Civic Intelligence

Creating Sonrisas Inc.

990 • Fiscal year 2018 • EIN 82-1163523

Jan 01, 2018 to Dec 31, 2018 • Filed on Sep 27, 2019

3150 SW 38th Avenue 11th FloorMiami, FL 33146

(305) 373-5500

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

6th percentile

-74%

Higher net margin than 6% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

45th percentile

-0.1%

Faster asset growth than 45% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$44,993

Down $32 (-0.1%) from 2017

Net Assets

Down

$44,993

Down $32 (-0.1%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Down

$43

Down $44,982 (-100%) from 2017

Expenses

Up

$75

Up $75 from 2017

Net Income

Down

-$32

Down $45,057 (-100%) from 2017

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2017: $45,025Liabilities 2017: $0Net Assets 2017: $45,0252017Assets 2018: $44,993Liabilities 2018: $0Net Assets 2018: $44,9932018Assets 2019: $45,026Liabilities 2019: $0Net Assets 2019: $45,0262019

Highlighted filing

2018

Assets$44,993
Liabilities$0
Net Assets$44,993

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2017: $45,025Expenses 2017: $0Net Income 2017: $45,0252017Revenue 2018: $43Expenses 2018: $75Net Income 2018: -$322018Revenue 2019: $43Expenses 2019: $10Net Income 2019: $332019

Highlighted filing

2018

Revenue$43
Expenses$75
Net Income-$32
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Sep 27, 2019
Return Version
2018v3.1
Gross Receipts
$43
Mission and Program Overview

Mission

To assist low income families, particularly the elderly, with basic needs such as food, clothing, shelter, basic utilities, medication and transportation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$45,025$44,993▼ $32
Rtn Earn Endowment Incm Other Fnds$45,025$44,993▼ $32
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$45,025$44,993▼ $32
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$45,025$44,993▼ $32
Total Liabilities and Net Assets / Fund Balance$45,025$44,993▼ $32
Compensation and Service Providers

Board Members and Trustees

NameTitle
Antonio L ArgizPresident
Raul InceraSecretary
Ed S TorgasTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$43
Other Revenue
$0
Change in Net Assets
$-32
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$75
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses-$75-$75
Total Functional Expenses$0$75$0$75
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

PRINCIPAL OFFICER

Form 990, Part VI, Section B, Line 11B

A draft of the form 990 is provided to the governing body for review and approval prior to filing. The approved version is then filed upon acceptance by the governing body.

Form 990, Part VI, Section C, Line 19

The organization makes its form 990 available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Creating Sonrisas Inc
EIN
82-1163523
Phone
3053735500
Address
3150 SW 38TH AVENUE 11TH FLOOR, MIAMI, FL 33146

Signing Officer

Name
Ed S Torgas
Title
Treasurer
Phone
3053735500
Signed
2019-09-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ed S Torgas
Formed
2017
Legal Domicile
Fl
Voting Board Members
0
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Morrison Brown Argiz & Farra LLC
Address
301 E LAS OLAS BLVD 4TH FLOOR, FORT LAUDERDALE, FL 33301
Preparer
Miguel G Farra CPA
Phone
9547609000
Raw XML Appendix262 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST.
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