Civic Intelligence

Persad Center Inc.

990 • Fiscal year 2022 • EIN 25-1234680

Jul 01, 2021 to Jun 30, 2022 • Filed on May 08, 2023

5301 Butler Street Suite 100Pittsburgh, PA 15201

(412) 441-9786

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.92x

Higher debt load relative to assets than 93% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

64th percentile

0.18x

Higher debt load relative to revenue than 64% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

23rd percentile

-7.9%

Higher net margin than 23% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

72nd percentile

$107,721

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

3rd percentile

-34%

Faster asset growth than 3% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

37th percentile

-1.5%

Faster revenue growth than 37% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$480,109

Down $246,937 (-34%) from 2021

Net Assets

Down

$37,549

Down $190,973 (-84%) from 2021

Liabilities

Down

$442,560

Down $55,964 (-11%) from 2021

Revenue

Down

$2,431,956

Down $37,440 (-1.5%) from 2021

Expenses

Up

$2,622,929

Up $187,053 (+7.7%) from 2021

Net Income

Down

-$190,973

Down $224,493 (-670%) from 2021

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $336,025Liabilities 2010: $179,062Net Assets 2010: $156,9632010Assets 2011: $611,179Liabilities 2011: $194,045Net Assets 2011: $417,1342011Assets 2012: $300,670Liabilities 2012: $159,572Net Assets 2012: $141,0982012Assets 2013: $879,422Liabilities 2013: $231,833Net Assets 2013: $647,5892013Assets 2014: $892,524Liabilities 2014: $236,241Net Assets 2014: $656,2832014Assets 2015: $1,380,092Liabilities 2015: $407,923Net Assets 2015: $972,1692015Assets 2016: $1,400,132Liabilities 2016: $357,139Net Assets 2016: $1,042,9932016Assets 2017: $1,431,606Liabilities 2017: $374,083Net Assets 2017: $1,057,5232017Assets 2018: $1,247,882Liabilities 2018: $484,996Net Assets 2018: $762,8862018Assets 2019: $708,038Liabilities 2019: $534,428Net Assets 2019: $173,6102019Assets 2020: $605,225Liabilities 2020: $410,223Net Assets 2020: $195,0022020Assets 2021: $727,046Liabilities 2021: $498,524Net Assets 2021: $228,5222021Assets 2022: $480,109Liabilities 2022: $442,560Net Assets 2022: $37,5492022Assets 2023: $990,857Liabilities 2023: $852,974Net Assets 2023: $137,8832023Assets 2024: $2,699,863Liabilities 2024: $719,877Net Assets 2024: $1,979,9862024

Highlighted filing

2022

Assets$480,109
Liabilities$442,560
Net Assets$37,549

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,577,0042010Expenses 2011: $1,558,7262011Expenses 2012: $1,691,4182012Expenses 2013: $1,880,5742013Revenue 2014: $1,820,428Expenses 2014: $1,811,734Net Income 2014: $8,6942014Revenue 2015: $2,254,461Expenses 2015: $1,928,189Net Income 2015: $326,2722015Revenue 2016: $2,026,625Expenses 2016: $1,955,801Net Income 2016: $70,8242016Revenue 2017: $2,313,547Expenses 2017: $2,299,017Net Income 2017: $14,5302017Revenue 2018: $2,260,965Expenses 2018: $2,464,106Net Income 2018: -$203,1412018Revenue 2019: $1,920,395Expenses 2019: $2,434,671Net Income 2019: -$514,2762019Revenue 2020: $1,997,325Expenses 2020: $2,267,076Net Income 2020: -$269,7512020Revenue 2021: $2,469,396Expenses 2021: $2,435,876Net Income 2021: $33,5202021Revenue 2022: $2,431,956Expenses 2022: $2,622,929Net Income 2022: -$190,9732022Revenue 2023: $2,722,306Expenses 2023: $2,621,972Net Income 2023: $100,3342023Revenue 2024: $5,123,421Expenses 2024: $3,254,299Net Income 2024: $1,869,1222024

Highlighted filing

2022

Revenue$2,431,956
Expenses$2,622,929
Net Income-$190,973
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 8, 2023
Return Version
2021v4.0
Gross Receipts
$2,823,585
Mission and Program Overview

Mission

To improve the well being of the lgbtq (lesbian, gay, bisexual, transgender, queer/questioning) communities, the hiv/aids communities, and the allies of all of these.

To improve the well being of the lgbtq (lesbian, gay, bisexual, transgender, queer/questioning)communities, the hiv/aids communities, and the allies of all of these communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$326,698$315,683▼ $11,015
Land, Buildings, and Equipment, Net$104,419$64,465▼ $39,954
Pledges and Grants Receivable$101,489$64,035▼ $37,454
Prepaid Expenses and Deferred Charges$47,869$18,333▼ $29,536
Cash and Non-Interest-Bearing Accounts$146,031$17,053▼ $128,978
Total Assets$727,046$480,109▼ $246,937
Other Assets Total$540$540→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$256,773$254,455▼ $2,318
Accounts Payable and Accrued Expenses$241,751$188,105▼ $53,646
Total Liabilities$498,524$442,560▼ $55,964
Net Assets / Fund Balance
Net Assets With Donor Restrictions$80,141$89,317▲ $9,176
Net Assets Without Donor Restrictions$148,381$-51,768▼ $200,149
Total Net Assets Fund Balance$228,522$37,549▼ $190,973
Total Liabilities and Net Assets / Fund Balance$727,046$480,109▼ $246,937

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$71$277,183$277,254
Leasehold Improvements$64,394$193,524$257,918
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Martin HealeyCEOFT$100,791$6,930$107,721

Board Members and Trustees

NameTitle
Douglas ClewettPresident
Daniel ReitzBoard Member
Darren Whitfield Phd MswBoard Member
David a McdougalBoard Member
James MillsapBoard Member
Jo IncorvaiaBoard Member
Meghan HolohanBoard Member
Robert M LucasBoard Member
Sheri Sclabassi Msw PhdBoard Member
Susan NitzbergBoard Member
Victor Dozzi CPA Mst CfeBoard Member
Katherine TooleSecretary
Gene WelshTreasurer
Will Wenger LcswVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$819,018
Program Service Revenue
$1,839,796
Investment Income
$68
Other Revenue
$-226,926
All Other Contributions
$376,078
Change in Net Assets
$-190,973

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported Amount
Works of Art289$159,940
Other Non Cash Contri Table1$2,550
Total Noncash Contributions290$162,490

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,823,585
Revenue Not Reported on Financial Statements
$-391,629
Other Revenue Adjustments
$-391,629
Total Revenue per Audited Statements
$2,823,585
Total Revenue per Form 990
$2,431,956
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,889,452
Other Expenses$733,477
Total Fundraising Expense$170,042
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,255,218$90,043$57,882$1,403,143
Occupancy$113,113$106,313$6,962$226,388
Current Officers, Directors, Trustees, and Key Employees$78,478$39,239$39,239$156,956
Information Technology$105,421$36,085$4,263$145,769
Other Employee Benefits$125,531$10,867$7,607$144,005
Payroll Taxes$98,251$11,611$8,625$118,487
Pension Plan Contributions$51,328$12,056$3,477$66,861
Insurance$26,767$26,282-$53,049
Fees for Services Accounting-$49,891-$49,891
Office Expenses$14,987$13,779$14,923$43,689
Depreciation Depletion-$39,891-$39,891
Fees for Services Legal$283$35,050-$35,333
Fees for Services Other$8,637$1,768$8,867$19,272
Conferences and Meetings$5,720$858$9,632$16,210
Travel$13,429$776$229$14,434
Interest-$14,288-$14,288
Advertising$1,456$1,801$2,110$5,367
Other Expenses$570$3,854$218$4,424
Total Functional Expenses$1,920,480$532,407$170,042$2,622,929

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,014,558
Expenses per Audited Statements$2,622,929
Total Expenses per Form 990$2,622,929
Expenses Not Reported on Form 990$391,629
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$391,629
Fundraising Gross Income$149,385
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Art for Change$589,516$146,576$378,770$-232,194
Total Events$589,516$146,576$391,629$-245,053
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
Yes
Other officer compensation reviewed
No
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, Page 6, Part VI, Line 11B

Our independent auditors prepare and deliver a draft of the form 990 to the ceo or persad and it is available to all members of the board of directors for their review. Everyone is given time to review the draft form 990 and respond to the audit committee who conveys to our auditors with their comments. After this period, all appropriate edits are made to the draft form 990. The final edited version is then filed with the internal revenue service.

Form 990, Page 6, Part VI, Line 12C

Annually, all board members are provided with a copy of persad's conflict of interest policy to read, review, and sign. All board members are required to disclose all current conflicts and any other conflicts as they arise. This way, management and the board can monitor all conflicts and enforce the conflict of interest policy on a current basis.

Form 990, Page 6, Part VI, Line 15A

Any compensation increase for any persad center employee is based on a salary increment range approved by the board of directors as part of the annual budget review process. The budget review also includes consideration of any benefit packages such as health insurance, retirement, etc. The compensation of our organization's ceo is reviewed bi-annually as part of the individual's performance review process. Board members are invited to provide input on the evaluation of the performance of the ceo and the board president completes a written report of this feedback. The report is reviewed by the executive committee of the board and then reviewed with the ceo. Based on the evaluation, a recommendation for compensation is made that is in keeping with the range of salary increase being offered to all employees.

Form 990, Page 6, Part VI, Line 19

Persad will provide copies of governing documents, conflict of interest policy, and financial statements to the public upon request.

Filing and Contact Details

Filer

Filer Name
Persad Center Inc
EIN
25-1234680
Phone
4124419786
Address
5301 BUTLER STREET SUITE 100, PITTSBURGH, PA 15201

Signing Officer

Name
Martin Healey
Title
CEO
Phone
4124419786
Signed
2023-05-08

Organization Details

Principal Officer
Martin Healey
Formed
1972
Legal Domicile
Pa
Voting Board Members
14
Independent Board Members
14
Employees
46

Preparer

Firm
Mccall Scanlon & Tice LLC
Address
5500 CORPORATE DR STE 240, PITTSBURGH, PA 15237-5090
Preparer
Adam J Lamendola Ea
Phone
4126359314
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Mental health counseling services - mental health services were provided to lgbtq and/or individuals with hiv. Some individuals who seek care are struggling with issues related to their sexual or gender indentity and some are struggling to cope with the discriminiation that they face as a result of their indentity or hiv infection status. Persad center is an outpatient psychiatric clinic licensed by the office of mental health and substance abuse services, pennslyvania department of public welfare. Consumers who receive mental health services decrease their symptoms of mental illness, increase their ability to cope with stressful situations, develop strategies to address difficult life circumstances, and report increased life functioning and happiness. Training/education/consulting services - training/education services target systems that work with lgbtq people to help them improve their cultural awareness and competency. Persad center works with human service organizations, schools, corporations, and healthcare systems to help their workers provide quality services to lgbtq people.

Form 990, Part XI, Line 9

Direct fundraising expenses 391,629 direct fundraising expenses -391,629

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 4B

Direct fundraising expenses -391,629

Schedule D, Page 4, Part XII, Line 2D

Direct fundraising expenses 391,629

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.70$0.72$1.98$5.12$3.25$1.87
2023Detailed filing. Detailed filing data is available for this year.$0.99$0.85$0.14$2.72$2.62$0.10
2022Detailed filing. Detailed filing data is available for this year.$0.48$0.44$0.04$2.43$2.62$0.19
2021Detailed filing. Detailed filing data is available for this year.$0.73$0.50$0.23$2.47$2.44$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.61$0.41$0.20$2.00$2.27$0.27
2019Detailed filing. Detailed filing data is available for this year.$0.71$0.53$0.17$1.92$2.43$0.51
2018Detailed filing. Detailed filing data is available for this year.$1.25$0.48$0.76$2.26$2.46$0.20
2017Detailed filing. Detailed filing data is available for this year.$1.43$0.37$1.06$2.31$2.30$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.40$0.36$1.04$2.03$1.96$0.07
2015Detailed filing. Detailed filing data is available for this year.$1.38$0.41$0.97$2.25$1.93$0.33
2014Detailed filing. Detailed filing data is available for this year.$0.89$0.24$0.66$1.82$1.81$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$0.23$0.65$1.88
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.16$0.14$1.69
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.61$0.19$0.42$1.56
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.18$0.16$1.58
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • $1M-$5M nonprofits