Civic Intelligence

Pico Union Project Inc.

990 • Fiscal year 2020 • EIN 81-2010806

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 12, 2021

1153 Valencia StLos Angeles, CA 90015

(818) 760-1077

Siviq Scores

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

Liabilities / Assets

40th percentile

0.01x

Higher debt load relative to assets than 40% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

35th percentile

0.01x

Higher debt load relative to revenue than 35% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

76th percentile

25%

Higher net margin than 76% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

57th percentile

$20,670

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

80th percentile

42%

Faster asset growth than 80% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

83rd percentile

40%

Faster revenue growth than 83% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$458,328

Up $135,838 (+42%) from 2019

Net Assets

Up

$452,081

Up $163,355 (+57%) from 2019

Liabilities

Down

$6,247

Down $27,517 (-81%) from 2019

Revenue

Up

$750,540

Up $215,116 (+40%) from 2019

Expenses

Up

$562,760

Up $76,902 (+16%) from 2019

Net Income

Up

$187,780

Up $138,214 (+279%) from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2016: $154,358Liabilities 2016: $353Net Assets 2016: $154,0052016Assets 2017: $177,567Liabilities 2017: $3,801Net Assets 2017: $173,7662017Assets 2018: $214,735Liabilities 2018: $0Net Assets 2018: $214,7352018Assets 2019: $322,490Liabilities 2019: $33,764Net Assets 2019: $288,7262019Assets 2020: $458,328Liabilities 2020: $6,247Net Assets 2020: $452,0812020Assets 2021: $561,411Liabilities 2021: $10,644Net Assets 2021: $550,7672021Assets 2022: $438,114Liabilities 2022: $6,373Net Assets 2022: $431,7412022Assets 2023: $406,141Liabilities 2023: $6,782Net Assets 2023: $399,3592023Assets 2024: $534,166Liabilities 2024: $9,499Net Assets 2024: $524,6672024

Highlighted filing

2020

Assets$458,328
Liabilities$6,247
Net Assets$452,081

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2016: $407,098Expenses 2016: $253,093Net Income 2016: $154,0052016Revenue 2017: $568,763Expenses 2017: $549,002Net Income 2017: $19,7612017Revenue 2018: $507,375Expenses 2018: $466,406Net Income 2018: $40,9692018Revenue 2019: $535,424Expenses 2019: $485,858Net Income 2019: $49,5662019Revenue 2020: $750,540Expenses 2020: $562,760Net Income 2020: $187,7802020Revenue 2021: $741,388Expenses 2021: $657,688Net Income 2021: $83,7002021Revenue 2022: $709,225Expenses 2022: $832,129Net Income 2022: -$122,9042022Revenue 2023: $719,410Expenses 2023: $746,460Net Income 2023: -$27,0502023Revenue 2024: $1,048,535Expenses 2024: $941,885Net Income 2024: $106,6502024

Highlighted filing

2020

Revenue$750,540
Expenses$562,760
Net Income$187,780
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 12, 2021
Return Version
2020v4.0
Gross Receipts
$750,540
Mission and Program Overview

Mission

The Organization views its mission as dedicated to the Jewish principle to love your neighbor as yourself. The Company elevates this teaching into practice in an historic building by bringing diverse cultures together through song, story, art, food, and prayer.

The Organization is dedicated to helping reinvigorate the Pico Union community of Los Angeles by offering space for religious worship by all faiths, performing arts, and community activities. These activities are intended to reduce neighborhood tensions and combat prejudice and discrimination by promoting interfaith dialogue and community amongst the diverse ethnic and religious groups of Los Angeles. The Company will provide a facility for these services by leasing and operating the oldest synagogue in Los Angeles.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$288,726$452,081▲ $163,355
Land, Buildings, and Equipment, Net$268,574$259,954▼ $8,620
Cash and Non-Interest-Bearing Accounts$17,374$183,874▲ $166,500
Accounts Receivable$29,047$0▼ $29,047
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$322,490$458,328▲ $135,838
Other Assets Total$7,495$14,500▲ $7,005
Liabilities
Other Liabilities$29,142$6,247▼ $22,895
Accounts Payable and Accrued Expenses$4,622--
Total Liabilities$33,764$6,247▼ $27,517
Net Assets / Fund Balance
Total Net Assets Fund Balance$288,726$452,081▲ $163,355
Total Liabilities and Net Assets / Fund Balance$322,490$458,328▲ $135,838

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$257,137$17,723$274,860
Equipment$1,669$5,525$7,194
Other Land Buildings$1,148$2,528$3,676
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Louise TaubmanTreasurerPT$20,670$20,670

Board Members and Trustees

NameTitle
Craig TaubmanPresident
Vicki NussbaumBoard Director
Richard FoosBoard Member
Laura OzerDirector
Stuart K RobinsonDirector
Dan WolfSecretary
Yechiel HoffmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$605,107
Program Service Revenue
$145,433
Investment Income
$0
Other Revenue
$0
All Other Contributions
$522,007
Change in Net Assets
$187,780
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$470,126
Salaries, Compensation, and Employee Benefits$92,634
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$127,912$14,212-$142,124
Other Salaries and Wages$64,262--$64,262
Insurance$13,016$40,108-$53,124
All Other Expenses$33,299$10,909-$44,208
Current Officers, Directors, Trustees, and Key Employees$15,503$5,168-$20,671
Fees for Services Other-$20,041-$20,041
Fees for Services Accounting$17,601$1,955-$19,556
Office Expenses-$10,283-$10,283
Depreciation Depletion$7,758$862-$8,620
Payroll Taxes$5,006$2,695-$7,701
Other Expenses$7,220$12,009-$7,220
Total Functional Expenses$440,833$121,927$0$562,760
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
CC Accounts$5,233
Payroll Liabilities$1,014
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
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, Part VI, Line 11B: Form 990 Review Process

Form 990 is reviewed by the president prior to submission.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Every time there is a policy or fiduciary issue at hand, such as approving the budget, making major programming decisions, we review for potential conflicts with the decision makers.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Copies of documents are provided upon a written request submitted to the President. A written request is also required for inspection of documents at the office of the organization.

Filing and Contact Details

Filer

Filer Name
Pico Union Project Inc
EIN
81-2010806
Phone
8187601077
Address
1153 Valencia St, Los Angeles, CA 90015

Signing Officer

Name
Craig Taubman
Title
President
Signed
2021-08-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Craig Taubman
Formed
2016
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
9
Employees
4
Volunteers
200

Preparer

Firm
Foumberg Juneja Rocher & Co Pc
Address
10220 RIVERSIDE DR SUITE B, TOLUCA LAKE, CA 91602
Preparer
Thomas A Engell
Phone
3235569200
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

Opening accounts payable = $4622

Other Changes In Net Assets Or Fund Balances - Other Decreases

Opening accounts receivable = -$29047

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IRS990/MissionDesc0The Organization views its mission as dedicated to the Jewish principle to love your neighbor as yourself. The Company elevates this teaching into practice in an historic building by bringing diverse cultures together through song, story, art, food, and prayer. During the Pandemic the Pico Union area became one of the largest epicenters in Los Angeles. The Pico Union Project became a distribution site twice a week distributing fresh fruit and vegetables, PPE supplies, books, art supplies and other household items to ensure the community can stay safe and healthy. The Pico Union has continued this effort through today.
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Craig Taubman
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0Programs
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0145433
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0145433
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0261326
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0388192
IRS990/PYProgramServiceRevenueAmt0274098
IRS990/PYRevenuesLessExpensesAmt049566
IRS990/PYSalariesCompEmpBnftPaidAmt097666
IRS990/PYTotalExpensesAmt0485858
IRS990/PYTotalRevenueAmt0535424
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0187780
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0149031
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0288726
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0452081
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0586107
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0261326
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0203738
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0382955
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0198042
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01632168
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/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt01632168
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0586107
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0261326
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0203738
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0382955
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0198042
IRS990ScheduleA/Total509Grp/TotalAmt01632168
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0586107
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0261326
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0203738
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0382955
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0198042
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01632168
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
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt01669
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05525
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07194
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0257137
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt017723
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0274860
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01148
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02528
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03676
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05233
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11014
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CC Accounts
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0259954
IRS990ScheduleD/TotalLiabilityAmt06247
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt014499
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0CRAIG & CO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0FIXTURES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt014499
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0CONTROLLED
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt014499
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY THE PRESIDENT PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EVERY TIME THERE IS A POLICY OR FIDUCIARY ISSUE AT HAND, SUCH AS APPROVING THE BUDGET, MAKING MAJOR PROGRAMMING DECISIONS, WE REVIEW FOR POTENTIAL CONFLICTS WITH THE DECISION MAKERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Copies of documents are provided upon a written request submitted to the President. A written request is also required for inspection of documents at the office of the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OPENING ACCOUNTS PAYABLE = $4622
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OPENING ACCOUNTS RECEIVABLE = -$29047
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Changes In Net Assets Or Fund Balances - Other Decreases
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0322490
IRS990/TotalAssetsEOYAmt0458328
IRS990/TotalAssetsGrp/BOYAmt0322490
IRS990/TotalAssetsGrp/EOYAmt0458328
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0605107
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0121927
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0440833
IRS990/TotalFunctionalExpensesGrp/TotalAmt0562760
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt033764
IRS990/TotalLiabilitiesEOYAmt06247

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