Civic Intelligence

Verisimo Opera Inc

990EZ • Fiscal year 2017 • EIN 22-3190959

Jan 01, 2017 to Dec 31, 2017 • Filed on Mar 30, 2018

1248 Palisades AvenueFort Lee, NJ 07024

(917) 291-2721

Siviq Scores

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

Liabilities / Assets

54th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

54th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

28th percentile

-6.6%

Higher net margin than 28% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

30th percentile

-8.7%

Faster asset growth than 30% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

26th percentile

-17%

Faster revenue growth than 26% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$83,407

Down $7,932 (-8.7%) from 2016

Net Assets

Down

$83,407

Down $7,932 (-8.7%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$120,902

Down $24,038 (-17%) from 2016

Expenses

Down

$128,834

Down $14,727 (-10%) from 2016

Net Income

Down

-$7,932

Down $9,311 (-675%) from 2016

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2011: $2,327Liabilities 2011: $02011Assets 2012: $3,901Liabilities 2012: $02012Assets 2013: $2,341Liabilities 2013: $02013Assets 2014: $30,299Liabilities 2014: $0Net Assets 2014: $30,2992014Assets 2015: $89,960Liabilities 2015: $0Net Assets 2015: $89,9602015Assets 2016: $91,339Liabilities 2016: $0Net Assets 2016: $91,3392016Assets 2017: $83,407Liabilities 2017: $0Net Assets 2017: $83,4072017Assets 2018: $81,727Liabilities 2018: $0Net Assets 2018: $81,7272018Assets 2019: $81,931Liabilities 2019: $0Net Assets 2019: $81,9312019Assets 2020: $0Net Assets 2020: $02020

Highlighted filing

2017

Assets$83,407
Liabilities$0
Net Assets$83,407

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2011: $110,281Expenses 2011: $116,667Net Income 2011: -$6,3862011Revenue 2012: $139,059Expenses 2012: $142,960Net Income 2012: -$3,9012012Revenue 2013: $130,743Expenses 2013: $132,303Net Income 2013: -$1,5602013Revenue 2014: $180,548Expenses 2014: $152,590Net Income 2014: $27,9582014Revenue 2015: $156,829Expenses 2015: $97,168Net Income 2015: $59,6612015Revenue 2016: $144,940Expenses 2016: $143,561Net Income 2016: $1,3792016Revenue 2017: $120,902Expenses 2017: $128,834Net Income 2017: -$7,9322017Revenue 2018: $147,254Expenses 2018: $148,934Net Income 2018: -$1,6802018Revenue 2019: $13,956Expenses 2019: $13,752Net Income 2019: $2042019

Highlighted filing

2017

Revenue$120,902
Expenses$128,834
Net Income-$7,932
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Mar 30, 2018
Return Version
2017v2.2
Gross Receipts
$120,902
Mission and Program Overview

Mission

TO PROMOTE GRAND OPERA

Program Services

DescriptionGrantsExpenses
1 TO ENHANCE THE CULTURAL LIFE OF OUR COMMUNITY BY PRODING A COMPLETE RANGE OF FINE MUSICAL PROGRAMMING 2 TO EDUCATE THE COMMUNITY ABOUT THE BENEFITS OF GRAND OPERA ---
3 TO EDUACTE AND INTRODUCE OUR YOUTH TO THE JOYS OF FINE MUSIC 4 TO PROVIDE PERFORMANCE OPPORTUNITIES TO MUSIOCIANS AND OFFER STUDY GRANTS TO YOUNG PERFORMING ARTISTS--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
GIOVANNI SIMONETreasurerPT$0--
EVELYN LA QUAIFEVice PresidentPT$0--
LUCINE AMARAVice PresidentPT$0--
MARY ELEEN ROHANVice PresidentPT$0--
MARY BRIGGSVice PresidentPT$0--
RITA TONITTASecretaryPT$0--
JAMES GARVINPresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Verisimo Opera Inc
EIN
22-3190959
Address
1248 PALISADES AVENUE, FORT LEE, NJ 07024

Signing Officer

Name
Giovanni Simone
Title
Treasurer
Phone
9172912721
Signed
2018-03-30
Discuss with paid preparer
No

Preparer

Firm
Jacob Bauer Tax Preparation
Address
201 Hillside Avenue, Bergenfield, NJ 07621
Preparer
Jacob Bauer
Phone
2013872422
Supplemental Narrative

Additional Explanations

General explanation attachment

No review was conducted or will be conducted

Description of other expenses Part I line 16

Description AmountRERESHMENTS JUDGES 750NJ FILING FEE 340PIANO TUNING 120AVC WINNERS AWARD 3,500AVC PLAQUES 300AVC ADVERTISEMENT 2,430AVC MAILING 232INSURANCE 840TRANSPORTATION PARKING 100CHORUS VOCAL SCORES 1,187MISCELLANEOUS 420

Raw XML Appendix182 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE PRESIDENT
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS CONDUCTED OR WILL BE CONDUCTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountRERESHMENTS JUDGES 750NJ FILING FEE 340PIANO TUNING 120AVC WINNERS AWARD 3,500AVC PLAQUES 300AVC ADVERTISEMENT 2,430AVC MAILING 232INSURANCE 840TRANSPORTATION PARKING 100CHORUS VOCAL SCORES 1,187MISCELLANEOUS 420
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
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