Civic Intelligence

Creating Young Minds

990EZ • Fiscal year 2023 • EIN 45-3818994

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 11, 2024

Refreshing map…

737 Black Walnut DriveLake Dallas, TX 75065

(201) 923-9039

Siviq Scores

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

Liabilities / Assets

100th percentile

15075.00x

Higher debt load relative to assets than 100% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

96th percentile

1.29x

Higher debt load relative to revenue than 96% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

11th percentile

-47%

Higher net margin than 11% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

7th percentile

-70%

Faster revenue growth than 7% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Flat

$4

Flat from 2023

Net Assets

-$60,296

No earlier filing loaded for comparison.

Liabilities

Flat

$60,300

Flat from 2023

Revenue

Flat

$46,764

Flat from 2023

Expenses

Flat

$68,897

Flat from 2023

Net Income

Flat

-$22,133

Flat from 2023

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0-$100KAssets 2014: $3,666Net Assets 2014: $3,6662014Assets 2015: $34,365Net Assets 2015: $34,3652015Assets 2016: $39,139Net Assets 2016: $39,1392016Assets 2017: $5,758Net Assets 2017: $5,7582017Assets 2018: $20,460Liabilities 2018: $0Net Assets 2018: $20,4602018Assets 2019: $14,806Net Assets 2019: $14,8062019Assets 2020: $309,083Liabilities 2020: $60,300Net Assets 2020: $248,7832020Assets 2021: $41,176Liabilities 2021: $60,300Net Assets 2021: -$19,1242021Assets 2022: $30,204Liabilities 2022: $60,3002022Assets 2023: $4Liabilities 2023: $60,300Net Assets 2023: -$60,2962023Assets 2023: $4Liabilities 2023: $60,3002023Assets 2024: $3,374Liabilities 2024: $60,300Net Assets 2024: -$56,9262024

Highlighted filing

2023

Assets$4
Liabilities$60,300
Net Assets-$60,296

Operations Trend

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

$600K$400K$200K$0-$200K-$400KRevenue 2014: $114,297Expenses 2014: $111,869Net Income 2014: $2,4282014Revenue 2015: $114,845Expenses 2015: $84,146Net Income 2015: $30,6992015Revenue 2016: $110,866Expenses 2016: $109,094Net Income 2016: $1,7722016Revenue 2017: $105,874Expenses 2017: $140,315Net Income 2017: -$34,4412017Revenue 2018: $177,469Expenses 2018: $162,767Net Income 2018: $14,7022018Revenue 2019: $128,191Expenses 2019: $127,699Net Income 2019: $4922019Revenue 2020: $476,677Expenses 2020: $246,361Net Income 2020: $230,3162020Revenue 2021: $66,181Expenses 2021: $336,291Net Income 2021: -$270,1102021Revenue 2022: $155,135Expenses 2022: $168,309Net Income 2022: -$13,1742022Revenue 2023: $46,764Expenses 2023: $68,897Net Income 2023: -$22,1332023Revenue 2023: $46,764Expenses 2023: $68,897Net Income 2023: -$22,1332023Revenue 2024: $49,496Expenses 2024: $46,126Net Income 2024: $3,3702024

Highlighted filing

2023

Revenue$46,764
Expenses$68,897
Net Income-$22,133
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 11, 2024
Return Version
2023v5.0
Gross Receipts
$62,266
Mission and Program Overview

Mission

We focus on teaching young men about the importance of education, hard work and being humble in all aspects of life.

Our vision is for the young men living in our communities to gain a broader appreciation for self and others, education, and athletics through basketball, school, support and guidance. Our mission is to teach young men about the importance of education, hard work and being humble in all aspects of life. Creating young mindstm emphasizes education, character, and responsibility. During 2023, we helped over 150 kids and young men between the ages of 6 and 29 from multiple states across the united states. We provided five free youth camps, a toy drive, and two food drives for families in need within our community. Our young men competed in ten basketball events to showcase their skills both on and off the court in front of college coaches and scouts, as well as professional basketball coaches, scouts, and agents. Seven of the young men earned college scholarships to play basketball at the collegiate and university level. Another fifteen of the young men earned contracts to play profession

Program Services

DescriptionGrantsExpenses
VISION: THE YOUNG MEN LIVING IN OUR COMMUNITIES WILL GAIN A BROADER APPRECIATION FOR SELF AND OTHERS, EDUCATION, AND ATHLETICS THROUGH BASKETBALL, SCHOOL, SUPPORT AND GUIDANCE. FOR THE 2020 YEAR, WE'VE HELPED OVER 40 YOUNG MEN BETWEEN THE AGES OF 16 AND 20 FROM AROUND THE US, CANADA, SENEGAL, ST. MARTEEN, GERMANY, THE NETHERLANDS, TURKS AND CAICOS, BAHAMAS, NIGERIA AND SERBIA. SIX OF THE YOUNG MEN EARNED SCHOLARSHIPS TO ATTEND 4 YEAR COLLEGES AND UNIVERSITIES IN THE US TO PLAY BASKETBALL. THREE OF THE YOUNG MEN EARNED SCHOLARSHIPS TO ATTEND 2 YEAR COLLEGES AND UNIVERSITIES IN THE US TO PLAY BASKETBALL. WE HOSTED 7 SHOWCASES THROUGHOUT THE YEAR FOR CYM ACADEMY AS WELL AS FOR OTHER PREP BASKETBALL TEAMS AND JUNIOR COLLEGE TEAMS TO PLAY IN FRONT OF COLLEGE COACHES AND NATIONAL SCOUTS TO HELP OBTAIN COLLEGE SCHOLARSHIPS. WE ALSO HOSTED 2 NCAA SANCTIONED INDIVIDUAL SHOWCASES FOR HIGH SCHOOL, JUNIOR COLLEGE PLAYERS AND INTERNATIONAL PLAYERS TO PLAY ON TEAMS IN FRONT OF COLLEGE COACHES AND NATIONAL SCOUTS TO HELP OBTAIN COLLEGE SCHOLARSHIPS. WE ATTENDED 15 TOURNAMENTS ACROSS TEXAS, OKLAHOMA AND KANSAS. WE PLAYED OVER 35 GAMES AGAINST COLLEGE TEAMS AROUND TEXAS AND KANSAS. WE HELPED 10 YOUNG MEN PREPARE FOR AND TAKE THE ACT AND SAT COLLEGE ENTRANCE EXAMINATIONS.-$42,001
VISION: THE YOUNG MEN LIVING IN OUR COMMUNITIES WILL GAIN A BROADER APPRECIATION FOR SELF AND OTHERS, EDUCATION, AND ATHLETICS THROUGH BASKETBALL, SCHOOL, SUPPORT AND GUIDANCE. FOR THE 2020 YEAR, WE'VE HELPED OVER 40 YOUNG MEN BETWEEN THE AGES OF 16 AND 20 FROM AROUND THE US, CANADA, SENEGAL, ST. MARTEEN, GERMANY, THE NETHERLANDS, TURKS AND CAICOS, BAHAMAS, NIGERIA AND SERBIA. SIX OF THE YOUNG MEN EARNED SCHOLARSHIPS TO ATTEND 4 YEAR COLLEGES AND UNIVERSITIES IN THE US TO PLAY BASKETBALL. THREE OF THE YOUNG MEN EARNED SCHOLARSHIPS TO ATTEND 2 YEAR COLLEGES AND UNIVERSITIES IN THE US TO PLAY BASKETBALL. WE HOSTED 7 SHOWCASES THROUGHOUT THE YEAR FOR CYM ACADEMY AS WELL AS FOR OTHER PREP BASKETBALL TEAMS AND JUNIOR COLLEGE TEAMS TO PLAY IN FRONT OF COLLEGE COACHES AND NATIONAL SCOUTS TO HELP OBTAIN COLLEGE SCHOLARSHIPS. WE ALSO HOSTED 2 NCAA SANCTIONED INDIVIDUAL SHOWCASES FOR HIGH SCHOOL, JUNIOR COLLEGE PLAYERS AND INTERNATIONAL PLAYERS TO PLAY ON TEAMS IN FRONT OF COLLEGE COACHES AND NATIONAL SCOUTS TO HELP OBTAIN COLLEGE SCHOLARSHIPS. WE ATTENDED 15 TOURNAMENTS ACROSS TEXAS, OKLAHOMA AND KANSAS. WE PLAYED OVER 35 GAMES AGAINST COLLEGE TEAMS AROUND TEXAS AND KANSAS. WE HELPED 10 YOUNG MEN PREPARE FOR AND TAKE THE ACT AND SAT COLLEGE ENTRANCE EXAMINATIONS.-$25,653
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MATHIS CROWDERPresidentFT$0--
SHIRA A ACKERMANAcademic DirectorFT$0--
CHARLEY BROWNDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Creating Young Minds
EIN
45-3818994
Phone
2019239039
Address
737 BLACK WALNUT DRIVE, LAKE DALLAS, TX 75065

Signing Officer

Name
Shira a Ackerman
Title
Academic Director
Phone
2019239039
Signed
2024-11-11
Discuss with paid preparer
Yes

Preparer

Firm
Ruchi Gupta CPA LLC
Address
2205 ROADRUNNER DR, FLOWER MOUND, TX 75022
Preparer
Ruchi Gupta CPA
Phone
9722003189
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses marketing 450 343 auto 6,909 travel 1,380 food and suuplies 11,603 training 3,855 medical for students 70 corporation fees 7,280 game day exp 15,400 grant payment 1,800 non-investment depreciation 1,103 total 50,193

Form 990-ez, Part I, Line 20

Book / tax depreciation difference 9

Form 990-ez, Part II, Line 24

Auto 22,528 22,528 less accumulated depreciation 21,434 22,528 furniture 0 0 furniture 0 0 furniture 0 0 equipment 0 0 total 1,094 0

Form 990-ez, Part II, Line 26

SBA LOAN 60,300 60,300

Form 990-ez, Part III

Our vision is for the young men living in our communities to gain a broader appreciation for self and others, education, and athletics through basketball, school, support and guidance. Our mission is to teach young men about the importance of education, hard work and being humble in all aspects of life. Creating young mindstm emphasizes education, character, and responsibility. During 2023, we helped over 150 kids and young men between the ages of 6 and 29 from multiple states across the united states. We provided five free youth camps, a toy drive, and two food drives for families in need within our community. Our young men competed in ten basketball events to showcase their skills both on and off the court in front of college coaches and scouts, as well as professional basketball coaches, scouts, and agents. Seven of the young men earned college scholarships to play basketball at the collegiate and university level. Another fifteen of the young men earned contracts to play professional basketball around the world. During this past year, we also helped three of the young men begin and launch their own businesses, including a lawn company, personal training, and basketball coaching.

Form 990-ez, Part III, Line 28

Vision: the young men living in our communities will gain a broader appreciation for self and others, education, and athletics through basketball, school, support and guidance. For the 2020 year, we've helped over 40 young men between the ages of 16 and 20 from around the us, canada, senegal, st. Marteen, germany, the netherlands, turks and caicos, bahamas, nigeria and serbia. Six of the young men earned scholarships to attend 4 year colleges and universities in the us to play basketball. Three of the young men earned scholarships to attend 2 year colleges and universities in the us to play basketball. We hosted 7 showcases throughout the year for cym academy as well as for other prep basketball teams and junior college teams to play in front of college coaches and national scouts to help obtain college scholarships. We also hosted 2 ncaa sanctioned individual showcases for high school, junior college players and international players to play on teams in front of college coaches and national scouts to help obtain college scholarships. We attended 15 tournaments across texas, oklahoma and kansas. We played over 35 games against college teams around texas and kansas. We helped 10 young men prepare for and take the act and sat college entrance examinations.

Form 990-ez, Part III, Line 31

Vision: the young men living in our communities will gain a broader appreciation for self and others, education, and athletics through basketball, school, support and guidance. For the 2020 year, we've helped over 40 young men between the ages of 16 and 20 from around the us, canada, senegal, st. Marteen, germany, the netherlands, turks and caicos, bahamas, nigeria and serbia. Six of the young men earned scholarships to attend 4 year colleges and universities in the us to play basketball. Three of the young men earned scholarships to attend 2 year colleges and universities in the us to play basketball. We hosted 7 showcases throughout the year for cym academy as well as for other prep basketball teams and junior college teams to play in front of college coaches and national scouts to help obtain college scholarships. We also hosted 2 ncaa sanctioned individual showcases for high school, junior college players and international players to play on teams in front of college coaches and national scouts to help obtain college scholarships. We attended 15 tournaments across texas, oklahoma and kansas. We played over 35 games against college teams around texas and kansas. We helped 10 young men prepare for and take the act and sat college entrance examinations.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES MARKETING 450 343 AUTO 6,909 TRAVEL 1,380 FOOD AND SUUPLIES 11,603 TRAINING 3,855 MEDICAL FOR STUDENTS 70 CORPORATION FEES 7,280 GAME DAY EXP 15,400 GRANT PAYMENT 1,800 NON-INVESTMENT DEPRECIATION 1,103 TOTAL 50,193
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AUTO 22,528 22,528 LESS ACCUMULATED DEPRECIATION 21,434 22,528 FURNITURE 0 0 FURNITURE 0 0 FURNITURE 0 0 EQUIPMENT 0 0 TOTAL 1,094 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SBA LOAN 60,300 60,300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OUR VISION IS FOR THE YOUNG MEN LIVING IN OUR COMMUNITIES TO GAIN A BROADER APPRECIATION FOR SELF AND OTHERS, EDUCATION, AND ATHLETICS THROUGH BASKETBALL, SCHOOL, SUPPORT AND GUIDANCE. OUR MISSION IS TO TEACH YOUNG MEN ABOUT THE IMPORTANCE OF EDUCATION, HARD WORK AND BEING HUMBLE IN ALL ASPECTS OF LIFE. CREATING YOUNG MINDSTM EMPHASIZES EDUCATION, CHARACTER, AND RESPONSIBILITY. DURING 2023, WE HELPED OVER 150 KIDS AND YOUNG MEN BETWEEN THE AGES OF 6 AND 29 FROM MULTIPLE STATES ACROSS THE UNITED STATES. WE PROVIDED FIVE FREE YOUTH CAMPS, A TOY DRIVE, AND TWO FOOD DRIVES FOR FAMILIES IN NEED WITHIN OUR COMMUNITY. OUR YOUNG MEN COMPETED IN TEN BASKETBALL EVENTS TO SHOWCASE THEIR SKILLS BOTH ON AND OFF THE COURT IN FRONT OF COLLEGE COACHES AND SCOUTS, AS WELL AS PROFESSIONAL BASKETBALL COACHES, SCOUTS, AND AGENTS. SEVEN OF THE YOUNG MEN EARNED COLLEGE SCHOLARSHIPS TO PLAY BASKETBALL AT THE COLLEGIATE AND UNIVERSITY LEVEL. ANOTHER FIFTEEN OF THE YOUNG MEN EARNED CONTRACTS TO PLAY PROFESSIONAL BASKETBALL AROUND THE WORLD. DURING THIS PAST YEAR, WE ALSO HELPED THREE OF THE YOUNG MEN BEGIN AND LAUNCH THEIR OWN BUSINESSES, INCLUDING A LAWN COMPANY, PERSONAL TRAINING, AND BASKETBALL COACHING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5VISION: THE YOUNG MEN LIVING IN OUR COMMUNITIES WILL GAIN A BROADER APPRECIATION FOR SELF AND OTHERS, EDUCATION, AND ATHLETICS THROUGH BASKETBALL, SCHOOL, SUPPORT AND GUIDANCE. FOR THE 2020 YEAR, WE'VE HELPED OVER 40 YOUNG MEN BETWEEN THE AGES OF 16 AND 20 FROM AROUND THE US, CANADA, SENEGAL, ST. MARTEEN, GERMANY, THE NETHERLANDS, TURKS AND CAICOS, BAHAMAS, NIGERIA AND SERBIA. SIX OF THE YOUNG MEN EARNED SCHOLARSHIPS TO ATTEND 4 YEAR COLLEGES AND UNIVERSITIES IN THE US TO PLAY BASKETBALL. THREE OF THE YOUNG MEN EARNED SCHOLARSHIPS TO ATTEND 2 YEAR COLLEGES AND UNIVERSITIES IN THE US TO PLAY BASKETBALL. WE HOSTED 7 SHOWCASES THROUGHOUT THE YEAR FOR CYM ACADEMY AS WELL AS FOR OTHER PREP BASKETBALL TEAMS AND JUNIOR COLLEGE TEAMS TO PLAY IN FRONT OF COLLEGE COACHES AND NATIONAL SCOUTS TO HELP OBTAIN COLLEGE SCHOLARSHIPS. WE ALSO HOSTED 2 NCAA SANCTIONED INDIVIDUAL SHOWCASES FOR HIGH SCHOOL, JUNIOR COLLEGE PLAYERS AND INTERNATIONAL PLAYERS TO PLAY ON TEAMS IN FRONT OF COLLEGE COACHES AND NATIONAL SCOUTS TO HELP OBTAIN COLLEGE SCHOLARSHIPS. WE ATTENDED 15 TOURNAMENTS ACROSS TEXAS, OKLAHOMA AND KANSAS. WE PLAYED OVER 35 GAMES AGAINST COLLEGE TEAMS AROUND TEXAS AND KANSAS. WE HELPED 10 YOUNG MEN PREPARE FOR AND TAKE THE ACT AND SAT COLLEGE ENTRANCE EXAMINATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6VISION: THE YOUNG MEN LIVING IN OUR COMMUNITIES WILL GAIN A BROADER APPRECIATION FOR SELF AND OTHERS, EDUCATION, AND ATHLETICS THROUGH BASKETBALL, SCHOOL, SUPPORT AND GUIDANCE. FOR THE 2020 YEAR, WE'VE HELPED OVER 40 YOUNG MEN BETWEEN THE AGES OF 16 AND 20 FROM AROUND THE US, CANADA, SENEGAL, ST. MARTEEN, GERMANY, THE NETHERLANDS, TURKS AND CAICOS, BAHAMAS, NIGERIA AND SERBIA. SIX OF THE YOUNG MEN EARNED SCHOLARSHIPS TO ATTEND 4 YEAR COLLEGES AND UNIVERSITIES IN THE US TO PLAY BASKETBALL. THREE OF THE YOUNG MEN EARNED SCHOLARSHIPS TO ATTEND 2 YEAR COLLEGES AND UNIVERSITIES IN THE US TO PLAY BASKETBALL. WE HOSTED 7 SHOWCASES THROUGHOUT THE YEAR FOR CYM ACADEMY AS WELL AS FOR OTHER PREP BASKETBALL TEAMS AND JUNIOR COLLEGE TEAMS TO PLAY IN FRONT OF COLLEGE COACHES AND NATIONAL SCOUTS TO HELP OBTAIN COLLEGE SCHOLARSHIPS. WE ALSO HOSTED 2 NCAA SANCTIONED INDIVIDUAL SHOWCASES FOR HIGH SCHOOL, JUNIOR COLLEGE PLAYERS AND INTERNATIONAL PLAYERS TO PLAY ON TEAMS IN FRONT OF COLLEGE COACHES AND NATIONAL SCOUTS TO HELP OBTAIN COLLEGE SCHOLARSHIPS. WE ATTENDED 15 TOURNAMENTS ACROSS TEXAS, OKLAHOMA AND KANSAS. WE PLAYED OVER 35 GAMES AGAINST COLLEGE TEAMS AROUND TEXAS AND KANSAS. WE HELPED 10 YOUNG MEN PREPARE FOR AND TAKE THE ACT AND SAT COLLEGE ENTRANCE EXAMINATIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 31
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