Civic Intelligence

The Robotic Assisted Microsurgical & Endoscopic Society

990 • Fiscal year 2022 • EIN 27-5123703

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 09, 2023

1061 E Main St Ste 300East Dundee, IL 60118

(847) 752-6245

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.24x

Higher debt load relative to assets than 83% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

68th percentile

0.05x

Higher debt load relative to revenue than 68% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Net Margin

38th percentile

-3.1%

Higher net margin than 38% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

8th percentile

-39%

Faster asset growth than 8% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

99th percentile

2602%

Faster revenue growth than 99% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$45,940

Down $29,726 (-39%) from 2021

Net Assets

Down

$34,922

Down $6,669 (-16%) from 2021

Liabilities

Down

$11,018

Down $23,057 (-68%) from 2021

Revenue

Up

$216,230

Up $208,228 (+2602%) from 2021

Expenses

Up

$222,899

Up $218,189 (+4632%) from 2021

Net Income

Down

-$6,669

Down $9,961 (-303%) from 2021

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2014: $13,122Net Assets 2014: $13,1222014Assets 2016: $36,127Net Assets 2016: $36,1272016Assets 2017: $7,766Net Assets 2017: $7,7662017Assets 2019: $47,083Net Assets 2019: $47,0832019Assets 2020: $38,299Net Assets 2020: $38,2992020Assets 2021: $75,666Liabilities 2021: $34,075Net Assets 2021: $41,5912021Assets 2022: $45,940Liabilities 2022: $11,018Net Assets 2022: $34,9222022

Highlighted filing

2022

Assets$45,940
Liabilities$11,018
Net Assets$34,922

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2014: $158,483Expenses 2014: $178,404Net Income 2014: -$19,9212014Revenue 2016: $139,296Expenses 2016: $106,325Net Income 2016: $32,9712016Revenue 2017: $157,349Expenses 2017: $185,710Net Income 2017: -$28,3612017Revenue 2019: $154,567Expenses 2019: $111,395Net Income 2019: $43,1722019Revenue 2020: $3Expenses 2020: $8,787Net Income 2020: -$8,7842020Revenue 2021: $8,002Expenses 2021: $4,710Net Income 2021: $3,2922021Revenue 2022: $216,230Expenses 2022: $222,899Net Income 2022: -$6,6692022

Highlighted filing

2022

Revenue$216,230
Expenses$222,899
Net Income-$6,669
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 9, 2023
Return Version
2022v5.0
Gross Receipts
$216,230
Mission and Program Overview

Mission

The concept of a multi-specialty group dedicated to the study and evaluation of robotic assisted microsurgery came about from the need of a supportive and open environment for microsurgeons who have an interest in this field to explore the possible applications of such technology.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$24,106$45,940▲ $21,834
Accounts Receivable$42,060--
Prepaid Expenses and Deferred Charges$9,500--
Total Assets$75,666$45,940▼ $29,726
Liabilities
Deferred Revenue$34,075--
Accounts Payable and Accrued Expenses-$11,018-
Total Liabilities$34,075$11,018▼ $23,057
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$41,591$34,922▼ $6,669
Total Net Assets Fund Balance$41,591$34,922▼ $6,669
Total Liabilities and Net Assets / Fund Balance$75,666$45,940▼ $29,726
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$216,225
Investment Income
$5
Other Revenue
$0
Change in Net Assets
$-6,669
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$222,899
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$84,785$1,094-$85,879
Conferences and Meetings$78,899--$78,899
Fees for Services Management-$45,000-$45,000
Other Expenses-$8,193-$8,193
Office Expenses-$4,928-$4,928
Total Functional Expenses$163,684$59,215$0$222,899
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
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Form 990 is prepared by a cpa firm and it is provided to the board for review prior to filing.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Robotic Assisted Microsurgical
EIN
27-5123703
Phone
8477526245
Address
1061 E MAIN ST STE 300, EAST DUNDEE, IL 60118

Signing Officer

Name
Sijo Parekattil Md
Title
Director
Signed
2023-10-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sijo Parekattil Md
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

Firm
Miller Verchota Inc Cpas
Address
444 N IL ROUTE 31 STE 104, CRYSTAL LAKE, IL 60012
Preparer
Emily Fornwall CPA
Phone
8154778000
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The concept of a multi-specialty group dedicated to the study and evaluation of robotic assisted microsurgery came about from the need of a supportive and open environment for microsurgeons who have an interest in this field to explore the possible applications of such technology.

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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/ExplanationTxt1FORM 990 IS PREPARED BY A CPA FIRM AND IT IS PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE ROBOTIC ASSISTED MICROSURGICAL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0& ENDOSCOPIC SOCIETY
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