Form 990, Part VI, Line 11B: Form 990 Review Process
“The form 990 is reviewed by msi's management and the board directors, before filing.”
990 • Fiscal year 2021 • EIN 20-1399331
Scores are not available for this record yet.
Assets
Down$53,138
Down $126,547 (-70%) from 2020
Net Assets
Up$25,274
Up $57,343 (+179%) from 2020
Liabilities
Down$27,864
Down $183,890 (-87%) from 2020
Revenue
Down$313,708
Down $73,234 (-19%) from 2020
Expenses
Down$287,879
Down $43,169 (-13%) from 2020
Net Income
Down$25,829
Down $30,065 (-54%) from 2020
Msi ahec has successfully delivered high quality health professions education,experience and exploration programs for the past 14 years. Through student contact we are aware that 100 % of our students have completed high school. Many have completed college, and health profession schools over the years. Msi ahec has alsostrategically collaborated with several community-based partners to achieve itsgoals. This groups includes major hospitals, health centers, and institutions ofhigher education.
As a member of the New York State AHEC Program, the overall mission is to enhance access to quality health care and improve health care outcomes by addressing the health workforce needs of medically disadvantaged communities and populations through partnerships between institutions that train health professionals and communities that need them most.Within this broad scope, MSI AHEC is missioned to increase the diversity and distribution of health professionals, particularly in medically underserved communities through the successful delivery of health professions education, exposure and experience for high school, college and health profession students.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Accounts Receivable | $94,450 | $36,871 | ▼ $57,579 |
| Cash and Non-Interest-Bearing Accounts | $21,063 | $10,046 | ▼ $11,017 |
| Land, Buildings, and Equipment, Net | $4,208 | $0 | ▼ $4,208 |
| Prepaid Expenses and Deferred Charges | $1,360 | $2,471 | ▲ $1,111 |
| Savings and Temporary Cash Investments | - | $0 | - |
| Other Notes and Loans Receivable, Net | - | $0 | - |
| Pledges and Grants Receivable | - | $0 | - |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | - | $0 | - |
| Investments Other Securities | - | $0 | - |
| Investments Program Related | - | $0 | - |
| Investments in Publicly Traded Securities | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Inventories for Sale or Use | - | $0 | - |
| Total Assets | $124,231 | $53,138 | ▼ $71,093 |
| Other Assets Total | $3,150 | $3,750 | ▲ $600 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $27,254 | $26,282 | ▼ $972 |
| Other Liabilities | $97,532 | $1,582 | ▼ $95,950 |
| Total Liabilities | $124,786 | $27,864 | ▼ $96,922 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-555 | $25,274 | ▲ $25,829 |
| Total Net Assets Fund Balance | $-555 | $25,274 | ▲ $25,829 |
| Total Liabilities and Net Assets / Fund Balance | $124,231 | $53,138 | ▼ $71,093 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Assets Org | $3,750 | - | - |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Mary J Mitchell | Executive Director | FT | $112,744 | $112,744 |
| Name | Title |
|---|---|
| Vivian Torres-suarez Rn | board chair |
| Robert Maruca | Board Member |
| Shena Elrington | Board Member |
| Tanya Rogo | Board Member |
| Victor Mosquera | Board Member |
| Maxine Golub Mph | Director |
| Justin T Brown Phd | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $248,718 |
| Total Fundraising Expense | $48,041 |
| Other Expenses | $39,161 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $64,264 | $27,059 | $21,421 | $112,744 |
| Other Salaries and Wages | $55,355 | $23,308 | $18,452 | $97,115 |
| Other Employee Benefits | $12,804 | $5,391 | $4,268 | $22,463 |
| Payroll Taxes | $9,346 | $3,935 | $3,115 | $16,396 |
| Fees for Services Other | - | $8,776 | - | $8,776 |
| Occupancy | $1,392 | $5,566 | - | $6,958 |
| Office Expenses | $3,100 | $1,034 | - | $4,134 |
| Insurance | $2,440 | $813 | - | $3,253 |
| Advertising | - | $1,378 | $591 | $1,969 |
| Conferences and Meetings | $1,473 | $184 | $184 | $1,841 |
| All Other Expenses | $464 | $832 | - | $1,296 |
| Interest | - | $987 | - | $987 |
| Other Expenses | $384 | $384 | - | $768 |
| Travel | $28 | $10 | $10 | $48 |
| Total Functional Expenses | $151,986 | $87,852 | $48,041 | $287,879 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $287,879 |
| Total Expenses per Audited Statements | $287,879 |
| Total Expenses per Form 990 | $287,879 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
| Liability | Amount |
|---|---|
| Due to Ifh | $1,582 |
“The form 990 is reviewed by msi's management and the board directors, before filing.”
“On an annual basis all board members sign a conflict of interest statement. Thechair of the board ensures that all signed forms are received from the board andmade available to the auditors during the audit process. The chair of the board alsomeets with each board member on a quarterly basis to discuss how a possible conflictof interest can arise and reviews for possible conflicts on a quarterly basis.”
“COMPENSATION OF Executive Director ARE CAREFULLY REVIEWED BY THE BOARD.”
“Governing documents disclosure explanation. All policies/documents that are requiredto be provided to the public are available upon request.”
“Amended return after the financials were audited.”
“MSI, Inc. has adopted the provisions of the Financial Accounting Standards Board's ("FASB") ASC Topic 740, Income taxes, relating to accounting and reporting for uncertainty in income taxes. Management has determined that there are no material uncertain tax provisions that require recognition or disclosure in the financial statements.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/Desc | 0 | MSI AHEC has successfully delivered high quality health professions education, experience and exploration programs for the past 17 years. Through student contact we are aware that 100% of our students have completed high school. Many have completed college, and health profession schools over the years. MSI AHEC has also strategically collaborated with more than 50 academic and community-based partners to achieve its goals. These groups include major hospitals, health centers, and institutions of higher education. |
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| IRS990/PrincipalOfficerNm | 0 | Mary J Mitchell MPA |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | MSI, Inc. has adopted the provisions of the Financial Accounting Standards Board's ("FASB") ASC Topic 740, Income taxes, relating to accounting and reporting for uncertainty in income taxes. Management has determined that there are no material uncertain tax provisions that require recognition or disclosure in the financial statements. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part X : FIN48 Footnote |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE FORM 990 IS REVIEWED BY MSI'S MANAGEMENT AND THE BOARD DIRECTORS, BEFORE FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ON AN ANNUAL BASIS ALL BOARD MEMBERS SIGN A CONFLICT OF INTEREST STATEMENT. THECHAIR OF THE BOARD ENSURES THAT ALL SIGNED FORMS ARE RECEIVED FROM THE BOARD ANDMADE AVAILABLE TO THE AUDITORS DURING THE AUDIT PROCESS. THE CHAIR OF THE BOARD ALSOMEETS WITH EACH BOARD MEMBER ON A QUARTERLY BASIS TO DISCUSS HOW A POSSIBLE CONFLICTOF INTEREST CAN ARISE AND REVIEWS FOR POSSIBLE CONFLICTS ON A QUARTERLY BASIS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | COMPENSATION OF Executive Director ARE CAREFULLY REVIEWED BY THE BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | GOVERNING DOCUMENTS DISCLOSURE EXPLANATION. ALL POLICIES/DOCUMENTS THAT ARE REQUIREDTO BE PROVIDED TO THE PUBLIC ARE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | AMENDED RETURN AFTER THE FINANCIALS WERE AUDITED. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Line 11b: Form 990 Review Process |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Line 19: Other Organization Documents Publicly Available |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Amended Explanation |
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Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.