CREATIVE ARTS INC (EIN 371658771) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Phone

8152199243

Tax Period

2024-01-01 to 2024-12-31

CREATIVE ARTS INC, founded in 2011, is a small nonprofit in the Arts, Culture & Humanities sector that reported $416K in total revenue in fiscal year 2024. Revenue surged 63% from the prior year, signaling strong growth momentum. The organization ran a surplus of $93K, a strong 22% operating margin.

Mission

Creative Arts Inc. mission is to provide exceptional quality art instruction for children and adults in order to build skills and explore art forms while nurturing the creativity of individuals at all ability levels.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $181,610

Program Service Revenue $234,853

Investment Income $0

Other Revenue $0

TOTAL REVENUE $416,463

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $323,780

Other Expenses $323,780

TOTAL EXPENSES $323,780

Year-over-Year Comparison

	2024	2023	Change
Revenue	$416,463	$255,694	+0.6%
Expenses	$323,780	$252,343	+0.3%
Net Income	$92,683	$3,351	+26.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael Williamson	Board President	1.00	Officer	$0	$0	$0
Julie Krepel	Board Member	1.00	Officer	$0	$0	$0
Carol Graham	Board Secretary	1.00	Officer	$0	$0	$0
Lindsay Sharp	Board Member	1.00	Officer	$0	$0	$0
Nancy Williamson	Board Treasurer	1.00	Officer	$0	$0	$0
Sam Sieber	Director	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$416,463	$323,780	$160,600	$92,683
2023	$255,694	$252,343	$67,917	$3,351
2022	$212,141	$193,835	$64,566	$18,306

CREATIVE ARTS INC