Cre-act Inc
Only null% goes to programs Thin reserves
Cre-act Inc is a 501(c)(3) organization based in Tulsa, Oklahoma, registered in 1999, with $131,450 in FY2024 revenue. CharityIndex grades it F.
7010 S Yale Ave Ste 215, Tulsa, OK, 74136 EIN 73-1562165 Since 1999
Revenue (FY2024)
$131K
▼ 0.7% vs prior year
Housing median: $408K
Expenses (FY2024)
$162K
Net assets
-$568K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Cre-act Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -23% 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 Cre-act Inc: 0 mo reserves · -23% margin earns a F 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 Cre-act Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 Cre-act Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 7010 S Yale Ave Ste 215, Tulsa, OK, 74136
- City
- Tulsa
- State
- Oklahoma
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
Financial trends
Revenue grew from $102K (FY2013) to $131K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.0MNet assets -$568K
Operating margin
-22.9%
Spent more than it raised in the latest fiscal year.
Total assets
$477K
Total liabilities
$1.0M
Net assets
-$568K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $131,450▼0.7% | $161,616▼5.2% | -$568,115▼5.6% | $476,815▼6.4% | 990 |
| 2023 | $132,388▲3.5% | $170,483▲24.2% | -$537,949▼7.6% | $509,523▼6.2% | 990 |
| 2022 | $127,871▼0.3% | $137,245▼8.9% | -$499,854▼1.9% | $543,331▼1.8% | 990 |
| 2021 | $128,299▲15.1% | $150,595▲15.9% | -$490,480▼4.8% | $553,294▼4.3% | 990 |
| 2020 | $111,509▼1.0% | $129,975▼12.7% | -$468,184▼4.1% | $578,164▼3.3% | 990 |
| 2019 | $112,657▼1.0% | $148,932▲9.7% | -$449,718▼8.8% | $597,740▼4.0% | 990 |
| 2018 | $113,841▼1.8% | $135,762▲1.6% | -$413,443▼5.6% | $622,955▼3.3% | 990 |
| 2017 | $115,936▲5.6% | $133,647▲2.7% | -$391,522▼4.7% | $644,423▼3.7% | 990 |
| 2016 | $109,782▲7.0% | $130,122▼1.0% | -$373,811▼5.8% | $669,208▼3.0% | 990 |
| 2015 | $102,601▲0.6% | $131,428▼1.1% | -$353,471▼8.9% | $689,619▼3.8% | 990 |
| 2014 | $102,017▼0.3% | $132,948▼2.3% | -$324,644▼10.5% | $717,075▼3.3% | 990 |
| 2013 | $102,314 | $136,101▼1.4% | -$293,713▼13.0% | $741,616▼5.2% | 990 |
| 2012 | — | $137,967 | -$259,926 | $782,493 | 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.
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Frequently asked questions
- Is Cre-act Inc a legitimate nonprofit?
- Yes. Cre-act Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 73-1562165, based in Tulsa, Oklahoma. Donations are tax-deductible.
- What is Cre-act Inc's EIN?
- Cre-act Inc's Employer Identification Number (EIN) is 73-1562165.
- How much revenue does Cre-act Inc report?
- Cre-act Inc reported $131,450 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Cre-act Inc have?
- CharityIndex grades Cre-act Inc F, based on financial health (reserves and operating margin).
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Data for Cre-act Inc (EIN 73-1562165) 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.