Community Development : Community Foundations

CREATE Foundation

Northeast Mississippi's community foundation

four stars

93.07

213 West Main Street Tupelo, MS 38804
tel: (662) 844-8989   Web Site
EIN: 23-7248582

Board Leadership
Bo Collins
Chair

CEO
Mike Clayborne
President

  Score
(out of 100)
Rating
Overall Score & Rating 93.07 four stars
  Financial 91.06 four stars
  Accountability & Transparency 96.00 four stars
This rating was published 12/01/2019 and includes data from FY2018, the most recent 990 received at that time.

CREATE is an acronym for Christian Research Education Action Technical Enterprise. Today, the CREATE Foundation is the region's premier philanthropic resource regarding comprehensive charitable planning for individuals, nonprofits, communities, and businesses. CREATE Foundation is committed to good stewardship of the funds entrusted to us. Sound financial practices protect investment principal from erosion, provide a steady stream of income for grants, and add value to investment assets through growth. For more than 35 years, CREATE has been working together with fund donors, grant recipients, organizations and communities, the Foundation is a powerful catalyst for building charitable resources for our region.

CREATE is an acronym for Christian Research Education Action Technical Enterprise. Today, the CREATE Foundation is the region's premier philanthropic resource regarding comprehensive charitable planning for individuals, nonprofits, communities, and businesses. CREATE Foundation is committed to good stewardship of the funds entrusted to us. Sound financial practices protect investment principal from erosion, provide a steady stream of income for grants, and add value to investment assets through growth. For more than 35 years, CREATE has been working together with fund donors, grant recipients, organizations and communities, the Foundation is a powerful catalyst for building charitable resources for our region.

Impact Information

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Financial

four stars

91.06

Accountability & Transparency

four stars

96.00

This rating was published 12/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
92.0%
  Administrative Expenses 5.4%
  Fundraising Expenses 2.5%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 2.92
  Program Expenses Growth 3.6%
  Liabilities to Assets < 0.1%
All data for Financial Performance Metrics calculations was provided by CREATE Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by CREATE Foundation on recent 990s filed with the IRS.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $14,013,965
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $270,317
Total Contributions $14,284,282
   Program Service Revenue $50,708
Total Primary Revenue $14,334,990
   Other Revenue $3,471,390
TOTAL REVENUE $17,806,380
   
EXPENSES  
   Program Expenses $8,060,419
   Administrative Expenses $381,430
   Fundraising Expenses $237,959
TOTAL FUNCTIONAL EXPENSES $8,679,808
   
Payments to Affiliates $0
Excess (or Deficit) for the year $9,126,572
   
Net Assets $108,869,980

Charts

Compensation % of Expenses Paid to Title
$213,296 2.45% Michael K. Clayborne President

Mission

CREATE is an acronym for Christian Research Education Action Technical Enterprise. Today, the CREATE Foundation is the region's premier philanthropic resource regarding comprehensive charitable planning for individuals, nonprofits, communities, and businesses. CREATE Foundation is committed to good stewardship of the funds entrusted to us. Sound financial practices protect investment principal from erosion, provide a steady stream of income for grants, and add value to investment assets through growth. For more than 35 years, CREATE has been working together with fund donors, grant recipients, organizations and communities, the Foundation is a powerful catalyst for building charitable resources for our region.

Highly Rated

Charity Name & State Overall Score Overall Rating
CREATE Foundation (MS) 93.07 four stars
Midland Area Community Foundation (MI) 95.04 four stars
El Dorado Community Foundation (CA) 85.88 three stars
Greater Kansas City Community Foundation (MO) 92.61 four stars
The Pittsburgh Foundation (PA) 92.92 four stars

Compare These Charities (Highly Rated)

Charity Contact Info

CREATE Foundation
213 West Main Street
Tupelo, MS 38804
tel: (662) 844-8989
fax: (662) 844-8149
EIN: 23-7248582

Mail donations to:
P.O. Box 1053
Tupelo, MS 38802

Visit Web Site

Board Leadership

Bo Collins
Chair

CEO

Mike Clayborne
President