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Create Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 262588619 ✦ Bellevue, NE ✦ Designated as a 501(c)(3)

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Overview

What is Create Foundation?

Create Foundation is a nonprofit organization located at 1510 Chandler Road, Bellevue, NE 68147. Its primary focus is on fostering science, technology, engineering, and mathematics (STEM) education for middle and high school students. They achieve this by organizing annual robotics competitions. With a team of five dedicated individuals, Create Foundation serves as a platform for pre-secondary students to showcase their skills and passion in STEM fields, promoting hands-on learning and innovation.


Official website here: www.create-found.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Stars)

Create Foundation has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The rating is derived entirely from their accountability measures, where they scored highly in several areas, including having a fully independent board and no material diversion of assets. Their program expense ratio is also commendable at nearly 80%, indicating that a significant portion of their funds is directed towards their mission-related activities.

Despite these strengths, there are notable gaps in their governance policies, as Create Foundation lacks a conflict of interest policy, whistleblower policy, and a document retention and destruction policy. This absence of critical governance frameworks can raise concerns about transparency and operational integrity. However, they maintain accurate and accessible documentation practices, such as posting board meeting minutes and their tax form on their website.

Overall, while Create Foundation demonstrates effective financial management and accountability, the lack of certain governance policies should be addressed to enhance their operational transparency and trustworthiness. Addressing these areas could help improve their rating and foster greater confidence among stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Create Foundation legitimate?

Create Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Create Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $36,333

For more financial information, click here


Official website here: www.create-found.org

What is the mission statement of Create Foundation?

The Create Foundation's mission is centered around promoting Science, Technology, Engineering, and Mathematics (STEM) education. They achieve this by sponsoring annual robotics competitions for pre-secondary students. The organization's primary goal is to foster an interest in STEM subjects among middle and high school-aged pupils, thereby nurturing the next generation of innovators and problem solvers. Through these competitions, students gain practical experience and develop essential skills in teamwork, critical thinking, and problem-solving.


Official website here: www.create-found.org

Who is the CEO of Create Foundation?

James E Schulte is the Director of Create Foundation.


Official website here: www.create-found.org

What is the revenue of Create Foundation?

Create Foundation's revenue in 2022 was $122,970.


Official website here: www.create-found.org

Who are the executives of Create Foundation and what are their salaries?

The average compensation at Create Foundation during 2022 was $7,267. There are 5 employees and 500 volunteers at Create Foundation.


Here are 6 key members and their salaries:


Ted Bridges (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Connolly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Fleissner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Myers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James E Schulte (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter F Snawerdt Iii (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.create-found.org

Where can I find the form 990 for Create Foundation?

Create Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.create-found.org

Learn more at the official website: www.create-found.org

Mission Statement of Create Foundation

Create Foundation is committed to fostering the growth of science, technology, engineering, and mathematics (STEM) education among middle and high school students. They accomplish this by organizing annual robotics competitions. Through these events, the organization aims to stimulate interest and engagement in these subjects, ultimately preparing the next generation for STEM careers. By sponsoring these competitions, Create Foundation plays a pivotal role in promoting STEM education, which is essential for driving innovation and progress in the modern world.

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Impact




October, 2024

Create Foundation significantly enhances youth development by sponsoring robotics competitions for pre-secondary students. This initiative promotes engagement in science, technology, engineering, and mathematics (STEM) education at an early age, fostering critical thinking, problem-solving skills, and teamwork. Through these annual competitions, students are not only able to apply theoretical knowledge in practical contexts but also gain hands-on experience that inspires future academic and career pursuits in STEM fields. The foundation’s efforts help cultivate a new generation of innovators and leaders, creating a positive ripple effect in their communities.




This information is meant to be a general summary of Create Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$122,970 (2022)
Expenses
$152,569 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $121,423
  • Gross Receipts: $128,097

Assets and Liabilities:

  • Total Assets: $245,220
  • Total Liabilities: $1,375
  • Net Assets: $243,845

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

USO

Revenue

$119,740

CREATE JR PROGRAM

Revenue

$1,683

Organization Details

Principal Officer

James E Schulte

Main Address

1510 CHANDLER ROAD, BELLEVUE, NE, 68147

NTEE Category

Code: O50 - Youth development

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