Civic Intelligence

Ncrnc Inc.

990 • Fiscal year 2015 • EIN 46-4044482

Jul 01, 2014 to Jun 30, 2015 • Filed on May 10, 2016

700 N Palmetto Street Suite 416Leesburg, FL 34748-4419

(845) 490-6060

Siviq Scores

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

Liabilities / Assets

96th percentile

1.24x

Higher debt load relative to assets than 96% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

54th percentile

0.29x

Higher debt load relative to revenue than 54% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

26th percentile

-2.3%

Higher net margin than 26% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

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

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

87th percentile

21%

Faster asset growth than 87% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

97th percentile

166%

Faster revenue growth than 97% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Assets

Up

$2,559,034

Up $448,575 (+21%) from 2014

Net Assets

Down

-$608,522

Down $242,773 (-66%) from 2014

Liabilities

Up

$3,167,556

Up $691,348 (+28%) from 2014

Revenue

Up

$10,788,939

Up $6,734,930 (+166%) from 2014

Expenses

Up

$11,031,712

Up $6,611,954 (+150%) from 2014

Net Income

Up

-$242,773

Up $122,976 (+34%) from 2014

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

2015

Assets$2,559,034
Liabilities$3,167,556
Net Assets-$608,522

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

2015

Revenue$10,788,939
Expenses$11,031,712
Net Income-$242,773
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 10, 2016
Return Version
2014v6.0
Gross Receipts
$10,788,939
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$1,309,333▲ $256,002
Land, Buildings, and Equipment, Net$466,852$635,142▲ $168,290
Other Notes and Loans Receivable, Net$337,483$373,786▲ $36,303
Cash and Non-Interest-Bearing Accounts$147,757$153,252▲ $5,495
Prepaid Expenses and Deferred Charges$105,036$87,521▼ $17,515
Total Assets$2,110,459$2,559,034▲ $448,575
Liabilities
Accounts Payable and Accrued Expenses$2,476,208$3,167,556▲ $691,348
Total Liabilities$2,476,208$3,167,556▲ $691,348
Net Assets / Fund Balance
Unrestricted Net Assets$-365,749$-608,522▼ $242,773
Total Net Assets Fund Balance$-365,749$-608,522▼ $242,773
Total Liabilities and Net Assets / Fund Balance$2,110,459$2,559,034▲ $448,575

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$635,142$29,097$664,239
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 Staffing4512 FARRAGUT STREET, Brooklyn, NY 11203$3,451,517
Horizon AsoEmployee Mgmt.4512 FARRAGUT STREET, Brooklyn, NY 11203$2,390,667
Platinum Health Services INCLaundry & House4512 FARRAGUT ROAD, Brooklyn, NY 11203$448,716
Pharmscript Of FloridaPharmacy Suppli81 GLENDALE AVENUE, Edison, NJ 08817$395,624
Twin Med LLCMedical Supplie11333 GREENSTONE AVENUE, Santa Fe Springs, CA 90670$267,858
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$10,788,939
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-242,773
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$10,027,448
Salaries, Compensation, and Employee Benefits$1,004,264
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$3,056,471--$3,056,471
Occupancy$1,105,684$109,353-$1,215,037
Other Salaries and Wages$693,220$122,333-$815,553
Insurance$80,833$53,889-$134,722
All Other Expenses$96,572$34,620-$131,192
Fees for Services Legal$33,505$78,179-$111,684
Other Expenses$107,538$25,340-$107,538
Payroll Taxes$83,351$14,709-$98,060
Other Employee Benefits$77,053$13,598-$90,651
Office Expenses$7,426$42,082-$49,508
Depreciation Depletion$24,409--$24,409
Travel$15,145--$15,145
Fees for Services Accounting$782$10,385-$11,167
Advertising$2,078$8,310-$10,388
Conferences and Meetings$3,187--$3,187
Total Functional Expenses$10,518,914$512,798$0$11,031,712
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
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
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

Filer Name
Ncrnc Inc
EIN
46-4044482
Phone
8454906060
Address
700 N PALMETTO STREET SUITE 416, LEESBURG, FL 34748-4419

Signing Officer

Name
Arnold Heinemann
Title
Director & V.p./sec./treasurer
Phone
8454906060
Signed
2016-05-10

Organization Details

Principal Officer
Aaron Lankry
Formed
2013
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
3
Employees
66
Volunteers
70

Preparer

Firm
Solomon Hirsch CPA Pc
Address
14 JOAN LANE, MONSEY, NY 10952
Preparer
Solomon Hirsch
Phone
8455174222
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Nursing services 623,536 0 0 ancillary services 2,039,659 0 0 maintenance 51,860 0 0 dietary services 299,672 0 0 social services 9,497 0 0 patient activities 24,222 0 0 medical records 8,025 0 0

Raw XML Appendix353 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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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04054009
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt014842948
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt010788939
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt014842948
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt010788939
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04054009
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt014842948
IRS990ScheduleA/TotalSupportAmt014842948
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0635142
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt029097
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0664239
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0635142
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
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 623,536 0 0 ANCILLARY SERVICES 2,039,659 0 0 MAINTENANCE 51,860 0 0 DIETARY SERVICES 299,672 0 0 SOCIAL SERVICES 9,497 0 0 PATIENT ACTIVITIES 24,222 0 0 MEDICAL RECORDS 8,025 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/TotalAssetsBOYAmt02110459
IRS990/TotalAssetsEOYAmt02559034
IRS990/TotalAssetsGrp/BOYAmt02110459
IRS990/TotalAssetsGrp/EOYAmt02559034
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt066
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0512798
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt010518914
IRS990/TotalFunctionalExpensesGrp/TotalAmt011031712
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02476208
IRS990/TotalLiabilitiesEOYAmt03167556
IRS990/TotalLiabilitiesGrp/BOYAmt02476208
IRS990/TotalLiabilitiesGrp/EOYAmt03167556
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-365749
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-608522
IRS990/TotalProgramServiceExpensesAmt010518914
IRS990/TotalProgramServiceRevenueAmt010788939
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt010788939
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt010788939
IRS990/TotalVolunteersCnt070
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02110459
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02559034
IRS990/TravelGrp/ProgramServicesAmt015145
IRS990/TravelGrp/TotalAmt015145
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-365749
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-608522
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03389 SHERIDAN STREET
IRS990/USAddress/CityNm0HOLLYWOOD
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033021
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ARNOLD HEINEMANN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR & V.P./SEC./TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08454906060
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NCRNC INC
ReturnHeader/Filer/BusinessNameControlTxt0NCRN
ReturnHeader/Filer/EIN0464044482
ReturnHeader/Filer/PhoneNum08454906060
ReturnHeader/Filer/USAddress/AddressLine1Txt0700 N PALMETTO STREET SUITE 416
ReturnHeader/Filer/USAddress/CityNm0LEESBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd0347484419
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0133762892
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SOLOMON HIRSCH CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt014 JOAN LANE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MONSEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010952
ReturnHeader/PreparerPersonGrp/PhoneNum08455174222
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SOLOMON HIRSCH
ReturnHeader/ReturnTs02016-05-16T15:57:42-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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