Is Charlestown Cooperative Nurseryschool Inc Legit?

Quick charity verification for Charlestown Cooperative Nurseryschool Inc (EIN: 208277040)

Verdict: Charlestown Cooperative Nurseryschool Inc appears trustworthy

90/100Mission Score
$2.1MRevenue
$1.9MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

Charlestown Cooperative Nurseryschool Inc demonstrates consistent financial stability and growth over the past decade, with revenues steadily increasing from $911,983 in 2015 to $2,148,601 in 2024. The organization consistently operates with a positive net income, as seen in the 2024 period where revenue of $2,148,601 exceeded expenses of $2,137,787, resulting in a surplus. This indicates sound financial management and an ability to cover operational costs. The organization's asset base has also shown significant growth, nearly doubling from $1,071,864 in 2015 to $2,433,170 in 2024, suggesting a healthy accumulation of resources. Liabilities have also increased, but at a slower rate than assets, maintaining a healthy asset-to-liability ratio. The consistent reporting of 0% officer compensation across all available filings indicates a high degree of transparency regarding executive pay and suggests that leadership may be volunteer-based or compensated through other means not categorized as 'officer compensation' on the 990, which is a positive sign for donor confidence. Overall, Charlestown Cooperative Nurseryschool Inc appears to be a financially well-managed and transparent organization, effectively growing its resources while maintaining operational efficiency. The consistent surpluses and asset growth point to a sustainable model for delivering its mission.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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