Creative Exchanges Initiative Inc
- Assets
- $8.8k
- Revenue
- $5.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Birmingham, AL
- Founding
- 04/2016
- Data as of
- 12/2020
- EIN
- 47-2118667
Organization Overview
Creative Exchanges Initiative Inc is located in Birmingham, AL. 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 12/2020, Creative Exchanges Initiative Inc generated $5.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (47.9%) each year. All expenses for the organization totaled $122.5k during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP HUMAN POTENTIAL, TRANSFORM COMMUNITIES, AND RESTORE THE EARTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ECONOMIC CAPACITY BUILDING: ALTHOUGH 75% OF THE WORLD'S HUNGRY LIVE IN AREAS WHERE THEY COULD GROW ENOUGH FOR A HEALTHY DIET AND HAVE INCOME TO COVER BASIC NEEDS. IN HAITI, 30% OF THE POPULATION IS CONSIDERED FOOD INSECURE (WORLD FOOD PROGRAMME 2015). CEI WORKS WITH SMALLHOLDER HAITIAN FARMERS TO BRING FOOD SECURITY, ECONOMIC VIABILITY, AND RESTORE DEPLETED LAND. CURRENT PROGRAMS INCLUDE GOAT, AGRICULTURE, WATER INITIATIVE, AND WOMEN'S BUSINESS.
INTERNSHIPS AND RESIDENCIES - CEI FACILITATES VARIOUS SHORT-TERM LEARNING EXCHANGES FOR HAITIAN LEADERS, EDUCATORS, AGRONOMISTS, MUSICIANS, ARTISTS, AND OTHERS THOUGH TARGETED BRIEF RESIDENCIES. WITH PARTNERS, WE ALSO PROVIDE OPPORTUNITIES FOR HAITIANS TO ATTEND CONFERENCES, SEMINARS, AND WORKSHOPS SPECIFICALLY RELATED TO THEIR FIELD. EACH EXCHANGE IS UNIQUELY DESIGNED AROUND THE INDIVIDUAL AND HAITIAN COMMUNITY SERVED AND THE US COLLABORATOR, WITH THE EXPECTATION OF EQUAL GAIN THROUGH THE EXCHANGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine Parrill Founder & CEO | Officer | 40 | $54,750 |
Erin Keenan Director | Trustee | 1 | $0 |
Margaret Pittenger Director | Trustee | 1 | $0 |
Paul Morin Director | Trustee | 1 | $0 |
Rodolphe Eloi Director | Trustee | 1 | $0 |
Maggie Wade Johnson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,768 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,768 |
| Total Program Service Revenue | $0 |
| Investment income | $5 |
| 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 | $5,773 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $54,750 |
| 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 | $3,186 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,716 |
| Advertising and promotion | $2,657 |
| Office expenses | $2,468 |
| 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 | $180 |
| Total functional expenses | $122,532 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,810 |
| Savings and temporary cash investments | $0 |
| 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 | $8,810 |
| 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 | $8,100 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $14,588 |
| Total liabilities | $22,688 |
| Net assets without donor restrictions | -$13,878 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $8,810 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Creative Exchanges Initiative Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Youngarts Foundation Supporting Organization Miami, FL | $27,055,723 | $2,603,518 |
Artserve Inc Fort Lauderdale, FL | $667,850 | $1,720,323 |
Ifpi Latin America Inc Doral, FL | $250,723 | $1,373,666 |
Alabama Dance Council Inc Birmingham, AL | $120,959 | $249,457 |
Creative Exchanges Initiative Inc Birmingham, AL | $8,810 | $5,773 |
Lear Mentoring Inc Memphis, TN | $64,974 | $0 |
Mccracken Kitty Kat Rescue Cleveland, TN | $39,527 | $0 |
Greenhouse Ministries Inc Acworth, GA | $1,500 | $0 |
Adoration Artists Inc Jacksonville, FL | $0 | $0 |