Public Charity

CREA FOUNDATION INC

CREA FOUNDATION INC is a Public Charity headquartered in INDIANAPOLIS, IN. Financial data from the 2025 filing: $484K revenue, $595K expenses, $865K total assets. 3 publicly reported grants to this organization, totaling roughly $33K, appear in IRS filings.

EIN: 853787409 INDIANAPOLIS, IN Scholarships & Student Financial Aid NTEE: B82 Latest filing: 2025
Total Revenue$484K
Total Expenses$595K
Total Assets$865K
Grant Records3
Funding Total$33K
Filing Years2022–2025

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.

Where $100 goes at Crea Foundation Inc

How Crea Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.

$58 Programs the work itself
$24 Management running the organization
$18 Fundraising raising the next dollar

Inside the $58 for programs

$29
Raise, hold, administer, and expense resources to support and fund scholarships or grants to residents of low-income housing communities
50% of program spending
$29
Raise, hold, administer, and expense resources to support and fund scholarships or grants to residents of low-income housing communities
About 50% (cost not reported)
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
GENERAL PROGRAM SUPPORT
$10,000
2023
UNRESTRICTED
$10,534
2022
UNRESTRICTED
$12,630

Showing up to 5 of 3 total records — full history available with membership.

Officers & Directors

MEMBER Brian Villa
MEMBER Charles Anderson
CHAIR Jeff Whiting
MEMBER Jill Edwards
MEMBER Katy Mcshane
MEMBER Laurie Levitt Schoenburg

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$33,164 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $484K $595K $865K
2024 $554K $257K $641K
2023 $538K $258K $569K
2022 $546K $714K $362K

Between 2022 and 2025, reported annual revenue declined from $546K to $484K (-11%), with total assets most recently reported at $865K.

Interactive year-over-year charts and full filing details available with membership.

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