Creative Haverhill Inc
Creative Haverhill Inc: Consistent Growth, Modest Program Spending
EIN: 222539427 · Haverhill, MA · Updated: 2026-04-04
Is Creative Haverhill Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Creative Haverhill Inc directs 50% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Creative Haverhill Inc
Creative Haverhill Inc (EIN: 222539427) is a nonprofit organization based in Haverhill, MA. The organization reported total revenue of $232K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Creative Haverhill 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 Haverhill Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 30%
- programs: 50%
- fundraising: 20%
According to IRS 990 filings, Creative Haverhill Inc allocates its expenses as follows: admin: 30%, programs: 50%, fundraising: 20%. Approximately 50% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, suggesting it is below the Form 990 reporting threshold of $150,000 for any individual, indicating a lean administrative structure.
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 Haverhill Inc's IRS 990 filings:
- Program spending (50%) is lower than ideal for a nonprofit, with a significant portion allocated to administrative and fundraising costs.
Strengths
The following positive indicators were identified for Creative Haverhill Inc:
- Consistent asset growth from $69,867 in 2015 to $1,432,803 in 2023, indicating strong financial management and donor confidence.
- Zero liabilities reported across all available years, demonstrating excellent financial health and risk management.
- Revenue has shown resilience and growth, with a notable increase from $117,102 in 2015 to $231,938 in 2023.
Frequently Asked Questions about Creative Haverhill Inc
Is Creative Haverhill Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Creative Haverhill Inc (EIN: 222539427) some concerns. Mission Score: 75/100. 1 red flag identified, 3 strengths noted.
How does Creative Haverhill Inc spend its money?
Creative Haverhill Inc directs 50% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Creative Haverhill Inc tax-deductible?
Creative Haverhill Inc is registered as a tax-exempt nonprofit (EIN: 222539427). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Creative Haverhill Inc do?
Creative Haverhill Inc is a nonprofit organization in the Unknown sector, located in Haverhill, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does Creative Haverhill Inc have?
Creative Haverhill Inc reported total revenue of $231,938. Based on 12 IRS 990 filings on record.
What are Creative Haverhill Inc's total assets?
Creative Haverhill Inc holds total assets of $1,432,803 as reported in IRS 990 filings.
Where is Creative Haverhill Inc located?
Creative Haverhill Inc is based in Haverhill, Massachusetts.
What is Creative Haverhill Inc's EIN?
Creative Haverhill Inc's Employer Identification Number (EIN) is 222539427. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Creative Haverhill Inc?
Creative Haverhill Inc is classified under NTEE code Unknown (Unknown).
Is Creative Haverhill Inc a registered 501(c)(3)?
Creative Haverhill Inc appears in IRS records (EIN: 222539427). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Creative Haverhill Inc file IRS Form 990?
Yes, Creative Haverhill Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Creative Haverhill Inc's revenue in 2023?
In the 202306 filing period, Creative Haverhill Inc reported total revenue of $319,174, total expenses of $98,272, and net assets of $1,364,693.
Is Creative Haverhill Inc's revenue growing or declining?
Creative Haverhill Inc's revenue is declining. Revenue went from $398,446 (202206) to $319,174 (202306), a -19.9% change. Based on 12 filings on record.
What is Creative Haverhill Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Creative Haverhill Inc covers tax period 202306. It shows revenue of $319,174, expenses of $98,272, total assets of $1,364,693, and liabilities of N/A.
How much does Creative Haverhill Inc spend on programs vs administration?
Based on IRS 990 analysis, Creative Haverhill Inc allocates approximately 50% of expenses to program services, 30% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is Creative Haverhill Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Creative Haverhill Inc appears trustworthy. Mission Score: 75/100 (Good). 1 red flag identified. 3 strengths noted.
What are the red flags for Creative Haverhill Inc?
The following concerns were identified: Program spending (50%) is lower than ideal for a nonprofit, with a significant portion allocated to administrative and fundraising costs.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Creative Haverhill Inc's strengths?
Positive indicators for Creative Haverhill Inc include: Consistent asset growth from $69,867 in 2015 to $1,432,803 in 2023, indicating strong financial management and donor confidence.. Zero liabilities reported across all available years, demonstrating excellent financial health and risk management.. Revenue has shown resilience and growth, with a notable increase from $117,102 in 2015 to $231,938 in 2023.. These findings are derived from AI analysis of the organization's financial filings.
How does Creative Haverhill Inc compensate executives?
Executive compensation is not reported in the provided data, suggesting it is below the Form 990 reporting threshold of $150,000 for any individual, indicating a lean administrative structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent asset growth and zero liabilities, what strategies are in place to increase the percentage of spending directly on programs?
While assets have grown significantly, the spending breakdown suggests a need to re-evaluate resource allocation to maximize direct program impact. This could involve targeted fundraising for specific program expansion or operational efficiencies.
How does Creative Haverhill Inc. plan to leverage its substantial asset base to further its mission in the community?
The substantial asset base of $1,432,803 presents an opportunity for strategic investments in new programs, endowment growth, or capital projects that directly benefit the Haverhill community and align with their mission.
Filing History
IRS 990 filing history for Creative Haverhill Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Creative Haverhill Inc's revenue has grown by 107.9%, moving from $154K to $319K. Total assets increased by 1761.2% over the same period, from $73K to $1.4M. Total functional expenses fell by 25.8%, from $132K to $98K. In its most recent filing year (2023), Creative Haverhill Inc reported a surplus of $221K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $319K | $98K | $1.4M | $0 | — | — |
| 2022 | $398K | $138K | $1.1M | $0 | — | View 990 |
| 2021 | $145K | $88K | $879K | $0 | — | View 990 |
| 2020 | $160K | $84K | $823K | $0 | — | View 990 |
| 2019 | $202K | $89K | $746K | $0 | — | View 990 |
| 2018 | $272K | $63K | $634K | $0 | — | View 990 |
| 2017 | $362K | $159K | $304K | $0 | — | View 990 |
| 2015 | $117K | $63K | $70K | $0 | — | View 990 |
| 2014 | $62K | $83K | $20K | $2K | — | View 990 |
| 2013 | $124K | $129K | $39K | $0 | — | View 990 |
| 2012 | $234K | $262K | $45K | $0 | — | View 990 |
| 2011 | $154K | $132K | $73K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $319K, expenses of $98K, and assets of $1.4M (revenue -19.9% year-over-year).
- 2022: Revenue of $398K, expenses of $138K, and assets of $1.1M (revenue +175.6% year-over-year).
- 2021: Revenue of $145K, expenses of $88K, and assets of $879K (revenue -9.9% year-over-year).
- 2020: Revenue of $160K, expenses of $84K, and assets of $823K (revenue -20.5% year-over-year).
- 2019: Revenue of $202K, expenses of $89K, and assets of $746K (revenue -25.9% year-over-year).
- 2018: Revenue of $272K, expenses of $63K, and assets of $634K (revenue -24.7% year-over-year).
- 2017: Revenue of $362K, expenses of $159K, and assets of $304K (revenue +208.8% year-over-year).
- 2015: Revenue of $117K, expenses of $63K, and assets of $70K (revenue +89.0% year-over-year).
- 2014: Revenue of $62K, expenses of $83K, and assets of $20K (revenue -49.9% year-over-year).
- 2013: Revenue of $124K, expenses of $129K, and assets of $39K (revenue -47.1% year-over-year).
- 2012: Revenue of $234K, expenses of $262K, and assets of $45K (revenue +52.4% year-over-year).
- 2011: Revenue of $154K, expenses of $132K, and assets of $73K.
Data Sources and Methodology
This transparency report for Creative Haverhill 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.