Civic Intelligence

5805 Euclid Inc.

990 • Fiscal year 2019 • EIN 81-4962989

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

3605 Warrensville Center RoadShaker Heights, OH 44122

(216) 844-1000

Siviq Scores

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

Liabilities / Assets

94th percentile

1.04x

Higher debt load relative to assets than 94% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Liabilities / Revenue

97th percentile

12.75x

Higher debt load relative to revenue than 97% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Net Margin

93rd percentile

57%

Higher net margin than 93% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Top Officer Pay

7th percentile

$0

Higher top officer pay than 7% of similar nonprofits.

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

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Asset Growth

95th percentile

60%

Faster asset growth than 95% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Revenue Growth

99th percentile

840%

Faster revenue growth than 99% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Assets

Up

$29,259,489

Up $10,973,735 (+60%) from 2018

Net Assets

Up

-$1,042,718

Up $1,354,401 (+57%) from 2018

Liabilities

Up

$30,302,207

Up $9,619,334 (+47%) from 2018

Revenue

Up

$2,375,846

Up $2,123,038 (+840%) from 2018

Expenses

Up

$1,021,445

Up $504,623 (+98%) from 2018

Net Income

Up

$1,354,401

Up $1,618,415 (+613%) from 2018

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: $1Liabilities 2016: $0Net Assets 2016: $02016Assets 2017: $19,993,253Liabilities 2017: $20,820,546Net Assets 2017: -$827,2932017Assets 2018: $18,285,754Liabilities 2018: $20,682,873Net Assets 2018: -$2,397,1192018Assets 2019: $29,259,489Liabilities 2019: $30,302,207Net Assets 2019: -$1,042,7182019Assets 2020: $22,030,491Liabilities 2020: $22,376,697Net Assets 2020: -$346,2062020Assets 2021: $21,162,773Liabilities 2021: $20,876,367Net Assets 2021: $286,4062021Assets 2022: $19,944,981Liabilities 2022: $19,073,529Net Assets 2022: $871,4522022Assets 2023: $18,843,106Liabilities 2023: $17,373,234Net Assets 2023: $1,469,8722023Assets 2024: $63,584Liabilities 2024: $509,371Net Assets 2024: -$445,7872024

Highlighted filing

2019

Assets$29,259,489
Liabilities$30,302,207
Net Assets-$1,042,718

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $6,716Expenses 2017: $148,226Net Income 2017: -$141,5102017Revenue 2018: $252,808Expenses 2018: $516,822Net Income 2018: -$264,0142018Revenue 2019: $2,375,846Expenses 2019: $1,021,445Net Income 2019: $1,354,4012019Revenue 2020: $696,512Expenses 2020: $0Net Income 2020: $696,5122020Revenue 2021: $632,612Expenses 2021: $0Net Income 2021: $632,6122021Revenue 2022: $585,046Expenses 2022: $0Net Income 2022: $585,0462022Revenue 2023: $1,802,625Expenses 2023: $1,204,205Net Income 2023: $598,4202023Revenue 2024: $1,820,670Expenses 2024: $1,127,147Net Income 2024: $693,5232024

Highlighted filing

2019

Revenue$2,375,846
Expenses$1,021,445
Net Income$1,354,401
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.1
Gross Receipts
$2,375,846
Mission and Program Overview

Mission

Operated exclusively for the benefit of, to perform the functions of, or to carry out the educational purposes of university hospitals cleveland medical center.

5805 euclid, inc. Is organized exclusively to carry out the educational purposes of university hospitals cleveland medical center.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$18,554,393$24,169,154▲ $5,614,761
Savings and Temporary Cash Investments$5,420,137$4,602,860▼ $817,277
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-2,397,119$-1,042,718▲ $1,354,401
Accounts Receivable$-6,176,251--
Total Assets$18,285,754$29,259,489▲ $10,973,735
Other Assets Total$487,475$487,475→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$20,680,000$19,155,567▼ $1,524,433
Accounts Payable and Accrued Expenses$2,873$11,146,640▲ $11,143,767
Total Liabilities$20,682,873$30,302,207▲ $9,619,334
Net Assets / Fund Balance
Total Net Assets Fund Balance$-2,397,119$-1,042,718▲ $1,354,401
Total Liabilities and Net Assets / Fund Balance$18,285,754$29,259,489▲ $10,973,735

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$16,622,167$720,261$17,342,428
Other Land Buildings$3,991,042$23,481$4,014,523
Land$1,592,224-$1,592,224
Equipment$1,002,070$147,482$1,149,552
Leasehold Improvements$961,651$133,179$1,094,830
Compensation and Service Providers

Board Members and Trustees

NameTitle
Taylor Eddie JrDirector/chairperson
Depompei Patricia MPresident
Beasley Teresa MDirector
Harris Timothy SDirector
Kennedy TerriDirector
Kline Stuart FDirector
Terrell KathleenDirector
Hill-johnson ConnieDirector (begin 05/19)
Schultz Stephen aDirector (end 02/19)
Esposito Scott EsqSecretary
Bond Bradley CTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$7,840
Other Revenue
$2,368,006
Change in Net Assets
$1,354,401
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,021,445
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$754,645--$754,645
Interest$206,800--$206,800
Other Expenses$60,000--$60,000
Total Functional Expenses$1,021,445$0$0$1,021,445
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
Audit committee
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
No
Other officer compensation reviewed
No
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

5805 euclid, inc. Is organized such that the current directors are the members.

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

The members elect the board of directors.

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

The members may designate those that serve as chairperson and vice chairperson of the board.

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

The form 990 is prepared by an independent third-party public accounting firm. Management reviews the 990 before the complete copy is made available to the foundation board before filing.

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

The system has adopted six conflict of interest policies that set forth guidelines related to transactions with disqualified persons (as defined in applicable federal regulation). These policies apply to all employees, employed physicians and other licensed practitioners (excluding physician trainees), directors, officers, and related parties to uh and its wholly-owned subsidiaries. Uh regularly and consistently monitors and enforces compliance with the conflict of interest policies. Designated individuals, (e.g., uh management, directors, employed physicians, and advanced practice professionals), are required to complete an annual disclosure and provide information regarding any interests that may be potential conflicts pursuant to the conflict of interest policies. They are required to provide any changes or new disclosures should they occur. All disclosures and subsequent updates to disclosures are reviewed by the uh compliance and ethics department. Board-level and key personnel conflicts are reviewed and approved, if appropriate, by the audit and compliance committee of the uh board and/or the uh board. If a conflict exists with a director, certain restrictions may be imposed, such as excusing the director from the room during discussion and/or voting with regard to a proposed transaction. Education regarding conflicts of interest is included in the annual compliance training that includes all directors, employees, physicians and licensed practitioners.

Form 990, Part VI, Section C, Line 19

The governing documents, financial statements and conflict of interest policy for 5805 euclid, inc. Are provided upon request.

Filing and Contact Details

Filer

Filer Name
5805 Euclid Inc
EIN
81-4962989
Phone
2168441000
Address
3605 WARRENSVILLE CENTER ROAD, SHAKER HEIGHTS, OH 44122

Signing Officer

Name
Bradley Bond
Title
CFO, Uhhs
Phone
2168441000
Signed
2020-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bradley Bond
Formed
2016
Legal Domicile
Oh
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Firm
Deloitte Tax Llp
Address
250 EAST FIFTH STREET SUITE 1900, CINCINNATI, OH 45202
Preparer
Rebecca Lyons
Phone
5137847100
Raw XML AppendixShowing 400 of 437 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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IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02368006
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-2397119
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-1042718
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05420137
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IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
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IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt05805 EUCLID, INC. IS BOUND THROUGH ITS ARTICLES OF INCORPORATION AND CODE OF REGULATIONS TO CARRY OUT THE CHARITABLE AND EDUCATIONAL PURPOSES OF ITS SUPPORTED ORGANIZATION, UNIVERSITY HOSPITALS CLEVELAND MEDICAL CENTER. A MAJORITY OF THE 5805 EUCLID, INC. DIRECTORS, CURRENTLY FOUR OF SEVEN, ARE REQUIRED UNDER THE CODE OF REGULATIONS TO ALSO BE DIRECTORS OF THE SUPPORTED ORGANIZATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0FORM 990, SCHEDULE A, PART IV, SECTION C, LINE 1
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IRS990ScheduleA/OtherSupportSumAmt00
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0UNIVERSITY HOSPITALS CLEVELAND MEDICAL CENTER
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IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt016622167
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0720261
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt017342428
IRS990ScheduleD/EquipmentGrp/BookValueAmt01002070
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0147482
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01149552
IRS990ScheduleD/LandGrp/BookValueAmt01592224
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01592224
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0961651
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0133179
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01094830
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03991042
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt023481
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04014523
IRS990ScheduleD/TotalBookValueLandBuildingsAmt024169154
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt05805 EUCLID, INC. IS ORGANIZED SUCH THAT THE CURRENT DIRECTORS ARE THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS ELECT THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MEMBERS MAY DESIGNATE THOSE THAT SERVE AS CHAIRPERSON AND VICE CHAIRPERSON OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS PREPARED BY AN INDEPENDENT THIRD-PARTY PUBLIC ACCOUNTING FIRM. MANAGEMENT REVIEWS THE 990 BEFORE THE COMPLETE COPY IS MADE AVAILABLE TO THE FOUNDATION BOARD BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE SYSTEM HAS ADOPTED SIX CONFLICT OF INTEREST POLICIES THAT SET FORTH GUIDELINES RELATED TO TRANSACTIONS WITH DISQUALIFIED PERSONS (AS DEFINED IN APPLICABLE FEDERAL REGULATION). THESE POLICIES APPLY TO ALL EMPLOYEES, EMPLOYED PHYSICIANS AND OTHER LICENSED PRACTITIONERS (EXCLUDING PHYSICIAN TRAINEES), DIRECTORS, OFFICERS, AND RELATED PARTIES TO UH AND ITS WHOLLY-OWNED SUBSIDIARIES. UH REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICIES. DESIGNATED INDIVIDUALS, (E.G., UH MANAGEMENT, DIRECTORS, EMPLOYED PHYSICIANS, AND ADVANCED PRACTICE PROFESSIONALS), ARE REQUIRED TO COMPLETE AN ANNUAL DISCLOSURE AND PROVIDE INFORMATION REGARDING ANY INTERESTS THAT MAY BE POTENTIAL CONFLICTS PURSUANT TO THE CONFLICT OF INTEREST POLICIES. THEY ARE REQUIRED TO PROVIDE ANY CHANGES OR NEW DISCLOSURES SHOULD THEY OCCUR. ALL DISCLOSURES AND SUBSEQUENT UPDATES TO DISCLOSURES ARE REVIEWED BY THE UH COMPLIANCE AND ETHICS DEPARTMENT. BOARD-LEVEL AND KEY PERSONNEL CONFLICTS ARE REVIEWED AND APPROVED, IF APPROPRIATE, BY THE AUDIT AND COMPLIANCE COMMITTEE OF THE UH BOARD AND/OR THE UH BOARD. IF A CONFLICT EXISTS WITH A DIRECTOR, CERTAIN RESTRICTIONS MAY BE IMPOSED, SUCH AS EXCUSING THE DIRECTOR FROM THE ROOM DURING DISCUSSION AND/OR VOTING WITH REGARD TO A PROPOSED TRANSACTION. EDUCATION REGARDING CONFLICTS OF INTEREST IS INCLUDED IN THE ANNUAL COMPLIANCE TRAINING THAT INCLUDES ALL DIRECTORS, EMPLOYEES, PHYSICIANS AND LICENSED PRACTITIONERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY FOR 5805 EUCLID, INC. ARE PROVIDED UPON REQUEST.
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
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0UNIVERSITY HOSPITALS CLEVELAND MEDICAL CENTER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0341567805
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HOSPITAL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt011100 EUCLID AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0CLEVELAND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd044106
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
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IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsGrp/EOYAmt029259489
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01021445
IRS990/TotalFunctionalExpensesGrp/TotalAmt01021445
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt020682873
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IRS990/TotalLiabilitiesGrp/BOYAmt020682873
IRS990/TotalLiabilitiesGrp/EOYAmt030302207
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-2397119
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1042718
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01021445
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IRS990/TotalRevenueGrp/ExclusionAmt07840
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02368006
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02375846
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt018285754
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IRS990/USAddress/AddressLine1Txt03605 WARRENSVILLE CENTER ROAD
IRS990/USAddress/CityNm0SHAKER HEIGHTS
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