Creative Million INC EIN 83-2573369

Creative Million INC

EIN  83-2573369 Public foundation / grantmaker Manhasset, NY Founded 2019
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
a public foundation
Leadership
Neelam Chibber · Board Member
Money in and out
$0 revenue, $204K expenses
Bottom line
100% program efficiency

Creative Million INC is a public foundation based in Manhasset, NY, formed in 2019. For fiscal year 2025 it reported $0 in revenue, $204K in expenses, and $653K in net assets.Pt I

Grants paid & assets · FY2025
Total revenue
$0
Pt VIII · Ln 12
Total expenses
$204K
Pt IX · Ln 25
Net assets
$653K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$204K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
38.4mo
months of highly liquid reserves at operating expense rate▲ +28% vs prior filing year
Goes to people
6%
of spending is salaries & benefits▼ -70% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$0
FY2025▼ -100%
Expenses
$204K
FY2025▼ -42%
Total assets
$653K
FY2025▼ -26%
Total liabilities
$0
FY2025▼ -100%
Total revenue
$0
Pt VIII · Ln 12
Total expenses
$204K
Pt IX · Ln 25
Net assets
$653K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$204K
Total assetsPt X · Ln 16$653K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 42
Mission & Programs · Part III

Where the work happens

1 program service account for $204K of program spending, described in the organization's own filed words · FY2025.
01

Assist economic development of women and adolescent girls in india and connecting them to markets

$204Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCreative Million INC
EINHdr · item D83-2573369
Principal addressHdr · item CManhasset, NY
WebsiteHdr · item Jwww.creative-million.org
Year of formationHdr · item L2019
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFSep 2024

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$204K
Total functional expensesLn 25$204K

Balance Sheet

Part X · end of year
CashLn 1$27K
Total assetsLn 16$653K
Total liabilitiesLn 26$0
Total net assetsLn 32$653K
Months of cash on handcomputed1.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $653K · Operating expenses/yr $204K
38.4 months
Where the money goes
Program services
Program services $204K · Total expenses $204K
100%
Management & General
Management & general $0 · Total expenses $204K
0%
Fundraising
Fundraising $0 · Total expenses $204K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $475K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $0
Government reliance
Government grants — · Total revenue $0
Earned-income share
Program service revenue $0 · Total revenue $0
Investment reliance
Investment income $0 · Total revenue $0
Program self-sufficiency
Program service revenue $0 · Total expenses $204K
0%
Growth & trend
Revenue growth (YoY)
This year $0 · Prior year $950K
-100%
Net-asset trend (YoY)
End of year $653K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $0 · Expenses $204K
Liabilities-to-Assets
Total liabilities — · Total assets $653K
Net-asset ratio
Net assets $653K · Total assets $653K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $625K · Total assets (Pt X, ln 16) $653K
96%
People & payroll
Highest Reported Total Compensation
Individual Neelam Chibber · Reported title BOARD MEMBER · Highest reported compensation $0 · Total expenses $204K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $11K · Total expenses $204K
6%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Revenue growth -100%

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 · FY2022
Total grants receivedfrom 1 funder$5K

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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)$0 revenue · viewing · ⤓ 990 PDF
FY2024$950K revenue · ⤓ 990 PDF
FY2023not on file
FY2022not on file
FY2021not on file
FY2020$23K 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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