Civic Intelligence

Creative World Inc.

990 • Fiscal year 2021 • EIN 95-4351317

Jul 01, 2020 to Jun 30, 2021 • Filed on Sep 26, 2021

Organization ProfileN/A
7243 Encino AvenueVan Nuys, CA 91406-2460

(818) 342-3611

Siviq Scores

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

Liabilities / Assets

94th percentile

0.96x

Higher debt load relative to assets than 94% of similar nonprofits.

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

Liabilities / Revenue

90th percentile

0.46x

Higher debt load relative to revenue than 90% of similar nonprofits.

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

Net Margin

36th percentile

0.0%

Higher net margin than 36% of similar nonprofits.

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

Top Officer Pay

97th percentile

$85,440

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 28.3% of source-year revenue.

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

Asset Growth

83rd percentile

61%

Faster asset growth than 83% of similar nonprofits.

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

Revenue Growth

34th percentile

-15%

Faster revenue growth than 34% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$144,965

Up $54,695 (+61%) from 2020

Net Assets

Flat

$6,064

Flat from 2020

Liabilities

Up

$138,901

Up $54,695 (+65%) from 2020

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin36th percentile

Revenue

Down

$301,427

Down $53,173 (-15%) from 2020

Expenses

Down

$301,427

Down $52,375 (-15%) from 2020

Net Income

Down

$0

Down $798 (-100%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth83rd percentile

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

$200K$150K$100K$50K$0Assets 2011: $76,839Liabilities 2011: $74,917Net Assets 2011: $1,9222011Assets 2012: $61,852Liabilities 2012: $60,147Net Assets 2012: $1,7052012Assets 2013: $31,304Liabilities 2013: $29,685Net Assets 2013: $1,6192013Assets 2014: $25,794Liabilities 2014: $24,175Net Assets 2014: $1,6192014Assets 2015: $44,787Liabilities 2015: $39,501Net Assets 2015: $5,2862015Assets 2016: $38,290Liabilities 2016: $33,024Net Assets 2016: $5,2662016Assets 2017: $70,813Liabilities 2017: $65,547Net Assets 2017: $5,2662017Assets 2018: $131,144Liabilities 2018: $125,878Net Assets 2018: $5,2662018Assets 2019: $112,083Liabilities 2019: $106,817Net Assets 2019: $5,2662019Assets 2020: $90,270Liabilities 2020: $84,206Net Assets 2020: $6,0642020Assets 2021: $144,965Liabilities 2021: $138,901Net Assets 2021: $6,0642021Assets 2022: $169,412Liabilities 2022: $163,348Net Assets 2022: $6,0642022Assets 2023: $103,756Liabilities 2023: $99,765Net Assets 2023: $3,9912023Assets 2024: $185,443Liabilities 2024: $183,739Net Assets 2024: $1,7042024Assets 2025: $199,741Liabilities 2025: $198,650Net Assets 2025: $1,0912025

Highlighted filing

2021

Assets$144,965
Liabilities$138,901
Net Assets$6,064
Open 2021 Filing

Operations Trend

Revenue Growth34th percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $331,821Expenses 2011: $331,675Net Income 2011: $1462011Revenue 2012: $284,217Expenses 2012: $284,217Net Income 2012: $02012Revenue 2013: $259,881Expenses 2013: $259,967Net Income 2013: -$862013Revenue 2014: $249,721Expenses 2014: $249,721Net Income 2014: $02014Revenue 2015: $265,416Expenses 2015: $265,428Net Income 2015: -$122015Revenue 2016: $264,233Expenses 2016: $264,253Net Income 2016: -$202016Revenue 2017: $287,668Expenses 2017: $287,668Net Income 2017: $02017Revenue 2018: $309,894Expenses 2018: $309,894Net Income 2018: $02018Revenue 2019: $334,186Expenses 2019: $334,186Net Income 2019: $02019Revenue 2020: $354,600Expenses 2020: $353,802Net Income 2020: $7982020Revenue 2021: $301,427Expenses 2021: $301,427Net Income 2021: $02021Revenue 2022: $316,017Expenses 2022: $316,017Net Income 2022: $02022Revenue 2023: $325,068Expenses 2023: $325,068Net Income 2023: $02023Revenue 2024: $368,695Expenses 2024: $368,695Net Income 2024: $02024Revenue 2025: $357,806Expenses 2025: $357,806Net Income 2025: $02025

Highlighted filing

2021

Revenue$301,427
Expenses$301,427
Net Income$0
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Sep 26, 2021
Return Version
2020v4.1
Gross Receipts
$301,427
Mission and Program Overview

Mission

Provide child care services

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$28,820$85,228▲ $56,408
Accounts Receivable$43,425$41,125▼ $2,300
Savings and Temporary Cash Investments$18,025$18,612▲ $587
Total Assets$90,270$144,965▲ $54,695
Liabilities
Accounts Payable and Accrued Expenses$65,596$59,490▼ $6,106
Other Liabilities$18,025$58,464▲ $40,439
Deferred Revenue$585$20,947▲ $20,362
Total Liabilities$84,206$138,901▲ $54,695
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,064$6,064→ $0
Total Net Assets Fund Balance$6,064$6,064→ $0
Total Liabilities and Net Assets / Fund Balance$90,270$144,965▲ $54,695
Compensation and Service Providers
Top Officer Pay97th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Jaime Troncone LomeliBoard Member/program DirectorFT$85,440$85,440

Board Members and Trustees

NameTitle
Stacie SantoyaPresident
Connie BergstromBoard Member
Carrie VentrellaSec/treas
Revenue and Support

Revenue Composition

Contributions and Grants
$301,078
Program Service Revenue
$349
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$0

Audited Revenue Reconciliation

Revenue per Audited Statements
$301,427
Total Revenue per Audited Statements
$301,427
Total Revenue per Form 990
$301,427
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$228,368
Other Expenses$73,059
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$97,064$16,358$0$113,422
Current Officers, Directors, Trustees, and Key Employees$73,117$12,323$0$85,440
Payroll Taxes$16,999$2,864$0$19,863
Conferences and Meetings$15,496$2,612$0$18,108
Fees for Services Accounting$14,976$2,524$0$17,500
Other Employee Benefits$8,252$1,391$0$9,643
Other Expenses$5,916$997$0$6,913
Insurance$3,330$561$0$3,891
Total Functional Expenses$257,954$43,473$0$301,427

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$301,427
Total Expenses per Audited Statements$301,427
Total Expenses per Form 990$301,427
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Funding Source$39,852
Child development reserve account$18,612
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Creative World Inc
EIN
95-4351317
Phone
8183423611
Address
7243 ENCINO AVENUE, VAN NUYS, CA 91406-2460

Signing Officer

Name
Jaime Troncone Lomeli
Title
Executive Program Director
Phone
8183423611
Signed
2021-09-26
Discuss with paid preparer
Yes

Organization Details

Formed
1991
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
3
Employees
6
Volunteers
0

Preparer

Firm
Wilfredo A Penoliar CRTP
Address
858 N Alexandria Ave, Los Angeles, CA 90029
Preparer
Wilfredo A Penoliar
Phone
3237757884
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“Creative World, Inc.'s Form 990 was prepared by the California Registered Tax Preparer based on the audit reports issued by the independent auditor.The completed form was reviewed by management prior to submitting the form to the full board for their review and approval for filing.”

Pt VI, Line 15B

“There is no written process in determining compensation for the program director and other key employee. However, their salaries are benchmarked with other like-sized agency in the area. Deliberation and decision for approving the salary is documented in the books and records of the organization.”

Pt VI, Line 19

“The organization makes its financial statements and its governing documents and policies available to the public upon request. To obtain these documents write or call: Creative World, Inc., 7243 Encino Avenue, Van Nuys, CA 91406-2460; telephone number (818) 342-3611.”

Pt XII, Line 3B

“The organization did not undergo audit in accordance with the Uniform Guidance because its federal expenditures did not amount to $750,000 or more. However, it underwent audit in accordance with Government Auditing Standards and California Department Audit Guide of November 2015.”

Raw XML Appendix349 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt065596
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt059490
IRS990/AccountsReceivableGrp/BOYAmt043425
IRS990/AccountsReceivableGrp/EOYAmt041125
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDE CHILD CARE SERVICES
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0JAIME TRONCONE
IRS990/BooksInCareOfDetail/PhoneNum08183423611
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt07243 ENCINO AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0VAN NUYS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd091406
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt028820
IRS990/CashNonInterestBearingGrp/EOYAmt085228
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt012323
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt073117
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt085440
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/FundraisingAmt00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt02612
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt015496
IRS990/ConferencesMeetingsGrp/TotalAmt018108
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0301078
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt073059
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0349
IRS990/CYRevenuesLessExpensesAmt00
IRS990/CYSalariesCompEmpBnftPaidAmt0228368
IRS990/CYTotalExpensesAmt0301427
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0301427
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0585
IRS990/DeferredRevenueGrp/EOYAmt020947
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0GENERAL CHILD CARE AND DEVELOPMENT PROGRAM IS FUNDED BY FEDERAL AND STATE FUNDS. CREATIVE WORLD, INC. PROVIDES A QUALITY EDUCATION BY DEVELOPING THE CHILDREN'S PERCEPTION, THINKING, AND LANGUAGE SKILLS IN A GROUP SETTING AND ALLOWING RECREATIONAL INTERACTION BETWEEN CHILDREN WITH SUPERVISED PLAY ACTIVITIES. DURING FISCAL YEAR ENDED JUNE 30, 2021, CREATIVE WORLD, INC. WAS IN OPERATION FOR 247 DAYS WITH A TOTAL ADJUSTED DAYS OF ENROLLMENT OF APPROXIMATELY 6,158.65 DAYS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0257954
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02524
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt014976
IRS990/FeesForServicesAccountingGrp/TotalAmt017500
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.02
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.02
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.02
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0STACIE SANTOYA
IRS990/Form990PartVIISectionAGrp/PersonNm1CARRIE VENTRELLA
IRS990/Form990PartVIISectionAGrp/PersonNm2CONNIE BERGSTROM
IRS990/Form990PartVIISectionAGrp/PersonNm3JAIME TRONCONE LOMELI
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt385440
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SEC/TREAS
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER/PROGRAM DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01991
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GovernmentGrantsAmt0301078
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0301427
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt0561
IRS990/InsuranceGrp/ProgramServicesAmt03330
IRS990/InsuranceGrp/TotalAmt03891
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDE CHILD CARE SERVICES
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt06064
IRS990/NetAssetsOrFundBalancesEOYAmt06064
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt06064
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt06064
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01391
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt08252
IRS990/OtherEmployeeBenefitsGrp/TotalAmt09643
IRS990/OtherExpensesGrp/Desc0OTHER SUPPLIES
IRS990/OtherExpensesGrp/Desc1EDUCATIONAL SUPPLIES
IRS990/OtherExpensesGrp/Desc2UTILITIES and HOUSEKEEPING
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01254
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12589
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2997
IRS990/OtherExpensesGrp/ProgramServicesAmt07439
IRS990/OtherExpensesGrp/ProgramServicesAmt115365
IRS990/OtherExpensesGrp/ProgramServicesAmt25916
IRS990/OtherExpensesGrp/TotalAmt08693
IRS990/OtherExpensesGrp/TotalAmt117954
IRS990/OtherExpensesGrp/TotalAmt26913
IRS990/OtherLiabilitiesGrp/BOYAmt018025
IRS990/OtherLiabilitiesGrp/EOYAmt058464
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt016358
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt097064
IRS990/OtherSalariesAndWagesGrp/TotalAmt0113422
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02864
IRS990/PayrollTaxesGrp/ProgramServicesAmt016999
IRS990/PayrollTaxesGrp/TotalAmt019863
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0JAIME TRONCONE LOMELI
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0PARENT FEES
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0349
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0351088
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt083244
IRS990/PYProgramServiceRevenueAmt03512
IRS990/PYRevenuesLessExpensesAmt0798
IRS990/PYSalariesCompEmpBnftPaidAmt0270558
IRS990/PYTotalExpensesAmt0353802
IRS990/PYTotalRevenueAmt0354600
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt00
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt018025
IRS990/SavingsAndTempCashInvstGrp/EOYAmt018612
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0301427
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0354600
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0334186
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0309894
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0287668
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01587775
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01587775
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0301427
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0354600
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0334186
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0309894
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0287668
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01587775
IRS990ScheduleA/TotalSupportAmt01587775
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0301427
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt018612
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt139852
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Child development reserve account
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO FUNDING SOURCE
IRS990ScheduleD/RevenueSubtotalAmt0301427
IRS990ScheduleD/TotalExpensesPerForm990Amt0301427
IRS990ScheduleD/TotalLiabilityAmt058464
IRS990ScheduleD/TotalRevenuePerForm990Amt0301427
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0301427
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0301427
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Creative World, Inc.'s Form 990 was prepared by the California Registered Tax Preparer based on the audit reports issued by the independent auditor.The completed form was reviewed by management prior to submitting the form to the full board for their review and approval for filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1There is no written process in determining compensation for the program director and other key employee. However, their salaries are benchmarked with other like-sized agency in the area. Deliberation and decision for approving the salary is documented in the books and records of the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization makes its financial statements and its governing documents and policies available to the public upon request. To obtain these documents write or call: Creative World, Inc., 7243 Encino Avenue, Van Nuys, CA 91406-2460; telephone number (818) 342-3611.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization did not undergo audit in accordance with the Uniform Guidance because its federal expenditures did not amount to $750,000 or more. However, it underwent audit in accordance with Government Auditing Standards and California Department Audit Guide of November 2015.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt XII, Line 3b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt090270
IRS990/TotalAssetsEOYAmt0144965
IRS990/TotalAssetsGrp/BOYAmt090270
IRS990/TotalAssetsGrp/EOYAmt0144965
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0301078
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt043473
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0257954
IRS990/TotalFunctionalExpensesGrp/TotalAmt0301427
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt084206
IRS990/TotalLiabilitiesEOYAmt0138901
IRS990/TotalLiabilitiesGrp/BOYAmt084206
IRS990/TotalLiabilitiesGrp/EOYAmt0138901
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06064
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06064
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0257954
IRS990/TotalProgramServiceRevenueAmt0349
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0349
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0301427
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt090270
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0144965
IRS990/TotReportableCompRltdOrgAmt085440
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt07243 ENCINO AVENUE
IRS990/USAddress/CityNm0VAN NUYS
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd0914062460
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jaime Troncone Lomeli
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Program Director
ReturnHeader/BusinessOfficerGrp/PhoneNum08183423611
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-09-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CREATIVE WORLD INC
ReturnHeader/Filer/BusinessNameControlTxt0CREA
ReturnHeader/Filer/EIN0954351317
ReturnHeader/Filer/PhoneNum08183423611
ReturnHeader/Filer/USAddress/AddressLine1Txt07243 ENCINO AVENUE
ReturnHeader/Filer/USAddress/CityNm0VAN NUYS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd0914062460
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Wilfredo A Penoliar CRTP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0858 N Alexandria Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Los Angeles
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090029
ReturnHeader/PreparerPersonGrp/PhoneNum03237757884
ReturnHeader/PreparerPersonGrp/PreparationDt02021-09-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Wilfredo A Penoliar
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-09-27T21:01:56-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Jaime Troncone
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Lomeli
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$144,965
Liabilities
$138,901
Net assets
$6,064
Revenue
$301,427
Expenses
$301,427
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.00$1.99$0.01$3.58$3.58$0.00
2024Detailed filing. Detailed filing data is available for this year.$1.85$1.84$0.02$3.69$3.69$0.00
2023Detailed filing. Detailed filing data is available for this year.$1.04$1.00$0.04$3.25$3.25$0.00
2022Detailed filing. Detailed filing data is available for this year.$1.69$1.63$0.06$3.16$3.16$0.00
2021Detailed filing. Detailed filing data is available for this year.$1.45$1.39$0.06$3.01$3.01$0.00
2020Summary only. Only limited summary data is available for this year.$0.90$0.84$0.06$3.55$3.54$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.12$1.07$0.05$3.34$3.34$0.00
2018Detailed filing. Detailed filing data is available for this year.$1.31$1.26$0.05$3.10$3.10$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.71$0.66$0.05$2.88$2.88$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.38$0.33$0.05$2.64$2.64$0.00
2015Summary only. Only limited summary data is available for this year.$0.45$0.40$0.05$2.65$2.65$0.00
2014Summary only. Only limited summary data is available for this year.$0.26$0.24$0.02$2.50$2.50$0.00
2013Summary only. Only limited summary data is available for this year.$0.31$0.30$0.02$2.60$2.60$0.00
2012Summary only. Only limited summary data is available for this year.$0.62$0.60$0.02$2.84$2.84$0.00
2011Summary only. Only limited summary data is available for this year.$0.77$0.75$0.02$3.32$3.32$0.00