Create Inc

Nonprofit profile at a glance

EIN
132739938
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Bronx, NY, USA
Phone
7184015700
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Residential Mental Health Treatment

Official website

Reported finances

Revenue
$5,054,014
Expenses
$3,827,687
Assets
$23,354,590
Liabilities
$9,695,891

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • DR MIRIAM Y VEGA (PRESIDENT & CEO)
  • RICHARD WEISS (FORMER PRES/CEO-STRATEGIC ADVISOR)

Highest reported compensation

  • RICHARD WEISS (FORMER PRES/CEO-STRATEGIC ADVISOR): $444,551 total reported compensation
  • CYNTHIA DELAROSA (CHIEF PROGRAM OFFICER): $307,435 total reported compensation
  • DR MIRIAM Y VEGA (PRESIDENT & CEO): $270,762 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To confront the issues of homelessness, poverty, chemical abuse and unemployment as they impact harlem and other communities in New York, through medically supervised counseling, informational and referral services to persons who are chemically dependent; transitional and temporary housing and support services to persons who are homeless; and social services and socialization to persons who are elderly.

What it reported doing in 2024

Other programs - create inc. Is a harlem, ny-based nonprofit organization dedicated to supporting individuals and families affected by substance use disorders and housing instability. The organization operates a 32-bed inpatient rehabilitation program, providing structured residential treatment and recovery services. Create also offers outpatient services through a licensed part 822 clinic, which delivers individualized counseling, recovery support, and care coordination.in addition to treatment services, create operates a community pantry that addresses local food insecurity by distributing groceries and essentials to residents in need. The organization also manages create new hope housing, an 11-unit permanent supportive housing program serving young adults with histories of substance use and homelessness. Through these integrated and trauma-informed services, create inc. Plays a vital role in promoting health, stability, and recovery for vulnerable populations in harlem.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 67
  • Transparency & Controls: 65
  • Accountability: 91
  • Sustainability: 76
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 66.7%; rating input score 67
  • Program expense ratio: 88%; rating input score 88
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 24.3%; rating input score 81; 81st percentile among comparable filings
  • Total-asset coverage ratio: 6.1; rating input score 86; 86th percentile among comparable filings
  • Liabilities to assets ratio: 0.42; rating input score 26; 26th percentile among comparable filings
  • Officer compensation ratio: 1.5%; rating input score 78; 78th percentile among comparable filings

Growth

  • Program expense growth: -2.3% per year; rating input score 0; 8th percentile among comparable filings
  • Revenue growth: -1.6% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: 23% per year; rating input score 100; 88th percentile among comparable filings

Details

  • Where the money goes: 66.7% of revenue deployed · 88% of spending went to programs
  • Governance: 9 of 9 board members independent · 7 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $3.4M in reported program spending
  • Leadership: top reported pay $445K · 15 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 26 of 27 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 12 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 11 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 26/100.