Creighton Community Foundation

Nonprofit profile at a glance

EIN
462275877
IRS 990 coverage
2018–2024
Forms available
Form 990 2024, Form 990-EZ 2017, Form 990-N 2015
Location
Phoenix, AZ, USA
Phone
6028883770
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Community Foundations

Official website

Reported finances

Revenue
$2,763,448
Expenses
$3,238,195
Assets
$936,761
Liabilities
$277,304

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

Leadership & pay

13 people listed

Executive titles in this filing

  • JEFF BOLES (PRESIDENT)

Highest reported compensation

  • JEFF BOLES (PRESIDENT): $94,500 total reported compensation

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

Overview

Mission

Creighton community foundation's (ccf) core program "community works" leverages neighborhood schools to support vibrant communities in the poorest parts of urban phoenix, where neighborhoods suffer from poverty- driven disadvantage and disengagement. In these neighborhoods, today's children will spend 91% of their lives between 0 and 18 years of age outside school hallways. Vibrant supportive communities today have a determinative influence on child outcomes, and tomorrow's neighborhoods. What does it take to change an isolated, disengaged community into one filled with adult supportive relationships and a community of hope and inspiration? We leverage best practices in community transformation, centered around relocation, redistribution, and reconciliation by embedding a school-connected worker in our poorest neighborhoods, living 7x24 in residence, working in child and community relationship, and building bridges with key community partners and resources. The change is here already.

What it reported doing in 2024

Community works: community works is a comprehensive program focused on activating disadvantaged neighborhoods to enhnace youth outcomes and community vibrancy. Community works involves resident practitioners who lead middle school students in character development and community services activities. It also involves fiduciary sponsorship of ptos and school programs, using a fee-for-service model to rapidly start services and enhance fiscal governance. Our support extends to fundraising for junior ambassador programs, mini-grants for classroom activities, community garden development for school sites, school district event funding (teacher welcomeback type events), funding for extracurricular programs, and pass- through funding for school-based organizations or aspects of the district itself such as the family resource center). Principally, the activities of this program are all aimed at fostering active, school-engaged communities. But community works is also broadly inclusive of a number of community vibrancy-increasing strategies. Building on a decade of strategic land use entitlement work - that today also includes the co-chairing of a land use coalition for open space equity - one facet of community works continues to advance plans for digital billboard installations along highway corridors that will create sustainable revenue streams to support our community food security, placemaking, and youth development initiatives. This work is particularly connected to the development and operating of place-making initiatives, including community food-producing agricultural sites that often require subsidization, but are critically important to sustainably addressing the pervasive food inequity and low food access that impair youth household stability and health outcomes in our communities. As a location and land-specific development project, digital billboard projects, and underlying long-term development of appropriate land use entitlements and clearing of regulatory obstacles is synergistic with land development- oriented place-making activities of the organization typically connected to urban agriculure, and the development of both uses may go hand in hard; in essence, this makes communities work in our low-income, open space and food inequitable communities. These initiatives have led to significant community impacts, including food distribution and neighborhood improvement projects. The program's success is rooted in strong partnerships with organizations like Arizona state university and Arizona trauma institute, which contribute to our evolving knowledge base for youth development. Community works plans to sub-lease land for digital billboard placements on highway corridors within the next two years, generating revenues for school site programming, fiduciary sponsorship, and support services for disadvantaged community families.

Operating model

Revenue model
Donor-supported. 85% of the money available for current operations came from contributions and gifts.
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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 95
  • Transparency & Controls: 86
  • Accountability: 85
  • Sustainability: 19
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 93.8%; rating input score 94
  • Fundraising efficiency: $42.15 raised per $1 spent on fundraising; rating input score 76; 76th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 13th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 91.7%; rating input score 92; 22nd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -17.2%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 0.29; rating input score 9; 9th percentile among comparable filings
  • Liabilities to assets ratio: 0.3; rating input score 34; 34th percentile among comparable filings
  • Officer compensation ratio: 2.9%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: 38.5% per year; rating input score 100; 95th percentile among comparable filings
  • Revenue growth: 32.2% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: 31.3% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 93.8% of spending went to programs
  • Governance: 11 of 12 board members independent · 6 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $3M in reported program spending
  • Leadership: top reported pay $94K · 13 people listed
  • Consistency: 31 of 32 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 7 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Sustainability: Operating margin scored 8/100.
  • High — Sustainability: Total-asset coverage ratio scored 9/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Transparency & Controls: Schedule D land buildings reconciliation did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 34/100.