Is Creative Beginnings Childdevelopment Center Inc Legit?

Quick charity verification for Creative Beginnings Childdevelopment Center Inc (EIN: 205220213)

Verdict: Creative Beginnings Childdevelopment Center Inc appears trustworthy

85/100Mission Score
$980KRevenue
$1.0MAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Creative Beginnings Childdevelopment Center Inc demonstrates a generally stable financial position, with assets consistently exceeding liabilities over the past decade. However, recent filings show some fluctuations in financial health. In 2023, the organization reported expenses of $942,629 against revenues of $801,900, indicating a deficit for the year. This contrasts with 2022, where revenues of $1,607,198 significantly outpaced expenses of $1,172,700, resulting in a substantial surplus. The organization's assets have grown from $596,940 in 2020 to $1,020,657 in 2023, suggesting a healthy accumulation of resources over time, despite the recent operational deficit. The consistent reporting of 0% officer compensation across all available filings indicates a commitment to minimizing administrative overhead in this area and strong transparency regarding executive pay.

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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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