CREATIVETS (EIN 463617663) - 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

2013

Legal Domicile

Principal Officer

RICHARD CASPER

Phone

2817829232

Tax Period

2024-07-01 to 2025-06-30

CREATIVETS, founded in 2013, is a community nonprofit in the Arts, Culture & Humanities sector that reported $4.3M in total revenue in fiscal year 2024. Revenue surged 96% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.1M, a strong 48% operating margin.

Mission

TO EMPOWER WOUNDED VETERANS TO HEAL THROUGH THE ARTS AND MUSIC, GIVING VETERANS TOOLS THEY CAN USE TO COMBAT STRESS, DEPRESSION, ADN OTHER SIDE EFFECTS OF WAR AND ENABLING THEM TO SEE THEIR OWN CAPACITY FOR SUCCESS.

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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 $4,170,863

Program Service Revenue $0

Investment Income $59,269

Other Revenue $114,275

TOTAL REVENUE $4,344,407

Expense Breakdown

Grants Paid $0

Salaries & Benefits $769,566

Fundraising Expenses $85,131

Program Expenses $1,996,640

Other Expenses $1,509,056

TOTAL EXPENSES $2,278,622

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,344,407	$2,221,915	+1.0%
Expenses	$2,278,622	$1,937,718	+0.2%
Net Income	$2,065,785	$284,197	+6.3%

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

361

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

$148,363

Total Directors

$148,363

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LUKE PELL	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
LARRY FELTS	TREASURER	5.00	Officer Director	$0	$0	$0
WILLIAM PARKER	SECRETARY	1.00	Officer Director	$0	$0	$0
LINDA TARRSON	CO-FOUNDER AND BOARD MEMBE	2.00	Director	$0	$0	$0
KELLY RICH	BOARD MEMBER	1.00	Director	$0	$0	$0
JASON RITTENBERRY	BOARD MEMBER	2.00	Director	$0	$0	$0
SHEILA YEPSEN	LIFETIME BOARD MEMBER	1.00	Director	$0	$0	$0
JORDAN PETTIT	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRIS COOK	BOARD MEMBER	1.00	Director	$0	$0	$0
RICHARD CASPER	EXECUTIVE DIRECTOR	50.00	Officer Director	$148,363	$0	$148,363
KYLE L YEPSON	EMPLOYEE	40.00	Highest	$115,848	$0	$115,848
BRETT F GILLAN	EMPLOYEE	40.00	Highest	$100,630	$0	$100,630

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	$4,344,407	$2,278,622	$4,637,769	$2,065,785
2024	$2,221,915	$1,937,718	$1,472,485	$284,197
2023	$1,437,638	$1,254,305	$1,230,302	$183,333
2022	$860,430	$842,903	$484,880	$17,527
2021	$680,703	$642,573	$438,485	$38,130
2020	$664,281	$630,542	$323,997	$33,739

CREATIVETS