Civic Intelligence

Pivotpoint Wnc

990 • Fiscal year 2022 • EIN 83-4241728

Jan 01, 2022 to Dec 31, 2022 • Filed on Jun 27, 2023

30 Cumberland Ave 103Asheville, NC 28801

(828) 560-3123

Siviq Scores

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

Liabilities / Assets

92nd percentile

1.29x

Higher debt load relative to assets than 92% of similar nonprofits.

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

Liabilities / Revenue

91st percentile

0.87x

Higher debt load relative to revenue than 91% of similar nonprofits.

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

Net Margin

14th percentile

-30%

Higher net margin than 14% of similar nonprofits.

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

Top Officer Pay

95th percentile

$71,868

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 26.1% of source-year revenue.

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

Asset Growth

89th percentile

118%

Faster asset growth than 89% of similar nonprofits.

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

Revenue Growth

43rd percentile

-4.8%

Faster revenue growth than 43% of similar nonprofits.

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

Assets

Up

$186,564

Up $101,071 (+118%) from 2021

Net Assets

Down

-$54,226

Down $83,639 (-284%) from 2021

Liabilities

Up

$240,790

Up $184,710 (+329%) from 2021

Revenue

Down

$275,871

Down $13,816 (-4.8%) from 2021

Expenses

Up

$359,887

Up $87,552 (+32%) from 2021

Net Income

Down

-$84,016

Down $101,368 (-584%) from 2021

Historical Trend

Balance Sheet Trend

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

$400K$200K$0-$200KAssets 2019: $44,710Liabilities 2019: $20,468Net Assets 2019: $24,2422019Assets 2020: $163,433Liabilities 2020: $144,220Net Assets 2020: $19,2132020Assets 2021: $85,493Liabilities 2021: $56,080Net Assets 2021: $29,4132021Assets 2022: $186,564Liabilities 2022: $240,790Net Assets 2022: -$54,2262022Assets 2023: $127,465Liabilities 2023: $221,450Net Assets 2023: -$93,9852023Assets 2024: $228,893Liabilities 2024: $322,507Net Assets 2024: -$93,6142024

Highlighted filing

2022

Assets$186,564
Liabilities$240,790
Net Assets-$54,226

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2019: $26,951Expenses 2019: $11,474Net Income 2019: $15,4772019Revenue 2020: $115,065Expenses 2020: $114,172Net Income 2020: $8932020Revenue 2021: $289,687Expenses 2021: $272,335Net Income 2021: $17,3522021Revenue 2022: $275,871Expenses 2022: $359,887Net Income 2022: -$84,0162022Revenue 2023: $543,219Expenses 2023: $582,977Net Income 2023: -$39,7582023Revenue 2024: $459,898Expenses 2024: $474,065Net Income 2024: -$14,1672024

Highlighted filing

2022

Revenue$275,871
Expenses$359,887
Net Income-$84,016
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 27, 2023
Return Version
2022v5.0
Gross Receipts
$275,871
Mission and Program Overview

Mission

The corporation is organized for the purpose of nurturing a culture ofconnection by raising funds so that low income individuals actively engaged in healing modalitiesand programs, as well as participants in similarly focused programs of healing and recovery canexperience the healing properties of the natural environment.

Pivotpoint wnc is organized for the purpose of nurturing a culture ofconnection by raising funds so that low income individuals actively engaged in healingmodalities and programs, as well as participants in similarly focused programs of healing andrecovery can experience the healing properties of the natural environment. Pivotpoint wnc will provide access to such programs which embrace nature as a containerfor such healing, enhancing the lives of people by promoting the connection and communitythrough experiential living.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$28,397$142,519▲ $114,122
Land, Buildings, and Equipment, Net$57,096$43,583▼ $13,513
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$29,413$-54,226▼ $83,639
Total Assets$85,493$186,564▲ $101,071
Other Assets Total-$462-
Liabilities
Deferred Revenue$23,759$188,135▲ $164,376
Unsecured Notes Loans Payable$31,038$27,019▼ $4,019
Accounts Payable and Accrued Expenses$1,283$25,636▲ $24,353
Total Liabilities$56,080$240,790▲ $184,710
Net Assets / Fund Balance
Total Net Assets Fund Balance$29,413$-54,226▼ $83,639
Total Liabilities and Net Assets / Fund Balance$85,493$186,564▲ $101,071

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$43,583$48,464$92,047
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Matthew B NannisExecutive DirectorFT$58,394$13,474$71,868

Board Members and Trustees

NameTitle
JOHN O'HEARNDirector
Jeremy FrenchDirector
Lawrence S NannisDirector
Nicole ShumateDirector
Patrick ArmitageDirector
Patrick BalseyDirector
Patrick CrudupDirector
Robert GoodaleDirector
Sandy NewesDirector
Tricia OsterbergerDirector
Kevin RumleySecretary and Director
Allison ChapmanTreasurer and Director
Revenue and Support

Revenue Composition

Contributions and Grants
$263,897
Program Service Revenue
$11,964
Investment Income
$10
Other Revenue
$0
All Other Contributions
$202,021
Change in Net Assets
$-84,016
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$225,016
Salaries, Compensation, and Employee Benefits$134,871
Total Fundraising Expense$23,478
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$83,754-$12,073$95,827
Current Officers, Directors, Trustees, and Key Employees-$71,868-$71,868
Other Salaries and Wages$53,736--$53,736
Insurance-$15,447-$15,447
Office Expenses-$14,372-$14,372
Travel-$14,261-$14,261
Depreciation Depletion$12,246$1,267-$13,513
Occupancy-$10,560-$10,560
Payroll Taxes$3,965$5,302-$9,267
All Other Expenses$3,423$4,492-$7,915
Conferences and Meetings-$6,862-$6,862
Advertising-$6,237-$6,237
Other Expenses$4,054-$11,405$4,054
Interest-$1,702-$1,702
Fees for Services Legal-$430-$430
Fees for Services Accounting-$216-$216
Total Functional Expenses$183,393$153,016$23,478$359,887
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

A board member, lawrence s. Nannis is the father of the executive director, matthew b. Nannis

Form 990, Part VI, Section B, Line 11B

No review of the 990 will be conducted by the board

Form 990, Part VI, Section C, Line 18

UPON REQUEST

Form 990, Part VI, Section C, Line 19

The organization will invite any member of the public to come to the offices and review the governing documents, conflict of interest policy and internal financial statments

Filing and Contact Details

Filer

Filer Name
Pivotpoint Wnc
EIN
83-4241728
Phone
8285603123
Address
30 CUMBERLAND AVE 103, ASHEVILLE, NC 28801

Signing Officer

Name
Matthew B Nannis
Title
Executive Director
Phone
8287488424
Signed
2023-06-27

Organization Details

Principal Officer
Matthew B Nannis
Formed
2019
Legal Domicile
Nc
Voting Board Members
13
Independent Board Members
12
Employees
3
Volunteers
12
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Facilitation fees: program service expenses 83,754. Management and general expenses 0. Fundraising expenses 0. Total expenses 83,754. Outside contractor: program service expenses 0. Management and general expenses 0. Fundraising expenses 10,648. Total expenses 10,648. Grant writer: program service expenses 0. Management and general expenses 0. Fundraising expenses 1,425. Total expenses 1,425.

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IRS990/ActivityOrMissionDesc0PIVOTPOINT WNC IS ORGANIZED FOR THE PURPOSE OF NURTURING A CULTURE OFCONNECTION BY RAISING FUNDS SO THAT LOW INCOME INDIVIDUALS ACTIVELY ENGAGED IN HEALINGMODALITIES AND PROGRAMS, AS WELL AS PARTICIPANTS IN SIMILARLY FOCUSED PROGRAMS OF HEALING ANDRECOVERY CAN EXPERIENCE THE HEALING PROPERTIES OF THE NATURAL ENVIRONMENT. PIVOTPOINT WNC WILL PROVIDE ACCESS TO SUCH PROGRAMS WHICH EMBRACE NATURE AS A CONTAINERFOR SUCH HEALING, ENHANCING THE LIVES OF PEOPLE BY PROMOTING THE CONNECTION AND COMMUNITYTHROUGH EXPERIENTIAL LIVING.
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IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MATTHEW B NANNIS
IRS990/PriorPeriodAdjustmentsAmt0377
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0NONE
IRS990/ProgSrvcAccomActy3Grp/Desc0NONE
IRS990/ProgSrvcAccomActyOtherGrp/Desc0NONE
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0270130
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0161734
IRS990/PYOtherRevenueAmt019557
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt017352
IRS990/PYSalariesCompEmpBnftPaidAmt0110601
IRS990/PYTotalExpensesAmt0272335
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0289687
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-84016
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0275861
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt029413
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-54226
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0263897
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0271847
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt099489
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt025000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0660233
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt010
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt010
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt037029
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01903
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01903
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0660233
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0263897
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0271847
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt099489
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt025000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0660233
IRS990ScheduleA/TotalSupportAmt0662146
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/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt043583
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt048464
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt092047
IRS990ScheduleD/TotalBookValueLandBuildingsAmt043583
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A BOARD MEMBER, LAWRENCE S. NANNIS IS THE FATHER OF THE EXECUTIVE DIRECTOR, MATTHEW B. NANNIS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW OF THE 990 WILL BE CONDUCTED BY THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION WILL INVITE ANY MEMBER OF THE PUBLIC TO COME TO THE OFFICES AND REVIEW THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND INTERNAL FINANCIAL STATMENTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FACILITATION FEES: PROGRAM SERVICE EXPENSES 83,754. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 83,754. OUTSIDE CONTRACTOR: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 10,648. TOTAL EXPENSES 10,648. GRANT WRITER: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 1,425. TOTAL EXPENSES 1,425.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt085493
IRS990/TotalAssetsEOYAmt0186564
IRS990/TotalAssetsGrp/BOYAmt085493
IRS990/TotalAssetsGrp/EOYAmt0186564
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0263897
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt023478
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0153016
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0183393
IRS990/TotalFunctionalExpensesGrp/TotalAmt0359887
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt056080
IRS990/TotalLiabilitiesEOYAmt0240790
IRS990/TotalLiabilitiesGrp/BOYAmt056080
IRS990/TotalLiabilitiesGrp/EOYAmt0240790
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt029413
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-54226
IRS990/TotalOtherCompensationAmt013474
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt011964
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt011964
IRS990/TotalProgramServiceExpensesAmt0183393
IRS990/TotalProgramServiceRevenueAmt011964
IRS990/TotalReportableCompFromOrgAmt058394
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt011974
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0275871
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt085493
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0186564
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt014261
IRS990/TravelGrp/TotalAmt014261
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt031038
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt027019
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt030 CUMBERLAND AVE 103
IRS990/USAddress/CityNm0ASHEVILLE
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028801
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0PIVOTPOINTWNC.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MATTHEW B NANNIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08287488424

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