Nonprofit · EIN 85-3787409
CREA FOUNDATION INC
Tax-exempt · INDIANAPOLIS, IN 46204
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $483,502 | $595,190 | -$111,688 | $865,371 | $443,000 | $422,371 |
| December 31, 2024 | 990 | $554,217 | $257,461 | $296,756 | $640,862 | $106,803 | $534,059 |
| December 31, 2023 | 990 | $538,038 | $258,038 | $280,000 | $569,091 | $331,788 | $237,303 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $461,236
- Program service revenue
- $0
- Investment income
- $22,266
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $478,500
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $13,256
- Program services (functional)
- $478,804
- Management and general (functional)
- $65,006
- Fundraising (functional)
- $51,380
Balance sheet and other
- Total assets, start of year
- $640,862
- Total assets, end of year
- $865,371
- Total liabilities, end of year
- $443,000
- Net assets, end of year
- $422,371
- Net assets without donor restrictions
- $163,241
- Net assets with donor restrictions
- $259,130
- Gross receipts
- $483,502
- Employees
- 0
- Volunteers
- 10
- Year formed
- 2021
- State of legal domicile
- IN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROGER SHANK | EXECUTIVE DI Trustee or director, Officer | 1 | $0 |
| JEFF WHITING | CHAIR Trustee or director, Officer | 1 | $0 |
| KATY MCSHANE | MEMBER Trustee or director | 1 | $0 |
| TONY BERTOLDI | MEMBER Trustee or director | 1 | $0 |
| CHARLES ANDERSON | MEMBER Trustee or director | 1 | $0 |
| BRIAN VILLA | MEMBER Trustee or director | 1 | $0 |
| LAURIE LEVITT SCHOENBURG | MEMBER Trustee or director | 1 | $0 |
| STEFANIE BROWN | MEMBER Trustee or director | 1 | $0 |
| JILL EDWARDS | MEMBER Trustee or director | 1 | $0 |
| PAUL SALIB | MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| ARVETTA JIDEONWO | EXECUTIVE DI Former | – | $0 | $110,633 |
| CHARLES ANDERSON | MEMBER Trustee or director | 1 | $0 | $0 |
| TONY BERTOLDI | MEMBER Trustee or director | 1 | $0 | $0 |
| STEFANIE BROWN | MEMBER Trustee or director | 1 | $0 | $0 |
| KYLE MALONE | MEMBER Trustee or director | 1 | $0 | $0 |
| PAM MCINTYRE | MEMBER Trustee or director | 1 | $0 | $0 |
| KATY MCSHANE | MEMBER Trustee or director | 1 | $0 | $0 |
| LAURIE LEVITT SCHOENBURG | MEMBER Trustee or director | 1 | $0 | $0 |
| ROGER SHANK | MEMBER Trustee or director, Officer | 1 | $0 | $0 |
| BRIAN VILLA | MEMBER Trustee or director | 1 | $0 | $0 |
| JEFF WHITING | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ARVETTA JIDEONWO | EXECUTIVE DI Trustee or director, Officer | 30 | $0 | $162,776 | $18,034 |
| CHARLES ANDERSON | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| TONY BERTOLDI | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| STEFANIE BROWN | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| KYLE MALONE | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| PAM MCINTYRE | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| KATY MCSHANE | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| LAURA LEVITT SCHOENBURG | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ROGER SHANK | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| BRIAN VILLA | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JEFF WHITING | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 30 S MERIDIAN ST STE 400, INDIANAPOLIS, IN 46204-3565
- Mailing address (990-N for 2020)
- 30 South Meridian Street Suite 400, Indianapolis IN 46204
- Principal officer (990 for 2025)
- ROGER SHANK, 30 S MERIDIAN ST STE 400, INDIANAPOLIS, IN 46204
- Principal officer (990-N for 2020)
- Arvetta L Jideonwo, 30 South Meridian Street Suite 400, Indianapolis IN 46204
- Signed the 990
- ROGER SHANK, EXECUTIVE DIRECTOR
- Phone
- (317) 634-4797
- Return prepared by
- L M HENDERSON & COMPANY LLP
Mission
THROUGH STRATEGIC PARTNERSHIPS, CREA FOUNDATION SEEKS TO IMPROVE THE LIVES OF YOUTH AND YOUNG ADULTS FACING FINANCIAL BARRIERS TO SUCCESS IN THE COMMUNITIES WE SERVE BY CREATING OPPORTUNITIES TO FURTHER THEIR LEARNING, DEVELOPMENT AND EDUCATION.
Program accomplishments
- RAISE, HOLD, ADMINISTER, AND EXPENSE RESOURCES TO SUPPORT AND FUND SCHOLARSHIPS OR GRANTS TO RESIDENTS OF LOW-INCOME HOUSING COMMUNITIESExpenses $478,804 · grants $478,500
- RAISE, HOLD, ADMINISTER, AND EXPENSE RESOURCES TO SUPPORT AND FUND SCHOLARSHIPS OR GRANTS TO RESIDENTS OF LOW-INCOME HOUSING COMMUNITIES
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 85-3787409
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $865,371
- Income (IRS master file)
- $483,502
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $483,502 | $595,190 | $865,371 | XML |
| 990 | December 2024 | $554,217 | $257,461 | $640,862 | XML |
| 990 | December 2023 | $538,038 | $258,038 | $569,091 | XML |
| 990 | December 2022 | $546,041 | $714,237 | $362,303 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: Arvetta L Jideonwo | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 85-3787409).
Questions about CREA FOUNDATION INC
- What is the EIN of CREA FOUNDATION INC?
- The employer identification number (EIN) of CREA FOUNDATION INC is 85-3787409.
- Is CREA FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to CREA FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CREA FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CREA FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CREA FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of CREA FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names ROGER SHANK.
- Who are the officers and directors of CREA FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does CREA FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $483,502, expenses of $595,190 and total assets of $865,371 at year end.
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