Civic Intelligence

Ppa Charities Inc

990 • Fiscal year 2018 • EIN 58-2383393

Jan 01, 2018 to Dec 31, 2018 • Filed on May 10, 2019

229 Peachtree St NE Ste 2200Atlanta, GA 30303

(404) 522-8600

Siviq Scores

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

Liabilities / Assets

77th percentile

0.09x

Higher debt load relative to assets than 77% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

87th percentile

0.20x

Higher debt load relative to revenue than 87% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

83rd percentile

30%

Higher net margin than 83% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

100th percentile

$497,156

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 379.6% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

14th percentile

-32%

Faster asset growth than 14% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

11th percentile

-45%

Faster revenue growth than 11% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$294,907

Down $139,241 (-32%) from 2017

Net Assets

Up

$269,314

Up $11,774 (+4.6%) from 2017

Liabilities

Down

$25,593

Down $151,015 (-86%) from 2017

Revenue

Down

$130,984

Down $108,851 (-45%) from 2017

Expenses

Down

$92,129

Down $174,977 (-66%) from 2017

Net Income

Up

$38,855

Up $66,126 (+242%) from 2017

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $415,341Liabilities 2011: $171,981Net Assets 2011: $243,3602011Assets 2012: $333,076Liabilities 2012: $69,953Net Assets 2012: $263,1232012Assets 2013: $380,899Liabilities 2013: $125,0672013Assets 2014: $353,947Liabilities 2014: $91,5512014Assets 2015: $356,107Liabilities 2015: $99,525Net Assets 2015: $256,5822015Assets 2016: $446,229Liabilities 2016: $181,113Net Assets 2016: $265,1162016Assets 2017: $434,148Liabilities 2017: $176,608Net Assets 2017: $257,5402017Assets 2018: $294,907Liabilities 2018: $25,593Net Assets 2018: $269,3142018Assets 2019: $295,227Liabilities 2019: $600Net Assets 2019: $294,6272019Assets 2020: $313,573Liabilities 2020: $600Net Assets 2020: $312,9732020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2018

Assets$294,907
Liabilities$25,593
Net Assets$269,314

Operations Trend

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

$400K$200K$0-$200KRevenue 2011: $132,326Expenses 2011: $170,329Net Income 2011: -$38,0032011Revenue 2012: $153,113Expenses 2012: $140,779Net Income 2012: $12,3342012Revenue 2013: $170,101Expenses 2013: $203,909Net Income 2013: -$33,8082013Revenue 2014: $163,433Expenses 2014: $169,188Net Income 2014: -$5,7552014Revenue 2015: $198,474Expenses 2015: $191,130Net Income 2015: $7,3442015Revenue 2016: $155,372Expenses 2016: $163,317Net Income 2016: -$7,9452016Revenue 2017: $239,835Expenses 2017: $267,106Net Income 2017: -$27,2712017Revenue 2018: $130,984Expenses 2018: $92,129Net Income 2018: $38,8552018Revenue 2019: $25,521Expenses 2019: $47,581Net Income 2019: -$22,0602019Revenue 2020: $8,374Expenses 2020: $3,709Net Income 2020: $4,6652020Revenue 2021: $128,325Expenses 2021: $321,061Net Income 2021: -$192,7362021

Highlighted filing

2018

Revenue$130,984
Expenses$92,129
Net Income$38,855
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 10, 2019
Return Version
2018v3.1
Gross Receipts
$186,698
Mission and Program Overview

Mission

A fully functional arm of professional photographers of america (ppa), ppa charities will allow ppa to become a force for positive change in our society and to make a difference in the lives of others.

See page 2, part iii line 1

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$248,685$237,422▼ $11,263
Cash and Non-Interest-Bearing Accounts$180,028$53,354▼ $126,674
Prepaid Expenses and Deferred Charges$5,435$4,131▼ $1,304
Total Assets$434,148$294,907▼ $139,241
Liabilities
Other Liabilities$40,845$25,398▼ $15,447
Deferred Revenue$19,085--
Accounts Payable and Accrued Expenses$116,678$195▼ $116,483
Total Liabilities$176,608$25,593▼ $151,015
Net Assets / Fund Balance
Unrestricted Net Assets$257,540$269,314▲ $11,774
Total Net Assets Fund Balance$257,540$269,314▲ $11,774
Total Liabilities and Net Assets / Fund Balance$434,148$294,907▼ $139,241
Compensation and Service Providers

Employees

NameTitleOtherTotal
Stephen ThetfordTrustee$26,000$26,000
Audrey WanchetPresident$18,225$18,225
Gregory DanielVice Preside$15,785$15,785
Mary Fisk-taylorTrustee$4,252$4,252

Board Members and Trustees

NameTitle
Scott KurkianTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$87,899
Program Service Revenue
$0
Investment Income
$16,695
Other Revenue
$26,390
All Other Contributions
$54,930
Change in Net Assets
$38,855
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$54,996
Other Expenses$31,013
Total Fundraising Expense$19,352
Grants and Similar Amounts Paid$6,120
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$36,996-$36,996
Other Salaries and Wages-$18,000-$18,000
Travel--$10,124$10,124
Office Expenses-$7,505-$7,505
Grants to Domestic Orgs$6,120--$6,120
Advertising--$5,256$5,256
Conferences and Meetings--$3,972$3,972
Fees for Service Investment Mgmnt Fees-$3,656-$3,656
Fees for Services Accounting-$500-$500
Total Functional Expenses$6,120$66,657$19,352$92,129
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$56,110
Fundraising Direct Expenses$29,720
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Iusa Party$53,610$53,610$8,738$44,872
Dream Studio Gi$28,669-$3,405-
Total Events$89,079$56,110$29,720$26,390
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Al BehnkeSon of Exec DirAdmin ServicesNo$18,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$25,398
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 4

In october 2018 the professional photographers of america's board of directors approved a change in the composition of the ppa charities board of trustees (article iii, section 2.1) and removed article iii, sections 2.2, 2.2.1, 2.2.2, 2.3 and article iv sections 2, 3, and 4 of the bylaws to reflect the approval of the change made in july 2018 to suspend ppa charities operations.

Form 990, Page 6, Part VI, Line 11B

Prior to filing, the organization's form 990 is reviewed by the treasurer. Those on the governing body may request to review the form 990.

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

Board members are required to review and sign the conflict of interest policy on an annual basis.

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

The organization purchases salary data to compare compensation levels to that of similar organizations.

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

The organization purchases salary data to compare compensation levels to that of similar organizations.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Ppa Charities Inc
EIN
58-2383393
Phone
4045228600
Address
229 PEACHTREE ST NE STE 2200, ATLANTA, GA 30303

Signing Officer

Name
Scott Kurkian
Title
Treasurer
Phone
4045228600
Signed
2019-05-10

Organization Details

Principal Officer
Scott Kurkian
Formed
1998
Legal Domicile
Ga
Voting Board Members
5
Independent Board Members
4
Employees
0
Volunteers
35

Preparer

Firm
Reed Quinn & Mcclure LLC
Address
2055 N BROWN RD STE 150, LAWRENCEVILLE, GA 30043-4920
Preparer
Daniel T Mcclure CPA
Phone
7704499144
Supplemental Narrative

Additional Explanations

Form 990

Schedule r, part ii, line 1, column (b) membership

Form 990, Page 2, Part III, Line 3

In july 2018 the professional photographers of america's board of directors approved the motion to suspend ppa charities operations until further notice. The only event that continued was the dream studio give-a-way fundraising event that ended in january 2019. The majority of service program payments to charitable organizations were made in march 2019 after all programs were completed.

Form 990, Part XI, Line 9

Prior year audit adjustment 0

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SCHEDULE R, PART II, LINE 1, COLUMN (B) MEMBERSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN JULY 2018 THE PROFESSIONAL PHOTOGRAPHERS OF AMERICA'S BOARD OF DIRECTORS APPROVED THE MOTION TO SUSPEND PPA CHARITIES OPERATIONS UNTIL FURTHER NOTICE. THE ONLY EVENT THAT CONTINUED WAS THE DREAM STUDIO GIVE-A-WAY FUNDRAISING EVENT THAT ENDED IN JANUARY 2019. THE MAJORITY OF SERVICE PROGRAM PAYMENTS TO CHARITABLE ORGANIZATIONS WERE MADE IN MARCH 2019 AFTER ALL PROGRAMS WERE COMPLETED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IN OCTOBER 2018 THE PROFESSIONAL PHOTOGRAPHERS OF AMERICA'S BOARD OF DIRECTORS APPROVED A CHANGE IN THE COMPOSITION OF THE PPA CHARITIES BOARD OF TRUSTEES (ARTICLE III, SECTION 2.1) AND REMOVED ARTICLE III, SECTIONS 2.2, 2.2.1, 2.2.2, 2.3 AND ARTICLE IV SECTIONS 2, 3, AND 4 OF THE BYLAWS TO REFLECT THE APPROVAL OF THE CHANGE MADE IN JULY 2018 TO SUSPEND PPA CHARITIES OPERATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PRIOR TO FILING, THE ORGANIZATION'S FORM 990 IS REVIEWED BY THE TREASURER. THOSE ON THE GOVERNING BODY MAY REQUEST TO REVIEW THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD MEMBERS ARE REQUIRED TO REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION PURCHASES SALARY DATA TO COMPARE COMPENSATION LEVELS TO THAT OF SIMILAR ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION PURCHASES SALARY DATA TO COMPARE COMPENSATION LEVELS TO THAT OF SIMILAR ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8PRIOR YEAR AUDIT ADJUSTMENT 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1INSURANCE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0PPA PUBLICATIONS & EVENTS INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1PROF PHOTO OF AMER LIAB TRUST
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0PROF PHOTOGRAHERS OF AMERICA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1PPA SCHOOL OF PROF PHOTOGRAPHY
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1EDUCATION
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