Civic Intelligence

Oaks Integrated Care Inc

990 • Fiscal year 2016 • EIN 23-7048397

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 14, 2017

770 Woodlane Road Suite 63Mount Holly, NJ 08060

(609) 267-5928

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.61x

Higher debt load relative to assets than 72% of similar nonprofits.

2016 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2016

Liabilities / Revenue

48th percentile

0.50x

Higher debt load relative to revenue than 48% of similar nonprofits.

2016 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2016

Net Margin

44th percentile

1.5%

Higher net margin than 44% of similar nonprofits.

2016 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2016

Top Officer Pay

45th percentile

$429,777

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

2016 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2016

Asset Growth

83rd percentile

12%

Faster asset growth than 83% of similar nonprofits.

2016 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2014 to 2016

Revenue Growth

84th percentile

18%

Faster revenue growth than 84% of similar nonprofits.

2016 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2014 to 2016

Assets

Up

$83,754,510

Up $17,340,921 (+26%) from 2014

Net Assets

Up

$32,597,730

Up $5,843,890 (+22%) from 2014

Liabilities

Up

$51,156,780

Up $11,497,031 (+29%) from 2014

Revenue

Up

$102,610,736

Up $29,102,383 (+40%) from 2014

Expenses

Up

$101,022,415

Up $29,148,733 (+41%) from 2014

Net Income

Down

$1,588,321

Down $46,350 (-2.8%) from 2014

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2010: $44,139,488Liabilities 2010: $26,094,410Net Assets 2010: $18,045,0782010Assets 2011: $48,022,920Liabilities 2011: $28,549,467Net Assets 2011: $19,473,4532011Assets 2013: $61,247,371Liabilities 2013: $36,964,754Net Assets 2013: $24,282,6172013Assets 2014: $66,413,589Liabilities 2014: $39,659,749Net Assets 2014: $26,753,8402014Assets 2016: $83,754,510Liabilities 2016: $51,156,780Net Assets 2016: $32,597,7302016Assets 2017: $92,335,932Liabilities 2017: $55,663,834Net Assets 2017: $36,672,0982017Assets 2018: $99,136,379Liabilities 2018: $58,439,423Net Assets 2018: $40,696,9562018Assets 2019: $93,183,490Liabilities 2019: $52,464,057Net Assets 2019: $40,719,4332019Assets 2020: $95,415,152Liabilities 2020: $54,611,909Net Assets 2020: $40,803,2432020Assets 2021: $100,358,331Liabilities 2021: $54,531,304Net Assets 2021: $45,827,0272021Assets 2022: $98,977,188Liabilities 2022: $56,622,677Net Assets 2022: $42,354,5112022Assets 2023: $103,490,576Liabilities 2023: $58,667,617Net Assets 2023: $44,822,9592023Assets 2024: $107,037,272Liabilities 2024: $57,673,086Net Assets 2024: $49,364,1862024

Highlighted filing

2016

Assets$83,754,510
Liabilities$51,156,780
Net Assets$32,597,730

Operations Trend

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

$150M$100M$50M$0Expenses 2010: $44,580,9642010Expenses 2011: $45,747,5002011Expenses 2013: $67,814,2762013Revenue 2014: $73,508,353Expenses 2014: $71,873,682Net Income 2014: $1,634,6712014Revenue 2016: $102,610,736Expenses 2016: $101,022,415Net Income 2016: $1,588,3212016Revenue 2017: $103,798,557Expenses 2017: $100,899,380Net Income 2017: $2,899,1772017Revenue 2018: $103,757,411Expenses 2018: $100,281,759Net Income 2018: $3,475,6522018Revenue 2019: $100,509,163Expenses 2019: $100,471,450Net Income 2019: $37,7132019Revenue 2020: $98,751,263Expenses 2020: $98,210,671Net Income 2020: $540,5922020Revenue 2021: $101,562,594Expenses 2021: $101,383,067Net Income 2021: $179,5272021Revenue 2022: $102,369,640Expenses 2022: $101,310,007Net Income 2022: $1,059,6332022Revenue 2023: $104,021,588Expenses 2023: $103,353,884Net Income 2023: $667,7042023Revenue 2024: $107,663,396Expenses 2024: $106,392,058Net Income 2024: $1,271,3382024

Highlighted filing

2016

Revenue$102,610,736
Expenses$101,022,415
Net Income$1,588,321
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 14, 2017
Return Version
2015v3.0
Gross Receipts
$102,634,858
Mission and Program Overview

Mission

To build healthy communities one child, one adult and one family at a time by providing mental health services to the residents of burlington county and southern new jersey.

To build healthy communities one child, one adult, and one family at a time by providing mental health services to the residents of burlington county and southern new jersey.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$37,301,624$42,597,788▲ $5,296,164
Savings and Temporary Cash Investments$15,427,130$18,268,621▲ $2,841,491
Investments Other Securities$10,256,409$11,047,314▲ $790,905
Accounts Receivable$3,614,848$3,300,918▼ $313,930
Cash and Non-Interest-Bearing Accounts$825,039$2,320,319▲ $1,495,280
Pledges and Grants Receivable$272,659$1,312,016▲ $1,039,357
Prepaid Expenses and Deferred Charges$108,782$781,629▲ $672,847
Total Assets$70,427,337$83,754,510▲ $13,327,173
Other Assets Total$2,620,846$4,125,905▲ $1,505,059
Liabilities
Mortgage Notes Payable Secured by Investment Property$24,213,944$27,849,656▲ $3,635,712
Accounts Payable and Accrued Expenses$13,595,986$18,056,755▲ $4,460,769
Other Liabilities$3,242,832$5,079,300▲ $1,836,468
Deferred Revenue$151,802$171,069▲ $19,267
Total Liabilities$41,204,564$51,156,780▲ $9,952,216
Net Assets / Fund Balance
Unrestricted Net Assets$25,902,348$28,050,024▲ $2,147,676
Temporarily Rstr Net Assets$3,320,425$4,547,706▲ $1,227,281
Total Net Assets Fund Balance$29,222,773$32,597,730▲ $3,374,957
Total Liabilities and Net Assets / Fund Balance$70,427,337$83,754,510▲ $13,327,173

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$34,548,255$22,489,944$57,038,199
Equipment$2,415,711$9,977,688$12,393,399
Land$5,633,822-$5,633,822
Other Securities$10,046,314--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Bob PekarCEOFT$265,885$163,892$429,777
Derry HollandCOO Adult OperationsFT$245,883$129,306$375,189
Karen TangerCOO CHILDREN'S OPERATIONSFT$247,225$108,468$355,693
Qin Di ShiCFOFT$249,326$85,714$335,040
Sheri BellChief Human Resource OfficerFT$118,275$78,081$196,356
Pamela BrownVP Dd ServicesFT$111,514$59,556$171,070
Michelle CavallaroChief Technology OfficerFT$122,002$37,260$159,262

Board Members and Trustees

NameTitle
Joseph AristoneChair
David Gaskin1st Vice Chair
Aaron Nelson2nd Vice Chair
Carol LandisTrustee
Christine MattheyTrustee
Christopher WarrenTrustee
David PrenskyTrustee
David SalewskiTrustee
Dr Theodore JohnsonTrustee
Francis DehelTrustee
Gale LewinTrustee
Gerard LawTrustee
Jonathan VivarTrustee
Marianne AleardiTrustee
Sonia DelgadoTrustee
Tom TranovichTrustee
William BurrisTrustee
Chelsea CarterCo-secretary/treasurer
Colleen CrandallCo-secretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Horizon Blue Cross & Blue ShieldInsurancePO BOX 10130, Newark, NJ 07101-3130$7,824,342
Dakota PropertiesProfessional770 WOODLANE ROAD SUITE 23, Mt Holly, NJ 08075$2,105,373
Rowan MedicineMedical42 E LAUREL ROAD PO BOX 1011, Stratford, NJ 08084$1,577,031
American Express Corporate CardMerchantPO BOX 1270, Newark, NJ 07101-1270$1,387,263
Automotive Rentals INCAutomotivePO BOX 8500/4375, Philadelphia, PA 18178-4375$894,768
Revenue and Support

Revenue Composition

Contributions and Grants
$68,682,577
Program Service Revenue
$33,464,053
Investment Income
$40,399
Other Revenue
$423,707
All Other Contributions
$180,852
Change in Net Assets
$1,588,321

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeReported Amount
Other Non Cash Contri Table$223,702
Total Noncash Contributions$223,702

Audited Revenue Reconciliation

Revenue per Audited Statements
$102,610,736
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-391,199
Total Revenue per Audited Statements
$102,219,537
Total Revenue per Form 990
$102,610,736
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$71,646,396
Other Expenses$29,376,019
Total Fundraising Expense$330,651
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$47,881,521$4,770,294$13,801$52,665,616
Other Employee Benefits$7,230,499$755,259$2,111$7,987,869
All Other Expenses$4,964,279$892,907$245,231$6,102,417
Pension Plan Contributions$5,231,258$546,429$1,527$5,779,214
Payroll Taxes$4,719,360$492,959$1,378$5,213,697
Depreciation Depletion$2,900,930$375,230-$3,276,160
Travel$1,584,461$86,256$5,498$1,676,215
Occupancy$1,447,052$61,184-$1,508,236
Other Expenses$1,389,901$1,077,720$34,227$1,424,128
Interest$729,101$33,968-$763,069
Insurance$656,338$58,362-$714,700
Conferences and Meetings$226,212$85,041-$311,253
Advertising$40,692$206,256$5,290$252,238
Total Functional Expenses$90,697,226$9,994,538$330,651$101,022,415

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$101,046,536
Expenses per Audited Statements$101,022,414
Total Expenses per Form 990$101,022,414
Expenses Not Reported on Form 990$24,122
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$48,355
Fundraising Direct Expenses$24,122
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Moorestown Progressive Dinner$28,680$28,680-$28,680
Haddonfield Progressive Dinner$19,675$19,675-$19,675
Total Events$48,355$48,355$24,122$24,233
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advances$1,626,082
Incurred But Not Reported Liability Claims$1,212,240
Line of Credit Payable$1,013,780
Consumer Liabilities$604,324
Obligation Under Interest Rate Swap$333,642
Due to Affiliate$250,000
Security Deposits Payable$39,232
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 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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The 990 is reviewed by the signing officer along with any members as deemed appropriate by the governing body.

Form 990, Part VI, Section B, Line 12C

Monitoring and enforcement of compliance takes place as set forth under the written policy.

Form 990, Part VI, Section B, Line 15

All of these factors are considered as deemed appropriate.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Oaks Integrated Care Inc
EIN
23-7048397
Phone
6092675928
Address
770 WOODLANE ROAD SUITE 63, MOUNT HOLLY, NJ 08060

Signing Officer

Name
Qindi Shi
Title
CFO
Phone
6092675928
Signed
2017-02-14

Organization Details

Principal Officer
Qindi Shi
Formed
1962
Legal Domicile
Nj
Voting Board Members
19
Independent Board Members
19
Employees
2,574
Volunteers
310

Preparer

Firm
Bowman & Company Llp
Address
601 WHITE HORSE ROAD, VOORHEES, NJ 08043-2493
Preparer
Glen J Walton
Phone
8564356200
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in fair value of interest rate swap -29,860. Merged net asset contribution 2,201,956.

FORM 990, PART XII, LINE 2C:

Part xii, line 2c - the process has not changed from prior year

Financial Statement Notes

PART X, LINE 2:

The organization claims exemption from federal and state income taxes under section 501(c)(3) of the internal revenue code, and accordingly, does not record a provision for income taxes on related income. The organization regularly reviews and evaluates its tax positions taken in previously filed information returns and as reflected in its financial statements, with regard to issues affecting its tax exempt status, unrelated business income, and related matters. The organization believes that in the event of an examination by taxing authorities, the organization's positions would prevail based on the technical merits of such positions. Therefore, the organization has concluded that no tax benefits or liabilities are required to be recognized in accordance with the new requirements.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses 24,122.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses 24,122.

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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/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt21VP DD SERVICES
IRS990/Form990PartVIISectionAGrp/TitleTxt22COO ADULT OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt23COO CHILDREN'S OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt24CHIEF HUMAN RESOURCE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt25CHIEF TECHNOLOGY OFFICER
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IRS990/MissionDesc0TO BUILD HEALTHY COMMUNITIES ONE CHILD, ONE ADULT AND ONE FAMILY AT A TIME BY PROVIDING MENTAL HEALTH SERVICES TO THE RESIDENTS OF BURLINGTON COUNTY AND SOUTHERN NEW JERSEY.
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