Creative Education Foundation Inc
- Assets
- $1.2m
- Revenue
- $547.7k
- Investments
- $0.0
- Employees
- 4
- Location
- Scituate, MA
- Founding
- 07/1955
- Data as of
- 12/2021
- EIN
- 16-0849832
Organization Overview
Creative Education Foundation Inc is located in Scituate, MA. The organization was established in 1955. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2021, Creative Education Foundation Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Creative Education Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Creative Education Foundation Inc generated $547.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $411.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SPARK PERSONAL AND PROFESSIONAL TRANSFORMATION BY EMPOWERING PEOPLE WITH THE SKILL SET, TOOL SET, AND MINDSET OF DELIBERATE CREATIVITY. CEF'S VISION: TO UNLOCK THE CREATIVE GENIUS IN EVERYONE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION CONDUCTS AN ANNUAL INTERNATIONAL CONFERENCE, THE "CREATIVE PROBLEM SOLVING INSTITUTE (CPSI)", THAT HOSTS HUNDREDS OF PARTICIPANTS FROM AN AVERAGE OF 27 DIFFERENT COUNTRIES. CPSI PROVIDESWORKSHOPS THAT TEACH PARTICIPANTS THE CREATIVE PROBLEM SOLVING PROCESS AND OTHER DELIBERATE CREATIVITY AND INNOVATION TECHNIQUES THAT ARE NEEDED TO SOLVE TODAY'S CHALLENGES ACROSS SECTORS AND INDUSTRIES.
THE FOUNDATION PUBLISHES THE ACADEMIC JOURNAL ENTITLED THE "JOURNAL OF CREATIVE BEHAVIOR (JCB)" QUARTERLY. THE JOURNAL INCLUDES SCHOLARSHIP AND CURRENT RESEARCH IN CREATIVE THINKING AND PRACTICE. FOR MORE THAN FIVE DECADES, THE JCB HAS BEEN THE BENCHMARK ACADEMIC PERIODICAL IN THE FIELD. IT PROVIDES UP TO DATE, CUTTING EDGE ACADEMIC RESEARCH ABOUT CREATIVITY IN EDUCATION, PSYCHOLOGY, BUSINESS, THE ARTS, AND MORE.
CEF PROVIDES EDUCATION SERVICES THROUGH TRAINING AND CONSULTING ABOUT CREATIVE THINKING TECHNIQUES AND HOW PEOPLE CAN DEVELOP CREATIVITY ENVIRONMENTS TO SUPPORT CREATIVE PROBLEM SOLVING AND INNOVATION:1. CEF'S EDUCATOR TRAINING PROGRAMS TRAINS EDUCATORS HOW TO INTEGRATE CREATIVE PROBLEM SOLVING TOOLS AND SKILLS IN THE CLASSROOM.2. CEF'S EDUCATOR FACILITATION PROGRAMS FACILITATE EDUCATIONAL ADMINISTRATORS IN CREATIVE PROBLEM SOLVING SO THEY CAN BUILD INNOVATIVE SOLUTIONS TO COMPLEX CHALLENGES AND OPPORTUNITIES.3. CEF'S YOUTHWISE PROGRAM TEACHES YOUNG PEOPLE HOW TO APPLY CREATIVE PROBLEM SOLVING AND OTHER DELIBERATE CREATIVITY TECHNIQUES THROUGHOUT THEIR LIVES.4. CEF'S PARNES FELLOWSHIP TRAINS RISING COMMUNITY LEADERS IN CREATIVE PROBLEM SOLVING.5. CEF'S NOLLER PRIZE RECOGNIZES CUTTING EDGE RESEARCH IN THE FIELD OF CREATIVITY AND INNOVATION.
THE FOUNDATION PUBLISHES AND SELLS BOOKS BY THE FOUNDER AND OTHER MEMBERS OF THE CREATIVE THINKING COMMUNITY, DEVELOPS RESOURCE MATERIALS AND GUIDES AND BUILDS PARTNERSHIPS WITHIN THE CREATIVE THINKINGCOMMUNITY. THE CREATIVE EDUCATION FOUNDATION ALSO ADMINISTERS THE RUTH B. NOLLER RESEARCH GRANT WHICH IS AWARDED ANNUALLY TO AN INDIVIDUAL DOING CUTTING EDGE RESEARCH IN THE FIELD OF CREATIVITY, AS WELL AS THE SIDNEY J. PARNES GLOBAL FELLOWSHIP PROGRAM, WHICH SELECTS A COHORT OF 3 FELLOWS, BIANNUALLY, AND PROVIDES THEM WITH THE CREATIVE PROBLEM SOLVING AND LEADERSHIIP TRAINING SO THEY CAN ADDRESS CRITICAL SOCIAL ISSUES IN THEIR HOME CITIES AND COUNTRIES.INCLUDED IN 2021 OTHER REVENUE IS THE EMPLOYMENT RETENTION CREDIT OF $33,135.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary E Miller Executive Director | OfficerTrustee | 40 | $110,416 |
Elizabeth Monroe-Cook Chair | OfficerTrustee | 5 | $0 |
Denise Jonson Vice-Chair | OfficerTrustee | 5 | $0 |
Mary Wisenski Treasurer | OfficerTrustee | 7 | $0 |
Gregory Shoemaker Secretary | OfficerTrustee | 5 | $0 |
Duane Wilson Trustee | Trustee | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $85,434 |
| All other contributions, gifts, grants, and similar amounts not included above | $200,063 |
| Noncash contributions included in lines 1a–1f | $97,911 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $285,497 |
| Total Program Service Revenue | $218,381 |
| Investment income | $8,000 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,719 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $547,732 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $108,738 |
| Compensation of current officers, directors, key employees. | $38,792 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $122,104 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $19,081 |
| Payroll taxes | $17,935 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $31,296 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $936 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,864 |
| Information technology | $10,095 |
| Royalties | $0 |
| Occupancy | $3,148 |
| Travel | $9,799 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,955 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $936 |
| Insurance | $6,267 |
| All other expenses | $7,949 |
| Total functional expenses | $411,340 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $780,410 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $25,285 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,876 |
| Prepaid expenses and deferred charges | $4,973 |
| Net Land, buildings, and equipment | $2,090 |
| Investments—publicly traded securities | $169,936 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $176,060 |
| Total assets | $1,166,630 |
| Accounts payable and accrued expenses | $22,724 |
| Grants payable | $0 |
| Deferred revenue | $20,745 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $155,339 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $198,808 |
| Net assets without donor restrictions | $401,904 |
| Net assets with donor restrictions | $565,918 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,166,630 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Creative Education Foundation Inc has recieved totaling $37,932.
| Awarding Organization | Amount |
|---|---|
Hartford Foundation For Public Giving Hartford, CT PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $12,861 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $71 |
Endowment Analysis
| Beg. Balance | $181,179 |
| Earnings | $9,562 |
| Other Expense | $20,805 |
| Ending Balance | $169,936 |
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|---|---|---|
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Coordinated Behavioral Care Inc New York, NY | $25,699,878 | $79,934,258 |
Success Academy Charter Schools Inc New York, NY | $162,966,057 | $99,368,525 |
Baker Hall Lackawanna, NY | $43,415,308 | $53,649,609 |
Tiegerman School Glen Cove, NY | $36,938,898 | $36,850,171 |
Proteus Fund Inc Amherst, MA | $47,115,132 | $46,264,432 |
Teach For All Inc New York, NY | $63,275,692 | $50,938,774 |
Lsny Bronx Corporation New York, NY | $9,256,880 | $24,578,698 |
Boston Plastic & Oral Surgery Foundation Inc Boston, MA | $28,248,674 | $23,739,730 |
El Education Inc New York, NY | $28,362,379 | $30,858,452 |
John A Coleman School Yonkers, NY | $5,649,439 | $19,245,814 |
Halo Network Inc Amityville, NY | $5,984,377 | $20,823,404 |