Civic Intelligence

Molecular Cardiology Institute Inc

EIN 22-3266836 • 501(c)3 • Highland Park, NJ

Profile

Medical research that benefits

75 Raritan AvenueHighland Park, NJ 08904

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2018

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

3rd percentile

-1356%

Higher net margin than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

5th percentile

-98%

Faster revenue growth than 5% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $27,873 (-100%) from 2017

Liabilities

Down

$0

Down $7,433 (-100%) from 2017

Net Assets

Down

$0

Down $20,440 (-100%) from 2017

Operations
Liabilities / Revenue62nd percentileNet Margin3rd percentile

Revenue

Down

$1,507

Down $59,505 (-98%) from 2017

Expenses

Down

$21,947

Down $20,310 (-48%) from 2017

Net Income

Down

-$20,440

Down $39,195 (-209%) from 2017

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0-$20KAssets 2011: $46,067Liabilities 2011: $1,235Net Assets 2011: $44,8322011Assets 2012: $7,098Liabilities 2012: $13,605Net Assets 2012: -$6,5072012Assets 2013: $4,377Liabilities 2013: $13,946Net Assets 2013: -$9,5692013Assets 2014: $33,428Liabilities 2014: $12,483Net Assets 2014: $20,9452014Assets 2015: $15,001Liabilities 2015: $12,225Net Assets 2015: $2,7762015Assets 2016: $12,929Liabilities 2016: $11,244Net Assets 2016: $1,6852016Assets 2017: $27,873Liabilities 2017: $7,433Net Assets 2017: $20,4402017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2018

Assets$0
Liabilities$0
Net Assets$0
Open 2018 Filing

Operations Trend

Revenue Growth5th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KExpenses 2011: $179,6422011Expenses 2012: $156,2272012Expenses 2013: $111,9782013Revenue 2014: $112,671Expenses 2014: $94,962Net Income 2014: $17,7092014Revenue 2015: $56,526Expenses 2015: $74,695Net Income 2015: -$18,1692015Revenue 2016: $60,303Expenses 2016: $61,394Net Income 2016: -$1,0912016Revenue 2017: $61,012Expenses 2017: $42,257Net Income 2017: $18,7552017Revenue 2018: $1,507Expenses 2018: $21,947Net Income 2018: -$20,4402018

Highlighted filing

2018

Revenue$1,507
Expenses$21,947
Net Income-$20,440
Open 2018 Filing

Filings

Most recent year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$1,507
Expenses
$21,947
Net income
-$20,440
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.02$0.22$0.20
2017Detailed filing. Detailed filing data is available for this year.$0.28$0.07$0.20$0.61$0.42$0.19
2016Detailed filing. Detailed filing data is available for this year.$0.13$0.11$0.02$0.60$0.61$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.15$0.12$0.03$0.57$0.75$0.18
2014Detailed filing. Detailed filing data is available for this year.$0.33$0.12$0.21$1.13$0.95$0.18
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.14$0.10$1.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.14$0.07$1.56
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.01$0.45$1.80
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Jun 30, 2018
Signed
Jun 6, 2018
Return Version
2017v2.2
Gross Receipts
$1,507
Mission and Program Overview

Mission

Medical research that benefits

Medical research that benefits universities, medical schools,hospitals and other doctors. Research output = textbooks.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$24,938--
Loans From Officers Directors$6,860--
Land, Buildings, and Equipment, Net$2,935--
Total Assets$27,873$0▼ $27,873
Liabilities
Other Liabilities$573--
Total Liabilities$7,433$0▼ $7,433
Net Assets / Fund Balance
Unrestricted Net Assets$20,440--
Total Net Assets Fund Balance$20,440$0▼ $20,440
Total Liabilities and Net Assets / Fund Balance$27,873$0▼ $27,873
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Dr Jose MarinDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$242
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$1,265
All Other Contributions
$242
Change in Net Assets
$-20,440
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$21,416
Salaries, Compensation, and Employee Benefits$531
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$8,132$2,710$0$10,842
Fees for Services Accounting$0$7,530$0$7,530
Other Expenses$653$218$0$871
Other Salaries and Wages$0$490$0$490
Office Expenses$0$490$0$490
Depreciation Depletion$26$61$0$87
Payroll Taxes$0$41$0$41
Total Functional Expenses$9,816$12,131$0$21,947
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
Loans from Officers, Directors, Trustees, and Key Employees$6,860--
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Tax Liabilities-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Molecular Cardiology Institute Inc
EIN
22-3266836
Phone
7322202929
Address
75 RARITAN AVENUE, HIGHLAND PARK, NJ 08904

Signing Officer

Name
Jose Marin
Title
Director
Phone
7322202929
Signed
2018-06-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jose Marin
Formed
1988
Legal Domicile
Nj
Voting Board Members
1
Independent Board Members
0
Employees
1
Volunteers
0

Preparer

Firm
Frazer Evangelista & Company LLC
Address
197 STATE ROUTE 18, EAST BRUNSWICK, NJ 08816
Preparer
Ralph J Evangelista CPA
Phone
7322498900
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“Prepared by independent accountant reviewed by director.”

Pt VI, Line 19

“No documents available to the public”

Raw XML Appendix316 raw XML fields

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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ReturnHeader/FilingSecurityInformation/IPTm013:38:40
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FRAZER EVANGELISTA & COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0197 STATE ROUTE 18
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EAST BRUNSWICK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008816
ReturnHeader/PreparerPersonGrp/PhoneNum07322498900
ReturnHeader/PreparerPersonGrp/PreparationDt02018-07-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RALPH J EVANGELISTA CPA
ReturnHeader/ReturnTs02018-07-09T13:38:49-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-10-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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