Civic Intelligence

Cfs Self-Directed Supports Inc.

990 • Fiscal year 2020 • EIN 82-5520438

Jul 01, 2019 to Jun 30, 2020 • Filed on Apr 14, 2021

333 Seventh Avenue FL 9New York, NY 10001

(212) 629-7939

Siviq Scores

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

Liabilities / Assets

94th percentile

1.00x

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

2020 filings • NTEE P20 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

88th percentile

1.02x

Higher debt load relative to revenue than 88% of similar nonprofits.

2020 filings • NTEE P20 • $1M-$5M nonprofits • Source year 2020

Net Margin

28th percentile

0.0%

Higher net margin than 28% of similar nonprofits.

2020 filings • NTEE P20 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

99th percentile

$330,149

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 23.2% of source-year revenue.

2020 filings • NTEE P20 • $1M-$5M nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Assets

$1,454,763

No earlier filing loaded for comparison.

Net Assets

-$1,349

No earlier filing loaded for comparison.

Liabilities

$1,456,112

No earlier filing loaded for comparison.

Revenue

$1,423,370

No earlier filing loaded for comparison.

Expenses

$1,423,370

No earlier filing loaded for comparison.

Net Income

$0

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2020: $1,454,763Liabilities 2020: $1,456,112Net Assets 2020: -$1,3492020Assets 2021: $2,120,716Liabilities 2021: $2,122,065Net Assets 2021: -$1,3492021Assets 2022: $2,767,329Liabilities 2022: $2,767,329Net Assets 2022: $02022Assets 2023: $3,312,958Liabilities 2023: $3,312,958Net Assets 2023: $02023Assets 2024: $5,379,925Liabilities 2024: $5,379,925Net Assets 2024: $02024

Highlighted filing

2020

Assets$1,454,763
Liabilities$1,456,112
Net Assets-$1,349

Operations Trend

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

$30M$20M$10M$0Revenue 2020: $1,423,370Expenses 2020: $1,423,370Net Income 2020: $02020Revenue 2021: $6,745,447Expenses 2021: $6,745,447Net Income 2021: $02021Revenue 2022: $14,659,181Expenses 2022: $14,657,832Net Income 2022: $1,3492022Revenue 2023: $21,481,683Expenses 2023: $21,481,683Net Income 2023: $02023Revenue 2024: $27,263,157Expenses 2024: $27,161,857Net Income 2024: $101,3002024

Highlighted filing

2020

Revenue$1,423,370
Expenses$1,423,370
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Apr 14, 2021
Return Version
2019v5.1
Gross Receipts
$1,423,370
Mission and Program Overview

Mission

To provide self-direction and fiscal intermediary services for individuals with intellectual and developmental disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$0$1,418,348▲ $1,418,348
Prepaid Expenses and Deferred Charges$10,800$21,184▲ $10,384
Cash and Non-Interest-Bearing Accounts$10,000$15,231▲ $5,231
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$20,800$1,454,763▲ $1,433,963
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$22,149$1,235,905▲ $1,213,756
Accounts Payable and Accrued Expenses$0$220,207▲ $220,207
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$22,149$1,456,112▲ $1,433,963
Net Assets / Fund Balance
Net Assets With Donor Restrictions$0$0→ $0
Net Assets Without Donor Restrictions$-1,349$-1,349→ $0
Total Net Assets Fund Balance$-1,349$-1,349→ $0
Total Liabilities and Net Assets / Fund Balance$20,800$1,454,763▲ $1,433,963
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jose Martin Jara Esqpresident
Elise Geltizervice president
Joanna Goyettevice president
Amy BittingerDirector
Christian VillenasDirector
Colin Heath FRMDirector
Helen L YeardleyDirector
Norman Greene EsqDirector
Pavan BathiDirector
Tanya HerriottDirector
Steven VernikoffChief Executive Officer
Ken D SempleChief Financial Officer
Barbara J GreenwaldChief Operating Officer
Justin Robertssecretary
Barry Brovertreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,423,370
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$0

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,423,370
Total Revenue per Audited Statements
$1,423,370
Total Revenue per Form 990
$1,423,370
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$889,559
Other Expenses$533,811
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$746,399--$746,399
Fees for Services Management-$163,055-$163,055
Fees for Services Other$91,935--$91,935
Payroll Taxes$64,712--$64,712
Other Employee Benefits$42,501--$42,501
Pension Plan Contributions$35,947--$35,947
Travel$14,871--$14,871
Other Expenses$7,000-$0$7,000
Occupancy$5,189--$5,189
All Other Expenses$3,717--$3,717
Fees for Services Accounting$3,389--$3,389
Information Technology$163--$163
Conferences and Meetings$100--$100
Insurance$1--$1
Total Functional Expenses$1,260,315$163,055$0$1,423,370

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,423,370
Total Expenses per Audited Statements$1,423,370
Total Expenses per Form 990$1,423,370
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$1,235,905
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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:

The sole member of the organization is the center for family support, inc., a related 501(c)(3) organization.

FORM 990, PART VI, SECTION A, LINE 7A:

As the sole member of the organization, the center for family support, inc. Has the right to elect the members of the organization's board of directors.

FORM 990, PART VI, SECTION A, LINE 7B:

Certain governance decisions require member approval.

FORM 990, PART VI, SECTION B, LINE 11B:

A COPY OF THE 990 IS REVIEWED AND APPROVED BY THE chief financial officer AND DIRECTOR OF FINANCE AND THEN PROVIDED TO THE AUDIT AND FINANCE COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. AFTER APPROVAL, A COPY IS PROVIDED TO THE BOARD OF DIRECTORS FOR COMMENT AND REVIEW PRIOR TO ITS FILING.

FORM 990, PART VI, SECTION B, LINE 12C:

Annual review of policy with board members, executive personnel, managers, employees, and independent contractors. All employees complete conflict of interest disclosure statements at time of hire and annually thereafter. They are reviewed by the human resources department and conflicts are disclosed to the compliance officer.

FORM 990, PART VI, SECTION B, LINES 15A AND 15B:

The organization does not compensate any officers or key employees.

FORM 990, PART VI, SECTION C, LINE 19:

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Cfs Self-directed Supports Inc
EIN
82-5520438
In Care Of
% CHRIS ZUNIGA
Phone
2126297939
Address
333 SEVENTH AVENUE FL 9, NEW YORK, NY 10001

Signing Officer

Name
Steven Vernikoff
Title
CEO
Phone
2126297939
Signed
2021-04-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steven Vernikoff
Formed
2018
Legal Domicile
Ny
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
12

Preparer

Firm
Bdo USA Llp
Address
100 PARK AVENUE, NEW YORK, NY 10017-5001
Preparer
Paul Hammerschmidt
Phone
2128858000
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Cfs self-directed supports inc. Is subject to the provisions of fasb's asc 740, "income taxes," as it relates to accounting and reporting for uncertainty in income taxes. For the reporting organization, these provisions could be applicable to the incurrence of unrelated business income tax (ubit), attributable to the disallowed transportation fringe benefits. Nonetheless because of the reporting organization's general tax-exempt status, management believes asc 740 has not had, and is not anticipated to have, a material impact on the reporting organization's consolidated financial statements. For the year ended june 30, 2020, there was no interest or penalties recorded or included in the consolidated statement of activities.

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IRS990/GrantsToIndividualsInd0false
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IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01423370
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IRS990/IncludeFIN48FootnoteInd0true
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IRS990/InformationTechnologyGrp/ProgramServicesAmt0163
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IRS990/InsuranceGrp/ProgramServicesAmt01
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IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
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IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To provide Self-Direction and fiscal intermediary services for individuals with intellectual and developmental disabilities.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
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IRS990/NetAssetsOrFundBalancesBOYAmt0-1349
IRS990/NetAssetsOrFundBalancesEOYAmt0-1349
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1349
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt05189
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IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt042501
IRS990/OtherEmployeeBenefitsGrp/TotalAmt042501
IRS990/OtherExpensesGrp/Desc0PARTICIPANT INCIDENTALS
IRS990/OtherExpensesGrp/Desc1HOUSING SUBSIDY
IRS990/OtherExpensesGrp/Desc2FAMILY REIMBURSEMENT
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt0123708
IRS990/OtherExpensesGrp/ProgramServicesAmt193891
IRS990/OtherExpensesGrp/ProgramServicesAmt226792
IRS990/OtherExpensesGrp/ProgramServicesAmt37000
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IRS990/OtherExpensesGrp/TotalAmt193891
IRS990/OtherExpensesGrp/TotalAmt226792
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IRS990/OtherLiabilitiesGrp/BOYAmt022149
IRS990/OtherLiabilitiesGrp/EOYAmt01235905
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IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
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IRS990/PartialLiquidationInd0false
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IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt064712
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IRS990/PensionPlanContributionsGrp/ProgramServicesAmt035947
IRS990/PensionPlanContributionsGrp/TotalAmt035947
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IRS990/PoliticalCampaignActyInd0false
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt021184
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01423370
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
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IRS990/PYGrantsAndSimilarPaidAmt00
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IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
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IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
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IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01423370
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt00
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IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01423370
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt00

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