Creative Exchanges Initiative Inc
- Assets
- $19.0k
- Revenue
- $22.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Sylva, NC
- Founding
- 04/2016
- Data as of
- 12/2022
- EIN
- 47-2118667
Organization Overview
Creative Exchanges Initiative Inc is located in Sylva, NC. The organization was established in 2016. According to its NTEE Classification (A02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Creative Exchanges Initiative Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Creative Exchanges Initiative Inc generated $22.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (27.1%) each year. All expenses for the organization totaled $17.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (26.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION AND CULTURAL EXCHANGES BETWEEN HAITI AND THE US ALONG WITH DEVELOPMENT WORK IN RURAL HAITI
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOAT PROJECT FOR STUDENTS IN RURAL HAITI. ANIMAL HUSBANDRY LESSONS AND ONGOING OVERSIGHT PROVIDED FOR 20 STUDENTS TO MAKE THEM FINANCIALLY INDEPENDENT FOR SCHOOL
CULTURAL EXCHANGE WAS USED TO BRING HAITIAN TEACHER TO THE US TO TEACH AND LECTURE ABOUT HAITI.
WATER PROGRAM IN HAITI THAT PROVIDED CATCHMENT SYSTEMS FOR 10 FAMILYS SO THEY COULD HAVE POTABLE WATER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erin Keenan Director | Trustee | 1 | $0 |
Paul Morin Director | Trustee | 1 | $0 |
Margaret Pittenger Director | Trustee | 1 | $0 |
Norly Germain Director | Trustee | 1 | $0 |
Rodolphe Eloi Director | Trustee | 1 | $0 |
Catherine Parrill CEO | Officer | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $22,574 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,574 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $22,574 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $16,145 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $453 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $500 |
| Advertising and promotion | $0 |
| Office expenses | $703 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $17,801 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,937 |
| Savings and temporary cash investments | $4,075 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $19,012 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $19,012 |
| Total liabilities and net assets/fund balances | $19,012 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Charleston Gaillard Management Corporation Charleston, SC | $8,796,063 | $11,938,678 |
National Arts Strategies Inc Alexandria, VA | $8,211,592 | $1,313,986 |
Live Oak Foundation Inc Sanford, NC | $5,000,521 | $1,134,428 |
Association Of Propasal Management Professionals Ashburn, VA | $58,375 | $0 |
Mccracken Kitty Kat Rescue Cleveland, TN | $37,645 | $0 |
Riddicks Folly Inc Suffolk, VA | $887,809 | $114,171 |
Lear Mentoring Inc Memphis, TN | $33,059 | $0 |
Union County Arts Council Inc Union, SC | $159,100 | $0 |
Creative Exchanges Initiative Inc Sylva, NC | $19,012 | $22,574 |
Greenhouse Ministries Inc Acworth, GA | $704 | $0 |
Latinas Rise Inc Peachtree Corners, GA | $0 | $0 |
Tak University Greensboro, NC | $0 | $0 |