Civic Intelligence

Crescent Project Inc.

990 • Fiscal year 2018 • EIN 35-1790297

Jan 01, 2018 to Dec 31, 2018 • Filed on May 07, 2019

PO Box 50986Indianapolis, IN 46250

(317) 257-8870

Siviq Scores

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

Liabilities / Assets

50th percentile

0.08x

Higher debt load relative to assets than 50% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

27th percentile

0.02x

Higher debt load relative to revenue than 27% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

54th percentile

4.5%

Higher net margin than 54% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

83rd percentile

$147,340

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 6.9% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

80th percentile

18%

Faster asset growth than 80% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

43rd percentile

1.3%

Faster revenue growth than 43% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$549,199

Up $83,025 (+18%) from 2017

Net Assets

Up

$502,739

Up $95,252 (+23%) from 2017

Liabilities

Down

$46,460

Down $12,227 (-21%) from 2017

Revenue

Up

$2,124,504

Up $27,669 (+1.3%) from 2017

Expenses

Up

$2,029,252

Up $60,003 (+3.0%) from 2017

Net Income

Down

$95,252

Down $32,334 (-25%) from 2017

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $158,280Liabilities 2010: $30,911Net Assets 2010: $127,3692010Assets 2011: $171,883Liabilities 2011: $63,468Net Assets 2011: $108,4152011Assets 2012: $250,825Liabilities 2012: $15,125Net Assets 2012: $235,7002012Assets 2013: $258,036Liabilities 2013: $27,733Net Assets 2013: $230,3032013Assets 2014: $248,174Liabilities 2014: $27,756Net Assets 2014: $220,4182014Assets 2015: $326,445Liabilities 2015: $119,120Net Assets 2015: $207,3252015Assets 2016: $323,648Liabilities 2016: $43,748Net Assets 2016: $279,9002016Assets 2017: $466,174Liabilities 2017: $58,687Net Assets 2017: $407,4872017Assets 2018: $549,199Liabilities 2018: $46,460Net Assets 2018: $502,7392018Assets 2019: $626,816Liabilities 2019: $80,631Net Assets 2019: $546,1852019Assets 2020: $860,655Liabilities 2020: $116,426Net Assets 2020: $744,2292020Assets 2021: $1,268,545Liabilities 2021: $76,750Net Assets 2021: $1,191,7952021Assets 2022: $1,303,230Liabilities 2022: $56,735Net Assets 2022: $1,246,4952022Assets 2023: $1,244,476Liabilities 2023: $36,205Net Assets 2023: $1,208,2712023Assets 2024: $1,609,719Liabilities 2024: $44,396Net Assets 2024: $1,565,3232024

Highlighted filing

2018

Assets$549,199
Liabilities$46,460
Net Assets$502,739

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,311,3342010Expenses 2011: $1,202,1852011Expenses 2012: $894,8212012Revenue 2013: $1,209,426Expenses 2013: $1,214,823Net Income 2013: -$5,3972013Revenue 2014: $1,389,341Expenses 2014: $1,399,226Net Income 2014: -$9,8852014Revenue 2015: $1,623,682Expenses 2015: $1,636,775Net Income 2015: -$13,0932015Revenue 2016: $1,916,609Expenses 2016: $1,844,034Net Income 2016: $72,5752016Revenue 2017: $2,096,835Expenses 2017: $1,969,249Net Income 2017: $127,5862017Revenue 2018: $2,124,504Expenses 2018: $2,029,252Net Income 2018: $95,2522018Revenue 2019: $1,967,568Expenses 2019: $1,924,122Net Income 2019: $43,4462019Revenue 2020: $1,751,121Expenses 2020: $1,553,077Net Income 2020: $198,0442020Revenue 2021: $1,819,436Expenses 2021: $1,371,870Net Income 2021: $447,5662021Revenue 2022: $1,675,338Expenses 2022: $1,620,638Net Income 2022: $54,7002022Revenue 2023: $1,765,765Expenses 2023: $1,803,989Net Income 2023: -$38,2242023Revenue 2024: $2,062,071Expenses 2024: $1,705,019Net Income 2024: $357,0522024

Highlighted filing

2018

Revenue$2,124,504
Expenses$2,029,252
Net Income$95,252
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 7, 2019
Return Version
2018v3.1
Gross Receipts
$2,153,800
Mission and Program Overview

Mission

To inspire, equip, and serve the Church to reach Muslims with the Gospel of Christ for the Glory of God.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$222,853$251,235▲ $28,382
Cash and Non-Interest-Bearing Accounts$219,245$239,518▲ $20,273
Prepaid Expenses and Deferred Charges$3,282$36,353▲ $33,071
Inventories for Sale or Use$20,794$21,478▲ $684
Accounts Receivable-$615-
Total Assets$466,174$549,199▲ $83,025
Liabilities
Accounts Payable and Accrued Expenses$58,687$46,460▼ $12,227
Total Liabilities$58,687$46,460▼ $12,227
Net Assets / Fund Balance
Unrestricted Net Assets$405,587$500,839▲ $95,252
Temporarily Rstr Net Assets$1,900$1,900→ $0
Total Net Assets Fund Balance$407,487$502,739▲ $95,252
Total Liabilities and Net Assets / Fund Balance$466,174$549,199▲ $83,025

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$26,153$26,153
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Fouad MasriCEO, Vice ChFT$92,340$55,000$147,340

Board Members and Trustees

NameTitle
Mark MassoChairman
Barry BrownDirector
Marc MonnardDirector
Schuyler SchmidtDirector
Julie StollSecretary
David GarrisonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,951,308
Program Service Revenue
$138,128
Investment Income
$381
Other Revenue
$34,687
All Other Contributions
$1,951,308
Change in Net Assets
$95,252
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,383,375
Other Expenses$643,177
Total Fundraising Expense$268,254
Grants and Similar Amounts Paid$2,700
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$872,628$135,710$153,817$1,162,155
Travel$169,020$51,374$25,876$246,270
Other Employee Benefits$116,306$11,563$21,075$148,944
Fees for Services Other$41,871$36,174$35,063$113,108
Conferences and Meetings$74,294-$498$74,792
Payroll Taxes$51,054$15,884$5,338$72,276
Office Expenses$23,925$14,057$21,654$59,636
Occupancy$326$27,059$222$27,607
Information Technology$14,416$9,592$809$24,817
Advertising$7,680$1,611$47$9,338
Insurance-$8,538-$8,538
Grants to Domestic Orgs$2,700--$2,700
Other Expenses$36$1,125$4$1,165
Total Functional Expenses$1,416,263$344,735$268,254$2,029,252
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Cedar Cross MediaDirector OwnsProgram MaterialsNo$64,964
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
Yes
Business relationship with organization members
Yes
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

Form 990 is provided to the board of directors for approval prior to filing.

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

We regularly monitor the conflict of interest policy.

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

The director's salary is determined annually by the board via a compensation study.

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

Key employees salaries are determined by the board on an annual basis.

Form 990, Page 6, Part VI, Line 19

Governing documents, conflicts of interest policy, and financial statements are available to the public upon request during business hours.

Filing and Contact Details

Filer

Filer Name
Crescent Project Inc
EIN
35-1790297
Phone
3172578870
Address
PO BOX 50986, INDIANAPOLIS, IN 46250

Signing Officer

Name
Fouad Masri
Title
CEO, Vice Chairman
Phone
3172578870
Signed
2019-05-07

Organization Details

Principal Officer
Fouad Masri
Formed
1989
Legal Domicile
In
Voting Board Members
7
Independent Board Members
6
Employees
39
Volunteers
30

Preparer

Firm
Yount & Company LLC
Address
5665 NORTH POST ROAD SUITE 110, INDIANAPOLIS, IN 46216
Preparer
Joseph Daniel Holt
Phone
3175461020
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt010000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt061250
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt012,220
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01887959
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01691906
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01421995
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01234810
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt08187978
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0381
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0177
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt05
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0260
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0123
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0197864
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0254075
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0308313
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0270116
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0202492
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0381
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt05
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0123
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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0521
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/PublicSupportPY509Pct00.99080
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt020000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt010000
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02000219
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01692111
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01437302
IRS990ScheduleA/Total509Grp/TotalAmt09420838
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02153800
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02149663
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02000745
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01692371
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01437425
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt09434004
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt026153
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt026153
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0CEDAR CROSS MEDIA
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0DIRECTOR OWNS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt064964
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0PROGRAM MATERIALS
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0CEDAR CROSS MEDIA IS AN ENTITY OWNED MORE THAN 35% BY FOUAD MASRI, THE PRESIDENT AND DIRECTOR OF CRESCENT PROJECT.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WE REGULARLY MONITOR THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DIRECTOR'S SALARY IS DETERMINED ANNUALLY BY THE BOARD VIA A COMPENSATION STUDY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3KEY EMPLOYEES SALARIES ARE DETERMINED BY THE BOARD ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST DURING BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
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IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
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IRS990/TotalContributionsAmt01951308
IRS990/TotalEmployeeCnt039
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0268254
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0344735
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01416263
IRS990/TotalFunctionalExpensesGrp/TotalAmt02029252
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesGrp/EOYAmt046460
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0407487
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0502739
IRS990/TotalOtherCompensationAmt055000
IRS990/TotalProgramServiceExpensesAmt01416263
IRS990/TotalProgramServiceRevenueAmt0138128
IRS990/TotalReportableCompFromOrgAmt092340
IRS990/TotalRevenueGrp/ExclusionAmt0381
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0172815
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02124504
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0466174
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IRS990/TravelGrp/FundraisingAmt025876
IRS990/TravelGrp/ManagementAndGeneralAmt051374
IRS990/TravelGrp/ProgramServicesAmt0169020
IRS990/TravelGrp/TotalAmt0246270
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0405587
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0500839
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 50986
IRS990/USAddress/CityNm0INDIANAPOLIS
IRS990/USAddress/StateAbbreviationCd0IN

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.61$0.04$1.57$2.06$1.71$0.36
2023Detailed filing. Detailed filing data is available for this year.$1.24$0.04$1.21$1.77$1.80$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.30$0.06$1.25$1.68$1.62$0.05
2021Detailed filing. Detailed filing data is available for this year.$1.27$0.08$1.19$1.82$1.37$0.45
2020Detailed filing. Detailed filing data is available for this year.$0.86$0.12$0.74$1.75$1.55$0.20
2019Detailed filing. Detailed filing data is available for this year.$0.63$0.08$0.55$1.97$1.92$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.55$0.05$0.50$2.12$2.03$0.10
2017Detailed filing. Detailed filing data is available for this year.$0.47$0.06$0.41$2.10$1.97$0.13
2016Detailed filing. Detailed filing data is available for this year.$0.32$0.04$0.28$1.92$1.84$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.33$0.12$0.21$1.62$1.64$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.25$0.03$0.22$1.39$1.40$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.26$0.03$0.23$1.21$1.21$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.02$0.24$0.89
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.06$0.11$1.20
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.03$0.13$1.31