Civic Intelligence

Morningside Retirement & Health Services Inc.

990 • Fiscal year 2019 • EIN 13-6206256

Jan 01, 2019 to Dec 31, 2019 • Filed on Aug 24, 2020

100 Lasalle StreetNew York, NY 10027

(212) 666-4000

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.02x

Higher debt load relative to assets than 23% of similar nonprofits.

2019 filings • NTEE P • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

49th percentile

0.08x

Higher debt load relative to revenue than 49% of similar nonprofits.

2019 filings • NTEE P • $1M-$5M nonprofits • Source year 2019

Net Margin

46th percentile

1.4%

Higher net margin than 46% of similar nonprofits.

2019 filings • NTEE P • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

80th percentile

$145,109

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 19.4% of source-year revenue.

2019 filings • NTEE P • $1M-$5M nonprofits • Source year 2019

Asset Growth

38th percentile

-0.1%

Faster asset growth than 38% of similar nonprofits.

2019 filings • NTEE P • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

84th percentile

33%

Faster revenue growth than 84% of similar nonprofits.

2019 filings • NTEE P • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$2,510,143

Down $2,289 (-0.1%) from 2018

Net Assets

Up

$2,447,629

Up $10,274 (+0.4%) from 2018

Liabilities

Down

$62,514

Down $12,563 (-17%) from 2018

Revenue

Up

$747,148

Up $185,621 (+33%) from 2018

Expenses

Down

$736,874

Down $10,676 (-1.4%) from 2018

Net Income

Up

$10,274

Up $196,297 (+106%) from 2018

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $1,534,546Liabilities 2010: $67,708Net Assets 2010: $1,466,8382010Assets 2011: $1,447,116Liabilities 2011: $64,737Net Assets 2011: $1,382,3792011Assets 2012: $1,460,200Liabilities 2012: $78,586Net Assets 2012: $1,381,6142012Assets 2013: $1,640,906Liabilities 2013: $86,486Net Assets 2013: $1,554,4202013Assets 2014: $1,523,992Liabilities 2014: $50,990Net Assets 2014: $1,473,0022014Assets 2015: $1,716,297Liabilities 2015: $80,570Net Assets 2015: $1,635,7272015Assets 2016: $2,321,877Liabilities 2016: $195,191Net Assets 2016: $2,126,6862016Assets 2017: $2,788,603Liabilities 2017: $165,225Net Assets 2017: $2,623,3782017Assets 2018: $2,512,432Liabilities 2018: $75,077Net Assets 2018: $2,437,3552018Assets 2019: $2,510,143Liabilities 2019: $62,514Net Assets 2019: $2,447,6292019Assets 2020: $3,229,247Liabilities 2020: $135,264Net Assets 2020: $3,093,9832020Assets 2021: $3,334,863Liabilities 2021: $59,117Net Assets 2021: $3,275,7462021Assets 2022: $3,282,589Liabilities 2022: $165,683Net Assets 2022: $3,116,9062022Assets 2023: $3,264,640Liabilities 2023: $197,842Net Assets 2023: $3,066,7982023Assets 2024: $3,925,037Liabilities 2024: $156,421Net Assets 2024: $3,768,6162024

Highlighted filing

2019

Assets$2,510,143
Liabilities$62,514
Net Assets$2,447,629

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2010: $555,519Expenses 2010: $564,218Net Income 2010: -$8,6992010Expenses 2011: $577,0672011Expenses 2012: $598,9922012Revenue 2013: $637,591Expenses 2013: $577,892Net Income 2013: $59,6992013Revenue 2014: $562,006Expenses 2014: $643,424Net Income 2014: -$81,4182014Revenue 2015: $850,641Expenses 2015: $687,916Net Income 2015: $162,7252015Revenue 2016: $1,174,815Expenses 2016: $683,856Net Income 2016: $490,9592016Revenue 2017: $1,232,391Expenses 2017: $735,699Net Income 2017: $496,6922017Revenue 2018: $561,527Expenses 2018: $747,550Net Income 2018: -$186,0232018Revenue 2019: $747,148Expenses 2019: $736,874Net Income 2019: $10,2742019Revenue 2020: $1,337,195Expenses 2020: $690,841Net Income 2020: $646,3542020Revenue 2021: $986,609Expenses 2021: $804,846Net Income 2021: $181,7632021Revenue 2022: $747,060Expenses 2022: $905,900Net Income 2022: -$158,8402022Revenue 2023: $922,350Expenses 2023: $1,076,708Net Income 2023: -$154,3582023Revenue 2024: $1,633,058Expenses 2024: $1,021,345Net Income 2024: $611,7132024

Highlighted filing

2019

Revenue$747,148
Expenses$736,874
Net Income$10,274
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Aug 24, 2020
Return Version
2019v5.0
Gross Receipts
$747,148
Mission and Program Overview

Mission

The purpose of the organization is to provide services to frail and at-risk elderly residents to enable them to remain comfortably in their own homes for as long as possible. Mrhs also offers a variety of social, educational and recreational programs for older adults.

The purpose of the organization is to provide services to frail and at-risk elderly residents to enable them to remain comfortably in their own homes for as long as possible.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,222,166$1,159,429▼ $62,737
Investments Other Securities$789,452$903,414▲ $113,962
Cash and Non-Interest-Bearing Accounts$371,435$339,557▼ $31,878
Pledges and Grants Receivable$120,340$96,161▼ $24,179
Accounts Receivable-$8,497-
Prepaid Expenses and Deferred Charges$9,039$3,085▼ $5,954
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,512,432$2,510,143▼ $2,289
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$75,076$62,514▼ $12,562
Other Liabilities$1--
Total Liabilities$75,077$62,514▼ $12,563
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,437,355$2,447,629▲ $10,274
Total Net Assets Fund Balance$2,437,355$2,447,629▲ $10,274
Total Liabilities and Net Assets / Fund Balance$2,512,432$2,510,143▼ $2,289

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,113,670$122,633$1,236,303
Other Land Buildings$23,526$61,439$84,965
Equipment$22,233$22,349$44,582
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ronald BrunoExecutive DirectorFT$108,385$36,724$145,109

Board Members and Trustees

NameTitle
Michael DavidsonPresident
Elise RackmillVice President
Anne BurleyBoard Member
Anne MosesBoard Member
Christine PawelskiBoard Member
Edward FortierBoard Member
Harriet Chan KingBoard Member
Mark SpeyerBoard Member
Nora ArmaniBoard Member
Ozier MuhammadBoard Member
Robert HillBoard Member
Sharon Lockhart-carterBoard Member
Tonia Papke WaterburyBoard Member
Cynthia RockSecretary
Conor GaffneyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$567,839
Program Service Revenue
$35,029
Investment Income
$144,280
Other Revenue
$0
All Other Contributions
$179,695
Change in Net Assets
$10,274

Audited Revenue Reconciliation

Revenue per Audited Statements
$747,148
Revenue Not Reported on Form 990
$44,400
Total Revenue per Audited Statements
$791,548
Total Revenue per Form 990
$747,148
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$394,553
Other Expenses$342,321
Total Fundraising Expense$20,461
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$139,197$29,602$6,713$175,512
Other Employee Benefits$88,052$18,297$4,307$110,656
Current Officers, Directors, Trustees, and Key Employees$86,708$17,341$4,336$108,385
Depreciation Depletion$57,501$11,949$2,812$72,262
Fees for Services Accounting-$38,837-$38,837
Occupancy$19,215$3,993$940$24,148
Other Expenses$14,335$4,756$1,120$14,335
Insurance-$13,084-$13,084
All Other Expenses$8,459$1,841$233$10,533
Total Functional Expenses$576,713$139,700$20,461$736,874

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$781,274
Expenses per Audited Statements$736,874
Total Expenses per Form 990$736,874
Expenses Not Reported on Form 990$44,400
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-
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 35% controlled entity
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

A draft of form 990 is distributed to board members for review and comments prior to filing.

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

Annual declarations are required and collected from board members stating that they are in compliance with the c.o.i. Policy. Policy is followed for any conflicts that do arise.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Personnel committee of the board of directors evaluates the performance of the executive director. Using industry salary surveys and the evaluation, the committee determines compensation of the executive director and/or changes each year.

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

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Morningside Retirement
EIN
13-6206256
Phone
2126664000
Address
100 LASALLE STREET, NEW YORK, NY 10027

Signing Officer

Name
Ronald Bruno
Title
Executive Director
Signed
2020-08-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ronald Bruno
Formed
1966
Legal Domicile
Ny
Voting Board Members
15
Independent Board Members
15
Employees
4
Volunteers
178

Preparer

Firm
Gary S Eisenkraft CPA
Address
271 Madison Avenue Suite 602, New York, NY 10016
Preparer
Gary S Eisenkraft CPA
Phone
2126892655
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IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt10Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt11Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt12Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt13Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt14President
IRS990/Form990PartVIISectionAGrp/TitleTxt15Board Member
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IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02437355
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02447629
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IRS990/OccupancyGrp/ManagementAndGeneralAmt03993
IRS990/OccupancyGrp/ProgramServicesAmt019215
IRS990/OccupancyGrp/TotalAmt024148
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt088052
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0110656
IRS990/OtherExpensesGrp/Desc0CONTRACTED HOME HEALTH SERVICE
IRS990/OtherExpensesGrp/Desc1CLIENT ACTIVITIES
IRS990/OtherExpensesGrp/Desc2SUPPLIES AND PRINTING
IRS990/OtherExpensesGrp/Desc3PUBLICATIONS
IRS990/OtherExpensesGrp/FundraisingAmt01120
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04756
IRS990/OtherExpensesGrp/ProgramServicesAmt091626
IRS990/OtherExpensesGrp/ProgramServicesAmt148731
IRS990/OtherExpensesGrp/ProgramServicesAmt222889
IRS990/OtherExpensesGrp/ProgramServicesAmt314335
IRS990/OtherExpensesGrp/TotalAmt091626
IRS990/OtherExpensesGrp/TotalAmt148731
IRS990/OtherExpensesGrp/TotalAmt228765
IRS990/OtherExpensesGrp/TotalAmt314335
IRS990/OtherLiabilitiesGrp/BOYAmt01
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IRS990/OtherSalariesAndWagesGrp/FundraisingAmt06713
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt029602
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0139197
IRS990/OtherSalariesAndWagesGrp/TotalAmt0175512
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
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IRS990/PayPremiumsPrsnlBnftCntrctInd0false
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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt096161
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09039
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03085
IRS990/PrincipalOfficerNm0RONALD BRUNO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0623990
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt035029
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IRS990/ProhibitedTaxShelterTransInd0false
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IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-43118
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IRS990/PYOtherExpensesAmt0362725
IRS990/PYProgramServiceRevenueAmt025534
IRS990/PYRevenuesLessExpensesAmt0-186023
IRS990/PYSalariesCompEmpBnftPaidAmt0384825
IRS990/PYTotalExpensesAmt0747550
IRS990/PYTotalRevenueAmt0561527
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt010274
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
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IRS990/ReportProgramRelatedInvstInd0false
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01108125
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01098428
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0831072
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04184575
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0144280
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0-43118
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0124266
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt047497
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0-5347
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0267578
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0163903
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IRS990ScheduleA/PublicSupportPY170Pct00.91480
IRS990ScheduleA/PublicSupportTotal170Amt04053918
IRS990ScheduleA/SubstantialContributorsTotAmt0130657
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01108125
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01098428
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0831072
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04184575
IRS990ScheduleA/TotalSupportAmt04452153
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.93$0.16$3.77$1.63$1.02$0.61
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.26$0.20$3.07$0.92$1.08$0.15
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.28$0.17$3.12$0.75$0.91$0.16
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.33$0.06$3.28$0.99$0.80$0.18
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.23$0.14$3.09$1.34$0.69$0.65
2019Detailed filing. Detailed filing data is available for this year.$2.51$0.06$2.45$0.75$0.74$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.51$0.08$2.44$0.56$0.75$0.19
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.79$0.17$2.62$1.23$0.74$0.50
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.32$0.20$2.13$1.17$0.68$0.49
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.72$0.08$1.64$0.85$0.69$0.16
2014Detailed filing. Detailed filing data is available for this year.$1.52$0.05$1.47$0.56$0.64$0.08
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.64$0.09$1.55$0.64$0.58$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.46$0.08$1.38$0.60
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.45$0.06$1.38$0.58
2010Summary only. Only limited summary data is available for this year.$1.53$0.07$1.47$0.56$0.56$0.01