Civic Intelligence

Toledo-Lucas County Carenet Inc.

990 • Fiscal year 2017 • EIN 43-1986672

Jan 01, 2017 to Dec 31, 2017 • Filed on Feb 27, 2018

3231 Central Park West DrToledo, OH 43617

(419) 842-0800

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.20x

Higher debt load relative to assets than 62% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

72nd percentile

0.34x

Higher debt load relative to revenue than 72% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

76th percentile

18%

Higher net margin than 76% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

53rd percentile

$69,867

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 10.3% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

60th percentile

6.9%

Faster asset growth than 60% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

49th percentile

3.9%

Faster revenue growth than 49% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,163,697

Up $75,030 (+6.9%) from 2016

Net Assets

Up

$936,486

Up $119,062 (+15%) from 2016

Liabilities

Down

$227,211

Down $44,032 (-16%) from 2016

Revenue

Up

$676,153

Up $25,195 (+3.9%) from 2016

Expenses

Down

$557,091

Down $22,895 (-3.9%) from 2016

Net Income

Up

$119,062

Up $48,090 (+68%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $334,141Liabilities 2010: $2,328Net Assets 2010: $331,8132010Assets 2011: $380,582Liabilities 2011: $5,126Net Assets 2011: $375,4562011Assets 2012: $472,685Liabilities 2012: $33,519Net Assets 2012: $439,1662012Assets 2013: $726,734Liabilities 2013: $233,146Net Assets 2013: $493,5882013Assets 2014: $876,443Liabilities 2014: $255,523Net Assets 2014: $620,9202014Assets 2015: $1,001,862Liabilities 2015: $255,410Net Assets 2015: $746,4522015Assets 2016: $1,088,667Liabilities 2016: $271,243Net Assets 2016: $817,4242016Assets 2017: $1,163,697Liabilities 2017: $227,211Net Assets 2017: $936,4862017Assets 2018: $1,175,229Liabilities 2018: $295,114Net Assets 2018: $880,1152018Assets 2019: $1,208,992Liabilities 2019: $307,215Net Assets 2019: $901,7772019Assets 2020: $1,385,323Liabilities 2020: $463,563Net Assets 2020: $921,7602020Assets 2021: $1,464,275Liabilities 2021: $412,835Net Assets 2021: $1,051,4402021Assets 2022: $1,351,419Liabilities 2022: $98,736Net Assets 2022: $1,252,6832022Assets 2023: $1,388,261Liabilities 2023: $85,270Net Assets 2023: $1,302,9912023Assets 2024: $1,538,095Liabilities 2024: $30,427Net Assets 2024: $1,507,6682024

Highlighted filing

2017

Assets$1,163,697
Liabilities$227,211
Net Assets$936,486

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $332,8692010Expenses 2011: $369,3402011Expenses 2012: $377,8942012Revenue 2013: $536,605Expenses 2013: $482,183Net Income 2013: $54,4222013Revenue 2014: $633,390Expenses 2014: $506,058Net Income 2014: $127,3322014Revenue 2015: $708,553Expenses 2015: $583,021Net Income 2015: $125,5322015Revenue 2016: $650,958Expenses 2016: $579,986Net Income 2016: $70,9722016Revenue 2017: $676,153Expenses 2017: $557,091Net Income 2017: $119,0622017Revenue 2018: $400,773Expenses 2018: $457,144Net Income 2018: -$56,3712018Revenue 2019: $543,766Expenses 2019: $522,104Net Income 2019: $21,6622019Revenue 2020: $579,508Expenses 2020: $559,525Net Income 2020: $19,9832020Revenue 2021: $628,753Expenses 2021: $499,073Net Income 2021: $129,6802021Revenue 2022: $958,718Expenses 2022: $757,475Net Income 2022: $201,2432022Revenue 2023: $992,105Expenses 2023: $941,797Net Income 2023: $50,3082023Revenue 2024: $1,020,526Expenses 2024: $815,849Net Income 2024: $204,6772024

Highlighted filing

2017

Revenue$676,153
Expenses$557,091
Net Income$119,062
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Feb 27, 2018
Return Version
2017v2.2
Gross Receipts
$676,153
Mission and Program Overview

Mission

To provide access to coordinated health care services for low income residents of lucas county.

Providing access to coordinated health care services for low income residents of lucas county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$909,582$936,969▲ $27,387
Accounts Receivable$126,500$199,000▲ $72,500
Pledges and Grants Receivable$52,043$27,624▼ $24,419
Prepaid Expenses and Deferred Charges$542$104▼ $438
Total Assets$1,088,667$1,163,697▲ $75,030
Liabilities
Deferred Revenue$199,000$203,280▲ $4,280
Accounts Payable and Accrued Expenses$60,028$21,378▼ $38,650
Other Liabilities$12,215$2,553▼ $9,662
Total Liabilities$271,243$227,211▼ $44,032
Net Assets / Fund Balance
Unrestricted Net Assets$777,021$887,823▲ $110,802
Temporarily Rstr Net Assets$40,403$48,663▲ $8,260
Total Net Assets Fund Balance$817,424$936,486▲ $119,062
Total Liabilities and Net Assets / Fund Balance$1,088,667$1,163,697▲ $75,030
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Jan RumaExecutive DiPT$69,867$69,867

Board Members and Trustees

NameTitle
Dr Arthur ManciniChairman of
Barbara PeteeVice Chair O
Angela AckermanDirector
Daniel WakemanDirector
Doni MillerDirector
Eric ZgodzinskiDirector
Paula Hicks-hudsonDirector
Jan RumaExecutive Director
Ahmed DaboulCommunity Le
Guisselle MendozaCommunity Le
Melinda CreeSecretary
Sr Dorothy ThumTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$335,958
Program Service Revenue
$335,435
Investment Income
$4,422
Other Revenue
$338
All Other Contributions
$296,958
Change in Net Assets
$119,062

Audited Revenue Reconciliation

Revenue per Audited Statements
$676,153
Total Revenue per Audited Statements
$676,153
Total Revenue per Form 990
$676,153
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$557,091
Total Fundraising Expense$3,530
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$482,468$25,213$3,522$511,203
Fees for Services Accounting-$6,650-$6,650
Travel$6,448--$6,448
Other Expenses$1,783$49$8$1,783
Insurance$1,687--$1,687
Office Expenses$756--$756
All Other Expenses$395$200-$595
Total Functional Expenses$521,449$32,112$3,530$557,091

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$557,091
Total Expenses per Audited Statements$557,091
Total Expenses per Form 990$557,091
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Payables$2,553
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
Yes
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
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 7A

Toledo/lucas county carenet has 9 members, each of whom elects one director. There are also 2 at large members who are elected by the original 9 members.

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

The 990 is reviewed by the executive director and finance committee before it is signed.

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

Board members are required to disclose the existence and nature of any financial interest to the directors and members of committees with board delegated powers considering the proposed arrangement. The remaining members decide if a conflict of interest exists.

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

Members of the board of directors complete an evaluation of the executive director annually.

Form 990, Page 6, Part VI, Line 19

Available at 3231 central park west dr, toledo, oh. 43617, monday - friday by appointment. Also, the 990 may be accessed at www.guidestar.org.

Filing and Contact Details

Filer

Filer Name
Toledolucas County Carenet Inc
EIN
43-1986672
Phone
4198420800
Address
3231 CENTRAL PARK WEST DR, TOLEDO, OH 43617

Signing Officer

Name
Jan Ruma
Title
Executive Director
Phone
4198420800
Signed
2018-02-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jan Ruma
Formed
2002
Legal Domicile
Oh
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
150

Preparer

Firm
Bock Korsnack & Hinds Inc
Address
1607 HOLLAND RD PO BOX 1145, MAUMEE, OH 43537
Preparer
Robert B Korsnack Jr
Phone
4198933371
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

Toledo-lucas county carenet is exempt from federal, state, and local income taxes under internal revenue code section 501(c)(3) as a not for profit organization and has been classified as an organization that is not a private foundation under section 509(a) of the internal revenue code. The organization believes it has appropriate support for any tax positions taken and, as such, does not have any uncertain tax postions that are material to the financial statements.

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IRS990/ProgSrvcAccomActy2Grp/Desc0TOLEDO-LUCAS COUNTY CARENET PROVIDED NAVIGATION SERVICES FOR OHIO MEDICAID AND THE FEDERAL HEALTHCARE MARKETPLACE.
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IRS990ScheduleA/TotalSupportAmt01851431
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IRS990ScheduleD/ExpensesSubtotalAmt0557091
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02553
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER PAYABLES
IRS990ScheduleD/RevenueSubtotalAmt0676153
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TOLEDO-LUCAS COUNTY CARENET IS EXEMPT FROM FEDERAL, STATE, AND LOCAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AS A NOT FOR PROFIT ORGANIZATION AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSTIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0TOLEDO/LUCAS COUNTY CARENET HAS NO EMPLOYEES. A FEE IS PAID TO THE HOSPITAL COUNCIL OF NORTHWEST OHIO, WHICH INCLUDES AMOUNTS FOR THE SERVICES OF THE EXECUTIVE DIRECTOR OF CARENET AS WELL AS OTHER EMPLOYEES THAT PERFORM SERVICES FOR CARENET.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, PART III
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TOLEDO/LUCAS COUNTY CARENET HAS 9 MEMBERS, EACH OF WHOM ELECTS ONE DIRECTOR. THERE ARE ALSO 2 AT LARGE MEMBERS WHO ARE ELECTED BY THE ORIGINAL 9 MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND FINANCE COMMITTEE BEFORE IT IS SIGNED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ARE REQUIRED TO DISCLOSE THE EXISTENCE AND NATURE OF ANY FINANCIAL INTEREST TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS CONSIDERING THE PROPOSED ARRANGEMENT. THE REMAINING MEMBERS DECIDE IF A CONFLICT OF INTEREST EXISTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMBERS OF THE BOARD OF DIRECTORS COMPLETE AN EVALUATION OF THE EXECUTIVE DIRECTOR ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABLE AT 3231 CENTRAL PARK WEST DR, TOLEDO, OH. 43617, MONDAY - FRIDAY BY APPOINTMENT. ALSO, THE 990 MAY BE ACCESSED AT WWW.GUIDESTAR.ORG.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0521449
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IRS990/TotalProgramServiceRevenueAmt0335435
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0340195
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0676153
IRS990/TotalVolunteersCnt0150
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IRS990/TravelGrp/TotalAmt06448
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UnrestrictedNetAssetsGrp/BOYAmt0777021
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03231 CENTRAL PARK WEST DR 200
IRS990/USAddress/CityNm0TOLEDO
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd043617
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IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.TOLEDOCARENET.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JAN RUMA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04198420800
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-02-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TOLEDOLUCAS COUNTY CARENET INC
ReturnHeader/Filer/BusinessNameControlTxt0TOLE
ReturnHeader/Filer/EIN0431986672
ReturnHeader/Filer/PhoneNum04198420800
ReturnHeader/Filer/USAddress/AddressLine1Txt03231 CENTRAL PARK WEST DR
ReturnHeader/Filer/USAddress/CityNm0TOLEDO

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.54$0.03$1.51$1.02$0.82$0.20
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.39$0.09$1.30$0.99$0.94$0.05
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.35$0.10$1.25$0.96$0.76$0.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.46$0.41$1.05$0.63$0.50$0.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.39$0.46$0.92$0.58$0.56$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.21$0.31$0.90$0.54$0.52$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$0.30$0.88$0.40$0.46$0.06
2017Detailed filing. Detailed filing data is available for this year.$1.16$0.23$0.94$0.68$0.56$0.12
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.09$0.27$0.82$0.65$0.58$0.07
2015Detailed filing. Detailed filing data is available for this year.$1.00$0.26$0.75$0.71$0.58$0.13
2014Detailed filing. Detailed filing data is available for this year.$0.88$0.26$0.62$0.63$0.51$0.13
2013Detailed filing. Detailed filing data is available for this year.$0.73$0.23$0.49$0.54$0.48$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.03$0.44$0.38
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$0.01$0.38$0.37
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.00$0.33$0.33