Civic Intelligence

Cresset Academy Educational Foundation

990EZ • Fiscal year 2016 • EIN 56-2073623

Jun 01, 2015 to May 31, 2016 • Filed on Feb 14, 2017

Organization ProfileN/A
3707 Garrett RdDurham, NC 27707

(919) 489-2655

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2016

Net Margin

84th percentile

39%

Higher net margin than 84% of similar nonprofits.

2016 filings • NTEE B11 • <$500k nonprofits • Source year 2016

Top Officer Pay

96th percentile

$0

Higher top officer pay than 96% of similar nonprofits.

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

2016 filings • NTEE B11 • <$500k nonprofits • Source year 2016

Asset Growth

79th percentile

40%

Faster asset growth than 79% of similar nonprofits.

2016 filings • NTEE B11 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

33rd percentile

-11%

Faster revenue growth than 33% of similar nonprofits.

2016 filings • NTEE B11 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Flat

$126,773

Flat from 2016

Net Assets

$126,773

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin84th percentile

Revenue

Flat

$93,580

Flat from 2016

Expenses

Flat

$57,167

Flat from 2016

Net Income

Flat

$36,413

Flat from 2016

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

$300K$200K$100K$0-$100KAssets 2010: $163,333Liabilities 2010: $0Net Assets 2010: $163,3332010Assets 2011: $176,908Liabilities 2011: $0Net Assets 2011: $176,9082011Assets 2012: $112,000Liabilities 2012: $0Net Assets 2012: $112,0002012Assets 2014: $85,958Liabilities 2014: $0Net Assets 2014: $85,9582014Assets 2015: $90,360Liabilities 2015: $0Net Assets 2015: $90,3602015Assets 2016: $126,773Net Assets 2016: $126,7732016Assets 2016: $126,773Liabilities 2016: $02016Assets 2017: $98,915Liabilities 2017: $02017Assets 2018: $154,225Net Assets 2018: $154,2252018Assets 2022: $136,772Liabilities 2022: $136,7102022Assets 2023: $136,708Liabilities 2023: $136,6942023Assets 2024: $202,358Liabilities 2024: $201,8922024Assets 2025: $194,082Liabilities 2025: $206,216Net Assets 2025: -$12,1342025

Highlighted filing

2016

Assets$126,773
Liabilities-
Net Assets$126,773
Open 2016 Filing

Operations Trend

Revenue Growth33rd percentile

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

$200K$100K$0-$100KExpenses 2010: $33,9792010Expenses 2011: $48,4822011Expenses 2012: $106,4402012Revenue 2014: $41,373Expenses 2014: $49,547Net Income 2014: -$8,1742014Revenue 2015: $105,452Expenses 2015: $86,640Net Income 2015: $18,8122015Revenue 2016: $93,580Expenses 2016: $57,167Net Income 2016: $36,4132016Revenue 2016: $93,580Expenses 2016: $57,167Net Income 2016: $36,4132016Revenue 2017: $24,601Expenses 2017: $16,937Net Income 2017: $7,6642017Revenue 2018: $60,976Expenses 2018: $14,159Net Income 2018: $46,8172018Revenue 2022: $58,376Expenses 2022: $46,398Net Income 2022: $11,9782022Revenue 2023: $16,177Expenses 2023: $11,908Net Income 2023: $4,2692023Revenue 2024: $173,244Expenses 2024: $126,512Net Income 2024: $46,7322024Revenue 2025: $72,843Expenses 2025: $117,325Net Income 2025: -$44,4822025

Highlighted filing

2016

Revenue$93,580
Expenses$57,167
Net Income$36,413
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2015 to May 31, 2016
Signed
Feb 14, 2017
Return Version
2015v3.0
Gross Receipts
$102,866
Mission and Program Overview

Mission

The Cresset Academy Educational Foundation (CAEF) mission is to provide the financial foundation to enhance the distinctly Christian educational opportunity for every student at Cresset Christian Academy (CCA) through scholarships, capital improvements, and support for athletics, fine arts, and other needs, ensuring a biblical worldview and academic excellence for life.

Supporting organization for cresset baptist church/cresset christian academy

Program Services

DescriptionGrantsExpenses
TO PROVIDE AN ENDOWMENT PROGRAM FOR THE LONG-TERM SUPPORT OF THE SCHOOL TO CRESSET BAPTIST CHURCH AND CRESSET CHRISTIAN ACADEMY FOR STUDENT SCHOLARSHIPS, ENHANCEMENT OF THE PHYSICAL FACILITIES AND OTHER PROJECTS.-$55,244
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TY GREENPresidentPT$0--
LAURENCE VUELTAVice Pr/SecPT$0--
LORRAINE TIDWELLTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Cresset Academy Educational
EIN
56-2073623
Phone
9194892655
Address
3707 GARRETT RD, DURHAM, NC 27707

Signing Officer

Name
Lorraine Tidwell
Title
Treasurer
Phone
9194892655
Signed
2017-02-14

Preparer

Firm
Minor Anglin & Associates Pa
Address
3608 SHANNON RD SUITE 105, DURHAM, NC 27707
Preparer
Kim E Anglin CPA
Phone
9194932603
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses bank charges 281 donation-cresset christia 50,235 unrealized losses on inve 5,009 total 55,525”

Form 990-ez, Part III

“Supporting organization for cresset baptist church/cresset christian academy”

Form 990-ez, Part III, Line 28

“To provide an endowment program for the long-term support of the school to cresset baptist church and cresset christian academy for student scholarships, enhancement of the physical facilities and other projects.”

Raw XML Appendix134 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0DURHAM
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
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IRS990EZ/InfoInScheduleOPartIIIInd0X
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt090360
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PR/SEC
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt055525
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SUPPORTING ORGANIZATION FOR CRESSET BAPTIST CHURCH/CRESSET CHRISTIAN ACADEMY
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE AN ENDOWMENT PROGRAM FOR THE LONG-TERM SUPPORT OF THE SCHOOL TO CRESSET BAPTIST CHURCH AND CRESSET CHRISTIAN ACADEMY FOR STUDENT SCHOLARSHIPS, ENHANCEMENT OF THE PHYSICAL FACILITIES AND OTHER PROJECTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt055244
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SaleOfAssetsGrossAmt011245
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt057167
IRS990EZ/TotalProgramServiceExpensesAmt055244
IRS990EZ/TotalRevenueAmt093580
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0560707033
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt050032
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0CRESSET CHRISTIAN ACADEMY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt050032
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES BANK CHARGES 281 DONATION-CRESSET CHRISTIA 50,235 UNREALIZED LOSSES ON INVE 5,009 TOTAL 55,525
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SUPPORTING ORGANIZATION FOR CRESSET BAPTIST CHURCH/CRESSET CHRISTIAN ACADEMY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO PROVIDE AN ENDOWMENT PROGRAM FOR THE LONG-TERM SUPPORT OF THE SCHOOL TO CRESSET BAPTIST CHURCH AND CRESSET CHRISTIAN ACADEMY FOR STUDENT SCHOLARSHIPS, ENHANCEMENT OF THE PHYSICAL FACILITIES AND OTHER PROJECTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0LORRAINE TIDWELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09194892655
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CRESSET ACADEMY EDUCATIONAL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0CRES
ReturnHeader/Filer/EIN0562073623
ReturnHeader/Filer/PhoneNum09194892655
ReturnHeader/Filer/USAddress/AddressLine1Txt03707 GARRETT RD
ReturnHeader/Filer/USAddress/CityNm0DURHAM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027707
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204364642
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MINOR ANGLIN & ASSOCIATES PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03608 SHANNON RD SUITE 105
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DURHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027707
ReturnHeader/PreparerPersonGrp/PhoneNum09194932603
ReturnHeader/PreparerPersonGrp/PreparationDt02017-02-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KIM E ANGLIN CPA
ReturnHeader/ReturnTs02017-02-14T10:35:02-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-06-01
ReturnHeader/TaxPeriodEndDt02016-05-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$126,773
Liabilities
-
Net assets
$126,773
Revenue
$93,580
Expenses
$57,167
Net income
$36,413
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.94$2.06$0.12$0.73$1.17$0.44
2024Summary only. Only limited summary data is available for this year.$2.02$2.02$1.73$1.27$0.47
2023Summary only. Only limited summary data is available for this year.$1.37$1.37$0.16$0.12$0.04
2022Summary only. Only limited summary data is available for this year.$1.37$1.37$0.58$0.46$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.54$1.54$0.61$0.14$0.47
2017Summary only. Only limited summary data is available for this year.$0.99$0.00$0.25$0.17$0.08
2016Detailed filing. Detailed filing data is available for this year.$1.27$1.27$0.94$0.57$0.36
2016Summary only. Only limited summary data is available for this year.$1.27$0.00$0.94$0.57$0.36
2015Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$1.05$0.87$0.19
2014Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$0.41$0.50$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.00$1.12$1.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.77$0.00$1.77$0.48
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$0.00$1.63$0.34