Sunn Educational Resources INC FY2022 filing

Vineland, NJUnknown exempt organizationEIN 22-3809597Revenue $2.6M in FY2022

On file with the IRScreativeachievement.org1667 Landis Ave Po Box 865 · Vineland, NJ

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Creative achievement academy is a non-profit scholastic facility with a mission of providing a highly structured Educational setting which combines academics, life skills, character development and behavior management. Our goal is to ensure that students have a safe, creative and caring therapeutic environment that promotes self-discipline, self-esteem, character education, responsiblility and respect for diversity. Our aim is to encourage students to achieve their personal best.

90¢ of each $1 spent went to programs.
$210K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average deficit $88K a year · 3% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$210K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.9 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.1M
58% of total assets
Fine: liabilities are 58% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.6M
+22% vs prior year
Spent
$2.5M
To programs
90%
Net assets
$817K
By yearFY2020–FY2023
Revenue
$2.6M
FY2022▲ +22%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.9M
FY2021$2.1M
FY2022$2.6M
FY2023$2.8M
FY2023$220K
Expenses
$2.5M
FY2022▼ -6%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.9M
FY2021$2.6M
FY2022$2.5M
FY2023$2.7M
FY2023$252K
Net assets
$817K
FY2022▲ +13%
Tap a bar for its year
Net assets by fiscal year
FY2020$809K
FY2021$722K
FY2022$817K
FY2023$884K
FY2023$0

From the FY2022 Form 990 (year ending June 2022) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $2.2M Management & general 10% · $255K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990; $210K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Secretary
$117,742Pt VII · Sec A
$80,333Pt VII · Sec A
Treasurer
$11,562Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Kelly Murray$167,686$117,742——
Kellie Murray——$121,041$117,718
Yvonne Holloway$100,577$80,333——
Nancy Berenato——$67,390$67,643
Jack Matty$65,313$11,562——

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides structured education combining academics, life skills, and character development for student success.

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Provided by the organization

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1 program · $2.2M · in their own filed words · FY2021
01

Private school organized for the instruction and training of disabled or special needs children approved by the state of new jersey department of education. Approximately 38 students were served for the period 7/1/2021 through 6/30/2022.

$2.2Mprogram expense

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$2.6M
Ln 12
Fees for servicesLn 2g$2.4M
Investment incomeLn 3$143K
Money outPt IX
$2.5M
Ln 25
Programscol B$2.2M
Managementcol C$255K
Owns and owesPt X
$817K
net assets · Ln 32
Cash and savingsLn 1–2$188K
Total assetsLn 16$1.9M
LiabilitiesLn 26$1.1M
PeoplePt VI, VII
6
listed · VII A
PaidVII A3
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$2.4M
Investment incomeLn 3$143K
Total revenueLn 12$2.6M
Assets in detailPt X, end of year
CashLn 1$70K
SavingsLn 2$118K
Cash and savings togetherLn 1–2$188K
Land, buildings, equipmentLn 10c$4K
Other assetsLn 15$15K
Total assetsLn 16$1.9M
LiabilitiesLn 26$1.1M
Net assetsLn 32$817K
OperationsPt I, VI
EmployeesI 544
VolunteersI 64
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$461K$188K
Land, buildings, equipmentLn 10c$7K$4K
Total assetsLn 16$800K$1.9M
LiabilitiesLn 26$78K$1.1M
Net assetsLn 32$722K$817K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$1.6M$1.4M$205K
Other employee benefitsLn 9$131K$126K$5K
Payroll taxesLn 10$185K$164K$21K
Legal feesLn 11b$16K$15K$808
Accounting feesLn 11c$14K$13K$700
Other fees for servicesLn 11g$181K$176K$5K
OccupancyLn 16$292K$278K$15K
InterestLn 20$11K$10K$534
Depreciation, depletion and amortizationLn 22$2K$2K$100
InsuranceLn 23$55K$52K$3K
Total functional expensesLn 25$2.5M$2.2M$255K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 $2.8M$2.7M$67K$884K 990 PDF
FY2022 Viewing $2.6M$2.5M$95K$817K 990 PDF
FY2021 $2.1M$2.6M−$522K$722K 990 PDF
FY2020 $2.9M$2.9M$9K$809K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $2,581,088 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $2,108,137$2,438,565
I-10 Investment incomePrior year $15,222$142,523
I-11 Other revenue$0
I-12 Total revenuePrior year $2,123,359$2,581,088
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $2,076,376$1,915,497
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $568,985$570,243
I-18 Total expensesPrior year $2,645,361$2,485,740
I-19 Revenue less expensesPrior year −$522,002$95,348
Part VI · Governance 6 of 6 board members independent, 3 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsYes
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $2,581,088 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,438,565$2,438,565
VIII-3 Investment incomeExcluded from tax $142,523$142,523
VIII-12 Total revenueRelated to mission $2,438,565 · Excluded from tax $142,523$2,581,088
Part IX · Statement of functional expenses $2,485,740 across 10 lines filed
IX-7 Other salaries and wagesPrograms $1,394,837 · Management $204,736$1,599,573
IX-9 Other employee benefitsPrograms $125,614 · Management $5,040$130,654
IX-10 Payroll taxesPrograms $164,487 · Management $20,783$185,270
IX-11b Legal feesPrograms $14,701 · Management $808$15,509
IX-11c Accounting feesPrograms $13,295 · Management $700$13,995
IX-11g Other fees for servicesPrograms $176,349 · Management $4,753$181,102
IX-16 OccupancyPrograms $277,770 · Management $14,621$292,391
IX-20 InterestPrograms $10,147 · Management $534$10,681
IX-22 Depreciation, depletion and amortizationPrograms $1,877 · Management $100$1,977
IX-23 InsurancePrograms $51,856 · Management $2,732$54,588
IX-25 Total functional expensesPrograms $2,230,933 · Management $254,807 · Fundraising $0$2,485,740
Part X · Balance sheet $1,933,165 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $107,481$69,667
X-2 Savings and temporary cash investmentsStart of year $353,312$117,835
X-4 Accounts receivableStart of year $314,856$641,690
X-9 Prepaid expenses and deferred chargesStart of year $2,472$16,215
X-10c Land, buildings and equipment, netStart of year $6,682$3,895
X-14 Intangible assets$1,068,446
X-15 Other assetsStart of year $15,417$15,417
X-16 Total assetsStart of year $800,220$1,933,165
X-17 Accounts payable and accrued expensesStart of year $78,169$29,508
X-25 Other liabilities$1,086,258
X-26 Total liabilitiesStart of year $78,169$1,115,766
X-27 Net assets without donor restrictionsStart of year $722,051$817,399
X-32 Total net assets or fund balancesStart of year $722,051$817,399
X-33 Total liabilities and net assetsStart of year $800,220$1,933,165
Part XI · Reconciliation of net assets $817,399 net assets at year end
XI-1 Total revenue$2,581,088
XI-2 Total expenses$2,485,740
XI-3 Revenue less expenses$95,348
XI-4 Net assets at start of year$722,051
XI-10 Net assets at end of year$817,399

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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