Civic Intelligence

Patientory Foundation Ltd.

990 • Fiscal year 2019 • EIN 82-1834483

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 01, 2020

3423 Piedmont Rd NE Ste 373Atlanta, GA 30305

(347) 389-3401

Siviq Scores

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

Liabilities / Assets

95th percentile

1.21x

Higher debt load relative to assets than 95% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

83rd percentile

0.36x

Higher debt load relative to revenue than 83% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

20th percentile

-11%

Higher net margin than 20% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

5th percentile

-36%

Faster asset growth than 5% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

24th percentile

-10%

Faster revenue growth than 24% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$246,210

Down $139,230 (-36%) from 2018

Net Assets

Down

-$52,779

Down $78,397 (-306%) from 2018

Liabilities

Down

$298,989

Down $60,833 (-17%) from 2018

Revenue

Down

$829,388

Down $94,183 (-10%) from 2018

Expenses

Up

$916,766

Up $205,023 (+29%) from 2018

Net Income

Down

-$87,378

Down $299,206 (-141%) from 2018

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2017: $1,681,677Liabilities 2017: $1,208,406Net Assets 2017: $473,2712017Assets 2018: $385,440Liabilities 2018: $359,822Net Assets 2018: $25,6182018Assets 2019: $246,210Liabilities 2019: $298,989Net Assets 2019: -$52,7792019Assets 2020: $23,845Liabilities 2020: $254,585Net Assets 2020: -$230,7402020Assets 2021: $12,437Liabilities 2021: $254,585Net Assets 2021: -$242,1482021Assets 2022: $19,805Liabilities 2022: $263,585Net Assets 2022: -$243,7802022Assets 2023: $9,838Liabilities 2023: $258,185Net Assets 2023: -$248,3472023

Highlighted filing

2019

Assets$246,210
Liabilities$298,989
Net Assets-$52,779

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2017: $3,000,340Expenses 2017: $1,001,984Net Income 2017: $1,998,3562017Revenue 2018: $923,571Expenses 2018: $711,743Net Income 2018: $211,8282018Revenue 2019: $829,388Expenses 2019: $916,766Net Income 2019: -$87,3782019Revenue 2020: $126,740Expenses 2020: $303,509Net Income 2020: -$176,7692020Revenue 2021: $200,000Expenses 2021: $210,180Net Income 2021: -$10,1802021Revenue 2022: $4Expenses 2022: $19Net Income 2022: -$152022Revenue 2023: $23Expenses 2023: $3,595Net Income 2023: -$3,5722023

Highlighted filing

2019

Revenue$829,388
Expenses$916,766
Net Income-$87,378
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 1, 2020
Return Version
2019v5.0
Gross Receipts
$829,388
Mission and Program Overview

Mission

The organization is a nonprofit corporation organized under the provisions of the georgia nonprofit corporation code. It is dedicated to advancing equity in health care coverage, decreased costs, access and quality for the population through the adoption of technology. It is organized, and shall at all times operate, exclusively for public charitable purposes within the meaning of section 501(c)(3) of the internal revenue code of 1986, as amended. All terms and provisions of the articles of incorporation and the bylaws of the corporation, and all authority and operations of the organization, shall be construed, applied and carried out in accordance with such intent.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$379,631$235,372▼ $144,259
Land, Buildings, and Equipment, Net$1,753$10,734▲ $8,981
Cash and Non-Interest-Bearing Accounts$4,056$104▼ $3,952
Total Assets$385,440$246,210▼ $139,230
Liabilities
Other Liabilities$352,999$284,580▼ $68,419
Accounts Payable and Accrued Expenses$6,823$14,409▲ $7,586
Total Liabilities$359,822$298,989▼ $60,833
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$25,618$-52,779▼ $78,397
Total Net Assets Fund Balance$25,618$-52,779▼ $78,397
Total Liabilities and Net Assets / Fund Balance$385,440$246,210▼ $139,230

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$10,734$1,200$11,934
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$823,116
Program Service Revenue
$0
Investment Income
$6,272
Other Revenue
$0
All Other Contributions
$823,116
Change in Net Assets
$-87,378
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$718,538
Other Expenses$198,228
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$718,538--$718,538
Travel$38,869$37,297-$76,166
Fees for Services Legal-$26,391-$26,391
Office Expenses-$12,517-$12,517
Advertising$9,969$1,314-$11,283
Depreciation Depletion$9,950--$9,950
Insurance-$8,768-$8,768
Occupancy-$5,746-$5,746
All Other Expenses$1,261$3,986-$5,247
Fees for Services Accounting-$4,607-$4,607
Information Technology$3,515--$3,515
Other Expenses$8,334$2,793-$2,793
Conferences and Meetings$150--$150
Total Functional Expenses$790,586$126,180$0$916,766
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Patientory IncAtlanta, GA501c6To Build Out Technol$698,138
The Patientory AssociationCastro Valley, CA-To Advance the Adopt$20,400
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Stifung Liability$284,580
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Members of the governing body will review form 990 before it is filed.

Form 990, Page 6, Part VI, Line 12C

To ensure the organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax- exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects: a.whether compensation arrangements and benefits are reasonable, based on competent survey information and the result of arm's length bargaining. B.whether partnerships, joint ventures, and arrangements with management organizations conform to the organization's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction.

Form 990, Page 6, Part VI, Line 15A

The chairperson, president, vice president, secretary and treasurer and all other elected officers of the organization shall serve without compensation, except for any other officer that is hired employee of the organization.

Form 990, Page 6, Part VI, Line 15B

The chairperson, president, vice president, secretary and treasurer and all other elected officers of the organization shall serve without compensation, except for any other officer that is hired employee of the organization.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
The Patientory Foundation Ltd
EIN
82-1834483
Phone
3473893401
Address
3423 PIEDMONT RD NE STE 373, ATLANTA, GA 30305

Signing Officer

Name
Chrissa Mcfarlane
Title
President
Phone
3473893401
Signed
2020-07-01

Organization Details

Principal Officer
Chrissa Mcfarlane
Formed
2017
Legal Domicile
Ga
Voting Board Members
3
Independent Board Members
0
Employees
0

Preparer

Firm
Super Financial Group LLC
Address
1835 SAVOY DRIVE STE 202, ATLANTA, GA 30341-1030
Preparer
Zheng Lin
Phone
6787722318
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The organization is a nonprofit corporation organized under the provisions of the georgia nonprofit corporation code. It is dedicated to advancing equity in health care coverage, decreased costs, access and quality for the population through the adoption of technology. It is organized, and shall at all times operate, exclusively for public charitable purposes within the meaning of section 501(c)(3) of the internal revenue code of 1986, as amended. All terms and provisions of the articles of incorporation and the bylaws of the corporation, and all authority and operations of the organization, shall be construed, applied and carried out in accordance with such intent.

Form 990, Page 2, Part III, Line 4D

Grants made to patientory, inc.

Form 990, Part XI, Line 9

Book / tax depreciation difference 8,981

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A NONPROFIT CORPORATION ORGANIZED UNDER THE PROVISIONS OF THE GEORGIA NONPROFIT CORPORATION CODE. IT IS DEDICATED TO ADVANCING EQUITY IN HEALTH CARE COVERAGE, DECREASED COSTS, ACCESS AND QUALITY FOR THE POPULATION THROUGH THE ADOPTION OF TECHNOLOGY. IT IS ORGANIZED, AND SHALL AT ALL TIMES OPERATE, EXCLUSIVELY FOR PUBLIC CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. ALL TERMS AND PROVISIONS OF THE ARTICLES OF INCORPORATION AND THE BYLAWS OF THE CORPORATION, AND ALL AUTHORITY AND OPERATIONS OF THE ORGANIZATION, SHALL BE CONSTRUED, APPLIED AND CARRIED OUT IN ACCORDANCE WITH SUCH INTENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GRANTS MADE TO PATIENTORY, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS OF THE GOVERNING BODY WILL REVIEW FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO ENSURE THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX- EXEMPT STATUS, PERIODIC REVIEWS SHALL BE CONDUCTED. THE PERIODIC REVIEWS SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING SUBJECTS: A.WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION AND THE RESULT OF ARM'S LENGTH BARGAINING. B.WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE ORGANIZATION'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CHAIRPERSON, PRESIDENT, VICE PRESIDENT, SECRETARY AND TREASURER AND ALL OTHER ELECTED OFFICERS OF THE ORGANIZATION SHALL SERVE WITHOUT COMPENSATION, EXCEPT FOR ANY OTHER OFFICER THAT IS HIRED EMPLOYEE OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE CHAIRPERSON, PRESIDENT, VICE PRESIDENT, SECRETARY AND TREASURER AND ALL OTHER ELECTED OFFICERS OF THE ORGANIZATION SHALL SERVE WITHOUT COMPENSATION, EXCEPT FOR ANY OTHER OFFICER THAT IS HIRED EMPLOYEE OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7BOOK / TAX DEPRECIATION DIFFERENCE 8,981
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0SERVICE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0PATIENTORY INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt03423 PIEDMONT RD NE STE 373
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IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt120400
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0PATIENTORY INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1THE PATIENTORY ASSOCIATION
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IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1B
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
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IRS990/StatesWhereCopyOfReturnIsFldCd0GA
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IRS990/TotalAssetsEOYAmt0246210
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IRS990/TotalAssetsGrp/EOYAmt0246210
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0823116
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0790586
IRS990/TotalFunctionalExpensesGrp/TotalAmt0916766
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0359822
IRS990/TotalLiabilitiesEOYAmt0298989
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IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt025618
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-52779
IRS990/TotalOtherProgSrvcExpenseAmt0790586
IRS990/TotalOtherProgSrvcGrantAmt0718538
IRS990/TotalProgramServiceExpensesAmt0790586
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06272
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0829388
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0385440
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0246210
IRS990/TravelGrp/ManagementAndGeneralAmt037297
IRS990/TravelGrp/ProgramServicesAmt038869
IRS990/TravelGrp/TotalAmt076166
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0716 OAKVIEW TRAIL
IRS990/USAddress/CityNm0STONE MOUNTAIN
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd030087
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRISSA MCFARLANE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03473893401
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE PATIENTORY FOUNDATION LTD
ReturnHeader/Filer/BusinessNameControlTxt0PATI
ReturnHeader/Filer/EIN0821834483
ReturnHeader/Filer/PhoneNum03473893401
ReturnHeader/Filer/USAddress/AddressLine1Txt03423 PIEDMONT RD NE STE 373
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ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0899FD22BE5B07A3B4C5558E4E79C382E88CB51A0
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0899FD22BE5B07A3B4C5558E4E79C382E88CB51A0
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.125.84.56
ReturnHeader/FilingSecurityInformation/IPDt02020-07-02
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm012:14:29
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0471959425
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SUPER FINANCIAL GROUP LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01835 SAVOY DRIVE STE 202
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ATLANTA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0303411030
ReturnHeader/PreparerPersonGrp/PhoneNum06787722318
ReturnHeader/PreparerPersonGrp/PreparationDt02020-07-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ZHENG LIN
ReturnHeader/ReturnTs02020-07-02T12:14:29-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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