Community Econsult Network INC FY2023 filing

Tax-deductible

Middletown, CT501(c)(3)Since 2015Health CareEIN 81-0690892Revenue $3.8M in FY2023

On file with the IRSchc1.com19 Grand St, 06457-2705 · Middletown, CTTax-exempt since Feb 2016Publicly supported — 509(a)(2)

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Cecn's tax exempt purposes are improving efficacy and quality of healthcare provided to underserved and rural populations, and increasing and enabling access to medical specialists to those populations. Cecn uses the Econsult platform which is an electronic web-based, hippa compliant communications platform for clinical consultations. The Econsult activity directly furthers these purposes by providing a platform by which medically underserved individuals in need of specialty healthcare obtain access to the needed specialty healthcare directly through their primary care providers. In many cases, due to financial hardships, the lack of insurance, geographic restrictions or the absence of transportation, medically underserved patients DO not have access to needed specialty care providers.

501(c)(3) charity; gifts are tax-deductible.
53¢ of each $1 spent went to programs.
$285K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $649K a year · 22% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
53%
of spending
Worth a look: 53% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$285K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 6.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $463K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$8.5M
211% of total assets
Concern: liabilities are 211% of assets; over 80%.
Pt X · Ln 26
Independent board members
2
of 5 voting members
Worth a look: 2 of 5 voting members are independent, under half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.8M
+31% vs prior year
Spent
$4.2M
To programs
53%
Net assets
−$4.5M
By yearFY2020–FY2024
Revenue
$3.8M
FY2023▲ +31%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.7M
FY2021$1.3M
FY2022$2.9M
FY2023$3.8M
FY2024$4.7M
FY2024$4.7M
Expenses
$4.2M
FY2023▲ +16%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.0M
FY2021$2.1M
FY2022$3.7M
FY2023$4.2M
FY2024$5.7M
FY2024$4.6M
Net assets
−$4.5M
FY2023▼ -10%
Tap a bar for its year
Net assets by fiscal year
FY2020−$2.6M
FY2021−$3.3M
FY2022−$4.1M
FY2023−$4.5M
FY2024−$5.5M
FY2024−$5.4M

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2016.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

53 cents of each dollar spent went to programs.

Program services 53% · $2.2M Management & general 47% · $2.0M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990; $285K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Nat Healthcare Acct Mgr
$156,494Pt VII · Sec A
Head of Client Strategy
$128,214Pt VII · Sec A
Treasurer (from 05/2023)
$0Pt VII · Sec A
Treasurer (to 05/2023)
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Maryann McGuire’s $180K as Chief Strategy Officer is at the 65th percentile of top reported officer pay among 3128 $1–10M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 7 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Maryann McGuire$179,802$176,236$156,494$146,244$149,774$105,123
Rachael Dobbs$158,048$152,795————
Michael Malchiodi$146,965$137,122————
Agi Erickson$146,401$146,401————
Michelle Chapman$129,872$129,872$128,214———
Michell Chapman———$123,938$124,175$116,353
Maryann Souza$111,766$106,097————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Community Econsult Network INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Connects rural and underserved patients with specialists through primary care providers.

Provided by the organization

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1 program · $2.2M · in their own filed words · FY2022
01

To improve the efficiency and quality of healthcare by providing a platform to primary care providers for communicating timely and directly with high quality specialty care providers on behalf of underserved and rural populations.

$2.2Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$463K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$3.8M
Ln 12
Fees for servicesLn 2g$2.5M
Gifts and grantsLn 1h$1.4M
Money outPt IX
$4.2M
Ln 25
Programscol B$2.2M
Managementcol C$2.0M
Owns and owesPt X
−$4.5M
net assets · Ln 32
Cash and savingsLn 1–2$2.2M
Total assetsLn 16$4.0M
LiabilitiesLn 26$8.5M
PeoplePt VI, VII
8
listed · VII A
PaidVII A2
Voting boardVI 1a5
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.4M
Government grantsLn 1e$1.3M
Fees for servicesLn 2g$2.5M
Total revenueLn 12$3.8M
Assets in detailPt X, end of year
CashLn 1$2.2M
Cash and savings togetherLn 1–2$2.2M
Land, buildings, equipmentLn 10c$6K
Total assetsLn 16$4.0M
LiabilitiesLn 26$8.5M
Net assetsLn 32−$4.5M
OperationsPt I, VI
EmployeesI 521
VolunteersI 63
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$681K$2.2M
Land, buildings, equipmentLn 10c$7K$6K
Total assetsLn 16$2.0M$4.0M
LiabilitiesLn 26$6.1M$8.5M
Net assetsLn 32−$4.1M−$4.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$2.1M$1.0M$1.0M
Pension plan contributionsLn 8$108K$54K$54K
Other employee benefitsLn 9$223K$111K$111K
Payroll taxesLn 10$128K$64K$64K
Legal feesLn 11b$68K$68K
Accounting feesLn 11c$49K$49K
Other fees for servicesLn 11g$1.3M$965K$342K
Advertising and promotionLn 12$80K$80K
Office expensesLn 13$46K$46K
Information technologyLn 14$1K$1K
OccupancyLn 16$8K$8K
TravelLn 17$56K$56K
Conferences, conventions and meetingsLn 19$39K$39K
Depreciation, depletion and amortizationLn 22$997$997
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24$61K$22K$39K
All other expensesLn 24e$5K$5K
Total functional expensesLn 25$4.2M$2.2M$2.0M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $4.7M$5.7M−$1.0M−$5.5M 990 PDF
FY2023 Viewing $3.8M$4.2M−$422K−$4.5M 990 PDF
FY2022 $2.9M$3.7M−$743K−$4.1M 990 PDF
FY2021 $1.3M$2.1M−$758K−$3.3M 990 PDF
FY2020 $1.7M$2.0M−$311K−$2.6M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $3,821,445 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $632,125$1,358,027
I-9 Program service revenuePrior year $2,288,634$2,463,418
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $2,920,759$3,821,445
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,717,462$2,518,211
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,946,114$1,725,551
I-18 Total expensesPrior year $3,663,576$4,243,762
I-19 Revenue less expensesPrior year −$742,817−$422,317
Part VI · Governance 2 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members2
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,821,445 across 5 lines filed
VIII-1d Related organizations$10,000
VIII-1e Government grants$1,348,027
VIII-1h Total contributions, gifts and grants$1,358,027
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,463,418$2,463,418
VIII-12 Total revenueRelated to mission $2,463,418 · Unrelated business $0 · Excluded from tax $0$3,821,445
Part IX · Statement of functional expenses $4,243,762 across 17 lines filed
IX-7 Other salaries and wagesPrograms $1,029,592 · Management $1,029,592$2,059,184
IX-8 Pension plan contributionsPrograms $53,797 · Management $53,797$107,594
IX-9 Other employee benefitsPrograms $111,488 · Management $111,487$222,975
IX-10 Payroll taxesPrograms $64,229 · Management $64,229$128,458
IX-11b Legal feesManagement $67,964$67,964
IX-11c Accounting feesManagement $48,722$48,722
IX-11g Other fees for servicesPrograms $964,916 · Management $342,468$1,307,384
IX-12 Advertising and promotionManagement $79,544$79,544
IX-13 Office expensesManagement $46,037$46,037
IX-14 Information technologyManagement $1,381$1,381
IX-16 OccupancyManagement $7,626$7,626
IX-17 TravelManagement $55,629$55,629
IX-19 Conferences, conventions and meetingsManagement $38,795$38,795
IX-22 Depreciation, depletion and amortizationManagement $997$997
IX-23 InsuranceManagement $5,486$5,486
IX-24 Other expenses (24a–d)Programs $22,272 · Management $38,568$60,840
IX-24e All other expensesManagement $5,146$5,146
IX-25 Total functional expensesPrograms $2,246,294 · Management $1,997,468 · Fundraising $0$4,243,762
Part X · Balance sheet $4,045,311 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $681,020$2,215,708
X-4 Accounts receivableStart of year $1,343,592$1,432,179
X-9 Prepaid expenses and deferred chargesStart of year $12,506$391,682
X-10c Land, buildings and equipment, netStart of year $6,739$5,742
X-16 Total assetsStart of year $2,043,857$4,045,311
X-17 Accounts payable and accrued expensesStart of year $400,455$656,235
X-19 Deferred revenueStart of year $768,880$803,810
X-25 Other liabilitiesStart of year $4,935,517$7,068,578
X-26 Total liabilitiesStart of year $6,104,852$8,528,623
X-27 Net assets without donor restrictionsStart of year −$4,060,995−$4,483,312
X-32 Total net assets or fund balancesStart of year −$4,060,995−$4,483,312
X-33 Total liabilities and net assetsStart of year $2,043,857$4,045,311
Part XI · Reconciliation of net assets −$4,483,312 net assets at year end
XI-1 Total revenue$3,821,445
XI-2 Total expenses$4,243,762
XI-3 Revenue less expenses−$422,317
XI-4 Net assets at start of year−$4,060,995
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$4,483,312

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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