CREATELLA IMPACT INC

EIN: 861598589 501(c)(3)

NEW YORK, NY

Total Revenue
$158,722
Total Expenses
$177,478
Total Assets
$19,360
Net Assets
$19,360
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
NY
Principal Officer
KAREN VARDANYAN
Phone
6464030029
Tax Period
2025-01-01 to 2025-12-31

CREATELLA IMPACT INC, founded in 2021, is a small nonprofit that reported $159K in total revenue in fiscal year 2025. Revenue surged 196% from the prior year, signaling strong growth momentum. Expenses of $177K exceeded revenue, resulting in a 12% operating deficit.

Mission

CREATELLA IMPACT BRIDGES THE SUSTAINABLE DEVELOPMENT GOALS (SDG) GAP BYSUPPORTING START UP SOCIAL ENTERPRISES AND SUSTAINABILITY AND SOCIAL IMPACTBUSINESSES PRINCIPALLY IN EMERGING MARKETS TO BUILD SUSTAINABLE ENTERPRISESADDRESSING SOCIAL AND ENVIRONMENTAL CHALLENGES, WITH A STRONG FOCUS ON THESDGS. ORGANIZATION PROVIDES TECHNICAL ASSISTANCE, EDUCATION AND TRAININGPROGRAMS, INCUBATION AND ACCELERATION PROGRAMS, ADVISORY AND EXECUTIONSUPPORT IN THE AREAS OF STRATEGY, OPERATIONS, TECHNOLOGY, IMPACTPERFORMANCE MEASUREMENT AND MANAGEMENT, MARKET ANALYSIS, ETC.CREATELLA IMPACT IS COMMITTED TO CONTRIBUTING TO THE ACHIEVEMENT OF THESDGS AND EMPOWERING WOMEN GLOBALLY. WITH THIS OBJECTIVE, IN 2021 CREATELLAIMPACT DESIGNED A MODEL SHEDISRUPTS MENTORSHIP AND PRE- ACCELERATIONPROGRAMS (SD) FOR WOMEN LED EARLY STAGE STARTUPS (MICRO ANDSMALL ENTERPRISES WITH GROWTH POTENTIAL) TO: A) PROVIDE TRAINING, CAPACITYBUILDING AND PRE-ACCELERATION SUPPORT ON BUSINESS, TECHNOLOGY, GENDEREQUALITY AND IMPACT MAN

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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 (2025)

Revenue Breakdown

Contributions & Grants $158,722
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $158,722

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $177,478
Other Expenses $177,478
TOTAL EXPENSES $177,478

Year-over-Year Comparison

2025 2024 Change
Revenue $158,722 $53,541 +2.0%
Expenses $177,478 $129,134 +0.4%
Net Income $-18,756 $-75,593 -0.8%
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
6
Independent Members
6
Employees
N/A
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
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GUILLAUME CATELLA COEXECUTIVE N/A
Director
$0 $0 $0
KAREN VARDANYAN COEXECUTIVE 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
2025 $158,722 $177,478 $19,360 $-18,756
2024 $53,541 $129,134 $38,116 $-75,593
2023 $159,112 $56,776 $113,709 $102,336
2022 $72,187 $90,910 $11,373 $-18,723
2021 $60,080 $29,984 $32,381 $30,096
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