Civic Intelligence

New Liberty Hospital Corporation

EIN 43-1684627 • 501(c)3 • Liberty, MO

Profile

To provide certain long range planning activities and other services to expand the patient base of the New Liberty Hospital District, a related entity.

2525 Glenn Hendren DriveSuiteLiberty, MO 64068

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

51st percentile

0.18x

Higher debt load relative to assets than 51% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

30th percentile

0.09x

Higher debt load relative to revenue than 30% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2014

Net Margin

7th percentile

-36%

Higher net margin than 7% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

96th percentile

$975,240

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 5.6% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2014

Asset Growth

4th percentile

-25%

Faster asset growth than 4% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

15th percentile

-17%

Faster revenue growth than 15% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Assets

Down

$8,643,970

Down $2,956,073 (-25%) from 2013

Liabilities

Down

$1,576,534

Down $4,782,009 (-75%) from 2013

Net Assets

Up

$7,067,436

Up $1,825,936 (+35%) from 2013

Revenue

$17,269,542

No earlier filing loaded for comparison.

Expenses

Up

$23,530,376

Up $814,090 (+3.6%) from 2013

Net Income

-$6,260,834

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2010: $4,382,295Liabilities 2010: $0Net Assets 2010: $4,382,2952010Assets 2011: $4,542,890Liabilities 2011: $0Net Assets 2011: $4,542,8902011Assets 2012: $6,167,121Liabilities 2012: $0Net Assets 2012: $6,167,1212012Assets 2013: $11,600,043Liabilities 2013: $6,358,543Net Assets 2013: $5,241,5002013Assets 2014: $8,643,970Liabilities 2014: $1,576,534Net Assets 2014: $7,067,4362014

Highlighted filing

2014

Assets$8,643,970
Liabilities$1,576,534
Net Assets$7,067,436

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MExpenses 2010: $5,970,7632010Revenue 2011: $546,884Expenses 2011: $20,970Net Income 2011: $525,9142011Revenue 2012: $1,784,205Expenses 2012: $22,795Net Income 2012: $1,761,4102012Expenses 2013: $22,716,2862013Revenue 2014: $17,269,542Expenses 2014: $23,530,376Net Income 2014: -$6,260,8342014

Highlighted filing

2014

Revenue$17,269,542
Expenses$23,530,376
Net Income-$6,260,834

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 15, 2015
Return Version
2013v4.0
Gross Receipts
$17,269,542
Mission and Program Overview

Mission

To provide certain long range planning activities and other services to expand the patient base of the New Liberty Hospital District, a related entity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,057,264$2,604,397▼ $2,452,867
Accounts Receivable$2,070,520$1,875,895▼ $194,625
Land, Buildings, and Equipment, Net$1,281,685$1,446,746▲ $165,061
Investments Program Related$843,609$968,809▲ $125,200
Intangible Assets$1,588,059$820,018▼ $768,041
Cash and Non-Interest-Bearing Accounts$594,485$732,378▲ $137,893
Prepaid Expenses and Deferred Charges$164,310$195,727▲ $31,417
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$11,600,043$8,643,970▼ $2,956,073
Other Assets Total$111$0▼ $111
Liabilities
Accounts Payable and Accrued Expenses$2,262,284$1,520,716▼ $741,568
Other Liabilities$4,096,259$55,818▼ $4,040,441
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$6,358,543$1,576,534▼ $4,782,009
Net Assets / Fund Balance
Unrestricted Net Assets$5,241,500$7,067,436▲ $1,825,936
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$5,241,500$7,067,436▲ $1,825,936
Total Liabilities and Net Assets / Fund Balance$11,600,043$8,643,970▼ $2,956,073

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,446,746$1,695,467$3,142,213
Investment Program Related Org$135,000--
Other Land Buildings$0-$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Demetrios Maragos MdPhysicianFT$644,812$330,428$975,240
Chris SizemoreTrustee/treasurer-$947,062$28,178$975,240
Michael E Gorton MdPhysicianFT$882,258$28,129$910,387
Rick BoswellTrustee/asst Secretary-$882,258$28,129$910,387
Dwarak Soundarraj MdPhysicianFT$518,828$357,639$876,467
Michael Gibson MdPhysicianFT$670,104$29,545$699,649
Dennis CarterTrustee/secretary-$670,104$29,545$699,649
Ryan Huyser MdPhysicianFT$312,947$227,455$540,402
Dan WilliamsVice President-finance-$518,721$21,681$540,402
James M StreuTrustee/vice Chairperson--$359,269$359,269
John HenrichsPresident - Physician Svc.s-$188,085$32,580$220,665
Frank Albani MdTrustee/chairperson--$8,462$8,462

Board Members and Trustees

NameTitle
David FeessPresident/CEO
Stan H ShippertTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$16,936,314
Investment Income
$44,596
Other Revenue
$288,632
Change in Net Assets
$-6,260,834
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$16,760,450
Other Expenses$6,769,926
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$14,402,212$755,013-$15,157,225
Occupancy$1,126,045$125,115-$1,251,160
Depreciation Depletion$380,328$769,083-$1,149,411
Payroll Taxes$676,000$87,535-$763,535
Fees for Services Other$553,055$70,726-$623,781
Other Employee Benefits$412,553$21,627-$434,180
Insurance$382,160--$382,160
Office Expenses$236,076$111,798-$347,874
Pension Plan Contributions$197,170$10,336-$207,506
Current Officers, Directors, Trustees, and Key Employees$188,141$9,863-$198,004
Other Expenses$141,241$9,678-$150,919
Fees for Services Legal$30,589$66,872-$97,461
Conferences and Meetings$46,340--$46,340
Fees for Services Accounting-$19,122-$19,122
Travel$1,746$3,330-$5,076
Total Functional Expenses$21,450,234$2,080,142$0$23,530,376
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$55,818
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
Other officer compensation reviewed
No
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, Part VI, Section A, Line 2

Stan shippert, james streu, frank albani, rick boswell, dennis carter, chris sizemore, david feess and dan williams have business relationships.

Form 990, Part VI, Section A, Line 7A

New liberty hospital district has the right to appoint board members of new liberty hospital corporation.

Form 990, Part VI, Section B, Line 11A

An independent accounting firm prepares and reviews the 990. The 990 is then reviewed by the organization's officers and accounting personnel. Any questions and concerns the organization's officers and accounting personnel have are addressed and any corrections or clarifications that need to be made are made. The board of trustees is provided a copy of the final 990 prior to filing.

Form 990, Part VI, Section B, Line 12C

At the time of hire or election (in the case of trustees) and annually thereafter, the officers, trustees, and key employees shall provide the applicable conflict of interest disclosures which shall be completed to identify any relationships, positions, or circumstances in which it is believed a conflict may arise. If a conflict arises, the officer, trustee or key employee abstains from the vote on the conflicted position. Annual monitoring and review procedure shall be part of the organization's compliance plan. An appropriate report shall be submitted to the executive board concerning any interest disclosed.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

EIN
43-1684627
In Care Of
% DAMARA HARPER
Phone
8167927012

Signing Officer

Name
David Feess
Title
President/CEO
Phone
8167927012
Signed
2015-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Feess
Formed
1994
Legal Domicile
Mo
Voting Board Members
6
Independent Board Members
6
Employees
204
Volunteers
6

Preparer

Preparer
Kevin Ensminger CPA
Phone
8167927012
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

This corporation shall be organized and operated exclusively for charitable, scientific and educational purposes and shall be organized and operated exclusively and soley for the benefit of the new liberty hospital district of clay, county, missouri, a political subdivision of the state of missouri organized pursuant to chapter 206 of the revised statutes of missouri.

Form 990, Part XI, Line 9

Equity transfer from new liberty hospital district $ 8,087,021

Financial Statement Notes

Schedule D, Part X, Line 2

Management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.

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IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SEE SCHEDULE O
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0111798
IRS990/OfficeExpensesGrp/ProgramServicesAmt0236076
IRS990/OfficeExpensesGrp/TotalAmt0347874
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0111
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt08087021
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt021627
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0412553
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0434180
IRS990/OtherExpensesGrp/Desc0Supplies
IRS990/OtherExpensesGrp/Desc1Bad Debt Expense
IRS990/OtherExpensesGrp/Desc2Repairs & maintenance
IRS990/OtherExpensesGrp/Desc3Miscellaneous expenses
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt020044
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt19678
IRS990/OtherExpensesGrp/ProgramServicesAmt01139923
IRS990/OtherExpensesGrp/ProgramServicesAmt11295209
IRS990/OtherExpensesGrp/ProgramServicesAmt2241446
IRS990/OtherExpensesGrp/ProgramServicesAmt3141241
IRS990/OtherExpensesGrp/TotalAmt01139923
IRS990/OtherExpensesGrp/TotalAmt11295209
IRS990/OtherExpensesGrp/TotalAmt2261490
IRS990/OtherExpensesGrp/TotalAmt3150919
IRS990/OtherLiabilitiesGrp/BOYAmt04096259
IRS990/OtherLiabilitiesGrp/EOYAmt055818
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
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IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt033632
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IRS990/OtherRevenueTotalAmt0288632
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IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt087535
IRS990/PayrollTaxesGrp/ProgramServicesAmt0676000
IRS990/PayrollTaxesGrp/TotalAmt0763535
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt010336
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0197170
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IRS990/ProgramServiceRevenueGrp/BusinessCd1900003
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IRS990/ProgramServiceRevenueGrp/Desc1SURGERY CENTER AT LH GAIN/LOSS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt016899494
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IRS990/PYTotalRevenueAmt020757612
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-6260834
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RevenueAmt017191314
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/CertificationInd0X
IRS990ScheduleA/Contribution35ControlledInd0false
IRS990ScheduleA/ContributionControllerInd0false
IRS990ScheduleA/ContributionFamilyInd0false
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0430977042
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc003
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt021450233
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine10NEW LIBERTY HOSPITAL DISTRICT
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt021450233
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt01446746
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01695467
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03142213
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0833809
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1135000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INVESTMENT IN AFFILIATE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1HEALTHY LIVING CENTER OF LH
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt055818
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PART X, LINE 2
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IRS990ScheduleD/TotalBookValueProgramRltdAmt0968809
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IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false

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