Civic Intelligence

Cultivating Creative Minds

990 • Fiscal year 2017 • EIN 27-3022563

Jul 01, 2016 to Jun 30, 2017 • Filed on Mar 10, 2018

PO Box 220938Newhall, CA 91322

(310) 918-5780

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

48th percentile

2.5%

Higher net margin than 48% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

83rd percentile

$20,805

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 8.6% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

80th percentile

37%

Faster asset growth than 80% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

74th percentile

23%

Faster revenue growth than 74% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$22,630

Up $6,149 (+37%) from 2016

Net Assets

Up

$22,630

Up $6,149 (+37%) from 2016

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

Up

$241,587

Up $45,635 (+23%) from 2016

Expenses

Up

$235,438

Up $26,565 (+13%) from 2016

Net Income

Up

$6,149

Up $19,070 (+148%) from 2016

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2011: $2,660Net Assets 2011: $2,6602011Assets 2012: $1,228Net Assets 2012: $1,2282012Assets 2013: $7,502Net Assets 2013: $7,5022013Assets 2014: $15,932Net Assets 2014: $15,9322014Assets 2015: $29,402Liabilities 2015: $0Net Assets 2015: $29,4022015Assets 2016: $16,481Net Assets 2016: $16,4812016Assets 2017: $22,630Liabilities 2017: $0Net Assets 2017: $22,6302017Assets 2018: $26,343Liabilities 2018: $0Net Assets 2018: $26,3432018Assets 2019: $24,633Liabilities 2019: $0Net Assets 2019: $24,6332019Assets 2020: $25,468Liabilities 2020: $0Net Assets 2020: $25,4682020Assets 2021: $42,738Net Assets 2021: $42,7382021Assets 2022: $8,871Liabilities 2022: $3,600Net Assets 2022: $5,2712022Assets 2023: $30,114Net Assets 2023: $30,1142023Assets 2024: $22,280Net Assets 2024: $22,2802024Assets 2025: $5,507Net Assets 2025: $5,5072025

Highlighted filing

2017

Assets$22,630
Liabilities$0
Net Assets$22,630

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $89,060Expenses 2011: $86,400Net Income 2011: $2,6602011Revenue 2012: $116,112Expenses 2012: $128,478Net Income 2012: -$12,3662012Revenue 2013: $138,136Expenses 2013: $131,862Net Income 2013: $6,2742013Revenue 2014: $188,237Expenses 2014: $179,807Net Income 2014: $8,4302014Revenue 2015: $215,316Expenses 2015: $201,846Net Income 2015: $13,4702015Revenue 2016: $195,952Expenses 2016: $208,873Net Income 2016: -$12,9212016Revenue 2017: $241,587Expenses 2017: $235,438Net Income 2017: $6,1492017Revenue 2018: $256,178Expenses 2018: $252,465Net Income 2018: $3,7132018Revenue 2019: $270,671Expenses 2019: $272,381Net Income 2019: -$1,7102019Revenue 2020: $239,332Expenses 2020: $238,497Net Income 2020: $8352020Revenue 2021: $53,185Expenses 2021: $35,915Net Income 2021: $17,2702021Revenue 2022: $44,289Expenses 2022: $81,756Net Income 2022: -$37,4672022Revenue 2023: $68,091Expenses 2023: $43,248Net Income 2023: $24,8432023Revenue 2024: $52,023Expenses 2024: $59,857Net Income 2024: -$7,8342024Revenue 2025: $12,061Expenses 2025: $28,834Net Income 2025: -$16,7732025

Highlighted filing

2017

Revenue$241,587
Expenses$235,438
Net Income$6,149
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Mar 10, 2018
Return Version
2016v3.0
Gross Receipts
$241,587
Mission and Program Overview

Mission

The primary objectives and purposes of this corporation shall be to promote creative programs for young people, partner with public schools to organize and execute enrichment programs that promote creative thinking, and to help public schools find and sustain funding for creative programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$16,481$22,630▲ $6,149
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$16,481$22,630▲ $6,149
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$16,481$22,630▲ $6,149
Total Net Assets Fund Balance$16,481$22,630▲ $6,149
Total Liabilities and Net Assets / Fund Balance$16,481$22,630▲ $6,149
Compensation and Service Providers

Employees

NameTitleBaseTotal
Roxanne JeppesenPresident$20,805$20,805

Board Members and Trustees

NameTitle
Renee BranamDirector
Sandra SmithDirector
JANE D'ANNASecretary
Marianne HamorTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$241,587
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$6,149
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$214,633
Salaries, Compensation, and Employee Benefits$20,805
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$20,805--$20,805
Office Expenses$1,371--$1,371
Insurance$828--$828
Other Expenses$469--$469
All Other Expenses$-19,060--$-19,060
Total Functional Expenses$235,438$0$0$235,438
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Cultivating Creative Minds
EIN
27-3022563
Phone
3109185780
Address
PO BOX 220938, NEWHALL, CA 91322

Signing Officer

Name
Roxanne Jeppesen
Title
President
Signed
2018-03-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roxanne Jeppesen
Formed
2010
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
0
Employees
0

Preparer

Firm
Finch & Associates CPAs
Address
24807 Avenue Tibbitts, Valencia, CA 91355
Preparer
Dale F Finch
Phone
6612599470
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IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt016481
IRS990/UnrestrictedNetAssetsGrp/EOYAmt022630
IRS990/USAddress/AddressLine1Txt0PO BOX 220938
IRS990/USAddress/CityNm0NEWHALL
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd091322
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0www.cultivatingcreativeminds.com
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROXANNE JEPPESEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-03-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CULTIVATING CREATIVE MINDS
ReturnHeader/Filer/BusinessNameControlTxt0CULT
ReturnHeader/Filer/EIN0273022563
ReturnHeader/Filer/PhoneNum03109185780
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 220938
ReturnHeader/Filer/USAddress/CityNm0NEWHALL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091322
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Finch & Associates CPAs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt024807 Avenue Tibbitts
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Valencia
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091355
ReturnHeader/PreparerPersonGrp/PhoneNum06612599470
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DALE F FINCH
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-03-10T14:22:04-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.06$0.06$0.12$0.29$0.17
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.22$0.22$0.52$0.60$0.08
2023Detailed filing. Detailed filing data is available for this year.$0.30$0.30$0.68$0.43$0.25
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.09$0.04$0.05$0.44$0.82$0.37
2021Detailed filing. Detailed filing data is available for this year.$0.43$0.43$0.53$0.36$0.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.25$0.00$0.25$2.39$2.38$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$2.71$2.72$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.26$0.00$0.26$2.56$2.52$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$2.42$2.35$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.16$0.16$1.96$2.09$0.13
2015Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$2.15$2.02$0.13
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.16$0.16$1.88$1.80$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.08$1.38$1.32$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.01$1.16$1.28$0.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.03$0.89$0.86$0.03