CREATIVES WANT CHANGE INC (EIN 853980721) - 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

2020

Legal Domicile

Principal Officer

MATTHEW KANE

Phone

8778295500

Tax Period

2024-09-01 to 2025-08-31

CREATIVES WANT CHANGE INC, founded in 2020, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $630K in total revenue in fiscal year 2024. Revenue surged 168% from the prior year, signaling strong growth momentum. The organization ran a surplus of $280K, a strong 44% operating margin.

Mission

THE ORGANIZATION IS DEDICATED TO THE CULTIVATION OF BLACK CREATIVE TALENT BEGINNING AT THE HIGH SCHOOL LEVEL AND CONTINUING INTO EARLY PROFESSIONAL DEVELOPMENT.

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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 $625,977

Program Service Revenue $0

Investment Income $0

Other Revenue $3,667

TOTAL REVENUE $629,644

Expense Breakdown

Grants Paid $149,504

Salaries & Benefits $120,928

Fundraising Expenses $38,635

Program Expenses $252,999

Other Expenses $79,489

TOTAL EXPENSES $349,921

Year-over-Year Comparison

	2024	2023	Change
Revenue	$629,644	$234,771	+1.7%
Expenses	$349,921	$266,145	+0.3%
Net Income	$279,723	$-31,374	-9.9%

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

$85,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NAMASHA SCHELLING	DIRECTOR OF PROGRAMS	40.00	Officer	$85,000	$0	$85,000
JOE MEDVED	PRESIDENT	5.00	Officer Director	$0	$0	$0
MATTHEW KANE	TREASURER	5.00	Officer Director	$0	$0	$0
RANDY COUSIN	SECRETARY	5.00	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
2025	$629,644	$349,921	$559,731	$279,723
2024	$234,771	$266,145	$292,103	$-31,374
2023	$351,230	$266,631	$332,860	$84,599
2021	$210,750	$80,951	$130,259	$129,799

CREATIVES WANT CHANGE INC