Civic Intelligence

Paradise Opportunities Inc

EIN 16-1442870 • 501(c)3 • Buffalo, NY

Profile

PROGRAMS FOR WOMEN.

144 Mills StreetBuffalo, NY 14212

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

82nd percentile

0.17x

Higher debt load relative to assets than 82% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

94th percentile

0.90x

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

501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

16th percentile

-43%

Higher net margin than 16% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

87th percentile

$16,923

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 19.9% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

55th percentile

0.2%

Faster asset growth than 55% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

26th percentile

-32%

Faster revenue growth than 26% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$441,396

Up $966 (+0.2%) from 2018

Liabilities

Up

$76,591

Up $37,637 (+97%) from 2018

Net Assets

Down

$364,805

Down $36,671 (-9.1%) from 2018

Revenue

Down

$84,865

Down $39,324 (-32%) from 2018

Expenses

Down

$121,536

Down $221,157 (-65%) from 2018

Net Income

Up

-$36,671

Up $181,833 (+83%) from 2018

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2010: $585,363Liabilities 2010: $91,779Net Assets 2010: $493,5842010Assets 2011: $545,248Liabilities 2011: $77,911Net Assets 2011: $467,3372011Assets 2012: $538,172Liabilities 2012: $77,732Net Assets 2012: $460,4402012Assets 2013: $646,815Liabilities 2013: $81,073Net Assets 2013: $565,7422013Assets 2014: $749,146Liabilities 2014: $101,022Net Assets 2014: $648,1242014Assets 2015: $748,502Liabilities 2015: $78,690Net Assets 2015: $669,8122015Assets 2016: $697,121Liabilities 2016: $91,736Net Assets 2016: $605,3852016Assets 2017: $633,223Liabilities 2017: $13,243Net Assets 2017: $619,9802017Assets 2018: $440,430Liabilities 2018: $38,954Net Assets 2018: $401,4762018Assets 2019: $441,396Liabilities 2019: $76,591Net Assets 2019: $364,8052019

Highlighted filing

2019

Assets$441,396
Liabilities$76,591
Net Assets$364,805

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200K-$400KRevenue 2010: $132,272Expenses 2010: $176,057Net Income 2010: -$43,7852010Revenue 2011: $183,220Expenses 2011: $209,467Net Income 2011: -$26,2472011Expenses 2012: $237,7712012Revenue 2013: $338,311Expenses 2013: $233,009Net Income 2013: $105,3022013Revenue 2014: $334,873Expenses 2014: $252,491Net Income 2014: $82,3822014Revenue 2015: $276,558Expenses 2015: $254,870Net Income 2015: $21,6882015Revenue 2016: $200,992Expenses 2016: $265,419Net Income 2016: -$64,4272016Revenue 2017: $271,688Expenses 2017: $257,093Net Income 2017: $14,5952017Revenue 2018: $124,189Expenses 2018: $342,693Net Income 2018: -$218,5042018Revenue 2019: $84,865Expenses 2019: $121,536Net Income 2019: -$36,6712019

Highlighted filing

2019

Revenue$84,865
Expenses$121,536
Net Income-$36,671

Filings

Latest Detailed Filing

The latest 2019 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2018 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$124,189
Mission and Program Overview

Mission

PROGRAMS FOR WOMEN.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$585,186$440,000▼ $145,186
Prepaid Expenses and Deferred Charges$4,596--
Cash and Non-Interest-Bearing Accounts$20,141$230▼ $19,911
Accounts Receivable$200$200→ $0
Total Assets$633,223$440,430▼ $192,793
Other Assets Total$23,100$0▼ $23,100
Liabilities
Accounts Payable and Accrued Expenses$12,958$24,736▲ $11,778
Unsecured Notes Loans Payable-$10,933-
Other Liabilities$285$3,285▲ $3,000
Total Liabilities$13,243$38,954▲ $25,711
Net Assets / Fund Balance
Unrestricted Net Assets$619,980$401,476▼ $218,504
Total Net Assets Fund Balance$619,980$401,476▼ $218,504
Total Liabilities and Net Assets / Fund Balance$633,223$440,430▼ $192,793

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$389,354$672,099$1,061,453
Buildings$44,670$60,592$105,262
Equipment$1,376$51,730$53,106
Land$4,600-$4,600
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Anne P ParisExecutive DirectorFT$22,000$22,000

Board Members and Trustees

NameTitle
Samuel J SavarinoPresident
Gary FazioVice President
Herman JohnsonDirector
Yvette BrooksDirector
Merri Gipson-hillSecretary
Fr William WebbTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$13,380
Program Service Revenue
$110,171
Investment Income
$0
Other Revenue
$638
All Other Contributions
$7,380
Change in Net Assets
$-218,504

Audited Revenue Reconciliation

Revenue per Audited Statements
$124,189
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$124,189
Total Revenue per Form 990
$124,189
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$225,365
Salaries, Compensation, and Employee Benefits$117,328
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$130,667$14,519-$145,186
Other Salaries and Wages$80,454$8,939-$89,393
Current Officers, Directors, Trustees, and Key Employees$19,800$2,200-$22,000
Occupancy$16,486$1,832-$18,318
Fees for Services Legal$7,200$800-$8,000
Insurance$6,683$743-$7,426
Other Employee Benefits$5,341$594-$5,935
Fees for Services Other$2,812$313-$3,125
Other Expenses$2,043$227-$2,270
All Other Expenses$1,060$67-$1,127
Interest$323$36-$359
Travel$62$7-$69
Total Functional Expenses$311,733$30,960$0$342,693

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$342,693
Total Expenses per Audited Statements$342,693
Total Expenses per Form 990$342,693
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$616
Fundraising Direct Expenses$0
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
Loan Payable - Related Party$3,285
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
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, Part VI, Section A, Line 8B

No committees with authority to act on behalf of the governing body.

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

Form 990 is reviewed by board of directors.

Form 990, Part VI, Section B, Line 15B

Salaries approved by board of directors.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Paradise Opportunities Inc
EIN
16-1442870
Phone
7168443315
Address
144 MILLS STREET, BUFFALO, NY 14212

Signing Officer

Name
Samuel J Savarino
Title
President
Phone
7168443315
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Samuel J Savarino
Formed
1994
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
9
Volunteers
0

Preparer

Firm
Efpr Group Cpas Pllc
Address
6390 MAIN STREET SUITE 200, WILLIAMSVILLE, NY 14221
Preparer
David a Urban CPA
Phone
7166340700
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from federal income taxes under section 501(c)(3) of the internal revenue code (the code); therefore, no provision for income taxes is reflected in the financial statements. The organization has been classified as a publicly supported organization that is not a private foundation under section 509(a) of the code. The organization presently discloses or recognizes income tax positions based on management's estimate of whether it is reasonably possible or probable that a liability has been incurred for unrecognized income taxes. Management has concluded that the organization has taken no uncertain tax positions that require adjustment in its financial statements. U.s. Forms 990 filed by the organization are subject to examination by taxing authorities.

Raw XML AppendixShowing 400 of 422 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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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0188321
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0313916
IRS990ScheduleA/TotalSupportAmt0323977
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt044670
IRS990ScheduleD/BuildingsGrp/DepreciationAmt060592
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0105262
IRS990ScheduleD/EquipmentGrp/BookValueAmt01376
IRS990ScheduleD/EquipmentGrp/DepreciationAmt051730
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt053106
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0342693
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt04600
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt04600
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0389354
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0672099
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01061453
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03285
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LOAN PAYABLE - RELATED PARTY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0124189
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE); THEREFORE, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE ORGANIZATION PRESENTLY DISCLOSES OR RECOGNIZES INCOME TAX POSITIONS BASED ON MANAGEMENT'S ESTIMATE OF WHETHER IT IS REASONABLY POSSIBLE OR PROBABLE THAT A LIABILITY HAS BEEN INCURRED FOR UNRECOGNIZED INCOME TAXES. MANAGEMENT HAS CONCLUDED THAT THE ORGANIZATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN ITS FINANCIAL STATEMENTS. U.S. FORMS 990 FILED BY THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalExpensesPerForm990Amt0342693
IRS990ScheduleD/TotalLiabilityAmt03285
IRS990ScheduleD/TotalRevenuePerForm990Amt0124189
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0124189
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0342693
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SALARIES APPROVED BY BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
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IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsEOYAmt0440430
IRS990/TotalAssetsGrp/BOYAmt0633223
IRS990/TotalAssetsGrp/EOYAmt0440430
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt013380
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt030960
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0311733
IRS990/TotalFunctionalExpensesGrp/TotalAmt0342693
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt013243
IRS990/TotalLiabilitiesEOYAmt038954
IRS990/TotalLiabilitiesGrp/BOYAmt013243
IRS990/TotalLiabilitiesGrp/EOYAmt038954
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0619980
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0401476
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0311733
IRS990/TotalProgramServiceRevenueAmt0110171
IRS990/TotalReportableCompFromOrgAmt022000
IRS990/TotalRevenueGrp/ExclusionAmt0638
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0110171
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0124189
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0633223
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0440430
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt07
IRS990/TravelGrp/ProgramServicesAmt062
IRS990/TravelGrp/TotalAmt069
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0619980
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0401476
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt010933
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0144 MILLS STREET
IRS990/USAddress/CityNm0BUFFALO
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd014212
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SAMUEL J SAVARINO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07168443315
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PARADISE OPPORTUNITIES INC
ReturnHeader/Filer/BusinessNameControlTxt0PARA
ReturnHeader/Filer/EIN0161442870
ReturnHeader/Filer/PhoneNum07168443315
ReturnHeader/Filer/USAddress/AddressLine1Txt0144 MILLS STREET
ReturnHeader/Filer/USAddress/CityNm0BUFFALO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY

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