Civic Intelligence

The Phoenix Center Inc.

990 • Fiscal year 2018 • EIN 22-3114959

Jul 01, 2017 to Jun 30, 2018 • Filed on Dec 10, 2018

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

38th percentile

0.19x

Higher debt load relative to assets than 38% of similar nonprofits.

2018 filings • NTEE B • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

15th percentile

0.04x

Higher debt load relative to revenue than 15% of similar nonprofits.

2018 filings • NTEE B • $10M-$25M nonprofits • Source year 2018

Net Margin

36th percentile

0.4%

Higher net margin than 36% of similar nonprofits.

2018 filings • NTEE B • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

56th percentile

$189,949

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2018 filings • NTEE B • $10M-$25M nonprofits • Source year 2018

Asset Growth

43rd percentile

1.6%

Faster asset growth than 43% of similar nonprofits.

2018 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

55th percentile

6.5%

Faster revenue growth than 55% of similar nonprofits.

2018 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$2,575,140

Up $40,745 (+1.6%) from 2017

Net Assets

Up

$2,074,265

Up $48,740 (+2.4%) from 2017

Liabilities

Down

$500,875

Down $7,995 (-1.6%) from 2017

Revenue

Up

$13,304,632

Up $810,477 (+6.5%) from 2017

Expenses

Up

$13,255,892

Up $736,607 (+5.9%) from 2017

Net Income

Up

$48,740

Up $73,870 (+294%) from 2017

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

2018

Assets$2,575,140
Liabilities$500,875
Net Assets$2,074,265

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

2018

Revenue$13,304,632
Expenses$13,255,892
Net Income$48,740
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Dec 10, 2018
Return Version
2017v2.3
Gross Receipts
$13,312,784
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.

Private school for children with disabilities organized under the state of new jersey, department of education, rules and regulations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$1,293,158$1,453,042▲ $159,884
Land, Buildings, and Equipment, Net$643,722$579,621▼ $64,101
Savings and Temporary Cash Investments$367,597$423,244▲ $55,647
Prepaid Expenses and Deferred Charges$209,707$99,022▼ $110,685
Total Assets$2,534,395$2,575,140▲ $40,745
Other Assets Total$20,211$20,211→ $0
Liabilities
Accounts Payable and Accrued Expenses$411,543$437,211▲ $25,668
Other Liabilities$71,003$47,221▼ $23,782
Mortgage Notes Payable Secured by Investment Property$26,324$16,443▼ $9,881
Total Liabilities$508,870$500,875▼ $7,995
Net Assets / Fund Balance
Permanently Rstr Net Assets$1,576,706$1,650,747▲ $74,041
Unrestricted Net Assets$448,819$423,518▼ $25,301
Total Net Assets Fund Balance$2,025,525$2,074,265▲ $48,740
Total Liabilities and Net Assets / Fund Balance$2,534,395$2,575,140▲ $40,745

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$342,642$474,006$816,648
Equipment$236,979$569,796$806,775
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Julie MowerExecutive DiFT$179,961$9,988$189,949
Julie MowerExecutive Director-$179,961$9,988$189,949
Claire HoldsworthBusiness ManFT$162,061$9,017$171,078
Claire HoldsworthBusiness Manager-$162,061$9,017$171,078
Kathryn PassarottiPrincipalFT$135,853-$135,853
Kim WynbeekDirector RelatedFT$135,452-$135,452
Beth Psota-mieleTeacher/techFT$133,875-$133,875
Mary RoederOccupation TFT$120,150-$120,150
Laureen ProtomastroLearning COOFT$119,660-$119,660
Geraldine Gibbia G Gibbia Phd LLCFormer Ex Di-$18,107$15,756$33,863
James Balljb Autism ConsultingBoard Member-$9,900-$9,900

Board Members and Trustees

NameTitle
Iryna CareyPresident
Barbara ChiarieriBoard Member
Diane LilliBoard Member
George SpinaBoard Member
Jim RussomanoBoard Member
Maria SedlackBoard Member
Maryanne Degroote-strianoBoard Member
Natalie NeubauerBoard Member
Elizabeth CoptiSecretary
Andrew RovegnoTreasurer
Jennifer Mackay-augVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$137,121
Program Service Revenue
$13,167,847
Investment Income
$2,229
Other Revenue
$-2,565
All Other Contributions
$960
Change in Net Assets
$48,740

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 Table11$136,161
Total Noncash Contributions11$136,161

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,253,756
Revenue Not Reported on Financial Statements
$50,876
Revenue Not Reported on Form 990
$8,152
Other Revenue Adjustments
$50,876
Total Revenue per Audited Statements
$13,261,908
Total Revenue per Form 990
$13,304,632
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$11,774,627
Other Expenses$1,481,265
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$8,163,903$940,894-$9,104,797
Other Employee Benefits$1,084,882$125,161-$1,210,043
Payroll Taxes$688,665$105,361-$794,026
Occupancy$535,595$59,510-$595,105
Current Officers, Directors, Trustees, and Key Employees-$347,618-$347,618
Pension Plan Contributions$263,596$54,547-$318,143
Fees for Services Other$65,797$98,083-$163,880
Depreciation Depletion$120,044$6,161-$126,205
Insurance-$68,194-$68,194
Fees for Services Accounting-$57,158-$57,158
Travel$40,590$4,210-$44,800
Information Technology-$38,860-$38,860
Advertising-$28,353-$28,353
Office Expenses-$27,038-$27,038
Conferences and Meetings$16,808$9,709-$26,517
Other Expenses$37,522$12,124-$12,124
Interest-$11,185-$11,185
All Other Expenses$6,187$4,948-$11,135
Fees for Services Legal-$5,525-$5,525
Total Functional Expenses$11,176,633$2,079,259$0$13,255,892

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$13,255,892
Total Expenses per Audited Statements$13,213,168
Expenses per Audited Statements$13,205,016
Expenses Not Reported on Financial Statements$50,876
Other Expense Adjustments$50,876
Expenses Not Reported on Form 990$8,152
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$5,242
Fundraising Gross Income$2,139
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Board MemberConsulting ServicesNo$9,900
-Board MemberConsulting ServicesNo$7,714
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to School Districts$47,221
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
Yes
Business relationship with organization members
Yes
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 board member sister in law julie mower geraldine gibbia principal board member niece brianne holdsworth geraldine gibbia paraprof board member niece

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, 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 annually.

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 director 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
Julie Mower
Title
Executive Director
Phone
9735420743
Signed
2018-12-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Julie Mower
Formed
1991
Legal Domicile
Nj
Voting Board Members
13
Independent Board Members
13
Employees
262
Volunteers
20

Preparer

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

Additional Explanations

FORM 990 - ORGANIZATION'S 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.

Form 990, Part XI, Line 9

Expenses net against revenues 8,152 interest income net w/ interest expense -29 gain on sale, net with depreciation -2,200 food service sales net with expenses -48,647 fund raising expenses net w/ revenue -8,152 interest income net w/ interest expense 29 gain on sale net with depreciation 2,200 food service sales net with costs 48,647

Financial Statement Notes

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

Expenses net against revenues 8,152

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

Interest income net w/ interest expense 29 gain on sale, net with depreciation 2,200 food service sales net with expenses 48,647

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

Fund raising expenses net w/ revenue 8,152

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

Interest income net w/ interest expense 29 gain on sale net with depreciation 2,200 food service sales net with costs 48,647

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IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY
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IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt14BUSINESS MAN
IRS990/Form990PartVIISectionAGrp/TitleTxt15PRINCIPAL
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIR RELATED
IRS990/Form990PartVIISectionAGrp/TitleTxt17TEACHER/TECH
IRS990/Form990PartVIISectionAGrp/TitleTxt18OCCUPATION T
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IRS990/MissionDesc0THE 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.
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IRS990/ProgramServiceRevenueGrp/Desc2FOOD SERVICES
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IRS990/ReportOtherAssetsInd0false
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IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0236979
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0569796
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0806775
IRS990ScheduleD/ExpensesNotReportedAmt08152
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt050876
IRS990ScheduleD/ExpensesSubtotalAmt013205016
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0342642
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0474006
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0816648
IRS990ScheduleD/OtherExpensesIncludedAmt08152
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt047221
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO SCHOOL DISTRICTS
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IRS990ScheduleD/RevenueNotReportedAmt08152
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt050876
IRS990ScheduleD/RevenueSubtotalAmt013253756
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0EXPENSES NET AGAINST REVENUES 8,152
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1INTEREST INCOME NET W/ INTEREST EXPENSE 29 GAIN ON SALE, NET WITH DEPRECIATION 2,200 FOOD SERVICE SALES NET WITH EXPENSES 48,647

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