Charity Search / CREATIVE CHILDRENS ACADEMY
Education (B27Z) IRS Verified DX Registered 990 on File

CREATIVE CHILDRENS ACADEMY

EIN: 36-3196542 · PALATINE, IL 60067-3564 · United States · FY 2025 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 81/100
Reliability (20%) 70/100
Effectiveness (25%) 100/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Mission Statement

Quest Academy provides gifted children with a challenging curriculum and a nurturing environment. Our program emphasizes sound character along with scholarship and creativity in both the academics and the arts. The Quest community values the individuality of each child and encourages each to strive for personal excellence.

Financial Overview — FY 2025
$7.5M
Total Revenue
$6.6M
Total Expenses
$8.4M
Net Assets
82
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 83.1%
Fundraising Efficiency 56.2%
Operating Reserve 15.14x
Liability-to-Asset 42.4%
Revenue Diversification 92.0%
Executive Compensation $205K
Compared with Peers
FY 2025
Compared with 5,421 similar organizations (United States, Education, $1M–$10M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
83.1% 84.2%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
14.5% 12.9%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
2.3% 0.0%
P10P90
Below median
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
56.2% 60.7%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
15.1 mo 9.0 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
42.4% 21.7%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
92.0% 89.4%
P10P90
Below median
Revenue growth
Year over year revenue growth
7.2% 5.0%
P10P90
Expense growth
Year over year expense growth
4.1% 6.1%
P10P90
Surplus margin
Surplus as a share of revenue
11.6% 3.0%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $7.5M $6.6M $8.4M 83.1% 82
2024 $7.0M $6.4M $7.5M 82.9% 78
2023 $6.6M $6.3M $6.7M 81.5% 77
2022 $6.4M $6.0M $6.1M 80.7% 75
2021 $6.2M $5.2M N/A 79
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Organization Details
EIN
36-3196542
State
IL
City
PALATINE
ZIP
60067-3564
Classification
B27Z
Category
Education
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1982
Foundation Code
11
Form 990
On File
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