Civic Intelligence

Moasc Purchasing Network Inc

990 • Fiscal year 2016 • EIN 26-1307825

Jan 01, 2016 to Dec 31, 2016 • Filed on Mar 03, 2017

7608 Keechie DriveMckinney, TX 75070

(214) 578-9589

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2016

Liabilities / Revenue

45th percentile

0.00x

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

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

1st percentile

-146201%

Higher net margin than 1% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

1st percentile

-100%

Faster asset growth than 1% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

1st percentile

-99%

Faster revenue growth than 1% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$0

Down $226,612 (-100%) from 2015

Net Assets

Down

$0

Down $226,612 (-100%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$155

Down $26,145 (-99%) from 2015

Expenses

Up

$226,767

Up $35,589 (+19%) from 2015

Net Income

Down

-$226,612

Down $61,734 (-37%) from 2015

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $488,834Liabilities 2010: $0Net Assets 2010: $488,8342010Assets 2011: $656,563Liabilities 2011: $0Net Assets 2011: $656,5632011Assets 2012: $665,047Liabilities 2012: $0Net Assets 2012: $665,0472012Assets 2013: $496,334Liabilities 2013: $0Net Assets 2013: $496,3342013Assets 2014: $391,490Liabilities 2014: $0Net Assets 2014: $391,4902014Assets 2015: $226,612Liabilities 2015: $0Net Assets 2015: $226,6122015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016

Highlighted filing

2016

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$400K$200K$0-$200K-$400KExpenses 2010: $297,1542010Expenses 2011: $267,6422011Expenses 2012: $338,8882012Revenue 2013: $117,678Expenses 2013: $286,391Net Income 2013: -$168,7132013Revenue 2014: $66,304Expenses 2014: $171,148Net Income 2014: -$104,8442014Revenue 2015: $26,300Expenses 2015: $191,178Net Income 2015: -$164,8782015Revenue 2016: $155Expenses 2016: $226,767Net Income 2016: -$226,6122016

Highlighted filing

2016

Revenue$155
Expenses$226,767
Net Income-$226,612
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Mar 3, 2017
Return Version
2016v3.0
Gross Receipts
$155
Mission and Program Overview

Mission

To negotiate prices and arrange for the purchase of oncology drugs, supplies, and equipment directly from manufacturers, distributors, retailers, and wholesales for moasc members and patient advocacy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$201,248--
Cash and Non-Interest-Bearing Accounts$25,364--
Total Assets$226,612$0▼ $226,612
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$226,612--
Total Net Assets Fund Balance$226,612$0▼ $226,612
Total Liabilities and Net Assets / Fund Balance$226,612$0▼ $226,612
Compensation and Service Providers

Employees

NameTitleBaseTotal
Ira FelmanBoard Member$11,500$11,500
Jonathan DoctorTreasurer$4,500$4,500
Keith PipesBoard Member$4,500$4,500
Edward AlexsonVice Preside$1,500$1,500
Sabina WallachSecretary$1,500$1,500

Board Members and Trustees

NameTitle
Varun GuptaPresident
Lesli LordExecutive Di
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$155
Other Revenue
$0
Change in Net Assets
$-226,612
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$148,215
Other Expenses$55,052
Salaries, Compensation, and Employee Benefits$23,500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$148,215--$148,215
Fees for Services Management$40,000--$40,000
Other Salaries and Wages$23,500--$23,500
Travel$6,288--$6,288
Information Technology$5,000--$5,000
Fees for Services Accounting$2,350--$2,350
Office Expenses$395--$395
Other Expenses$22--$22
Total Functional Expenses$226,767$0$0$226,767
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Medical Oncology Assoc of Souther CUpland, CA501Educational Purposes$148,215
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The sole member of moasc purchase network ("mpn") is medical oncology assoiation of southern california ("moasc"), a 501(c)(6) exempt organization.

Form 990, Page 6, Part VI, Line 7B

The member shall have the right to vote, as set forth in the bylaws, on the election of directors, on the disposition of all or substantially all of the assets of the corporation, on any merger and its principal terms and any amendment of those terms, and on any election to dissolve the corporation. In addition, the member shall have all rights afforded members under the california nonprofit mutual benefit corporation law. If the corporation is dissolved, the member shall receive a distribution of all assets remaining after payment or provision for payment of the obligations and debts of the corportaion or any provision for any other payment required under applicable law.

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

The governing body reviews form 990 before it is filed.

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

The conflict of interest policy is on mpn's website, it is password protected to allow access only to moasc members. Conflict of interest policy compliance is managed by the board of directors.

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

Pursuant to section 10.1 of these bylaws, the board may approve two or more directors of the corporation to serve as the audit and finance committee. The audit and finance committee shall be responsible for the overall fiscal policies and operations of mpn, including but not limited to the compensation review and approval process for ceo, executive director and top management. The audit and finance committee accomplishes fiscal responsibility principally through the following activities: a. Establish and review fiscal policies, guidelines, operations and procedures that will ensure the financial integrity of mpn and foster its purpose and mission.

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

Mpn conducts an internal marketplace survey to determine reasonable compensation for membership of the board of directors for similarly situated not-for-profit organizations. Based upon the marketplace comparison, the compensation provided to the board of directors is reasonable for the services rendered to mpn.

Form 990, Page 6, Part VI, Line 19

Documents are made available to the public upon request

Filing and Contact Details

Filer

Filer Name
Moasc Purchasing Network Inc
EIN
26-1307825
Phone
2145789589
Address
7608 KEECHIE DRIVE, MCKINNEY, TX 75070
Doing Business As
Mpn

Signing Officer

Name
Lesli Lord
Title
Executive Director
Phone
2145789589
Signed
2017-03-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lesli Lord
Formed
2007
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
3
Employees
0

Preparer

Firm
David M Kesel CPA
Address
4833 MEDICAL CENTER DR STE 6A, MCKINNEY, TX 75069
Preparer
David Kesel
Phone
9727341040
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 2

Provided price book and price match programs for oncology products for purchase of drugs, supplies and equipment for the benefit of the moasc member practices. Provided eductional support to moasc members for eduction, patient and provider advocacy. Provided electronic distribution list and discussion group so members can ask questions and get answers from fellow members. Provided online repository which included downloadable forms, templates and fact sheets. Provided website and monthly newsletter to moasc members.

Form 990, Page 2, Part III, Line 4D

Provided price book and price match programs for oncology products for purchase of drugs, supplies and equipment for the benefit of the moasc member practices. Provided eductional support to moasc members for eduction, patient and provider advocacy. Provided electronic distribution list and discussion group so members can ask questions and get answers from fellow members. Provided online repository which included downloadable forms, templates and fact sheets. Provided website and monthly newsletter to moasc members.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROVIDED PRICE BOOK AND PRICE MATCH PROGRAMS FOR ONCOLOGY PRODUCTS FOR PURCHASE OF DRUGS, SUPPLIES AND EQUIPMENT FOR THE BENEFIT OF THE MOASC MEMBER PRACTICES. PROVIDED EDUCTIONAL SUPPORT TO MOASC MEMBERS FOR EDUCTION, PATIENT AND PROVIDER ADVOCACY. PROVIDED ELECTRONIC DISTRIBUTION LIST AND DISCUSSION GROUP SO MEMBERS CAN ASK QUESTIONS AND GET ANSWERS FROM FELLOW MEMBERS. PROVIDED ONLINE REPOSITORY WHICH INCLUDED DOWNLOADABLE FORMS, TEMPLATES AND FACT SHEETS. PROVIDED WEBSITE AND MONTHLY NEWSLETTER TO MOASC MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROVIDED PRICE BOOK AND PRICE MATCH PROGRAMS FOR ONCOLOGY PRODUCTS FOR PURCHASE OF DRUGS, SUPPLIES AND EQUIPMENT FOR THE BENEFIT OF THE MOASC MEMBER PRACTICES. PROVIDED EDUCTIONAL SUPPORT TO MOASC MEMBERS FOR EDUCTION, PATIENT AND PROVIDER ADVOCACY. PROVIDED ELECTRONIC DISTRIBUTION LIST AND DISCUSSION GROUP SO MEMBERS CAN ASK QUESTIONS AND GET ANSWERS FROM FELLOW MEMBERS. PROVIDED ONLINE REPOSITORY WHICH INCLUDED DOWNLOADABLE FORMS, TEMPLATES AND FACT SHEETS. PROVIDED WEBSITE AND MONTHLY NEWSLETTER TO MOASC MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SOLE MEMBER OF MOASC PURCHASE NETWORK ("MPN") IS MEDICAL ONCOLOGY ASSOIATION OF SOUTHERN CALIFORNIA ("MOASC"), A 501(C)(6) EXEMPT ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MEMBER SHALL HAVE THE RIGHT TO VOTE, AS SET FORTH IN THE BYLAWS, ON THE ELECTION OF DIRECTORS, ON THE DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE CORPORATION, ON ANY MERGER AND ITS PRINCIPAL TERMS AND ANY AMENDMENT OF THOSE TERMS, AND ON ANY ELECTION TO DISSOLVE THE CORPORATION. IN ADDITION, THE MEMBER SHALL HAVE ALL RIGHTS AFFORDED MEMBERS UNDER THE CALIFORNIA NONPROFIT MUTUAL BENEFIT CORPORATION LAW. IF THE CORPORATION IS DISSOLVED, THE MEMBER SHALL RECEIVE A DISTRIBUTION OF ALL ASSETS REMAINING AFTER PAYMENT OR PROVISION FOR PAYMENT OF THE OBLIGATIONS AND DEBTS OF THE CORPORTAION OR ANY PROVISION FOR ANY OTHER PAYMENT REQUIRED UNDER APPLICABLE LAW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING BODY REVIEWS FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE CONFLICT OF INTEREST POLICY IS ON MPN'S WEBSITE, IT IS PASSWORD PROTECTED TO ALLOW ACCESS ONLY TO MOASC MEMBERS. CONFLICT OF INTEREST POLICY COMPLIANCE IS MANAGED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PURSUANT TO SECTION 10.1 OF THESE BYLAWS, THE BOARD MAY APPROVE TWO OR MORE DIRECTORS OF THE CORPORATION TO SERVE AS THE AUDIT AND FINANCE COMMITTEE. THE AUDIT AND FINANCE COMMITTEE SHALL BE RESPONSIBLE FOR THE OVERALL FISCAL POLICIES AND OPERATIONS OF MPN, INCLUDING BUT NOT LIMITED TO THE COMPENSATION REVIEW AND APPROVAL PROCESS FOR CEO, EXECUTIVE DIRECTOR AND TOP MANAGEMENT. THE AUDIT AND FINANCE COMMITTEE ACCOMPLISHES FISCAL RESPONSIBILITY PRINCIPALLY THROUGH THE FOLLOWING ACTIVITIES: A. ESTABLISH AND REVIEW FISCAL POLICIES, GUIDELINES, OPERATIONS AND PROCEDURES THAT WILL ENSURE THE FINANCIAL INTEGRITY OF MPN AND FOSTER ITS PURPOSE AND MISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MPN CONDUCTS AN INTERNAL MARKETPLACE SURVEY TO DETERMINE REASONABLE COMPENSATION FOR MEMBERSHIP OF THE BOARD OF DIRECTORS FOR SIMILARLY SITUATED NOT-FOR-PROFIT ORGANIZATIONS. BASED UPON THE MARKETPLACE COMPARISON, THE COMPENSATION PROVIDED TO THE BOARD OF DIRECTORS IS REASONABLE FOR THE SERVICES RENDERED TO MPN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0true
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0true
IRS990/TotalAssetsBOYAmt0226612
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt0226612
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0226767
IRS990/TotalFunctionalExpensesGrp/TotalAmt0226767
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0226612
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalReportableCompFromOrgAmt023500
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0155
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0155
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0226612
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TravelGrp/ProgramServicesAmt06288
IRS990/TravelGrp/TotalAmt06288
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0226612
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt03
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LESLI LORD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02145789589
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-03-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MOASC PURCHASING NETWORK INC
ReturnHeader/Filer/BusinessNameControlTxt0MOAS
ReturnHeader/Filer/EIN0261307825
ReturnHeader/Filer/PhoneNum02145789589
ReturnHeader/Filer/USAddress/AddressLine1Txt07608 KEECHIE DRIVE
ReturnHeader/Filer/USAddress/CityNm0MCKINNEY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075070
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0586FA33CA4CD732DE6A35C3BD2815CE0CAEFD96D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0586FA33CA4CD732DE6A35C3BD2815CE0CAEFD96D
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0454002407
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAVID M KESEL CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04833 MEDICAL CENTER DR STE 6A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MCKINNEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075069
ReturnHeader/PreparerPersonGrp/PhoneNum09727341040
ReturnHeader/PreparerPersonGrp/PreparationDt02017-03-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID KESEL
ReturnHeader/ReturnTs02017-03-03T17:23:38-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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