Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
29th percentile
Higher net margin than 29% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
12th percentile
Faster asset growth than 12% of similar nonprofits.
Revenue Growth
14th percentile
Faster revenue growth than 14% of similar nonprofits.
Balance Sheet
Assets
Down$7,612
Down $5,200 (-41%) from 2021
Net Assets
Down$7,612
Down $5,200 (-41%) from 2021
Liabilities
-
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Down$71,294
Down $49,493 (-41%) from 2021
Expenses
Down$76,494
Down $37,163 (-33%) from 2021
Net Income
Down-$5,200
Down $12,330 (-173%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Aug 9, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $71,294
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
| Description | Grants | Expenses |
|---|---|---|
| CREDO IS AN ACRONYM FOR "CATHOLIC RENEWAL, ENRICHMENT AND DEVELOPMENT ORGANIZATION".IN 2022 CREDO SERVED THE COMMUNITY BY PROVIDING GRANTS FOR THE FOLLOWING ACTIVITIES:- CATHOLIC RETREATS- CHILDREN'S CATHOLIC EDUCATION CLASSES- CAMPUS MINISTRIES- MONTHLY CATHOLIC LEADERSHIP MEETINGS- HEALTH CARE FINANCIAL AID FOR CRITICALLY ILL PARENTS- MONTHLY RENT SUPPORT FOR 11 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 | $20,250 | $75,624 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JOHN MCDONNELL | President | - | $0 | - | - |
| Randinne McDonnell | Secretary/Treas | - | $0 | - | - |
| MARY KYNE | Vice 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
- 2023-08-09
- 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 $5,000.4
“Class of Activity: rent and utility support | Donee's Name: 11 FAMILIES | Donee's Address: NOT APPLICABLE NOT APPLICABLE CA 92084 | Relationship of Donee: NONE | Cash Amount Given: $55374”
Grants and Similar Amounts Paid In Excess of $5,000.5
“| Donee's Name: BRIDGE TO RECOVERY | Donee's Address: 1437 OLD SQUARE RD #101 JACKSON MS 39211 | Relationship of Donee: NONE | Cash Amount Given: $9900”
Grants and Similar Amounts Paid In Excess of $5,000.7
“| Donee's Name: FRIENDS OF CATHOLIC CHRISTIAN OUTREACH | Donee's Address: 1500 K STREET NW STE 1100 WASHINGTON DC 20005 | Cash Amount Given: $5350”
Other Expenses.1
“Filing & compliance fees $20”
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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | CREDO INC |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7604152546 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1586 MESA VERDE DR VISTA CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | VISTA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 920845321 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 12812 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 7612 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 71294 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -5200 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 850 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 12812 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 7612 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 75624 |
| IRS990EZ/GrossReceiptsAmt | 0 | 71294 |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 12812 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 7612 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 12812 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 7612 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JOHN MCDONNELL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Randinne McDonnell |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | MARY KYNE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Secretary/Treas |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Vice President |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 20 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | 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. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | CREDO IS AN ACRONYM FOR "CATHOLIC RENEWAL, ENRICHMENT AND DEVELOPMENT ORGANIZATION".IN 2022 CREDO SERVED THE COMMUNITY BY PROVIDING GRANTS FOR THE FOLLOWING ACTIVITIES:- CATHOLIC RETREATS- CHILDREN'S CATHOLIC EDUCATION CLASSES- CAMPUS MINISTRIES- MONTHLY CATHOLIC LEADERSHIP MEETINGS- HEALTH CARE FINANCIAL AID FOR CRITICALLY ILL PARENTS- MONTHLY RENT SUPPORT FOR 11 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 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 20250 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 75624 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 76494 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 75624 |
| IRS990EZ/TotalRevenueAmt | 0 | 71294 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 71294 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 120395 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 27331 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 29103 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 27972 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 276095 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.65140 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.62410 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 179856 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 96239 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 71294 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 120395 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 27331 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 29103 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 27972 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 276095 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 276095 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Class of Activity: rent and utility support | Donee's Name: 11 FAMILIES | Donee's Address: NOT APPLICABLE NOT APPLICABLE CA 92084 | Relationship of Donee: NONE | Cash Amount Given: $55374 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | | Donee's Name: BRIDGE TO RECOVERY | Donee's Address: 1437 OLD SQUARE RD #101 JACKSON MS 39211 | Relationship of Donee: NONE | Cash Amount Given: $9900 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | | Donee's Name: FRIENDS OF CATHOLIC CHRISTIAN OUTREACH | Donee's Address: 1500 K STREET NW STE 1100 WASHINGTON DC 20005 | Cash Amount Given: $5350 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | FILING & COMPLIANCE FEES $20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Grants and Similar Amounts Paid In Excess of $5,000.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Grants and Similar Amounts Paid In Excess of $5,000.5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Grants and Similar Amounts Paid In Excess of $5,000.7 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd | 0 | FAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 3 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JOHN MCDONNELL |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-08-09 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | CREDO INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CRED |
| ReturnHeader/Filer/EIN | 0 | 237300058 |
| ReturnHeader/Filer/PhoneNum | 0 | 7604152546 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1586 MESA VERDE DR |
| ReturnHeader/Filer/USAddress/CityNm | 0 | VISTA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 92084 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 320076871 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Magnus Blue LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 100 E San Marcos Blvd Ste 100 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | San Marcos |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 92069 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7605999900 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JESSICA M DORSETT |
| ReturnHeader/ReturnTs | 0 | 2023-08-09T15:26:19-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | JOHN |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | MCDONNELL |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $7,612
- Liabilities
- -
- Net assets
- $7,612
- Revenue
- $71,294
- Expenses
- $76,494
- Net income
- -$5,200