Civic Intelligence

Creative Education Foundation Inc.

990 • Fiscal year 2018 • EIN 16-0849832

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 15, 2019

46 Watch Hill DriveScituate, MA 02066

(508) 960-0000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

52nd percentile

0.04x

Higher debt load relative to assets than 52% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.05x

Higher debt load relative to revenue than 56% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

63rd percentile

9.2%

Higher net margin than 63% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

85th percentile

$89,350

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 12.9% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

62nd percentile

6.5%

Faster asset growth than 62% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

77th percentile

26%

Faster revenue growth than 77% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$842,848

Up $51,509 (+6.5%) from 2017

Net Assets

Up

$809,191

Up $45,796 (+6.0%) from 2017

Liabilities

Up

$33,657

Up $5,713 (+20%) from 2017

Revenue

Up

$693,952

Up $144,622 (+26%) from 2017

Expenses

Up

$629,801

Up $43,928 (+7.5%) from 2017

Net Income

Up

$64,151

Up $100,694 (+276%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2010: $342,165Liabilities 2010: $83,819Net Assets 2010: $258,3462010Assets 2011: $295,123Liabilities 2011: $184,964Net Assets 2011: $110,1592011Assets 2012: $784,063Liabilities 2012: $67,475Net Assets 2012: $716,5882012Assets 2013: $816,205Liabilities 2013: $63,740Net Assets 2013: $752,4652013Assets 2014: $879,748Liabilities 2014: $51,680Net Assets 2014: $828,0682014Assets 2015: $851,835Liabilities 2015: $52,132Net Assets 2015: $799,7032015Assets 2016: $831,212Liabilities 2016: $47,997Net Assets 2016: $783,2152016Assets 2017: $791,339Liabilities 2017: $27,944Net Assets 2017: $763,3952017Assets 2018: $842,848Liabilities 2018: $33,657Net Assets 2018: $809,1912018Assets 2019: $926,703Liabilities 2019: $49,933Net Assets 2019: $876,7702019Assets 2020: $1,061,325Liabilities 2020: $234,705Net Assets 2020: $826,6202020Assets 2021: $1,166,630Liabilities 2021: $198,808Net Assets 2021: $967,8222021Assets 2022: $1,041,075Liabilities 2022: $213,852Net Assets 2022: $827,2232022Assets 2023: $931,479Liabilities 2023: $205,464Net Assets 2023: $726,0152023Assets 2024: $808,914Liabilities 2024: $178,262Net Assets 2024: $630,6522024

Highlighted filing

2018

Assets$842,848
Liabilities$33,657
Net Assets$809,191

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $647,4072010Revenue 2011: $734,774Expenses 2011: $858,952Net Income 2011: -$124,1782011Expenses 2012: $598,5082012Revenue 2013: $613,552Expenses 2013: $580,730Net Income 2013: $32,8222013Revenue 2014: $789,117Expenses 2014: $715,910Net Income 2014: $73,2072014Revenue 2015: $643,595Expenses 2015: $677,246Net Income 2015: -$33,6512015Revenue 2016: $630,258Expenses 2016: $645,554Net Income 2016: -$15,2962016Revenue 2017: $549,330Expenses 2017: $585,873Net Income 2017: -$36,5432017Revenue 2018: $693,952Expenses 2018: $629,801Net Income 2018: $64,1512018Revenue 2019: $678,000Expenses 2019: $642,912Net Income 2019: $35,0882019Revenue 2020: $300,167Expenses 2020: $376,144Net Income 2020: -$75,9772020Revenue 2021: $547,732Expenses 2021: $411,340Net Income 2021: $136,3922021Revenue 2022: $436,878Expenses 2022: $578,979Net Income 2022: -$142,1012022Revenue 2023: $471,783Expenses 2023: $585,947Net Income 2023: -$114,1642023Revenue 2024: $491,552Expenses 2024: $593,744Net Income 2024: -$102,1922024

Highlighted filing

2018

Revenue$693,952
Expenses$629,801
Net Income$64,151
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 15, 2019
Return Version
2018v3.1
Gross Receipts
$746,360
Mission and Program Overview

Mission

To spark personal and professional transformation by empowering people with the skill set, tool set, and mindset of deliberate creativity.

To spark personal and professional transformation by empowering people with the skill set, tool set, and mindset of deliberate creativity. Cef's vision: to unlock the creative genius in everyone.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$238,949$322,378▲ $83,429
Investments in Publicly Traded Securities$90,332$85,279▼ $5,053
Pledges and Grants Receivable$36,223$37,810▲ $1,587
Accounts Receivable$15,715$36,271▲ $20,556
Intangible Assets$20,179$12,065▼ $8,114
Inventories for Sale or Use$7,525$7,268▼ $257
Prepaid Expenses and Deferred Charges$4,731$6,190▲ $1,459
Land, Buildings, and Equipment, Net$1,460$3,162▲ $1,702
Total Assets$791,339$842,848▲ $51,509
Other Assets Total$376,225$332,425▼ $43,800
Liabilities
Deferred Revenue$24,871$25,740▲ $869
Accounts Payable and Accrued Expenses$3,073$7,917▲ $4,844
Total Liabilities$27,944$33,657▲ $5,713
Net Assets / Fund Balance
Temporarily Rstr Net Assets$543,872$485,699▼ $58,173
Unrestricted Net Assets$219,523$323,492▲ $103,969
Total Net Assets Fund Balance$763,395$809,191▲ $45,796
Total Liabilities and Net Assets / Fund Balance$791,339$842,848▲ $51,509

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,162$9,778$12,940
Other Assets Org$86,692--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$176,155-▼ $4,184$4,787$167,184
2017$165,311-▲ $14,682$3,838$176,155
2016$161,579-▲ $7,363$3,631$165,311
2015$165,612-▼ $4,033-$161,579
2014$159,703-▲ $5,909-$165,612
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Mary E MillerExecutive DirectorFT$89,350$89,350

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$124,579
Program Service Revenue
$563,295
Investment Income
$6,078
Other Revenue
$0
All Other Contributions
$116,775
Change in Net Assets
$64,151

Audited Revenue Reconciliation

Revenue per Audited Statements
$693,070
Revenue Not Reported on Financial Statements
$882
Revenue Not Reported on Form 990
$23,166
Total Revenue per Audited Statements
$716,236
Total Revenue per Form 990
$693,952
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$407,500
Salaries, Compensation, and Employee Benefits$222,301
Total Fundraising Expense$40,416
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$87,075$20,589$1,600$109,264
Current Officers, Directors, Trustees, and Key Employees$38,582$26,305$27,952$92,839
Fees for Services Accounting$9,185$15,658$2,153$26,996
Fees for Services Other$23,958$1,188$311$25,457
Occupancy$1,539$20,755-$22,294
Travel$9,369$8,255-$17,624
Payroll Taxes$10,373$3,404$2,431$16,208
Information Technology$8,690$7,305$202$16,197
Office Expenses$12,638$886$1,224$14,748
Advertising$11,831$1,646-$13,477
All Other Expenses$7,382$1,985$1,870$11,237
Depreciation Depletion$5,490$3,212$792$9,494
Other Expenses$6,915$56$500$6,915
Insurance$3,340$1,096$783$5,219
Other Employee Benefits$2,554$838$598$3,990
Fees for Service Investment Mgmnt Fees-$882-$882
Total Functional Expenses$467,658$121,727$40,416$629,801

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$670,440
Total Expenses per Form 990$629,801
Expenses per Audited Statements$628,919
Expenses Not Reported on Form 990$41,521
Expenses Not Reported on Financial Statements$882
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

The form 990 is presented to the finance committee of the board of trustees. The board reviews and approves the return before filing.

Form 990, Part VI, Section B, line 12C

The conflict of interest policy covers trustees, officers, and employees and is monitored by annual written information questionnaire which are reviewed and maintained by the disclosure officer. The disclosure officer reviews each transaction to come before the board for potential or actual conflicts of interest. If potential or actual conflicts are identified, the disclosure officer shall determine if the actual or apparaent conflict of interest exists. If so, or if the disclosure officer otherwise deterimes it to be in the best interests of cef, the disclosure officer shall refer the reportable event to the board. The board may approve a reportable event only if it determines in good faith that, under all of the circumstances, approval is in the best interests of, and fair and reasonable to, cef. The identified conflicts of interest and appropriate recusals are documented in the minutes of each board or committee meeting.

Form 990, Part VI, Section B, line 15

The board of trustees researches the compensation for comparable organizations via published not-for-profit compensation studies as well as other information as available as a guideline for executive compensation.

Form 990, Part VI, Section C, line 19

The foundation makes its form 1023 and form 990 available upon request.

Filing and Contact Details

Filer

Filer Name
Creative Education Foundation Inc
EIN
16-0849832
Phone
5089600000
Address
46 WATCH HILL DRIVE, SCITUATE, MA 02066

Signing Officer

Name
Robert Leahy
Title
Treasurer
Phone
5089600000
Signed
2019-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Leahy
Formed
1954
Legal Domicile
Ny
Voting Board Members
14
Independent Board Members
14
Employees
5
Volunteers
63

Preparer

Firm
Livingston & Haynes Pc
Address
PO BOX 330, WARE, MA 01082
Preparer
Debra L Christensen
Phone
4139675936
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Change in value of split interest agreement -8990.

Financial Statement Notes

Part X, Line 2:

The Foundation recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained upon examination by the taxing authorities, based on the technical merits of the tax position. Any tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate resolution. Management has analyzed the Foundation's tax positions and has concluded that no liability for unrecognized tax benefits should be recorded related to uncertain tax positions taken on returns filed for open years (2015-2018).

Part XI, Line 2D - Other Adjustments:

Change in value of split interest agreement

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IRS990/Desc0THE FOUNDATION CONDUCTS AN ANNUAL INTERNATIONAL CONFERENCE, "THE CREATIVE PROBLEM SOLVING INSTITUTE (CPSI)", THAT HOSTS HUNDREDS OF PARTICIPANTS FROM AN AVERAGE OF 31 DIFFERENT COUNTRIES. CPSI PROVIDES WORKSHOPS THAT TEACH PARICIPANTS THE CREATIVE PROBLEM SOLVING PROCESS AND OTHER DELIBERATE CREATIVITY AND INNOVATION TECHNIQUES THAT ARE NEEDED TO SOLVE TODAY'S CHALLENGES ACROSS SECTORS AND INDUSTRIES.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt18EXECUTIVE DIRECTOR
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IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0TO SPARK PERSONAL AND PROFESSIONAL TRANSFORMATION BY EMPOWERING PEOPLE WITH THE SKILL SET, TOOL SET, AND MINDSET OF DELIBERATE CREATIVITY.
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IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt020755
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IRS990/OfficeExpensesGrp/FundraisingAmt01224
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0886
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IRS990/OtherExpensesGrp/Desc2PRINTING AND PUBLICATIO
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1253
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IRS990/OtherExpensesGrp/ProgramServicesAmt36915
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04731
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IRS990/PrincipalOfficerNm0ROBERT LEAHY
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE FOUNDATION PUBLISHES THE ACADEMIC JOURNAL ENTITLED "THE JOURNAL OF CREATIVE BEHAVIOR" ("JCB") QUARTERLY. THE JOURNAL INCLUDES SCHOLARSHIP AND CURRENT RESEARCH IN CREATIVE THINKING AND PRACTICE. FOR MORE THAN FIVE DECADES, THE JCB HAS BEEN THE BENCHMARK ACADEMIC PERIODICAL IN THE FIELD. IT PROVIDES UP TO DATE, CUTTING-EDGE ACADEMIC RESEARCH ABOUT CREATIVITY IN EDUCATION, PSYCHOLOGY, BUSINESS, ARTS AND MORE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt010698
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0124724
IRS990/ProgSrvcAccomActy3Grp/Desc0CEF PROVIDES EDUCATION SERVICES THROUGH TRAINING AND CONSULTING ABOUT CREATIVE THINKING TECHNIQUES AND DEVELOPING CREATIVITY ENVIRONMENTS TO SUPPORT CREATIVE PROBLEM SOLVING AND INNOVATION. 1) CEF'S EDUCATOR TRAINING PROGRAMS TRAINS EDUCATORS HOW TO INTEGRATE CREATIVE PROBLEM SOVING TOOLS AND SKILLS IN THE CLASSROOM.2) CEF'S EDUCATOR FACILITATION PROGRAMS FACILITATE EDCUATIONAL ADMINISTRATORS IN CREATIVE PROBLEM SOLVING SO THEY CAN BUILD INNOVATIVE SOLUTION TO COMPLEX CHALLANGES.3) CEF'S YOUTHWISE PROGRAM TEACHES YOUNG PEOPLE HOW TO APPLY CREATIVE PROBLEM SOLVING AND OTHER DELIBERATE CREATIVITY TECHNIQUES THROUGHOUT THEIR LIVES.4) CEF'S PARNES FELLOWSHIP TRAINS RISING COMMUNITY LEADERS IN CREATIVE PROBLEM SOLVING AT CPSI AND VIA VIRTUAL CLASSES.5) CEF'S NOLLER GRANT RECOGNIZES A CREATIVITY RESEARCHER ENGAGED IN CUTTING EDGE CREATIVITY RESEARCH.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt026634
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt09814
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE FOUNDATION PUBLISHES AND SELLS BOOKS BY THE FOUNDER AND OTHER MEMBERS OF THE CREATIVE THINKING COMMUNITY, DEVELOPS RESOURCE MATERIALS AND GUIDES AND BUILDS PARTNERSHIPS WITHIN THE CREATIVE THINKING COMMUNITY. THE CREATIVE EDUCATION FOUNDATION ALSO ADMINISTERS THE RUTH B. NOLLER RESEARCH GRANT WHICH IS AWARDED ANNUALLY TO AN INDIVIDUAL DOING CUTTING EDGE RESEARCH IN THE FIELD OF CREATIVITY, AS WELL AS THE SIDNEY J. PARNES GLOBAL FELLOWSHIP PROGRAM, WHICH SELECTS A COHORT OF 3 FELLOWS, BIANNUALLY, AND PROVIDES THEM WITH THE CREATIVE PROBLEM SOLVING AND LEADERSHIIP TRAINING SO THEY CAN ADDRESS CRITICAL SOCIAL ISSUES IN THEIR HOME CITIES AND COUNTRIES.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt012150
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt041224
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IRS990/RevenueAmt0387533
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt010020
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.81$0.18$0.63$0.49$0.59$0.10
2023Detailed filing. Detailed filing data is available for this year.$0.93$0.21$0.73$0.47$0.59$0.11
2022Detailed filing. Detailed filing data is available for this year.$1.04$0.21$0.83$0.44$0.58$0.14
2021Detailed filing. Detailed filing data is available for this year.$1.17$0.20$0.97$0.55$0.41$0.14
2020Detailed filing. Detailed filing data is available for this year.$1.06$0.23$0.83$0.30$0.38$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.93$0.05$0.88$0.68$0.64$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.84$0.03$0.81$0.69$0.63$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.79$0.03$0.76$0.55$0.59$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.83$0.05$0.78$0.63$0.65$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.85$0.05$0.80$0.64$0.68$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.88$0.05$0.83$0.79$0.72$0.07
2013Summary only. Only limited summary data is available for this year.$0.82$0.06$0.75$0.61$0.58$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.78$0.07$0.72$0.60
2011Summary only. Only limited summary data is available for this year.$0.30$0.18$0.11$0.73$0.86$0.12
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.08$0.26$0.65