THE CREATIVE LADDER

EIN: 863255346 501(c)(3) Education

WASHINGTON, DC

Total Revenue
$1,062,683
Total Expenses
$1,153,114
Total Assets
$948,032
Net Assets
$905,999
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
DE
Principal Officer
DIONNA DORSEY
Phone
7185689771
Tax Period
2024-07-01 to 2025-06-30

THE CREATIVE LADDER, founded in 2022, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

CREATIVE LADDER'S PRIMARY EXEMPT PURPOSE IS TO MAKE CREATIVE CAREERS ACCESSIBLE TO ALL. THE ORGANIZATION HELPS STUDENTS AND YOUNG PROFESSIONALS FROM ALL BACKGROUNDS TO LEARN ABOUT CREATIVE CAREERS AND OFFERS LEADERSHIP TRAINING AND MENTORSHIP OPPORTUNITIES AMONG OTHER PROGRAMS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,046,585
Program Service Revenue $0
Investment Income $16,098
Other Revenue $0
TOTAL REVENUE $1,062,683

Expense Breakdown

Grants Paid $0
Salaries & Benefits $507,558
Fundraising Expenses $276,732
Program Expenses $585,255
Other Expenses $555,556
TOTAL EXPENSES $1,153,114

Year-over-Year Comparison

2024 2023 Change
Revenue $1,062,683 $932,926 +0.1%
Expenses $1,153,114 $1,386,841 -0.2%
Net Income $-90,431 $-453,915 -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

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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
9
Independent Members
9
Employees
6
Volunteers
9

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
6
$229,639
Total Directors
9
$21,093
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NANCY REYES CHAIR 2.00
Officer Director
$0 $0 $0
ORCHID BERTELSON TREASURER 2.00
Officer Director
$0 $0 $0
SOYOUNG KANG SECRETARY 2.00
Officer Director
$0 $0 $0
THASNIM NASEEMUDDEEN VICE CHAIR 2.00
Officer Director
$0 $0 $0
DANNY ROBINSON BOARD MEMBER 2.00
Director
$0 $0 $0
AYO ODUSOTE BOARD MEMBER 2.00
Director
$0 $0 $0
CLAUDE SILVER BOARD MEMBER 2.00
Director
$0 $0 $0
KALEN THORNTON BOARD MEMBER 2.00
Director
$0 $0 $0
DAVID GRINER CCO (END FEB 2024) / BOARD MEMBER (START JUL 2024) 2.00
Officer Director
$18,462 $2,631 $21,093
DIONNA DORSEY CHIEF EXECUTIVE OFFICER 40.00
Officer
$190,000 $18,546 $208,546
ABNIA LORISTON PROGRAM DIRECTOR 40.00
Highest
$101,371 $15,420 $116,791
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 $1,062,683 $1,153,114 $948,032 $-90,431
2024 $932,926 $1,386,841 $1,045,151 $-453,915
2023 $2,320,406 $1,019,420 $1,494,721 $1,300,986
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