Creative World INC EIN 95-4351317

Creative World INC

EIN  95-4351317 Public charity (501(c)(3)) Van Nuys, CA
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
a nonprofit
Leadership
Jaime Troncone Lomeli · Board Member/Program Director · $85K
Money in and out
$358K revenue, $358K expenses
Bottom line
88% program efficiency

Creative World INC is a nonprofit based in Van Nuys, CA. For fiscal year 2025 it reported $358K in revenue, $358K in expenses, and $1K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$358K
Pt VIII · Ln 12
Total expenses
$358K
Pt IX · Ln 25
Net assets
$1K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $0
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.12
Program efficiency
88%
of spending reaches programs▲ +1% vs prior filing year
Operating runway
6.7mo
months of highly liquid reserves at operating expense rate▲ +6% vs prior filing year
Surplus margin
0%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$358K
FY2025▼ -3%
Expenses
$358K
FY2025▼ -3%
Total assets
$200K
FY2025▲ +8%
Total liabilities
$199K
FY2025▲ +8%
Total revenue
$358K
Pt VIII · Ln 12
Total expenses
$358K
Pt IX · Ln 25
Net assets
$1K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$0
Total assetsPt X · Ln 16$200K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $315K of program spending, described in the organization's own filed words · FY2024.
01

General child care and development program is funded by federal and state funds. Creative world, inc. Provides a quality education by developing the childrens perception, thinking, and language skills in a group setting and allowing recreational interaction between children with supervised play activities.

$315Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCreative World INC
EINHdr · item D95-4351317
Principal addressHdr · item CVan Nuys, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFMar 1994

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
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 · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Board Member/Program Director
$85,440Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022
Jaime Troncone Lomeli$85,440$85,440$56,960$85,440

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 & grants100%$358K
— government grantsLn 1e$315K
Total revenueLn 12$358K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.12
Program services88%$315K
Management & general12%$42K
Total functional expensesLn 25$358K

Balance Sheet

Part X · end of year
CashLn 1$200K
Total assetsLn 16$200K
Total liabilitiesLn 26$199K
Total net assetsLn 32$1K
Months of cash on handcomputed6.7

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $200K · Operating expenses/yr $358K
6.7 months
Where the money goes
Program services
Program services $315K · Total expenses $358K
88%
Management & General
Management & general $42K · Total expenses $358K
12%
Fundraising
Fundraising $0 · Total expenses $358K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $58K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $358K · Total revenue $358K
100%
Government reliance
Government grants $315K · Total revenue $358K
88%
Earned-income share
Program service revenue $0 · Total revenue $358K
0%
Investment reliance
Investment income $0 · Total revenue $358K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $358K
0%
Growth & trend
Revenue growth (YoY)
This year $358K · Prior year $369K
-3%
Revenue CAGR
FY2020 $301K · FY2024 $358K
+4%
Net-asset trend (YoY)
End of year $1K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $358K · Expenses $358K
0%
Liabilities-to-Assets
Total liabilities — · Total assets $200K
Net-asset ratio
Net assets $1K · Total assets $200K
0.5%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $200K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jaime Troncone Lomeli · Reported title BOARD MEMBER/PROGRAM DIRECTOR · Highest reported compensation $85K · Total expenses $358K
24%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $243K · Total expenses $358K
68%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 12%
Fundraising cost ratio 0%
Revenue growth -3%
Accounting fee ratio 5%

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.

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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)$358K revenue · viewing · ⤓ 990 PDF
FY2024$369K revenue · ⤓ 990 PDF
FY2023$325K revenue · ⤓ 990 PDF
FY2022$316K revenue · ⤓ 990 PDF
FY2021$301K 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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