Creo Inc

Nonprofit profile at a glance

EIN
521817535
IRS 990-EZ coverage
2011–2024
Forms available
Form 990 2010, Form 990-EZ 2024
Location
Baltimore, MD, USA
Phone
4107278590
Rating confidence
Limited
Sector
Real Estate Associations

Reported finances

Assets
$139,084
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • WATCHEN HARRIS BRUCE (PRESIDENT & CEO)

People named in this filing

  • JEFFREY WILKE (BOARD MEMBER)
  • ANTONY GROSS (BOARD MEMBER)
  • MICHAEL TAGG (BOARD MEMBER)

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

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To hold title to real property securing defaulted loans made by bcl, which is prohibited from taking title to real property, by foreclosing upon or taking deeds in lieu of foreclosure upon the subject property. Creo's function is to liquidate the properties for the maximum benefit of bcl.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

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: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 8
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: 0; rating input score 64; 64th percentile among comparable filings
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -17.3% per year; rating input score 0; 45th percentile among comparable filings
  • Revenue growth: -33% per year; rating input score 0; 28th percentile among comparable filings
  • Asset growth: -2.8% per year; rating input score 0; 58th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 2 of 2 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 13 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 2 filed related-organization links
  • 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.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.