Civic Intelligence

Mdyhs Inc.

990 • Fiscal year 2018 • EIN 46-4047597

Sep 01, 2017 to Aug 31, 2018 • Filed on Jan 11, 2019

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

92nd percentile

1.00x

Higher debt load relative to assets than 92% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

13th percentile

0.01x

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

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

38th percentile

0.0%

Higher net margin than 38% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

89th percentile

31%

Faster asset growth than 89% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

64th percentile

9.7%

Faster revenue growth than 64% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Up

$129,844

Up $31,030 (+31%) from 2017

Net Assets

Flat

$0

Flat from 2017

Liabilities

Up

$129,844

Up $31,030 (+31%) from 2017

Revenue

Up

$9,555,668

Up $844,548 (+9.7%) from 2017

Expenses

Up

$9,555,668

Up $844,548 (+9.7%) from 2017

Net Income

Flat

$0

Flat from 2017

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

2018

Assets$129,844
Liabilities$129,844
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

2018

Revenue$9,555,668
Expenses$9,555,668
Net Income$0
Jump To
Filing Snapshot
Filing Period
Sep 1, 2017 to Aug 31, 2018
Signed
Jan 11, 2019
Return Version
2017v2.3
Gross Receipts
$9,555,668
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$98,814$129,844▲ $31,030
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$98,814$129,844▲ $31,030
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$98,814$129,844▲ $31,030
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$98,814$129,844▲ $31,030
Net Assets / Fund Balance
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$0$0→ $0
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$98,814$129,844▲ $31,030
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sabrina MalehAssociate PrincipalFT$208,333$16,667$225,000
Saul ZuckerPrincipalFT$167,750$43,234$210,984
Esther V TokayerAssistant PrincipalFT$128,151$45,758$173,909
Jeffrey GreenbergDirector of Finance--$143,328$143,328

Board Members and Trustees

NameTitle
Jeffrey GindiPresident
Jeff SuttonVice President
David ShamahDirector of Operations
Rochelle BeydaChief Facilitation Officer
Susan KreegerChief Operating Officer
Joseph FrancoSecretary
Alberto SuttonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$9,555,668
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$9,539,048
Other Expenses$16,620
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,838,644$2,623,159$0$8,461,803
Other Employee Benefits$380,619$171,003-$551,622
Payroll Taxes$348,226$156,450-$504,676
Pension Plan Contributions$14,453$6,494-$20,947
Fees for Services Other-$16,620-$16,620
Total Functional Expenses$6,581,942$2,973,726$0$9,555,668
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A copy of the form 990 is provided to the full board for their review and acceptance prior to its filing. Any questions are discussed with the external paid preparers.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
MDYHS Inc
EIN
46-4047597
In Care Of
% JEFFREY GREENBERG
Phone
7186760215
Address
2130 McDonald Avenue, Brooklyn, NY 11223

Signing Officer

Name
Joseph Franco
Title
Secretary
Phone
7186760215
Signed
2019-01-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Franco
Formed
2013
Legal Domicile
De
Voting Board Members
4
Independent Board Members
4
Employees
177
Volunteers
4

Preparer

Firm
Bkd Llp
Address
655 Third Avenue 1200, New York, NY 10017
Preparer
Aaron Shapiro
Phone
2128674000
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IRS990/PayrollTaxesGrp/ProgramServicesAmt0348226
IRS990/PayrollTaxesGrp/TotalAmt0504676
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IRS990/PensionPlanContributionsGrp/ProgramServicesAmt014453
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt5167750
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2277824
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3174604
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt4282400
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt016667
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt112009
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt30

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