Creech Family Foundation Inc
Creech Family Foundation consistently operates with zero officer compensation and a growing asset base.
EIN: 201921959 · Lexington, KY · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $884K |
| Total Expenses | $301K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $6.7 |
| Net Assets | $6.8M |
| Transparency Score | 95/100 |
Is Creech Family Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Creech Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Creech Family Foundation Inc
Creech Family Foundation Inc (EIN: 201921959) is a nonprofit organization based in Lexington, KY, classified under NTEE code T20. The organization reported total revenue of $884K and total assets of $6.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Creech Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Creech Family Foundation Inc is a small nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $186K |
| Total Expenses | $301K |
| Surplus / Deficit | $-115,490 |
| Total Assets | $6.8M |
| Total Liabilities | $1 |
| Net Assets | $6.8M |
| Operating Margin | -62.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 270.2 months |
Financial Health Grade: B
In 2023, Creech Family Foundation Inc reported a deficit of $115K with expenses exceeding revenue, holds 270.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Creech Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -39.4% | -21.3% | +18.2% |
| 2022 | +10.2% | +12.4% | -1.3% |
| 2021 | -21.0% | +4.4% | -1.1% |
| 2020 | -49.4% | +31.2% | +0.4% |
| 2019 | +395.4% | +46.6% | +105.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Creech Family Foundation Inc with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Creech Family Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 deficit of $115K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the foundation. This is highly efficient for an organization with assets exceeding $6.7 million.
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.
Strengths
The following positive indicators were identified for Creech Family Foundation Inc:
- Consistent zero officer compensation, indicating high efficiency.
- Strong and growing asset base, from $2.7M in 2011 to $6.7M in 2023.
- Minimal liabilities reported across all filings, demonstrating low financial risk.
- Clear focus on grantmaking activities (NTEE T20).
Frequently Asked Questions about Creech Family Foundation Inc
Is Creech Family Foundation Inc a legitimate charity?
Creech Family Foundation Inc (EIN: 201921959) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 95/100. It has 10 years of IRS 990 filings on record. Total revenue: $884K. No red flags identified. 4 strengths noted. Financial health grade: B.
How does Creech Family Foundation Inc spend its money?
Creech Family Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Creech Family Foundation Inc tax-deductible?
Creech Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201921959). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Creech Family Foundation Inc CEO make?
Creech Family Foundation Inc's highest-compensated officer earns $6.7 annually. The organization reported $884K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Creech Family Foundation Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Creech Family Foundation Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Creech Family Foundation Inc located?
Creech Family Foundation Inc is headquartered in Lexington, Kentucky and files with the IRS under EIN 201921959. It is classified under NTEE code T20.
How many years of IRS 990 filings does Creech Family Foundation Inc have?
Creech Family Foundation 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 $884K in total revenue.
Is Creech Family Foundation Inc. financially stable?
Yes, the foundation is financially stable, with assets growing from $2.7 million in 2011 to $6.7 million in 2023 and minimal liabilities reported across all filings.
Does Creech Family Foundation Inc. pay its officers?
No, the IRS 990 filings consistently show 0% officer compensation, indicating that no officers receive salaries from the foundation.
How has the foundation's revenue trended?
Revenue has fluctuated over the years, with a high of $696,839 in 2019 and a low of $98,650 in 2013, but the asset base has shown consistent growth.
Filing History
IRS 990 filing history for Creech Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Creech Family Foundation Inc's revenue has grown by 14.7%, moving from $162K to $186K. Total assets increased by 147.2% over the same period, from $2.7M to $6.8M. Total functional expenses rose by 142.9%, from $124K to $301K. In its most recent filing year (2023), Creech Family Foundation Inc reported a deficit of $115K, with expenses exceeding revenue. The organization holds $1 in liabilities against $6.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $186K | $301K | $6.8M | $1 | — | View 990 |
| 2022 | $307K | $383K | $5.7M | $1 | — | View 990 |
| 2021 | $278K | $341K | $5.8M | $1 | — | View 990 |
| 2020 | $352K | $326K | $5.9M | $1 | — | View 990 |
| 2019 | $697K | $249K | $5.8M | $0 | — | View 990 |
| 2015 | $141K | $170K | $2.8M | $0 | — | View 990 |
| 2014 | $135K | $170K | $2.9M | $0 | — | View 990 |
| 2013 | $99K | $140K | $2.9M | $0 | — | View 990 |
| 2012 | $335K | $131K | $2.9M | $0 | — | View 990 |
| 2011 | $162K | $124K | $2.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $186K, expenses of $301K, and assets of $6.8M (revenue -39.4% year-over-year).
- 2022: Revenue of $307K, expenses of $383K, and assets of $5.7M (revenue +10.2% year-over-year).
- 2021: Revenue of $278K, expenses of $341K, and assets of $5.8M (revenue -21.0% year-over-year).
- 2020: Revenue of $352K, expenses of $326K, and assets of $5.9M (revenue -49.4% year-over-year).
- 2019: Revenue of $697K, expenses of $249K, and assets of $5.8M (revenue +395.4% year-over-year).
- 2015: Revenue of $141K, expenses of $170K, and assets of $2.8M (revenue +4.0% year-over-year).
- 2014: Revenue of $135K, expenses of $170K, and assets of $2.9M (revenue +37.1% year-over-year).
- 2013: Revenue of $99K, expenses of $140K, and assets of $2.9M (revenue -70.6% year-over-year).
- 2012: Revenue of $335K, expenses of $131K, and assets of $2.9M (revenue +107.2% year-over-year).
- 2011: Revenue of $162K, expenses of $124K, and assets of $2.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Creech Family Foundation Inc:
Data Sources and Methodology
This transparency report for Creech Family Foundation 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.