Creative Education Foundation INC EIN 16-0849832

Creative Education Foundation INC

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Empowers people with creativity skills, tools, and mindset for personal and professional growth. For fiscal year 2024 it reported $492K in revenue, $594K in expenses, and $631K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Dorchester, MA
Website
www.creativeeducationfoundation.org
Filings
5 on file (2020–2024)
Revenue
$492KFY2024
Expenses
$594K
Net assets
$631K
People
15
Filings
5
Updates
0
More identity details & actions ⌄
EIN  16-0849832 Public charity (501(c)(3)) Dorchester, MA
Form 990 (PDF)
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Size
$100K–1M
What they do
Empowers people with creativity skills, tools, and mindset for personal and professional growth.
Leadership
Mary E Miller · Executive Director · $123K
Money in and out
$492K revenue, $594K expenses
Bottom line
60% program efficiency
Where the money goes · FY2024
Total revenue
$492K
Pt VIII · Ln 12
Total expenses
$594K
Pt IX · Ln 25
Net assets
$631K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$102K
Where spending went · Part IX cols B–D
Program services $0.60 Management & general $0.30 Fundraising $0.10
Program efficiency
60%
of spending reaches programs▼ -6% vs prior filing year
Operating runway
12.6mo
months of highly liquid reserves at operating expense rate▼ -20% vs prior filing year
Surplus margin
-21%
revenue over expenses, this year▲ +14% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$492K
FY2024▲ +4%
Expenses
$594K
FY2024▲ +1%
Total assets
$809K
FY2024▼ -13%
Total liabilities
$178K
FY2024▼ -13%
Total revenue
$492K
Pt VIII · Ln 12
Total expenses
$594K
Pt IX · Ln 25
Net assets
$631K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$102K
Total assetsPt X · Ln 16$809K
Program-expense ratioPt IX · col B60%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412
Mission & Programs · Part III

Where the work happens

3 program services account for $358K of program spending, described in the organization's own filed words · FY2024.
01

The foundation conducts two annual, international creativity conferences - the florida creativity conference (FLCC) and the creative problem solving institute (cpsi) - which welcome hundreds of participants and which present deliberate creativity and creative leadership workshops for personal and professional development.

$277Kprogram expense
02

Cef provides education services through training and consulting about creative thinking techniques and how people can develop creativity environments to support creative problem solving and innovation: 1. Cef's educator training programs trains educators how to integrate creative problem solving tools and skills in the classroom. 2.

$62Kprogram expense
03

The foundation publishes the academic journal entitled the "journal of creative behavior (JCB)" quarterly. The journal includes scholarship and current research in creative thinking and practice. For more than five decades, the JCB has been the benchmark academic periodical in the field.

$19Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCreative Education Foundation INC
EINHdr · item D16-0849832
Principal addressHdr · item CDorchester, MA
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B99Z)
Ruling yearIRS BMFJul 1955

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$122,528Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice-Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Mary E Miller’s $123K as Executive Director is at the 91st percentile of top reported officer pay among 1615 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Mary E Miller$122,528$118,959$113,728$110,416$111,323

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$343K · 70%
Contributions & grants$138K · 28%
Investment income$11K · 2%
Program service revenue70%$343K
Contributions & grants28%$138K
Investment income2%$11K
Total revenueLn 12$492K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.60 Management & general $0.30 Fundraising $0.10
Program services60%$358K
Management & general30%$179K
Fundraising10%$57K
Total functional expensesLn 25$594K

Balance Sheet

Part X · end of year
CashLn 1$476K
Total assetsLn 16$809K
Total liabilitiesLn 26$178K
Total net assetsLn 32$631K
Months of cash on handcomputed9.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $625K · Operating expenses/yr $594K
12.6 months
Where the money goes
Program services
Program services $358K · Total expenses $594K
60%
Management & General
Management & general $179K · Total expenses $594K
30%
Fundraising
Fundraising $57K · Total expenses $594K
10%
Cost to raise $1
Fundraising expense (3-yr avg) $50K · Solicited contributions (3-yr avg) $123K
$0.41 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $138K · Total revenue $492K
28%
Government reliance
Government grants — · Total revenue $492K
Earned-income share
Program service revenue $343K · Total revenue $492K
70%
Investment reliance
Investment income $11K · Total revenue $492K
+2%
Program self-sufficiency
Program service revenue $343K · Total expenses $594K
58%
Growth & trend
Revenue growth (YoY)
This year $492K · Prior year $472K
+4%
Revenue CAGR
FY2020 $300K · FY2024 $492K
+13%
Net-asset trend (YoY)
End of year $631K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $492K · Expenses $594K
-21%
Liabilities-to-Assets
Total liabilities — · Total assets $809K
Net-asset ratio
Net assets $631K · Total assets $809K
78%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $149K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $809K
18%
People & payroll
Highest Reported Total Compensation
Individual Mary E Miller · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $123K · Total expenses $594K
21%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $215K · Total expenses $594K
36%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 60%
Overhead ratio 30%
Fundraising cost ratio 41%
Revenue growth 4%
Investment management fee ratio 0.1%
Accounting fee ratio 6%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$181K
See all 3 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$492K revenue · viewing · ⤓ 990 PDF
FY2023$472K revenue · ⤓ 990 PDF
FY2022$437K revenue · ⤓ 990 PDF
FY2021$548K revenue · ⤓ 990 PDF
FY2020$300K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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