CREA FOUNDATION INC (EIN 853787409) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

ROGER SHANK

Phone

3178087376

Tax Period

2024-01-01 to 2024-12-31

CREA FOUNDATION INC, founded in 2021, is a small nonprofit in the Education sector that reported $554K in total revenue in fiscal year 2024. The organization ran a surplus of $297K, a strong 54% operating margin.

Mission

THROUGH STRATEGIC PARTNERSHIPS, CREA FOUNDATION SEEKS TO IMPROVE THE LIVES OF YOUTH AND YOUNG ADULTS FACING FINANCIAL BARRIERS TO SUCCESS IN THE COMMUNITIES WE SERVE BY CREATING OPPORTUNITIES TO FURTHER THEIR LEARNING, DEVELOPMENT AND EDUCATION.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $570,489

Program Service Revenue $0

Investment Income $25,313

Other Revenue $-41,585

TOTAL REVENUE $554,217

Expense Breakdown

Grants Paid $5,500

Salaries & Benefits $0

Fundraising Expenses $110,609

Program Expenses $16,598

Other Expenses $251,961

TOTAL EXPENSES $257,461

Year-over-Year Comparison

	2024	2023	Change
Revenue	$554,217	$538,038	+0.0%
Expenses	$257,461	$258,038	0.0%
Net Income	$296,756	$280,000	+0.1%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
ARVETTA JIDEONWO	EXECUTIVE DI	N/A		$0	$0	$110,633
CHARLES ANDERSON	MEMBER	1.00	Director	$0	$0	$0
TONY BERTOLDI	MEMBER	1.00	Director	$0	$0	$0
STEFANIE BROWN	MEMBER	1.00	Director	$0	$0	$0
KYLE MALONE	MEMBER	1.00	Director	$0	$0	$0
PAM MCINTYRE	MEMBER	1.00	Director	$0	$0	$0
KATY MCSHANE	MEMBER	1.00	Director	$0	$0	$0
LAURIE LEVITT SCHOENBURG	MEMBER	1.00	Director	$0	$0	$0
ROGER SHANK	MEMBER	1.00	Officer Director	$0	$0	$0
BRIAN VILLA	MEMBER	1.00	Director	$0	$0	$0
JEFF WHITING	CHAIR	1.00	Officer 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	$554,217	$257,461	$640,862	$296,756
2023	$538,038	$258,038	$569,091	$280,000
2022	$546,041	$714,237	$362,303	$-168,196
2021	$196,704	$71,205	$213,854	$125,499

CREA FOUNDATION INC