Civic Intelligence

The Phoenix Center Inc.

990 • Fiscal year 2015 • EIN 22-3114959

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 12, 2016

16 Monsignor Owens PlaceNutley, NJ 07110

(973) 542-0743

Siviq Scores

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

Liabilities / Assets

40th percentile

0.18x

Higher debt load relative to assets than 40% of similar nonprofits.

2015 filings • NTEE B • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

17th percentile

0.03x

Higher debt load relative to revenue than 17% of similar nonprofits.

2015 filings • NTEE B • $10M-$25M nonprofits • Source year 2015

Net Margin

38th percentile

1.2%

Higher net margin than 38% of similar nonprofits.

2015 filings • NTEE B • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

67th percentile

$206,810

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2015 filings • NTEE B • $10M-$25M nonprofits • Source year 2015

Asset Growth

52nd percentile

2.8%

Faster asset growth than 52% of similar nonprofits.

2015 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

39th percentile

2.1%

Faster revenue growth than 39% of similar nonprofits.

2015 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2014 to 2015

Assets

Up

$2,262,578

Up $62,072 (+2.8%) from 2014

Net Assets

Up

$1,850,914

Up $146,473 (+8.6%) from 2014

Liabilities

Down

$411,664

Down $84,401 (-17%) from 2014

Revenue

Up

$12,132,125

Up $254,759 (+2.1%) from 2014

Expenses

Up

$11,985,652

Up $222,819 (+1.9%) from 2014

Net Income

Up

$146,473

Up $31,940 (+28%) from 2014

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $2,225,258Liabilities 2011: $843,306Net Assets 2011: $1,381,9522011Assets 2012: $1,878,473Liabilities 2012: $432,846Net Assets 2012: $1,445,6272012Assets 2013: $2,094,034Liabilities 2013: $504,127Net Assets 2013: $1,589,9072013Assets 2014: $2,200,506Liabilities 2014: $496,065Net Assets 2014: $1,704,4412014Assets 2015: $2,262,578Liabilities 2015: $411,664Net Assets 2015: $1,850,9142015Assets 2016: $2,510,886Liabilities 2016: $460,231Net Assets 2016: $2,050,6552016Assets 2017: $2,534,395Liabilities 2017: $508,870Net Assets 2017: $2,025,5252017Assets 2018: $2,575,140Liabilities 2018: $500,875Net Assets 2018: $2,074,2652018Assets 2019: $2,947,940Liabilities 2019: $772,383Net Assets 2019: $2,175,5572019Assets 2020: $5,089,753Liabilities 2020: $2,854,013Net Assets 2020: $2,235,7402020Assets 2021: $3,457,783Liabilities 2021: $1,453,739Net Assets 2021: $2,004,0442021Assets 2022: $3,177,919Liabilities 2022: $1,246,519Net Assets 2022: $1,931,4002022Assets 2023: $6,597,673Liabilities 2023: $4,731,946Net Assets 2023: $1,865,7272023Assets 2024: $7,147,708Liabilities 2024: $4,951,408Net Assets 2024: $2,196,3002024

Highlighted filing

2015

Assets$2,262,578
Liabilities$411,664
Net Assets$1,850,914

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MRevenue 2011: $10,366,522Expenses 2011: $10,323,801Net Income 2011: $42,7212011Revenue 2012: $10,931,945Expenses 2012: $10,868,268Net Income 2012: $63,6772012Revenue 2013: $11,527,875Expenses 2013: $11,383,595Net Income 2013: $144,2802013Revenue 2014: $11,877,366Expenses 2014: $11,762,833Net Income 2014: $114,5332014Revenue 2015: $12,132,125Expenses 2015: $11,985,652Net Income 2015: $146,4732015Revenue 2016: $12,827,969Expenses 2016: $12,628,228Net Income 2016: $199,7412016Revenue 2017: $12,494,155Expenses 2017: $12,519,285Net Income 2017: -$25,1302017Revenue 2018: $13,304,632Expenses 2018: $13,255,892Net Income 2018: $48,7402018Revenue 2019: $14,369,009Expenses 2019: $14,267,717Net Income 2019: $101,2922019Revenue 2020: $14,436,682Expenses 2020: $14,381,091Net Income 2020: $55,5912020Revenue 2021: $13,573,339Expenses 2021: $13,805,035Net Income 2021: -$231,6962021Revenue 2022: $13,374,384Expenses 2022: $13,447,028Net Income 2022: -$72,6442022Revenue 2023: $13,694,196Expenses 2023: $13,620,965Net Income 2023: $73,2312023Revenue 2024: $15,830,973Expenses 2024: $15,500,400Net Income 2024: $330,5732024

Highlighted filing

2015

Revenue$12,132,125
Expenses$11,985,652
Net Income$146,473
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 12, 2016
Return Version
2014v6.0
Gross Receipts
$12,138,957
Mission and Program Overview

Mission

The mission of the phoenix center, working in partnership with families and community, is to develop the potential of each student with significant developmental disabilities and those on the autism spectrum ages five through 21 and to provide customized, unique and individualized programs aligned with the new jersey core curriculum content standards. Promoting the development of the whole student, we care for, educate and empower our students and graduates so that they may develop life-centered skills which will prepare them for life beyond the classroom.

Provide a well integrated & therapeutic program focusing on the development of the whole child. The team approach provides diversified programming with emphasis on communication, independence, growth and success.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,251,890$998,310▼ $253,580
Accounts Receivable$575,042$647,717▲ $72,675
Land, Buildings, and Equipment, Net$266,161$475,174▲ $209,013
Prepaid Expenses and Deferred Charges$88,018$121,166▲ $33,148
Total Assets$2,200,506$2,262,578▲ $62,072
Other Assets Total$19,395$20,211▲ $816
Liabilities
Accounts Payable and Accrued Expenses$448,509$319,683▼ $128,826
Other Liabilities$11,292$62,549▲ $51,257
Mortgage Notes Payable Secured by Investment Property$36,264$26,108▼ $10,156
Deferred Revenue-$3,324-
Total Liabilities$496,065$411,664▼ $84,401
Net Assets / Fund Balance
Permanently Rstr Net Assets$1,488,886$1,554,987▲ $66,101
Unrestricted Net Assets$215,555$295,927▲ $80,372
Total Net Assets Fund Balance$1,704,441$1,850,914▲ $146,473
Total Liabilities and Net Assets / Fund Balance$2,200,506$2,262,578▲ $62,072

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$302,307$351,971$654,278
Leasehold Improvements$172,867$379,854$552,721
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Geraldine Gibbia Non VotingExecutive DiPT$192,958$13,852$206,810
Geraldine Gibbia Non VotingExecutive Director-$189,394$17,416$206,810
Claire HoldsworthPrincipalFT$142,137$10,743$152,880
Claire HoldsworthBusiness Manager-$139,303$13,577$152,880
Mary Roeder-FT$116,717$21,687$138,404
Julie MowerTeacher/techFT$130,160$4,740$134,900
Beth Psota-mieleSpeech SuperFT$124,509$4,378$128,887
Kim WynbeekUnit SuperviFT$119,818$4,199$124,017

Board Members and Trustees

NameTitle
George SpinaBoard Member
Iryna CareyBoard Member
Jennifer MackayBoard Member
Susan MitchellBoard Member
Maria SedlackBoard Presid
James BallBusiness Man
Richard ClaydonSecretary
Andrew RovegnoTreasurer
Carolyn GretchenVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$212,555
Program Service Revenue
$11,913,730
Investment Income
$5
Other Revenue
$5,835
All Other Contributions
$212,555
Change in Net Assets
$146,473

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table10$212,555
Total Noncash Contributions10$212,555

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,132,120
Revenue Not Reported on Financial Statements
$5
Revenue Not Reported on Form 990
$6,832
Other Revenue Adjustments
$5
Total Revenue per Audited Statements
$12,138,952
Total Revenue per Form 990
$12,132,125
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$10,693,777
Other Expenses$1,291,350
Grants and Similar Amounts Paid$525
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$7,301,983$949,316-$8,251,299
Other Employee Benefits$1,145,452$115,266-$1,260,718
Payroll Taxes$643,078$100,801-$743,879
Occupancy$489,468$54,385-$543,853
Pension Plan Contributions$203,202$39,426-$242,628
Current Officers, Directors, Trustees, and Key Employees-$195,253-$195,253
Fees for Services Other$71,152$84,249-$155,401
Depreciation Depletion$76,003$4,159-$80,162
Insurance$61,169$4,966-$66,135
All Other Expenses$38,364$18,233-$56,597
Fees for Services Accounting-$56,300-$56,300
Fees for Services Legal-$32,883-$32,883
Other Expenses$59,591$26,681-$26,681
Office Expenses-$14,954-$14,954
Conferences and Meetings$563$7,628-$8,191
Advertising-$4,376-$4,376
Interest-$2,113-$2,113
Travel$1,346--$1,346
Grants to Domestic Orgs$525--$525
Total Functional Expenses$10,209,257$1,776,395$0$11,985,652

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$11,992,479
Total Expenses per Form 990$11,985,652
Expenses per Audited Statements$11,985,647
Expenses Not Reported on Form 990$6,832
Expenses Not Reported on Financial Statements$5
Other Expense Adjustments$5
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$7,532
Fundraising Direct Expenses$4,638
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 School Districts$62,549
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Claire holdsworth geraldine gibbia business mgr exc director sister in law julie mower geraldine gibbia principal exc director niece andrea mannes douglas berrian emply spec director cousin kevin gaynor geraldine gibbia job devlopmt exc director husband

Form 990, Page 6, Part VI, Line 11B

A copy the form 990 will be presented to the finance committee for the inital review and approval and then presented at the next regularly scheduled quarterly board meeting and will be reviewed and approved by the board members prior to filing with the irs.

Form 990, Page 6, Part VI, Line 12C

The policy shall be distibuted to all members of the board of directors, administrators, certified and non-certified staff members, business and office personnel and all other employees annually and such individuals shall be asked to sign a copy of the policy annually

Form 990, Page 6, Part VI, Line 15A

The state of new jersey, department of education determine and publish a maximum salary guideline by county, by position each year for the compensation of the executive director, assistant executive director and other top management officials. The salaries of the directors and top managment officials are presented to the governing board in a budget that is approved anually.

Form 990, Page 6, Part VI, Line 15B

The state of new jersey, department of education determine and publish a maximum salary guideline by county, by job description each year for other officers or key employees. These salaries are included in a budget that is presented to the board for review and approval

Form 990, Page 6, Part VI, Line 19

Governing documents are available for inspection at the school during its regular business hours through contact made to the executive directors via the school's web site or other written communications

Filing and Contact Details

Filer

Filer Name
The Phoenix Center Inc
EIN
22-3114959
Phone
9735420743
Address
16 MONSIGNOR OWENS PLACE, NUTLEY, NJ 07110

Signing Officer

Name
Geraldine Gibbia
Title
Executive Director
Phone
9735420743
Signed
2016-01-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Geraldine Gibbia
Formed
1991
Legal Domicile
Nj
Voting Board Members
9
Independent Board Members
9
Employees
261
Volunteers
10

Preparer

Firm
De Meola Zawacki Mingione & Co LLC
Address
33 SICOMAC RD STE 301, NORTH HALEDON, NJ 07508-2954
Preparer
Charles De Meola CPA
Phone
9732219990
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Expenses net against revenues 6,832 interst earned net against expense -5 fund raising expenses net w/ revenue -6,832 interst earned net against expense 5

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Expenses net against revenues 6,832

Schedule D, Page 4, Part XI, Line 4B

Interst earned net against expense 5

Schedule D, Page 4, Part XII, Line 2D

Fund raising expenses net w/ revenue 6,832

Schedule D, Page 4, Part XII, Line 4B

Interst earned net against expense 5

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IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0552721
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IRS990ScheduleD/OtherExpensesNotIncludedAmt05
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO SCHOOL DISTRICTS
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IRS990ScheduleD/RevenueNotReportedFinclStmtAmt05
IRS990ScheduleD/RevenueSubtotalAmt012132120
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0EXPENSES NET AGAINST REVENUES 6,832
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1INTERST EARNED NET AGAINST EXPENSE 5
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUND RAISING EXPENSES NET W/ REVENUE 6,832
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3INTERST EARNED NET AGAINST EXPENSE 5
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3SCHEDULE D, PAGE 4, PART XII, LINE 4B
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IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.15$4.95$2.20$15.8$15.5$0.33
2023Detailed filing. Detailed filing data is available for this year.$6.60$4.73$1.87$13.7$13.6$0.07
2022Detailed filing. Detailed filing data is available for this year.$3.18$1.25$1.93$13.4$13.4$0.07
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.46$1.45$2.00$13.6$13.8$0.23
2020Detailed filing. Detailed filing data is available for this year.$5.09$2.85$2.24$14.4$14.4$0.06
2019Detailed filing. Detailed filing data is available for this year.$2.95$0.77$2.18$14.4$14.3$0.10
2018Detailed filing. Detailed filing data is available for this year.$2.58$0.50$2.07$13.3$13.3$0.05
2017Detailed filing. Detailed filing data is available for this year.$2.53$0.51$2.03$12.5$12.5$0.03
2016Detailed filing. Detailed filing data is available for this year.$2.51$0.46$2.05$12.8$12.6$0.20
2015Detailed filing. Detailed filing data is available for this year.$2.26$0.41$1.85$12.1$12.0$0.15
2014Summary only. Only limited summary data is available for this year.$2.20$0.50$1.70$11.9$11.8$0.11
2013Summary only. Only limited summary data is available for this year.$2.09$0.50$1.59$11.5$11.4$0.14
2012Summary only. Only limited summary data is available for this year.$1.88$0.43$1.45$10.9$10.9$0.06
2011Summary only. Only limited summary data is available for this year.$2.23$0.84$1.38$10.4$10.3$0.04