CREATIVE LIVING CENTER INC

EIN: 581734706 501(c)(3)

GREENVILLE, NC

Total Revenue
$168,135
Total Expenses
$183,531
Total Assets
$38,427
Net Assets
$36,191
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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

Principal Officer
BRYAN AVERETTE
Phone
2527573344
Tax Period
2023-01-01 to 2023-12-31

CREATIVE LIVING CENTER INC is a small nonprofit that reported $168K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year.

Mission

ADULT DAY HEALTH CARE

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $162,311
Program Service Revenue $5,824
Investment Income $0
Other Revenue $0
TOTAL REVENUE $168,135

Expense Breakdown

Grants Paid $0
Salaries & Benefits $127,098
Fundraising Expenses $0
Program Expenses $144,863
Other Expenses $56,433
TOTAL EXPENSES $183,531

Year-over-Year Comparison

2023 2022 Change
Revenue $168,135 $182,554 -0.1%
Expenses $183,531 $173,547 +0.1%
Net Income $-15,396 $9,007 -2.7%
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

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Governance

Voting Members
5
Independent Members
5
Employees
6
Volunteers
N/A

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
0
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL AICHINGER DIRECTOR N/A
Director
$0 $0 $0
BRYAN AVERETTE CHAIRMAN N/A
Director
$0 $0 $0
RENEE DAWSON TREASURER N/A
Director
$0 $0 $0
SANDRA DUNN DIRECTOR N/A
Director
$0 $0 $0
MARY HALL VICE CHARIMA N/A
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 $168,135 $183,531 $38,427 $-15,396
2022 $182,554 $173,547 $54,963 $9,007
2021 $167,569 $160,504 $43,506 $7,065
2020 $186,201 $158,632 $40,200 $27,569
2019 $175,250 $161,648 $19,154 $13,602
2018 $183,211 $159,158 $15,449 $24,053
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