Civic Intelligence

Back on Track Inc

990 • Fiscal year 2015 • EIN 13-3809029

Jul 01, 2014 to Jun 30, 2015 • Filed on May 16, 2016

158 East 35th StreetNew York, NY 10016

(212) 576-4100

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.88x

Higher debt load relative to assets than 93% of similar nonprofits.

2015 filings • NTEE J • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

99th percentile

3.96x

Higher debt load relative to revenue than 99% of similar nonprofits.

2015 filings • NTEE J • $1M-$5M nonprofits • Source year 2015

Net Margin

97th percentile

66%

Higher net margin than 97% of similar nonprofits.

2015 filings • NTEE J • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

100th percentile

$1,013,655

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 120.6% of source-year revenue.

2015 filings • NTEE J • $1M-$5M nonprofits • Source year 2015

Asset Growth

14th percentile

-12%

Faster asset growth than 14% of similar nonprofits.

2015 filings • NTEE J • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

25th percentile

-2.4%

Faster revenue growth than 25% of similar nonprofits.

2015 filings • NTEE J • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$3,803,889

Down $534,922 (-12%) from 2014

Net Assets

Down

$471,723

Down $92,941 (-16%) from 2014

Liabilities

Down

$3,332,166

Down $441,981 (-12%) from 2014

Revenue

Down

$840,669

Down $20,883 (-2.4%) from 2014

Expenses

Down

$285,227

Down $11,661 (-3.9%) from 2014

Net Income

Down

$555,442

Down $9,222 (-1.6%) from 2014

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2014: $4,338,811Liabilities 2014: $3,774,147Net Assets 2014: $564,6642014Assets 2015: $3,803,889Liabilities 2015: $3,332,166Net Assets 2015: $471,7232015Assets 2016: $5,411,457Liabilities 2016: $4,275,929Net Assets 2016: $1,135,5282016Assets 2017: $33,121,922Liabilities 2017: $444,496Net Assets 2017: $32,677,4262017Assets 2018: $35,832,038Liabilities 2018: $299,455Net Assets 2018: $35,532,5832018Assets 2019: $37,736,752Liabilities 2019: $350,230Net Assets 2019: $37,386,5222019Assets 2020: $44,615,481Liabilities 2020: $1,200,230Net Assets 2020: $43,415,2512020Assets 2021: $45,962,885Liabilities 2021: $1,249,199Net Assets 2021: $44,713,6862021Assets 2022: $45,899,661Liabilities 2022: $1,262,352Net Assets 2022: $44,637,3092022Assets 2023: $54,777,000Liabilities 2023: $4,872,079Net Assets 2023: $49,904,9212023Assets 2024: $55,494,883Liabilities 2024: $3,560,361Net Assets 2024: $51,934,5222024

Highlighted filing

2015

Assets$3,803,889
Liabilities$3,332,166
Net Assets$471,723

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0Revenue 2014: $861,552Expenses 2014: $296,888Net Income 2014: $564,6642014Revenue 2015: $840,669Expenses 2015: $285,227Net Income 2015: $555,4422015Revenue 2016: $965,625Expenses 2016: $301,820Net Income 2016: $663,8052016Revenue 2017: $1,665,290Expenses 2017: $318,992Net Income 2017: $1,346,2982017Revenue 2018: $3,291,850Expenses 2018: $515,850Net Income 2018: $2,776,0002018Revenue 2019: $2,132,909Expenses 2019: $632,653Net Income 2019: $1,500,2562019Revenue 2020: $6,279,568Expenses 2020: $327,746Net Income 2020: $5,951,8222020Revenue 2021: $824,321Expenses 2021: $300,523Net Income 2021: $523,7982021Revenue 2022: $1,870,332Expenses 2022: $336,335Net Income 2022: $1,533,9972022Revenue 2023: $4,989,427Expenses 2023: $456,881Net Income 2023: $4,532,5462023Revenue 2024: $2,495,268Expenses 2024: $465,667Net Income 2024: $2,029,6012024

Highlighted filing

2015

Revenue$840,669
Expenses$285,227
Net Income$555,442
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 16, 2016
Return Version
2014v6.0
Gross Receipts
$904,609
Mission and Program Overview

Mission

Fhmc, inc., is organized and shall be operated exclusively for charitable purposes within the meaning of section 501(c)(3) of the internal revenue code of 1986, as now in effect or as may hereafter be amended (the "code"). The specific purposes for which fhmc, inc., is organized and shall be operated are providing financial; technical; real estate holding, leasing, operation and development; management; administrative; and similar support and assistance in respect of activities and initiatives directed by its sole member, postgraduate center for mental health.

Fhmc, inc., is organized to provide financial; technical; real estate holding, leasing, operation and development; management; administrative; and similar support and assistance in respect to the activities and initiatives directed by its sole member, postgraduate center for mental health.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$3,086,412--
Savings and Temporary Cash Investments$1,252,399$2,215,994▲ $963,595
Investments in Publicly Traded Securities-$810,362-
Total Assets$4,338,811$3,803,889▼ $534,922
Other Assets Total$0$777,533▲ $777,533
Liabilities
Other Liabilities$3,378,928$3,332,166▼ $46,762
Deferred Revenue$395,219--
Total Liabilities$3,774,147$3,332,166▼ $441,981
Net Assets / Fund Balance
Unrestricted Net Assets$564,664$471,723▼ $92,941
Total Net Assets Fund Balance$564,664$471,723▼ $92,941
Total Liabilities and Net Assets / Fund Balance$4,338,811$3,803,889▼ $534,922

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$777,533--
Compensation and Service Providers

Employees

NameTitleOtherTotal
William LeonelliDirector of Finance$142,760$142,760

Board Members and Trustees

NameTitle
Mitch BeneforeChairman
Jacob Barak PhdPresident & CEO
Marcia B HolmanVice President
Alan Harry PollakDirector
David RobinovDirector
Harold MossDirector
Rosalyn Sherman PhdDirector
Victor BenelDirector
Ada More-beneforeSecretary
Christopher S BurkeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$760,681
Investment Income
$36,161
Other Revenue
$43,827
Change in Net Assets
$555,442

Audited Revenue Reconciliation

Revenue per Audited Statements
$-194,124
Revenue Not Reported on Financial Statements
$1,034,793
Revenue Not Reported on Form 990
$93,829,329
Other Revenue Adjustments
$1,034,793
Total Revenue per Audited Statements
$93,635,205
Total Revenue per Form 990
$840,669
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$285,227
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$17,824--$17,824
Travel$2,963--$2,963
Insurance$2,739--$2,739
Fees for Services Legal$2,500--$2,500
Fees for Services Other$579--$579
Other Expenses$314--$314
Conferences and Meetings$250--$250
Information Technology$183--$183
Total Functional Expenses$285,227$0$0$285,227

Audited Expense Reconciliation

Line ItemAmount
Expenses Not Reported on Form 990$40,643,970
Total Expenses per Audited Statements$39,894,404
Expenses Not Reported on Financial Statements$1,034,793
Other Expense Adjustments$1,034,793
Total Expenses per Form 990$285,227
Expenses per Audited Statements$-749,566
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate - Construction Loan$3,332,166
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Ada more-benefore and mitch benefore have a family relationship.

Form 990, Part VI, Section A, Line 4

The organization amended its articles of incorporation on november 26, 2013 to make the following changes: 1. To change the organization's name from back on track, inc. To fhmc, inc. 2. The organization changed its mission to the following: the specific purposes for which the corporation is organized and shall be operated are providing financial; technical; real estate holding, leasing, operation and development; management; administrative; and similar support and assistance in respect of activities and initiatives directed by its sole member.

Form 990, Part VI, Section A, Line 6

The postgraduate center for mental health is the sole member of the organization.

Form 990, Part VI, Section A, Line 7A

The sole member of the organization, the postgraduate center for mental health, has the ability to appoint and remove board members to the governing body of the organization.

Form 990, Part VI, Section A, Line 7B

The bylaws may be amended, repealed or adopted by the members of the organization. Any bylaws adopted by the board may be may be amended or repealed by the board.

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

The organization did not have any board meetings during fiscal year 2015. The organization does not hold individual meetings; any issues pertaining to the residence are discussed during postgraduate center for mental health's board meetings and documented in their minutes.

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

The organization does not have any committees.

Form 990, Part VI, Section B, Line 11

An outside accounting firm and the organization have established the following review process to ensure that the information reported is complete and accurate. When the form 990 has been prepared, reviewed by management, and is ready to be filed with the internal revenue service, it is electronically sent to the board of directors for any comments. Any comments are then grouped, summarized and provided to the outside accountants. Each comment is documented and addressed. Once all of the comments have been cleared, the return is finalized and electronically filed with the irs.

Form 990, Part VI, Section B, Line 12

The organization follows the policies of it's parent company postgraduate center for mental health but has not formally adopted them as its' own policies.

Form 990, Part VI, Section C, Line 19

The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. It is posted on guidestar.org and other similar types of websites. In addition, the form 990 as well as the financial statements, and governing documents are available upon written request at 158 east 35th street, new york, ny 10016 or by calling the organization directly at (212)889-5500.

FORM 990, PART VI, LINE 13:

The organization follows the policies of it's parent company postgraduate center for mental health but has not formally adopted them as its' own policies.

FORM 990, PART VI, LINE 14:

The organization follows the policies of it's parent company postgraduate center for mental health but has not formally adopted them as its' own policies.

Filing and Contact Details

Filer

Filer Name
Fhmc Inc Fka Back on Track Inc
EIN
13-3809029
Phone
2125764100
Address
158 EAST 35TH STREET, NEW YORK, NY 10016

Signing Officer

Name
Jacob Barak Phd
Title
President & CEO
Phone
2125764100
Signed
2016-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jacob Barak Phd
Formed
1995
Legal Domicile
De
Voting Board Members
9
Independent Board Members
7
Employees
0
Volunteers
11

Preparer

Firm
PKF O'CONNOR DAVIES LLP
Address
500 MAMARONECK AVENUE, HARRISON, NY 10528-1633
Preparer
Garrett M Higgins
Phone
9143818900
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The fmhc, inc. Board assumes responsibility for the oversight of the audit of its financial statements and selection of its independent auditor. The policy for selection and oversight of the independent auditors has not changed since last year.

FORM 990, PART XI, LINE 8:

Management identified practices in its accounting that differed from guidance supported by u.s. Gaap or which there were errors in execution. As a result, the pcmh has restated its 2014 ending net assets at june 30, 2014 as follows: net assets at june 30, 2014 as previously reported: $564,664 equity adjustment: (648,383) net assets at june 30, 2014, as restated: $(83,719)

Financial Statement Notes

PART X, LINE 2:

Fhmc recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Management has determined that the fhmc had no uncertain tax positions that would require financial statement recognition or disclosure. Fhmc is no longer subject to examinations by the applicable taxing jurisdictions for the periods prior to june 30, 2012.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Revenue attributed to related entities 93,829,329.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Eliminations on consolidated financial statements 1,034,793.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Expenses attributed to related entities 40,643,970.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Eliminations on consolidated financial statements 1,034,793.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR OF FINANCE
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IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd00
IRS990/MissionDesc0FHMC, INC., IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS NOW IN EFFECT OR AS MAY HEREAFTER BE AMENDED (THE "CODE"). THE SPECIFIC PURPOSES FOR WHICH FHMC, INC., IS ORGANIZED AND SHALL BE OPERATED ARE PROVIDING FINANCIAL; TECHNICAL; REAL ESTATE HOLDING, LEASING, OPERATION AND DEVELOPMENT; MANAGEMENT; ADMINISTRATIVE; AND SIMILAR SUPPORT AND ASSISTANCE IN RESPECT OF ACTIVITIES AND INITIATIVES DIRECTED BY ITS SOLE MEMBER, POSTGRADUATE CENTER FOR MENTAL HEALTH.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0564664
IRS990/NetAssetsOrFundBalancesEOYAmt0471723
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt034649
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt034649
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt017824
IRS990/OfficeExpensesGrp/TotalAmt017824
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt0777533
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0ALLOCATED SALARIES
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/ProgramServicesAmt0257875
IRS990/OtherExpensesGrp/ProgramServicesAmt1314
IRS990/OtherExpensesGrp/TotalAmt0257875
IRS990/OtherExpensesGrp/TotalAmt1314
IRS990/OtherLiabilitiesGrp/BOYAmt03378928
IRS990/OtherLiabilitiesGrp/EOYAmt03332166
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt043827
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt043827
IRS990/OtherRevenueTotalAmt043827
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JACOB BARAK PHD
IRS990/PriorPeriodAdjustmentsAmt0-648383
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/Desc0DEVELOPERS FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0760681
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0760681
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0277
IRS990/PYOtherExpensesAmt0296888
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0861275
IRS990/PYRevenuesLessExpensesAmt0564664
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0296888
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0861552
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0555442
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0760681
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01252399
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02215994
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS - 2014 AMOUNT: $ 43,827.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01512
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0277
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01789
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0760681
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0861275
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01621956
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01512
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0277
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01789
IRS990ScheduleA/InvestmentIncomeCYPct00.00110
IRS990ScheduleA/InvestmentIncomePYPct00.00030
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt043827
IRS990ScheduleA/OtherIncome509Grp/TotalAmt043827
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97260
IRS990ScheduleA/PublicSupportPY509Pct00.99970
IRS990ScheduleA/PublicSupportTotal509Amt01621956
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0760681
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0861275
IRS990ScheduleA/Total509Grp/TotalAmt01621956
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0806020
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0861552
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01667572
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt040643970
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01034793
IRS990ScheduleD/ExpensesSubtotalAmt0-749566
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0777533
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM AFFILIATE
IRS990ScheduleD/OtherExpensesIncludedAmt040643970
IRS990ScheduleD/OtherExpensesNotIncludedAmt01034793
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03332166
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATE - CONSTRUCTION LOAN
IRS990ScheduleD/OtherRevenueAmt093829329
IRS990ScheduleD/OtherRevenuesNotIncludedAmt01034793
IRS990ScheduleD/RevenueNotReportedAmt093829329
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01034793
IRS990ScheduleD/RevenueSubtotalAmt0-194124
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FHMC RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE FHMC HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. FHMC IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR THE PERIODS PRIOR TO JUNE 30, 2012.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1REVENUE ATTRIBUTED TO RELATED ENTITIES 93,829,329.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2ELIMINATIONS ON CONSOLIDATED FINANCIAL STATEMENTS 1,034,793.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3EXPENSES ATTRIBUTED TO RELATED ENTITIES 40,643,970.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4ELIMINATIONS ON CONSOLIDATED FINANCIAL STATEMENTS 1,034,793.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc4PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0777533
IRS990ScheduleD/TotalExpensesPerForm990Amt0285227
IRS990ScheduleD/TotalLiabilityAmt03332166
IRS990ScheduleD/TotalRevenuePerForm990Amt0840669
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt093635205
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt039894404
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt045500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt135000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt2273000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0176619
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1140951
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2392555
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt2177829
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt050000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt150000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt2136310
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt09938
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt16924
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt230011
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt2181779
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MARCIA B HOLMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1HAROLD MOSS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2JACOB BARAK PHD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0VICE PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2PRESIDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0282057
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1232875
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt21013655
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0FHMC, INC. DOES NOT PROVIDE COMPENSATION TO ANY OF ITS TOP MANAGEMENT OFFICIALS. THE SALARY PAID TO TOP MANAGEMENT OFFICIALS IS PAID BY POSTGRADUATE CENTER FOR MENTAL HEALTH, A RELATED ORGANIZATION. THE FOLLOWING IS THEIR COMPENSATION POLICY. COMPENSATION OF THE CEO IS BASED ON COMPENSATION STUDIES DONE BY AN INDEPENDENT CONSULTING FIRM ANNUALLY. THE COMPENSATION COMMITTEE DETERMINES AND APPROVES THE CEO'S COMPENSATION PACKAGE AND COMMUNICATES THEIR APPROVAL TO THE DIRECTOR OF FINANCE.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1JACOB BARAK, PHD PARTICIPATES IN A 457(F) RETIREMENT PLAN. DURING THE YEAR POSTGRADUATE CENTER FOR MENTAL HEALTH CONTRIBUTED $79,147 INTO THE PLAN ON HIS BEHALF. THIS AMOUNT IS INCLUDED IN THE AMOUNT REPORTED ON SCHEDULE J, PART II, COLUMN C. JACOB BARAK RECEIVED A DISTRIBUTION FROM A SECTION 457(F) PLAN IN THE AMOUNT OF $177,829. THE AMOUNT WAS INCLUDED IN HIS 2014 W-2 AND IS INCLUDED IN THE AMOUNT ON SCHEDULE J, PART II, COLUMN B (III).
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt2IN ACCORDANCE WITH THE REQUIREMENTS OF THE IRS FORM 990 THE AMOUNTS REPORTED FOR PART VII COMPENSATION MUST BE CONSISTENT WITH THE FORM W-2 ISSUED TO EACH EMPLOYEE FOR THE YEAR ENDED 12/31/14 WHILE THE FINANCIAL INFORMATION REPORTED FOR THE ORGANIZATION IS FOR THE FISCAL PERIOD OF 7/1/14 TO 6/30/15. THE COMPENSATION REPORTED FOR THE CEO FOR THIS PERIOD INCLUDED AN AMOUNT DEFERRED AND INVESTED IN 2005, THIS PAYOUT OF $177,829 INCLUDES STOCK APPRECIATION AND INTEREST INCOME OVER AND ABOVE THE INITIAL INVESTED AMOUNT. THE CEO BECAME FULLY VESTED IN THESE FUNDS DURING THE 2014 YEAR SO THESE FUNDS WERE PAID OUT AS PART OF HIS PAYROLL IN ORDER TO COLLECT AND PAY THE APPROPRIATE TAXES DUE. ADDITIONALLY, DR. BARAK'S SALARY IS ALLOCATED AMONG THREE SEPARATE ENTITIES, PCMH, FHMC (A REAL ESTATE DEVELOPMENT COMPANY) AND CHC (A MANAGEMENT AND PROPERTY COMPANY).
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I, LINE 4B
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, SCHEDULE J, PART II:
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ADA MORE-BENEFORE AND MITCH BENEFORE HAVE A FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION AMENDED ITS ARTICLES OF INCORPORATION ON NOVEMBER 26, 2013 TO MAKE THE FOLLOWING CHANGES: 1. TO CHANGE THE ORGANIZATION'S NAME FROM BACK ON TRACK, INC. TO FHMC, INC. 2. THE ORGANIZATION CHANGED ITS MISSION TO THE FOLLOWING: THE SPECIFIC PURPOSES FOR WHICH THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED ARE PROVIDING FINANCIAL; TECHNICAL; REAL ESTATE HOLDING, LEASING, OPERATION AND DEVELOPMENT; MANAGEMENT; ADMINISTRATIVE; AND SIMILAR SUPPORT AND ASSISTANCE IN RESPECT OF ACTIVITIES AND INITIATIVES DIRECTED BY ITS SOLE MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE POSTGRADUATE CENTER FOR MENTAL HEALTH IS THE SOLE MEMBER OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SOLE MEMBER OF THE ORGANIZATION, THE POSTGRADUATE CENTER FOR MENTAL HEALTH, HAS THE ABILITY TO APPOINT AND REMOVE BOARD MEMBERS TO THE GOVERNING BODY OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BYLAWS MAY BE AMENDED, REPEALED OR ADOPTED BY THE MEMBERS OF THE ORGANIZATION. ANY BYLAWS ADOPTED BY THE BOARD MAY BE MAY BE AMENDED OR REPEALED BY THE BOARD.

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