Overview
What is Creative Life Inc?
Creative Life Inc is a nonprofit organization that serves over 500 children between the ages of 5 and 18. Their mission is to educate, inspire, and motivate these young minds through a variety of activities, including both academic and recreational ones. They have established a modern STEM lab and have organized summer camps and writers consortia as part of their program offerings. The organization's purpose is to provide a well-rounded learning experience for its young members, fostering their growth and development in a supportive environment.
Official website here: www.info@creativelifeinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)
Creative Life Inc has earned a solid Three-Star rating from Charity Navigator, indicating a good level of accountability and financial health. This rating is based solely on the Accountability & Finance beacon, with an impressive score of 80%. The organization's transparency is highlighted by its policies on conflicts of interest, whistleblowing, and document retention, all of which received full scores.
The nonprofit demonstrates strong financial management, as evidenced by its low liabilities to assets ratio of 8.48% and a program expense ratio of 77.12%. This means that a significant majority of its expenditures are directed towards its programs, reflecting a commitment to its mission. The organization also maintains transparency by listing required documents on its website, including its tax form and board meeting minutes.
While Creative Life Inc shows strong accountability and solid financial practices, it is important for potential donors and stakeholders to consider the broader impact of its programs and services. Overall, the organization’s high scores in various metrics suggest a commitment to responsible management and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Creative Life Inc legitimate?
Creative Life Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Creative Life Inc 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: $123,666
Professional Fundraising Fees: $0
Other Salaries and Wages: $146,280
For more financial information, click here
Official website here: www.info@creativelifeinc.org
What is the mission statement of Creative Life Inc?
Creative Life Inc's mission is centered around educating children, providing them with a holistic learning experience through educational, recreational, inspirational, and motivational activities. The organization strives to cater to the needs of children between the ages of 5 and 18. One of its key initiatives is the establishment of a 21st century STEM lab, serving as a platform for scientific exploration and innovation. Creative Life Inc also organizes summer camps and writers consortia, fostering a nurturing environment for personal growth and creativity.
Official website here: www.info@creativelifeinc.org
Who is the CEO of Creative Life Inc?
Carolyn Bibbs is the Board Chairman of Creative Life Inc. The CEO's salary of Creative Life Inc is $73,333 and their total compensation is $73,333.
Official website here: www.info@creativelifeinc.org
What is the revenue of Creative Life Inc?
Creative Life Inc's revenue in 2022 was $494,592.
Official website here: www.info@creativelifeinc.org
Who are the executives of Creative Life Inc and what are their salaries?
The average compensation at Creative Life Inc during 2022 was $12,270. There are 22 employees and 30 volunteers at Creative Life Inc.
Here are 10 key members and their salaries (Creative Life Inc's CEO's salary is $73,333 and their total compensation is $73,333):
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- Compensation: $73,333
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- Other: $0
- Compensation: $50,333
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.info@creativelifeinc.org
Where can I find the form 990 for Creative Life Inc?
Creative Life Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.info@creativelifeinc.org
Learn more at the official website: www.info@creativelifeinc.org
Mission Statement of Creative Life Inc
Creative Life Inc, a nonprofit organization, is dedicated to educating and inspiring children aged 5 to 18. They achieve this mission by offering a variety of activities, including educational, recreational, inspirational, and motivational programs. Through these initiatives, Creative Life aims to equip and motivate young minds, fostering their growth and development. The organization has taken significant steps towards this goal, such as establishing a 21st century STEM lab and hosting summer camps and writers consortia as part of its programs. By providing these engaging and enriching experiences, Creative Life Inc is committed to nurturing the next generation, preparing them for the challenges and opportunities of the modern world.
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Impact
July, 2024
Creative Life Inc's impact is significant in the realm of youth development. By educating over 500 children aged 5-18 through a range of educational, recreational, inspirational, and motivational activities, the organization is making a tangible difference in the lives of young individuals in Memphis, TN. With initiatives such as a 21st-century STEM lab, summer camps, and writers consortia, Creative Life is providing valuable learning opportunities and fostering creativity and innovation among the children it serves. This holistic approach to education and personal development underscores the organization's commitment to empowering youth and shaping future leaders.
This information is meant to be a general summary of Creative Life Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $19
- Gross Receipts: $494,592
Assets and Liabilities:
- Total Assets: $514,747
- Total Liabilities: $43,687
- Net Assets: $471,060
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Organization Details
Founding Year
1988
Phone
(901) 775-0304Principal Officer
Carolyn Bibbs
Main Address
1222 RIVERSIDE BLVD, MEMPHIS, TN, 38106
Website
www.info@creativelifeinc.orgNTEE Category
Code: O500 - Youth development
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