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Creative Waves Foundation

New York, New York · EIN 85-1557804 · Youth Development · tax-exempt since 2021

C

Charity Clarity grade C (score 74.3 of 100), based on the Form 990-EZ for the year ended December 2024.

Graded against 10,119 youth development nonprofits with revenue $100K–$500K filing the same form. A = top 10%, B = next 20%, C = middle 40%, D = next 20%, F = bottom 10%.

What goes into the grade

MeasureThis charityScore (0–100)
ReservesMonths of spending covered by unrestricted net assets.13.5 months86
Revenue spreadHow much revenue rests on one type of income.97% from one source44
Filing recordOn-time, complete filings, year after year.100%100
Program spendingSelf-reported by the filer.0.0%not scored

Scores compare this charity with its peer group; 100 is best. How Charity Clarity rates charities.

Year by year

20202021202220232024grey: revenue · green: spending
Year endedFormRevenueSpendingSurplusNet assetsMonths of spendingStaffGrade
Dec 2024Form 990-EZ$163K$154K$8,770$173K13.5C
Dec 2023Form 990-EZ$76K$109K−$33K$164K18.0C
Dec 2022Form 990$246K$76K$170K$197K31.00F
Dec 2021Form 990-EZ$135K$121K$14K$28K2.8C
Dec 2020Form 990-EZ$75K$61K$14K$14K2.7C

From the organisation’s own IRS filings. “Months of spending” is total net assets divided by a month of that year’s spending. A blank grade means that year was not rated.

Read the filings

Every figure here comes from the returns this charity filed with the IRS. These sites show the full returns and more about the organisation:

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