Civic Intelligence

Credit Inc

990EZ • Fiscal year 2017 • EIN 13-3790222

Apr 01, 2016 to Mar 31, 2017 • Filed on Feb 15, 2018

Organization ProfileWWW.SOBRO.ORG
555 Bergen AvenueBronx, NY 10455

(718) 292-3113

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$113,385

Flat from 2017

Net Assets

Down

$58,663

Down $13,320 (-19%) from 2017

Liabilities

Up

$54,722

Up $13,320 (+32%) from 2017

Revenue And Expenses

Revenue

Down

$69,282

Down $13,320 (-16%) from 2017

Expenses

Flat

$64,341

Flat from 2017

Net Income

Down

$4,941

Down $13,320 (-73%) from 2017

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2010: $60,625Liabilities 2010: $65,216Net Assets 2010: -$4,5912010Assets 2012: $64,351Liabilities 2012: $67,884Net Assets 2012: -$3,5332012Assets 2013: $105,860Liabilities 2013: $91,2142013Assets 2015: $141,227Liabilities 2015: $106,127Net Assets 2015: $35,1002015Assets 2016: $118,404Liabilities 2016: $64,682Net Assets 2016: $53,7222016Assets 2017: $113,385Liabilities 2017: $54,722Net Assets 2017: $58,6632017Assets 2017: $113,385Liabilities 2017: $41,402Net Assets 2017: $71,9832017Assets 2018: $96,238Liabilities 2018: $58,943Net Assets 2018: $37,2952018Assets 2019: $41,060Liabilities 2019: $50,943Net Assets 2019: -$9,8832019Assets 2020: $24,200Liabilities 2020: $50,400Net Assets 2020: -$26,2002020Assets 2021: $71,247Liabilities 2021: $11,312Net Assets 2021: $59,9352021Assets 2022: $79,171Liabilities 2022: $62,605Net Assets 2022: $16,5662022Assets 2023: $78,931Liabilities 2023: $104,849Net Assets 2023: -$25,9182023

Highlighted filing

2017

Assets$113,385
Liabilities$54,722
Net Assets$58,663
Open 2017 Filing

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2010: $2,302Expenses 2010: $7,044Net Income 2010: -$4,7422010Revenue 2012: $34,393Expenses 2012: $33,340Net Income 2012: $1,0532012Revenue 2013: $33,057Expenses 2013: $14,878Net Income 2013: $18,1792013Revenue 2015: $100,940Expenses 2015: $77,874Net Income 2015: $23,0662015Revenue 2016: $93,774Expenses 2016: $75,152Net Income 2016: $18,6222016Revenue 2017: $69,282Expenses 2017: $64,341Net Income 2017: $4,9412017Revenue 2017: $82,602Expenses 2017: $64,341Net Income 2017: $18,2612017Revenue 2018: $48,954Expenses 2018: $40,121Net Income 2018: $8,8332018Revenue 2019: $54,200Expenses 2019: $101,378Net Income 2019: -$47,1782019Revenue 2020: $0Expenses 2020: $8,798Net Income 2020: -$8,7982020Revenue 2021: $50,000Expenses 2021: $12,669Net Income 2021: $37,3312021Revenue 2022: $25,000Expenses 2022: $68,369Net Income 2022: -$43,3692022Revenue 2023: $0Expenses 2023: $42,485Net Income 2023: -$42,4852023

Highlighted filing

2017

Revenue$69,282
Expenses$64,341
Net Income$4,941
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2016 to Mar 31, 2017
Signed
Feb 15, 2018
Return Version
2016v3.0
Gross Receipts
$69,282
Mission and Program Overview

Mission

Credit inc's primary function is to facilitate capital and financial services for organizations, minority and female entrepreneurs and other businesses that, due to their location in a distressed or low-income community, are not adequately served by mainstream financial institutions, thereby enabling them to succeed and thrive.

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
CREDIT , INC. FACILITATES CAPITAL AND FINANCIAL SERVICES FOR LOW-INCOME COMMUNITY RESIDENTS, ORGANIZATIONS AND OTHER BUSINESSES.-$64,341
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
AYCA ERGENEMANVice Chairman-$0--
CHRISTIE ALCIDTreasurer/CFO-$0--
JEAN SMITHMember-$0--
NATHANIEL MONTGOMERYSecretary-$0--
NEIL PARISERMember-$0--
STEVEN BROWNPresident-$0--
Filing and Contact Details

Filer

Filer Name
Credit Inc
EIN
13-3790222
Phone
7182923113
Address
555 BERGEN AVENUE, Bronx, NY 10455

Signing Officer

Name
Steven Brown
Title
President
Signed
2018-02-15
Discuss with paid preparer
No
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

“Depreciation 1,836”

Form 990-EZ, Part I, Line 16, Other Expenses

“Communication and consumable supplies 1,126”

Form 990-EZ, Part I, Line 16, Other Expenses

“INTEREST 760”

Form 990-EZ, Part I, Line 16, Other Expenses

“Administrative fees 4,670”

Form 990-EZ, Part I, Line 16, Other Expenses

“BAD DEBT 25,315”

Form 990-EZ, Part II, Line 26, Liabilities

“Beginning of year 0, End of year 54,722”

Raw XML Appendix162 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/PersonNm0CHRISTIE ALCID
IRS990EZ/BooksInCareOfDetail/PhoneNum07182923113
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0555 BERGEN AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BRONX
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010455
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt020560
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt013028
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt060000
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt04941
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt026417
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0118404
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0113385
IRS990EZ/GrossReceiptsAmt069282
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt09282
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt053722
IRS990EZ/NetAssetsOrFundBalancesEOYAmt058663
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt053722
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt058663
IRS990EZ/OccupancyRentUtltsAndMaintAmt04217
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5000.30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0AYCA ERGENEMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CHRISTIE ALCID
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JEAN SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3NATHANIEL MONTGOMERY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4NEIL PARISER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5STEVEN BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0VICE CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER/CFO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt097844
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0100357
IRS990EZ/OtherExpensesTotalAmt033707
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SEE SCHEDULE O
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CREDIT , INC. FACILITATES CAPITAL AND FINANCIAL SERVICES FOR LOW-INCOME COMMUNITY RESIDENTS, ORGANIZATIONS AND OTHER BUSINESSES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt064341
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt064682
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt054722
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt064341
IRS990EZ/TotalProgramServiceExpensesAmt064341
IRS990EZ/TotalRevenueAmt069282
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.SOBRO.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt060000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt090000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt040000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt035000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt031957
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0256957
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03774
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02227
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01069
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0500
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt07570
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt09282
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt057813
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0600
IRS990ScheduleA/OtherIncome170Grp/TotalAmt067695
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.37280
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportPY170Pct00.32690
IRS990ScheduleA/PublicSupportTotal170Amt0123851
IRS990ScheduleA/SubstantialContributorsTotAmt0133106
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt060000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt090000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt040000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt035000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt031957
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0256957
IRS990ScheduleA/TotalSupportAmt0332222
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/ExplanationTxt0Depreciation 1,836
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMMUNICATION AND CONSUMABLE SUPPLIES 1,126
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INTEREST 760
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ADMINISTRATIVE FEES 4,670
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BAD DEBT 25,315
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Beginning of year 0, End of year 54,722
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVEN BROWN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-02-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CREDIT INC
ReturnHeader/Filer/BusinessNameControlTxt0CRED
ReturnHeader/Filer/EIN0133790222
ReturnHeader/Filer/PhoneNum07182923113
ReturnHeader/Filer/USAddress/AddressLine1Txt0555 BERGEN AVENUE
ReturnHeader/Filer/USAddress/CityNm0Bronx
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010455
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId02FD70D2FD2C47A6C11F7F48A19F0D429A4CF4115
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09F270873F5F26800810FACA9D18D52BF64B054D5
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt072.248.189.98
ReturnHeader/FilingSecurityInformation/IPDt02018-02-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm014:02:09
ReturnHeader/ReturnTs02018-02-15T01:45:56-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-04-01
ReturnHeader/TaxPeriodEndDt02017-03-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$113,385
Liabilities
$54,722
Net assets
$58,663
Revenue
$69,282
Expenses
$64,341
Net income
$4,941
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.79$1.05$0.26$0.00$0.42$0.42
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.63$0.17$0.25$0.68$0.43
2021Detailed filing. Detailed filing data is available for this year.$0.71$0.11$0.60$0.50$0.13$0.37
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.24$0.50$0.26$0.00$0.09$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.41$0.51$0.10$0.54$1.01$0.47
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.96$0.59$0.37$0.49$0.40$0.09
2017Detailed filing. Detailed filing data is available for this year.$1.13$0.55$0.59$0.69$0.64$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.13$0.41$0.72$0.83$0.64$0.18
2016Detailed filing. Detailed filing data is available for this year.$1.18$0.65$0.54$0.94$0.75$0.19
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.41$1.06$0.35$1.01$0.78$0.23
2013Summary only. Only limited summary data is available for this year.$1.06$0.91$0.33$0.15$0.18
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.64$0.68$0.04$0.34$0.33$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.61$0.65$0.05$0.02$0.07$0.05