Civic Intelligence

Circle the City

990 • Fiscal year 2016 • EIN 26-2420730

Jul 01, 2015 to Jun 30, 2016 • Filed on May 12, 2017

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

56th percentile

0.23x

Higher debt load relative to assets than 56% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

56th percentile

0.24x

Higher debt load relative to revenue than 56% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

63rd percentile

6.6%

Higher net margin than 63% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

75th percentile

$192,509

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

77th percentile

13%

Faster asset growth than 77% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

32nd percentile

-3.2%

Faster revenue growth than 32% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Up

$6,525,803

Up $736,619 (+13%) from 2015

Net Assets

Down

$5,016,101

Down $73,986 (-1.5%) from 2015

Liabilities

Up

$1,509,702

Up $810,605 (+116%) from 2015

Revenue

Down

$6,349,522

Down $209,941 (-3.2%) from 2015

Expenses

Up

$5,931,696

Up $2,315,476 (+64%) from 2015

Net Income

Down

$417,826

Down $2,525,417 (-86%) from 2015

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

2016

Assets$6,525,803
Liabilities$1,509,702
Net Assets$5,016,101

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

2016

Revenue$6,349,522
Expenses$5,931,696
Net Income$417,826
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 12, 2017
Return Version
2015v3.0
Gross Receipts
$6,400,504
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$2,527,789$2,938,311▲ $410,522
Savings and Temporary Cash Investments$827,764$1,503,838▲ $676,074
Pledges and Grants Receivable$1,300,586$933,268▼ $367,318
Cash and Non-Interest-Bearing Accounts$441,549$706,855▲ $265,306
Accounts Receivable$622,446$395,685▼ $226,761
Prepaid Expenses and Deferred Charges$69,050$47,846▼ $21,204
Total Assets$5,789,184$6,525,803▲ $736,619
Liabilities
Deferred Revenue$215,692$774,821▲ $559,129
Accounts Payable and Accrued Expenses$433,405$684,881▲ $251,476
Unsecured Notes Loans Payable$50,000$50,000→ $0
Total Liabilities$699,097$1,509,702▲ $810,605
Net Assets / Fund Balance
Unrestricted Net Assets$3,216,478$4,341,285▲ $1,124,807
Temporarily Rstr Net Assets$1,873,609$674,816▼ $1,198,793
Total Net Assets Fund Balance$5,090,087$5,016,101▼ $73,986
Total Liabilities and Net Assets / Fund Balance$5,789,184$6,525,803▲ $736,619

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,590,961$570,803$2,161,764
Equipment$556,907$315,371$872,278
Buildings$790,443$17,965$808,408
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ADELE O'SULLIVAN CSJ MDCMO and FounFT$185,102$7,407$192,509
ADELE O'SULLIVAN CSJ MDCMO and Founder-$171,102$21,407$192,509
Brandon S ClarkCEOFT$144,547$34,395$178,942
John H AndrewsCFOFT$141,608$6,438$148,046
Carla Denham MdPsychiatristFT$131,655-$131,655
Kimberly DespresProgram DireFT$118,369-$118,369
Tamela RockerCDOFT$20,227$975$21,202

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$3,125,652
Program Service Revenue
$2,886,040
Investment Income
$2,225
Other Revenue
$335,605
All Other Contributions
$1,932,720
Change in Net Assets
$417,826

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,349,522
Revenue Not Reported on Form 990
$273,543
Total Revenue per Audited Statements
$6,623,065
Total Revenue per Form 990
$6,349,522
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,649,208
Other Expenses$2,207,108
Total Fundraising Expense$381,444
Grants and Similar Amounts Paid$75,380
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,029,165$376,354$220,103$2,625,622
Occupancy$600,189$4,533$4,585$609,307
Current Officers, Directors, Trustees, and Key Employees$417,870$77,503$45,325$540,698
Depreciation Depletion$388,386$1,635$583$390,604
Payroll Taxes$191,727$35,560$20,796$248,083
Other Employee Benefits$181,465$33,657$19,683$234,805
Insurance$80,980$19,822$2,967$103,769
Grants to Domestic Orgs$75,380--$75,380
Fees for Services Accounting$19,615$535-$20,150
Travel$16,847$1,714$992$19,553
Advertising--$15,878$15,878
Other Expenses$5,677$810$4,906$4,906
Interest$1,002$245$143$1,390
Total Functional Expenses$4,962,214$588,038$381,444$5,931,696

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,697,051
Expenses per Audited Statements$5,931,696
Total Expenses per Form 990$5,931,696
Expenses Not Reported on Form 990$765,355
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Lodestar Day Resource CenterPhoenix, AZ3Transitional Housing$75,380
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$386,587
Fundraising Direct Expenses$50,982
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Top Golf$274,345$274,345-$274,345
Garden Tea$112,242$112,242$8,178$104,064
Total Events$386,587$386,587$50,982$335,605
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
Yes
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 4

The organization amended its bylaws, adopted june 8, 2016.

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 ceo and cfo will review the form 990 with the board members.

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 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 senior leadership was reviewed and approved by the ceo 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 H Andrews
Title
CFO
Phone
6027769000
Signed
2017-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brandon S Clark
Voting Board Members
19
Independent Board Members
19
Employees
86
Volunteers
150

Preparer

Firm
Fester & Chapman Pc
Address
9019 E BAHIA DR STE 100, SCOTTSDALE, AZ 85260
Preparer
Rachel R Locke CPA
Phone
6022643077
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 3

In march 2015, the organization formed a subsidiary circle the city behavioral health, llc (behavioral health), with the organization as the sole member. Behavioral health was formed to provide behavioral health services to mentally ill people experiencing homelessness, specifically as an independent contractor for the regional behavioral health authority (rbha). Effective june 2016, the organization discontinued the operations of behavioral health.

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

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. In fiscal year 2016, 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 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. This practice will care for more than 3,800 homeless men, women and children each year.

Form 990, Part XI, Line 9

Net loss from discontinued operations -491,812 total -491,812

Financial Statement Notes

Schedule D, Page 4, Part XII, Line 2D

Net loss from discontinued operations 491,812

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IRS990/Desc0CIRCLE THE CITY'S ("CTC") PROGRAMS ARE DEVELOPED WITH A MISSION TO CREATE AND DELIVER INNOVATIVE HEALTHCARE SOLUTIONS THAT COMPASSIONATELY ADDRESS THE NEEDS OF MEN, WOMEN, AND CHILDREN, FACING HOMELESSNESS. MEDICAL RESPITE PROGRAM - CTC'S 50 BED MEDICAL RESPITE CENTER PROVIDES A TIME AND PLACE TO HEAL FOR ADULT MEN AND WOMEN EXPERIENCING HOMELESSNESS DURING PERIODS OF ACUTE ILLNESS OR INJURY. THE CTC RESPITE CENTER ADMITS 400-500 HOMELESS INDIVIDUALS PER YEAR FOR AN ESTIMATED AVERAGE OF 5-7 WEEKS LENGTH OF STAY. WHILE ADMITTED, PATIENTS RECEIVE MEDICAL CARE FROM CTC'S TEAM OF PHYSICIANS, NURSES, CAREGIVERS, AND OTHER HEALTH PROVIDERS. PATIENTS ARE SCREENED FOR ELIGIBILITY FOR HEALTH INSURANCE, FOOD 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. IN FISCAL YEAR 2016, 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 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. THIS PRACTICE WILL CARE FOR MORE THAN 3,800 HOMELESS MEN, WOMEN AND CHILDREN EACH YEAR.
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Peer Organizations

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