Civic Intelligence

Ncrnc Inc.

990 • Fiscal year 2016 • EIN 46-4044482

Jul 01, 2015 to Jun 30, 2016 • Filed on May 09, 2017

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

97th percentile

1.27x

Higher debt load relative to assets than 97% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

59th percentile

0.36x

Higher debt load relative to revenue than 59% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

30th percentile

-2.0%

Higher net margin than 30% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

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.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

86th percentile

22%

Faster asset growth than 86% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

47th percentile

2.2%

Faster revenue growth than 47% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$3,109,387

Up $550,353 (+22%) from 2015

Net Assets

Down

-$828,595

Down $220,073 (-36%) from 2015

Liabilities

Up

$3,937,982

Up $770,426 (+24%) from 2015

Revenue

Up

$11,022,063

Up $233,124 (+2.2%) from 2015

Expenses

Up

$11,242,136

Up $210,424 (+1.9%) from 2015

Net Income

Up

-$220,073

Up $22,700 (+9.4%) from 2015

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

2016

Assets$3,109,387
Liabilities$3,937,982
Net Assets-$828,595

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

2016

Revenue$11,022,063
Expenses$11,242,136
Net Income-$220,073
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 9, 2017
Return Version
2015v3.0
Gross Receipts
$11,022,063
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$1,309,333$1,725,138▲ $415,805
Land, Buildings, and Equipment, Net$635,142$711,986▲ $76,844
Other Notes and Loans Receivable, Net$373,786$407,816▲ $34,030
Cash and Non-Interest-Bearing Accounts$153,252$167,661▲ $14,409
Prepaid Expenses and Deferred Charges$87,521$96,786▲ $9,265
Total Assets$2,559,034$3,109,387▲ $550,353
Liabilities
Accounts Payable and Accrued Expenses$3,167,556$3,937,982▲ $770,426
Total Liabilities$3,167,556$3,937,982▲ $770,426
Net Assets / Fund Balance
Unrestricted Net Assets$-608,522$-828,595▼ $220,073
Total Net Assets Fund Balance$-608,522$-828,595▼ $220,073
Total Liabilities and Net Assets / Fund Balance$2,559,034$3,109,387▲ $550,353

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$711,986$68,470$780,456
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$3,526,862
Horizon AsoEmployee Mgmt.4512 FARRAGUT STREET, Brooklyn, NY 11203$2,428,890
Pharmscript Of FloridaPharmacy Suppli81 GLENDALE AVENUE, Edison, NJ 08817$581,653
Platinum Health Services INCLaundry & House4512 FARRAGUT ROAD, Brooklyn, NY 11203$471,925
United Healthcare Community PlanInsurancePO BOX 740804, Atlanta, GA 30374-0804$252,170
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$11,022,063
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-220,073
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$10,293,461
Salaries, Compensation, and Employee Benefits$948,675
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$3,254,363--$3,254,363
Occupancy$1,114,570$110,232-$1,224,802
Other Salaries and Wages$662,365$116,888-$779,253
Insurance$97,558$65,039-$162,597
All Other Expenses$87,662$36,108-$123,770
Other Expenses$109,901$23,135-$109,901
Other Employee Benefits$93,161$16,440-$109,601
Payroll Taxes$50,848$8,973-$59,821
Office Expenses$6,810$38,591-$45,401
Depreciation Depletion$39,373--$39,373
Travel$14,529--$14,529
Fees for Services Legal$4,113$9,598-$13,711
Fees for Services Accounting$915$12,155-$13,070
Advertising$1,685$6,738-$8,423
Conferences and Meetings$4,074--$4,074
Total Functional Expenses$10,798,239$443,897$0$11,242,136
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
VP, Secr and Treasur
Phone
8454906060
Signed
2017-05-09

Organization Details

Principal Officer
Rabbi Aaron Lankry
Formed
2013
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
3
Employees
75
Volunteers
58

Preparer

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

Additional Explanations

Form 990, Part IX, Line 11G

Nursing services 804,198 0 0 ancillary services 2,041,390 0 0 maintenance 55,648 0 0 dietary services 301,482 0 0 social services 12,651 0 0 patient activities 27,541 0 0 medical records 11,453 0 0

Raw XML Appendix356 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/CurrentTaxYearMinus2YearsAmt04054009
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IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0711986
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt068470
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0780456
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0711986
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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 804,198 0 0 ANCILLARY SERVICES 2,041,390 0 0 MAINTENANCE 55,648 0 0 DIETARY SERVICES 301,482 0 0 SOCIAL SERVICES 12,651 0 0 PATIENT ACTIVITIES 27,541 0 0 MEDICAL RECORDS 11,453 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
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IRS990/TotalFunctionalExpensesGrp/TotalAmt011242136
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt03937982
IRS990/TotalLiabilitiesGrp/BOYAmt03167556
IRS990/TotalLiabilitiesGrp/EOYAmt03937982
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-608522
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-828595
IRS990/TotalProgramServiceExpensesAmt010798239
IRS990/TotalProgramServiceRevenueAmt011022063
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt011022063
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt011022063
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IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02559034
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03109387
IRS990/TravelGrp/ProgramServicesAmt014529
IRS990/TravelGrp/TotalAmt014529
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-608522
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-828595
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/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ARNOLD HEINEMANN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VP, SECR AND TREASUR
ReturnHeader/BusinessOfficerGrp/PhoneNum08454906060
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-09
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/PreparationDt02017-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PERRY DINTER
ReturnHeader/ReturnTs02017-05-15T16:37:39-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

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