Create Foundation INC EIN 35-1932511

Create Foundation INC

EIN  35-1932511 Supporting organization Batesville, IN
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Improves local schools' technology with new equipment and training.
Leadership
Money in and out
$124K revenue, $1K expenses
Bottom line
+99% net inflow

Improves local schools' technology with new equipment and training. For fiscal year 2025 it reported $124K in revenue, $1K in expenses, and $1.4M in net assets.Pt I

Money in and out · FY2025
Total revenue
$124K
Pt VIII · Ln 12
Total expenses
$1K
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $123K
Where spending went · Part IX cols B–D
Management & general $1.00
Net inflow
+99%
revenue over expenses, this year▲ +176% vs prior filing year
Pass-through gifts
0%
of revenue from contributions▼ -100% vs prior filing year
Program spending
0%
of expenses reach stated programs▼ -100% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$124K
FY2025▲ +85%
Expenses
$1K
FY2025▼ -97%
Total assets
$1.4M
FY2025▲ +9%
Total liabilities
$0
FY2025
Total revenue
$124K
Pt VIII · Ln 12
Total expenses
$1K
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$123K
Total assetsPt X · Ln 16$1.4M
Program-expense ratioPt IX · col B0%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2024.
01

Disbursement are made to upgrade and/or maintain computer technology hardware and cirriculum for schools in the Batesville Community School Corporation, St. Louis School and Oldenburg Academy.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCreate Foundation INC
EINHdr · item D35-1932511
Principal addressHdr · item CBatesville, IN
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30Z)
Ruling yearIRS BMFFeb 1995

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
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 · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
V Pres
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Investment income100%$124K
Contributions & grants$50
Total revenueLn 12$124K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Management & general $1.00
Management & general100%$1K
Total functional expensesLn 25$1K

Balance Sheet

Part X · end of year
CashLn 1$36K
Total assetsLn 16$1.4M
Total liabilitiesLn 26$0
Total net assetsLn 32$1.4M
Months of cash on handcomputed366.8

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $36K · Operating expenses/yr $1K
366.8 months
Where the money goes
Program services
Program services $0 · Total expenses $1K
0%
Management & General
Management & general $1K · Total expenses $1K
100%
Fundraising
Fundraising $0 · Total expenses $1K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $17K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $50 · Total revenue $124K
0%
Government reliance
Government grants — · Total revenue $124K
Earned-income share
Program service revenue $0 · Total revenue $124K
0%
Investment reliance
Investment income $124K · Total revenue $124K
+100%
Program self-sufficiency
Program service revenue $0 · Total expenses $1K
0%
Growth & trend
Revenue growth (YoY)
This year $124K · Prior year $67K
+85%
Revenue CAGR
FY2020 $53K · FY2024 $124K
+24%
Net-asset trend (YoY)
End of year $1.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $124K · Expenses $1K
+99%
Liabilities-to-Assets
Total liabilities — · Total assets $1.4M
Net-asset ratio
Net assets $1.4M · Total assets $1.4M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.4M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual George Junker II · Reported title Pres · Highest reported compensation $0 · Total expenses $1K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $1K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Overhead ratio 100%
Fundraising cost ratio 0%
Revenue growth 85%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 88%

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 · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$10K
Grants paid · 1 grant · $40K · 2023–2023
Batesville Community School CorpFY2023$40,208

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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
FY2025 (Latest)$124K revenue · viewing · ⤓ 990 PDF
FY2024$67K revenue · ⤓ 990 PDF
FY2023$85K revenue · ⤓ 990 PDF
FY2022$98K revenue · ⤓ 990 PDF
FY2021$53K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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