Civic Intelligence

Credit Executives Educational Foundation

990 • Fiscal year 2014 • EIN 95-6056616

May 01, 2013 to Apr 30, 2014 • Filed on Nov 26, 2014

Organization ProfileN/A
40 East Verdugo Ave FL 291502-1931

(818) 972-5300

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.39x

Higher debt load relative to assets than 73% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

98th percentile

2.70x

Higher debt load relative to revenue than 98% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Net Margin

37th percentile

0.8%

Higher net margin than 37% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

81st percentile

$232,882

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 48.7% of source-year revenue.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Asset Growth

21st percentile

-4.5%

Faster asset growth than 21% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

87th percentile

23%

Faster revenue growth than 87% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2011 to 2014

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Down

$3,329,267

Down $157,610 (-4.5%) from 2013

Net Assets

Down

$2,039,482

Down $131,970 (-6.1%) from 2013

Liabilities

Down

$1,289,785

Down $25,640 (-1.9%) from 2013

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin37th percentile

Revenue

$478,385

No earlier filing loaded for comparison.

Expenses

Up

$474,355

Up $46,974 (+11%) from 2013

Net Income

$4,030

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $3,846,587Liabilities 2011: $1,397,408Net Assets 2011: $2,449,1792011Assets 2012: $3,597,736Liabilities 2012: $1,348,955Net Assets 2012: $2,248,7812012Assets 2013: $3,486,877Liabilities 2013: $1,315,425Net Assets 2013: $2,171,4522013Assets 2014: $3,329,267Liabilities 2014: $1,289,785Net Assets 2014: $2,039,4822014Assets 2015: $3,238,450Liabilities 2015: $1,250,357Net Assets 2015: $1,988,0932015Assets 2016: $3,069,529Liabilities 2016: $1,200,949Net Assets 2016: $1,868,5802016Assets 2017: $3,147,695Liabilities 2017: $1,172,635Net Assets 2017: $1,975,0602017Assets 2018: $2,732,792Liabilities 2018: $823,647Net Assets 2018: $1,909,1452018

Highlighted filing

2014

Assets$3,329,267
Liabilities$1,289,785
Net Assets$2,039,482
Open 2014 Filing

Operations Trend

Revenue Growth87th percentile

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

$600K$400K$200K$0-$200K-$400KRevenue 2011: $258,133Expenses 2011: $479,045Net Income 2011: -$220,9122011Expenses 2012: $478,5392012Expenses 2013: $427,3812013Revenue 2014: $478,385Expenses 2014: $474,355Net Income 2014: $4,0302014Revenue 2015: $365,231Expenses 2015: $416,620Net Income 2015: -$51,3892015Revenue 2016: $208,434Expenses 2016: $327,947Net Income 2016: -$119,5132016Revenue 2017: $226,438Expenses 2017: $247,622Net Income 2017: -$21,1842017Revenue 2018: $320,875Expenses 2018: $297,506Net Income 2018: $23,3692018

Highlighted filing

2014

Revenue$478,385
Expenses$474,355
Net Income$4,030
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2013 to Apr 30, 2014
Signed
Nov 26, 2014
Return Version
2013v3.0
Gross Receipts
$1,212,195
Mission and Program Overview

Mission

NONE

Education of credit grantors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$2,171,452$2,039,482▼ $131,970
Other Notes and Loans Receivable, Net$816,187$1,402,163▲ $585,976
Land, Buildings, and Equipment, Net$1,461,182$1,259,853▼ $201,329
Savings and Temporary Cash Investments$1,074,186$562,081▼ $512,105
Investments in Publicly Traded Securities$131,877$102,819▼ $29,058
Prepaid Expenses and Deferred Charges$3,445$2,351▼ $1,094
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$3,486,877$3,329,267▼ $157,610
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,306,411$1,270,322▼ $36,089
Accounts Payable and Accrued Expenses$9,014$19,463▲ $10,449
Total Liabilities$1,315,425$1,289,785▼ $25,640
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,171,452$2,039,482▼ $131,970
Total Liabilities and Net Assets / Fund Balance$3,486,877$3,329,267▼ $157,610

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$872,649$472,829-
Land$387,204--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kim LambertyVP/business Development/secretaryPT$12,287$110,582$122,869
Michael MitchellPresident/CEOPT$23,288$209,594$23,288
David MacomberVice-president/CFO/secretaryPT$14,075$126,679$14,075
Revenue and Support

Revenue Composition

Contributions and Grants
$139,551
Program Service Revenue
$145,811
Investment Income
$228,584
Other Revenue
$-35,561
Change in Net Assets
$4,030
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$354,190
Salaries, Compensation, and Employee Benefits$120,165
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest-$89,148-$89,148
Other Salaries and Wages-$84,590-$84,590
Current Officers, Directors, Trustees, and Key Employees-$35,575-$35,575
Other Expenses$14,694$11,182-$11,182
Occupancy-$5,277-$5,277
All Other Expenses$450$3,243-$3,693
Advertising$2,600--$2,600
Conferences and Meetings-$1,399-$1,399
Total Functional Expenses$243,941$230,414$0$474,355
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
Yes
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 6

“The organization has members.”

Form 990, Part VI, Section B, Line 11

“The board meeting was held before the organization filed form 990.”

Form 990, Part VI, Section C, Line 19

“The organization does not have a policy regarding confict of interest. The organization makes the financial statements available to the public upon request.”

Filing and Contact Details

Filer

EIN
95-6056616
Phone
8189725300

Signing Officer

Name
Michael Mitchell
Title
CEO
Phone
8189725300
Signed
2014-11-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Mitchell
Formed
1957
Legal Domicile
CA
Voting Board Members
0
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Preparer
Kenneth L Goldman
Phone
3102773373
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Unrealized loss on impairment write-down -136,000.”

Form 990, Part X, Line 10B

“Accumulated depreciation difference between book and tax equals $118,719”

Raw XML Appendix397 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/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt09014
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt019463
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0EDUCATION OF CREDIT GRANTORS.
IRS990/AdvertisingGrp/ProgramServicesAmt02600
IRS990/AdvertisingGrp/TotalAmt02600
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt03243
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0450
IRS990/AllOtherExpensesGrp/TotalAmt03693
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10JULIET CHURCHILL
IRS990/BooksInCareOfDetail/PhoneNum08189725300
IRS990/BooksInCareOfDetail/USAddress/AddressLine1040 EAST VERDUGO AVE FL 2
IRS990/BooksInCareOfDetail/USAddress/City0BURBANK
IRS990/BooksInCareOfDetail/USAddress/State0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCode091502
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt02171452
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt02039482
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt035575
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt035575
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt01399
IRS990/ConferencesMeetingsGrp/TotalAmt01399
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0139551
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0228584
IRS990/CYOtherExpensesAmt0354190
IRS990/CYOtherRevenueAmt0-35561
IRS990/CYProgramServiceRevenueAmt0145811
IRS990/CYRevenuesLessExpensesAmt04030
IRS990/CYSalariesCompEmpBnftPaidAmt0120165
IRS990/CYTotalExpensesAmt0474355
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0478385
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0CREDIT EXECUTIVES EDUCATIONAL FOUNDATION PROVIDES EDUCATION IN CREDIT MANAGEMENT, CREDIT ANALYSIS, FINANCIAL MANAGEMENT AND COLLECTION.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/ExpenseAmt0243941
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt020.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt210.00
IRS990/Form990PartVIISectionAGrp/FormerOfcrDirectorTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL MITCHELL
IRS990/Form990PartVIISectionAGrp/PersonNm1KIM LAMBERTY
IRS990/Form990PartVIISectionAGrp/PersonNm2DAVID MACOMBER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt023288
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt112287
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt214075
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0209594
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1110582
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2126679
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1VP/BUSINESS DEVELOPMENT/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE-PRESIDENT/CFO/SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01957
IRS990/FormerOfcrEmployeesListedInd01
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0162858
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0743761
IRS990/GrossReceiptsAmt01212195
IRS990/GrossRentsGrp/RealAmt0117346
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/ManagementAndGeneralAmt089148
IRS990/InterestGrp/TotalAmt089148
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt065726
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt065726
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0131877
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0102819
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0472829
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01461182
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01259853
IRS990/LandBldgEquipCostOrOtherBssAmt01732682
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0580903
IRS990/LessRentalExpensesGrp/RealAmt0152907
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0139551
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0NONE
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01306411
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01270322
IRS990/NetAssetsOrFundBalancesBOYAmt02171452
IRS990/NetAssetsOrFundBalancesEOYAmt02039482
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0162858
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0162858
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-35561
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0-35561
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt05277
IRS990/OccupancyGrp/TotalAmt05277
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-136000
IRS990/OtherExpensesGrp/Desc0EDUCATIONAL PROGRAMS
IRS990/OtherExpensesGrp/Desc1NATIONAL ASSOCIATION OF
IRS990/OtherExpensesGrp/Desc2PROFESSIONAL SERVICES
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS ADMINISTR
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt011182
IRS990/OtherExpensesGrp/ProgramServicesAmt0191049
IRS990/OtherExpensesGrp/ProgramServicesAmt135148
IRS990/OtherExpensesGrp/ProgramServicesAmt214694
IRS990/OtherExpensesGrp/TotalAmt0191049
IRS990/OtherExpensesGrp/TotalAmt135148
IRS990/OtherExpensesGrp/TotalAmt214694
IRS990/OtherExpensesGrp/TotalAmt311182
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt084590
IRS990/OtherSalariesAndWagesGrp/TotalAmt084590
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0816187
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01402163
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03445
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02351
IRS990/PrincipalOfficerNm0MICHAEL MITCHELL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0CA INST OF CREDIT REV.
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0145811
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0145811
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0135797
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt093101
IRS990/PYOtherExpensesAmt0308178
IRS990/PYOtherRevenueAmt0-6160
IRS990/PYProgramServiceRevenueAmt0127314
IRS990/PYRevenuesLessExpensesAmt0-77329
IRS990/PYSalariesCompEmpBnftPaidAmt0119203
IRS990/PYTotalExpensesAmt0427381
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0350052
IRS990/ReconcilationRevenueExpnssAmt04030
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0-35561
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0374395
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01074186
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0562081
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0872649
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0472829
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01345478
IRS990ScheduleD/LandGrp/BookValueAmt0387204
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0387204
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01259853
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0TO MONITOR, USE, THE SCHOLARSHIP COMMITTEE REVIEWS APPLICATIONS FOR SPECIFIC SPONSORED EVENTS (CLASSES, CONFERENCES) AND VOTES ON RECIPIENTS, WHO MUST DOCUMENT THEIR EXPENSES WITHIN PRESCRIBED GUIDLINES.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt023288
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt114075
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0209594
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1126679
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MICHAEL MITCHELL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1DAVID MACOMBER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1VICE-PRESIDENT/CFO/SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt023288
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt114075
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0209594
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1126679
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD MEETING WAS HELD BEFORE THE ORGANIZATION FILED FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DOES NOT HAVE A POLICY REGARDING CONFICT OF INTEREST. THE ORGANIZATION MAKES THE FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UNREALIZED LOSS ON IMPAIRMENT WRITE-DOWN -136,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCUMULATED DEPRECIATION DIFFERENCE BETWEEN BOOK AND TAX EQUALS $118,719
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART X, LINE 10B
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0952146019
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0CREDIT/COLLECTION
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine10CREDIT MANAGEMENT ASSOCIATION (FKA CREDIT MANAGERS ASSOCIATION OF CA)
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1040 EAST VERDUGO AVE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/City0BURBANK
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/State0CA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCode091502
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt01402162
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt192086
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt27848
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt3120166
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt411182
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt3FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt4FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine10CREDIT MANAGEMENT ASSOCIATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine11CREDIT MANAGEMENT ASSOCIATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine12CREDIT MANAGEMENT ASSOCIATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine13CREDIT MANAGEMENT ASSOCIATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine14CREDIT MANAGEMENT ASSOCIATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0D
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1J
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2N
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt3O
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt4Q
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03486877
IRS990/TotalAssetsEOYAmt03329267
IRS990/TotalAssetsGrp/BOYAmt03486877
IRS990/TotalAssetsGrp/EOYAmt03329267
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt0139551
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0230414
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0243941
IRS990/TotalFunctionalExpensesGrp/TotalAmt0474355
IRS990/TotalGrossUBIAmt0-35561
IRS990/TotalLiabilitiesBOYAmt01315425
IRS990/TotalLiabilitiesEOYAmt01289785
IRS990/TotalLiabilitiesGrp/BOYAmt01315425
IRS990/TotalLiabilitiesGrp/EOYAmt01289785
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02171452
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02039482
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0243941
IRS990/TotalProgramServiceRevenueAmt0145811
IRS990/TotalReportableCompFromOrgAmt049650
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0374395
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0478385
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0-35561
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03486877
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03329267
IRS990/TotReportableCompRltdOrgAmt0446855
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1040 E VERDUGO AVE FL 2
IRS990/USAddress/City0BURBANK
IRS990/USAddress/State0CA
IRS990/USAddress/ZIPCode091502
IRS990/VotingMembersGoverningBodyCnt00
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReasonableCauseExplanation/ExplanationTxt0WE, THE ACCOUNTING FIRM OF MGO, LLP, ARE REQUESTING ON BEHALF OF CREDIT EXECUTIVES EDUCATIONAL FOUNDATION, AN ABATEMENT OF ANY INTEREST, PENALTIES, ETC. ASSOCIATED WITH THE LATE FILING OF THIS RETURN.MGO, LLP INSTALLED A NEW TRACKING SOFTWARE SYSTEM THIS PAST YEAR. IT WAS UNKNOWN TO US AT THE TIME, THAT THERE WAS AN ERROR IN THE EXTENSION SOFTWARE INTERFACE FOR OUR NON-PROFIT CLIENTS, WHICH HAD BEEN SET UP FOR US BY TRAINED COMPUTER TECHNICIANS.THIS ERROR CAUSED THE TRACKING SYSTEM TO NOT PROPERLY INCLUDE THE EXTENSIONS TO OUR CALENDAR AS A SEPARATE TASK. WE MAINTAIN THOUSANDS OF TASKS IN THIS SYSTEM, AND JUST RECENTLY DISCOVERED THIS INADVERTENT ERROR. THE NECESSARY STEPS HAVE BEEN TAKEN TO CORRECT THE ERROR AND TO ENSURE THAT ALL FUTURE EXTENSION REQUEST TASKS ARE SET UP CORRECTLY AND EXTENSIONS FILED TIMELY.THIS WAS A FIRST AND ONE-TIME EVENT, AND THE TAXPAYER, WHO RELIED ON ITS TAX PREPARER TO HANDLE THE EXTENSION, ACTED IN GOOD FAITH. WE BELIEVE THE FACTS AND CIRCUMSTANCES OUTLINED ABOVE SUPPORT REASONABLE CAUSE. WE VERY MUCH APPRECIATE YOUR ASSISTANCE IN THIS MATTER AND CONSIDERATION OF THIS REQUEST.
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL MITCHELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum08189725300
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-26
ReturnHeader/Filer/BusinessName/BusinessNameLine10CREDIT EXECUTIVES EDUCATIONAL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0CRED
ReturnHeader/Filer/EIN0956056616
ReturnHeader/Filer/PhoneNum08189725300
ReturnHeader/Filer/USAddress/AddressLine1040 EAST VERDUGO AVE FL 2
ReturnHeader/Filer/USAddress/City0BURBANK
ReturnHeader/Filer/USAddress/State0CA
ReturnHeader/Filer/USAddress/ZIPCode0915021931
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0680300457
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10MACIAS GINI & O'CONNELL LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine102029 CENTURY PARK EAST STE 1500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0LOS ANGELES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0900672935
ReturnHeader/PreparerPersonGrp/PhoneNum03102773373
ReturnHeader/PreparerPersonGrp/PreparationDt02014-11-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KENNETH L GOLDMAN
ReturnHeader/ReturnTs02014-12-03T17:36:34-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-05-01
ReturnHeader/TaxPeriodEndDt02014-04-30
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,329,267
Liabilities
$1,289,785
Net assets
$2,039,482
Revenue
$478,385
Expenses
$474,355
Net income
$4,030
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$2.73$0.82$1.91$0.32$0.30$0.02
2017Detailed filing. Detailed filing data is available for this year.$3.15$1.17$1.98$0.23$0.25$0.02
2016Detailed filing. Detailed filing data is available for this year.$3.07$1.20$1.87$0.21$0.33$0.12
2015Summary only. Only limited summary data is available for this year.$3.24$1.25$1.99$0.37$0.42$0.05
2014Detailed filing. Detailed filing data is available for this year.$3.33$1.29$2.04$0.48$0.47$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.49$1.32$2.17$0.43
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.60$1.35$2.25$0.48
2011Summary only. Only limited summary data is available for this year.$3.85$1.40$2.45$0.26$0.48$0.22