Overview
What is Creation Foundation Inc?
Creation Foundation Inc, based in New Port Richey, Florida, is a nonprofit organization dedicated to education. Specifically, it operates Dayspring Academy for Education and the Arts as a charter school. The mission of this organization is to provide quality education that encompasses both academics and fine arts for its students.
Official website here: www.dayspringacademy.org/
What are the reviews and ratings of this charity?
Charity Navigator rating: 81%, Three-Star out of Four Star rating.
Creation Foundation Inc has received an 81% score, primarily reflecting strong accountability and financial practices. The organization boasts an independent board of directors, with all members being independent, and has effective oversight mechanisms in place, such as an audit and oversight committee. Their financial transparency is further demonstrated by their high program expense ratio, indicating that a significant portion of their budget is directed towards their primary mission.
While the organization excels in several areas, including conflict of interest policies and transparent board meeting documentation, it does have a notable limitation. The lack of a whistleblower policy may be a concern for potential donors who prioritize robust governance practices. Additionally, the liabilities to assets ratio could indicate potential financial risk, which requires monitoring as the organization continues to grow and operate.
Overall, Creation Foundation Inc presents a solid option for donors looking for a nonprofit with strong governance and a commitment to using funds effectively. However, prospective supporters should consider the areas needing improvement while evaluating their charitable contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Creation Foundation Inc legitimate?
Creation Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Creation Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.dayspringacademy.org/
What is the mission statement of Creation Foundation Inc?
Creation Foundation Inc is dedicated to the pursuit of education, with a particular focus on both academics and fine arts. At the heart of its mission lies a school, Dayspring Academy, which operates under this guiding principle. By providing a well-rounded educational experience, the foundation aims to foster intellectual growth and artistic development in students. This holistic approach allows students to explore their passions and talents, ultimately leading to a more fulfilling and successful academic journey. Through its commitment to education in these two essential areas, Creation Foundation Inc is making a significant impact on the lives of its students.
Official website here: www.dayspringacademy.org/
Who is the CEO of Creation Foundation Inc?
Kenneth Foote is the Board Chair of Creation Foundation Inc. The CEO's salary of Creation Foundation Inc is $0 and their total compensation is $0.
Official website here: www.dayspringacademy.org/
What is the revenue of Creation Foundation Inc?
Creation Foundation Inc's revenue in 2023 was $12,020,364.
Official website here: www.dayspringacademy.org/
Who are the executives of Creation Foundation Inc and what are their salaries?
There 200 volunteers at Creation Foundation Inc.
Here are 9 key members and their salaries (Creation Foundation Inc's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.dayspringacademy.org/
Where can I find the form 990 for Creation Foundation Inc?
Creation Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.dayspringacademy.org/
Learn more at the official website: www.dayspringacademy.org/
Mission Statement of Creation Foundation Inc
Creation Foundation Inc, a nonprofit organization, is dedicated to the provision of education in both academic and artistic fields. At the heart of its mission lies Dayspring Academy for Education and the Arts, a charter school situated in Florida. This institution is committed to fostering learning in various disciplines, with a unique emphasis on fine arts.
In essence, Creation Foundation Inc aims to nurture well-rounded individuals by offering a comprehensive educational experience. The organization's focus on the arts enriches students' lives, allowing them to explore their creativity and express themselves effectively. Academically, the students receive a solid foundation, preparing them for future endeavors.
Through Dayspring Academy, Creation Foundation Inc creates an engaging learning environment that inspires students to excel. The organization's dedication to academic and artistic growth ensures that every student leaves with essential skills and a passion for lifelong learning. By bridging the gap between traditional education and the arts, Creation Foundation Inc is shaping the next generation of creative and intellectually curious individuals.
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Impact
October, 2024
Creation Foundation Inc significantly impacts the community by fostering an educational environment that emphasizes both academics and fine arts. Through the Dayspring Academy for Education and the Arts in New Port Richey, FL, the foundation aims to deliver a well-rounded education that nurtures students' intellectual and creative potential. The academy is designed to cultivate a love for learning while also honing artistic skills, ensuring students are equipped with the critical thinking and creative abilities necessary for future success. This holistic approach not only enhances individual student achievement but also contributes to the overall enrichment of the community. By prioritizing both academic excellence and artistic expression, Creation Foundation Inc plays a vital role in shaping well-rounded, engaged citizens.
This information is meant to be a general summary of Creation Foundation 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 2023.
- Program Service Revenue: $10,767,368
- Gross Receipts: $12,056,294
Assets and Liabilities:
- Total Assets: $13,286,598
- Total Liabilities: $11,092,713
- Net Assets: $2,193,885
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FTE-PER STUDENT FUNDING
Revenue
$9,158,917
BEFORE/AFTERCARE
Revenue
$782,992
FEDERAL FUNDING
Revenue
$825,459
Organization Details
Founding Year
2000
Phone
(727) 857-6922Principal Officer
Kenneth Foote
Main Address
9732 LITTLE ROAD, NEW PORT RICHEY, FL, 34654
Website
www.dayspringacademy.org/NTEE Category
Code: B24 - Education
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