Creative Discoveries Preschool
Nonprofit profile at a glance
- EIN
- 930593265
- IRS 990-EZ coverage
- 2018–2023
- Forms available
- Form 990-EZ 2023, Form 990-N 2014
- Location
- Salem, OR, USA
- Rating
- 55
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $63,114
- Expenses
- $17,173
- Assets
- $77,683
- Liabilities
- $9,310
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- KRISTIE KOENIG (PRESIDENT)
- APRIL MCKENZIE (VICE PRESIDENT)
People named in this filing
- KASSY SELBY (TREASURER)
- KRISTIE KOENIG (PRESIDENT)
- APRIL MCKENZIE (VICE PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Education of preschool aged children
What it reported doing in 2023
Cooperative preschool for 3 and 4 year olds 5 days per week. Approximately 60 children participate.
Operating model
- Revenue model
- Earned-program. 90% of the money available for current operations came from fees and other program revenue.
- 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
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 32
- Transparency & Controls: 82
- Sustainability: 78
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 16.2%; rating input score 16
- Program expense ratio: 59.4%; rating input score 59
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 72.8%; rating input score 96; 96th percentile among comparable filings
- Total-asset coverage ratio: 4.52; rating input score 82; 82nd percentile among comparable filings
- Liabilities to assets ratio: 0.12; rating input score 17; 17th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -18.7% per year; rating input score 0; 19th percentile among comparable filings
- Revenue growth: 0.8% per year; rating input score 100; 57th percentile among comparable filings
- Asset growth: -4.1% per year; rating input score 0; 26th percentile among comparable filings
Details
- Where the money goes: 16.2% of revenue deployed · 59.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $10K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2018 to 2023
- Contacts: How to reach this organization
- 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 — Financial Efficiency: Mission deployment rate scored 16/100.
- Review — Financial Efficiency: Program expense ratio scored 59/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 17/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.