Civic Intelligence

Healthworks Academies

990EZ • Fiscal year 2018 • EIN 45-3634885

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 25, 2019

P O Box 2031Media, PA 19063

(215) 479-5242

Siviq Scores

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

Liabilities / Assets

98th percentile

3.10x

Higher debt load relative to assets than 98% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

98th percentile

3.23x

Higher debt load relative to revenue than 98% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

78th percentile

22%

Higher net margin than 78% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

88th percentile

69%

Faster asset growth than 88% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

71st percentile

18%

Faster revenue growth than 71% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$5,960

Up $2,441 (+69%) from 2017

Net Assets

Up

-$12,494

Up $1,270 (+9.2%) from 2017

Liabilities

Up

$18,454

Up $1,171 (+6.8%) from 2017

Revenue

Up

$5,721

Up $892 (+18%) from 2017

Expenses

Down

$4,451

Down $8,512 (-66%) from 2017

Net Income

Up

$1,270

Up $9,404 (+116%) from 2017

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0-$20KAssets 2014: $48,909Net Assets 2014: $48,9092014Assets 2015: $38,830Liabilities 2015: $3,609Net Assets 2015: $35,2212015Assets 2016: $4,943Liabilities 2016: $10,573Net Assets 2016: -$5,6302016Assets 2017: $3,519Liabilities 2017: $17,283Net Assets 2017: -$13,7642017Assets 2018: $5,960Liabilities 2018: $18,454Net Assets 2018: -$12,4942018Assets 2019: $52Liabilities 2019: $15,715Net Assets 2019: -$15,6632019Assets 2020: $1,585Liabilities 2020: $17,637Net Assets 2020: -$16,0522020Assets 2021: $9Liabilities 2021: $8,905Net Assets 2021: -$8,8962021Assets 2022: $5Liabilities 2022: $9,576Net Assets 2022: -$9,5712022Assets 2023: $137Liabilities 2023: $18,426Net Assets 2023: -$18,2892023Assets 2024: $1,511Net Assets 2024: $1,5112024

Highlighted filing

2018

Assets$5,960
Liabilities$18,454
Net Assets-$12,494

Operations Trend

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

$100K$50K$0-$50KRevenue 2014: $50,569Expenses 2014: $4,958Net Income 2014: $45,6112014Revenue 2015: $70,590Expenses 2015: $84,278Net Income 2015: -$13,6882015Revenue 2016: $1,916Expenses 2016: $42,767Net Income 2016: -$40,8512016Revenue 2017: $4,829Expenses 2017: $12,963Net Income 2017: -$8,1342017Revenue 2018: $5,721Expenses 2018: $4,451Net Income 2018: $1,2702018Revenue 2019: $4,032Expenses 2019: $7,201Net Income 2019: -$3,1692019Revenue 2020: $7,045Expenses 2020: $7,434Net Income 2020: -$3892020Revenue 2021: $14,945Expenses 2021: $7,789Net Income 2021: $7,1562021Revenue 2022: $8,226Expenses 2022: $8,901Net Income 2022: -$6752022Revenue 2023: $7,700Expenses 2023: $16,418Net Income 2023: -$8,7182023Revenue 2024: $59,345Expenses 2024: $39,545Net Income 2024: $19,8002024

Highlighted filing

2018

Revenue$5,721
Expenses$4,451
Net Income$1,270
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 25, 2019
Return Version
2018v3.1
Gross Receipts
$5,721
Mission and Program Overview

Mission

To develop a robust pipeline of students for careers in healthcare and life sciences

Program Services

DescriptionGrantsExpenses
DEVELOPMENT OF CURRICULUM AND LAUNCH OF THE INITIAL PROGRAM-$808
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DALE KESHISHIANChairFT$0--
DOUGLAS OFCHARSKY CPATreasurer-$0--
SUSAN STAVISHMember-$0--
CHARLES LENTZMember-$0--
CHRISTINE TORRESMember-$0--
WILL TUCKERMember-$0--
KATHLEEN DELAWRENCEMember-$0--
J TODD ABRAMSMember-$0--
Filing and Contact Details

Filer

Filer Name
Healthworks Academies
EIN
45-3634885
Phone
2154795242
Address
P O BOX 2031, MEDIA, PA 19063

Signing Officer

Name
Douglas W Ofcharsky
Title
Treasurer
Signed
2019-10-25
Discuss with paid preparer
Yes

Preparer

Firm
Accounting Plus Services LLC
Address
301 Oxford Valley Road Suite 506B, Yardley, PA 19067
Preparer
Douglas W Ofcharsky
Phone
2153693400
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

Fundraising 373

Form 990-EZ, Part I, Line 16, Other Expenses

Conferences, conventions, and meetings 1,045

Form 990-EZ, Part I, Line 16, Other Expenses

Insurance 808

Form 990-EZ, Part I, Line 16, Other Expenses

Dues and registrations 704

Form 990-EZ, Part I, Line 16, Other Expenses

Office 283

Form 990-EZ, Part II, Line 26, Liabilities

DUE TO FOUNDER Beginning of year 17,283, End of year 18,454

Raw XML Appendix189 raw XML fields

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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DALE KESHISHIAN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CHRISTINE TORRES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5WILL TUCKER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7J TODD ABRAMS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt03213
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO DEVELOP A ROBUST PIPELINE OF STUDENTS FOR CAREERS IN HEALTHCARE AND LIFE SCIENCES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0DEVELOPMENT OF CURRICULUM AND LAUNCH OF THE INITIAL PROGRAM
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0808
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0PA
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IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TotalRevenueAmt05721
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.healthworksacademies.org
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt070545
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt050520
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt069
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IRS990ScheduleA/InvestmentIncomeCYPct00.00180
IRS990ScheduleA/InvestmentIncomePYPct00.00200
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.99820
IRS990ScheduleA/PublicSupportPY509Pct00.99800
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0133330
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt05660
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt05660
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt018453
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0FUND OPERATIONS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt018453
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0DALE KESHISHIAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0EXECUTIVE DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt018453
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Fundraising 373
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Conferences, conventions, and meetings 1,045
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance 808
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Dues and registrations 704
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Office 283
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DUE TO FOUNDER Beginning of year 17,283, End of year 18,454
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/BuildTS02020-01-14 16:20:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DOUGLAS W OFCHARSKY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-10-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HEALTHWORKS ACADEMIES
ReturnHeader/Filer/BusinessNameControlTxt0HEAL
ReturnHeader/Filer/EIN0453634885
ReturnHeader/Filer/PhoneNum02154795242
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ReturnHeader/Filer/USAddress/CityNm0MEDIA
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ReturnHeader/FilingSecurityInformation/IPDt02019-10-25
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm015:22:11
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Accounting Plus Services LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0301 Oxford Valley Road Suite 506B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Yardley
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019067
ReturnHeader/PreparerPersonGrp/PhoneNum02153693400
ReturnHeader/PreparerPersonGrp/PreparationDt02019-10-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Douglas W Ofcharsky
ReturnHeader/ReturnTs02019-10-25T12:08:12-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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Filings