Civic Intelligence

Creed - the Center of Resources for Economic Education and Development

990 • Fiscal year 2011 • EIN 87-0586965

Jan 01, 2011 to Dec 31, 2011 • Filed on May 15, 2012

Organization Profilewww.creedinc.org
201 Lake Village Dr75071
Siviq Scores

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

Liabilities / Assets

53rd percentile

0.00x

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

2011 filings • 501(c)3 • <$500k nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

25th percentile

-18%

Faster asset growth than 25% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets53rd percentile

Assets

Down

$147,274

Down $31,922 (-18%) from 2010

Net Assets

Down

$147,274

Down $22,033 (-13%) from 2010

Liabilities

Down

$0

Down $9,889 (-100%) from 2010

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$34,340

Up $24,123 (+236%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth25th percentile

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

$200K$150K$100K$50K$0Assets 2010: $179,196Liabilities 2010: $9,889Net Assets 2010: $169,3072010Assets 2011: $147,274Liabilities 2011: $0Net Assets 2011: $147,2742011Assets 2012: $125,631Liabilities 2012: $0Net Assets 2012: $125,6312012Assets 2013: $108,450Liabilities 2013: $0Net Assets 2013: $108,4502013Assets 2014: $74,133Liabilities 2014: $0Net Assets 2014: $74,1332014Assets 2015: $50,273Liabilities 2015: $0Net Assets 2015: $50,2732015Assets 2016: $35,787Liabilities 2016: $0Net Assets 2016: $35,7872016

Highlighted filing

2011

Assets$147,274
Liabilities$0
Net Assets$147,274
Open 2011 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$60K$40K$20K$0-$20K-$40KExpenses 2010: $10,2172010Expenses 2011: $34,3402011Revenue 2012: $9,299Expenses 2012: $30,942Net Income 2012: -$21,6432012Revenue 2013: $7,187Expenses 2013: $24,368Net Income 2013: -$17,1812013Revenue 2014: $5,924Expenses 2014: $40,241Net Income 2014: -$34,3172014Revenue 2015: $4,668Expenses 2015: $28,528Net Income 2015: -$23,8602015Revenue 2016: $7,974Expenses 2016: $22,460Net Income 2016: -$14,4862016

Highlighted filing

2011

Revenue-
Expenses$34,340
Net Income-
Open 2011 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
May 15, 2012
Return Version
2011v1.2
Gross Receipts
$12,307
Mission and Program Overview

Mission

Creed provides scholarships and grants to students needing assistance. In addition, they provide humanitarian school kits for children as well as micro business plans for people in 3rd world countries that are looking for self-sufficiency.

Filing and Contact Details

Filer

EIN
87-0586965
Raw XML Appendix299 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
IRS990/AccountantCompileOrReview0false
IRS990/AccountsReceivable/BOY02021
IRS990/ActivitiesConductedPartnership0false
IRS990/ActivityOrMissionDescription0Creed provides scholarships and grants to students needing assistance In addition they provide humanitarian school kits for children as well as micro business plans for people in 3rd world countries that are looking for self-sufficiency
IRS990/Advertising/ManagementAndGeneral0429
IRS990/Advertising/Total0429
IRS990/AnnualDisclosureCoveredPersons0true
IRS990/BenefitsPaidToMembersCY00
IRS990/BsnssRltnshpThruFamilyMember0false
IRS990/BsnssRltnshpWithOrganization0false
IRS990/CashNonInterestBearing/BOY0177175
IRS990/CashNonInterestBearing/EOY0141224
IRS990/ChangesToOrganizingDocs0false
IRS990/CollectionsOfArt0false
IRS990/CompensationFromOtherSources0false
IRS990/CompensationProcessCEO0false
IRS990/CompensationProcessOther0false
IRS990/ComplianceWithBackupWitholding0true
IRS990/ConflictOfInterestPolicy0true
IRS990/ConservationEasements0false
IRS990/ConsolidatedAuditFinancialStmt0false
IRS990/ContributionsGrantsCurrentYear011715
IRS990/ContributionsGrantsPriorYear09369
IRS990/CreditCounseling0false
IRS990/DecisionsSubjectToApproval0false
IRS990/DeductibleContributionsOfArt0false
IRS990/DeductibleNonCashContributions0false
IRS990/DelegationOfManagementDuties0false
IRS990/DescribedIn501C30true
IRS990/Description0College Tuition and Expenses for Student
IRS990/DisregardedEntity0false
IRS990/DocumentRetentionPolicy0false
IRS990/DonorAdvisedFunds0true
IRS990/ElectionOfBoardMembers0false
IRS990/EmploymentTaxReturnsFiled0true
IRS990/ExcessBenefitTransaction0false
IRS990/Expense027765
IRS990/FamilyOrBusinessRelationship0false
IRS990/FederalGrantAuditRequired0false
IRS990/FederatedCampaigns011715
IRS990/FollowSFAS1170X
IRS990/ForeignActivities0false
IRS990/ForeignFinancialAccount0false
IRS990/ForeignOffice0false
IRS990/Form1098CFiled0false
IRS990/Form8282PropertyDisposedOf0false
IRS990/Form8899Filed0false
IRS990/Form990PartVIISectionA/AverageHoursPerWeek015.00
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector0X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector1X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector2X
IRS990/Form990PartVIISectionA/NamePerson0Andrew Anson
IRS990/Form990PartVIISectionA/NamePerson1Jeremy Beitler
IRS990/Form990PartVIISectionA/NamePerson2Wendell Brock
IRS990/Form990PartVIISectionA/Officer0X
IRS990/Form990PartVIISectionA/OtherCompensation00
IRS990/Form990PartVIISectionA/OtherCompensation10
IRS990/Form990PartVIISectionA/OtherCompensation20
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization00
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization10
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization20
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs00
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs10
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs20
IRS990/Form990PartVIISectionA/Title0Executive Director
IRS990/Form990ProvidedToGoverningBody0true
IRS990/FormersListed0false
IRS990/FSAudited0false
IRS990/FundraisingActivities0false
IRS990/FundsToPayPremiums0false
IRS990/Gaming0false
IRS990/GrantsAndSimilarAmntsCY014200
IRS990/GrantsAndSimilarAmntsPriorYear02363
IRS990/GrantsToDomesticIndividuals/ProgramServices014200
IRS990/GrantsToDomesticIndividuals/Total014200
IRS990/GrantsToIndividuals0true
IRS990/GrantsToOrganizations0false
IRS990/GrantToRelatedPerson0false
IRS990/GrossReceipts012307
IRS990/GroupReturnForAffiliates0false
IRS990/Hospital0false
IRS990/IndependentAuditFinancialStmt0false
IRS990/IndoorTanningServices0false
IRS990/InfoInScheduleOPartVI0X
IRS990/InvestmentIncomeCurrentYear0592
IRS990/InvestmentIncome/RelatedOrExemptFunctionIncome0592
IRS990/InvestmentIncome/TotalRevenueColumn0592
IRS990/InvestmentInJointVenture0false
IRS990/LoanToOfficerOrDQP0false
IRS990/LobbyingActivities0false
IRS990/LocalChapters0false
IRS990/MaterialDiversionOrMisuse0false
IRS990/MembersOrStockholders0false
IRS990/MethodOfAccountingCash0X
IRS990/MinutesOfCommittees0true
IRS990/MinutesOfGoverningBody0true
IRS990/MissionDescription0Creed provides scholarships and grants to students needing assistance In addition they provide humanitarian school kits for children as well as micro business plans for people in 3rd world countries that are looking for self-sufficiency
IRS990/MoreThan5000KToIndividuals0false
IRS990/MoreThan5000KToOrganizations0false
IRS990/NameOfPrincipalOfficerPerson0Wendell Brock
IRS990/NbrIndependentVotingMembers02
IRS990/NbrVotingGoverningBodyMembers03
IRS990/NbrVotingMembersGoverningBody03
IRS990/NetAssetsOrFundBalancesBOY0169307
IRS990/NetAssetsOrFundBalancesEOY0147274
IRS990/NetUnrelatedBusinessTxblIncome00
IRS990/NoListedPersonsCompensated0X
IRS990/NonDeductibleContributions0false
IRS990/NumberFormsTransmittedWith109600
IRS990/NumberIndependentVotingMembers02
IRS990/NumberIndividualsGT100K00
IRS990/NumberOfEmployees00
IRS990/NumberW2GIncluded00
IRS990/Occupancy/ManagementAndGeneral0500
IRS990/Occupancy/Total0500
IRS990/OfficeExpenses/ManagementAndGeneral0494
IRS990/OfficeExpenses/Total0494
IRS990/OfficerEntityWithBsnssRltnshp0false
IRS990/OfficerMailingAddress0false
IRS990/Organization501c30X
IRS990/OtherAssetsTotal/EOY06050
IRS990/OtherExpensePriorYear07854
IRS990/OtherExpensesCurrentYear020140
IRS990/OtherExpenses/Description0Program expenses
IRS990/OtherExpenses/Description1Scholarship
IRS990/OtherExpenses/Description2Contract services
IRS990/OtherExpenses/ManagementAndGeneral02186
IRS990/OtherExpenses/ProgramServices010695
IRS990/OtherExpenses/ProgramServices12870
IRS990/OtherExpenses/Total010695
IRS990/OtherExpenses/Total12870
IRS990/OtherExpenses/Total22186
IRS990/OtherLiabilities/BOY09889
IRS990/OtherRevenueCurrentYear00
IRS990/PartialLiquidation0false
IRS990/PoliticalActivities0false
IRS990/PremiumsPaid0false
IRS990/PriorExcessBenefitTransaction0false
IRS990/ProfessionalFundraising0false
IRS990/ProgramServiceRevenueCY00
IRS990/ProhibitedTaxShelterTrans0false
IRS990/QuidProQuoContributions0false
IRS990/ReconcilationOtherChanges00
IRS990/ReconcilationRevenueExpenses0-22033
IRS990/RegularMonitoringEnforcement0true
IRS990/RelatedEntity0false
IRS990/RelatedOrgControlledEntity0false
IRS990/ReportFin48Footnote0false
IRS990/ReportInvestOthSecurities0false
IRS990/ReportLandBldgEquip0false
IRS990/ReportOtherAssets0false
IRS990/ReportOtherLiabilities0false
IRS990/ReportProgRelInvest0false
IRS990/RevenuesLessExpensesCY0-22033
IRS990/RevenuesLessExpensesPriorYear0-848
IRS990/SalariesEtcCurrentYear00
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYear011716
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus1Year09369
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus2Years013739
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus3Years0177352
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus4Years04093
IRS990ScheduleA/GiftsGrantsContribReceived509/Total0216269
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYear0592
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus2Years0992
IRS990ScheduleA/GrossInvestmentIncome509/Total01584
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYear0592
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus2Years0992
IRS990ScheduleA/InvestmentIncomeAndUBTI/Total01584
IRS990ScheduleA/InvestmentIncomePercentage00.00730
IRS990ScheduleA/PubliclySupportedOrg509a20X
IRS990ScheduleA/PublicSupportPercentage50900.99270
IRS990ScheduleA/PublicSupportTotal5090216269
IRS990ScheduleA/ThirtyThreePercntTestsCY5090X
IRS990ScheduleA/Total509/CurrentTaxYear011716
IRS990ScheduleA/Total509/CurrentTaxYearMinus1Year09369
IRS990ScheduleA/Total509/CurrentTaxYearMinus2Years013739
IRS990ScheduleA/Total509/CurrentTaxYearMinus3Years0177352
IRS990ScheduleA/Total509/CurrentTaxYearMinus4Years04093
IRS990ScheduleA/Total509/Total0216269
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYear012308
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus1Year09369
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus2Years014731
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus3Years0177352
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus4Years04093
IRS990ScheduleA/TotalSupportTotal/Total0217853
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990/ScheduleBRequired0true
IRS990ScheduleD/DisclosedForCharitablePurposes0true
IRS990ScheduleD/DisclosedOrgsLegalControl0true
IRS990ScheduleD/OtherAssets/BookValue01200
IRS990ScheduleD/OtherAssets/BookValue14850
IRS990ScheduleD/OtherAssets/Description0Other Asset
IRS990ScheduleD/OtherAssets/Description1Accion Texas
IRS990ScheduleD/TotalBookValueOtherAssets06050
IRS990ScheduleI/Form990ScheduleIPartIII/TypeOfGrant0Tuition and Education Expenses
IRS990ScheduleI/RecordsMaintained0false
IRS990/ScheduleJRequired0false
IRS990ScheduleO/GeneralExplanation/Explanation0Form 990 reviewd by governing body
IRS990ScheduleO/GeneralExplanation/Explanation1Organization has a conflict of interest policy
IRS990ScheduleO/GeneralExplanation/Explanation2Governing documents available to public upon request
IRS990ScheduleO/GeneralExplanation/Identifier001. Form 990 governing body review (Part VI, line 11)
IRS990ScheduleO/GeneralExplanation/Identifier102. Conflict of interest policy compliance (Part VI, line 12c)
IRS990ScheduleO/GeneralExplanation/Identifier203. Governing documents, etc, available to public (Part VI, line 19)
IRS990/ScheduleORequired0true
IRS990/School0false
IRS990/SignificantChange0false
IRS990/SignificantNewProgramServices0false
IRS990/StateLegalDomicile0TX
IRS990/TaxablePartyNotification0false
IRS990/TaxExemptBonds0false
IRS990/Terminated0false
IRS990/TermOrPermanentEndowments0false
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine10201 Lake Village Dr
IRS990/TheBooksAreInCareOf/AddressUS/City0McKinney
IRS990/TheBooksAreInCareOf/AddressUS/State0TX
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode075071
IRS990/TheBooksAreInCareOf/NamePerson0Wendell Brock
IRS990/TheBooksAreInCareOf/TelephoneNumber02147833865
IRS990/TotalAssets/BOY0179196
IRS990/TotalAssetsBOY0179196
IRS990/TotalAssets/EOY0147274
IRS990/TotalAssetsEOY0147274
IRS990/TotalCompGT150K0false
IRS990/TotalContributions011715
IRS990/TotalExpensesCurrentYear034340
IRS990/TotalExpensesPriorYear010217
IRS990/TotalFunctionalExpenses/Fundraising00
IRS990/TotalFunctionalExpenses/ManagementAndGeneral06575
IRS990/TotalFunctionalExpenses/ProgramServices027765
IRS990/TotalFunctionalExpenses/Total034340
IRS990/TotalFundrsngExpCurrentYear00
IRS990/TotalGrossUBI00
IRS990/TotalLiabilities/BOY09889
IRS990/TotalLiabilitiesBOY09889
IRS990/TotalLiabilities/EOY00
IRS990/TotalLiabilitiesEOY00
IRS990/TotalLiabNetAssetsFundBalances/BOY0179196
IRS990/TotalLiabNetAssetsFundBalances/EOY0147274
IRS990/TotalNbrEmployees00
IRS990/TotalNbrVolunteers03
IRS990/TotalNetAssetsFundBalances/BOY0169307
IRS990/TotalNetAssetsFundBalances/EOY0147274
IRS990/TotalOtherCompensation00
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProgramServiceExpense027765
IRS990/TotalReportableCompFrmRltdOrgs00
IRS990/TotalReportableCompFromOrg00
IRS990/TotalRevenueCurrentYear012307
IRS990/TotalRevenue/ExclusionAmount00
IRS990/TotalRevenuePriorYear09369
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome0592
IRS990/TotalRevenue/TotalRevenueColumn012307
IRS990/TotalRevenue/UnrelatedBusinessRevenue00
IRS990/TransactionRelatedEntity0false
IRS990/TransfersToExemptNonChrtblOrg0false
IRS990/Travel/ManagementAndGeneral02966
IRS990/Travel/Total02966
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome0false
IRS990/UnrestrictedNetAssets/BOY0169307
IRS990/UnrestrictedNetAssets/EOY0147274
IRS990/UponRequest0X
IRS990/WebSite0www.creedinc.org
IRS990/WhistleblowerPolicy0true
IRS990/YearFormation02006
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0870586965
ReturnHeader/Filer/Name/BusinessNameLine10CREED Inc
ReturnHeader/Filer/NameControl0CREE
ReturnHeader/Filer/USAddress/AddressLine10201 Lake Village Dr
ReturnHeader/Filer/USAddress/City0McKinney
ReturnHeader/Filer/USAddress/State0TX
ReturnHeader/Filer/USAddress/ZIPCode075071
ReturnHeader/Officer/AuthorizeThirdParty0false
ReturnHeader/Officer/DateSigned02012-05-15
ReturnHeader/Officer/Name0Wendell Brock
ReturnHeader/Officer/Phone02147833865
ReturnHeader/Officer/Title0Executive Direc
ReturnHeader/Preparer/DatePrepared02012-07-23
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10Keith M Earl CPA
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine10PO Box 381269
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0Duncanville
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0TX
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode0751381269
ReturnHeader/Preparer/Name0Keith M Earl CPA
ReturnHeader/Preparer/Phone04695836209
ReturnHeader/Preparer/SelfEmployed0X
ReturnHeader/ReturnType0990
ReturnHeader/TaxPeriodBeginDate02011-01-01
ReturnHeader/TaxPeriodEndDate02011-12-31
ReturnHeader/TaxYear02011
ReturnHeader/Timestamp02012-08-03T13:05:03-05:00

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.

Open filing
Assets
$147,274
Liabilities
$0
Net assets
$147,274
Revenue
-
Expenses
$34,340
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$0.36$0.00$0.36$0.08$0.22$0.14
2015Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$0.05$0.29$0.24
2014Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$0.06$0.40$0.34
2013Detailed filing. Detailed filing data is available for this year.$1.08$0.00$1.08$0.07$0.24$0.17
2012Summary only. Only limited summary data is available for this year.$1.26$0.00$1.26$0.09$0.31$0.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.00$1.47$0.34
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.79$0.10$1.69$0.10