Creative Lives Inc
EIN: 471544227 · Thetford, VT · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $236K |
| Total Expenses | $249K |
| Net Assets | $55K |
Is Creative Lives Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Creative Lives Inc
Creative Lives Inc (EIN: 471544227) is a nonprofit organization based in Thetford, VT, classified under NTEE code B90. The organization reported total revenue of $236K and total assets of $82K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Creative Lives Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Creative Lives Inc is a small nonprofit that has been operating for 11 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 16.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $151K |
| Total Expenses | $249K |
| Surplus / Deficit | $-97,398 |
| Total Assets | $55K |
| Net Assets | $55K |
| Operating Margin | -64.5% |
| Months of Reserves | 2.7 months |
Financial Health Grade: C
In 2023, Creative Lives Inc reported a deficit of $97K with expenses exceeding revenue, holds 2.7 months of operating reserves (limited).
Financial Trends
Over 10 years of filings (2014–2023), Creative Lives Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +50.9% | -7.0% | -63.7% |
| 2022 | -63.3% | +17.1% | -52.2% |
| 2021 | -19.5% | +0.9% | +16.3% |
| 2020 | -12.8% | -15.2% | +69.7% |
| 2019 | +92.2% | +22.8% | +304.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Creative Lives Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Creative Lives Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $97K, with expenses exceeding revenue.
Frequently Asked Questions about Creative Lives Inc
Is Creative Lives Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Creative Lives Inc (EIN: 471544227) insufficient data. 0 red flags identified, 0 strengths noted.
How does Creative Lives Inc spend its money?
Detailed spending breakdown data is not yet available for Creative Lives Inc. Check back for updated IRS 990 analysis.
Are donations to Creative Lives Inc tax-deductible?
Creative Lives Inc is registered as a tax-exempt nonprofit (EIN: 471544227). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Creative Lives Inc located?
Creative Lives Inc is headquartered in Thetford, Vermont and files with the IRS under EIN 471544227. It is classified under NTEE code B90.
How many years of IRS 990 filings does Creative Lives Inc have?
Creative Lives Inc has 10 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 $236K in total revenue.
Filing History
IRS 990 filing history for Creative Lives Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Creative Lives Inc's revenue has grown by 288.7%, moving from $39K to $151K. Total assets increased by 653.2% over the same period, from $7K to $55K. Total functional expenses rose by 688.7%, from $32K to $249K. In its most recent filing year (2023), Creative Lives Inc reported a deficit of $97K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $151K | $249K | $55K | $0 | — | View 990 |
| 2022 | $100K | $267K | $153K | $0 | — | — |
| 2021 | $273K | $228K | $320K | $0 | — | View 990 |
| 2020 | $339K | $226K | $275K | $0 | — | — |
| 2019 | $389K | $267K | $162K | $0 | — | View 990 |
| 2018 | $202K | $217K | $40K | $90 | — | View 990 |
| 2017 | $227K | $209K | $55K | $0 | — | View 990 |
| 2016 | $237K | $234K | $37K | $0 | — | View 990 |
| 2015 | $179K | $154K | $34K | $0 | — | View 990 |
| 2014 | $39K | $32K | $7K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $151K, expenses of $249K, and assets of $55K (revenue +50.9% year-over-year).
- 2022: Revenue of $100K, expenses of $267K, and assets of $153K (revenue -63.3% year-over-year).
- 2021: Revenue of $273K, expenses of $228K, and assets of $320K (revenue -19.5% year-over-year).
- 2020: Revenue of $339K, expenses of $226K, and assets of $275K (revenue -12.8% year-over-year).
- 2019: Revenue of $389K, expenses of $267K, and assets of $162K (revenue +92.2% year-over-year).
- 2018: Revenue of $202K, expenses of $217K, and assets of $40K (revenue -10.7% year-over-year).
- 2017: Revenue of $227K, expenses of $209K, and assets of $55K (revenue -4.5% year-over-year).
- 2016: Revenue of $237K, expenses of $234K, and assets of $37K (revenue +32.8% year-over-year).
- 2015: Revenue of $179K, expenses of $154K, and assets of $34K (revenue +359.8% year-over-year).
- 2014: Revenue of $39K, expenses of $32K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Creative Lives Inc:
Data Sources and Methodology
This transparency report for Creative Lives 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.