949

Up $16,419 (+3.2%) from 2012

Net Assets

Up

$526,256

Up $74,726 (+17%) from 2012

Liabilities

Down

$6,693

Down $58,307 (-90%) from 2012

Revenue

Down

$831,552

Down $90,052 (-9.8%) from 2012

Expenses

Down

$756,184

Down $131,019 (-15%) from 2012

Net Income

Up

$75,368

Up $40,967 (+119%) from 2012

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $482,129Liabilities 2011: $65,000Net Assets 2011: $417,1292011Assets 2012: $516,530Liabilities 2012: $65,000Net Assets 2012: $451,5302012Assets 2013: $532,949Liabilities 2013: $6,693Net Assets 2013: $526,2562013Assets 2014: $173,005Liabilities 2014: $11,914Net Assets 2014: $161,0912014Assets 2015: $139,242Liabilities 2015: $70,091Net Assets 2015: $69,1512015Assets 2016: $41,146Liabilities 2016: $31,893Net Assets 2016: $9,2532016Assets 2017: $2,040Liabilities 2017: $0Net Assets 2017: $2,0402017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2013

Assets$532,949
Liabilities$6,693
Net Assets$526,256

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $896,315Expenses 2011: $899,014Net Income 2011: -$2,6992011Revenue 2012: $921,604Expenses 2012: $887,203Net Income 2012: $34,4012012Revenue 2013: $831,552Expenses 2013: $756,184Net Income 2013: $75,3682013Revenue 2014: $665,210Expenses 2014: $1,030,375Net Income 2014: -$365,1652014Revenue 2015: $963,347Expenses 2015: $1,055,287Net Income 2015: -$91,9402015Revenue 2016: $1,071,208Expenses 2016: $1,067,845Net Income 2016: $3,3632016Revenue 2017: $62,672Expenses 2017: $69,377Net Income 2017: -$6,7052017Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018

Highlighted filing

2013

Revenue$831,552
Expenses$756,184
Net Income$75,368
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Aug 12, 2014
Return Version
2013v3.1
Gross Receipts
$957,450
Mission and Program Overview

Mission

The franciscan community center (fcc) was organized to meet the wide ranging needs of the upper west side community in new york city. Various programs, specifically designed with the multi-cultural representation of their members in mind, come together to form a safe, healthy and welcoming environment providing an opportunity for self-development and an improved quality of life. The fcc's programs are opened to all, regardless of religious denomination. It is an independent, not-for-profit corporation, located on the grounds of the holy name parish on the upper west side of manhattan in new york city.

The franciscan community center exists to develop, manage, and support educational, recreational, and outreach programs that create positive change in the lives of those they serve.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$0$282,774▲ $282,774
Land, Buildings, and Equipment, Net$207,857$161,660▼ $46,197
Savings and Temporary Cash Investments$306,673$86,515▼ $220,158
Inventories for Sale or Use$2,000$2,000→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$516,530$532,949▲ $16,419
Other Assets Total$0$0→ $0
Liabilities
Deferred Revenue$65,000$0▼ $65,000
Accounts Payable and Accrued Expenses$0$6,693▲ $6,693
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$65,000$6,693▼ $58,307
Net Assets / Fund Balance
Temporarily Rstr Net Assets$376,554$375,912▼ $642
Unrestricted Net Assets$74,976$150,344▲ $75,368
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$451,530$526,256▲ $74,726
Total Liabilities and Net Assets / Fund Balance$516,530$532,949▲ $16,419

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$116,672$624,549$741,221
Equipment$44,988$69,378$114,366
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mildred MorencyExecutive DirectorFT$57,474-$57,474
Fr Daniel Kenna OFMPresident--$16,332$16,332

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$427,562
Program Service Revenue
$41,920
Investment Income
$65
Other Revenue
$362,005
All Other Contributions
$365,642
Change in Net Assets
$75,368

Audited Revenue Reconciliation

Revenue per Audited Statements
$957,450
Revenue Not Reported on Financial Statements
$-125,898
Other Revenue Adjustments
$-125,898
Total Revenue per Audited Statements
$957,450
Total Revenue per Form 990
$831,552
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$599,781
Other Expenses$156,403
Total Fundraising Expense$35,641
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$314,193$83,785$20,946$418,924
Current Officers, Directors, Trustees, and Key Employees$55,355$14,761$3,690$73,806
Depreciation Depletion$37,464$9,990$2,498$49,952
Payroll Taxes$30,066$8,018$2,004$40,088
Other Employee Benefits$25,769$6,872$1,718$34,359
Pension Plan Contributions$24,453$6,521$1,630$32,604
Insurance$16,279$4,341$1,085$21,705
Occupancy$8,437$2,250$562$11,249
All Other Expenses$4,697$3,749$404$8,850
Information Technology$5,965$1,591$398$7,954
Fees for Services Accounting-$5,640-$5,640
Other Expenses$3,140$0$0$3,140
Office Expenses$1,721$459$115$2,295
Total Functional Expenses$570,201$150,342$35,641$756,184

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$882,082
Expenses per Audited Statements$756,184
Total Expenses per Form 990$756,184
Expenses Not Reported on Form 990$125,898
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$20,456
Fundraising Direct Expenses$949
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$82,376$20,456-$20,456
Total Events$82,376$20,456$949$19,507
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

EIN
13-3806214
In Care Of
% ROSEMARIE E STOFFO
Phone
2129328040

Signing Officer

Name
Rosemarie Stoffo
Title
Treasurer
Phone
2129328040
Signed
2014-08-12

Organization Details

Principal Officer
Rosemarie E Stoffo
Formed
1997
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
22
Volunteers
30

Preparer

Preparer
Daniel Romano
Phone
2125990100
Supplemental Narrative

Additional Explanations

New Program Service Activity

The FCC launched a social wellness program for babies, toddlers and their guardians included in their youth and family services program. This program meets twice a week, Mondays and Thursdays from 10:00am until 12:00pm. The babies and toddlers program was conceived to strengthen the bond between caregiver and child. This program also facilitates positive interaction among young children. Parents/Guardians and their young children gather in the FCC's lower center for play, socialization and activities. FCC Babies & Toddlers provides an opportunity for toddlers and pre-school aged youngsters to be in an environment that fosters and encourages development in children, presents new parents with a support network and offers services, workshops and opportunities that address the needs and challenges that face new families.

Other Program Services

Emergency Food Services: This program service includes the operation of the Food Pantry and Sandwich Line. The Food Pantry operates on Monday from 1-4 pm and provides emergency groceries to over 100 families per week. Foods provided are shelf stable groceries such as: canned meats and fish, legumes, vegetables, dairy, and dry goods (pasta, rice, cereal). The Sandwich line operates twice weekly serving 100 people in need of immediate nourishment and consists of a boxed lunch that includes a sandwich, drink, and snack. Performing Arts Program: This Program's philosophy is simple: to provide a performing arts experience that assists individuals in social and educational developmental skills that carry into all areas of their lives. Skills to be improved upon are communications, listening, vocal production and diction, body awareness and an understanding and acceptance of the humanities. Theatre West 97th believes in the unparalleled experience of performing for an audience. Performing builds confidence, self-esteem, resiliency, and provides the satisfaction that comes from working as a team, completing a project and creating a community event.

Process For Reviewing Form 990

A copy of the draft form 990 was presented to the board of trustees for discussion and comment. Each board member was provided opportunity to comment on the information contained in the form 990 prior to its filing with the Internal Revenue Service. Form 990, Part VI, Line 15a Process for Determining Compensation The FCC undertakes a comprehensive process to determine the executive compensation paid to its executive director. To assess the executive director's compensation, comparability data from non-profits of similar mission focus, budget size and geographic region is gathered from publicly available salary surveys. The executive director's compensation is then discussed with the executive committee and sumbitted to the board of directors for comment and approval. Any potential salary increases are documented in committee meeting minutes.

Public Disclosure of Documents

The organization makes its Form 990 available to the public by retaining a copy at its place of business. The form 990 is also published on the internet at www.guidestar.org. All policy statements, governing documents, and financial statements may be provided at management's discretion, if requested. Form 1023, FCC's IRS exemption letter, bylaws and certificate of incorporation can be found on the New York State Charities website - www.charitiesnys.com.

Other changes in net assets or fund balance

Decrease in temporarily restricted assets - $642

Financial Statement Notes

Other Amounts Included on Form 990

Re-class of thrift store expenses $124,949 Re-class of fundraising expenses 949 Total $125,898

Liability for Uncertain Tax Positions Under Fin 48

The center follows guidance that clarifies the accounting for uncertainty in tax positions taken or expected to be taken in a tax return including issues relating to financial statement recognition and guidance on measurement, classification, interest and penalties, and disclosure. As of December 31, 2013, the center does not believe that there are any uncertain tax positions within its functional statements. The center has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income; to determine its filing and tax obligations in jurisdictions for which it has nexus; and to identify and evaluate other matters that may be considered tax positions. The tax years ended 2010, 2011, 2012 and 2013 are still open to audit for both federal and state purposes.

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IRS990/MissionDesc0The Franciscan Community Center (FCC) was organized to meet the wide ranging needs of the upper west side community in new york city. Various programs, specifically designed with the multi-cultural representation of their members in mind, come together to form a safe, healthy and welcoming environment providing an opportunity for self-development and an improved quality of life. The FCC's programs are opened to all, regardless of religious denomination. It is an independent, not-for-profit corporation, located on the grounds of the Holy Name Parish on the upper west side of manhattan in new york city.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Counseling Center: The Counseling Center was established in 1994 in direct response to the staff's evaluation of obstacles to learning and wellness among our clients. Through individual, group, and family counseling, we have sought to deal directly with those problems that affect the well-being of our youth, adults and families. Workshops are offered to facilitate enhanced decision-making, peer interaction, and conflict resolution. The Center is staffed with a certified social worker and a graduate student from Columbia University that serves as an intern.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Senior Center: Our senior services program runs year-round, Monday - Thursday from 10 AM to 3:15 PM. We offer daily meals and a variety of opportunities for socialization and activities for the mind & body. Activities include exercise classes, bingo, knitting, current events, arts & crafts, parties for special occasions and offsite excursions. In addition, the FCC offers professionally administered health screenings and workshops. The FCC senior population is also a great source of volunteers for our other programs.
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