Creative Learning Program INC EIN 20-4420670

Creative Learning Program INC

EIN  20-4420670 Public charity (501(c)(3)) Radcliff, KY
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Nurture young children's growth in education, emotions, social skills, physical health, and spiritual well-being.
Leadership
Ericker Bond · Executive Director · $42K
Money in and out
$225K revenue, $330K expenses
Bottom line
97% program efficiency

Nurture young children's growth in education, emotions, social skills, physical health, and spiritual well-being. For fiscal year 2024 it reported $225K in revenue, $330K in expenses, and $62K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$225K
Pt VIII · Ln 12
Total expenses
$330K
Pt IX · Ln 25
Net assets
$62K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$106K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.03
Program efficiency
97%
of spending reaches programs
Operating runway
2.3mo
months of highly liquid reserves at operating expense rate▼ -95% vs prior filing year
Surplus margin
-47%
revenue over expenses, this year▼ -177% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$225K
FY2024▲ +104%
Total revenue
$225K
Pt VIII · Ln 12
Total expenses
$330K
Pt IX · Ln 25
Net assets
$62K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$106K
Total assetsPt X · Ln 16$66K
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

1 program service account for $322K of program spending, described in the organization's own filed words · FY2024.
01

Provide services to preschool age children in order to promote growth in areas of educational, emotional, social, physical, and spiritual wellbeing

$322Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCreative Learning Program INC
EINHdr · item D20-4420670
Principal addressHdr · item CRadcliff, KY
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MKY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P33)
Ruling yearIRS BMFFeb 2023

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$42,000Pt VII · Sec A
$0Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Ericker Bond’s $42K as Executive Director is at the 29th percentile of top reported officer pay among 2164 $100K–1M human services 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.

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Statement of Revenue

Part VIII
Program service revenue$216K · 96%
Contributions & grants$9K · 4%
Program service revenue96%$216K
Contributions & grants4%$9K
Total revenueLn 12$225K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.03
Program services97%$322K
Management & general3%$9K
Total functional expensesLn 25$330K

Balance Sheet

Part X · end of year
CashLn 1$62K
Total assetsLn 16$66K
Total liabilitiesLn 26$3K
Total net assetsLn 32$62K
Months of cash on handcomputed2.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $62K · Operating expenses (Pt IX) $330K · Less non-cash grants $9K · Cash operating expenses/yr $321K
2.3 months
Where the money goes
Program services
Program services $322K · Total expenses $330K
97%
Management & General
Management & general $9K · Total expenses $330K
3%
Fundraising
Fundraising $0 · Total expenses $330K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $9K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $9K · Total revenue $225K
4%
Government reliance
Government grants — · Total revenue $225K
Earned-income share
Program service revenue $216K · Total revenue $225K
96%
Investment reliance
Investment income $0 · Total revenue $225K
0%
Program self-sufficiency
Program service revenue $216K · Total expenses $330K
65%
Growth & trend
Revenue growth (YoY)
This year $225K · Prior year $110K
+104%
Net-asset trend (YoY)
End of year $62K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $225K · Expenses $330K
-47%
Liabilities-to-Assets
Total liabilities — · Total assets $66K
Net-asset ratio
Net assets $62K · Total assets $66K
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $66K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Ericker Bond · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $42K · Total expenses $330K
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $279K · Total expenses $330K
84%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 97%
Overhead ratio 3%
Fundraising cost ratio 0%
Revenue growth 104%
Accounting fee ratio 2%

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.

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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)$225K revenue · viewing · ⤓ 990 PDF
FY2023$110K 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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