Civic Intelligence

The Peter Forakis Art Foundation

990EZ • Fiscal year 2016 • EIN 35-2520023

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

Organization ProfileN/A
304 1/2 Pleasant StreetPetaluma, CA 94952

(718) 236-5610

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 2016

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2016

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

34th percentile

-6.3%

Faster asset growth than 34% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$70,246

Down $4,706 (-6.3%) from 2015

Net Assets

Down

$70,246

Down $4,706 (-6.3%) from 2015

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $95,150 (-100%) from 2015

Expenses

Down

$4,706

Down $15,492 (-77%) from 2015

Net Income

Down

-$4,706

Down $79,658 (-106%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

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

$80K$60K$40K$20K$0Assets 2015: $74,952Net Assets 2015: $74,9522015Assets 2016: $70,246Net Assets 2016: $70,2462016

Highlighted filing

2016

Assets$70,246
Liabilities-
Net Assets$70,246
Open 2016 Filing

Operations Trend

Revenue Growth1st percentile

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

$100K$50K$0-$50KRevenue 2015: $95,150Expenses 2015: $20,198Net Income 2015: $74,9522015Revenue 2016: $0Expenses 2016: $4,706Net Income 2016: -$4,7062016

Highlighted filing

2016

Revenue$0
Expenses$4,706
Net Income-$4,706
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Mission and Program Overview

Mission

Education of art and art related issues and to preserve and promote the art, archives, history and life of american artisit peter forakis

Program Services

DescriptionGrantsExpenses
Exempt purpose is education of art and art-related issues, and to preserve and promote the art, archives, history and life of American artist Peter Forakis.$4,706-
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOZEPH FORAKISPresident-$0--
Filing and Contact Details

Filer

Filer Name
The Peter Forakis Art Foundation
EIN
35-2520023
Address
304 1/2 PLEASANT STREET, PETALUMA, CA 94952

Signing Officer

Name
Jozeph Forakis
Title
President
Signed
2017-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Mazzola Financial Services
Address
544 BAY RIDGE PARKWAY, BROOKLYN, NY 11209-3310
Preparer
Rosalba Mazzola
Phone
7182365610
Supplemental Narrative

Additional Explanations

Other Expenses.1

“PATENT RENEWAL $2006”

Other Expenses.2

“STORAGE $1440”

Other Expenses.3

“BANK CHARGES $190”

Other Assets.1

“WORKS OF ART - Beginning $47000 WORKS OF ART - Ending $47000”

Raw XML Appendix117 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JOZEPH FORAKIS
IRS990EZ/BooksInCareOfDetail/PhoneNum07182365610
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0304 1/2 PLEASANT STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PETALUMA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd094952
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt027952
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt023246
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-4706
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01070
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt074952
IRS990EZ/Form990TotalAssetsGrp/EOYAmt070246
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt074952
IRS990EZ/NetAssetsOrFundBalancesEOYAmt070246
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt074952
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt070246
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOZEPH FORAKIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt047000
IRS990EZ/OtherAssetsTotalDetail/EOYAmt047000
IRS990EZ/OtherExpensesTotalAmt03636
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0EDUCATION OF ART AND ART RELATED ISSUES AND TO PRESERVE AND PROMOTE THE ART, ARCHIVES, HISTORY AND LIFE OF AMERICAN ARTISIT PETER FORAKIS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Exempt purpose is education of art and art-related issues, and to preserve and promote the art, archives, history and life of American artist Peter Forakis.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt04706
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt04706
IRS990EZ/TotalProgramServiceExpensesAmt04706
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PATENT RENEWAL $2006
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1STORAGE $1440
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BANK CHARGES $190
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WORKS OF ART - Beginning $47000 WORKS OF ART - Ending $47000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Assets.1
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOZEPH FORAKIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE PETER FORAKIS ART FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0PETE
ReturnHeader/Filer/EIN0352520023
ReturnHeader/Filer/USAddress/AddressLine1Txt0304 1/2 PLEASANT STREET
ReturnHeader/Filer/USAddress/CityNm0PETALUMA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094952
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MAZZOLA FINANCIAL SERVICES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0544 BAY RIDGE PARKWAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BROOKLYN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0112093310
ReturnHeader/PreparerPersonGrp/PhoneNum07182365610
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROSALBA MAZZOLA
ReturnHeader/ReturnTs02017-11-15T14:48:48-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$70,246
Liabilities
-
Net assets
$70,246
Revenue
$0
Expenses
$4,706
Net income
-$4,706
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$70.2$70.2$0.00$4.71$4.71
2015Detailed filing. Detailed filing data is available for this year.$75.0$75.0$95.2$20.2$75.0