Civic Intelligence

Creative Waco

990EZ • Fiscal year 2015 • EIN 47-3755745

Feb 25, 2015 to Dec 31, 2015 • Filed on Jun 01, 2016

P O Box 1104Waco, TX 76703

(254) 214-7640

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.21x

Higher debt load relative to assets than 82% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

76th percentile

0.05x

Higher debt load relative to revenue than 76% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

76th percentile

19%

Higher net margin than 76% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

92nd percentile

$48,000

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 54.7% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

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

Source year 2015

Revenue Growth

Score unavailable

No value available

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

Source year 2015

Assets

$21,437

No earlier filing loaded for comparison.

Net Assets

$16,882

No earlier filing loaded for comparison.

Liabilities

$4,555

No earlier filing loaded for comparison.

Revenue

$87,822

No earlier filing loaded for comparison.

Expenses

$70,940

No earlier filing loaded for comparison.

Net Income

$16,882

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2015: $21,437Liabilities 2015: $4,555Net Assets 2015: $16,8822015Assets 2016: $357,617Liabilities 2016: $125,086Net Assets 2016: $232,5312016Assets 2017: $242,184Liabilities 2017: $25,885Net Assets 2017: $216,2992017Assets 2018: $677,402Liabilities 2018: $86,362Net Assets 2018: $591,0402018Assets 2019: $445,548Liabilities 2019: $103,529Net Assets 2019: $342,0192019Assets 2020: $555,013Liabilities 2020: $53,984Net Assets 2020: $501,0292020Assets 2021: $656,232Liabilities 2021: $77,477Net Assets 2021: $578,7552021Assets 2022: $725,072Liabilities 2022: $55,000Net Assets 2022: $670,0722022Assets 2023: $882,494Liabilities 2023: $54,646Net Assets 2023: $827,8482023Assets 2024: $925,446Liabilities 2024: $25,157Net Assets 2024: $900,2892024

Highlighted filing

2015

Assets$21,437
Liabilities$4,555
Net Assets$16,882

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2015: $87,822Expenses 2015: $70,940Net Income 2015: $16,8822015Revenue 2016: $410,004Expenses 2016: $194,405Net Income 2016: $215,5992016Revenue 2017: $572,148Expenses 2017: $423,380Net Income 2017: $148,7682017Revenue 2018: $1,237,111Expenses 2018: $862,370Net Income 2018: $374,7412018Revenue 2019: $564,508Expenses 2019: $813,529Net Income 2019: -$249,0212019Revenue 2020: $675,815Expenses 2020: $602,305Net Income 2020: $73,5102020Revenue 2021: $823,242Expenses 2021: $745,516Net Income 2021: $77,7262021Revenue 2022: $1,093,663Expenses 2022: $1,002,346Net Income 2022: $91,3172022Revenue 2023: $1,590,206Expenses 2023: $1,432,430Net Income 2023: $157,7762023Revenue 2024: $1,198,054Expenses 2024: $1,125,613Net Income 2024: $72,4412024

Highlighted filing

2015

Revenue$87,822
Expenses$70,940
Net Income$16,882
Jump To
Filing Snapshot
Filing Period
Feb 25, 2015 to Dec 31, 2015
Signed
Jun 1, 2016
Return Version
2015v2.1
Gross Receipts
$90,995
Mission and Program Overview

Mission

Creative waco's mission is to grow and support a thriving cultural and creative community in waco, texas.

Program Services

DescriptionGrantsExpenses
FORMED THE INFRASTRUCTURE AND PUBLIC-PRIVATE PARTNERSHIPS NECESSARY FOR WACO TO SUBMIT AN APPLICATION FOR STATE DESIGNATION OF WACO DOWNTOWN CULTURAL DISTRICT.BENEFICIARIES: WHOLE COMMUNITY$0$28,298
CO-ORDINATED WACO ARTS ALLIANCE, PROVIDING TRAINING, INFORMATION, SERVICES AND ONLINE RESOURCES TO SUPPORT ARTS AND CULTURAL ORGANIZATIONS AND PROGRAMMING, AND LEADING TO CREATIVE WACO BECOMING WACO'S LOCAL ARTS AGENCY FOR GRANTMAKING TO THE ARTS IN 2016.BENEFICIARIES: 84 ORGANIZATIONS AND INDIVIDUALS$0$22,403
GATHERED RESOURCES AND DEVELOPED OPERATIONAL STRUCTURE FOR WACO'S PARTICIPATION AS A FOCUS CITY IN AMERICANS FOR THE ARTS "ARTS & ECONOMIC PROSPERITY 5" NATIONAL SURVEY.BENEFICIARIES: WHOLE COMMUNITY$0$9,350
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
FIONA BONDExecutive DirectorPT$48,000-$48,000
CHARLES D OLSONChair-$0--
LISA SHELDONVice Chair-$0--
LINDA HATCHELSecretary-$0--
KENDALL ARTZTreasurer-$0--
CHRIS MCGOWANDirector-$0--
TERRY STEVENSDirector-$0--
DALE FISSELERDirector-$0--
Filing and Contact Details

Filer

Filer Name
Creative Waco
EIN
47-3755745
Phone
2542147640
Address
P O BOX 1104, WACO, TX 76703

Signing Officer

Name
Fiona Bond
Title
Executive Director
Phone
2542147640
Signed
2016-06-01
Discuss with paid preparer
Yes

Preparer

Firm
Pattillo Brown & Hill Llp
Address
P O BOX 20725, WACO, TX 76702-0725
Preparer
Jennifer Manning
Phone
2547724901
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 7 - Sales of Inventory

Income: gross receipts: 4,578. Returns and allowances: 0. Less cost of goods sold: 3,173. Gross profit: 1,405. Cost of goods sold: inventory at beginning of year: 0. Merchandise purchased: 3,173. Cost of labor: 0. Materials and supplies: 0. Other costs: 0. Inventory at end of year: 0. Cost of goods sold: 3,173.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: conferences, conventions, meetings. Amount: 1,797. Description: insurance. Amount: 1,089. Description: office expense. Amount: 62. Total to form 990-ez, line 16: 2,948.

Form 990-ez, Part II, Line 24 - Other Assets

Description: grants receivable. Beg. Of year amount: 0. End of year amount: 9,000.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 0. End of year amount: 240. Description: accrued liabilities. Beg. Of year amount: 0. End of year amount: 4,000. Description: sales tax payable. Beg. Of year amount: 0. End of year amount: 315.

Raw XML Appendix181 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.

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IRS990EZ/PrimaryExemptPurposeTxt0CREATIVE WACO'S MISSION IS TO GROW AND SUPPORT A THRIVING CULTURAL AND CREATIVE COMMUNITY IN WACO, TEXAS.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATION WAS ESTABLISHED FEBRUARY 25, 2015; THEREFORE, 2015 WAS A SHORT YEAR FOR THE ORGANIZATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, SHORT YEAR EXPLANATION:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INCOME: GROSS RECEIPTS: 4,578. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 3,173. GROSS PROFIT: 1,405. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 0. MERCHANDISE PURCHASED: 3,173. COST OF LABOR: 0. MATERIALS AND SUPPLIES: 0. OTHER COSTS: 0. INVENTORY AT END OF YEAR: 0. COST OF GOODS SOLD: 3,173.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: CONFERENCES, CONVENTIONS, MEETINGS. AMOUNT: 1,797. DESCRIPTION: INSURANCE. AMOUNT: 1,089. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 62. TOTAL TO FORM 990-EZ, LINE 16: 2,948.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: GRANTS RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 9,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 240. DESCRIPTION: ACCRUED LIABILITIES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 4,000. DESCRIPTION: SALES TAX PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 315.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02016-12-15 16:53:06Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02542147640
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-06-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CREATIVE WACO
ReturnHeader/Filer/BusinessNameControlTxt0CREA
ReturnHeader/Filer/EIN0473755745
ReturnHeader/Filer/PhoneNum02542147640
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PATTILLO BROWN & HILL LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0P O BOX 20725
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WACO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0767020725
ReturnHeader/PreparerPersonGrp/PhoneNum02547724901
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JENNIFER MANNING
ReturnHeader/ReturnTs02016-06-09T08:30:34-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-02-25
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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