Creators Place LLC EIN 86-2664002

Creators Place LLC

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Trains long-term unemployed individuals for jobs in the Pine Point Area. For fiscal year 2025 it reported $159K in revenue, $0 in expenses, and $133K in net assets.Pt I

Founded
2021
Type
Public charity (501(c)(3)) · Crime & Legal
Location
Ponsford, MN
Website
www.creatorsplace.org
Filings
4 on file (2022–2025)
Revenue
$159KFY2025
Expenses
$0
Net assets
$133K
People
7
Filings
4
Updates
0
More identity details & actions ⌄
EIN  86-2664002 Public charity (501(c)(3)) Ponsford, MN Founded 2021
Form 990 (PDF)
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Size
$100K–1M
What they do
Trains long-term unemployed individuals for jobs in the Pine Point Area.
Leadership
Jean Kruft · Board Chair · $12K
Money in and out
$159K revenue, $0 expenses
Bottom line
+100% surplus margin
Where the money goes · FY2025
Total revenue
$159K
Pt VIII · Ln 12
Total expenses
$0
Pt IX · Ln 25
Net assets
$133K
Pt X · Ln 32
Surplus margin
+100%
revenue over expenses, this year0% vs prior filing year
Donor-funded
82%
of revenue is gifts & grants▲ +56% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$159K
FY2025▲ +234%
Expenses
$0
FY2025
Total assets
$133K
FY2025
Total liabilities
$0
FY2025
Total revenue
$159K
Pt VIII · Ln 12
Total expenses
$0
Pt IX · Ln 25
Net assets
$133K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$159K
Total assetsPt X · Ln 16$133K
Program-expense ratioPt IX · col B
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

1 program service account for $121K of program spending, described in the organization's own filed words · FY2025.
01

In 2025 we employed 47 people of the Pine Point Area. While some only stayed a short while, the majority received specific skill training, general job skills, support in obtaining a driver's license, GED and job training in the areas of food safety, woodworking, power tool operation, marketing, laser operation, accounting, administrative…

$121Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCreators Place LLC
EINHdr · item D86-2664002
Principal addressHdr · item CPonsford, MN
WebsiteHdr · item Jwww.creatorsplace.org
Year of formationHdr · item L2021
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCrime & Legal (I40)
Ruling yearIRS BMFSep 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
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 Chair
$12,000Pt VII · Sec A
Board Member
$1,000Pt VII · Sec A
Treasurer
$1,000Pt VII · Sec A
Board Member
$1,000Pt VII · Sec A
Board Member
$600Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Secretary
$0Pt VII · Sec A

Jean Kruft’s $12K as Board Chair is at the 4th percentile of top reported officer pay among 1398 $100K–1M crime & legal 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 · 6 named individuals · Part VII

NameFY2025FY2024
Jean Kruft$12,000
Amy Thompson$10,941
Pam Fairbanks$1,000
Peter Ellis$1,000
Evelyn Bellager$1,000
Trulo Adams$600

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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Statement of Revenue

Part VIII
Contributions & grants$130K · 82%
Program service revenue$26K · 17%
Other revenue$2K · 1%
Contributions & grants82%$130K
Program service revenue17%$26K
Other revenue1%$2K
Total revenueLn 12$159K

Balance Sheet

Part X · end of year
CashLn 1$83K
Total assetsLn 16$133K
Total liabilitiesLn 26$0
Total net assetsLn 32$133K

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $83K · Operating expenses/yr $0
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $0 · Total expenses $0
Management & General
Management & general $0 · Total expenses $0
Fundraising
Fundraising $0 · Total expenses $0
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $78K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $130K · Total revenue $159K
82%
Government reliance
Government grants — · Total revenue $159K
Earned-income share
Program service revenue $26K · Total revenue $159K
17%
Investment reliance
Investment income $0 · Total revenue $159K
0%
Program self-sufficiency
Program service revenue $26K · Total expenses $0
Growth & trend
Revenue growth (YoY)
This year $159K · Prior year $48K
+234%
Net-asset trend (YoY)
End of year $133K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $159K · Expenses $0
+100%
Liabilities-to-Assets
Total liabilities — · Total assets $133K
Net-asset ratio
Net assets $133K · Total assets $133K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $133K
0%
People & payroll
Highest Reported Total Compensation
Individual Jean Kruft · Reported title Board Chair · Highest reported compensation $12K · Total expenses $0
Total expenses not reported — showing dollar figure only
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $0
Peer comparison

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

MetricThis orgPeer medianPercentile
Revenue growth 234%

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 · FY2024
Total grants receivedfrom 1 funder$14K

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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)$159K revenue · viewing · ⤓ 990 PDF
FY2024$48K revenue · ⤓ 990 PDF
FY2023$58K revenue · ⤓ 990 PDF
FY2022$28K 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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