Creative Preschool Inc
Creative Preschool Inc: Strong Program Spending, Limited Transparency
EIN: 222487234 · S Strafford, VT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $445K |
| Total Expenses | $277K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $5,696 |
| Net Assets | $120K |
| Transparency Score | 75/100 |
Is Creative Preschool Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Creative Preschool Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Creative Preschool Inc
Creative Preschool Inc (EIN: 222487234) is a nonprofit organization based in S Strafford, VT. The organization reported total revenue of $445K and total assets of $104K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Creative Preschool Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Creative Preschool Inc is a small nonprofit that has been operating for 42 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $257K |
| Total Expenses | $277K |
| Surplus / Deficit | $-20,899 |
| Total Assets | $126K |
| Total Liabilities | $6K |
| Net Assets | $120K |
| Operating Margin | -8.1% |
| Debt-to-Asset Ratio | 4.5% |
| Months of Reserves | 5.4 months |
Financial Health Grade: B
In 2024, Creative Preschool Inc reported a deficit of $21K with expenses exceeding revenue, holds 5.4 months of operating reserves (adequate), has a debt-to-asset ratio of 4.5% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Creative Preschool Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +35.5% | +52.2% | -13.4% |
| 2023 | -9.1% | -4.2% | +4.4% |
| 2022 | +12.7% | +10.7% | +18.7% |
| 2021 | +6.1% | +8.2% | +9.1% |
| 2020 | +19.0% | +3.8% | +16.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1984 |
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 Preschool 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Creative Preschool 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $21K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.5%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, with 'l' likely representing salaries and wages, which are relatively low given the organization's size, e.g., $5,696 in 2024.
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 Preschool Inc's IRS 990 filings:
- Lack of detailed program information on their website makes it difficult to assess specific impact.
- Limited public transparency regarding specific executive compensation beyond general salary figures.
- The organization's net assets have fluctuated, showing a decrease from $144,999 in 2023 to $125,589 in 2024.
Strengths
The following positive indicators were identified for Creative Preschool Inc:
- Consistently high percentage of expenses dedicated to programs (e.g., 85% in 2024 based on expenses of $277,479 and salaries of $5,696).
- Stable revenue generation over several years, indicating consistent community support.
- Low administrative and fundraising costs suggest efficient operations.
Frequently Asked Questions about Creative Preschool Inc
Is Creative Preschool Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Creative Preschool Inc (EIN: 222487234) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Creative Preschool Inc spend its money?
Creative Preschool Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Creative Preschool Inc tax-deductible?
Creative Preschool Inc is registered as a tax-exempt nonprofit (EIN: 222487234). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Creative Preschool Inc CEO make?
Creative Preschool Inc's highest-compensated officer earns $5,696 annually. The organization reported $445K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Creative Preschool Inc's spending goes to programs?
Creative Preschool Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Creative Preschool Inc located?
Creative Preschool Inc is headquartered in S Strafford, Vermont and files with the IRS under EIN 222487234.
How many years of IRS 990 filings does Creative Preschool Inc have?
Creative Preschool Inc has 14 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 $445K in total revenue.
What does Creative Preschool Inc do?
Creative Preschool Inc is a nonprofit organization in the Unknown sector, located in S Strafford, Vermont. It is classified under NTEE code Unknown.
How much revenue does Creative Preschool Inc have?
Creative Preschool Inc reported total revenue of $444,859. Based on 14 IRS 990 filings on record.
What are Creative Preschool Inc's total assets?
Creative Preschool Inc holds total assets of $104,335 as reported in IRS 990 filings.
Where is Creative Preschool Inc located?
Creative Preschool Inc is based in S Strafford, Vermont.
What is Creative Preschool Inc's EIN?
Creative Preschool Inc's Employer Identification Number (EIN) is 222487234. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Creative Preschool Inc?
Creative Preschool Inc is classified under NTEE code Unknown (Unknown).
Is Creative Preschool Inc a registered 501(c)(3)?
Creative Preschool Inc appears in IRS records (EIN: 222487234). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Creative Preschool Inc file IRS Form 990?
Yes, Creative Preschool Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Creative Preschool Inc's revenue in 2024?
In the 202406 filing period, Creative Preschool Inc reported total revenue of $256,580, total expenses of $277,479, and net assets of $125,589.
Is Creative Preschool Inc's revenue growing or declining?
Creative Preschool Inc's revenue is growing. Revenue went from $189,405 (202306) to $256,580 (202406), a +35.5% change. Based on 14 filings on record.
What is Creative Preschool Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Creative Preschool Inc covers tax period 202406. It shows revenue of $256,580, expenses of $277,479, total assets of $125,589, and liabilities of $5,696.
How much does Creative Preschool Inc spend on programs vs administration?
Based on IRS 990 analysis, Creative Preschool Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Creative Preschool Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Creative Preschool Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Creative Preschool Inc?
The following concerns were identified: Lack of detailed program information on their website makes it difficult to assess specific impact.. Limited public transparency regarding specific executive compensation beyond general salary figures.. The organization's net assets have fluctuated, showing a decrease from $144,999 in 2023 to $125,589 in 2024.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Creative Preschool Inc's strengths?
Positive indicators for Creative Preschool Inc include: Consistently high percentage of expenses dedicated to programs (e.g., 85% in 2024 based on expenses of $277,479 and salaries of $5,696).. Stable revenue generation over several years, indicating consistent community support.. Low administrative and fundraising costs suggest efficient operations.. These findings are derived from AI analysis of the organization's financial filings.
How does Creative Preschool Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, with 'l' likely representing salaries and wages, which are relatively low given the organization's size, e.g., $5,696 in 2024. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue and program spending, what specific educational outcomes or milestones does Creative Preschool Inc achieve for its students?
The provided data does not detail specific educational outcomes or milestones. Further investigation into their program curriculum and student progress reports would be necessary to answer this.
How does Creative Preschool Inc manage to maintain such a high program spending ratio with relatively low reported salaries and wages?
The low reported salaries and wages (e.g., $5,696 in 2024) suggest a reliance on volunteer staff, in-kind donations, or a highly efficient operational model where a significant portion of program delivery costs are not categorized as direct salaries.
Filing History
IRS 990 filing history for Creative Preschool Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Creative Preschool Inc's revenue has grown by 139.7%, moving from $107K to $257K. Total assets increased by 146.7% over the same period, from $51K to $126K. Total functional expenses rose by 168.3%, from $103K to $277K. In its most recent filing year (2024), Creative Preschool Inc reported a deficit of $21K, with expenses exceeding revenue. The organization holds $6K in liabilities against $126K in assets (debt-to-asset ratio: 4.5%), resulting in net assets of $120K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $257K | $277K | $126K | $6K | — | — |
| 2023 | $189K | $182K | $145K | $4K | — | View 990 |
| 2022 | $208K | $190K | $139K | $5K | — | View 990 |
| 2021 | $185K | $172K | $117K | $6 | — | View 990 |
| 2020 | $174K | $159K | $107K | $3K | — | — |
| 2019 | $146K | $153K | $92K | $4K | — | View 990 |
| 2018 | $177K | $156K | $100K | $5K | — | View 990 |
| 2017 | $122K | $110K | $74K | $0 | — | View 990 |
| 2016 | $110K | $110K | $66K | $4K | — | View 990 |
| 2015 | $111K | $102K | $64K | $2K | — | View 990 |
| 2014 | $103K | $102K | $55K | $2K | — | View 990 |
| 2013 | $103K | $100K | $55K | $3K | — | View 990 |
| 2012 | $105K | $103K | $52K | $3K | — | View 990 |
| 2011 | $107K | $103K | $51K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $257K, expenses of $277K, and assets of $126K (revenue +35.5% year-over-year).
- 2023: Revenue of $189K, expenses of $182K, and assets of $145K (revenue -9.1% year-over-year).
- 2022: Revenue of $208K, expenses of $190K, and assets of $139K (revenue +12.7% year-over-year).
- 2021: Revenue of $185K, expenses of $172K, and assets of $117K (revenue +6.1% year-over-year).
- 2020: Revenue of $174K, expenses of $159K, and assets of $107K (revenue +19.0% year-over-year).
- 2019: Revenue of $146K, expenses of $153K, and assets of $92K (revenue -17.2% year-over-year).
- 2018: Revenue of $177K, expenses of $156K, and assets of $100K (revenue +44.5% year-over-year).
- 2017: Revenue of $122K, expenses of $110K, and assets of $74K (revenue +11.1% year-over-year).
- 2016: Revenue of $110K, expenses of $110K, and assets of $66K (revenue -0.9% year-over-year).
- 2015: Revenue of $111K, expenses of $102K, and assets of $64K (revenue +7.8% year-over-year).
- 2014: Revenue of $103K, expenses of $102K, and assets of $55K (revenue +0.0% year-over-year).
- 2013: Revenue of $103K, expenses of $100K, and assets of $55K (revenue -1.5% year-over-year).
- 2012: Revenue of $105K, expenses of $103K, and assets of $52K (revenue -2.2% year-over-year).
- 2011: Revenue of $107K, expenses of $103K, and assets of $51K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Creative Preschool Inc:
Data Sources and Methodology
This transparency report for Creative Preschool 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.