Civic Intelligence

Credit Do Inc.

990EZ • Fiscal year 2019 • EIN 27-3885847

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 17, 2020

376 Montrose AveSouth Orange, NJ 07079

(917) 821-2421

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.98x

Higher debt load relative to assets than 92% of similar nonprofits.

2019 filings • NTEE P20 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

89th percentile

0.28x

Higher debt load relative to revenue than 89% of similar nonprofits.

2019 filings • NTEE P20 • <$500k nonprofits • Source year 2019

Net Margin

28th percentile

-5.2%

Higher net margin than 28% of similar nonprofits.

2019 filings • NTEE P20 • <$500k nonprofits • Source year 2019

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

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

2019 filings • NTEE P20 • <$500k nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

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

Source year 2019

Revenue Growth

Score unavailable

No value available

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

Source year 2019

Assets

Up

$12,239

Up $4,772 (+64%) from 2013

Net Assets

Down

$185

Down $692 (-79%) from 2013

Liabilities

Up

$12,054

Up $5,464 (+83%) from 2013

Revenue

Up

$43,252

Up $9,488 (+28%) from 2013

Expenses

Up

$45,517

Up $8,732 (+24%) from 2013

Net Income

Up

-$2,265

Up $756 (+25%) from 2013

Historical Trend

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2012: $6,938Liabilities 2012: $3,040Net Assets 2012: $3,8982012Assets 2013: $7,467Liabilities 2013: $6,590Net Assets 2013: $8772013Assets 2019: $12,239Liabilities 2019: $12,054Net Assets 2019: $1852019Assets 2020: $35,384Liabilities 2020: $11,599Net Assets 2020: $23,7852020Assets 2021: $18,727Liabilities 2021: $11,544Net Assets 2021: $7,1832021Assets 2022: $23,266Liabilities 2022: $10,767Net Assets 2022: $12,4992022Assets 2023: $10,946Liabilities 2023: $4,562Net Assets 2023: $6,3842023Assets 2024: $30,677Liabilities 2024: $4,557Net Assets 2024: $26,1202024

Highlighted filing

2019

Assets$12,239
Liabilities$12,054
Net Assets$185

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2012: $60,719Expenses 2012: $55,681Net Income 2012: $5,0382012Revenue 2013: $33,764Expenses 2013: $36,785Net Income 2013: -$3,0212013Revenue 2019: $43,252Expenses 2019: $45,517Net Income 2019: -$2,2652019Revenue 2020: $179,511Expenses 2020: $155,911Net Income 2020: $23,6002020Revenue 2021: $20,801Expenses 2021: $37,403Net Income 2021: -$16,6022021Revenue 2022: $40,505Expenses 2022: $35,189Net Income 2022: $5,3162022Revenue 2023: $49,546Expenses 2023: $55,661Net Income 2023: -$6,1152023Revenue 2024: $77,226Expenses 2024: $57,490Net Income 2024: $19,7362024

Highlighted filing

2019

Revenue$43,252
Expenses$45,517
Net Income-$2,265
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 17, 2020
Return Version
2019v5.0
Gross Receipts
$43,252
Mission and Program Overview

Mission

Credit do is a non-profit organization dedicated to making financial independence a reality for all. We create unique opportunities for purchasing food, clothes, school supplies and other essential goods in exchange for doing social good.

Program Services

DescriptionGrantsExpenses
DEVELOPMENT PROGRAM INCLUDES BUILDING TECHNOLOGY, PROTOTYPES AND TESTING OF OUR DIGITAL PRODUCT TO BRING TO MARKET.$0$14,375
GENERAL PROGRAM - CREDIT DO CREATES UNIQUE OPPORTUNITIES FOR PURCHASING FOOD, CLOTHES, SCHOOL SUPPLIES AND OTHER ESSENTIAL GOODS IN EXCHANGE FOR DOING SOCIAL GOOD.$0$11,676
BLACK ROCK GIVES PROVIDED $10,000.00 TO BUILD THE TECHNOLOGY TO SCALE CREDIT DO'S INNOVATIVE SMARTER BARTER PROGRAM.$0$10,500
YOUTH - CREDIT DO PROVIDES A 2-WEEK IN-SCHOOL FINANCIAL LITERACY TRAINING TO MIDDLE SCHOOLERS IN (2) LOWER EAST SIDE MIDDLE SCHOOLS IN MANHATTAN. STUDENTS LEARN, WORK AND SAVE FOR ESSENTIALS IN THE PRESENT AND EDUCATIONAL SAVINGS FOR THEIR FUTURE. CREDIT DO PROVIDED A TWO-WEEK IN-SCHOOL FINANCIAL LITERACY TRAINING TO OVER 150 MIDDLE SCHOOLERS IN (2) PARTNER SCHOOLS ON THE LOWER EAST SIDE IN MANHATTAN.$1,850$6,387
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOSELLE DEOCAMPO GAUTAMTreasurer-$0--
CHRIS AVILA HUBSCHMANNInterim ChairPT$0--
HALLE DARMSTADTBoard Secretary-$0--
ANNE BEAGANFundraising ChairPT$0--
Filing and Contact Details

Filer

Filer Name
Credit Do Inc
EIN
27-3885847
Phone
9178212421
Address
376 MONTROSE AVE, SOUTH ORANGE, NJ 07079

Signing Officer

Name
Chris Avila Hubschmann
Title
Founder/CEO
Phone
9178212421
Signed
2020-11-17
Discuss with paid preparer
Yes

Preparer

Firm
EASY OFFICE dba JITASA
Address
1750 W FRONT STREET SUITE 200, BOISE, ID 83702
Preparer
Jeremy Cork
Phone
2082874777
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Description;Amount^Office and Miscellaneous Expenses;2040|Travel and Meeting Expenses;1292|Information Technology;828^Total;4160^

Form 990-EZ, Part I, Line 20

Description;Amount^Prior Period Adjustment;1239^Total;1239^

Form 990-EZ, Part II, Line 26

Description;EOY Amount^Education Savings for Others Liability;11854|AP and Accrued Expenses;200^Total;12054^

Raw XML Appendix184 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
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IRS990EZ/OtherChangesInNetAssetsAmt01239
IRS990EZ/OtherExpensesTotalAmt04160
IRS990EZ/OtherRevenueTotalAmt00
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IRS990EZ/PrimaryExemptPurposeTxt0CREDIT DO IS A NON-PROFIT ORGANIZATION DEDICATED TO MAKING FINANCIAL INDEPENDENCE A REALITY FOR ALL. WE CREATE UNIQUE OPPORTUNITIES FOR PURCHASING FOOD, CLOTHES, SCHOOL SUPPLIES AND OTHER ESSENTIAL GOODS IN EXCHANGE FOR DOING SOCIAL GOOD.
IRS990EZ/PrintingPublicationsPostageAmt0120
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1GENERAL PROGRAM - CREDIT DO CREATES UNIQUE OPPORTUNITIES FOR PURCHASING FOOD, CLOTHES, SCHOOL SUPPLIES AND OTHER ESSENTIAL GOODS IN EXCHANGE FOR DOING SOCIAL GOOD.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2BLACK ROCK GIVES PROVIDED $10,000.00 TO BUILD THE TECHNOLOGY TO SCALE CREDIT DO'S INNOVATIVE SMARTER BARTER PROGRAM.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3YOUTH - CREDIT DO PROVIDES A 2-WEEK IN-SCHOOL FINANCIAL LITERACY TRAINING TO MIDDLE SCHOOLERS IN (2) LOWER EAST SIDE MIDDLE SCHOOLS IN MANHATTAN. STUDENTS LEARN, WORK AND SAVE FOR ESSENTIALS IN THE PRESENT AND EDUCATIONAL SAVINGS FOR THEIR FUTURE. CREDIT DO PROVIDED A TWO-WEEK IN-SCHOOL FINANCIAL LITERACY TRAINING TO OVER 150 MIDDLE SCHOOLERS IN (2) PARTNER SCHOOLS ON THE LOWER EAST SIDE IN MANHATTAN.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 20
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ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRIS AVILA HUBSCHMANN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0FOUNDER/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum09178212421
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CREDIT DO INC
ReturnHeader/Filer/BusinessNameControlTxt0CRED
ReturnHeader/Filer/EIN0273885847
ReturnHeader/Filer/PhoneNum09178212421
ReturnHeader/Filer/USAddress/AddressLine1Txt0376 MONTROSE AVE
ReturnHeader/Filer/USAddress/CityNm0SOUTH ORANGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007079
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.116.244.171
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0262176601
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EASY OFFICE dba JITASA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01750 W FRONT STREET SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BOISE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ID
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd083702
ReturnHeader/PreparerPersonGrp/PhoneNum02082874777
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEREMY CORK
ReturnHeader/ReturnTs02020-11-17T05:21:21-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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Filings