Civic Intelligence

Wheels of Progress Inc.

990EZ • Fiscal year 2015 • EIN 61-1605910

Jan 01, 2015 to Dec 31, 2015 • Filed on May 09, 2016

64 East 111th StreetNew York, NY 10029

(347) 645-3265

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2015

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2015

Net Margin

7th percentile

-159%

Higher net margin than 7% of similar nonprofits.

2015 filings • NTEE L • <$500k nonprofits • Source year 2015

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

2015 filings • NTEE L • <$500k nonprofits • Source year 2015

Asset Growth

6th percentile

-64%

Faster asset growth than 6% of similar nonprofits.

2015 filings • NTEE L • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

89th percentile

48%

Faster revenue growth than 89% of similar nonprofits.

2015 filings • NTEE L • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$53,891

Down $94,649 (-64%) from 2014

Net Assets

Down

$53,891

Down $94,649 (-64%) from 2014

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$59,595

Up $19,382 (+48%) from 2014

Expenses

Up

$154,244

Up $127,214 (+471%) from 2014

Net Income

Down

-$94,649

Down $107,832 (-818%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2012: $165,588Liabilities 2012: $29,7132012Assets 2013: $135,457Liabilities 2013: $100Net Assets 2013: $135,3572013Assets 2014: $148,540Net Assets 2014: $148,5402014Assets 2015: $53,891Net Assets 2015: $53,8912015Assets 2016: $78,936Liabilities 2016: $0Net Assets 2016: $78,9362016Assets 2017: $114,407Liabilities 2017: $2,560Net Assets 2017: $111,8472017Assets 2018: $179,589Liabilities 2018: $627Net Assets 2018: $178,9622018Assets 2019: $121,237Liabilities 2019: $36,040Net Assets 2019: $85,1972019Assets 2020: $794,646Liabilities 2020: $629,451Net Assets 2020: $165,1952020Assets 2021: $810,604Liabilities 2021: $576,969Net Assets 2021: $233,6352021Assets 2022: $751,173Liabilities 2022: $577,277Net Assets 2022: $173,8962022Assets 2023: $692,857Liabilities 2023: $577,978Net Assets 2023: $114,8792023Assets 2024: $656,400Liabilities 2024: $600,956Net Assets 2024: $55,4442024

Highlighted filing

2015

Assets$53,891
Liabilities-
Net Assets$53,891

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2012: $135,312Expenses 2012: $12,791Net Income 2012: $122,5212012Revenue 2013: $13,113Expenses 2013: $13,631Net Income 2013: -$5182013Revenue 2014: $40,213Expenses 2014: $27,030Net Income 2014: $13,1832014Revenue 2015: $59,595Expenses 2015: $154,244Net Income 2015: -$94,6492015Revenue 2016: $219,885Expenses 2016: $196,865Net Income 2016: $23,0202016Revenue 2017: $285,720Expenses 2017: $250,783Net Income 2017: $34,9372017Revenue 2018: $170,602Expenses 2018: $103,487Net Income 2018: $67,1152018Revenue 2019: $146,072Expenses 2019: $237,499Net Income 2019: -$91,4272019Revenue 2020: $199,690Expenses 2020: $119,692Net Income 2020: $79,9982020Revenue 2021: $168,252Expenses 2021: $99,812Net Income 2021: $68,4402021Revenue 2022: $176,723Expenses 2022: $236,462Net Income 2022: -$59,7392022Revenue 2023: $192,041Expenses 2023: $250,358Net Income 2023: -$58,3172023Revenue 2024: $126,535Expenses 2024: $185,970Net Income 2024: -$59,4352024

Highlighted filing

2015

Revenue$59,595
Expenses$154,244
Net Income-$94,649
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 9, 2016
Return Version
2015v2.0
Gross Receipts
$59,618
Mission and Program Overview

Mission

Our mission is to create affordable, accessible, supportive housing and transformative environments for people with physical disabilities.In October 2012, after an 18-month long process, Wheels of Progress was approved by the Department of Health to become a provider of the Nursing Home Transition and Diversion Waiver Program. The NHTD Medicaid waiver was developed based on the philosophy that individuals with disabilities and/or seniors have the same rights as others. This includes the right to be in control of their lives, encounter and manage risks and learn from their experiences. This is balanced with the Waiver Programs responsibility to assure the waiver participants health and welfare. Waiver services are provided based on the participants unique strengths, needs, choices and goals. The individual is the primary decision-maker and works in cooperation with providers to develop a Service Plan. This process leads to personal empowerment, increased independence, greater community

Program Services

DescriptionGrantsExpenses
Our mission is to create affordable, accessible, supportive housing and transformative environments for people living with physical disabilities. - In the past 5 years, Wheels of Progress has been working with private corporations as well as New York City and New York State agencies to create ways to make more affordable and accessible housing available for people with physical disabilities.$125,775-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
GEORGE GALLEGOPresident & CEO-$0--
ROSEMARIE MURRAYVice President-$0--
STEVE GOVETreasurer-$0--
DIANE LOUARD-MICHELDirector-$0--
MARGARET MARKDirector-$0--
ARGYRIOS STAMPASDirector-$0--
MICHAEL ZWEIGDirector-$0--
ELIZABETH ALVARADOVice President-$0--
JULIA HAHN-GALLEGOEmod Specialist-$0--
Filing and Contact Details

Filer

Filer Name
Wheels of Progress Inc
EIN
61-1605910
Phone
3476453265
Address
64 EAST 111TH STREET, NEW YORK, NY 10029

Signing Officer

Name
George Gallego
Title
President & CEO
Signed
2016-05-09
Discuss with paid preparer
Yes

Preparer

Firm
Condata Accounting & Consulting LLC
Address
150 Broadway Rm 1710, New York, NY 10038
Preparer
Wilbert Donnay CPA
Phone
2122331460
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $1104

Other Expenses.1002

Office Expenses $485

Other Expenses.1003

Information Technology $20

Other Expenses.1005

Travel $354

Other Expenses.1006

Payments of Travel or Entertainment for Public Officials $712

Other Expenses.1007

Conferences, Conventions, and Meetings $1293

Other Expenses.1009

Depreciation $1342

Other Expenses.1012

Insurance $7507

Other Expenses.1

Program Expenses $125775

Other Expenses.2

Telephone $3177

Other Expenses.3

Contract Services $2500

Other Expenses.4

Office Supplies $1063

Other Expenses.5

Dues and Subscriptions $261

Other Expenses.6

Meals and Entertainment $53

Other Expenses.7

Filing Fees $50

Other Expenses.9

Bank Service Charges $32

Other Expenses.10

ROUNDING DIFFERENCE $26

Other Assets.1003

Machinery and Equipment - Beginning $8400 Machinery and Equipment - Ending $7058

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ReturnHeader/BuildTS02016-09-27 15:27:22Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WHEELS OF PROGRESS INC
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ReturnHeader/Filer/PhoneNum03476453265
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ReturnHeader/ReturnTs02016-05-09T13:18:02-07:00
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ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • NTEE L40 • <$500k nonprofits