Civic Intelligence

Otolaryngic - Head & Neck

EIN 48-0778468 • 501(c)3 • Kansas City, KS

Profile

Organization provides medical education to students and residents, provides patient care, and conducts research.

3901 Rainbow Blvd Mailstop 3010Kansas City, KS 66160

n/A

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2019

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2019

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

28th percentile

-27%

Faster asset growth than 28% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

Score unavailable

No value available

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

Annualized from 2018 to 2019

Assets

Down

$7,534

Down $2,763 (-27%) from 2018

Liabilities

Flat

$0

Flat from 2018

Net Assets

Down

$7,534

Down $2,763 (-27%) from 2018

Revenue

Flat

$0

Flat from 2018

Expenses

Down

$2,763

Down $3,362 (-55%) from 2018

Net Income

Up

-$2,763

Up $3,362 (+55%) from 2018

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $2,776,168Liabilities 2010: $443,908Net Assets 2010: $2,332,2602010Assets 2011: $3,186,203Liabilities 2011: $343,535Net Assets 2011: $2,842,6682011Assets 2012: $2,972,376Liabilities 2012: $338,261Net Assets 2012: $2,634,1152012Assets 2013: $2,377,680Liabilities 2013: $391,952Net Assets 2013: $1,985,7282013Assets 2014: $2,961,006Liabilities 2014: $406,070Net Assets 2014: $2,554,9362014Assets 2015: $3,188,395Liabilities 2015: $399,417Net Assets 2015: $2,788,9782015Assets 2016: $50,256Liabilities 2016: $0Net Assets 2016: $50,2562016Assets 2017: $16,422Liabilities 2017: $0Net Assets 2017: $16,4222017Assets 2018: $10,297Liabilities 2018: $0Net Assets 2018: $10,2972018Assets 2019: $7,534Liabilities 2019: $0Net Assets 2019: $7,5342019

Highlighted filing

2019

Assets$7,534
Liabilities$0
Net Assets$7,534

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $6,132,9432010Expenses 2011: $6,142,0142011Expenses 2012: $6,173,6372012Revenue 2013: $6,871,592Expenses 2013: $7,581,151Net Income 2013: -$709,5592013Revenue 2014: $8,957,402Expenses 2014: $8,388,194Net Income 2014: $569,2082014Revenue 2015: $9,060,986Expenses 2015: $8,826,944Net Income 2015: $234,0422015Revenue 2016: $4,457,014Expenses 2016: $4,604,796Net Income 2016: -$147,7822016Revenue 2017: $95Expenses 2017: $33,929Net Income 2017: -$33,8342017Revenue 2018: $0Expenses 2018: $6,125Net Income 2018: -$6,1252018Revenue 2019: $0Expenses 2019: $2,763Net Income 2019: -$2,7632019

Highlighted filing

2019

Revenue$0
Expenses$2,763
Net Income-$2,763

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 13, 2019
Return Version
2018v3.1
Gross Receipts
$0
Mission and Program Overview

Mission

Organization provides medical education to students and residents, provides patient care, and conducts research.

Provides medical education to students and residents, patient care and conducts research.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$10,297$7,534▼ $2,763
Total Assets$10,297$7,534▼ $2,763
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$10,297$7,534▼ $2,763
Total Net Assets Fund Balance$10,297$7,534▼ $2,763
Total Liabilities and Net Assets / Fund Balance$10,297$7,534▼ $2,763
Compensation and Service Providers

Board Members and Trustees

NameTitle
Alexander Chiu MdPresident
Keith a SaleSecretary
Terry T TsueTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-2,763
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,763
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
Fees for Services Legal-$2,428-$2,428
Office Expenses-$335-$335
Total Functional Expenses$0$2,763$0$2,763
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Classes of members or stockholders: the kansas university otolaryngic head & neck surgery foundation has members rather than stockholders.

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

Election of members and their rights: the kansas university otolaryngic head & neck surgery foundation has as its members the chair of the department of otolaryngology, head & neck surgery at the university of kansas medical school.

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

Decisions subject to approval of members: certain actions and decisions of the board of trustees are subject to approval by the sole member.

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

Organization's process to review form 990: the form 990 is prepared and reviewed by the organization's outside accountant. It is then sent to the organization's administrator for review. After any changes, the updated return is then sent to the board for review and comment. Once reviewed by the board and all questions and comments have been addressed, the final form 990 is provided to the board prior to filing with the tax authorities.

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

Enforcement of conflicts policy: members review the conflict of interest policy at the end of each fiscal year. Any potential conflicts are disclosed and resolved at that time.

Form 990, Part VI, Section C, Line 19

Governing documents disclosure explanation: the kansas university head & neck surgery foundation provides upon written request presented at its office: its original form 1023, latest form 990, conflict of interest policy and latest financial statements within 10 business days of the receipt of such request.

Filing and Contact Details

Filer

Filer Name
Otolaryngic - Head & Neck Surgery
EIN
48-0778468
Phone
9135881444
Address
3901 RAINBOW BLVD MAILSTOP 3010, KANSAS CITY, KS 66160

Signing Officer

Name
Alexander Chiu Md
Title
President
Phone
9135881444
Signed
2019-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alexander Chiu Md
Formed
1971
Legal Domicile
Ks
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Marr and Company Pc
Address
1401 EAST 104TH STREET SUITE 100, KANSAS CITY, MO 64131
Preparer
Thomas J Mullane
Phone
8163638700
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, ADDITIONAL INFORMATION:

The foundation signed an agreement to transfer all of its activities, assets, liabilities and fund balances into a new integrated clinical enterprise. The new enterprise is kansas university physicians (ein 48-1163756) and is a 501(c)(3) exempt entity. The foundation began transferring some of its assets to this new enterprise during fye june 30, 2016. The existing entity will be dissolved once all transfers to the new enterprise are complete.

Raw XML Appendix286 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/GrantsToIndividualsInd00
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IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt00
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IRS990/MoreThan5000KToIndividualsInd00
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IRS990/NetAssetsOrFundBalancesBOYAmt010297
IRS990/NetAssetsOrFundBalancesEOYAmt07534
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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0335
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IRS990/Organization501c3Ind0X
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IRS990/OtherChangesInNetAssetsAmt00
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IRS990/PYOtherExpensesAmt06125
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IRS990/ReconcilationRevenueExpnssAmt0-2763
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt04156
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt06154
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt095
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IRS990ScheduleA/InvestmentIncomeCYPct00.00050
IRS990ScheduleA/InvestmentIncomePYPct00.00040
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CLASSES OF MEMBERS OR STOCKHOLDERS: THE KANSAS UNIVERSITY OTOLARYNGIC HEAD & NECK SURGERY FOUNDATION HAS MEMBERS RATHER THAN STOCKHOLDERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ELECTION OF MEMBERS AND THEIR RIGHTS: THE KANSAS UNIVERSITY OTOLARYNGIC HEAD & NECK SURGERY FOUNDATION HAS AS ITS MEMBERS THE CHAIR OF THE DEPARTMENT OF OTOLARYNGOLOGY, HEAD & NECK SURGERY AT THE UNIVERSITY OF KANSAS MEDICAL SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DECISIONS SUBJECT TO APPROVAL OF MEMBERS: CERTAIN ACTIONS AND DECISIONS OF THE BOARD OF TRUSTEES ARE SUBJECT TO APPROVAL BY THE SOLE MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ORGANIZATION'S PROCESS TO REVIEW FORM 990: THE FORM 990 IS PREPARED AND REVIEWED BY THE ORGANIZATION'S OUTSIDE ACCOUNTANT. IT IS THEN SENT TO THE ORGANIZATION'S ADMINISTRATOR FOR REVIEW. AFTER ANY CHANGES, THE UPDATED RETURN IS THEN SENT TO THE BOARD FOR REVIEW AND COMMENT. ONCE REVIEWED BY THE BOARD AND ALL QUESTIONS AND COMMENTS HAVE BEEN ADDRESSED, THE FINAL FORM 990 IS PROVIDED TO THE BOARD PRIOR TO FILING WITH THE TAX AUTHORITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ENFORCEMENT OF CONFLICTS POLICY: MEMBERS REVIEW THE CONFLICT OF INTEREST POLICY AT THE END OF EACH FISCAL YEAR. ANY POTENTIAL CONFLICTS ARE DISCLOSED AND RESOLVED AT THAT TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS DISCLOSURE EXPLANATION: THE KANSAS UNIVERSITY HEAD & NECK SURGERY FOUNDATION PROVIDES UPON WRITTEN REQUEST PRESENTED AT ITS OFFICE: ITS ORIGINAL FORM 1023, LATEST FORM 990, CONFLICT OF INTEREST POLICY AND LATEST FINANCIAL STATEMENTS WITHIN 10 BUSINESS DAYS OF THE RECEIPT OF SUCH REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE FOUNDATION SIGNED AN AGREEMENT TO TRANSFER ALL OF ITS ACTIVITIES, ASSETS, LIABILITIES AND FUND BALANCES INTO A NEW INTEGRATED CLINICAL ENTERPRISE. THE NEW ENTERPRISE IS KANSAS UNIVERSITY PHYSICIANS (EIN 48-1163756) AND IS A 501(C)(3) EXEMPT ENTITY. THE FOUNDATION BEGAN TRANSFERRING SOME OF ITS ASSETS TO THIS NEW ENTERPRISE DURING FYE JUNE 30, 2016. THE EXISTING ENTITY WILL BE DISSOLVED ONCE ALL TRANSFERS TO THE NEW ENTERPRISE ARE COMPLETE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, ADDITIONAL INFORMATION:
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ReturnHeader/BuildTS02020-03-31 21:24:44Z
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0431490039
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MARR AND COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01401 EAST 104TH STREET SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KANSAS CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd064131
ReturnHeader/PreparerPersonGrp/PhoneNum08163638700
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS J MULLANE
ReturnHeader/ReturnTs02019-11-15T07:07:19-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

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