Christian Evangelistic Economic Development Corporation

Nonprofit profile at a glance

EIN
233098443
IRS 990 coverage
2012–2015
Forms available
Form 990 2015
Location
Pittsburgh, PA, USA
Phone
4124508070
Rating confidence
Limited
Sector
Protestant
Affiliation
Christianity

Official website

Reported finances

Revenue
$297,467
Expenses
$130,688
Assets
$623,538
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • SHERRON CLARK (PRESIDENT)

People named in this filing

  • RAYMOND PARKER (DIRECTOR)
  • BENJAMIN BUTLER (BOARD MEMBER)
  • GINA HICKAMB (BOARD MEBER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To revitalize, strengthen and produce healthy, self-sustaining communities through innovative programs and projects that put community members and stakeholders in the forefront of economic growth and self-sufficiency.

What it reported doing in 2015

Ceed is a pittsburgh bases 501 (c)(3) non-profit organization that builds a multicultural team that works to create opportunities for community growth and economic sustainability through a small business microenterprise support program "skills to wealth". Through the skills to wealth program, ceed provides free business technical assistance and non-traditional microloans to underserved and disadvantaged microenterprises and small businesses in the city of pittsburgh and ten of its surrounding counties. Since 2008, ceed has provided microenterprise / small business development assistance to 350 plus underserved and disadvantaged businesses, especially immigrants-owned, refugees-owned, women-owned, veteran-owned and other minority-owned businesses. Assistance offered through our skills to wealth program.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 86
  • Accountability: 94
  • Sustainability: 87
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 90.7%; rating input score 91
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 22nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 7 controls in place; rating input score 86
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 56.1%; rating input score 95; 95th percentile among comparable filings
  • Total-asset coverage ratio: 4.77; rating input score 79; 79th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 85; 85th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 73; 73rd percentile among comparable filings

Growth

  • Program expense growth: -61.9% per year; rating input score 0; 3rd percentile among comparable filings
  • Revenue growth: -13% per year; rating input score 0; 10th percentile among comparable filings
  • Asset growth: 32% per year; rating input score 100; 91st percentile among comparable filings

Details

  • Where the money goes: 90.7% of spending went to programs
  • Governance: 4 of 4 board members independent · 6 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $118K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 17 of 18 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 3 filing years from 2012 to 2015
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.