Creation Foundation
Also known as Dayspring Academy for Education and the Arts
Creation Foundation reported $45.5 million in revenue and $19.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $88.68 went to program services, $11.32 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 56.8% of the total. The highest compensation it reported for one person was $121,834 (CEO). 2 people received more than $100,000 in reportable compensation. Revenue rose 482% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $20MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $45MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 88.7% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 11.3% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 56.8% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 34.9% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $121,834 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.62% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 2 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 17.0 | 13.3 |
| Independent voting board members Part VI 1a–1b | 7 of 7 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseHighest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO Key employee, 40.00 hrs/week | $121,834 | $0 | $0 | $121,834 |
| CFO Key employee, 40.00 hrs/week | $103,453 | $0 | $0 | $103,453 |
2 people received more than $100,000 in reportable compensation from Creation Foundation (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b7 · 7 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13No
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5366
- Volunteers Part I, line 6200
Private foundation grants it received
2 private foundations reported grants to Creation Foundation totaling $1.2M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Creation Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Creation Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Creation Foundation spent in FY2025, $88.68 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Millbrook SchoolMillbrook, NY · revenue $45M · programs 77.0% · FY2025
- College of Our Lady of the ElmsChicopee, MA · revenue $46M · programs 75.8% · FY2025
- Fort Worth Country Day SchoolFort Worth, TX · revenue $45M · programs 76.9% · FY2025
- Florida Memorial UniversityMiami Gardens, FL · revenue $46M · programs 70.3% · FY2025
- Illinois College of OptometryChicago, IL · revenue $45M · programs 76.6% · FY2025
Questions people ask
How much of Creation Foundation's spending goes to programs?
In the fiscal year ending June 30, 2025, Creation Foundation reported that 88.7% of its $19.6 million in expenses went to program services, 11.3% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Creation Foundation pay its top executive?
The largest total compensation Creation Foundation reported for one person in the fiscal year ending June 30, 2025 was $121,834, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Creation Foundation get its money?
Of $45.5 million in revenue in the fiscal year ending June 30, 2025, 56.8% came from contributions and grants and 34.9% from program service revenue (Form 990, Part VIII).
Is Creation Foundation a registered charity?
The IRS lists EIN 59-3631650 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202630139349300048 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202403209349303010 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202322839349300902 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202310319349300111 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202240199349300019 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202013539349300416 · read the filing
All filings for EIN 59-3631650: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.