Civic Intelligence

Credo Inc

EIN 23-7300058 • 501(c)3 • Vista, CA

Profile

To encourage, renew and develop in our community understanding and personal enrichment in and through the word of jesus christ and to assist families in need.

1586 Mesa Verde DrVista, CA 92084

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2022

Net Margin

33rd percentile

-7.3%

Higher net margin than 33% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

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.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

20th percentile

-41%

Faster asset growth than 20% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

20th percentile

-41%

Faster revenue growth than 20% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$3,531

Up $1,301 (+58%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$3,531

Up $1,301 (+58%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin33rd percentile

Revenue

Up

$64,958

Up $10,711 (+20%) from 2023

Expenses

Up

$63,657

Up $4,028 (+6.8%) from 2023

Net Income

Up

$1,301

Up $6,683 (+124%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth20th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15K$10K$5.0K$0Assets 2021: $12,812Net Assets 2021: $12,8122021Assets 2022: $7,612Net Assets 2022: $7,6122022Assets 2023: $2,230Net Assets 2023: $2,2302023Assets 2024: $3,531Net Assets 2024: $3,5312024

Highlighted filing

2024

Assets$3,531
Liabilities-
Net Assets$3,531
Open 2024 Filing

Operations Trend

Revenue Growth20th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2021: $120,787Expenses 2021: $113,657Net Income 2021: $7,1302021Revenue 2022: $71,294Expenses 2022: $76,494Net Income 2022: -$5,2002022Revenue 2023: $54,247Expenses 2023: $59,629Net Income 2023: -$5,3822023Revenue 2024: $64,958Expenses 2024: $63,657Net Income 2024: $1,3012024

Highlighted filing

2024

Revenue$64,958
Expenses$63,657
Net Income$1,301
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,531
Liabilities
-
Net assets
$3,531
Revenue
$64,958
Expenses
$63,657
Net income
$1,301
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.04$0.04$0.65$0.64$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.02$0.02$0.54$0.60$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.08$0.08$0.71$0.76$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.13$0.13$1.21$1.14$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 7, 2025
Return Version
2024v5.1
Gross Receipts
$64,958
Mission and Program Overview

Mission

To encourage, renew and develop in our community understanding and personal enrichment in and through the word of jesus christ and to assist families in need.

Program Services

DescriptionGrantsExpenses
CREDO IS AN ACRONYM FOR "CATHOLIC RENEWAL, ENRICHMENT AND DEVELOPMENT ORGANIZATION".During the year 2024, support went to assist 7 families in need. CREDO provided financial assistance for: rent, utilities, car repair, medicine and medical expenses, clothing, transportation to medical appointments, college expenses, religious education, and training supplies for health clinic volunteers. The majority of financial expenditures provided rent, utilities and medical aid for families out of work.$63,277$63,277
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN MCDONNELLPresident-$0--
Randinne McDonnellSecretary/Treas-$0--
MARY KYNEVice President-$0--
Filing and Contact Details

Filer

Filer Name
Credo Inc
EIN
23-7300058
Phone
7604152546
Address
1586 MESA VERDE DR, VISTA, CA 92084

Signing Officer

Name
John Mcdonnell
Title
President
Signed
2025-05-07
Discuss with paid preparer
Yes

Preparer

Firm
Magnus Blue LLP
Address
100 E San Marcos Blvd Ste 100, San Marcos, CA 92069
Preparer
Jessica M Dorsett
Phone
7605999900
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

“Class of Activity: rent and utility support | Donee's Name: 7 FAMILIES | Donee's Address: NOT APPLICABLE NOT APPLICABLE CA 92084 | Relationship of Donee: NONE | Cash Amount Given: $58232”

Grants and Similar Amounts Paid In Excess of $5,000.2

“Class of Activity: DONATION | Donee's Name: ST JOSEPH ACADEMY | Donee's Address: 500 LAS FLORES DR SAN MARCOS CA 92078 | Relationship of Donee: NONE | Cash Amount Given: $5045”

Other Expenses.1

“Filing & compliance fees $20”

Other Expenses.2

“BANK FEES $10”

Raw XML Appendix143 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/PersonNm0CREDO INC
IRS990EZ/BooksInCareOfDetail/PhoneNum07604152546
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01586 MESA VERDE DR VISTA CA
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0VISTA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0920845321
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt02230
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt03531
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt064958
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01301
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0350
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt02230
IRS990EZ/Form990TotalAssetsGrp/EOYAmt03531
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt063277
IRS990EZ/GrossReceiptsAmt064958
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt02230
IRS990EZ/NetAssetsOrFundBalancesEOYAmt03531
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt02230
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt03531
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt04.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOHN MCDONNELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Randinne McDonnell
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARY KYNE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary/Treas
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt030
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO ENCOURAGE, RENEW AND DEVELOP IN OUR COMMUNITY UNDERSTANDING AND PERSONAL ENRICHMENT IN AND THROUGH THE WORD OF JESUS CHRIST AND TO ASSIST FAMILIES IN NEED.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CREDO IS AN ACRONYM FOR "CATHOLIC RENEWAL, ENRICHMENT AND DEVELOPMENT ORGANIZATION".During the year 2024, support went to assist 7 families in need. CREDO provided financial assistance for: rent, utilities, car repair, medicine and medical expenses, clothing, transportation to medical appointments, college expenses, religious education, and training supplies for health clinic volunteers. The majority of financial expenditures provided rent, utilities and medical aid for families out of work.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt063277
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt063277
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt063657
IRS990EZ/TotalProgramServiceExpensesAmt063277
IRS990EZ/TotalRevenueAmt064958
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt064958
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt054247
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt071294
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0120395
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt027331
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0338225
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.53930
IRS990ScheduleA/PublicSupportPY170Pct00.56570
IRS990ScheduleA/PublicSupportTotal170Amt0182414
IRS990ScheduleA/SubstantialContributorsTotAmt0155811
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt064958
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt054247
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt071294
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0120395
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt027331
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0338225
IRS990ScheduleA/TotalSupportAmt0338225
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ExplanationTxt0Class of Activity: rent and utility support | Donee's Name: 7 FAMILIES | Donee's Address: NOT APPLICABLE NOT APPLICABLE CA 92084 | Relationship of Donee: NONE | Cash Amount Given: $58232
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Class of Activity: DONATION | Donee's Name: ST JOSEPH ACADEMY | Donee's Address: 500 LAS FLORES DR SAN MARCOS CA 92078 | Relationship of Donee: NONE | Cash Amount Given: $5045
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FILING & COMPLIANCE FEES $20
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BANK FEES $10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Grants and Similar Amounts Paid In Excess of $5,000.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.2
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN MCDONNELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CREDO INC
ReturnHeader/Filer/BusinessNameControlTxt0CRED
ReturnHeader/Filer/EIN0237300058
ReturnHeader/Filer/PhoneNum07604152546
ReturnHeader/Filer/USAddress/AddressLine1Txt01586 MESA VERDE DR
ReturnHeader/Filer/USAddress/CityNm0VISTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092084
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0320076871
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Magnus Blue LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0100 E San Marcos Blvd Ste 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0San Marcos
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092069
ReturnHeader/PreparerPersonGrp/PhoneNum07605999900
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JESSICA M DORSETT
ReturnHeader/ReturnTs02025-05-07T14:13:18-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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