Civic Intelligence

Ncrnc Inc.

990 • Fiscal year 2014 • EIN 46-4044482

Jul 01, 2013 to Jun 30, 2014 • Filed on May 15, 2015

700 N Palmetto Street34748-4419

(845) 490-6060

Siviq Scores

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

Liabilities / Assets

94th percentile

1.17x

Higher debt load relative to assets than 94% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

79th percentile

0.61x

Higher debt load relative to revenue than 79% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

21st percentile

-9.0%

Higher net margin than 21% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

$2,110,459

No earlier filing loaded for comparison.

Net Assets

-$365,749

No earlier filing loaded for comparison.

Liabilities

$2,476,208

No earlier filing loaded for comparison.

Revenue

$4,054,009

No earlier filing loaded for comparison.

Expenses

$4,419,758

No earlier filing loaded for comparison.

Net Income

-$365,749

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2014: $2,110,459Liabilities 2014: $2,476,208Net Assets 2014: -$365,7492014Assets 2015: $2,559,034Liabilities 2015: $3,167,556Net Assets 2015: -$608,5222015Assets 2016: $3,109,387Liabilities 2016: $3,937,982Net Assets 2016: -$828,5952016Assets 2017: $3,129,301Liabilities 2017: $4,388,082Net Assets 2017: -$1,258,7812017Assets 2018: $2,434,247Liabilities 2018: $4,700,330Net Assets 2018: -$2,266,0832018Assets 2019: $2,177,056Liabilities 2019: $4,678,963Net Assets 2019: -$2,501,9072019Assets 2020: $3,907,260Liabilities 2020: $6,582,865Net Assets 2020: -$2,675,6052020Assets 2021: $4,033,096Liabilities 2021: $6,233,271Net Assets 2021: -$2,200,1752021Assets 2022: $5,080,739Liabilities 2022: $4,447,643Net Assets 2022: $633,0962022Assets 2023: $5,893,670Liabilities 2023: $5,838,541Net Assets 2023: $55,1292023Assets 2024: $3,877,029Liabilities 2024: $5,514,095Net Assets 2024: -$1,637,0662024

Highlighted filing

2014

Assets$2,110,459
Liabilities$2,476,208
Net Assets-$365,749

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2014: $4,054,009Expenses 2014: $4,419,758Net Income 2014: -$365,7492014Revenue 2015: $10,788,939Expenses 2015: $11,031,712Net Income 2015: -$242,7732015Revenue 2016: $11,022,063Expenses 2016: $11,242,136Net Income 2016: -$220,0732016Revenue 2017: $10,691,005Expenses 2017: $11,121,191Net Income 2017: -$430,1862017Revenue 2018: $10,616,299Expenses 2018: $10,873,601Net Income 2018: -$257,3022018Revenue 2019: $10,192,231Expenses 2019: $10,428,055Net Income 2019: -$235,8242019Revenue 2020: $9,628,453Expenses 2020: $9,802,151Net Income 2020: -$173,6982020Revenue 2021: $10,574,563Expenses 2021: $10,099,133Net Income 2021: $475,4302021Revenue 2022: $11,838,498Expenses 2022: $9,005,227Net Income 2022: $2,833,2712022Revenue 2023: $11,274,375Expenses 2023: $11,848,743Net Income 2023: -$574,3682023Revenue 2024: $11,487,235Expenses 2024: $13,179,430Net Income 2024: -$1,692,1952024

Highlighted filing

2014

Revenue$4,054,009
Expenses$4,419,758
Net Income-$365,749
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 15, 2015
Return Version
2013v4.0
Gross Receipts
$4,054,009
Mission and Program Overview

Mission

To provide skilled nursing and rehabilitation care to the elderly and the infirm.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable-$1,053,331-
Land, Buildings, and Equipment, Net-$466,852-
Other Notes and Loans Receivable, Net-$337,483-
Cash and Non-Interest-Bearing Accounts-$147,757-
Prepaid Expenses and Deferred Charges-$105,036-
Total Assets$0$2,110,459▲ $2,110,459
Liabilities
Accounts Payable and Accrued Expenses-$2,476,208-
Total Liabilities$0$2,476,208▲ $2,476,208
Net Assets / Fund Balance
Unrestricted Net Assets-$-365,749-
Total Net Assets Fund Balance$0$-365,749▼ $365,749
Total Liabilities and Net Assets / Fund Balance$0$2,110,459▲ $2,110,459

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$466,852$4,688$471,540
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rabbi Aaron LankryPresident
Jonathan Gross EsqDirector
Arnold HeinemannVP, Secr and

Highest Paid Contractors

ContractorServicesLocationCompensation
Cambridge Quality CareNurse Staffing-$3,109,394
Horizon AsoEmployee Mgmt.-$1,533,851
Saje Build LLCGeneral Contrac-$639,525
Dynamic RehabTherapy Service-$627,897
Platinum Health Services INCLaundry & House-$413,260
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,054,009
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-365,749
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,043,647
Salaries, Compensation, and Employee Benefits$376,111
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,173,989--$1,173,989
Occupancy$458,884$45,384-$504,268
Other Salaries and Wages$261,344$46,120-$307,464
All Other Expenses$61,914$18,130-$80,044
Other Expenses$56,618$9,991-$66,609
Insurance$35,065$23,377-$58,442
Payroll Taxes$31,928$5,634-$37,562
Other Employee Benefits$26,422$4,663-$31,085
Office Expenses$3,395$19,241-$22,636
Fees for Services Legal$6,275$14,641-$20,916
Fees for Services Accounting$583$7,750-$8,333
Depreciation Depletion$4,688--$4,688
Travel$2,666--$2,666
Advertising$381$1,523-$1,904
Conferences and Meetings$495--$495
Total Functional Expenses$4,223,304$196,454$0$4,419,758
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

As is customary in the nursing home industry, ncrnc contracts with a consulting company, by which duties such as liaison to professionals and local, state and federal governments are delegated. However, at all times, the officers and the board of directors of ncrnc maintain control over these decisions insofar as the consulting company has to obtain approval prior to carrying out such duties.

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

A copy of form 990 is furnished to each member of the board and reviewed prior to filing.

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

In order to consistently and regularly monitor compliance with its conflict of interest policy, the organization requires each director & officer to annualy complete a disclosure form identifying any relationships, positions, or circumstances that could contribute to a conflict of interest. Additionally, the policy is reviewed annualy by each member of the board of directors and any changes are to be communicated to all directors and officers.

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

In determining compensation for any officers and/or key employees of the organization, the organization analyzes salaries in the region for such positions and discuss such salaries with other facilities. The organization also researches what the industry pays various positions and confirms with management consultants.

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

In determining compensation for any officers and/or key employees of the organization, the organization analyzes salaries in the region for such positions and discuss such salaries with other facilities. The organization also researches what the industry pays various positions and confirms with management consultants.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

EIN
46-4044482
Phone
8454906060

Signing Officer

Name
Arnold Heinemann
Title
Director/secretary
Phone
8454906060
Signed
2015-05-15

Organization Details

Principal Officer
Aaron Lankry
Formed
2013
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
3
Employees
23
Volunteers
50

Preparer

Preparer
Solomon Hirsch
Phone
8455174222
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Nursing services 223,660 0 0 ancillary services 770,820 0 0 maintenance 22,964 0 0 dietary services 127,297 0 0 social services 23,548 0 0 patient activities 5,700 0 0

Raw XML Appendix333 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AS IS CUSTOMARY IN THE NURSING HOME INDUSTRY, NCRNC CONTRACTS WITH A CONSULTING COMPANY, BY WHICH DUTIES SUCH AS LIAISON TO PROFESSIONALS AND LOCAL, STATE AND FEDERAL GOVERNMENTS ARE DELEGATED. HOWEVER, AT ALL TIMES, THE OFFICERS AND THE BOARD OF DIRECTORS OF NCRNC MAINTAIN CONTROL OVER THESE DECISIONS INSOFAR AS THE CONSULTING COMPANY HAS TO OBTAIN APPROVAL PRIOR TO CARRYING OUT SUCH DUTIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF FORM 990 IS FURNISHED TO EACH MEMBER OF THE BOARD AND REVIEWED PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IN ORDER TO CONSISTENTLY AND REGULARLY MONITOR COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY, THE ORGANIZATION REQUIRES EACH DIRECTOR & OFFICER TO ANNUALY COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES THAT COULD CONTRIBUTE TO A CONFLICT OF INTEREST. ADDITIONALLY, THE POLICY IS REVIEWED ANNUALY BY EACH MEMBER OF THE BOARD OF DIRECTORS AND ANY CHANGES ARE TO BE COMMUNICATED TO ALL DIRECTORS AND OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IN DETERMINING COMPENSATION FOR ANY OFFICERS AND/OR KEY EMPLOYEES OF THE ORGANIZATION, THE ORGANIZATION ANALYZES SALARIES IN THE REGION FOR SUCH POSITIONS AND DISCUSS SUCH SALARIES WITH OTHER FACILITIES. THE ORGANIZATION ALSO RESEARCHES WHAT THE INDUSTRY PAYS VARIOUS POSITIONS AND CONFIRMS WITH MANAGEMENT CONSULTANTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4IN DETERMINING COMPENSATION FOR ANY OFFICERS AND/OR KEY EMPLOYEES OF THE ORGANIZATION, THE ORGANIZATION ANALYZES SALARIES IN THE REGION FOR SUCH POSITIONS AND DISCUSS SUCH SALARIES WITH OTHER FACILITIES. THE ORGANIZATION ALSO RESEARCHES WHAT THE INDUSTRY PAYS VARIOUS POSITIONS AND CONFIRMS WITH MANAGEMENT CONSULTANTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NURSING SERVICES 223,660 0 0 ANCILLARY SERVICES 770,820 0 0 MAINTENANCE 22,964 0 0 DIETARY SERVICES 127,297 0 0 SOCIAL SERVICES 23,548 0 0 PATIENT ACTIVITIES 5,700 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
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 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsEOYAmt02110459
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt02110459
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt023
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0196454
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04223304
IRS990/TotalFunctionalExpensesGrp/TotalAmt04419758
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt02476208
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt02476208
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-365749
IRS990/TotalProgramServiceExpensesAmt04223304
IRS990/TotalProgramServiceRevenueAmt04054009
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04054009
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04054009
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02110459
IRS990/TravelGrp/ProgramServicesAmt02666
IRS990/TravelGrp/TotalAmt02666
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-365749
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine103389 SHERIDAN STREET
IRS990/USAddress/City0HOLLYWOOD
IRS990/USAddress/State0FL
IRS990/USAddress/ZIPCode033021
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ARNOLD HEINEMANN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR/SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum08454906060
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine10NCRNC INC
ReturnHeader/Filer/BusinessNameControlTxt0NCRN
ReturnHeader/Filer/EIN0464044482
ReturnHeader/Filer/PhoneNum08454906060
ReturnHeader/Filer/USAddress/AddressLine10700 N PALMETTO STREET
ReturnHeader/Filer/USAddress/City0LEESBURG
ReturnHeader/Filer/USAddress/State0FL
ReturnHeader/Filer/USAddress/ZIPCode0347484419
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0133762892
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10SOLOMON HIRSCH CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1014 JOAN LANE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0MONSEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode010952
ReturnHeader/PreparerPersonGrp/PhoneNum08455174222
ReturnHeader/PreparerPersonGrp/PreparationDt02015-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SOLOMON HIRSCH
ReturnHeader/ReturnTs02015-05-15T13:49:53-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

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