Civic Intelligence

Great Lakes Clinic and Healing Institute

EIN 46-4730005 • 501(c)3 • Lyndhurst, OH

Profile

Our mission is to serve as an incubator for individuals and start-up businesses interested in providing complementary and alternative medicine (cam) services to the community throughout northeast ohio.

5555 Mayfield RoadLyndhurst, OH 44124

holistichealthcareers.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

97th percentile

2.92x

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

501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2016

Net Margin

99th percentile

127%

Higher net margin than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

99th percentile

$125,000

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 25.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

11th percentile

-97%

Faster asset growth than 11% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2015 to 2016

Assets

Down

$22,410

Down $871,987 (-97%) from 2015

Liabilities

Up

$65,481

Up $18,551 (+40%) from 2015

Net Assets

Down

-$43,071

Down $890,538 (-105%) from 2015

Revenue

Down

-$699,148

Down $1,198,169 (-240%) from 2015

Expenses

Down

$191,390

Down $921,212 (-83%) from 2015

Net Income

Down

-$890,538

Down $276,957 (-45%) from 2015

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2014: $1,813,252Liabilities 2014: $352,219Net Assets 2014: $1,461,0332014Assets 2015: $894,397Liabilities 2015: $46,930Net Assets 2015: $847,4672015Assets 2016: $22,410Liabilities 2016: $65,481Net Assets 2016: -$43,0712016

Highlighted filing

2016

Assets$22,410
Liabilities$65,481
Net Assets-$43,071

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2014: $1,612,738Expenses 2014: $151,705Net Income 2014: $1,461,0332014Revenue 2015: $499,021Expenses 2015: $1,112,602Net Income 2015: -$613,5812015Revenue 2016: -$699,148Expenses 2016: $191,390Net Income 2016: -$890,5382016

Highlighted filing

2016

Revenue-$699,148
Expenses$191,390
Net Income-$890,538

Filings

Latest Detailed Filing

The latest 2016 filing currently has summary financial data only. Showing the latest detailed filing from 2015 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 14, 2016
Return Version
2015v2.1
Gross Receipts
$508,401
Mission and Program Overview

Mission

Our mission is to serve as an incubator for individuals and start-up businesses interested in providing complementary and alternative medicine (cam) services to the community throughout northeast ohio.

Increase the awareness and use of complementary and alternative medicine (cam).

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$849,742$741,239▼ $108,503
Pledges and Grants Receivable$545,000--
Intangible Assets$112,605$101,305▼ $11,300
Accounts Receivable$20,493$23,464▲ $2,971
Cash and Non-Interest-Bearing Accounts$205,743$14,541▼ $191,202
Total Assets$1,813,252$894,397▼ $918,855
Other Assets Total$79,669$13,848▼ $65,821
Liabilities
Accounts Payable and Accrued Expenses$352,219$46,930▼ $305,289
Total Liabilities$352,219$46,930▼ $305,289
Net Assets / Fund Balance
Unrestricted Net Assets$1,013,196$847,467▼ $165,729
Temporarily Rstr Net Assets$447,837$0▼ $447,837
Total Net Assets Fund Balance$1,461,033$847,467▼ $613,566
Total Liabilities and Net Assets / Fund Balance$1,813,252$894,397▼ $918,855

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$532,854$106,621$639,475
Equipment$208,385$46,766$255,151
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mary Jo Ruggieri PhdPresident of SchoolFT$125,000$125,000
J Randall Vesco CPAContracted CFOPT$56,322$56,322

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$72,286
Program Service Revenue
$410,224
Investment Income
$8,158
Other Revenue
$8,353
All Other Contributions
$65,000
Change in Net Assets
$-613,581
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$729,563
Salaries, Compensation, and Employee Benefits$383,039
Total Fundraising Expense$36,680
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$161,864$29,626-$191,490
Current Officers, Directors, Trustees, and Key Employees$62,975$102,163$16,184$181,322
Other Salaries and Wages$134,005$29,476$8,933$172,414
Depreciation Depletion$111,693$35,937-$147,630
Fees for Services Other$49,276$3,624$7,614$60,514
Office Expenses$23,109$16,151$993$40,253
Information Technology-$33,238-$33,238
Advertising$27,830--$27,830
Fees for Services Legal$15,201$9,706$876$25,783
Payroll Taxes$18,255$4,868$1,217$24,340
Travel$3,617$9,846$615$14,078
All Other Expenses$8,836$2,530-$11,366
Fees for Services Accounting$3,000$7,952-$10,952
Other Expenses$16,621$10,350-$10,350
Other Employee Benefits$3,722$993$248$4,963
Conferences and Meetings$1,425$475-$1,900
Insurance$930$123-$1,053
Total Functional Expenses$778,864$297,058$36,680$1,112,602
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
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Dr Ronald B Casselberry MdBoard Member Is an Investor in Vital Health PartnersPAYMENTS RECEIVED FROM VHP FOR OFFICE RENT/UTILITIES ($68,453), TELEPHONE RENTAL ($2,606), HBO CHAMBER USAGE FEE ($16,133), INTEREST ON FURNITURE NOTE ($8,159), AND PRINCIPAL ON FURNITURE NOTE ($46,276). PAYMENT TO VHP FOR INSURANCE AND OTHER REIMBURSEMENTS ($1,101).No$142,728
Dr Todd Pesek MdBoard Member Is an Investor in Vital Health PartnersPAYMENTS RECEIVED FROM VHP FOR OFFICE RENT/UTILITIES ($68,453), TELEPHONE RENTAL ($2,606), HBO CHAMBER USAGE FEE ($16,133), INTEREST ON FURNITURE NOTE ($8,159), AND PRINCIPAL ON FURNITURE NOTE ($46,276). PAYMENT TO VHP FOR INSURANCE AND OTHER REIMBURSEMENTS ($1,101).No$142,728
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, Part VI, Section A, Line 2

Various members of the board have business relationships.

Form 990, Part VI, Section A, Line 3

The organization's cfo is provided by an independent contractor.

Form 990, Part VI, Section A, Line 8B

There were no committees yet established as this was the 1st year of operations of the organization. Committees were established in 2015.

Form 990, Part VI, Section B, Line 11

Board members are given an opportunity to review the 990 before final submission.

Form 990, Part VI, Section B, Line 12C

Annually, board members disclose their interests that could give rise to conflict. New members also are required to disclose any interests.

Form 990, Part VI, Section B, Line 15

Board consults with similar not-for-profit organizations to determine reasonableness of salary and benefits. Board approves compensation of top management official of the organization.

Form 990, Part VI, Section C, Line 19

The organization's governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Great Lakes Clinic and Healing Institute
EIN
46-4730005
Phone
4409950555
Address
5555 MAYFIELD ROAD, LYNDHURST, OH 44124

Signing Officer

Name
Randy Vesco
Title
Contracted CFO
Phone
4403331900
Signed
2016-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Randy Vesco
Formed
2014
Legal Domicile
Oh
Voting Board Members
8
Independent Board Members
6
Employees
9
Volunteers
0

Preparer

Firm
Barnes Wendling Cpas Inc
Address
5050 WATERFORD DRIVE, SHEFFIELD VILLAGE, OH 44035
Preparer
Laurie a Gatten CPA
Phone
4409343850
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

During 2015 the organization closed the school.

FORM 990, PART XI, LINE 9:

Adjustment to fund balance 15.

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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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IRS990/Desc0PARKER HANNIFIN SCHOOL - IS A CAREER COLLEGE ENGAGED IN EDUCATING AND TRAINING STUDENTS TO PURSUE CAREERS IN THE FIELD OF ALTERNATIVE AND COMPLEMENTARY MEDICINE, PROVIDING THE WORKFORCE THAT CAM NEEDS IN NORTHEAST OHIO.
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04868
IRS990/PayrollTaxesGrp/ProgramServicesAmt018255
IRS990/PayrollTaxesGrp/TotalAmt024340
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0545000
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0RANDY VESCO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT INCOME
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL
IRS990/ProgramServiceRevenueGrp/Desc2CHAMBER USAGE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0330056
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt164035
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt216133
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0330056
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt164035
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt216133
IRS990/ProgSrvcAccomActy2Grp/Desc0FACILITY AND EQUIPMENT LEASING - VITAL HEALTH PARTNERS (VHP), A FOR-PROFIT HEALTHCARE ORGANIZATION OWNED BY 2 BOARD MEMBERS OF THE ORGANIZATION, WAS SECURED AS A TENANT. VHP LEASES 40% OF THE SPACE AND PARKER HANNIFIN SCHOOL OCCUPIED THE REST.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0220087
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt080168
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt060000
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt08353
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01580000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt099204
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt032738
IRS990/PYRevenuesLessExpensesAmt01461033
IRS990/PYSalariesCompEmpBnftPaidAmt052501
IRS990/PYTotalExpensesAmt0151705
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01612738
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-613581
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0330056
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt072286
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01580000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01652286
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt08158
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt032738
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt040896
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0411397
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0411397
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt08158
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt032738
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt040896
IRS990ScheduleA/InvestmentIncomeCYPct00.01940
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt07180
IRS990ScheduleA/OtherIncome509Grp/TotalAmt07180
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97720
IRS990ScheduleA/PublicSupportTotal509Amt02063683
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0483683
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01580000
IRS990ScheduleA/Total509Grp/TotalAmt02063683
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0499021
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01612738
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02111759
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0208385
IRS990ScheduleD/EquipmentGrp/DepreciationAmt046766
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0255151
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0532854
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0106621
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0639475
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0741239
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0DR TODD PESEK MD
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1DR RONALD B CASSELBERRY MD
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BOARD MEMBER IS AN INVESTOR IN VITAL HEALTH PARTNERS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1BOARD MEMBER IS AN INVESTOR IN VITAL HEALTH PARTNERS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0142728
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt1142728
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0PAYMENTS RECEIVED FROM VHP FOR OFFICE RENT/UTILITIES ($68,453), TELEPHONE RENTAL ($2,606), HBO CHAMBER USAGE FEE ($16,133), INTEREST ON FURNITURE NOTE ($8,159), AND PRINCIPAL ON FURNITURE NOTE ($46,276). PAYMENT TO VHP FOR INSURANCE AND OTHER REIMBURSEMENTS ($1,101).
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1PAYMENTS RECEIVED FROM VHP FOR OFFICE RENT/UTILITIES ($68,453), TELEPHONE RENTAL ($2,606), HBO CHAMBER USAGE FEE ($16,133), INTEREST ON FURNITURE NOTE ($8,159), AND PRINCIPAL ON FURNITURE NOTE ($46,276). PAYMENT TO VHP FOR INSURANCE AND OTHER REIMBURSEMENTS ($1,101).
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DURING 2015 THE ORGANIZATION CLOSED THE SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VARIOUS MEMBERS OF THE BOARD HAVE BUSINESS RELATIONSHIPS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S CFO IS PROVIDED BY AN INDEPENDENT CONTRACTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE WERE NO COMMITTEES YET ESTABLISHED AS THIS WAS THE 1ST YEAR OF OPERATIONS OF THE ORGANIZATION. COMMITTEES WERE ESTABLISHED IN 2015.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD MEMBERS ARE GIVEN AN OPPORTUNITY TO REVIEW THE 990 BEFORE FINAL SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ANNUALLY, BOARD MEMBERS DISCLOSE THEIR INTERESTS THAT COULD GIVE RISE TO CONFLICT. NEW MEMBERS ALSO ARE REQUIRED TO DISCLOSE ANY INTERESTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BOARD CONSULTS WITH SIMILAR NOT-FOR-PROFIT ORGANIZATIONS TO DETERMINE REASONABLENESS OF SALARY AND BENEFITS. BOARD APPROVES COMPENSATION OF TOP MANAGEMENT OFFICIAL OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ADJUSTMENT TO FUND BALANCE 15.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd01
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0447837
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00

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