Creative Beginnings Childdevelopment Center Inc
Creative Beginnings Childdevelopment Center Inc shows fluctuating annual financial performance but maintains stable asset growth and reports no officer compensation.
EIN: 205220213 · Mt Pleasant, MI · NTEE: P33 · Updated: 2026-03-28
About Creative Beginnings Childdevelopment Center Inc
Creative Beginnings Childdevelopment Center Inc (EIN: 205220213) is a nonprofit organization based in Mt Pleasant, MI, classified under NTEE code P33. The organization reported total revenue of $980K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Creative Beginnings Childdevelopment Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Creative Beginnings Childdevelopment Center Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Creative Beginnings Childdevelopment Center Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to officers, which is highly unusual for an organization of this size and suggests either a volunteer leadership model or that compensation is reported under other categories, warranting further investigation for full transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Creative Beginnings Childdevelopment Center Inc's IRS 990 filings:
- Operational deficit in 2023 ($140,729)
- Significant year-over-year revenue volatility (e.g., $1.6M in 2022 to $801K in 2023)
Strengths
The following positive indicators were identified for Creative Beginnings Childdevelopment Center Inc:
- Consistent asset growth over the past decade (from $596,940 in 2020 to $1,020,657 in 2023)
- No reported officer compensation, indicating potential volunteer leadership or highly efficient executive cost management
- Long filing history (13 filings) demonstrating sustained operation and transparency
Frequently Asked Questions about Creative Beginnings Childdevelopment Center Inc
Is Creative Beginnings Childdevelopment Center Inc financially stable?
While the organization experienced a deficit in 2023 ($801,900 revenue vs. $942,629 expenses), its assets have consistently grown, reaching $1,020,657 in 2023, indicating overall financial stability despite year-to-year fluctuations in operational surplus/deficit.
How does Creative Beginnings Childdevelopment Center Inc manage executive compensation?
All available IRS 990 filings for Creative Beginnings Childdevelopment Center Inc report 0% officer compensation, suggesting that officers are either volunteers or their compensation is categorized differently, which is a strong indicator of low administrative overhead in this specific area.
What caused the significant revenue increase in 2022?
In 2022, the organization reported revenues of $1,607,198, a substantial increase from $994,377 in 2021 and $801,900 in 2023. The filings do not specify the exact source, but such a jump could be due to specific grants, government funding, or a successful fundraising campaign.
Filing History
IRS 990 filing history for Creative Beginnings Childdevelopment Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Creative Beginnings Childdevelopment Center Inc's revenue has grown by 27.1%, moving from $631K to $802K. Total assets increased by 68% over the same period, from $607K to $1.0M. Total functional expenses rose by 47.4%, from $639K to $943K. In its most recent filing year (2023), Creative Beginnings Childdevelopment Center Inc reported a deficit of $141K, with expenses exceeding revenue. The organization holds $520K in liabilities against $1.0M in assets (debt-to-asset ratio: 50.9%), resulting in net assets of $501K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $802K | $943K | $1.0M | $520K | — | View 990 |
| 2022 | $1.6M | $1.2M | $1.2M | $514K | — | — |
| 2021 | $994K | $917K | $689K | $482K | — | View 990 |
| 2020 | $754K | $650K | $597K | $467K | — | View 990 |
| 2019 | $883K | $979K | $516K | $514K | — | View 990 |
| 2018 | $918K | $982K | $588K | $490K | — | View 990 |
| 2017 | $1.0M | $987K | $651K | $475K | — | View 990 |
| 2016 | $967K | $945K | $613K | $476K | — | View 990 |
| 2015 | $907K | $942K | $601K | $487K | — | View 990 |
| 2014 | $903K | $881K | $657K | $508K | — | View 990 |
| 2013 | $826K | $798K | $649K | $522K | — | View 990 |
| 2012 | $754K | $765K | $538K | $516K | — | View 990 |
| 2011 | $631K | $639K | $607K | $555K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $802K, expenses of $943K, and assets of $1.0M (revenue -50.1% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.2M, and assets of $1.2M (revenue +61.6% year-over-year).
- 2021: Revenue of $994K, expenses of $917K, and assets of $689K (revenue +31.9% year-over-year).
- 2020: Revenue of $754K, expenses of $650K, and assets of $597K (revenue -14.7% year-over-year).
- 2019: Revenue of $883K, expenses of $979K, and assets of $516K (revenue -3.8% year-over-year).
- 2018: Revenue of $918K, expenses of $982K, and assets of $588K (revenue -10.5% year-over-year).
- 2017: Revenue of $1.0M, expenses of $987K, and assets of $651K (revenue +6.0% year-over-year).
- 2016: Revenue of $967K, expenses of $945K, and assets of $613K (revenue +6.7% year-over-year).
- 2015: Revenue of $907K, expenses of $942K, and assets of $601K (revenue +0.5% year-over-year).
- 2014: Revenue of $903K, expenses of $881K, and assets of $657K (revenue +9.2% year-over-year).
- 2013: Revenue of $826K, expenses of $798K, and assets of $649K (revenue +9.6% year-over-year).
- 2012: Revenue of $754K, expenses of $765K, and assets of $538K (revenue +19.4% year-over-year).
- 2011: Revenue of $631K, expenses of $639K, and assets of $607K.
Data Sources and Methodology
This transparency report for Creative Beginnings Childdevelopment Center Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.