Civic Intelligence

Met Ed Co

990 • Fiscal year 2019 • EIN 47-3204389

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 14, 2020

1111 Pearl St Room 203Boulder, CO 80302

(303) 494-3321

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.96x

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

78th percentile

0.24x

Higher debt load relative to revenue than 78% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

39th percentile

0.0%

Higher net margin than 39% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

2nd percentile

-67%

Faster asset growth than 2% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

63rd percentile

11%

Faster revenue growth than 63% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$231,952

Down $472,163 (-67%) from 2018

Net Assets

Up

$8,524

Up $230 (+2.8%) from 2018

Liabilities

Down

$223,428

Down $472,393 (-68%) from 2018

Revenue

Up

$947,646

Up $96,193 (+11%) from 2018

Expenses

Up

$947,416

Up $100,249 (+12%) from 2018

Net Income

Down

$230

Down $4,056 (-95%) from 2018

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2015: $192,958Liabilities 2015: $140,551Net Assets 2015: $52,4072015Assets 2016: $403,610Liabilities 2016: $402,004Net Assets 2016: $1,6062016Assets 2017: $608,072Liabilities 2017: $604,064Net Assets 2017: $4,0082017Assets 2018: $704,115Liabilities 2018: $695,821Net Assets 2018: $8,2942018Assets 2019: $231,952Liabilities 2019: $223,428Net Assets 2019: $8,5242019Assets 2020: $613,993Liabilities 2020: $607,623Net Assets 2020: $6,3702020Assets 2021: $152,351Liabilities 2021: $145,500Net Assets 2021: $6,8512021Assets 2022: $159,289Liabilities 2022: $152,110Net Assets 2022: $7,1792022Assets 2023: $168,290Liabilities 2023: $161,021Net Assets 2023: $7,2692023Assets 2024: $420,234Liabilities 2024: $403,074Net Assets 2024: $17,1602024

Highlighted filing

2019

Assets$231,952
Liabilities$223,428
Net Assets$8,524

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2015: $139,850Expenses 2015: $87,443Net Income 2015: $52,4072015Revenue 2016: $270,749Expenses 2016: $321,676Net Income 2016: -$50,9272016Revenue 2017: $557,212Expenses 2017: $554,809Net Income 2017: $2,4032017Revenue 2018: $851,453Expenses 2018: $847,167Net Income 2018: $4,2862018Revenue 2019: $947,646Expenses 2019: $947,416Net Income 2019: $2302019Revenue 2020: $305,263Expenses 2020: $307,417Net Income 2020: -$2,1542020Revenue 2021: $834,590Expenses 2021: $834,109Net Income 2021: $4812021Revenue 2022: $378,081Expenses 2022: $377,753Net Income 2022: $3282022Revenue 2023: $440,700Expenses 2023: $440,610Net Income 2023: $902023Revenue 2024: $432,401Expenses 2024: $422,510Net Income 2024: $9,8912024

Highlighted filing

2019

Revenue$947,646
Expenses$947,416
Net Income$230
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 14, 2020
Return Version
2019v5.1
Gross Receipts
$947,646
Mission and Program Overview

Mission

Education for patients with chronic disease

Met Eds mission is to improve lives through the education of clinicians, patients and families in the control and management of chronic disease and disability.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$597,664$194,842▼ $402,822
Prepaid Expenses and Deferred Charges$86,451$25,682▼ $60,769
Accounts Receivable$20,000$11,428▼ $8,572
Rtn Earn Endowment Incm Other Fnds$8,294$8,524▲ $230
Total Assets$704,115$231,952▼ $472,163
Liabilities
Deferred Revenue$685,954$223,350▼ $462,604
Accounts Payable and Accrued Expenses$9,867$78▼ $9,789
Total Liabilities$695,821$223,428▼ $472,393
Net Assets / Fund Balance
Total Net Assets Fund Balance$8,294$8,524▲ $230
Total Liabilities and Net Assets / Fund Balance$704,115$231,952▼ $472,163
Compensation and Service Providers

Board Members and Trustees

NameTitle
Frances RohrManaging Partner
Laurie E BernsteinManaging Partner
Revenue and Support

Revenue Composition

Contributions and Grants
$876,556
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$71,090
All Other Contributions
$876,556
Change in Net Assets
$230
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$947,416
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$938,675--$938,675
All Other Expenses---$7,326
Other Expenses---$66
Total Functional Expenses$938,675$0$0$947,416
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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
Filing and Contact Details

Filer

Filer Name
Met Ed Co
EIN
47-3204389
Phone
3034943321
Address
1111 Pearl St Room 203, Boulder, CO 80302

Signing Officer

Name
Laurie Bernstein
Title
Director
Signed
2020-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laurie E Bernstein
Formed
2015
Legal Domicile
Co
Voting Board Members
2
Independent Board Members
0
Employees
0

Preparer

Firm
Howard O Bernstein PC
Address
1111 Pearl Street Suite 203, Boulder, CO 80302
Preparer
Howard O Bernstein
Phone
3034943321
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Program Service Expenses 141,723, Grants and allocations 110,000, Revenue 32,290 September 2019 Metabolic University, an interactive, didactic program designed to provide training to dietitians and other medical professionals working in the field of inborn errors of metabolism. The workshop focused heavily on experience-based small group participation and discussion, diet calcuations and counseling in a digital learning format.

Form 990, Part III, Line 4D

Program Service Expenses 206,415, Grants and allocations 207,143, Revenue 0 My 2019 Argentina--Speakers include expert metabolic clinicians and researchers from South America and the U.S. This program offered the opportunity to network and share ideas about managing children and adults with PKU. Participants learned to identify the childhood and adult burden of disease identify neorupsyciatric symptoms due to high phenylalanine explore solutions to PKU management and learn updated research on PKU.

Form 990, Part III, Line 4D

Program Service Expenses 7,607, Grants and allocations 12,500, Revenue 0 A series of one-page summaries on the management of metabolic disorders. There are eight disorders covered in the At A Glance series phenylketonuria homocystinuria hereditary tyrosinemia type 1 maple syrup urine disease glutaric acidemia propionic acidemia urea cycle disorders and fatty acid oxidation disorders. The goal of creating At A Glance is to provide an easy-to-read reference with the basic information necessary to manage the diets of individuals with select metabolic disorders.

Form 990, Part III, Line 4D

Program Service Expenses 43,314, Grants and allocations 45,754, Revenue 0 Memphis Advisory Board--WIth the introduction of Palynziq therapy for adults with PKU, the role of the metabolic dietitian is changing from that of prescribing a phenylalanine-restricted diet to promoting higher protein intake once a patients blood phenylalanine is reduced. This exciting treatment option is unfamiliar to PKU dietitians and presents new educational challenges about diet during Palynziq therapy. Met Ed held a focus group prior to the start of the Abbott Metabolic Educational Conference. The focus group consisted of metabolic dietitians who were not part of the clinical trials and are therefore relatively new to managing patients with Palynziq. The focus group assessed the educational needs of patients on Palynziq so that materials can be developed.

Form 990, Part III, Line 4D

Program Service Expenses 53,394, Grants and allocations 53,628, Revenue 0 Memphis Dinner Program--A dinner session was held the first night of the Abbott Nutrition Metabolic Conference. Met Ed developed and implemented the program. An adult patient with PKU who participated in the clinicial trials for Palynziq told her story, guided by questions from the session moderator. The audience was surveyed via live polling technology concerning how they handle issues in their Palynzig clinics. The moderator identified areas of variation in practice and areas of agreement and compared polling results to current published management guidance.

Form 990, Part III, Line 4D

Program Service Expenses 49,992, Grants and allocations 50,000, Revenue 0 Peer-to-Peer Slide Deck--Met Ed developed a slide deck to educate dietitians who are either following patients treated with Palynziq or considering it. The deck contains an overview about Palynziq and focuses on practical aspects of the nutritional management of Palynziq patients.

Form 990, Part III, Line 4D

Program Service Expenses 5,010, Grants and allocations 5,010, Revenue 0 Vitaflo April 2019 Meeting--Met Ed facilitated a meeting focused on providing an overview of nutritional management educational tools used in PKU from the perspectives of clinicians, parents and patients.

Form 990, Part III, Line 4D

Program Service Expenses 32,632, Grants and allocations 30,160, Revenue 0 Vitaflo October 2019 Educational Summit--Met Ed facilitated two eight-hour programs designed for Metabolic Dietitians and other health care professionals to educate them about current practices on the nutrition management of inherited metabolic diseases. The learning objectives for each disorder included a review of the pathophysiology discussion of curreent nutrition and medical management understanding the role medical food and cofactors.

Form 990, Part III, Line 4D

Program Service Expenses 9,759, Grants and allocations 0, Revenue 9,850 Stepping Up Your Protein--This book is a guide for learning about adding protein to ones diet. The traditional diet management of PKU is based on limiting protein from food while taking a metabolic formula to complete ones protein needs. With medical management now available to help maintain blood Phenylaline in the target range. This tool is intended to help with the transition from ones current diet to meeting ones protein needs with food in conjunction with medical management.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Program Service Expenses 141,723, Grants and allocations 110,000, Revenue 32,290 September 2019 Metabolic University, an interactive, didactic program designed to provide training to dietitians and other medical professionals working in the field of inborn errors of metabolism. The workshop focused heavily on experience-based small group participation and discussion, diet calcuations and counseling in a digital learning format.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Program Service Expenses 206,415, Grants and allocations 207,143, Revenue 0 My 2019 Argentina--Speakers include expert metabolic clinicians and researchers from South America and the U.S. This program offered the opportunity to network and share ideas about managing children and adults with PKU. Participants learned to identify the childhood and adult burden of disease identify neorupsyciatric symptoms due to high phenylalanine explore solutions to PKU management and learn updated research on PKU.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Program Service Expenses 7,607, Grants and allocations 12,500, Revenue 0 A series of one-page summaries on the management of metabolic disorders. There are eight disorders covered in the At A Glance series phenylketonuria homocystinuria hereditary tyrosinemia type 1 maple syrup urine disease glutaric acidemia propionic acidemia urea cycle disorders and fatty acid oxidation disorders. The goal of creating At A Glance is to provide an easy-to-read reference with the basic information necessary to manage the diets of individuals with select metabolic disorders.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Program Service Expenses 43,314, Grants and allocations 45,754, Revenue 0 Memphis Advisory Board--WIth the introduction of Palynziq therapy for adults with PKU, the role of the metabolic dietitian is changing from that of prescribing a phenylalanine-restricted diet to promoting higher protein intake once a patients blood phenylalanine is reduced. This exciting treatment option is unfamiliar to PKU dietitians and presents new educational challenges about diet during Palynziq therapy. Met Ed held a focus group prior to the start of the Abbott Metabolic Educational Conference. The focus group consisted of metabolic dietitians who were not part of the clinical trials and are therefore relatively new to managing patients with Palynziq. The focus group assessed the educational needs of patients on Palynziq so that materials can be developed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Program Service Expenses 53,394, Grants and allocations 53,628, Revenue 0 Memphis Dinner Program--A dinner session was held the first night of the Abbott Nutrition Metabolic Conference. Met Ed developed and implemented the program. An adult patient with PKU who participated in the clinicial trials for Palynziq told her story, guided by questions from the session moderator. The audience was surveyed via live polling technology concerning how they handle issues in their Palynzig clinics. The moderator identified areas of variation in practice and areas of agreement and compared polling results to current published management guidance.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Program Service Expenses 49,992, Grants and allocations 50,000, Revenue 0 Peer-to-Peer Slide Deck--Met Ed developed a slide deck to educate dietitians who are either following patients treated with Palynziq or considering it. The deck contains an overview about Palynziq and focuses on practical aspects of the nutritional management of Palynziq patients.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Program Service Expenses 5,010, Grants and allocations 5,010, Revenue 0 Vitaflo April 2019 Meeting--Met Ed facilitated a meeting focused on providing an overview of nutritional management educational tools used in PKU from the perspectives of clinicians, parents and patients.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Program Service Expenses 32,632, Grants and allocations 30,160, Revenue 0 Vitaflo October 2019 Educational Summit--Met Ed facilitated two eight-hour programs designed for Metabolic Dietitians and other health care professionals to educate them about current practices on the nutrition management of inherited metabolic diseases. The learning objectives for each disorder included a review of the pathophysiology discussion of curreent nutrition and medical management understanding the role medical food and cofactors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Program Service Expenses 9,759, Grants and allocations 0, Revenue 9,850 Stepping Up Your Protein--This book is a guide for learning about adding protein to ones diet. The traditional diet management of PKU is based on limiting protein from food while taking a metabolic formula to complete ones protein needs. With medical management now available to help maintain blood Phenylaline in the target range. This tool is intended to help with the transition from ones current diet to meeting ones protein needs with food in conjunction with medical management.
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