Civic Intelligence

Circle the City

990 • Fiscal year 2017 • EIN 26-2420730

Jul 01, 2016 to Jun 30, 2017 • Filed on Mar 27, 2018

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

57th percentile

0.23x

Higher debt load relative to assets than 57% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

55th percentile

0.21x

Higher debt load relative to revenue than 55% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

57th percentile

5.2%

Higher net margin than 57% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

76th percentile

$200,178

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

62nd percentile

8.0%

Faster asset growth than 62% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

77th percentile

24%

Faster revenue growth than 77% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Up

$7,044,721

Up $518,918 (+8.0%) from 2016

Net Assets

Up

$5,427,576

Up $411,475 (+8.2%) from 2016

Liabilities

Up

$1,617,145

Up $107,443 (+7.1%) from 2016

Revenue

Up

$7,857,226

Up $1,507,704 (+24%) from 2016

Expenses

Up

$7,445,751

Up $1,514,055 (+26%) from 2016

Net Income

Down

$411,475

Down $6,351 (-1.5%) from 2016

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

2017

Assets$7,044,721
Liabilities$1,617,145
Net Assets$5,427,576

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

2017

Revenue$7,857,226
Expenses$7,445,751
Net Income$411,475
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Mar 27, 2018
Return Version
2016v3.1
Gross Receipts
$7,913,961
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$2,938,311$2,654,926▼ $283,385
Savings and Temporary Cash Investments$1,503,838$2,210,136▲ $706,298
Pledges and Grants Receivable$933,268$872,469▼ $60,799
Accounts Receivable$395,685$669,877▲ $274,192
Cash and Non-Interest-Bearing Accounts$706,855$579,142▼ $127,713
Prepaid Expenses and Deferred Charges$47,846$58,171▲ $10,325
Total Assets$6,525,803$7,044,721▲ $518,918
Liabilities
Accounts Payable and Accrued Expenses$684,881$828,139▲ $143,258
Deferred Revenue$774,821$739,006▼ $35,815
Unsecured Notes Loans Payable$50,000$50,000→ $0
Total Liabilities$1,509,702$1,617,145▲ $107,443
Net Assets / Fund Balance
Unrestricted Net Assets$4,341,285$4,749,236▲ $407,951
Temporarily Rstr Net Assets$674,816$678,340▲ $3,524
Total Net Assets Fund Balance$5,016,101$5,427,576▲ $411,475
Total Liabilities and Net Assets / Fund Balance$6,525,803$7,044,721▲ $518,918

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,436,794$790,599$2,227,393
Equipment$449,246$453,167$902,413
Buildings$768,886$39,522$808,408
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brandon S ClarkCEOFT$191,019$9,159$200,178
SISTER ADELE O'SULLIVAN CSJ MDCMOFT$191,177$4,020$195,197
Janna HamiMedical DireFT$161,821$6,877$168,698
Janna HamiMedical Director-$161,821$6,877$168,698
John H AndrewsCFOFT$155,679$7,074$162,753
Kimberly DespresProgram DireFT$120,633$1,930$122,563
Diane ElmorePhysicianFT$114,863$2,312$117,175

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,493,754
Program Service Revenue
$4,991,689
Investment Income
$3,710
Other Revenue
$368,073
All Other Contributions
$1,346,712
Change in Net Assets
$411,475

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$41,915Fair Market Value (FMV)
Total Noncash Contributions1$41,915-

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,857,226
Revenue Not Reported on Form 990
$250,092
Total Revenue per Audited Statements
$8,107,318
Total Revenue per Form 990
$7,857,226
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,875,552
Other Expenses$2,570,199
Total Fundraising Expense$550,537
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,602,497$597,135$347,785$3,547,417
Occupancy$602,885$89,335$2,982$695,202
Fees for Services Other$563,198$11,807$36,154$611,159
Current Officers, Directors, Trustees, and Key Employees$409,460$93,950$54,718$558,128
Other Employee Benefits$338,462$77,659$45,230$461,351
Depreciation Depletion$388,163$2,104$88$390,355
Payroll Taxes$226,440$51,956$30,260$308,656
Insurance$80,699$3,491$1,510$85,700
Fees for Services Accounting$40,634$852$2,608$44,094
Travel$31,504$2,170$1,325$34,999
Fees for Services Legal$9,208$193$591$9,992
Advertising--$9,159$9,159
Other Expenses$387$53$6,865$7,305
Interest$821$123$74$1,018
Total Functional Expenses$5,954,566$940,648$550,537$7,445,751

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,695,843
Expenses per Audited Statements$7,445,751
Total Expenses per Form 990$7,445,751
Expenses Not Reported on Form 990$250,092
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$424,808
Fundraising Direct Expenses$56,735
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Top Golf$201,925$201,925-$201,925
Garden Tea$162,957$162,957$12,365$150,592
Total Events$424,808$424,808$56,735$368,073
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 is 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
2018-03-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brandon S Clark
Voting Board Members
18
Independent Board Members
18
Employees
104
Volunteers
325

Preparer

Firm
Fester & Chapman Pllc
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 4A

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 30 days 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, licensed community social workers, substance abuse therapy, and community health workers. Additionally, a 2- exam room mobile unit and street-based teams provide outreach services into the community as an extension of the fixed site practice. Program growth - late in 2017, ctc received health resources and services administration (hrsa) notice of award for a supplemental competitive area competition enabling expansion to the downtown phoenix human services campus with both a planned family health center and medical respite center that together with four ancillary sites plus our existing sites will position us to serve more than 10,000 unique patients. Program excellence - the ctc medical respite program recently participated in a three-year study as a sub-recipient under a cms health innovations grant. In order for a medical respite program to be eligible to participate in the study, ctc's primary referral hospital(s)/hospital system(s) had to agree to share data including hospital claims, diagnoses, procedures, costs, and medicaid reimbursements for study enrollees on a quarterly basis. Hospital data was intended to help project administrators gain insight into local trends in advance of receiving state medicaid data which was collected less frequently. The study found that the combined medicaid and medicare reimbursement per enrollee per month changed from 2,220 in the 12 months pre-respite admission to 930 in the 12 months post-respite discharge, a 58% reduction.

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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. OUR PROGRAMS INCLUDE HEALTHCARE DELIVERY VIA MEDICAL RESPITE CENTERS, FAMILY HEALTH CENTERS, A MOBILE MEDICAL UNIT, AND INTERMITTENT STREET OUTREACH. BASED ON OUR MOST RECENT UNIFORM DATA SYSTEM SUBMISSION FOR CALENDAR 2017 OUR UNIQUE PATIENT COUNT IS MORE THAN 4,000. (CONTINUED ON SCHEDULE O) 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 30 DAYS 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, LICENSED COMMUNITY SOCIAL WORKERS, SUBSTANCE ABUSE THERAPY, AND COMMUNITY HEALTH WORKERS. ADDITIONALLY, A 2- EXAM ROOM MOBILE UNIT AND STREET-BASED TEAMS PROVIDE OUTREACH SERVICES INTO THE COMMUNITY AS AN EXTENSION OF THE FIXED SITE PRACTICE. PROGRAM GROWTH - LATE IN 2017, CTC RECEIVED HEALTH RESOURCES AND SERVICES ADMINISTRATION (HRSA) NOTICE OF AWARD FOR A SUPPLEMENTAL COMPETITIVE AREA COMPETITION ENABLING EXPANSION TO THE DOWNTOWN PHOENIX HUMAN SERVICES CAMPUS WITH BOTH A PLANNED FAMILY HEALTH CENTER AND MEDICAL RESPITE CENTER THAT TOGETHER WITH FOUR ANCILLARY SITES PLUS OUR EXISTING SITES WILL POSITION US TO SERVE MORE THAN 10,000 UNIQUE PATIENTS. PROGRAM EXCELLENCE - THE CTC MEDICAL RESPITE PROGRAM RECENTLY PARTICIPATED IN A THREE-YEAR STUDY AS A SUB-RECIPIENT UNDER A CMS HEALTH INNOVATIONS GRANT. IN ORDER FOR A MEDICAL RESPITE PROGRAM TO BE ELIGIBLE TO PARTICIPATE IN THE STUDY, CTC'S PRIMARY REFERRAL HOSPITAL(S)/HOSPITAL SYSTEM(S) HAD TO AGREE TO SHARE DATA INCLUDING HOSPITAL CLAIMS, DIAGNOSES, PROCEDURES, COSTS, AND MEDICAID REIMBURSEMENTS FOR STUDY ENROLLEES ON A QUARTERLY BASIS. HOSPITAL DATA WAS INTENDED TO HELP PROJECT ADMINISTRATORS GAIN INSIGHT INTO LOCAL TRENDS IN ADVANCE OF RECEIVING STATE MEDICAID DATA WHICH WAS COLLECTED LESS FREQUENTLY. THE STUDY FOUND THAT THE COMBINED MEDICAID AND MEDICARE REIMBURSEMENT PER ENROLLEE PER MONTH CHANGED FROM 2,220 IN THE 12 MONTHS PRE-RESPITE ADMISSION TO 930 IN THE 12 MONTHS POST-RESPITE DISCHARGE, A 58% REDUCTION.
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