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Nonprofiteer
← CREDO INC

Form 990-EZ for tax year 2023

Filed by CREDO INC.

Totals

Total revenue
$54,247
Total expenses
$59,629
Contributions and grants received
$54,247
Grants paid
$59,259
Program service revenue
not reported
Membership dues (line 3)
not reported
Investment income (line 4)
not reported
Gain or loss on sale of assets (line 5c)
not reported
Gaming and fundraising events, net (line 6d)
not reported
Gross profit on inventory sales (line 7c)
not reported
Other revenue (line 8)
not reported
Total assets, end of year
$2,230
Total liabilities, end of year
not reported
Net assets or fund balances, end of year
$2,230
Program service expenses (Part III)
$59,259

Program services were 99.4% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.

Mission and programs · 2023

Primary exempt purpose

TO ENCOURAGE, RENEW AND DEVELOP IN OUR COMMUNITY UNDERSTANDING AND PERSONAL ENRICHMENT IN AND THROUGH THE WORD OF JESUS CHRIST AND TO ASSIST FAMILIES IN NEED.

  • CREDO IS AN ACRONYM FOR "CATHOLIC RENEWAL, ENRICHMENT AND DEVELOPMENT ORGANIZATION".During the year 2023, support went to assist 10 families in need. CREDO provided financial assistance for: rent, utilities, car repair, medicine and medical expenses, clothing, transportation to medical appointments, college expenses, religious education, and training supplies for health clinic volunteers. The majority of financial expenditures provided rent, utilities and medical aid for families out of work.

    Expenses $59,259 · Grants $59,259

As filed on the 2023 return.

Listed in Part IV

  • JOHN MCDONNELL

    President

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    4
  • Randinne McDonnell

    Secretary/Treas

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    2
  • MARY KYNE

    Vice President

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    1

Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, 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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990_ez
Tax year
2023
Filed
29 April 2024
IRS schema version
2023v5.0
Source object
202421209349202152

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