CREATED INSTITUTE INC (EIN 813014851) - 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

2016

Legal Domicile

Principal Officer

VIDAR L BYBERG

Phone

6128341899

Tax Period

2023-09-01 to 2024-08-31

CREATED INSTITUTE INC, founded in 2016, is a community nonprofit in the Religion sector that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 39% from the prior year, signaling strong growth momentum. Expenses of $1.5M exceeded revenue, resulting in a 15% operating deficit.

Mission

CREATED IS A PRIVATE COLLEGE WHERE THEOLOGY, CULTURE, AND ENTREPRENEURIALISM BECOME ONE STORY.THE MISSION IS TO PROVIDE A TRANSFORMATIVE, CHRISTIAN BASED APPROACH TO CULTIVATING HABITS OF LEARNING AND INNOVATION.

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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 $166,515

Program Service Revenue $1,138,930

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,305,445

Expense Breakdown

Grants Paid $0

Salaries & Benefits $486,489

Fundraising Expenses $87,527

Program Expenses $1,213,992

Other Expenses $1,011,585

TOTAL EXPENSES $1,498,074

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,305,445	$939,193	+0.4%
Expenses	$1,498,074	$1,298,423	+0.2%
Net Income	$-192,629	$-359,230	-0.5%

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

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

$172,334

Total Directors

$226,334

Key Employees

$54,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEE BYBERG	CHAIR AND PROVOST	020.00	Officer Director	$83,778	$0	$83,778
DANIEL DAVIS NORMENT	PRESIDENT	020.00	Officer Director	$59,556	$0	$59,556
AUSTIN SMITH	DIRECTOR	020.00	Director	$54,000	$0	$54,000
JEFF ENGLE	MANAGER	040.00	Key Emp	$54,000	$0	$54,000
ANDREW CHAMBERS	TREASURER	005.00	Officer Director	$29,000	$0	$29,000
PORTIA WADE	DIRECTOR	005.00	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	$1,305,445	$1,498,074	$230,629	$-192,629
2023	$939,193	$1,298,423	$286,809	$-359,230
2022	$835,025	$955,901	$374,091	$-120,876
2021	$535,076	$608,286	$39,895	$-73,210
2020	$614,508	$626,730	$183,079	$-12,222

CREATED INSTITUTE INC