Civic Intelligence

Picaso Inc.

990EZ • Fiscal year 2018 • EIN 56-1739570

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 09, 2019

PO Box 8685Greenville, NC 27835

(252) 355-2653

Siviq Scores

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

Liabilities / Assets

99th percentile

4.24x

Higher debt load relative to assets than 99% of similar nonprofits.

2018 filings • NTEE B • <$500k nonprofits • Source year 2018

Liabilities / Revenue

94th percentile

0.47x

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

2018 filings • NTEE B • <$500k nonprofits • Source year 2018

Net Margin

17th percentile

-20%

Higher net margin than 17% of similar nonprofits.

2018 filings • NTEE B • <$500k nonprofits • Source year 2018

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

2018 filings • NTEE B • <$500k nonprofits • Source year 2018

Asset Growth

81st percentile

38%

Faster asset growth than 81% of similar nonprofits.

2018 filings • NTEE B • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

27th percentile

-16%

Faster revenue growth than 27% of similar nonprofits.

2018 filings • NTEE B • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$14,777

Up $4,077 (+38%) from 2017

Net Assets

Down

-$47,847

Down $27,026 (-130%) from 2017

Liabilities

Up

$62,624

Up $31,103 (+99%) from 2017

Revenue

Down

$134,600

Down $25,055 (-16%) from 2017

Expenses

Up

$161,626

Up $3,462 (+2.2%) from 2017

Net Income

Down

-$27,026

Down $28,517 (-1913%) from 2017

Historical Trend

Balance Sheet Trend

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

$100K$50K$0-$50KAssets 2011: $11,103Liabilities 2011: $10,4172011Assets 2012: $17,760Liabilities 2012: $4,7412012Assets 2013: $11,833Liabilities 2013: $4,3452013Assets 2014: $8,784Liabilities 2014: $2,0992014Assets 2015: $10,344Liabilities 2015: $15,4512015Assets 2016: $4,216Liabilities 2016: $26,528Net Assets 2016: -$22,3122016Assets 2017: $10,700Liabilities 2017: $31,521Net Assets 2017: -$20,8212017Assets 2018: $14,777Liabilities 2018: $62,624Net Assets 2018: -$47,8472018Assets 2020: $13,256Liabilities 2020: $2,1332020Assets 2021: $18,541Liabilities 2021: $0Net Assets 2021: $18,5412021Assets 2022: $9,087Liabilities 2022: $0Net Assets 2022: $9,0872022Assets 2023: $20,164Liabilities 2023: $02023Assets 2024: $22,967Net Assets 2024: $22,9672024

Highlighted filing

2018

Assets$14,777
Liabilities$62,624
Net Assets-$47,847

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2011: $78,166Expenses 2011: $68,744Net Income 2011: $9,4222011Revenue 2012: $93,953Expenses 2012: $81,620Net Income 2012: $12,3332012Revenue 2013: $93,936Expenses 2013: $99,467Net Income 2013: -$5,5312013Revenue 2014: $131,657Expenses 2014: $132,460Net Income 2014: -$8032014Revenue 2015: $114,854Expenses 2015: $126,646Net Income 2015: -$11,7922015Revenue 2016: $131,565Expenses 2016: $141,465Net Income 2016: -$9,9002016Revenue 2017: $159,655Expenses 2017: $158,164Net Income 2017: $1,4912017Revenue 2018: $134,600Expenses 2018: $161,626Net Income 2018: -$27,0262018Revenue 2020: $137,429Expenses 2020: $140,658Net Income 2020: -$3,2292020Revenue 2021: $172,446Expenses 2021: $165,028Net Income 2021: $7,4182021Revenue 2022: $134,507Expenses 2022: $143,961Net Income 2022: -$9,4542022Revenue 2023: $144,980Expenses 2023: $133,903Net Income 2023: $11,0772023Revenue 2024: $159,979Expenses 2024: $157,176Net Income 2024: $2,8032024

Highlighted filing

2018

Revenue$134,600
Expenses$161,626
Net Income-$27,026
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 9, 2019
Return Version
2018v3.1
Gross Receipts
$134,600
Mission and Program Overview

Mission

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
CASE MANAGEMENT & ASSISTANCE AS NEEDED TO THOSE LIVING WITH OR AFFECTED BY HIVAIDS-$55,136
EDUCATIONAL HIVSTD PREVENTION PROGRAMS FOR ANY GROUP OR ORGNAIZATION IN PITT COUNTY AND EASTERN NC-$51,991
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
AARON LUCIERPresidentPT$0--
CHANELLE FLOWERS-HARDISONSecretary-$0--
CANDACE DEARMANMember-$0--
JEFFREY R ROBINSON-THOMASVice President-$0--
CIARRA DORTCHEBoard Member-$0--
KEITH ARCHIBALDTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Picaso Inc
EIN
56-1739570
Address
PO BOX 8685, GREENVILLE, NC 27835

Signing Officer

Name
Aaron Lucier
Title
President
Phone
2527144398
Signed
2019-08-09
Discuss with paid preparer
Yes

Preparer

Firm
Murphy & Bunch CPAs PA
Address
107 Commerce St Ste A, Greenville, NC 27858
Preparer
Jan B Murphy
Phone
2523552653
Supplemental Narrative

Additional Explanations

General explanation attachment

Form 990-ez, part iii - primary exempt purposeto prevent the transmission of hiv through education outreach to pitt & surrounding counties of eastern north carolina, and to provide culturally sensitive, individually focused, physical, socieal, emotional, & financial assistance to those living with, and affected by, hiv/aids in the community.

Description of other expenses Part I line 16

Description amountdepreciation from 4562 1,017bank charges 331business gifts 2,000insurance 1,039food for meetings & events 276safe spaces meetings 4,088women to women meetings 135miscellaneous 150housing assistance 5,327world aids day 75utilities assistance 2,819medical supplies 1,808meals 144mileage reimbursements 5,197supplies 212dues/permits/licenses 171office supplies 1,311travel 1,218medical assistance 469subscriptions 339conferences/training 2,479fundraising 892postage 374

Description of other assets Part II line 24

Category beginning of year end of yearequipment net of acc depreciat 1,664 647utility deposit 100 100

Description of total liabilities Part II line 26

Category beginning of year end of yearpayroll liabilities 2,217 2,383loans from board member 7,300 36,300accrued vacation leave 22,004 23,941

Raw XML Appendix171 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
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GREENVILLE
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IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/GrossReceiptsAmt0134600
IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/LandAndBuildingsGrp/BOYAmt00
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-20821
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-47847
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-20821
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-47847
IRS990EZ/OccupancyRentUtltsAndMaintAmt012831
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt52.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0AARON LUCIER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CHANELLE FLOWERS-HARDISON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CANDACE DEARMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JEFFREY R ROBINSON-THOMAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CIARRA DORTCHE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5KEITH ARCHIBALD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01764
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0747
IRS990EZ/OtherExpensesTotalAmt031871
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SEE SCHEDULE O
IRS990EZ/PrintingPublicationsPostageAmt0376
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0EDUCATIONAL HIVSTD PREVENTION PROGRAMS FOR ANY GROUP OR ORGNAIZATION IN PITT COUNTY AND EASTERN NC
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1CASE MANAGEMENT & ASSISTANCE AS NEEDED TO THOSE LIVING WITH OR AFFECTED BY HIVAIDS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt051991
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt155136
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt0111406
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt031521
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt062624
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0161626
IRS990EZ/TotalProgramServiceExpensesAmt0107127
IRS990EZ/TotalRevenueAmt0134600
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0134600
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0159655
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0131565
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0114854
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0131655
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0672329
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct00.94980
IRS990ScheduleA/PublicSupportTotal170Amt0672329
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0134600
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0159655
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0131565
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0114854
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0131655
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0672329
IRS990ScheduleA/TotalSupportAmt0672331
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990-EZ, PART III - PRIMARY EXEMPT PURPOSETO PREVENT THE TRANSMISSION OF HIV THROUGH EDUCATION OUTREACH TO PITT & SURROUNDING COUNTIES OF EASTERN NORTH CAROLINA, AND TO PROVIDE CULTURALLY SENSITIVE, INDIVIDUALLY FOCUSED, PHYSICAL, SOCIEAL, EMOTIONAL, & FINANCIAL ASSISTANCE TO THOSE LIVING WITH, AND AFFECTED BY, HIV/AIDS IN THE COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTDEPRECIATION FROM 4562 1,017BANK CHARGES 331BUSINESS GIFTS 2,000INSURANCE 1,039FOOD FOR MEETINGS & EVENTS 276SAFE SPACES MEETINGS 4,088WOMEN TO WOMEN MEETINGS 135MISCELLANEOUS 150HOUSING ASSISTANCE 5,327WORLD AIDS DAY 75UTILITIES ASSISTANCE 2,819MEDICAL SUPPLIES 1,808MEALS 144MILEAGE REIMBURSEMENTS 5,197SUPPLIES 212DUES/PERMITS/LICENSES 171OFFICE SUPPLIES 1,311TRAVEL 1,218MEDICAL ASSISTANCE 469SUBSCRIPTIONS 339CONFERENCES/TRAINING 2,479FUNDRAISING 892POSTAGE 374
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEAREQUIPMENT NET OF ACC DEPRECIAT 1,664 647UTILITY DEPOSIT 100 100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CATEGORY BEGINNING OF YEAR END OF YEARPAYROLL LIABILITIES 2,217 2,383LOANS FROM BOARD MEMBER 7,300 36,300ACCRUED VACATION LEAVE 22,004 23,941
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0AARON LUCIER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02527144398
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-08-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PICASO INC
ReturnHeader/Filer/BusinessNameControlTxt0PICA
ReturnHeader/Filer/EIN0561739570
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 8685
ReturnHeader/Filer/USAddress/CityNm0GREENVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027835
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ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId05615462019318wzs5tcc
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02019-11-14
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt075.109.123.14
ReturnHeader/FilingSecurityInformation/IPDt02019-11-14
ReturnHeader/FilingSecurityInformation/IPTm007:58:04
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200565868
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Murphy & Bunch CPAs PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0107 Commerce St Ste A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Greenville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027858
ReturnHeader/PreparerPersonGrp/PhoneNum02523552653
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jan B Murphy
ReturnHeader/ReturnTs02019-11-14T07:56:34-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.23$0.23$1.60$1.57$0.03
2023Summary only. Only limited summary data is available for this year.$0.20$0.00$1.45$1.34$0.11
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.09$0.00$0.09$1.35$1.44$0.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.19$0.00$0.19$1.72$1.65$0.07
2020Summary only. Only limited summary data is available for this year.$0.13$0.02$1.37$1.41$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.15$0.63$0.48$1.35$1.62$0.27
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.11$0.32$0.21$1.60$1.58$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.04$0.27$0.22$1.32$1.41$0.10
2015Summary only. Only limited summary data is available for this year.$0.10$0.15$1.15$1.27$0.12
2014Summary only. Only limited summary data is available for this year.$0.09$0.02$1.32$1.32$0.01
2013Summary only. Only limited summary data is available for this year.$0.12$0.04$0.94$0.99$0.06
2012Summary only. Only limited summary data is available for this year.$0.18$0.05$0.94$0.82$0.12
2011Summary only. Only limited summary data is available for this year.$0.11$0.10$0.78$0.69$0.09