Southwest Creations Collaborative
990 • Fiscal year 2011 • EIN 85-0440047
Scores are not available for this record yet.
Assets
Flat$166,472
Flat from 2011
Net Assets
Flat-$241,898
Flat from 2011
Liabilities
Flat$408,370
Flat from 2011
Revenue
-
No earlier filing loaded for comparison.
Expenses
Flat$1,089,846
Flat from 2011
Net Income
-
No earlier filing loaded for comparison.
- Filing Period
- Jan 1, 2011 to Dec 31, 2011
- Signed
- Nov 9, 2012
- Return Version
- 2011v1.2
- Gross Receipts
- $1,052,861
Mission
The mission of southwest creations collaborative is to create dignified living wage jobs for women in new mexico through a sustainable manufacturing social enterprise that engages its employees, customers and the community in building strong families.
Filer
- EIN
- 85-0440047
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| IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation | 0 | SCC IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND HAS BEEN CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. SCC REGULARLY EVALUATES ACTIVITIES AS IT RELATES TO ITS TAX EXEMPT STATUS. CURRENTLY, SCC ENGAGES IN NO ACTIVITIES THAT CREATE UNRELATED BUSINESS INCOME. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN SCC'S FINANCIAL STATEMENTS. SCC'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. SCC'S OPEN AUDIT PERIODS ARE FOR THE YEARS ENDED DECEMBER 31, 2008 THROUGH 2011. SCC HAS ADOPTED THE PROVISIONS OF FASB ASC 740-10 "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES". SCC HAS NOT RECOGNIZED ANY CHANGES TO ITS FINANCIAL STATEMENTS FOR UNCERTAIN TAX POSITIONS RESULTING FROM THIS ADOPTION. |
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| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | THE MISSION OF SOUTHWEST CREATIONS COLLABORATIVE IS TO CREATE DIGNIFIED LIVING WAGE JOBS FOR WOMEN IN NEW MEXICO THROUGH A SUSTAINABLE MANUFACTURING SOCIAL ENTERPRISE THAT ENGAGES ITS EMPLOYEES, CUSTOMERS AND THE COMMUNITY IN BUILDING STRONG FAMILIES. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | THE DRAFT 990 INFORMATION RETURN IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | EACH YEAR AN ANNUAL BOARD RETREAT IS HELD AND A DISCUSSION TAKES PLACE REGARDING BOARD MEMBERS AND POTENTIAL CONFLICTS OF INTEREST. DURING THE RETREAT THE ORGANIZATION ENSURES THAT NO MEMBER WHO EXERCISES ANY FUNCTION WITH RESPECT TO THE ORGANIZATIONS ACTIVITIES OR WHO IS IN A POSITION TO PARTICIPATE IN A DECISION MAKING PROCESS WOULD OBTAIN A PERSONAL OR FINANCIAL INTEREST OR BENEFIT IN ANY WAY. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED BY AN ANNUAL REVIEW OF THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 4 | CURRENTLY THERE ARE NO OTHER OFFICERS OR KEY EMPLOYEES THAT ARE COMPENSATED BY THE ORGANIZATION. HOWEVER COMPENSATION OF THOSE POSITIONS WOULD BE DETERMINED BY AN ANNUAL REVIEW OF THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 5 | GOVERNING DOCUMENTS, POLICIES AND AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. |
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| IRS990ScheduleO/GeneralExplanation/Identifier | 1 | ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 2 | ENFORCEMENT OF CONFLICTS POLICY |
| IRS990ScheduleO/GeneralExplanation/Identifier | 3 | COMPENSATION PROCESS FOR TOP OFFICIAL |
| IRS990ScheduleO/GeneralExplanation/Identifier | 4 | COMPENSATION PROCESS FOR OFFICERS |
| IRS990ScheduleO/GeneralExplanation/Identifier | 5 | GOVERNING DOCUMENTS DISCLOSURE EXPLANATION |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 1 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 2 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 3 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 4 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 5 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990/ScheduleORequired | 0 | true |
| IRS990/School | 0 | false |
| IRS990/SignificantChange | 0 | false |
| IRS990/SignificantNewProgramServices | 0 | false |
| IRS990/StateLegalDomicile | 0 | NM |
| IRS990/StatesWhereCopyOfReturnIsFiled | 0 | NM |
| IRS990/SubjectToProxyTax | 0 | false |
| IRS990/TaxablePartyNotification | 0 | false |
| IRS990/TaxExemptBonds | 0 | false |
| IRS990/TemporarilyRestrictedNetAssets/BOY | 0 | 15000 |
| IRS990/TemporarilyRestrictedNetAssets/EOY | 0 | 15000 |
| IRS990/Terminated | 0 | false |
| IRS990/TermOrPermanentEndowments | 0 | false |
| IRS990/TheBooksAreInCareOf/AddressUS/AddressLine1 | 0 | 1308 4TH STREET NW |
| IRS990/TheBooksAreInCareOf/AddressUS/City | 0 | ALBUQUERQUE |
| IRS990/TheBooksAreInCareOf/AddressUS/State | 0 | NM |
| IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode | 0 | 87102 |
| IRS990/TheBooksAreInCareOf/NamePerson | 0 | SOUTHWEST CREATIONS COLLABORATIVE |
| IRS990/TheBooksAreInCareOf/TelephoneNumber | 0 | 5052478559 |
| IRS990/TotalAssets/BOY | 0 | 228842 |
| IRS990/TotalAssetsBOY | 0 | 228842 |
| IRS990/TotalAssets/EOY | 0 | 166472 |
| IRS990/TotalAssetsEOY | 0 | 166472 |
| IRS990/TotalCompGT150K | 0 | false |
| IRS990/TotalContributions | 0 | 197724 |
| IRS990/TotalExpensesCurrentYear | 0 | 1089846 |
| IRS990/TotalExpensesPriorYear | 0 | 1081502 |
| IRS990/TotalFunctionalExpenses/Fundraising | 0 | 12788 |
| IRS990/TotalFunctionalExpenses/ManagementAndGeneral | 0 | 150859 |
| IRS990/TotalFunctionalExpenses/ProgramServices | 0 | 926199 |
| IRS990/TotalFunctionalExpenses/Total | 0 | 1089846 |
| IRS990/TotalFundrsngExpCurrentYear | 0 | 12788 |
| IRS990/TotalGrossUBI | 0 | 0 |
| IRS990/TotalLiabilities/BOY | 0 | 433755 |
| IRS990/TotalLiabilitiesBOY | 0 | 433755 |
| IRS990/TotalLiabilities/EOY | 0 | 408370 |
| IRS990/TotalLiabilitiesEOY | 0 | 408370 |
| IRS990/TotalLiabNetAssetsFundBalances/BOY | 0 | 228842 |
| IRS990/TotalLiabNetAssetsFundBalances/EOY | 0 | 166472 |
| IRS990/TotalNbrEmployees | 0 | 22 |
| IRS990/TotalNetAssetsFundBalances/BOY | 0 | -204913 |
| IRS990/TotalNetAssetsFundBalances/EOY | 0 | -241898 |
| IRS990/TotalProfFundrsngExpCY | 0 | 0 |
| IRS990/TotalProgramServiceExpense | 0 | 926199 |
| IRS990/TotalProgramServiceRevenue | 0 | 855137 |
| IRS990/TotalReportableCompFromOrg | 0 | 52000 |
| IRS990/TotalRevenueCurrentYear | 0 | 1052861 |
| IRS990/TotalRevenuePriorYear | 0 | 1081163 |
| IRS990/TotalRevenue/RelatedOrExemptFunctionIncome | 0 | 855137 |
| IRS990/TotalRevenue/TotalRevenueColumn | 0 | 1052861 |
| IRS990/TransactionRelatedEntity | 0 | false |
| IRS990/TransfersToExemptNonChrtblOrg | 0 | false |
| IRS990/Travel/ManagementAndGeneral | 0 | 3441 |
| IRS990/Travel/ProgramServices | 0 | 10322 |
| IRS990/Travel/Total | 0 | 13763 |
| IRS990/TypeOfOrganizationCorporation | 0 | X |
| IRS990/UnrelatedBusinessIncome | 0 | false |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2011 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $166,472
- Liabilities
- $408,370
- Net assets
- -$241,898
- Revenue
- -
- Expenses
- $1,089,846
- Net income
- -