Civic Intelligence

Credo Inc

990EZ • Fiscal year 2021 • EIN 23-7300058

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 05, 2022

1586 Mesa Verde DrVista, CA 92084

(760) 415-2546

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2021

Net Margin

46th percentile

5.9%

Higher net margin than 46% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Assets

$12,812

No earlier filing loaded for comparison.

Net Assets

$12,812

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

$120,787

No earlier filing loaded for comparison.

Expenses

$113,657

No earlier filing loaded for comparison.

Net Income

$7,130

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$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

2021

Assets$12,812
Liabilities-
Net Assets$12,812

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2021

Revenue$120,787
Expenses$113,657
Net Income$7,130
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 5, 2022
Return Version
2021v4.0
Gross Receipts
$120,787
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".IN 2021 CREDO SERVED THE COMMUNITY BY PROVIDING GRANTS FOR THE FOLLOWING ACTIVITIES:- CATHOLIC RETREATS- CHILDREN'S CATHOLIC EDUCATION CLASSES- VACATION BIBLE CAMP- MONTHLY CATHOLIC LEADERSHIP MEETINGS- HEALTH CARE FINANCIAL AID FOR CRITICALLY ILL PARENTS- MONTHLY RENT SUPPORT FOR 5 FAMILIES- EMERGENCY RENT AND UTILITY PAYMENT ASSISTANCE- CHRISTMAS AID FOR NEEDY FAMILIES- EMERGENCY CAR REPAIR AID- GAS CARDS FOR TRANSPORTATION TO HOSPITAL- EMERGENCY FOOD FOR NEEDY FAMILIES$113,600$113,600
Compensation and Service Providers

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
2022-10-05
Discuss with paid preparer
Yes

Preparer

Firm
Polito Eppich Associates LLP
Address
100 E San Marcos Blvd 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: PMT FOR LODGING | Donee's Name: LIFE RESTORATION MINISTRIES | Donee's Address: PO BOX 13043 ABBOTSFORD BRITISH COLUMBIA V2T0C4 Canada | Relationship of Donee: NONE | Cash Amount Given: $11000

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

Class of Activity: student trip to Rome | Donee's Name: JMJ YOUTH PILGRIMAGES | Donee's Address: 1176 TRES NIVOS CORTE VISTA CA 92084 | Relationship of Donee: NONE | Cash Amount Given: $20000

Grants and Similar Amounts Paid In Excess of $5,000.3

Class of Activity: support youth retreat exp | Donee's Name: CATHOLIC CHRISTIAN OUTREACH | Donee's Address: PO BOX 79030 OTTANA ONTARIO K1K 4H4 Canada | Relationship of Donee: NONE | Cash Amount Given: $10000

Grants and Similar Amounts Paid In Excess of $5,000.4

Class of Activity: rent and utility support | Donee's Name: 18 FAMILIES | Donee's Address: NOT APPLICABLE NOT APPLICABLE CA 92084 | Relationship of Donee: NONE | Cash Amount Given: $72600

Other Expenses.1002

Office Expenses $57

Raw XML Appendix149 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Class of Activity: PMT FOR LODGING | Donee's Name: LIFE RESTORATION MINISTRIES | Donee's Address: PO BOX 13043 ABBOTSFORD BRITISH COLUMBIA V2T0C4 Canada | Relationship of Donee: NONE | Cash Amount Given: $11000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Class of Activity: student trip to Rome | Donee's Name: JMJ YOUTH PILGRIMAGES | Donee's Address: 1176 TRES NIVOS CORTE VISTA CA 92084 | Relationship of Donee: NONE | Cash Amount Given: $20000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Class of Activity: support youth retreat exp | Donee's Name: CATHOLIC CHRISTIAN OUTREACH | Donee's Address: PO BOX 79030 OTTANA ONTARIO K1K 4H4 Canada | Relationship of Donee: NONE | Cash Amount Given: $10000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Class of Activity: rent and utility support | Donee's Name: 18 FAMILIES | Donee's Address: NOT APPLICABLE NOT APPLICABLE CA 92084 | Relationship of Donee: NONE | Cash Amount Given: $72600
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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
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ReturnHeader/Filer/EIN0237300058
ReturnHeader/Filer/PhoneNum07604152546
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092069
ReturnHeader/PreparerPersonGrp/PhoneNum07605999900
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JESSICA M DORSETT
ReturnHeader/ReturnTs02022-10-05T11:03:37-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOHN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MCDONNELL
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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