Civic Intelligence

Cfhc We Care Inc

990 • Fiscal year 2018 • EIN 47-4846241

Feb 01, 2017 to Jan 31, 2018 • Filed on Dec 10, 2018

47 5th Street NWWinter Haven, FL 33881

(863) 452-3060

Siviq Scores

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

Liabilities / Assets

85th percentile

1.03x

Higher debt load relative to assets than 85% of similar nonprofits.

2018 filings • 501(c)2 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

84th percentile

32.43x

Higher debt load relative to revenue than 84% of similar nonprofits.

2018 filings • 501(c)2 • $5M-$10M nonprofits • Source year 2018

Net Margin

14th percentile

-175%

Higher net margin than 14% of similar nonprofits.

2018 filings • 501(c)2 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

68th percentile

$223,717

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 87.9% of source-year revenue.

2018 filings • 501(c)2 • $5M-$10M nonprofits • Source year 2018

Asset Growth

9th percentile

-7.4%

Faster asset growth than 9% of similar nonprofits.

2018 filings • 501(c)2 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

13th percentile

-29%

Faster revenue growth than 13% of similar nonprofits.

2018 filings • 501(c)2 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Down

$8,006,863

Down $639,184 (-7.4%) from 2017

Net Assets

Down

-$242,551

Down $445,630 (-219%) from 2017

Liabilities

Down

$8,249,414

Down $193,554 (-2.3%) from 2017

Revenue

Down

$254,400

Down $106,212 (-29%) from 2017

Expenses

Up

$700,030

Up $132,821 (+23%) from 2017

Net Income

Down

-$445,630

Down $239,033 (-116%) from 2017

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0-$10MAssets 2016: $8,620,147Liabilities 2016: $8,210,472Net Assets 2016: $409,6752016Assets 2017: $8,646,047Liabilities 2017: $8,442,968Net Assets 2017: $203,0792017Assets 2018: $8,006,863Liabilities 2018: $8,249,414Net Assets 2018: -$242,5512018Assets 2019: $7,551,204Liabilities 2019: $8,179,758Net Assets 2019: -$628,5542019Assets 2020: $7,239,711Liabilities 2020: $8,178,482Net Assets 2020: -$938,7712020Assets 2021: $6,737,390Liabilities 2021: $8,260,155Net Assets 2021: -$1,522,7652021Assets 2022: $5,924,544Liabilities 2022: $7,733,762Net Assets 2022: -$1,809,2182022Assets 2023: $5,590,792Liabilities 2023: $9,345Net Assets 2023: $5,581,4472023Assets 2024: $5,695,859Liabilities 2024: $0Net Assets 2024: $5,695,8592024Assets 2025: $31,436,930Liabilities 2025: $24,926,357Net Assets 2025: $6,510,5732025

Highlighted filing

2018

Assets$8,006,863
Liabilities$8,249,414
Net Assets-$242,551

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2016: $0Expenses 2016: $104,786Net Income 2016: -$104,7862016Revenue 2017: $360,612Expenses 2017: $567,209Net Income 2017: -$206,5972017Revenue 2018: $254,400Expenses 2018: $700,030Net Income 2018: -$445,6302018Revenue 2019: $356,883Expenses 2019: $742,886Net Income 2019: -$386,0032019Revenue 2020: $259,675Expenses 2020: $569,892Net Income 2020: -$310,2172020Revenue 2021: $262,725Expenses 2021: $846,719Net Income 2021: -$583,9942021Revenue 2022: $265,167Expenses 2022: $551,621Net Income 2022: -$286,4542022Revenue 2023: $7,954,008Expenses 2023: $563,342Net Income 2023: $7,390,6662023Revenue 2024: $540,400Expenses 2024: $425,988Net Income 2024: $114,4122024Revenue 2025: $6,272,460Expenses 2025: $5,457,746Net Income 2025: $814,7142025

Highlighted filing

2018

Revenue$254,400
Expenses$700,030
Net Income-$445,630
Jump To
Filing Snapshot
Filing Period
Feb 1, 2017 to Jan 31, 2018
Signed
Dec 10, 2018
Return Version
2017v2.2
Gross Receipts
$254,400
Mission and Program Overview

Mission

Cfhc we care, inc. Holds title to certain fixed assets for use by central florida health care, inc., a 501(c)(3) non-for-profit organization.

Holds title to fixed assets for the benefit of Central Florida Health Care, Inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,773,449$7,351,716▼ $421,733
Intangible Assets$540,222$521,376▼ $18,846
Accounts Receivable$114,580$106,584▼ $7,996
Cash and Non-Interest-Bearing Accounts$217,796$27,187▼ $190,609
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$8,646,047$8,006,863▼ $639,184
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$8,117,500$8,117,500→ $0
Accounts Payable and Accrued Expenses$65,982$98,518▲ $32,536
Other Liabilities$259,486$33,396▼ $226,090
Total Liabilities$8,442,968$8,249,414▼ $193,554
Net Assets / Fund Balance
Unrestricted Net Assets$203,079$-242,551▼ $445,630
Total Net Assets Fund Balance$203,079$-242,551▼ $445,630
Total Liabilities and Net Assets / Fund Balance$8,646,047$8,006,863▼ $639,184

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,817,377$406,285$5,223,662
Leasehold Improvements$1,797,615$107,124$1,904,739
Equipment$461,724$300,150$761,874
Land$275,000-$275,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Cindy BakerCFOFT$107,334$107,334

Board Members and Trustees

NameTitle
David DukeChairman
Nicole IrbyDirector
Ann ClaussenCEO
Sapnalaxmi AminPhyscian- Family
Rodolfo FernandezPhysician- Internal Medicine
Cheryl ClarkePhysician- OB/GYN
Erin O'BrienPhysician- OB/GYN
Merse TurnquestPhysician- OB/GYN
Maria M AnchundiaPhysician- Pediatrician
Sanja CosicPhysician- Pediatrician
Jeff BurryTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$254,400
Change in Net Assets
$-445,630
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$700,030
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
Depreciation Depletion---$440,570
Interest---$146,359
Fees for Services Management---$75,715
Other Expenses---$34,886
Fees for Services Accounting---$2,500
Total Functional Expenses$0$0$0$700,030
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
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Parties$33,395
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

CFO reviews 990 with audit firm and approves preparation. The report is presented by CFO to the board at one (1) of its scheduled meetings prior to submitting to the IRS. The purpose of the 990 and data necessary for its preparation is discussed.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The organization requires all board members to read and sign the organization's "codes of ethics and conduct" annually.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The organization does not have any employees. The organization leases two employees from Central Florida Health Care.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

The organization makes its form 990's and other required information available to the public upon request.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization makes all required public information available upon request.

Filing and Contact Details

Filer

Filer Name
CFHC We Care Inc
EIN
47-4846241
Phone
8634523060
Address
47 5th Street NW, Winter Haven, FL 33881

Signing Officer

Name
Ann Claussen
Title
CEO
Signed
2018-12-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ann Claussen
Formed
2015
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
HathorneSquared PLLC
Address
1420 Lake Baldwin Ln Suite A, Orlando, FL 32814
Preparer
Charity Hathorne CPA
Phone
4073699600
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2: Change of Oversight or Selection Process

The process for oversight of the audit and selection of an independent accountant has not changed.

Financial Statement Notes

Part X : FIN48 Footnote

The Organization is not aware of any tax positions it has taken that are subject to a significant degree of uncertainty. Tax years after 2015 remain subject to examination by federal and state taxing authorities.

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IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Miscellaneous
IRS990/OtherExpensesGrp/TotalAmt034886
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt0259486
IRS990/OtherLiabilitiesGrp/EOYAmt033396
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Ann Claussen
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt029031
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0567209
IRS990/PYOtherRevenueAmt0331581
IRS990/PYRevenuesLessExpensesAmt0-206597
IRS990/PYTotalExpensesAmt0567209
IRS990/PYTotalRevenueAmt0360612
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-445630
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0254400
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt04817377
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0406285
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05223662
IRS990ScheduleD/EquipmentGrp/BookValueAmt0461724
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0300150
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0761874
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0275000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0275000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01797615
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0107124
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01904739
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt033395
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to Related Parties
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Rounding
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is not aware of any tax positions it has taken that are subject to a significant degree of uncertainty. Tax years after 2015 remain subject to examination by federal and state taxing authorities.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07351716
IRS990ScheduleD/TotalLiabilityAmt033396
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Ann Claussen
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CFO reviews 990 with audit firm and approves preparation. The report is presented by CFO to the board at one (1) of its scheduled meetings prior to submitting to the IRS. The purpose of the 990 and data necessary for its preparation is discussed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization requires all board members to read and sign the organization's "codes of ethics and conduct" annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization does not have any employees. The organization leases two employees from Central Florida Health Care.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization makes its form 990's and other required information available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organization makes all required public information available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The process for oversight of the audit and selection of an independent accountant has not changed.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XII, Line 2: Change of Oversight or Selection Process
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Central Florida Health Center Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1CFHC Support Organization Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0591404594
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1475087635
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0To provide primary and preventative heal
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1To provide support for Central Florida H
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt17
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt047 5th Street NW
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt147 5th Street NW
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Winter Haven
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1Winter Haven
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd033881
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd133881
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0true
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0true
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt08646047
IRS990/TotalAssetsEOYAmt08006863
IRS990/TotalAssetsGrp/BOYAmt08646047
IRS990/TotalAssetsGrp/EOYAmt08006863
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0700030
IRS990/TotalGrossUBIAmt00

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