Civic Intelligence

Austin Creative Reuse

990 • Fiscal year 2021 • EIN 27-1275644

Apr 01, 2020 to Mar 31, 2021 • Filed on Jan 19, 2022

2005 Wheless LnAustin, TX 78723

(512) 375-3041

Siviq Scores

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

Liabilities / Assets

84th percentile

0.24x

Higher debt load relative to assets than 84% of similar nonprofits.

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

Liabilities / Revenue

84th percentile

0.20x

Higher debt load relative to revenue than 84% of similar nonprofits.

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

Net Margin

23rd percentile

-11%

Higher net margin than 23% 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

53rd percentile

7.4%

Faster asset growth than 53% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

25th percentile

-31%

Faster revenue growth than 25% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$346,916

Up $24,048 (+7.4%) from 2020

Net Assets

Down

$262,873

Down $46,281 (-15%) from 2020

Liabilities

Up

$84,043

Up $70,329 (+513%) from 2020

Revenue

Down

$411,988

Down $187,558 (-31%) from 2020

Expenses

Down

$458,269

Down $98,586 (-18%) from 2020

Net Income

Down

-$46,281

Down $88,972 (-208%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2015: $36,894Liabilities 2015: $0Net Assets 2015: $36,8942015Assets 2016: $49,270Liabilities 2016: $2,297Net Assets 2016: $46,9732016Assets 2020: $322,868Liabilities 2020: $13,714Net Assets 2020: $309,1542020Assets 2021: $346,916Liabilities 2021: $84,043Net Assets 2021: $262,8732021Assets 2022: $308,181Liabilities 2022: $17,403Net Assets 2022: $290,7782022Assets 2023: $275,155Liabilities 2023: $18,668Net Assets 2023: $256,4872023Assets 2024: $300,529Liabilities 2024: $19,838Net Assets 2024: $280,6912024Assets 2025: $532,927Liabilities 2025: $19,296Net Assets 2025: $513,6312025

Highlighted filing

2021

Assets$346,916
Liabilities$84,043
Net Assets$262,873

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2015: $17,718Expenses 2015: $5,019Net Income 2015: $12,6992015Revenue 2016: $46,086Expenses 2016: $36,007Net Income 2016: $10,0792016Revenue 2020: $599,546Expenses 2020: $556,855Net Income 2020: $42,6912020Revenue 2021: $411,988Expenses 2021: $458,269Net Income 2021: -$46,2812021Revenue 2022: $893,427Expenses 2022: $865,522Net Income 2022: $27,9052022Revenue 2023: $948,629Expenses 2023: $982,920Net Income 2023: -$34,2912023Revenue 2024: $1,198,324Expenses 2024: $1,174,120Net Income 2024: $24,2042024Revenue 2025: $1,396,798Expenses 2025: $1,163,858Net Income 2025: $232,9402025

Highlighted filing

2021

Revenue$411,988
Expenses$458,269
Net Income-$46,281
Jump To
Filing Snapshot
Filing Period
Apr 1, 2020 to Mar 31, 2021
Signed
Jan 19, 2022
Return Version
2020v4.0
Gross Receipts
$411,988
Mission and Program Overview

Mission

Fostering conservation and reuse through creativity, education, and community building.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$292,090$210,037▼ $82,053
Prepaid Expenses and Deferred Charges$7,049$7,503▲ $454
Land, Buildings, and Equipment, Net$531$314▼ $217
Total Assets$322,868$346,916▲ $24,048
Other Assets Total$23,198$129,062▲ $105,864
Liabilities
Other Liabilities$13,714$84,043▲ $70,329
Total Liabilities$13,714$84,043▲ $70,329
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$298,330$252,049▼ $46,281
Net Assets With Donor Restrictions$10,824$10,824→ $0
Total Net Assets Fund Balance$309,154$262,873▼ $46,281
Total Liabilities and Net Assets / Fund Balance$322,868$346,916▲ $24,048

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$314$4,557-
Other Assets Org$20,472--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$144,016
Program Service Revenue
$250,389
Investment Income
$4
Other Revenue
$17,579
All Other Contributions
$54,601
Change in Net Assets
$-46,281
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$292,909
Other Expenses$165,360
Total Fundraising Expense$1,393
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$229,570$36,381-$265,951
Occupancy$79,612$18,952-$98,564
Payroll Taxes$23,010$3,948-$26,958
Fees for Services Other$6,829$7,234-$14,063
Insurance$7,550$1,207-$8,757
Information Technology$2,619$1,888$5$4,512
Other Expenses$1,651-$1,075$2,726
All Other Expenses$1,199$631$283$2,113
Office Expenses$1,080$46-$1,126
Advertising$440$320$30$790
Depreciation Depletion$217--$217
Total Functional Expenses$386,269$70,607$1,393$458,269
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$3,904
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Ppp Loan$73,204
Gift Card Liability$7,852
Security Deposit - Tenant$1,588
Sales Tax Payable$1,253
Payroll Liability$146
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The form 990 will be completed annually and copies will be provided to the entire governing board as well as the president of the organization. At that time, the president will review the form 990 with the audit committee. Any necessary changes will then be updated of the form. Once all necessary changes are made, and the president is in agreement with the audit committee on the finished form 990, it will be signed by the president, dated and submitted by the filing deadline. A copy of the approved form 990 will be provided to all of the officers, directors and trustees before the return is filed.

Form 990, Page 6, Part VI, Line 12C

The organization has a conflict of interest policy that addresses the consideration of potential conflicts of interest by the board of directors, committee members, key employees and their relatives. As per the policy, such persons must make disclosure of any potential conflicts of interest and must abstain from voting on any action in which they have an interest. The organization regulary monitors and enforces its conflict of interest policy by including it as a regular agenda item in board meetings.

Form 990, Page 6, Part VI, Line 15A

N/A

Form 990, Page 6, Part VI, Line 15B

N/A

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Austin Creative Reuse
EIN
27-1275644
Phone
5123753041
Address
2005 WHELESS LN, AUSTIN, TX 78723

Signing Officer

Name
Carole Leclair
Title
President
Phone
5123753041
Signed
2022-01-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carole Leclair
Formed
2009
Legal Domicile
TX
Voting Board Members
11
Independent Board Members
11
Employees
26
Volunteers
82

Preparer

Firm
Tax Trailer
Address
1503 A NICKERSON, AUSTIN, TX 78704
Preparer
Jesse Kelly-landes
Phone
3019287140
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 WILL BE COMPLETED ANNUALLY AND COPIES WILL BE PROVIDED TO THE ENTIRE GOVERNING BOARD AS WELL AS THE PRESIDENT OF THE ORGANIZATION. AT THAT TIME, THE PRESIDENT WILL REVIEW THE FORM 990 WITH THE AUDIT COMMITTEE. ANY NECESSARY CHANGES WILL THEN BE UPDATED OF THE FORM. ONCE ALL NECESSARY CHANGES ARE MADE, AND THE PRESIDENT IS IN AGREEMENT WITH THE AUDIT COMMITTEE ON THE FINISHED FORM 990, IT WILL BE SIGNED BY THE PRESIDENT, DATED AND SUBMITTED BY THE FILING DEADLINE. A COPY OF THE APPROVED FORM 990 WILL BE PROVIDED TO ALL OF THE OFFICERS, DIRECTORS AND TRUSTEES BEFORE THE RETURN IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY THAT ADDRESSES THE CONSIDERATION OF POTENTIAL CONFLICTS OF INTEREST BY THE BOARD OF DIRECTORS, COMMITTEE MEMBERS, KEY EMPLOYEES AND THEIR RELATIVES. AS PER THE POLICY, SUCH PERSONS MUST MAKE DISCLOSURE OF ANY POTENTIAL CONFLICTS OF INTEREST AND MUST ABSTAIN FROM VOTING ON ANY ACTION IN WHICH THEY HAVE AN INTEREST. THE ORGANIZATION REGULARY MONITORS AND ENFORCES ITS CONFLICT OF INTEREST POLICY BY INCLUDING IT AS A REGULAR AGENDA ITEM IN BOARD MEETINGS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
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