Civic Intelligence

Circle the City

990 • Fiscal year 2015 • EIN 26-2420730

Jul 01, 2014 to Jun 30, 2015 • Filed on May 16, 2016

300 W Clarendon Ave Suite 200Phoenix, AZ 85013

(602) 776-9000

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.12x

Higher debt load relative to assets than 43% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

37th percentile

0.11x

Higher debt load relative to revenue than 37% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

90th percentile

45%

Higher net margin than 90% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

63rd percentile

$150,467

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

98th percentile

147%

Faster asset growth than 98% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

95th percentile

120%

Faster revenue growth than 95% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Up

$5,789,184

Up $3,441,816 (+147%) from 2014

Net Assets

Up

$5,090,087

Up $2,943,243 (+137%) from 2014

Liabilities

Up

$699,097

Up $498,573 (+249%) from 2014

Revenue

Up

$6,559,463

Up $3,573,501 (+120%) from 2014

Expenses

Up

$3,616,220

Up $927,506 (+34%) from 2014

Net Income

Up

$2,943,243

Up $2,645,995 (+890%) from 2014

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2014: $2,347,368Liabilities 2014: $200,524Net Assets 2014: $2,146,8442014Assets 2015: $5,789,184Liabilities 2015: $699,097Net Assets 2015: $5,090,0872015Assets 2016: $6,525,803Liabilities 2016: $1,509,702Net Assets 2016: $5,016,1012016Assets 2017: $7,044,721Liabilities 2017: $1,617,145Net Assets 2017: $5,427,5762017Assets 2018: $11,106,816Liabilities 2018: $2,133,304Net Assets 2018: $8,973,5122018Assets 2019: $12,456,648Liabilities 2019: $1,126,653Net Assets 2019: $11,329,9952019Assets 2020: $15,700,033Liabilities 2020: $3,399,163Net Assets 2020: $12,300,8702020Assets 2021: $18,542,637Liabilities 2021: $876,548Net Assets 2021: $17,666,0892021Assets 2022: $19,487,818Liabilities 2022: $1,882,684Net Assets 2022: $17,605,1342022Assets 2023: $17,672,173Liabilities 2023: $3,520,697Net Assets 2023: $14,151,4762023Assets 2024: $18,165,807Liabilities 2024: $3,376,728Net Assets 2024: $14,789,0792024

Highlighted filing

2015

Assets$5,789,184
Liabilities$699,097
Net Assets$5,090,087

Operations Trend

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

$40M$30M$20M$10M$0-$10MRevenue 2014: $2,985,962Expenses 2014: $2,688,714Net Income 2014: $297,2482014Revenue 2015: $6,559,463Expenses 2015: $3,616,220Net Income 2015: $2,943,2432015Revenue 2016: $6,349,522Expenses 2016: $5,931,696Net Income 2016: $417,8262016Revenue 2017: $7,857,226Expenses 2017: $7,445,751Net Income 2017: $411,4752017Revenue 2018: $13,295,905Expenses 2018: $9,761,520Net Income 2018: $3,534,3852018Revenue 2019: $17,369,013Expenses 2019: $15,012,530Net Income 2019: $2,356,4832019Revenue 2020: $19,219,332Expenses 2020: $18,248,457Net Income 2020: $970,8752020Revenue 2021: $26,039,281Expenses 2021: $20,674,062Net Income 2021: $5,365,2192021Revenue 2022: $25,581,557Expenses 2022: $25,526,245Net Income 2022: $55,3122022Revenue 2023: $25,833,684Expenses 2023: $29,429,239Net Income 2023: -$3,595,5552023Revenue 2024: $31,765,411Expenses 2024: $31,055,767Net Income 2024: $709,6442024

Highlighted filing

2015

Revenue$6,559,463
Expenses$3,616,220
Net Income$2,943,243
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 16, 2016
Return Version
2014v6.0
Gross Receipts
$6,597,917
Mission and Program Overview

Mission

To create and deliver innovative healthcare solutions that compassionately address the needs of men, women, and children facing homelessness.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,344,310$2,527,789▲ $1,183,479
Pledges and Grants Receivable$82,500$1,300,586▲ $1,218,086
Savings and Temporary Cash Investments$301,656$827,764▲ $526,108
Accounts Receivable$335,819$622,446▲ $286,627
Cash and Non-Interest-Bearing Accounts$173,916$441,549▲ $267,633
Prepaid Expenses and Deferred Charges$59,167$69,050▲ $9,883
Total Assets$2,347,368$5,789,184▲ $3,441,816
Other Assets Total$50,000--
Liabilities
Accounts Payable and Accrued Expenses$136,716$433,405▲ $296,689
Deferred Revenue$13,808$215,692▲ $201,884
Unsecured Notes Loans Payable$50,000$50,000→ $0
Total Liabilities$200,524$699,097▲ $498,573
Net Assets / Fund Balance
Unrestricted Net Assets$1,833,814$3,216,478▲ $1,382,664
Temporarily Rstr Net Assets$313,030$1,873,609▲ $1,560,579
Total Net Assets Fund Balance$2,146,844$5,090,087▲ $2,943,243
Total Liabilities and Net Assets / Fund Balance$2,347,368$5,789,184▲ $3,441,816

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,155,662$371,636$1,527,298
Buildings$808,408-$808,408
Equipment$563,719$157,570$721,289
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ADELE O'SULLIVAN CSJ MDChief MedicaFT$144,395$6,072$150,467
ADELE O'SULLIVAN CSJ MDChief Medical Office-$144,395$6,072$150,467
Brandon S ClarkChief ExecutFT$126,734$4,982$131,716
John H AndrewsChief FinancFT$38,363$2,774$41,137

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$4,198,273
Program Service Revenue
$2,052,019
Investment Income
$115
Other Revenue
$309,056
All Other Contributions
$4,198,273
Change in Net Assets
$2,943,243

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,559,463
Revenue Not Reported on Form 990
$63,355
Total Revenue per Audited Statements
$6,622,818
Total Revenue per Form 990
$6,559,463
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,078,587
Other Expenses$1,509,413
Total Fundraising Expense$286,261
Grants and Similar Amounts Paid$28,220
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,316,507$276,105$162,655$1,755,267
Occupancy$573,123$25,512$18,131$616,766
Current Officers, Directors, Trustees, and Key Employees$242,500$50,859$29,961$323,320
Depreciation Depletion$189,797$7,761$5,817$203,375
Insurance$59,362$2,765$409$62,536
Grants to Domestic Orgs$28,220--$28,220
Travel$18,620$2,148$620$21,388
Fees for Services Accounting$17,298$744$558$18,600
Advertising--$14,406$14,406
Other Expenses$14,130$1,955$5,380$5,380
Interest$1,446$66$47$1,559
Total Functional Expenses$2,961,171$368,788$286,261$3,616,220

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,679,575
Expenses per Audited Statements$3,616,220
Total Expenses per Form 990$3,616,220
Expenses Not Reported on Form 990$63,355
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Lodestar Day Resource CenterPhoenix, AZ3Transitional Housing$28,220
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$347,510
Fundraising Direct Expenses$38,454
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Top Golf$239,373$239,373$512$238,861
Garden Tea$108,137$108,137$4,079$104,058
Total Events$347,510$347,510$38,454$309,056
Political and Lobbying Activity
Political campaign activity
No
Lobbying 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
Audit committee
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, Page 6, Part VI, Line 11B

Prior to filing, the completed form 990 will be sent to board members in advance of the next monthly meeting of the bod. The board treasurer, who also chairs the organization's finance committee, and the organization's executive director will review the form 990 with the board members. The organization's tax preparer will also be invited to the board meeting to provide board members with a general overview of the form 990.

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

A conflict of interest disclosure statement is completed annually by each board member and kept on file at the organization's offices. The purpose of the conflict of interest policy is to protect circle the city's interest when it is contemplating entering into a transaction or arrangement that might benefit the private interest of an officer or director of the corporation. An interested person is any director principal officer, member of a committee with governing board delegated powers, key employee, highest compensated employee, or highest compensated independent contractor or person in a position to exercise substantial influence over the affairs of the corporation. In connection with the actual or possible conflict of interest, an interested person must disclose the existence of the conflict of interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is disclosed and voted upon.

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

Compensation of the organization's chief executive officer and chief medical officer was reviewed and approved by the board of directors based upon performance reviews and market-based data.

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

Compensation of the organization's chief administrative officer and medical director was reviewed and approved by the board of directors based on comparability data; any changes to compensation for these employees will be reviewed and approved by the board based upon performance reviews and market-based data.

Form 990, Page 6, Part VI, Line 19

The organization makes its form 990, articles of incorporation, bylaws, conflict of interest policy and financial statements available to the public upon request. All of these documents may be viewed during normal business hours at the organization's offices, or will be mailed upon written request.

Filing and Contact Details

Filer

Filer Name
Circle the City
EIN
26-2420730
Phone
6027769000
Address
300 W CLARENDON AVE SUITE 200, PHOENIX, AZ 85013

Signing Officer

Name
John Andrews
Title
CFO
Phone
6027769000
Signed
2016-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Andrews
Voting Board Members
20
Independent Board Members
20
Employees
57
Volunteers
100

Preparer

Firm
Fester & Chapman Pc
Address
4001 N 3RD ST STE 275, PHOENIX, AZ 85012-2086
Preparer
Rachel R Locke CPA
Phone
6022643077
Supplemental Narrative

Additional Explanations

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

Assistance, housing, disability, and other income-related entitlements. Each patient collaborates with a dedicated case manager to identify a safe discharge location with more than 75% of all patients successfully transitioning into housing other than the street or emergency shelter system. Outpatient program - in 2015, ctc launched a new arm of the organization aimed at providing compassionate, high quality health services to people experiencing homelessness in maricopa county. Subsequent to the end of fiscal year 2015, circle the city was pleased to launch the parsons family health center, a primary care practice with a comprehensive offering of integrative services available on site including behavorial healthcare, psychiatry, substance abuse therapy, case management and physcial therapy. Additionally, a 2-exam room mobile clinic provides outreach services into the community as an extension of the fixed site practice. Once fully implemented, this practice will care for more than 3,800 homeless men, women and children each year.

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IRS990/Form990PartVIISectionAGrp/PersonNm20ADELE O'SULLIVAN CSJ MD
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