CREATION DEVELOPMENT FOUNDATION INC (EIN 453411581) - 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

Principal Officer

DESMOND DEREK CUMMINGS

Phone

4079007708

Tax Period

2023-01-01 to 2023-12-31

CREATION DEVELOPMENT FOUNDATION INC, founded in 2011, is a community nonprofit in the Education sector that reported $4.0M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

TO DEVELOP AND FUND CHRISTIAN-BASED EDUCATION FOCUSED ON WHOLE-CHILD HEALTH.

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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 (2023)

Revenue Breakdown

Contributions & Grants $441,979

Program Service Revenue $3,569,066

Investment Income $2

Other Revenue $33,797

TOTAL REVENUE $4,044,844

Expense Breakdown

Grants Paid $750

Salaries & Benefits $2,405,115

Fundraising Expenses $12,154

Program Expenses $3,138,027

Other Expenses $1,527,543

TOTAL EXPENSES $3,933,408

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,044,844	$3,593,597	+0.1%
Expenses	$3,933,408	$3,288,472	+0.2%
Net Income	$111,436	$305,125	-0.6%

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

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

$135,175

Total Directors

$135,175

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DESMOND DEREK CUMMINGS	PRESIDENT/CH	40.00	Officer Director	$117,693	$17,482	$135,175
DESMOND DUANE CUMMINGS	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
JOHN LIM	DIRECTOR	1.00	Director	$0	$0	$0
YESHA CHEN	DIRECTOR	1.00	Director	$0	$0	$0
CHERYL ZWART	DIRECTOR	1.00	Director	$0	$0	$0
TREVOR LEWIS	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
2024	No data	No data	No data	No data
2023	$4,044,844	$3,933,408	$8,096,439	$111,436
2022	$3,593,597	$3,288,472	$8,106,521	$305,125
2021	$3,581,722	$2,775,411	$7,842,365	$806,311
2020	$3,114,556	$2,629,387	$6,448,373	$485,169
2019	$4,452,393	$3,084,175	$5,765,686	$1,368,218
2018	$2,708,953	$2,761,701	$4,560,832	$-52,748

CREATION DEVELOPMENT FOUNDATION INC