Creative Lifestyles Inc
Creative Lifestyles Inc. shows consistent revenue growth and positive net assets with no reported officer compensation.
EIN: 113151481 · Bronx, NY · NTEE: P820 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.4M |
| Total Expenses | $10.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $8 |
| Net Assets | $1.2M |
| Transparency Score | 85/100 |
Is Creative Lifestyles Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Creative Lifestyles Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Creative Lifestyles Inc
Creative Lifestyles Inc (EIN: 113151481) is a nonprofit organization based in Bronx, NY, classified under NTEE code P820. The organization reported total revenue of $8.4M and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Creative Lifestyles Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Creative Lifestyles Inc is a mid-size nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.1M |
| Total Expenses | $10.6M |
| Surplus / Deficit | +$460K |
| Total Assets | $3.8M |
| Total Liabilities | $2.7M |
| Net Assets | $1.2M |
| Operating Margin | 4.2% |
| Debt-to-Asset Ratio | 69.5% |
| Months of Reserves | 4.3 months |
Financial Health Grade: A
In 2023, Creative Lifestyles Inc reported a surplus of $460K with revenue exceeding expenses, holds 4.3 months of operating reserves (adequate), has a debt-to-asset ratio of 69.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Creative Lifestyles Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.0% | +0.7% | +89.1% |
| 2022 | +1.2% | +21.7% | -28.8% |
| 2021 | +10.0% | +10.5% | -4.6% |
| 2020 | +4.7% | +2.7% | +132.2% |
| 2019 | +4.3% | -8.4% | +21.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Creative Lifestyles 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 Lifestyles 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $460K, with revenue exceeding expenses.
- Debt-to-asset ratio: 69.5%.
Executive Compensation Analysis
Creative Lifestyles Inc. consistently reports 0% officer compensation across all available IRS 990 filings, which is highly unusual for an organization with annual revenues exceeding $8 million. This suggests either a fully volunteer executive leadership or compensation structured in a way that is not reported as 'officer compensation' on the 990.
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 Lifestyles Inc's IRS 990 filings:
- Consistent 0% officer compensation for an organization with over $8M in revenue, which warrants further clarification on executive remuneration practices.
Strengths
The following positive indicators were identified for Creative Lifestyles Inc:
- Consistent revenue growth over the past decade, from $7.18M in 2014 to $11.06M in 2023.
- Strong asset growth, reaching $3.83M in 2023.
- Positive net assets in most recent years, indicating financial health.
- Consistent filing of IRS Form 990s, demonstrating transparency and compliance.
Frequently Asked Questions about Creative Lifestyles Inc
Is Creative Lifestyles Inc a legitimate charity?
Creative Lifestyles Inc (EIN: 113151481) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $8.4M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Creative Lifestyles Inc spend its money?
Creative Lifestyles Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Creative Lifestyles Inc tax-deductible?
Creative Lifestyles Inc is registered as a tax-exempt nonprofit (EIN: 113151481). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Creative Lifestyles Inc CEO make?
Creative Lifestyles Inc's highest-compensated officer earns $8 annually. The organization reported $8.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Creative Lifestyles Inc's spending goes to programs?
Creative Lifestyles Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Creative Lifestyles Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Creative Lifestyles Inc is above average for NTEE category P820 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Creative Lifestyles Inc located?
Creative Lifestyles Inc is headquartered in Bronx, New York and files with the IRS under EIN 113151481. It is classified under NTEE code P820.
How many years of IRS 990 filings does Creative Lifestyles Inc have?
Creative Lifestyles Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $8.4M in total revenue.
Is Creative Lifestyles Inc. a good charity?
Based on the available financial data, Creative Lifestyles Inc. appears to be a well-managed charity with consistent revenue growth and a strong program focus. The absence of reported officer compensation is a notable point, suggesting either volunteer leadership or alternative compensation structures.
How has Creative Lifestyles Inc.'s revenue trended over the last decade?
Creative Lifestyles Inc. has shown consistent revenue growth over the last decade, increasing from $7,179,106 in 2014 to $11,055,547 in 2023, indicating a growing capacity to fund its mission.
What is the organization's financial stability?
The organization demonstrates reasonable financial stability, with assets growing to $3,833,973 by 2023 and generally maintaining positive net assets. While there were periods of expenses exceeding revenue (e.g., 2022 and 2018), the overall trend shows a healthy financial position.
Why is officer compensation reported as 0%?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization of this size. It could indicate that executive leadership is entirely volunteer-based, or that compensation is structured and reported under different categories within the IRS 990, which would require further investigation to fully understand.
Filing History
IRS 990 filing history for Creative Lifestyles Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Creative Lifestyles Inc's revenue has grown by 38.8%, moving from $8.0M to $11.1M. Total assets increased by 40.9% over the same period, from $2.7M to $3.8M. Total functional expenses rose by 32.5%, from $8.0M to $10.6M. In its most recent filing year (2023), Creative Lifestyles Inc reported a surplus of $460K, with revenue exceeding expenses. The organization holds $2.7M in liabilities against $3.8M in assets (debt-to-asset ratio: 69.5%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11.1M | $10.6M | $3.8M | $2.7M | — | View 990 |
| 2022 | $9.6M | $10.5M | $2.0M | $1.3M | — | View 990 |
| 2021 | $9.5M | $8.6M | $2.8M | $1.2M | — | View 990 |
| 2020 | $8.6M | $7.8M | $3.0M | $2.2M | — | View 990 |
| 2019 | $8.2M | $7.6M | $1.3M | $1.3M | — | View 990 |
| 2018 | $7.9M | $8.3M | $1.1M | $1.7M | — | View 990 |
| 2017 | $7.6M | $8.2M | $1.3M | $1.4M | — | View 990 |
| 2016 | $8.0M | $7.9M | $1.7M | $1.2M | — | View 990 |
| 2015 | $7.9M | $7.5M | $1.8M | $1.4M | — | View 990 |
| 2014 | $7.2M | $7.3M | $1.9M | $2.0M | — | View 990 |
| 2013 | $7.3M | $7.4M | $2.1M | $2.0M | — | View 990 |
| 2012 | $7.5M | $7.6M | $2.4M | $2.3M | — | View 990 |
| 2011 | $8.0M | $8.0M | $2.7M | $2.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.1M, expenses of $10.6M, and assets of $3.8M (revenue +15.0% year-over-year).
- 2022: Revenue of $9.6M, expenses of $10.5M, and assets of $2.0M (revenue +1.2% year-over-year).
- 2021: Revenue of $9.5M, expenses of $8.6M, and assets of $2.8M (revenue +10.0% year-over-year).
- 2020: Revenue of $8.6M, expenses of $7.8M, and assets of $3.0M (revenue +4.7% year-over-year).
- 2019: Revenue of $8.2M, expenses of $7.6M, and assets of $1.3M (revenue +4.3% year-over-year).
- 2018: Revenue of $7.9M, expenses of $8.3M, and assets of $1.1M (revenue +4.6% year-over-year).
- 2017: Revenue of $7.6M, expenses of $8.2M, and assets of $1.3M (revenue -5.4% year-over-year).
- 2016: Revenue of $8.0M, expenses of $7.9M, and assets of $1.7M (revenue +1.1% year-over-year).
- 2015: Revenue of $7.9M, expenses of $7.5M, and assets of $1.8M (revenue +10.0% year-over-year).
- 2014: Revenue of $7.2M, expenses of $7.3M, and assets of $1.9M (revenue -2.0% year-over-year).
- 2013: Revenue of $7.3M, expenses of $7.4M, and assets of $2.1M (revenue -2.4% year-over-year).
- 2012: Revenue of $7.5M, expenses of $7.6M, and assets of $2.4M (revenue -5.7% year-over-year).
- 2011: Revenue of $8.0M, expenses of $8.0M, and assets of $2.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Creative Lifestyles Inc:
Data Sources and Methodology
This transparency report for Creative Lifestyles 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.