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Generally speaking, I think it would be a bit tough to handle. Not because of any posted content, but because the majority of pre-teens are not mature enough to deal with the type of criticism they would receive here. Worst thing that could happen is a kid could have a bad reaction to a critique that resulted in them never doing any creative writing again. As fickle as kids are, they might swear off writing and never look back.

If they want to write, this is the point in their lives where they should be exercising their imaginations, coming up with ideas, absorbing inspirations, and trying to write what they want without worrying about adhering to writing rules or dealing with criticism that, while constructive to an adult, could damage the drive of a young person. They should not touch critique groups or self-publishing until they have the maturity to handle it. The first time I posted writing to any kind of online critique group was when I was sixteen, and I found the criticism tough to handle THEN. I can only imagine what would have happened if I had the Internet when I was twelve. I probably would have been scared off from writing forever.

Not to say that I agree with the extremist positive reinforcement philosophy that has crept into our society, but that really is the age of encouragement. Not the age where young writers need to be beaten down with criticism. Let the kids be kids. There will be plenty of time for fine-tuning later on if this turns out to be something they want to do.

I just came across this artist. She is a design student who is self-admittedly undercharging for her services as she is still learning and wants to develop a strong portfolio. Her custom covers start at $50 for ebook and $80 for print and she works with a variety of genres.

http://www.ambercovers.com

The Writer's Cafe at kboards.com is a good resource for finding artists, editors, and formatters. They have a "Yellow Pages" thread for author services, and providers are allowed their own thread to advertise their services. That's how I found Keith. I would recommend researching as many artists as possible to be sure their style is the right fit for your story. Here are a few others whose artwork I enjoy:

Laura Gomez: http://peipp.deviantart.com (did the cover/back for the aforementioned Babyface Fire)
Brad Faunfelter: http://www.bfillustration.com/index.html
Ebook Launch: http://ebooklaunch.com/ebook-cover-design/
Jamie Noble: http://thenobleartist.com/
Mike Gauss: http://helmuttt.deviantart.com/
Craig Spearing: www.craigspearing.com
Tom Edwards: http://tomedwardsconcepts.deviantart.com/

That article is about Kindle Unlimited, which has nothing to do with sales and royalties. Unlimited is a program where your book is made free to borrow for Unlimited subscribers, and authors are paid for the borrows by the number of overall borrows vs. the money Amazon pays into the program in a given month ($6,000,000 / 4,000,000 borrows = $1.50 per borrow, for example).

You're enrolled into Unlimited if you choose Select for a book, and you have to be exclusive to Amazon for the duration that you're in the program. But Select is optional. You can still sell on Amazon through KDP and put the book on other platforms as well.

If you're doing well on other platforms, I would not use Select. It's too big a gamble to throw away those full sales royalties in the hope that you get enough borrows to make up for the lost revenue. I currently have The Law of Eight series in Select, but I will probably leave once I get the third book out. That way I can put Book 1 on other platforms, force Amazon to price match it to free, and drive sales to the rest of the series that way.

They're Createspace partners who sell books whose authors have chosen the Expanded Distribution option. Any sales and royalties should eventually show up on your Createspace account.