Civic Intelligence

Metropolitan Medical Practice Plan PC

990 • Fiscal year 2020 • EIN 45-2094671

Jul 01, 2019 to Jun 30, 2020 • Filed on May 13, 2021

234 East 149th StreetBronx, NY 10451

(718) 579-6200

Siviq Scores

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

Liabilities / Assets

49th percentile

0.45x

Higher debt load relative to assets than 49% of similar nonprofits.

2020 filings • NTEE E • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

37th percentile

0.20x

Higher debt load relative to revenue than 37% of similar nonprofits.

2020 filings • NTEE E • $10M-$25M nonprofits • Source year 2020

Net Margin

38th percentile

0.3%

Higher net margin than 38% of similar nonprofits.

2020 filings • NTEE E • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

68th percentile

$711,656

Higher top officer pay than 68% of similar nonprofits.

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

2020 filings • NTEE E • $10M-$25M nonprofits • Source year 2020

Asset Growth

19th percentile

-3.0%

Faster asset growth than 19% of similar nonprofits.

2020 filings • NTEE E • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

34th percentile

-3.4%

Faster revenue growth than 34% of similar nonprofits.

2020 filings • NTEE E • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Down

$5,689,902

Down $178,876 (-3.0%) from 2019

Net Assets

Up

$3,122,093

Up $35,906 (+1.2%) from 2019

Liabilities

Down

$2,567,809

Down $214,782 (-7.7%) from 2019

Revenue

Down

$12,706,749

Down $453,604 (-3.4%) from 2019

Expenses

Down

$12,670,843

Down $237,456 (-1.8%) from 2019

Net Income

Down

$35,906

Down $216,148 (-86%) from 2019

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 2013: $9,065,319Liabilities 2013: $5,712,728Net Assets 2013: $3,352,5912013Assets 2014: $6,746,296Liabilities 2014: $2,681,721Net Assets 2014: $4,064,5752014Assets 2015: $7,296,657Liabilities 2015: $2,818,549Net Assets 2015: $4,478,1082015Assets 2016: $7,467,341Liabilities 2016: $2,331,587Net Assets 2016: $5,135,7542016Assets 2017: $6,913,457Liabilities 2017: $2,823,377Net Assets 2017: $4,090,0802017Assets 2018: $6,926,450Liabilities 2018: $4,092,317Net Assets 2018: $2,834,1332018Assets 2019: $5,868,778Liabilities 2019: $2,782,591Net Assets 2019: $3,086,1872019Assets 2020: $5,689,902Liabilities 2020: $2,567,809Net Assets 2020: $3,122,0932020Assets 2021: $6,076,770Liabilities 2021: $2,588,786Net Assets 2021: $3,487,9842021Assets 2022: $9,647,049Liabilities 2022: $6,150,845Net Assets 2022: $3,496,2042022Assets 2023: $10,619,683Liabilities 2023: $5,989,810Net Assets 2023: $4,629,8732023Assets 2024: $18,352,173Liabilities 2024: $10,353,745Net Assets 2024: $7,998,4282024

Highlighted filing

2020

Assets$5,689,902
Liabilities$2,567,809
Net Assets$3,122,093

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2013: $11,897,097Expenses 2013: $10,711,716Net Income 2013: $1,185,3812013Revenue 2014: $12,627,078Expenses 2014: $11,915,094Net Income 2014: $711,9842014Revenue 2015: $14,759,976Expenses 2015: $14,346,443Net Income 2015: $413,5332015Revenue 2016: $13,778,075Expenses 2016: $13,120,429Net Income 2016: $657,6462016Revenue 2017: $13,329,998Expenses 2017: $14,375,672Net Income 2017: -$1,045,6742017Revenue 2018: $13,780,883Expenses 2018: $15,036,830Net Income 2018: -$1,255,9472018Revenue 2019: $13,160,353Expenses 2019: $12,908,299Net Income 2019: $252,0542019Revenue 2020: $12,706,749Expenses 2020: $12,670,843Net Income 2020: $35,9062020Revenue 2021: $14,643,918Expenses 2021: $14,278,027Net Income 2021: $365,8912021Revenue 2022: $17,196,034Expenses 2022: $17,187,814Net Income 2022: $8,2202022Revenue 2023: $16,969,067Expenses 2023: $15,835,398Net Income 2023: $1,133,6692023Revenue 2024: $26,011,628Expenses 2024: $22,643,073Net Income 2024: $3,368,5552024

Highlighted filing

2020

Revenue$12,706,749
Expenses$12,670,843
Net Income$35,906
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 13, 2021
Return Version
2019v5.0
Gross Receipts
$12,706,749
Mission and Program Overview

Mission

Our mission is to be the clinical service provider at metropolitan hospital.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$1,956,676$3,043,496▲ $1,086,820
Cash and Non-Interest-Bearing Accounts$3,912,102$2,646,406▼ $1,265,696
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$5,868,778$5,689,902▼ $178,876
Other Assets Total-$0-
Liabilities
Other Liabilities$2,477,626$2,144,790▼ $332,836
Accounts Payable and Accrued Expenses$304,965$423,019▲ $118,054
Total Liabilities$2,782,591$2,567,809▼ $214,782
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,588,543$1,624,449▲ $35,906
Net Assets With Donor Restrictions$1,497,644$1,497,644→ $0
Total Net Assets Fund Balance$3,086,187$3,122,093▲ $35,906
Total Liabilities and Net Assets / Fund Balance$5,868,778$5,689,902▼ $178,876
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$12,599,999
Investment Income
$0
Other Revenue
$106,750
Change in Net Assets
$35,906
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$12,670,843
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
Other Expenses$110,000--$110,000
Occupancy-$55,873-$55,873
Fees for Services Accounting-$7,000-$7,000
Conferences and Meetings-$1,731-$1,731
Total Functional Expenses$12,606,239$64,604$0$12,670,843
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Physician Affiliate Group of Ny$2,144,790
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

The board members approve major decisions on behalf of shareholders.

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 is reviewed by the president and the finance and management official of the corporation.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Made available upon written request.

Filing and Contact Details

Filer

Filer Name
Metropolitan Medical Practice Plan Pc
EIN
45-2094671
Phone
7185796200
Address
234 EAST 149TH STREET, BRONX, NY 10451

Signing Officer

Name
Sari Kaminsky Md
Title
President
Signed
2021-05-13
Discuss with paid preparer
Yes

Organization Details

Formed
2011
Legal Domicile
Ny
Voting Board Members
16
Independent Board Members
0
Employees
0

Preparer

Firm
Bruce Danoff CPA
Address
8549 258th St, Floral Park, NY 11001
Preparer
Bruce Danoff CPA
Phone
2126877711
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IRS990/NetAssetsOrFundBalancesEOYAmt03122093
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01588543
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IRS990/OccupancyGrp/ManagementAndGeneralAmt055873
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IRS990/OfficeExpensesGrp/TotalAmt00
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0CONTRACTED SERVICES
IRS990/OtherExpensesGrp/Desc1BILLING SERVICES
IRS990/OtherExpensesGrp/Desc2OVERHEAD
IRS990/OtherExpensesGrp/Desc3PHYSICIAN EXCELLENCE FUNDS
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IRS990/OtherExpensesGrp/ProgramServicesAmt11342992
IRS990/OtherExpensesGrp/ProgramServicesAmt2203500
IRS990/OtherExpensesGrp/ProgramServicesAmt3110000
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IRS990/OtherExpensesGrp/TotalAmt11342992
IRS990/OtherExpensesGrp/TotalAmt2203500
IRS990/OtherExpensesGrp/TotalAmt3110000
IRS990/OtherLiabilitiesGrp/BOYAmt02477626
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IRS990/OtherRevenueTotalAmt0106750
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
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IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0FACULTY PRACTICE PLAN
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt012599999
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
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IRS990/PYOtherExpensesAmt012908299
IRS990/PYProgramServiceRevenueAmt013160353
IRS990/PYRevenuesLessExpensesAmt0252054
IRS990/PYTotalExpensesAmt012908299
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IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt035906
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt012599999
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalSupportAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02144790
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO PHYSICIAN AFFILIATE GROUP OF NY
IRS990ScheduleD/TotalLiabilityAmt02144790
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0295139
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1241704
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2305042
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3313634
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt4372612
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt5286468
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt6288631
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt7271357
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt8440249
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt9649574
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10546301
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt11305361
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt12494257
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt13300391
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt14253248
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt15235782
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt025000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt111922
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt22638
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt38287
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt425000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt525000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt612287
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt725000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt825000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt925000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt1019000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt1125000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt1225000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt1325000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt1425000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt153917
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt011703
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt136406
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt235490

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.4$10.4$8.00$26.0$22.6$3.37
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.6$5.99$4.63$17.0$15.8$1.13
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.65$6.15$3.50$17.2$17.2$0.01
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.08$2.59$3.49$14.6$14.3$0.37
2020Detailed filing. Detailed filing data is available for this year.$5.69$2.57$3.12$12.7$12.7$0.04
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.87$2.78$3.09$13.2$12.9$0.25
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.93$4.09$2.83$13.8$15.0$1.26
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.91$2.82$4.09$13.3$14.4$1.05
2016Detailed filing. Detailed filing data is available for this year.$7.47$2.33$5.14$13.8$13.1$0.66
2015Detailed filing. Detailed filing data is available for this year.$7.30$2.82$4.48$14.8$14.3$0.41
2014Detailed filing. Detailed filing data is available for this year.$6.75$2.68$4.06$12.6$11.9$0.71
2013Summary only. Only limited summary data is available for this year.$9.07$5.71$3.35$11.9$10.7$1.19