Civic Intelligence

Wyckoff Imaging Services PC C/O Wyckoff Heights Medical Center

990 • Fiscal year 2014 • EIN 86-1061721

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 15, 2015

374 Stockholm StreetBrooklyn, NY 11237

(718) 963-6702

Siviq Scores

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

Liabilities / Assets

100th percentile

12.74x

Higher debt load relative to assets than 100% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

78th percentile

0.57x

Higher debt load relative to revenue than 78% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

13th percentile

-22%

Higher net margin than 13% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

98th percentile

$492,859

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 15.5% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

1st percentile

-56%

Faster asset growth than 1% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

16th percentile

-16%

Faster revenue growth than 16% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Down

$141,742

Down $178,838 (-56%) from 2013

Net Assets

Down

-$1,664,329

Down $688,347 (-71%) from 2013

Liabilities

Up

$1,806,071

Up $509,509 (+39%) from 2013

Revenue

Down

$3,186,746

Down $590,349 (-16%) from 2013

Expenses

Down

$3,875,093

Down $59,994 (-1.5%) from 2013

Net Income

Down

-$688,347

Down $530,355 (-336%) from 2013

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MAssets 2010: $56,687Liabilities 2010: $236,669Net Assets 2010: -$179,9822010Assets 2011: $102,646Liabilities 2011: $422,102Net Assets 2011: -$319,4562011Assets 2012: $80,143Liabilities 2012: $897,726Net Assets 2012: -$817,5832012Assets 2013: $320,580Liabilities 2013: $1,296,562Net Assets 2013: -$975,9822013Assets 2014: $141,742Liabilities 2014: $1,806,071Net Assets 2014: -$1,664,3292014Assets 2015: $198,611Liabilities 2015: $2,134,502Net Assets 2015: -$1,935,8912015Assets 2016: $167,776Liabilities 2016: $2,307,307Net Assets 2016: -$2,139,5312016Assets 2017: $156,577Liabilities 2017: $1,239,420Net Assets 2017: -$1,082,8432017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2014

Assets$141,742
Liabilities$1,806,071
Net Assets-$1,664,329

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $4,098,4912010Expenses 2011: $4,162,4762011Expenses 2012: $4,038,9352012Revenue 2013: $3,777,095Expenses 2013: $3,935,087Net Income 2013: -$157,9922013Revenue 2014: $3,186,746Expenses 2014: $3,875,093Net Income 2014: -$688,3472014Revenue 2015: $3,498,163Expenses 2015: $3,769,725Net Income 2015: -$271,5622015Revenue 2016: $2,891,656Expenses 2016: $3,095,296Net Income 2016: -$203,6402016Revenue 2017: $1,659,090Expenses 2017: $602,402Net Income 2017: $1,056,6882017Revenue 2018: $4,531Expenses 2018: $137Net Income 2018: $4,3942018

Highlighted filing

2014

Revenue$3,186,746
Expenses$3,875,093
Net Income-$688,347
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 15, 2015
Return Version
2014v5.0
Gross Receipts
$3,186,746
Mission and Program Overview

Mission

To support wyckoff heights medical center's mission of providing excellence in care through prevention, education, and treatment in a safe environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$117,945$60,398▼ $57,547
Cap Stk Tr Prin Current Funds$10$10→ $0
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$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--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-975,992$-1,664,339▼ $688,347
Total Assets$320,580$141,742▼ $178,838
Other Assets Total$202,635$81,344▼ $121,291
Liabilities
Other Liabilities$1,293,993$1,806,071▲ $512,078
Accounts Payable and Accrued Expenses$2,569$0▼ $2,569
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$1,296,562$1,806,071▲ $509,509
Net Assets / Fund Balance
Total Net Assets Fund Balance$-975,982$-1,664,329▼ $688,347
Total Liabilities and Net Assets / Fund Balance$320,580$141,742▼ $178,838

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$81,344--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mohsen Samii MdPresidentFT$489,171$3,688$492,859
Jeffrey G Fischbein MdPhysicianFT$446,554$1,806$448,360
Betsy Jacobs MdPhysicianFT$358,261$759$359,020
Hossein Firooznia MdPhysicianFT$345,420$519$345,939
Salomon Blutreich MdPhysicianFT$324,434$240$324,674
Clyde J Gregoire MdPhysicianFT$299,870$1,780$301,650

Highest Paid Contractors

ContractorServicesLocationCompensation
Medical Liability Mutual InsuranceMalpractice Insur.TWO PARK AVENUE, New York, NY 10016$309,853
Allegiance Billing Consulting LLCBilling Services333 JERICHO TURNPIKE STE 102, Jericho, NY 11753$260,000
Vrp Of Ny PaRadiology Service5 East 22nd Street, New York, NY 10010$161,963
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,198,746
Investment Income
$0
Other Revenue
$988,000
Change in Net Assets
$-688,347
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,963,339
Other Expenses$911,754
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,328,128--$2,328,128
Current Officers, Directors, Trustees, and Key Employees$492,859-$0$492,859
Insurance$304,491--$304,491
Fees for Services Other$198,243--$198,243
Other Expenses$8,913$130,777-$130,777
Payroll Taxes$107,503--$107,503
Other Employee Benefits$34,849--$34,849
Fees for Services Accounting-$7,645-$7,645
Conferences and Meetings$1,410--$1,410
Office Expenses-$25-$25
Total Functional Expenses$3,476,396$398,697$0$3,875,093
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
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 Affiliates$1,806,071
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 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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6

Dr. Mohsen samii is the nominee shareholder.

Form 990, Part VI, Line 11B

A copy of form 990 was provided to the president, dr. Mohsen samii, and has been approved before it was filed.

Form 990, Part VI, Line 12C

Wyckoff imaging services, pc is 100% controlled by wyckoff heights medical center and it follows wyckoff heights medical center's conflict of interest policy. The medical center monitors and enforces its policy as follows: general counsel reviews all annual conflict of interest questionnaires. Positive responses are reviewed and additional information is gathered to determine if a conflict exists. If a conflict exists, appropriate action is taken to eliminate the conflict, including such steps as reassignment of responsibilities or establishment of protective agreements. If a matter involves a board member or officer, appropriate action, including recusal and additional disclosures, will be determined by the board.

Form 990, Part VI, Line 15A

Wyckoff imaging services, pc is 100% controlled by wyckoff heights medical center and it follows wyckoff heights medical center's policy in determining compensation of the president.

Form 990, Part VI, Line 19

Upon request, the organization will make available only those documents required to be disclosed under the public inspection laws.

Filing and Contact Details

Filer

Filer Name
Wyckoff Imaging Services PC
EIN
86-1061721
In Care Of
% FRANK VUTRANO
Phone
7189636702
Address
374 Stockholm Street, Brooklyn, NY 11237

Signing Officer

Name
Jeffrey G Fischbein Md
Title
President
Phone
7189636702
Signed
2015-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeffrey G Fischbein
Formed
2003
Legal Domicile
Ny
Voting Board Members
1
Independent Board Members
0
Employees
9
Volunteers
0

Preparer

Firm
Charles A Barragato & Co LLP
Address
950 Third Avenue - 20th FL, New York, NY 10022
Preparer
Angelo Pirozzi CPA
Phone
2123714446
Supplemental Narrative

Financial Statement Notes

Part X - Fasb Asc 740 Footnote

The organization does not believe there are any material uncertain tax positions, and, accordingly, it will not recognize any liability for unrecognized tax benefits. The organization has filed for and received income tax exemptions in the jurisdictions where required.

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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/OtherExpensesGrp/Desc1DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2PENSION PLAN ADMINISTRATOR
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0260000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1250
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2130777
IRS990/OtherExpensesGrp/ProgramServicesAmt08913
IRS990/OtherExpensesGrp/TotalAmt0260000
IRS990/OtherExpensesGrp/TotalAmt18913
IRS990/OtherExpensesGrp/TotalAmt2250
IRS990/OtherExpensesGrp/TotalAmt3130777
IRS990/OtherLiabilitiesGrp/BOYAmt01293993
IRS990/OtherLiabilitiesGrp/EOYAmt01806071
IRS990/OtherRevenueMiscGrp/BusinessCd0561000
IRS990/OtherRevenueMiscGrp/Desc0HOSPITAL GUARANTEE REVENUE
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0988000
IRS990/OtherRevenueTotalAmt0988000
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02328128
IRS990/OtherSalariesAndWagesGrp/TotalAmt02328128
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IRS990/PYInvestmentIncomeAmt00
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IRS990/PYOtherRevenueAmt01725000
IRS990/PYProgramServiceRevenueAmt02052095
IRS990/PYRevenuesLessExpensesAmt0-157992
IRS990/PYSalariesCompEmpBnftPaidAmt02931080
IRS990/PYTotalExpensesAmt03935087
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03777095
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IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-688347
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
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IRS990/RentalIncomeOrLossGrp/RealAmt00
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IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03186746
IRS990/RoyaltiesGrp/TotalAmt00
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-975992
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-1664339
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
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IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/SupportedOrganizationsCnt01
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0WYCKOFF HEIGHTS MEDICAL CENTER
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01806071
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The organization does not believe there are any material uncertain tax positions, and, accordingly, it will not recognize any liability for unrecognized tax benefits. The organization has filed for and received income tax exemptions in the jurisdictions where required.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X - FASB ASC 740 FOOTNOTE
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2345420
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3299870
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount50
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt40
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt40

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