Civic Intelligence

Pera Lee Branch Inc

990EZ • Fiscal year 2022 • EIN 26-0339650

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 19, 2023

5910 North Central Expy 1200Dallas, TX 75206

(214) 989-0800

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

59th percentile

0.00x

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

2022 filings • <$500k nonprofits • Source year 2022

Net Margin

3rd percentile

-627%

Higher net margin than 3% of similar nonprofits.

2022 filings • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • <$500k nonprofits • Source year 2022

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

2022 filings • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2021 to 2022

Assets

Down

$0

Down $49,897 (-100%) from 2021

Net Assets

Down

$0

Down $46,833 (-100%) from 2021

Liabilities

Down

$0

Down $3,064 (-100%) from 2021

Revenue

Up

$2,366

Up $2,366 from 2021

Expenses

Down

$17,199

Down $9,869 (-36%) from 2021

Net Income

Up

-$14,833

Up $12,235 (+45%) from 2021

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2015: $38,500,662Liabilities 2015: $18,358,144Net Assets 2015: $20,142,5182015Assets 2016: $39,088,407Liabilities 2016: $18,359,080Net Assets 2016: $20,729,3272016Assets 2017: $39,980,734Liabilities 2017: $18,633,960Net Assets 2017: $21,346,7742017Assets 2018: $34,693,882Liabilities 2018: $18,323,557Net Assets 2018: $16,370,3252018Assets 2019: $36,720,292Liabilities 2019: $18,297,131Net Assets 2019: $18,423,1612019Assets 2020: $348,265Liabilities 2020: $5,417Net Assets 2020: $342,8482020Assets 2021: $49,897Liabilities 2021: $3,064Net Assets 2021: $46,8332021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2022

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$2.0M$0-$2.0M-$4.0MRevenue 2015: $1,231,396Expenses 2015: $0Net Income 2015: $1,231,3962015Revenue 2016: $1,287,661Expenses 2016: $0Net Income 2016: $1,287,6612016Revenue 2017: $1,328,490Expenses 2017: $0Net Income 2017: $1,328,4902017Revenue 2018: $1,376,095Expenses 2018: $0Net Income 2018: $1,376,0952018Revenue 2019: $719,171Expenses 2019: $0Net Income 2019: $719,1712019Revenue 2020: -$3,273,306Expenses 2020: $0Net Income 2020: -$3,273,3062020Revenue 2021: $0Expenses 2021: $27,068Net Income 2021: -$27,0682021Revenue 2022: $2,366Expenses 2022: $17,199Net Income 2022: -$14,8332022

Highlighted filing

2022

Revenue$2,366
Expenses$17,199
Net Income-$14,833
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 19, 2023
Return Version
2022v5.0
Gross Receipts
$2,366
Mission and Program Overview

Mission

Pera lee branch, inc., is a 501(c)(25) organization. It was organized for the exclusive purpose of acquiring real property, holding title to and collecting income from such property, and remitting the entire amount of the income from such property (less expenses) to the shareholder of this corporation. The sole shareholder of this corporation is the public employees' retirement association of colorado, which is a tax-exempt pension fund that meets the requirements of section 414(d). All distributions were paid to the public employees' retirement assocation of colorado. This shareholder received the 2018 net income of pera lee branch, inc.

Pera lee branch, inc., is a 501(c)(25) organization. It was organized for the exclusive purpose of acquiring real property, holding title to and collecting income from such property, and remitting the entire amount of the income from such property (less expenses) to the shareholder of this corporation. The sole shareholder of this corporation is the public employees' retirement association of colorado, which is a tax-exempt pension fund that meets the requirements of section 414(d). All distributions were paid to the public employees' retirement association of colorado. This shareholder received the net income of pera lee branch, inc.

Program Services

DescriptionGrantsExpenses
THE ENTITY OPERATED THE REAL ESTATE PROPERTY FOR ITS EXEMPT BENEFICIARY, THE PUBLIC EMPLOYEES' RETIREMENT ASSOCIATION OF COLORADO (EIN: 84-6000472). THE ENTITY SOLD THE PROPERTY IN JANUARY 2020.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
AMY MCGARRITYSole Director-$0--
STACIE CROWNPresident-$0--
PETER A BENYOVice President-$0--
JENNIFER HANSONSecretary/Treasurer-$0--
Filing and Contact Details

Filer

Filer Name
Pera Lee Branch Inc
EIN
26-0339650
Phone
2149890800
Address
5910 NORTH CENTRAL EXPY 1200, DALLAS, TX 75206

Signing Officer

Name
Jennifer Hanson
Title
Secretary & Treasurer
Phone
2149890800
Signed
2023-04-19
Discuss with paid preparer
Yes

Preparer

Firm
Moss Adams Llp
Address
14555 DALLAS PARKWAY STE 300, DALLAS, TX 75254
Preparer
Steven Talbot
Phone
9724582296
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: common area maintenance-prior year. Amount: 2,366.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: bank fees. Amount: 718. Description: corporate filing fees. Amount: 2,026. Total to form 990-ez, line 16: 2,744.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: distributions/other transfers of cash to pera of colorado. Amount: -32,000.

Form 990-ez, Part II, Line 24 - Other Assets

Description: accounts receivable. Beg. Of year amount: 31,083. End of year amount: 0.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 3,064. End of year amount: 0.

Raw XML Appendix151 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0L&B REALTY ADVISORS LLP
IRS990EZ/BooksInCareOfDetail/PhoneNum02149890800
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt05910 NORTH CENTRAL EXPY STE 1200
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0DALLAS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd075206
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt018814
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt00
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
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IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-14833
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IRS990EZ/FinalReturnInd0X
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IRS990EZ/ForeignOfficeInd00
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/GrossReceiptsAmt02366
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt046833
IRS990EZ/NetAssetsOrFundBalancesEOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt046833
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt13.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0AMY MCGARRITY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1STACIE CROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PETER A BENYO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JENNIFER HANSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0SOLE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY/TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd01
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt031083
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt0-32000
IRS990EZ/OtherExpensesTotalAmt02744
IRS990EZ/OtherRevenueTotalAmt02366
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0PERA LEE BRANCH, INC., IS A 501(C)(25) ORGANIZATION. IT WAS ORGANIZED FOR THE EXCLUSIVE PURPOSE OF ACQUIRING REAL PROPERTY, HOLDING TITLE TO AND COLLECTING INCOME FROM SUCH PROPERTY, AND REMITTING THE ENTIRE AMOUNT OF THE INCOME FROM SUCH PROPERTY (LESS EXPENSES) TO THE SHAREHOLDER OF THIS CORPORATION. THE SOLE SHAREHOLDER OF THIS CORPORATION IS THE PUBLIC EMPLOYEES' RETIREMENT ASSOCIATION OF COLORADO, WHICH IS A TAX-EXEMPT PENSION FUND THAT MEETS THE REQUIREMENTS OF SECTION 414(D). ALL DISTRIBUTIONS WERE PAID TO THE PUBLIC EMPLOYEES' RETIREMENT ASSOCIATION OF COLORADO. THIS SHAREHOLDER RECEIVED THE NET INCOME OF PERA LEE BRANCH, INC.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ENTITY OPERATED THE REAL ESTATE PROPERTY FOR ITS EXEMPT BENEFICIARY, THE PUBLIC EMPLOYEES' RETIREMENT ASSOCIATION OF COLORADO (EIN: 84-6000472). THE ENTITY SOLD THE PROPERTY IN JANUARY 2020.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt03064
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt017199
IRS990EZ/TotalRevenueAmt02366
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd01
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd01
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0PERA OF COLORADO
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02022-04-28
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0846000472
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt032000
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0115
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt01301 PENNSYLVANIA ST
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0DENVER
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0CO
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd080203
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0PERSON(S) INVOLVED: AMY MCGARRITY
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt1EXPLANATION OF INVOLVEMENT: AMY MCGARRITY, WHO WAS THE SOLE DIRECTOR OF PERA LEE BRANCH, INC., IS AN EMPLOYEE OF PERA OF COLORADO.
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt2THIS IS A FINAL YEAR RETURN FOR PERA LEE BRANCH, INC. NO ASSETS REMAINED TO BE DISTRIBUTED UPON DISSOLUTION OF THE ENTITY. THE ORGANIZATION'S PRIMARY ASSET WAS DISPOSED IN 2020, WITH THE PROCEEDS OF THE SALE DISTRIBUTED TO THE PUBLIC EMPLOYEES' RETIREMENT ASSOCIATION OF COLORADO, WHICH IS THE SOLE SHAREHOLDER OF THIS ORGANIZATION. THIS TRANSACTION WAS REPORTED ON SCHEDULE N OF PERA LEE BRANCH'S 2020 FORM 990. THE CASH BALANCE THAT EXISTED AT THE END OF THE PREVIOUS YEAR WAS USED TO PAY OTHER WIND-DOWN EXPENSES, WHICH TOTALED LESS THAN $20,000.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2E:
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I, LINE 2E:
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc2PART I, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: COMMON AREA MAINTENANCE-PRIOR YEAR. AMOUNT: 2,366.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: BANK FEES. AMOUNT: 718. DESCRIPTION: CORPORATE FILING FEES. AMOUNT: 2,026. TOTAL TO FORM 990-EZ, LINE 16: 2,744.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DISTRIBUTIONS/OTHER TRANSFERS OF CASH TO PERA OF COLORADO. AMOUNT: -32,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 31,083. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 3,064. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIFER HANSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY & TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02149890800
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PERA LEE BRANCH INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O L&B REALTY ADVISORS LLP
ReturnHeader/Filer/BusinessNameControlTxt0PERA
ReturnHeader/Filer/EIN0260339650
ReturnHeader/Filer/PhoneNum02149890800
ReturnHeader/Filer/USAddress/AddressLine1Txt05910 NORTH CENTRAL EXPY 1200
ReturnHeader/Filer/USAddress/CityNm0DALLAS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075206
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0910189318
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MOSS ADAMS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt014555 DALLAS PARKWAY STE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DALLAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075254
ReturnHeader/PreparerPersonGrp/PhoneNum09724582296
ReturnHeader/PreparerPersonGrp/PreparationDt02023-04-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN TALBOT
ReturnHeader/ReturnTs02023-04-19T10:43:55-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JENNIFER
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HANSON
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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