Is Building Blocks Early Education Centers Inc Legit?
Quick charity verification for Building Blocks Early Education Centers Inc (EIN: 205407568)
Verdict: Building Blocks Early Education Centers Inc appears trustworthy
80/100Mission Score
$0Revenue
$0Assets
2Red Flags
4Strengths
Red Flags
Latest filing shows $0 revenue and assets, contradicting historical multi-million dollar operations.
NTEE Code is unknown, which limits understanding of its specific programmatic focus.
Strengths
Consistent multi-million dollar revenue generation historically.
Significant growth in assets from $1 million in 2011 to over $8 million in 2015.
No reported officer compensation across all available filings, suggesting efficient use of funds.
Expenses generally align with revenue, indicating funds are being utilized for operations.
Spending Breakdown
How Building Blocks Early Education Centers Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Building Blocks Early Education Centers Inc
Is Building Blocks Early Education Centers Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Building Blocks Early Education Centers Inc (EIN: 205407568) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.
Is Building Blocks Early Education Centers Inc a good charity to donate to?
Building Blocks Early Education Centers Inc has a Mission Score of 80/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Building Blocks Early Education Centers Inc?
The Employer Identification Number (EIN) for Building Blocks Early Education Centers Inc is 205407568. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Building Blocks Early Education Centers Inc spend its money?
Building Blocks Early Education Centers Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Building Blocks Early Education Centers Inc's tax-exempt status?
You can verify Building Blocks Early Education Centers Inc's tax-exempt status using EIN 205407568 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Building Blocks Early Education Centers Inc appears to be a well-established organization based on its consistent revenue generation over several years, ranging from $4.1 million to $4.8 million. The organization has shown growth in its asset base, increasing from $1,013,415 in 2011 to over $8 million by 2015, indicating a strong financial position. While the latest filing shows $0 revenue and assets, this is likely an anomaly or a data entry issue, as previous years demonstrate significant financial activity.
The organization's spending efficiency seems reasonable, with expenses generally tracking closely to revenue. For instance, in 2015, expenses were $4,126,482 against revenues of $4,120,187, indicating that most funds are being utilized for operations. The consistent reporting of $0 for officer compensation across all available filings suggests either a volunteer-led executive team or that compensation is reported under other categories, which could impact transparency if not clearly disclosed elsewhere. However, the absence of reported officer compensation directly contributes to a perception of efficient use of funds.
Overall, based on the historical data, Building Blocks Early Education Centers Inc demonstrates a stable financial history with significant assets. The primary concern for transparency would be the discrepancy in the latest filing showing $0 revenue and assets, which requires clarification to fully assess current financial health. Assuming the historical trends are more representative, the organization appears to be managing its finances effectively.