Civic Intelligence

Bayada Home Care

990 • Fiscal year 2022 • EIN 47-3268151

Jan 04, 2021 to Jan 02, 2022 • Filed on Nov 15, 2022

615 PIIKOI STREET Suite 600Honolulu, HI 96814

(856) 793-1775

Siviq Scores

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

Liabilities / Assets

49th percentile

0.21x

Higher debt load relative to assets than 49% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Liabilities / Revenue

32nd percentile

0.14x

Higher debt load relative to revenue than 32% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Net Margin

33rd percentile

0.7%

Higher net margin than 33% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Top Officer Pay

82nd percentile

$479,772

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Asset Growth

49th percentile

0.0%

Faster asset growth than 49% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Revenue Growth

41st percentile

0.0%

Faster revenue growth than 41% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Assets

Flat

$24,657,621

Flat from 2021

Net Assets

Flat

$19,577,975

Flat from 2021

Liabilities

Flat

$5,079,646

Flat from 2021

Revenue

Flat

$36,933,155

Flat from 2021

Expenses

Flat

$36,675,724

Flat from 2021

Net Income

Flat

$257,431

Flat from 2021

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2015: $5,037,936Liabilities 2015: $1,908,807Net Assets 2015: $3,129,1292015Assets 2017: $20,694,283Liabilities 2017: $2,897,307Net Assets 2017: $17,796,9762017Assets 2018: $20,634,940Liabilities 2018: $2,697,404Net Assets 2018: $17,937,5362018Assets 2019: $21,239,773Liabilities 2019: $3,170,308Net Assets 2019: $18,069,4652019Assets 2020: $23,434,395Liabilities 2020: $4,113,851Net Assets 2020: $19,320,5442020Assets 2021: $24,657,621Liabilities 2021: $5,079,646Net Assets 2021: $19,577,9752021Assets 2022: $24,657,621Liabilities 2022: $5,079,646Net Assets 2022: $19,577,9752022Assets 2023: $28,327,861Liabilities 2023: $6,235,638Net Assets 2023: $22,092,2232023Assets 2024: $20,113,224Liabilities 2024: $5,931,474Net Assets 2024: $14,181,7502024

Highlighted filing

2022

Assets$24,657,621
Liabilities$5,079,646
Net Assets$19,577,975

Operations Trend

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

$60M$40M$20M$0Revenue 2015: $11,245,427Expenses 2015: $8,116,298Net Income 2015: $3,129,1292015Revenue 2017: $33,870,154Expenses 2017: $33,115,155Net Income 2017: $754,9992017Revenue 2018: $36,172,414Expenses 2018: $36,031,854Net Income 2018: $140,5602018Revenue 2019: $39,563,290Expenses 2019: $39,431,361Net Income 2019: $131,9292019Revenue 2020: $37,017,891Expenses 2020: $35,938,663Net Income 2020: $1,079,2282020Revenue 2021: $36,933,155Expenses 2021: $36,675,724Net Income 2021: $257,4312021Revenue 2022: $36,933,155Expenses 2022: $36,675,724Net Income 2022: $257,4312022Revenue 2023: $35,890,148Expenses 2023: $33,358,181Net Income 2023: $2,531,9672023Revenue 2024: $46,960,937Expenses 2024: $42,799,442Net Income 2024: $4,161,4952024

Highlighted filing

2022

Revenue$36,933,155
Expenses$36,675,724
Net Income$257,431
Jump To
Filing Snapshot
Filing Period
Jan 4, 2021 to Jan 2, 2022
Signed
Nov 15, 2022
Return Version
2021v4.2
Gross Receipts
$36,933,155
Mission and Program Overview

Mission

Bayada is organized and operated to provide charitable home health care services primarily to medicaid and department of education beneficiaries. Such charitable home health care services include providing nursing care after injury, illness, or surgery; care for needs related to a chronic condition; physical therapy for improving function through therapeutic exercise, balance and coordination training and education, speech language pathology for evaluating and treating communication and swallowing problems; occupational therapy for improving motor skills and reasoning abilities, or to compensate for permanent loss of function; assistive care (home health aide services) such as bathing, dressing, and medication reminders, medical social work such as mental and social assessments; and connecting clients and families to community. Bayadas purpose is to help people have a safe home life with comfort, independence, and dignity. Bayada will provide the highest quality home health care servic

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$13,868,386$16,185,928▲ $2,317,542
Accounts Receivable$6,718,816$5,461,796▼ $1,257,020
Investments Other Securities$1,363,617$1,778,212▲ $414,595
Prepaid Expenses and Deferred Charges$1,319,278$1,049,371▼ $269,907
Land, Buildings, and Equipment, Net$105,518$120,951▲ $15,433
Cash and Non-Interest-Bearing Accounts$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 Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$23,434,395$24,657,621▲ $1,223,226
Other Assets Total$58,780$61,363▲ $2,583
Liabilities
Other Liabilities$1,841,005$2,531,957▲ $690,952
Accounts Payable and Accrued Expenses$2,272,846$2,495,889▲ $223,043
Deferred Revenue$0$51,800▲ $51,800
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$4,113,851$5,079,646▲ $965,795
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$19,320,544$19,577,975▲ $257,431
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$19,320,544$19,577,975▲ $257,431
Total Liabilities and Net Assets / Fund Balance$23,434,395$24,657,621▲ $1,223,226

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$111,166$282,527$393,693
Leasehold Improvements$9,785$11,642$21,427
Closely Held Equity Interests$1,778,212--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Josliene MillerDivision DirectorFT$131,116$78,777$209,893
Julie AndersonDivision DirectorFT$100,772$99,329$200,101
Melissa GoueytesDirectorFT$93,043$77,555$170,598
Christina WhiteDivision DirectorFT$83,241$75,807$159,048
Eliza LippDivision DirectorFT$135,190$4,347$139,537
Enrico BallezziDirectorPT$22,000$116,667$138,667
P Mel BaiadaChairmanPT-$116,667$116,667
Barbara ColinDirectorPT$22,000$2,645$24,645
Donald HornerDirectorPT$22,000-$22,000
Tom MyletDirectorPT$22,000-$22,000
Tracy FujitaDirectorPT$22,000-$22,000

Board Members and Trustees

NameTitle
Tanya HolcombSecretary
Paul LindenmuthTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Roeca Luria Shin LLPLegal Services841 BISHOP ST STE 900, Honolulu, HI 96813$220,000
Revenue and Support

Revenue Composition

Contributions and Grants
$113,000
Program Service Revenue
$36,364,602
Investment Income
$40,958
Other Revenue
$414,595
All Other Contributions
$0
Change in Net Assets
$257,431
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$28,859,443
Other Expenses$7,816,281
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$18,364,971$1,327-$18,366,298
Other Employee Benefits$7,145,947$217,958-$7,363,905
Payroll Taxes$2,642,873$3,885-$2,646,758
Insurance$859,611$1,278,910-$2,138,521
Occupancy$939,698--$939,698
Pension Plan Contributions$371,808$674-$372,482
Other Expenses$135,797$114,723$0$250,520
Office Expenses$226,876$16,785-$243,661
Information Technology$202,771--$202,771
Travel$111,624--$111,624
Current Officers, Directors, Trustees, and Key Employees$110,000$0$0$110,000
Depreciation Depletion$64,492--$64,492
Advertising$62,727--$62,727
Conferences and Meetings$57,767--$57,767
All Other Expenses$23,340--$23,340
Total Functional Expenses$34,859,420$1,816,304$0$36,675,724
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Liabilities Under Insurance Programs$2,479,938
Other Liabilities$52,019
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Bayada home health care inc. Is the sole member.

Form 990, Part VI, Section A, Line 7A

Bayada home health care inc. Elects members of the board.

Form 990, Part VI, Section B, Line 7B

Decisions subject to approval of members.

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

The organization's form 990 is reviewed by board members, officers and an independent cpa firm.

Form 990 Part VI, Section B, Line 12C

The organization annually requires all board members to review the conflict of interest policy and confirm in writing they do not have a conflict.

Form 990, Part VI, Section B, Line 15

The compensation for the ceo, executive director and top management is reviewed and approved by the board of directors. The compensation for officers and key employees is reviewed by the executive director, presented to, reviewed and approved by the board of directors.

Form 990, Part VI, Section C, Line 19

BY WRITTEN REQUEST.

Filing and Contact Details

Filer

Filer Name
Bayada Home Care
EIN
47-3268151
In Care Of
% PAUL LINDENMUTH
Phone
8567931775
Address
615 PIIKOI STREET Suite 600, HONOLULU, HI 96814

Signing Officer

Name
Paul Lindenmuth
Title
Treasurer
Phone
8567931775
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Lindenmuth
Formed
2015
Legal Domicile
Hi
Voting Board Members
6
Independent Board Members
3
Employees
1,441
Volunteers
3

Preparer

Firm
PricewaterhouseCoopers LLP
Address
2001 MARKET ST SUITE 1800, PHILADELPHIA, PA 19103
Preparer
Eric M Mcneil
Phone
2673303000
Supplemental Narrative

Additional Explanations

Form 990 Part I, Line 1 and Part III, Line 1

Description of organization mission bayada home care (bhc) is organized and operated to provide charitable home health care services. Such charitable home health care services include providing nursing care after injury, illness or surgery; care for needs related to a chronic condition; physical therapy for improving function through therapeutic exercise, balance and coordination training and education, speech language pathology for evaluating and treating communication and swallowing problems; occupational therapy for improving motor skills and reasoning abilities, or to compensate for permanent loss of function; assistive care (home health aide services) such as bathing, dressing, and medication reminders, medical social work such as mental and social assessments; and connecting clients and families to community. Bhc's purpose is to help people have a safe home life with comfort, independence, and dignity. Bhc will provide the highest quality home health care services including nursing, rehabilitative, therapeutic.

Form 990 Part XII

The audit committee assumes responsibility and oversight for the annual audit. This process has not changed in the current year.

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