Civic Intelligence

Creative Tech Alliance

990 • Fiscal year 2021 • EIN 47-4123991

Jul 01, 2020 to Jun 30, 2021 • Filed on Apr 11, 2022

2829 University Avenue SE Suite 745Minneapolis, MN 55454

(651) 339-2871

Siviq Scores

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

Liabilities / Assets

65th percentile

0.01x

Higher debt load relative to assets than 65% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

64th percentile

0.01x

Higher debt load relative to revenue than 64% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

93rd percentile

72%

Higher net margin than 93% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

99th percentile

8506%

Faster asset growth than 99% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

100th percentile

98361%

Faster revenue growth than 100% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$175,480

Up $173,441 (+8506%) from 2020

Net Assets

Up

$173,166

Up $172,877 (+59819%) from 2020

Liabilities

Up

$2,314

Up $564 (+32%) from 2020

Revenue

Up

$240,245

Up $240,001 (+98361%) from 2020

Expenses

Up

$67,268

Up $64,354 (+2208%) from 2020

Net Income

Up

$172,977

Up $175,647 (+6579%) from 2020

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2017: $16,872Liabilities 2017: $6702017Assets 2018: $131,420Liabilities 2018: $807Net Assets 2018: $130,6132018Assets 2019: $2,959Liabilities 2019: $0Net Assets 2019: $2,9592019Assets 2020: $2,039Liabilities 2020: $1,750Net Assets 2020: $2892020Assets 2021: $175,480Liabilities 2021: $2,314Net Assets 2021: $173,1662021Assets 2022: $138,099Liabilities 2022: $44,274Net Assets 2022: $93,8252022Assets 2023: $57,661Liabilities 2023: $1,776Net Assets 2023: $55,8852023Assets 2024: $44,494Liabilities 2024: $2,343Net Assets 2024: $42,1512024Assets 2025: $40,192Liabilities 2025: $2,343Net Assets 2025: $37,8492025

Highlighted filing

2021

Assets$175,480
Liabilities$2,314
Net Assets$173,166

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2017: $122,424Expenses 2017: $106,222Net Income 2017: $16,2022017Revenue 2018: $351,730Expenses 2018: $237,318Net Income 2018: $114,4122018Revenue 2019: $45,808Expenses 2019: $173,462Net Income 2019: -$127,6542019Revenue 2020: $244Expenses 2020: $2,914Net Income 2020: -$2,6702020Revenue 2021: $240,245Expenses 2021: $67,268Net Income 2021: $172,9772021Revenue 2022: $536,664Expenses 2022: $616,005Net Income 2022: -$79,3412022Revenue 2023: $6,409Expenses 2023: $44,349Net Income 2023: -$37,9402023Revenue 2024: $2,390Expenses 2024: $16,124Net Income 2024: -$13,7342024Revenue 2025: $146Expenses 2025: $4,448Net Income 2025: -$4,3022025

Highlighted filing

2021

Revenue$240,245
Expenses$67,268
Net Income$172,977
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Apr 11, 2022
Return Version
2020v4.0
Gross Receipts
$240,245
Mission and Program Overview

Mission

Glitch is a community driven arts and education center for emerging game makers. We promote the exploration of digital games as a culture, career, and creative practice by equipping makers with the tools for success and offering opportunities to explore the creative process behind building digital games. Our organization supports emerging creators, makers, thinkers, and doers of new equipping makes with the tools for success and offering opportunities to explore the creative process behind building digital games. Our organization supports emerging creators, makers, thinkers, and doers of new work in digital games whose developing voices reveal significant potential, who are not recognized as established, and who take risks and embrace challenges in their approach to creation.

The creative technology alliance is dedicated to supporting creative technology entrepreneurs working at the forefront of art and technology. The organization aims to support this mission through real estate development and public engagement programming to build equitable, community-led spaces for minority entrepreneurs working at the forefront of art and technology.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,039$175,466▲ $173,427
Savings and Temporary Cash Investments-$14-
Total Assets$2,039$175,480▲ $173,441
Liabilities
Accounts Payable and Accrued Expenses$1,750$2,314▲ $564
Total Liabilities$1,750$2,314▲ $564
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$289$173,166▲ $172,877
Total Net Assets Fund Balance$289$173,166▲ $172,877
Total Liabilities and Net Assets / Fund Balance$2,039$175,480▲ $173,441
Compensation and Service Providers

Board Members and Trustees

NameTitle
Pornthong KraikulChair of the
Sharon FischlowitzVice Chair
Jeff AguyBoard Member
Stephen GuyBoard Member
Twila DangBoard Member
Nicolaas VanmeertenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$240,225
Program Service Revenue
$0
Investment Income
$20
Other Revenue
$0
All Other Contributions
$240,225
Change in Net Assets
$172,977
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$39,268
Grants and Similar Amounts Paid$28,000
Total Fundraising Expense$1,685
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$27,487$2,187$1,562$31,236
Grants to Domestic Individuals$28,000--$28,000
Fees for Services Accounting-$5,409-$5,409
Office Expenses$1,205$255$69$1,529
Insurance$569$45$32$646
Information Technology$394$32$22$448
Total Functional Expenses$57,655$7,928$1,685$67,268
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
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 2

Nicolaas vanmeeten treasurer husband of chair of board pornthong kraikul board chair wife of treasurer

Form 990, Page 6, Part VI, Line 11B

A copy of the return was presented to the board for review and questions. After review and approval by the board the return was/ will be filed.

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

Each member of the board is regularly required to complete a conflict of interest form and return it to the board for review. If there are conflicts of interest present, the board follows the organizations conflict of interest policy to ensure that the conflicts do not affect the organization.

Form 990, Page 6, Part VI, Line 19

The tax forms are avilable to the public through government websites and also on submitting a written request and after a reasonable period of time.

Filing and Contact Details

Filer

Filer Name
Creative Tech Alliance
EIN
47-4123991
Phone
6513392871
Address
2829 UNIVERSITY AVENUE SE SUITE 745, MINNEAPOLIS, MN 55454
Doing Business As
Creative Tech Alliance

Signing Officer

Name
Nicolaas Vanmeerten
Title
Treasurer
Phone
6513392871
Signed
2022-04-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nicolaas Vanmeerten
Formed
2015
Legal Domicile
Mn
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Priya K Srinivasan CPA LLC
Address
5217 W 73RD ST, EDINA, MN 55439-2206
Preparer
Priya Krishna Srinivasan
Phone
6123929205
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The creative technology alliance is dedicated to supporting creative technology entrepreneurs working at the forefront of art and technology. The organization aims to support this mission through real estate development and public engagement programming to build equitable, community-led spaces for minority entrepreneurs working at the forefront of art and technology.

Form 990, Page 2, Part III, Line 4A

Creative technology alliance established a fiscal sponsorship program and enrolled two projects that align with our mission: game devs of color expo and galaxy fund. The game devs of color expos mission is to amplify the creative power held by people of color in games. We do this by organizing revolutionary events, uniting our vibrant community, and building access to knowledge, funding, and opportunities. The galaxy fund is a prototype grant focused on the earliest stage of development. The funding will be given as an unrestricted prototype grant for each founder to use however they see fit for themselves and their business -- child care, hardware, software, part-time staff, coaching, legal, therapy.

Form 990, Page 2, Part III, Line 4D

In addition, the organization have been coordinating with local foundations and the city of st. Paul to develop a groundbreaking mixed-use space for creators at the forefront of art and technology. Due to covid-19, this project is currently being re-designed to better support its intended audience.

Form 990, Part IX, Line 11G

Contractors 27,487 2,187 1,562

Form 990, Part XI, Line 9

PENALTY -100

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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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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0A SECOND DISTRIBUTION IN THE AMOUNT OF 3,000 WILL BE GIVEN TO GRANT RECIPIENT UPON SUBMISSION OF THE FOLLOWING TWO ITEMS TO THE PROJECT MANAGER: - PROOF OF PROTOTYPE - A LINK TO SHARING WHAT THE GRANT RECIPIENT HAVE CREATED. THIS MAY BE A LINK TO A PLAYABLE BUILD OR GAME PLAY VIDEO PROVIDING DEMONSTRATION OR REPRESENTATION OF WORK. - PROOF OF PROCESS - A BRIEF WRITTEN RESPONSE TO THREE QUESTIONS ABOUT THE PROCESS AMOUNTING TO NO MORE THAN 500 WORDS. THE ABOVE SUBMISSIONS ARE DUE WITHIN 18 MONTHS OF SIGNING THE AGREEMENT.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CREATIVE TECHNOLOGY ALLIANCE IS DEDICATED TO SUPPORTING CREATIVE TECHNOLOGY ENTREPRENEURS WORKING AT THE FOREFRONT OF ART AND TECHNOLOGY. THE ORGANIZATION AIMS TO SUPPORT THIS MISSION THROUGH REAL ESTATE DEVELOPMENT AND PUBLIC ENGAGEMENT PROGRAMMING TO BUILD EQUITABLE, COMMUNITY-LED SPACES FOR MINORITY ENTREPRENEURS WORKING AT THE FOREFRONT OF ART AND TECHNOLOGY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CREATIVE TECHNOLOGY ALLIANCE ESTABLISHED A FISCAL SPONSORSHIP PROGRAM AND ENROLLED TWO PROJECTS THAT ALIGN WITH OUR MISSION: GAME DEVS OF COLOR EXPO AND GALAXY FUND. THE GAME DEVS OF COLOR EXPOS MISSION IS TO AMPLIFY THE CREATIVE POWER HELD BY PEOPLE OF COLOR IN GAMES. WE DO THIS BY ORGANIZING REVOLUTIONARY EVENTS, UNITING OUR VIBRANT COMMUNITY, AND BUILDING ACCESS TO KNOWLEDGE, FUNDING, AND OPPORTUNITIES. THE GALAXY FUND IS A PROTOTYPE GRANT FOCUSED ON THE EARLIEST STAGE OF DEVELOPMENT. THE FUNDING WILL BE GIVEN AS AN UNRESTRICTED PROTOTYPE GRANT FOR EACH FOUNDER TO USE HOWEVER THEY SEE FIT FOR THEMSELVES AND THEIR BUSINESS -- CHILD CARE, HARDWARE, SOFTWARE, PART-TIME STAFF, COACHING, LEGAL, THERAPY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IN ADDITION, THE ORGANIZATION HAVE BEEN COORDINATING WITH LOCAL FOUNDATIONS AND THE CITY OF ST. PAUL TO DEVELOP A GROUNDBREAKING MIXED-USE SPACE FOR CREATORS AT THE FOREFRONT OF ART AND TECHNOLOGY. DUE TO COVID-19, THIS PROJECT IS CURRENTLY BEING RE-DESIGNED TO BETTER SUPPORT ITS INTENDED AUDIENCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NICOLAAS VANMEETEN TREASURER HUSBAND OF CHAIR OF BOARD PORNTHONG KRAIKUL BOARD CHAIR WIFE OF TREASURER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A COPY OF THE RETURN WAS PRESENTED TO THE BOARD FOR REVIEW AND QUESTIONS. AFTER REVIEW AND APPROVAL BY THE BOARD THE RETURN WAS/ WILL BE FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EACH MEMBER OF THE BOARD IS REGULARLY REQUIRED TO COMPLETE A CONFLICT OF INTEREST FORM AND RETURN IT TO THE BOARD FOR REVIEW. IF THERE ARE CONFLICTS OF INTEREST PRESENT, THE BOARD FOLLOWS THE ORGANIZATIONS CONFLICT OF INTEREST POLICY TO ENSURE THAT THE CONFLICTS DO NOT AFFECT THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE TAX FORMS ARE AVILABLE TO THE PUBLIC THROUGH GOVERNMENT WEBSITES AND ALSO ON SUBMITTING A WRITTEN REQUEST AND AFTER A REASONABLE PERIOD OF TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CONTRACTORS 27,487 2,187 1,562
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8PENALTY -100
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 2
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0NICOLAAS VANMEERTEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06513392871
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-04-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CREATIVE TECH ALLIANCE
ReturnHeader/Filer/BusinessNameControlTxt0CREA
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ReturnHeader/Filer/PhoneNum06513392871
ReturnHeader/Filer/USAddress/AddressLine1Txt02829 UNIVERSITY AVENUE SE SUITE 745
ReturnHeader/Filer/USAddress/CityNm0MINNEAPOLIS
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PRIYA K SRINIVASAN CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05217 W 73RD ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EDINA
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ReturnHeader/PreparerPersonGrp/PhoneNum06123929205
ReturnHeader/PreparerPersonGrp/PreparationDt02022-04-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PRIYA KRISHNA SRINIVASAN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-04-19T11:58:09-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0NICOLAAS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0VANMEERTEN
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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