Centro Nueva Creacion-new Creation
Only null% goes to programs Growing revenue
Centro Nueva Creacion-new Creation is a 501(c)(3) organization based in Philadelphia, Pennsylvania, registered in 1995, with $454,248 in FY2023 revenue. CharityIndex grades it B.
185 W Tioga St, Philadelphia, PA, 19140 EIN 23-2800298 Since 1995
Revenue (FY2023)
$454K
▲ 16.1% vs prior year
Community median: $184K
Expenses (FY2023)
$493K
Net assets
$96K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Centro Nueva Creacion-new Creation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
BFinancial health25% of the rating2 mo reserves · -9% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Centro Nueva Creacion-new Creation: 2 mo reserves · -9% margin earns a B on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Centro Nueva Creacion-new Creation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Centro Nueva Creacion-new Creation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 185 W Tioga St, Philadelphia, PA, 19140
- City
- Philadelphia
- State
- Pennsylvania
- Subcategory
- Community & Neighborhood Development
- Website
- …
Financial trends
Revenue grew from $172K (FY2013) to $454K (FY2023) across 9 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $33KNet assets $96K
Operating margin
-8.5%
Spent more than it raised in the latest fiscal year.
Total assets
$129K
Total liabilities
$33K
Net assets
$96K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $454,248▲16.1% | $492,875▲15.9% | $96,083▼28.7% | $128,784▼16.7% | 990 |
| 2022 | $391,102▲10.1% | $425,280▲62.7% | $134,710▼20.2% | $154,611▼17.0% | 990 |
| 2021 | $355,337▲137% | $261,417▲39.3% | $168,888▲119% | $186,197▲64.9% | 990 |
| 2020 | $149,893▼46.5% | $187,698▼21.7% | $77,071▼34.1% | $112,930▼28.2% | 990 |
| 2019 | $279,982▲28.5% | $239,770▼5.2% | $116,979▲48.3% | $157,393▲82.6% | 990 |
| 2018 | $217,944▼14.9% | $252,819▲9.5% | $78,870▼30.7% | $86,176▼31.3% | 990 |
| 2017 | $256,149▲63.9% | $230,990▲41.4% | $113,745▲158% | $125,454▲126% | 990 |
| 2015 | $156,277▼8.9% | $163,392▼9.6% | $44,156▼38.3% | $55,403▼30.1% | 990 |
| 2013 | $171,519 | $180,739▼27.8% | $71,554▼11.4% | $79,258▼12.1% | 990 |
| 2012 | — | $250,450 | $80,774 | $90,175 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $107K total
6 grants to Centro Nueva Creacion-new Creation totaling $107K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Philadelphia Foundation | The goodlands after school/summer enrichment program | 2024 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $6,000 |
| Philadelphia Foundation | General operating support | 2021 | $50,000 |
| Philadelphia Foundation | Staff and board development | 2019 | $15,000 |
| Philadelphia Foundation | Growing out | 2017 | $20,000 |
| Philadelphia Foundation | Fund for children mini-grants | 2015 | $6,000 |
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Frequently asked questions
- Is Centro Nueva Creacion-new Creation a legitimate nonprofit?
- Yes. Centro Nueva Creacion-new Creation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-2800298, based in Philadelphia, Pennsylvania. Donations are tax-deductible.
- What is Centro Nueva Creacion-new Creation's EIN?
- Centro Nueva Creacion-new Creation's Employer Identification Number (EIN) is 23-2800298.
- How much revenue does Centro Nueva Creacion-new Creation report?
- Centro Nueva Creacion-new Creation reported $454,248 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Centro Nueva Creacion-new Creation have?
- CharityIndex grades Centro Nueva Creacion-new Creation B, based on financial health (reserves and operating margin).
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Data for Centro Nueva Creacion-new Creation (EIN 23-2800298) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.