Positive trend in net assets, growing from $219,283 in 2018 to $616,806 in 2023.
Spending Breakdown
How Carriage House Day Care Center 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 Carriage House Day Care Center Inc
Is Carriage House Day Care Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Carriage House Day Care Center Inc (EIN: 223075628) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
Is Carriage House Day Care Center Inc a good charity to donate to?
Carriage House Day Care Center Inc has a Mission Score of 85/100. Revenue: $934K. Assets: $635K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Carriage House Day Care Center Inc?
The Employer Identification Number (EIN) for Carriage House Day Care Center Inc is 223075628. 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 Carriage House Day Care Center Inc spend its money?
Carriage House Day Care Center Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Carriage House Day Care Center Inc's tax-exempt status?
You can verify Carriage House Day Care Center Inc's tax-exempt status using EIN 223075628 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
Carriage House Day Care Center Inc is a unknown nonprofit based in Meriden, Connecticut, with reported revenue of $934K and assets of $635K. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 85% of spending goes to programs, 10% to administration, and 5% to fundraising. • 2023 filings show total expenses of $976,388 against revenues of $934,352, indicating a slight operational deficit.
• The organization consistently maintains a healthy asset base, with $616,806 in assets reported in 2023.
• Liabilities remain low, at $99,851 in 2023, suggesting good financial management. Executive compensation is not explicitly detailed in the provided data, but the consistent low liability and strong asset base suggest responsible financial stewardship without excessive executive payouts. Revenue has grown +40% across 13 filing periods.