Civic Intelligence

Engaging Creative Minds

990 • Fiscal year 2017 • EIN 46-1710691

Sep 01, 2016 to Aug 31, 2017 • Filed on Jan 16, 2018

PO Box 31875Charleston, SC 29417

(843) 277-2016

Siviq Scores

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

Liabilities / Assets

54th percentile

0.12x

Higher debt load relative to assets than 54% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

27th percentile

0.02x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

32nd percentile

-2.4%

Higher net margin than 32% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

4th percentile

-26%

Faster asset growth than 4% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

77th percentile

25%

Faster revenue growth than 77% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$219,574

Down $78,370 (-26%) from 2016

Net Assets

Down

$193,672

Down $25,015 (-11%) from 2016

Liabilities

Down

$25,902

Down $53,355 (-67%) from 2016

Revenue

Up

$1,133,446

Up $228,094 (+25%) from 2016

Expenses

Up

$1,160,454

Up $291,945 (+34%) from 2016

Net Income

Down

-$27,008

Down $63,851 (-173%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2013: $115,682Liabilities 2013: $2,1852013Assets 2014: $202,557Liabilities 2014: $19,317Net Assets 2014: $183,2402014Assets 2015: $196,218Liabilities 2015: $16,012Net Assets 2015: $180,2062015Assets 2016: $297,944Liabilities 2016: $79,257Net Assets 2016: $218,6872016Assets 2017: $219,574Liabilities 2017: $25,902Net Assets 2017: $193,6722017Assets 2018: $222,936Liabilities 2018: $12,081Net Assets 2018: $210,8552018Assets 2019: $158,417Liabilities 2019: $15,448Net Assets 2019: $142,9692019Assets 2020: $155,075Liabilities 2020: $120,352Net Assets 2020: $34,7232020Assets 2021: $475,247Liabilities 2021: $17,348Net Assets 2021: $457,8992021Assets 2022: $1,375,210Liabilities 2022: $35,473Net Assets 2022: $1,339,7372022Assets 2023: $340,541Liabilities 2023: $72,622Net Assets 2023: $267,9192023Assets 2024: $534,339Liabilities 2024: $37,897Net Assets 2024: $496,4422024Assets 2025: $218,035Liabilities 2025: $40,337Net Assets 2025: $177,6982025

Highlighted filing

2017

Assets$219,574
Liabilities$25,902
Net Assets$193,672

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2013: $197,772Expenses 2013: $84,275Net Income 2013: $113,4972013Revenue 2014: $482,084Expenses 2014: $412,341Net Income 2014: $69,7432014Revenue 2015: $699,776Expenses 2015: $690,656Net Income 2015: $9,1202015Revenue 2016: $905,352Expenses 2016: $868,509Net Income 2016: $36,8432016Revenue 2017: $1,133,446Expenses 2017: $1,160,454Net Income 2017: -$27,0082017Revenue 2018: $980,825Expenses 2018: $963,376Net Income 2018: $17,4492018Revenue 2019: $1,003,956Expenses 2019: $1,071,842Net Income 2019: -$67,8862019Revenue 2020: $723,255Expenses 2020: $831,501Net Income 2020: -$108,2462020Revenue 2021: $1,479,005Expenses 2021: $1,055,829Net Income 2021: $423,1762021Revenue 2022: $2,458,924Expenses 2022: $1,577,086Net Income 2022: $881,8382022Revenue 2023: $1,639,620Expenses 2023: $2,711,438Net Income 2023: -$1,071,8182023Revenue 2024: $4,342,049Expenses 2024: $4,113,526Net Income 2024: $228,5232024Revenue 2025: $1,098,366Expenses 2025: $1,417,111Net Income 2025: -$318,7452025

Highlighted filing

2017

Revenue$1,133,446
Expenses$1,160,454
Net Income-$27,008
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
Jan 16, 2018
Return Version
2016v3.1
Gross Receipts
$1,527,205
Mission and Program Overview

Mission

The mission of engaging creative minds is to inspire the creative and innovative potential of all students to achieve academically and become imaginative, adaptable, and productive adults resulting in stronger communities and an increasingly competitive sc workforce.

The mission of engaging creative minds is to help students succeed through imagination and innovation, to become imaginative, adaptable and productive adults and to build stronger communities and a more capable south carolina workforce.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$125,701$154,627▲ $28,926
Cash and Non-Interest-Bearing Accounts$164,139$50,046▼ $114,093
Land, Buildings, and Equipment, Net$8,104$8,469▲ $365
Prepaid Expenses and Deferred Charges-$3,932-
Total Assets$297,944$219,574▼ $78,370
Other Assets Total-$2,500-
Liabilities
Accounts Payable and Accrued Expenses$23,368$23,450▲ $82
Deferred Revenue$55,889$2,452▼ $53,437
Total Liabilities$79,257$25,902▼ $53,355
Net Assets / Fund Balance
Unrestricted Net Assets$218,687$163,672▼ $55,015
Temporarily Rstr Net Assets-$30,000-
Total Net Assets Fund Balance$218,687$193,672▼ $25,015
Total Liabilities and Net Assets / Fund Balance$297,944$219,574▼ $78,370

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$8,469$10,350$18,819
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,053,354
Program Service Revenue
$83,317
Investment Income
$41
Other Revenue
$-3,266
All Other Contributions
$404,510
Change in Net Assets
$-27,008

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,133,446
Total Revenue per Audited Statements
$1,133,446
Total Revenue per Form 990
$1,133,446
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$605,388
Salaries, Compensation, and Employee Benefits$523,089
Total Fundraising Expense$100,521
Grants and Similar Amounts Paid$31,977
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$349,687$65,231$73,706$488,624
Fees for Services Other$315,235$5,873$885$321,993
Travel$45,163$13,265$1,455$59,883
Fees for Services Accounting$8,469$31,938$5,299$45,706
Payroll Taxes$21,920$6,178$6,367$34,465
Grants to Domestic Orgs$31,977--$31,977
Occupancy$6,344$25,322-$31,666
Advertising$1,899$3,968$9,659$15,526
Insurance$2,294$12,916-$15,210
All Other Expenses$8,318$2,761-$11,079
Office Expenses$2,254$3,978$779$7,011
Conferences and Meetings$1,819$3,947$42$5,808
Depreciation Depletion-$4,033-$4,033
Other Expenses$759$3,038$2,134$3,797
Information Technology$314$1,062$195$1,571
Total Functional Expenses$871,704$188,229$100,521$1,160,454

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,160,454
Expenses per Audited Statements$1,158,461
Total Expenses per Audited Statements$1,158,461
Expenses Not Reported on Financial Statements$1,993
Other Expense Adjustments$1,993
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$393,759
Fundraising Gross Income$390,493
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Charleston Mara$450,228$390,493$234,926$155,567
Total Events$450,228$390,493$393,759$-3,266
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
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 990 was distributed, discussed, and approved by the board prior to filing.

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

Organization regularly and consistently requires of board members and potential board members to disclose potential conflicts of interest.

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

The organization's executive board reviews compensation of executive director and compares to market data for deliberation and decision of currentsalary. The organization's board formally approves salary of executive director.

Form 990, Page 6, Part VI, Line 19

Governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Engaging Creative Minds
EIN
46-1710691
Phone
8432772016
Address
PO BOX 31875, CHARLESTON, SC 29417

Signing Officer

Name
Mikell Richards
Title
Treasurer
Phone
8432772016
Signed
2018-01-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Shanklin-peterson
Formed
2012
Legal Domicile
Sc
Voting Board Members
17
Independent Board Members
17
Employees
45
Volunteers
250

Preparer

Firm
Cynthia M Davis CPA LLC
Address
12 B CARRIAGE LN, CHARLESTON, SC 29407-6077
Preparer
Cynthia M Davis CPA
Phone
8432256470
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of engaging creative minds is to help students succeed through imagination and innovation, to become imaginative, adaptable and productive adults and to build stronger communities and a more capable south carolina workforce.

Form 990, Page 1, Part I, Line 6

The organization uses volunteer labor for the charleston marathon fundraiser and for various in-school and outreach events throughout the community.

Form 990, Part IX, Line 11G

Prof development expenses 2,043 5,873 885 prof development expenses 12,979 0 0 artist/partner expense 51,536 0 0 artist/partner expense 248,677 0 0 total 315,235 5,873 885

Form 990, Part XI, Line 9

Book / tax depreciation difference 1,993

Financial Statement Notes

Schedule D, Page 4, Part XII, Line 4B

Book / tax depreciation difference 1,993

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherExpensesGrp/Desc0IN SCHOOL SUPPLIES & MATE
IRS990/OtherExpensesGrp/Desc1STEAM SUPPLIES & MATERIAL
IRS990/OtherExpensesGrp/Desc2PROF DEVELOPMENT SUPPLIES
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IRS990/ProgSrvcAccomActy2Grp/Desc0TO PROVIDE HIGH QUALITY ARTS-INTEGRATED EDUCATIONAL PROGRAMS (IN-SCHOOL EXPERIENCES AND YEAR END FESTIVALS) FOR GRADES 3-8 IN CHARLESTON COUNTY SCHOOLS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0TO PROVIDE PROFESSIONAL DEVELOPMENT TRAINING AND COLLABORATIVE CURRICULUM DESIGN WORKSHOPS FOR TEACHERS, ARTISTS, AND PRINCIPALS IN TRI COUNTY SCHOOLS.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BOOK / TAX DEPRECIATION DIFFERENCE 1,993
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 4B
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