Civic Intelligence

Mdyhs Inc.

990 • Fiscal year 2015 • EIN 46-4047597

Sep 01, 2014 to Aug 31, 2015 • Filed on Jul 07, 2016

2130 Mcdonald AvenueBrooklyn, NY 11223

(718) 676-0215

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.00x

Higher debt load relative to assets than 93% of similar nonprofits.

2015 filings • NTEE B • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

13th percentile

0.01x

Higher debt load relative to revenue than 13% of similar nonprofits.

2015 filings • NTEE B • $5M-$10M nonprofits • Source year 2015

Net Margin

34th percentile

0.0%

Higher net margin than 34% of similar nonprofits.

2015 filings • NTEE B • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

84th percentile

$215,281

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2015 filings • NTEE B • $5M-$10M nonprofits • Source year 2015

Asset Growth

1st percentile

-56%

Faster asset growth than 1% of similar nonprofits.

2015 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

83rd percentile

30%

Faster revenue growth than 83% of similar nonprofits.

2015 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Down

$90,708

Down $114,399 (-56%) from 2014

Net Assets

Flat

$0

Flat from 2014

Liabilities

Down

$90,708

Down $114,399 (-56%) from 2014

Revenue

Up

$7,523,518

Up $1,720,495 (+30%) from 2014

Expenses

Up

$7,523,518

Up $1,720,495 (+30%) from 2014

Net Income

Flat

$0

Flat from 2014

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MAssets 2014: $205,107Liabilities 2014: $205,107Net Assets 2014: $02014Assets 2015: $90,708Liabilities 2015: $90,708Net Assets 2015: $02015Assets 2016: $29,778Liabilities 2016: $29,778Net Assets 2016: $02016Assets 2017: $98,814Liabilities 2017: $98,814Net Assets 2017: $02017Assets 2018: $129,844Liabilities 2018: $129,844Net Assets 2018: $02018Assets 2019: $119,402Liabilities 2019: $119,402Net Assets 2019: $02019Assets 2020: $32,281Liabilities 2020: $2,097,192Net Assets 2020: -$2,064,9112020Assets 2021: $1,543,812Liabilities 2021: $3,938,959Net Assets 2021: -$2,395,1472021Assets 2022: $134,976Liabilities 2022: $1,820,303Net Assets 2022: -$1,685,3272022Assets 2023: $1,397,069Liabilities 2023: $118,151Net Assets 2023: $1,278,9182023Assets 2024: $1,442,096Liabilities 2024: $149,910Net Assets 2024: $1,292,1862024

Highlighted filing

2015

Assets$90,708
Liabilities$90,708
Net Assets$0

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2014: $5,803,023Expenses 2014: $5,803,023Net Income 2014: $02014Revenue 2015: $7,523,518Expenses 2015: $7,523,518Net Income 2015: $02015Revenue 2016: $7,979,285Expenses 2016: $7,979,285Net Income 2016: $02016Revenue 2017: $8,711,120Expenses 2017: $8,711,120Net Income 2017: $02017Revenue 2018: $9,555,668Expenses 2018: $9,555,668Net Income 2018: $02018Revenue 2019: $9,306,920Expenses 2019: $9,306,920Net Income 2019: $02019Revenue 2020: $5,936,837Expenses 2020: $8,001,748Net Income 2020: -$2,064,9112020Revenue 2021: $7,531,952Expenses 2021: $7,850,813Net Income 2021: -$318,8612021Revenue 2022: $6,680,548Expenses 2022: $7,835,725Net Income 2022: -$1,155,1772022Revenue 2023: $11,100,000Expenses 2023: $9,625,860Net Income 2023: $1,474,1402023Revenue 2024: $11,135,587Expenses 2024: $11,122,319Net Income 2024: $13,2682024

Highlighted filing

2015

Revenue$7,523,518
Expenses$7,523,518
Net Income$0
Jump To
Filing Snapshot
Filing Period
Sep 1, 2014 to Aug 31, 2015
Signed
Jul 7, 2016
Return Version
2014v6.0
Gross Receipts
$7,523,518
Mission and Program Overview

Mission

The general purpose of the organization is to assist not-for-profit nonpublic early childhood elementary and high schools in managing their operations and finances on an efficient basis.

To assist not-for-profit schools in managing their operations and finances on an efficient basis.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$200,978$90,708▼ $110,270
Cash and Non-Interest-Bearing Accounts$4,129--
Total Assets$205,107$90,708▼ $114,399
Liabilities
Accounts Payable and Accrued Expenses$205,107$90,708▼ $114,399
Total Liabilities$205,107$90,708▼ $114,399
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$205,107$90,708▼ $114,399
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Saul ZuckerAssociate PrincipalFT$207,308$7,973$215,281
Sabrina MalehAssociate PrincipalFT$186,667$6,000$192,667
Esther V TokayerAssistant PrincipalFT$113,062$31,027$144,089

Board Members and Trustees

NameTitle
Jeffrey GindiPresident
Jeff SuttonBoard Member
Pearl BrugerController
Joseph FrancoSecretary
Alberto SuttonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$7,523,518
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,523,518
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,681,803$1,002,670-$6,684,473
Payroll Taxes$364,009$64,237-$428,246
Other Employee Benefits$302,304$53,348-$355,652
Pension Plan Contributions$46,875$8,272-$55,147
Total Functional Expenses$6,394,991$1,128,527$0$7,523,518
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
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

A copy of the form 990 is provided to the full board for their review and acceptance prior to its filing.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Mdyhs Inc
EIN
46-4047597
Phone
7186760215
Address
2130 MCDONALD AVENUE, BROOKLYN, NY 11223

Signing Officer

Name
Jeffrey Gindi
Title
President
Phone
7186760215
Signed
2016-07-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeffrey Gindi
Formed
2013
Legal Domicile
De
Voting Board Members
4
Independent Board Members
4
Employees
155
Volunteers
4

Preparer

Firm
Loeb & Troper Llp
Address
655 THIRD AVENUE 12TH FLOOR, NEW YORK, NY 10017
Preparer
Eric Goldfarb
Phone
2128674000
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The board of directors oversees the audit of the financial statements.

Financial Statement Notes

PART X, LINE 2:

Mdyhs, inc. Has determined that there are no material uncertain tax positions that require recognition or disclosure in the combined financial statements. Periods ending august 31, 2014 and subsequent remain subject to examination by applicable taxing authorities.

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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt037449
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0PEARL BRUGER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1SAUL ZUCKER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2SABRINA MALEH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CONTROLLER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1ASSOCIATE PRINCIPAL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2ASSOCIATE PRINCIPAL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1215281
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2192667
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0196539
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt20
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE FORM 990 IS PROVIDED TO THE FULL BOARD FOR THEIR REVIEW AND ACCEPTANCE PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS OVERSEES THE AUDIT OF THE FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0MAGEN DAVID YESHIVA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1MAGEN DAVID YESHIVA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2MAGEN DAVID YESHIVA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MAGEN DAVID YESHIVA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1ACADEMY AT MDY INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2EARLY CHILDHOOD AT MDY INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3SA-MDY INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0111666839
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1472413711
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2472480928
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3472413792
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt3501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0DE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1DE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2DE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3DE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDE EDUCATION SERVICES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1SPECIAL NEEDS EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2EARLY CHILDHOOD EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3SCHOOL MANAGEMENT SERVICES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 1
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 9
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt2LINE 9
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt3LINE 9
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02130 MCDONALD AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt12130 MCDONALD AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt22130 MCDONALD AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt32130 MCDONALD AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BROOKLYN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1BROOKLYN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2BROOKLYN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm3BROOKLYN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd3NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd011223
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd111223
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd211223
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd311223
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd01
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0205107
IRS990/TotalAssetsEOYAmt090708
IRS990/TotalAssetsGrp/BOYAmt0205107
IRS990/TotalAssetsGrp/EOYAmt090708
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt0155
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01128527
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt06394991
IRS990/TotalFunctionalExpensesGrp/TotalAmt07523518
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0205107
IRS990/TotalLiabilitiesEOYAmt090708
IRS990/TotalLiabilitiesGrp/BOYAmt0205107
IRS990/TotalLiabilitiesGrp/EOYAmt090708
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt086469
IRS990/TotalProgramServiceExpensesAmt06394991
IRS990/TotalProgramServiceRevenueAmt07523518
IRS990/TotalReportableCompFromOrgAmt0507037
IRS990/TotalRevenueGrp/ExclusionAmt00

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Peer Organizations

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