Creative Minds ADP INC FY2023 filing

Tax-deductible

Van Nuys, CA501(c)(3)Since 2007Human ServicesEIN 30-0450911

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The organization's overall philosophy is to create an atmosphere where people with developmental disabilities have the opportunity to develop and experience to the best of their ability, a pattern of life similar to the people without disabilities.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
$366K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $69K a year · 2% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$366K
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: 0.6 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $20K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$158K
16% of total assets
Looks good: liabilities are 16% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 8 voting members
Concern: none of 8 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.8M
-11% vs prior year
Spent
$4.9M
To programs
85%
Net assets
$832K
By yearFY2020–FY2024
Revenue
$4.8M
FY2023▼ -11%
Revenue by fiscal year
FY2020$3.5M
FY2021$3.9M
FY2022$5.4M
FY2023$4.8M
FY2024$5.2M
FY2024$7.1M
Expenses
$4.9M
FY2023▼ -3%
Expenses by fiscal year
FY2020$3.3M
FY2021$3.9M
FY2022$5.0M
FY2023$4.9M
FY2024$5.3M
FY2024$6.4M
Net assets
$832K
FY2023▼ -11%
Net assets by fiscal year
FY2020$718K
FY2021$687K
FY2022$940K
FY2023$832K
FY2024$687K
FY2024$1.1M

From the FY2023 Form 990 (year ending August 2023) · figures checked against the IRS filing · see the original

You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Revoked Jan 2019, reinstated. IRS ruling Oct 2021, per the IRS master file. Latest filing on record: FY2024. IRS ruling in Oct 2021.

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

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $4.1M Management & general 15% · $725K

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

8 people listed on the 990; $366K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Secretary
$128,155Pt VII · Sec A
$118,856Pt VII · Sec A
Vice President
$118,856Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Marina Finks’s $131K as Treasurer is at the 63rd percentile of top reported officer pay among 3868 $1–10M 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.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Marina Finks$131,461$128,960$128,155$111,660$114,804$90,500
Liana Aidinova$115,462$117,435$118,856$124,934$127,944$118,000
Salbi Aidinova$115,462$117,435$118,856$125,387$127,944$118,000
Jaklen Keshishyan$110,982$97,731————

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
  • Loans to or from officersSch L · Pt II4 listed

Programs and updates

Helps people with developmental disabilities live fulfilling lives like everyone else.

Provided by the organization

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1 program service account for $4.1M of program spending, described in the organization's own filed words · FY2022.
01

Creative minds services are individually designed around each individiualis personal, vocational, community membership and self advocacy goals. Services and supports are provided both at our van nuys location and in the community to assist young adults transitioning out of high school to obtaiin necessary skills to transition into adult…

$4.1Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$20K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$4.8M
Ln 12
Gifts and grantsLn 1h$4.7M
Investment incomeLn 3$22K
Other incomeLn 4–11$7K
Money outPt IX
$4.9M
Ln 25
Programscol B$4.1M
Managementcol C$725K
Owns and owesPt X
$832K
net assets · Ln 32
Cash and savingsLn 1–2$258K
Total assetsLn 16$991K
LiabilitiesLn 26$158K
PeoplePt VI, VII
8
listed · VII A
PaidVII A3
Voting boardVI 1a8
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.7M
Fees for servicesLn 2g$7K
Investment incomeLn 3$22K
Other incomeLn 4–11$7K
Gains on assetsLn 7$22K
Total revenueLn 12$4.8M
Assets in detailPt X, end of year
CashLn 1$258K
SavingsLn 2$0
Cash and savings togetherLn 1–2$258K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$227K
Other assetsLn 15$10K
Total assetsLn 16$991K
LiabilitiesLn 26$158K
Net assetsLn 32$832K
OperationsPt I, VI
EmployeesI 5286
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$497K$258K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$209K$227K
Total assetsLn 16$1.2M$991K
LiabilitiesLn 26$228K$158K
Net assetsLn 32$940K$832K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$366K$311K$55K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$3.0M$2.6M$454K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$324K$276K$49K
Payroll taxesLn 10$275K$233K$41K
Management feesLn 11a$0
Legal feesLn 11b$5K$3K$1K
Accounting feesLn 11c$22K$16K$5K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$25K$21K$4K
Advertising and promotionLn 12$4K$1K$3K
Office expensesLn 13$16K$4K$12K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$134K$114K$20K
TravelLn 17$8K$8K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$1K$1K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$230K$196K$35K
Other expenses (24a–d)Ln 24$367K$331K$36K
All other expensesLn 24e$65K$62K$3K
Total functional expensesLn 25$4.9M$4.1M$725K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $5.2M$5.3M−$145K$687K 990 PDF
FY2023 Viewing $4.8M$4.9M−$106K$832K 990 PDF
FY2022 $5.4M$5.0M$359K$940K 990 PDF
FY2021 $3.9M$3.9M−$32K$687K 990 PDF
FY2020 $3.5M$3.3M$271K$718K 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 FY2023 990 (4 parts)
Part VIII · Statement of revenue $4,763,781 across 9 lines filed
Lines not itemized here account for $7,020 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$4,727,234
VIII-1h Total contributions, gifts and grants$4,727,234
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsRelated to mission $22,050$22,050
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $7,477$7,477
VIII-12 Total revenueRelated to mission $36,547$4,763,781
Part IX · Statement of functional expenses $4,869,591 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $310,988 · Management $54,879$365,867
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $2,575,073 · Management $454,425$3,029,498
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $275,512 · Management $48,620$324,132
IX-10 Payroll taxesPrograms $233,498 · Management $41,205$274,703
IX-11a Management fees$0
IX-11b Legal feesPrograms $3,436 · Management $1,146$4,582
IX-11c Accounting feesPrograms $16,312 · Management $5,438$21,750
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $21,253 · Management $3,750$25,003
IX-12 Advertising and promotionPrograms $1,026 · Management $3,078$4,104
IX-13 Office expensesPrograms $3,877 · Management $11,637$15,514
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $113,900 · Management $20,100$134,000
IX-17 TravelManagement $7,623$7,623
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestPrograms $1,000$1,000
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsurancePrograms $195,571 · Management $34,512$230,083
IX-24 Other expenses (24a–d)Programs $330,969 · Management $35,552$366,521
IX-24e All other expensesPrograms $61,842 · Management $3,369$65,211
IX-25 Total functional expensesPrograms $4,144,257 · Management $725,334 · Fundraising $0$4,869,591
Part X · Balance sheet $990,595 assets, 19 lines filed
Asset lines not itemized here account for $6,734; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $497,355$257,971
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $434,507$488,847
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $738$252
X-10c Land, buildings and equipment, netStart of year $208,691$226,791
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $10,000$10,000
X-16 Total assetsStart of year $1,168,510$990,595
X-17 Accounts payable and accrued expensesStart of year $228,475$115,096
X-25 Other liabilities$1
X-26 Total liabilitiesStart of year $228,475$158,496
X-27 Net assets without donor restrictionsStart of year $940,035$832,099
X-32 Total net assets or fund balancesStart of year $940,035$832,099
X-33 Total liabilities and net assetsStart of year $1,168,510$990,595
Part XI · Reconciliation of net assets $832,099 net assets at year end
XI-1 Total revenue$4,763,781
XI-2 Total expenses$4,869,591
XI-3 Revenue less expenses−$105,810
XI-4 Net assets at start of year$940,035
XI-8 Prior period adjustments−$2,126
XI-10 Net assets at end of year$832,099

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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