Skip to content
Nonprofiteer
← CREATING AN ENVIRONMENT OF SUCCESS INC

Form 990 for tax year 2022

Filed by CREATING AN ENVIRONMENT OF SUCCESS INC.

Totals

Total revenue
$1,717,671
Total expenses
$1,464,552
Contributions and grants received
$546,364
Grants paid
$0
Program service revenue
$798,780
Investment income
$18,904
Other revenue
$353,623
Total assets, end of year
$1,435,906
Total liabilities, end of year
$1,335,088
Net assets or fund balances, end of year
$100,818
Program services expenses (Part IX)
$1,336,676
Management and general expenses
$127,876
Fundraising expenses
$0
Program service expenses (Part III)
$1,336,676

Program services were 91.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $546,364

  • 2a · Program service revenue: TRAINING CENTER INCOME

    total $798,780 · related or exempt $798,780

  • 3 · Investment income

    total $18,904 · related or exempt $18,904

  • 8a · Fundraising events: gross income

    $72,808

  • 8b · Fundraising events: direct expenses

    $25,001

  • 8c · Net income from fundraising events

    total $47,807 · excluded $47,807

  • 11a · Other revenue: EMPLOYEE RETENTION CRED

    total $305,816 · related or exempt $305,816

  • 11e · Other revenue, total

    $305,816

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $91,000 · management and general $91,000

  • 7 · Other salaries and wages

    total $423,288 · program services $404,648 · management and general $18,640

  • 9 · Other employee benefits

    total $6,630 · program services $6,630

  • 10 · Payroll taxes

    total $51,301 · program services $39,953 · management and general $11,348

  • 11b · Fees: legal

    total $357 · program services $357

  • 11c · Fees: accounting

    total $44,061 · program services $44,061

  • 11g · Fees: other

    total $5,524 · program services $680 · management and general $4,844

  • 12 · Advertising and promotion

    total $12,637 · program services $12,637

  • 13 · Office expenses

    total $52,579 · program services $52,579

  • 16 · Occupancy

    total $361,704 · program services $361,704

  • 20 · Interest

    total $4,807 · program services $2,824 · management and general $1,983

  • 22 · Depreciation, depletion and amortization

    total $86,279 · program services $86,279

  • 23 · Insurance

    total $7,971 · program services $7,910 · management and general $61

  • 24a · Other expenses: PROGRAM EXPENSES

    total $285,160 · program services $285,160

  • 24b · Other expenses: DONATION

    total $25,000 · program services $25,000

  • 24c · Other expenses: OTHER MISC EXPENSE

    total $6,254 · program services $6,254

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $59,866 · end of year $8,985

  • 2 · Savings and temporary cash investments

    beginning of year $45,106 · end of year $104,245

  • 4 · Accounts receivable

    beginning of year $36,653 · end of year $120,866

  • 7 · Other notes and loans receivable

    beginning of year $270,716 · end of year $397,969

  • 8 · Inventories for sale or use

    beginning of year $38,069 · end of year $38,069

  • 9 · Prepaid expenses and deferred charges

    beginning of year $13,750 · end of year $13,750

  • 10a · Land, buildings and equipment: cost or other basis

    $1,874,154

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,192,308

  • 10c · Land, buildings and equipment, net

    beginning of year $764,748 · end of year $681,846

  • 15 · Other assets

    beginning of year $28,926 · end of year $70,176

  • 17 · Accounts payable and accrued expenses

    beginning of year $81,000 · end of year $73,460

  • 19 · Deferred revenue

    beginning of year $2,400 · end of year $2,400

  • 22 · Loans and payables to officers and key people

    beginning of year $9,099 · end of year $9,099

  • 23 · Secured mortgages and notes payable

    beginning of year $1,232,611 · end of year $1,205,135

  • 24 · Unsecured notes and loans payable

    beginning of year $85,025 · end of year $44,994

  • 27 · Net assets without donor restrictions

    beginning of year -$152,301 · end of year $100,818

Mission and programs · 2022

Mission

SEE SCHEDULE O

  • YOUTH ABOUT BUSINESS HAS PROVIDED ENTREPRENEURAL TRAINING TO OVER 400 CHILDREN BETWEEN THE AGES OF 10-18. THE OWNERSHIP MANAGEMENT PROGRAM ALLOWS YOUTH BETWEEN 14-18 TO APPLY BUSINESS PRINCIPLES LEARNED IN THE CENTER IN REAL WORLD SITUATIONS. THE MENTORING PROGRAM ALLOWS YOUTHS BETWEEN 10-13 TO SHADOW BUSINESS OWNERS DURING THE SUMMER. STUDENTS ARE ALSO ELIGIBLE TO RECEIVE SCHOLARSHIPS UPON GRADUATION OF HIGH SCHOOL.

    Expenses $1,336,676

As filed on the 2022 return.

Listed in Part VII

  • Samuel E Kirk

    PRESIDENT & CEO

    Total calculated
    $91,000
    From this org
    $91,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    50

  • Milton Jenkins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Gregg Walker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Dwayne Rayner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Barry Hicks

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Michael Davis

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
25 October 2024
IRS schema version
2022v5.0
Source object
202443039349302404

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.