Civic Intelligence

Eac Inc.

990 • Fiscal year 2017 • EIN 23-7175609

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 02, 2018

50 Clinton Street Suite 107Hempstead, NY 11550

(516) 539-0150

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.51x

Higher debt load relative to assets than 73% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

50th percentile

0.23x

Higher debt load relative to revenue than 50% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

27th percentile

-2.4%

Higher net margin than 27% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

73rd percentile

$259,320

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

57th percentile

6.6%

Faster asset growth than 57% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

60th percentile

8.3%

Faster revenue growth than 60% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Up

$11,110,853

Up $683,606 (+6.6%) from 2016

Net Assets

Down

$5,492,178

Down $594,356 (-9.8%) from 2016

Liabilities

Up

$5,618,675

Up $1,277,962 (+29%) from 2016

Revenue

Up

$24,284,995

Up $1,869,999 (+8.3%) from 2016

Expenses

Up

$24,879,351

Up $2,504,195 (+11%) from 2016

Net Income

Down

-$594,356

Down $634,196 (-1592%) from 2016

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $9,928,173Liabilities 2010: $4,532,134Net Assets 2010: $5,396,0392010Assets 2011: $10,582,753Liabilities 2011: $5,080,706Net Assets 2011: $5,502,0472011Assets 2012: $9,553,848Liabilities 2012: $3,881,812Net Assets 2012: $5,672,0362012Assets 2013: $9,066,785Liabilities 2013: $3,361,651Net Assets 2013: $5,705,1342013Assets 2014: $10,064,065Liabilities 2014: $4,198,174Net Assets 2014: $5,865,8912014Assets 2015: $11,992,228Liabilities 2015: $5,945,534Net Assets 2015: $6,046,6942015Assets 2016: $10,427,247Liabilities 2016: $4,340,713Net Assets 2016: $6,086,5342016Assets 2017: $11,110,853Liabilities 2017: $5,618,675Net Assets 2017: $5,492,1782017Assets 2018: $11,919,173Liabilities 2018: $5,931,656Net Assets 2018: $5,987,5172018Assets 2019: $12,545,569Liabilities 2019: $6,554,747Net Assets 2019: $5,990,8222019Assets 2020: $14,333,647Liabilities 2020: $8,364,918Net Assets 2020: $5,968,7292020Assets 2021: $14,001,603Liabilities 2021: $7,915,539Net Assets 2021: $6,086,0642021Assets 2022: $19,286,883Liabilities 2022: $12,956,702Net Assets 2022: $6,330,1812022Assets 2023: $20,515,645Liabilities 2023: $14,764,445Net Assets 2023: $5,751,2002023Assets 2024: $28,726,596Liabilities 2024: $22,706,441Net Assets 2024: $6,020,1552024

Highlighted filing

2017

Assets$11,110,853
Liabilities$5,618,675
Net Assets$5,492,178

Operations Trend

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

$40M$30M$20M$10M$0-$10MExpenses 2010: $21,981,1602010Expenses 2011: $16,862,6462011Expenses 2012: $16,926,8882012Revenue 2013: $17,774,895Expenses 2013: $17,741,797Net Income 2013: $33,0982013Revenue 2014: $18,714,911Expenses 2014: $18,554,154Net Income 2014: $160,7572014Revenue 2015: $21,008,385Expenses 2015: $20,827,582Net Income 2015: $180,8032015Revenue 2016: $22,414,996Expenses 2016: $22,375,156Net Income 2016: $39,8402016Revenue 2017: $24,284,995Expenses 2017: $24,879,351Net Income 2017: -$594,3562017Revenue 2018: $28,233,373Expenses 2018: $27,738,034Net Income 2018: $495,3392018Revenue 2019: $29,242,874Expenses 2019: $29,239,569Net Income 2019: $3,3052019Revenue 2020: $28,285,801Expenses 2020: $28,307,894Net Income 2020: -$22,0932020Revenue 2021: $28,648,981Expenses 2021: $28,531,646Net Income 2021: $117,3352021Revenue 2022: $30,677,011Expenses 2022: $30,432,894Net Income 2022: $244,1172022Revenue 2023: $32,218,261Expenses 2023: $32,082,697Net Income 2023: $135,5642023Revenue 2024: $35,199,412Expenses 2024: $34,930,457Net Income 2024: $268,9552024

Highlighted filing

2017

Revenue$24,284,995
Expenses$24,879,351
Net Income-$594,356
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 2, 2018
Return Version
2017v2.2
Gross Receipts
$24,388,325
Mission and Program Overview

Mission

Our mission is to respond to human needs with programs that protect children, promote healthy families and communities, help seniors and empower individuals to take control of their lives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$6,434,388$7,368,058▲ $933,670
Land, Buildings, and Equipment, Net$2,642,789$2,543,346▼ $99,443
Cash and Non-Interest-Bearing Accounts$966,555$846,449▼ $120,106
Prepaid Expenses and Deferred Charges$220,061$136,974▼ $83,087
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$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$10,427,247$11,110,853▲ $683,606
Other Assets Total$163,454$216,026▲ $52,572
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,144,394$2,528,606▲ $1,384,212
Accounts Payable and Accrued Expenses$1,849,307$2,193,925▲ $344,618
Deferred Revenue$1,347,012$896,144▼ $450,868
Total Liabilities$4,340,713$5,618,675▲ $1,277,962
Net Assets / Fund Balance
Unrestricted Net Assets$4,757,909$4,135,476▼ $622,433
Temporarily Rstr Net Assets$1,328,625$1,356,702▲ $28,077
Total Net Assets Fund Balance$6,086,534$5,492,178▼ $594,356
Total Liabilities and Net Assets / Fund Balance$10,427,247$11,110,853▲ $683,606

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,769,331$688,072$2,457,403
Equipment$64,293$939,459$1,003,752
Land$650,000-$650,000
Other Land Buildings-$324,173$324,173
Leasehold Improvements$59,722$174,336$234,058
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lance ElderCEO/presidentFT$250,934$8,386$259,320
Tania Peterson ChandlerVP of OperationsFT$160,333$5,173$165,506
Glenn StanisVP of FinanceFT$127,162$24,593$151,755
Lori BrowningVP Human ResourcesFT$127,741$4,476$132,217

Board Members and Trustees

NameTitle
Richard KesselChairman
Bruce A Watterson1st Vice Chair
Laura Palker2nd Vice Chair
David E Paseltiner EsqBoard Counsel
Angela S AntonDirector
Anthony J FalangaDirector
Bob NystromDirector
Brandon RainerDirector
Brian EdwardsDirector
Geri A GregorDirector
James JosephDirector
John DursoDirector
John MurcottDirector
Kevin P MurphyDirector
Noreen CarroDirector
Paul NapoliDirector
Bert CunninghamMember at large
Sammy ChuMember at Large
Cathy StantonSecretary
Dona LetoTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Fund For The City Of NyNYC Subcontractors121 AVE FOR THE AMERICAS, New York, NY 10013$331,649
Revenue and Support

Revenue Composition

Contributions and Grants
$20,453,823
Program Service Revenue
$3,482,364
Investment Income
$0
Other Revenue
$348,808
All Other Contributions
$596,047
Change in Net Assets
$-594,356

Audited Revenue Reconciliation

Revenue per Audited Statements
$24,284,995
Revenue Not Reported on Form 990
$103,330
Total Revenue per Audited Statements
$24,388,325
Total Revenue per Form 990
$24,284,995
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$18,174,406
Other Expenses$6,704,945
Total Fundraising Expense$275,723
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$12,630,431$1,629,421$183,007$14,442,859
Other Employee Benefits$1,793,164$196,526$21,169$2,010,859
Occupancy$1,598,753$135,421$16,793$1,750,967
Payroll Taxes$981,487$116,619$14,555$1,112,661
Office Expenses$559,378$35,730$9,410$604,518
All Other Expenses$503,015$54,919$9,706$567,640
Fees for Services Other$296,830$120,355-$417,185
Pension Plan Contributions$293,518$51,015$4,174$348,707
Other Expenses$299,580$14,232$2,089$315,901
Travel$282,267$1,216$1,051$284,534
Current Officers, Directors, Trustees, and Key Employees$226,778$29,256$3,286$259,320
Insurance$192,977$42,292$1,846$237,115
Depreciation Depletion$53,687$98,296-$151,983
Conferences and Meetings$78,700$10,781$1,911$91,392
Interest$61,134$25,364$958$87,456
Fees for Services Accounting-$63,250-$63,250
Fees for Services Legal$5,375$18,578-$23,953
Advertising$1,636$874$5,768$8,278
Total Functional Expenses$21,959,483$2,644,145$275,723$24,879,351

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$24,982,681
Expenses per Audited Statements$24,879,351
Total Expenses per Form 990$24,879,351
Expenses Not Reported on Form 990$103,330
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$231,254
Fundraising Direct Expenses$103,330
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf for Good$190,596$148,666$61,709$86,957
Over the Edge$110,705$76,231$35,264$40,967
Total Events$307,658$231,254$103,330$127,924
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

After the board has approved the financial statements, the form 990 is completed by the preparer and submitted to management. The document is reviewed by management and is then distributed to the board for review. Any comments or questions are presented to management which communicates the issue directly to the preparer.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Each member shall be required to file a conflict of interest statement annually, but not later than December 31st prior to commencement of service and annually thereafter, with Secretary.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Compensation ranges are determined by reviewing salary data for comparable positions. Management compensation, within the appropriate range, is based upon the candidates experience and credentials. Merit increases, when applicable, are related to employee performance and dependent upon the availability of admin/program funds. Executive compensation must be reviewed and approved by the board compensation committee.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Financial statements, governing documents and policies are all maintained at the administrative offices located in hempstead, new york. The public may request to see documents at the offices and the organization has plans to make these documents available in the future on their website.

Filing and Contact Details

Filer

Filer Name
Eac Inc
EIN
23-7175609
Phone
5165390150
Address
50 CLINTON STREET SUITE 107, HEMPSTEAD, NY 11550

Signing Officer

Name
Lance Elder
Title
CEO/president
Signed
2018-08-02
Discuss with paid preparer
Yes

Organization Details

Formed
1969
Legal Domicile
Ny
Voting Board Members
20
Independent Board Members
20
Employees
593
Volunteers
294

Preparer

Firm
Nawrocki Smith Llp
Address
290 BROADHOLLOW RD STE 115E, MELVILLE, NY 11747-4822
Preparer
Michael E Nawrocki
Phone
6317569500
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Seniors and Incapacitated - PROGRAM SERVICES INCLUDE IN HOME AND COMMUNITY-BASED SUPPORT SERVICES TO THE ELDERLY, THEIR CARE GIVERS AND INCAPACITATED PERSONS THRU PROGRAMS SUCH AS MEALS ON WHEELS, SENIOR RESPITE, COMMUNITY SENIOR CENTERS, EXPANDED IN-HOME SERVICES FOR THE ELDERLY, NUTRITION EDUCATION AND FOOD SERVICES AND COMMUNITY GUARDIANSHIP. OTHER PROGRAM SERVICES 5: Vocational Services - PROGRAM SERVICES INCLUDE ASSISTING AT-RISK YOUTH AGES 18-24 TOWARDS A CAREER PATH AND PROVIDING VOCATIONAL AND EDUCATIONAL COUSELING AND SERVICES TO INDIVIDUALS WITH SUBSTANCE ABUSE.

Financial Statement Notes

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

$103330

Part XII, Line 2D: Other expenses and losses per audited F/S

$103330

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IRS990/Form990PartVIISectionAGrp/PersonNm0Angela S Anton
IRS990/Form990PartVIISectionAGrp/PersonNm1Noreen Carro
IRS990/Form990PartVIISectionAGrp/PersonNm2Sammy Chu
IRS990/Form990PartVIISectionAGrp/PersonNm3Bert Cunningham
IRS990/Form990PartVIISectionAGrp/PersonNm4John Durso
IRS990/Form990PartVIISectionAGrp/PersonNm5Brian Edwards
IRS990/Form990PartVIISectionAGrp/PersonNm6Anthony J Falanga
IRS990/Form990PartVIISectionAGrp/PersonNm7Geri A Gregor
IRS990/Form990PartVIISectionAGrp/PersonNm8John Murcott
IRS990/Form990PartVIISectionAGrp/PersonNm9Bob Nystrom
IRS990/Form990PartVIISectionAGrp/PersonNm10David E Paseltiner Esq
IRS990/Form990PartVIISectionAGrp/PersonNm11Laura Palker
IRS990/Form990PartVIISectionAGrp/PersonNm12Richard Kessel
IRS990/Form990PartVIISectionAGrp/PersonNm13James Joseph
IRS990/Form990PartVIISectionAGrp/PersonNm14Bruce A Watterson
IRS990/Form990PartVIISectionAGrp/PersonNm15Cathy Stanton
IRS990/Form990PartVIISectionAGrp/PersonNm16Dona Leto
IRS990/Form990PartVIISectionAGrp/PersonNm17Kevin P Murphy
IRS990/Form990PartVIISectionAGrp/PersonNm18Paul Napoli
IRS990/Form990PartVIISectionAGrp/PersonNm19Brandon Rainer
IRS990/Form990PartVIISectionAGrp/PersonNm20LANCE ELDER
IRS990/Form990PartVIISectionAGrp/PersonNm21Tania Peterson Chandler
IRS990/Form990PartVIISectionAGrp/PersonNm22Glenn Stanis
IRS990/Form990PartVIISectionAGrp/PersonNm23Lori Browning
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Member at Large
IRS990/Form990PartVIISectionAGrp/TitleTxt3Member at large
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Board Counsel
IRS990/Form990PartVIISectionAGrp/TitleTxt112nd Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt12Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt141st Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt15Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt16Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20CEO/PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt21Vp of Operations
IRS990/Form990PartVIISectionAGrp/TitleTxt22VP of Finance
IRS990/Form990PartVIISectionAGrp/TitleTxt23VP Human Resources
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IRS990/MissionDesc0OUR MISSION IS TO RESPOND TO HUMAN NEEDS WITH PROGRAMS THAT PROTECT CHILDREN, PROMOTE HEALTHY FAMILIES AND COMMUNITIES, HELP SENIORS AND EMPOWER INDIVIDUALS TO TAKE CONTROL OF THEIR LIVES.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$28.7$22.7$6.02$35.2$34.9$0.27
2023Detailed filing. Detailed filing data is available for this year.$20.5$14.8$5.75$32.2$32.1$0.14
2022Detailed filing. Detailed filing data is available for this year.$19.3$13.0$6.33$30.7$30.4$0.24
2021Detailed filing. Detailed filing data is available for this year.$14.0$7.92$6.09$28.6$28.5$0.12
2020Detailed filing. Detailed filing data is available for this year.$14.3$8.36$5.97$28.3$28.3$0.02
2019Detailed filing. Detailed filing data is available for this year.$12.5$6.55$5.99$29.2$29.2$0.00
2018Detailed filing. Detailed filing data is available for this year.$11.9$5.93$5.99$28.2$27.7$0.50
2017Detailed filing. Detailed filing data is available for this year.$11.1$5.62$5.49$24.3$24.9$0.59
2016Detailed filing. Detailed filing data is available for this year.$10.4$4.34$6.09$22.4$22.4$0.04
2015Detailed filing. Detailed filing data is available for this year.$12.0$5.95$6.05$21.0$20.8$0.18
2014Detailed filing. Detailed filing data is available for this year.$10.1$4.20$5.87$18.7$18.6$0.16
2013Detailed filing. Detailed filing data is available for this year.$9.07$3.36$5.71$17.8$17.7$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.55$3.88$5.67$16.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.6$5.08$5.50$16.9
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.93$4.53$5.40$22.0