Quick charity verification for Child Development Center Corporation (EIN: 10560598)
Verdict: Child Development Center Corporation appears trustworthy
80/100Mission Score
$991KRevenue
$1.4MAssets
2Red Flags
4Strengths
Red Flags
Unusually high liabilities in prior years (e.g., $3,000,714 in 2020) without clear explanation in provided data.
Consistent 0% reported officer compensation, which is atypical for an organization of this scale and warrants further inquiry into executive structure and compensation practices.
Strengths
Consistent filing of IRS 990 forms over 13 periods, demonstrating regulatory compliance and transparency.
Significant reduction in liabilities from $3,000,714 in 2020 to $72,160 in 2023, indicating improved financial health.
Revenues and expenses are closely aligned in recent years (e.g., 2023 revenue $832,075 vs. expenses $831,130), suggesting stable operations.
Stable asset base over the past decade, indicating consistent financial footing.
Spending Breakdown
How Child Development Center Corporation 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 Child Development Center Corporation
Is Child Development Center Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Child Development Center Corporation (EIN: 10560598) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.
Is Child Development Center Corporation a good charity to donate to?
Child Development Center Corporation has a Mission Score of 80/100. Revenue: $991K. Assets: $1.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Child Development Center Corporation?
The Employer Identification Number (EIN) for Child Development Center Corporation is 10560598. 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 Child Development Center Corporation spend its money?
Child Development Center Corporation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Child Development Center Corporation's tax-exempt status?
You can verify Child Development Center Corporation's tax-exempt status using EIN 10560598 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
The Child Development Center Corporation demonstrates consistent financial activity, with revenues and expenses generally in close proximity, indicating a stable operational model. For example, in 2023, revenue was $832,075 against expenses of $831,130. The organization's assets have remained relatively stable over the past decade, hovering around $1.2 million to $1.5 million. A notable aspect is the reported 0% officer compensation across all available filings, which suggests either a volunteer-led executive team or compensation is categorized differently, warranting further investigation for complete transparency. The organization's liabilities, however, show a significant fluctuation, peaking around $3 million in 2020 and then decreasing substantially to $72,160 in 2023, which is a positive trend but the initial high levels are a point of concern.
Spending efficiency appears reasonable given the close alignment of revenues and expenses in recent years. The lack of reported officer compensation could contribute to a higher proportion of funds being directed towards programs, assuming other administrative costs are also well-managed. The dramatic reduction in liabilities from 2020 to 2023 is a strong indicator of improved financial management and stability. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The consistent filing of IRS 990 forms over 13 periods demonstrates a commitment to regulatory transparency.