Civic Intelligence

Otolaryngic Head & Neck Surgery

990 • Fiscal year 2018 • EIN 48-0778468

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 11, 2018

3901 Rainbow Blvd Mailstop 3010Kansas City, KS 66160

(913) 588-1444

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

12th percentile

-37%

Faster asset growth than 12% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$10,297

Down $6,125 (-37%) from 2017

Net Assets

Down

$10,297

Down $6,125 (-37%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Down

$0

Down $95 (-100%) from 2017

Expenses

Down

$6,125

Down $27,804 (-82%) from 2017

Net Income

Up

-$6,125

Up $27,709 (+82%) from 2017

Historical Trend

Balance Sheet Trend

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

$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

2018

Assets$10,297
Liabilities$0
Net Assets$10,297

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2018

Revenue$0
Expenses$6,125
Net Income-$6,125
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 11, 2018
Return Version
2017v2.3
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$16,422$10,297▼ $6,125
Total Assets$16,422$10,297▼ $6,125
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$16,422$10,297▼ $6,125
Total Net Assets Fund Balance$16,422$10,297▼ $6,125
Total Liabilities and Net Assets / Fund Balance$16,422$10,297▼ $6,125
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
$-6,125
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,125
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 Accounting-$5,800-$5,800
Office Expenses-$325-$325
Total Functional Expenses$0$6,125$0$6,125
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 and 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 head and neck surgery foundation has as its members the chair of the department of otolaryngology, head and neck surgery at the university of kansas medical school.

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

Decisions subject ot 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 and 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
2018-10-11
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
Cudney Ecord Mcenroe & Mullane LLC
Address
1310 CARONDELET DRIVE SUITE 333, KANSAS CITY, MO 64114
Preparer
Thomas J Mullane
Phone
8169423133
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 Appendix287 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CLASSES OF MEMBERS OR STOCKHOLDERS: THE KANSAS UNIVERSITY OTOLARYNGIC HEAD AND NECK SURGERY FOUNDATION HAS MEMBERS RATHER THAN STOCKHOLDERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ELECTION OF MEMBERS AND THEIR RIGHTS: THE KANSAS UNIVERSITY HEAD AND NECK SURGERY FOUNDATION HAS AS ITS MEMBERS THE CHAIR OF THE DEPARTMENT OF OTOLARYNGOLOGY, HEAD AND NECK SURGERY AT THE UNIVERSITY OF KANSAS MEDICAL SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DECISIONS SUBJECT OT 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 AND 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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
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/FilingSecurityInformation/IPDt02018-10-11
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm014:59:19
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0480779042
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CUDNEY ECORD MCENROE & MULLANE LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01310 CARONDELET DRIVE SUITE 333
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KANSAS CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd064114
ReturnHeader/PreparerPersonGrp/PhoneNum08169423133
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS J MULLANE
ReturnHeader/ReturnTs02018-10-11T15:01:43-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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