Quick charity verification for Framingham Centre Nursery Schoolinc (EIN: 205296806)
Verdict: Framingham Centre Nursery Schoolinc appears trustworthy
90/100Mission Score
$530KRevenue
$234KAssets
1Red Flags
4Strengths
Red Flags
Significant drop in assets from $314,365 in 202206 to $244,273 in 202306, warranting further investigation into the cause.
Strengths
Consistent reporting of 0% officer compensation, indicating high efficiency and dedication of resources to programs.
Generally positive net income in recent years, demonstrating sound financial management (e.g., $493,576 revenue vs. $416,021 expenses in 202306).
Healthy asset base relative to liabilities, suggesting good financial health and resilience.
Clear mission alignment with NTEE code B21 (Preschools, Child Day Care).
Spending Breakdown
How Framingham Centre Nursery Schoolinc 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 Framingham Centre Nursery Schoolinc
Is Framingham Centre Nursery Schoolinc a legitimate charity?
Based on AI analysis of IRS 990 filings, Framingham Centre Nursery Schoolinc (EIN: 205296806) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Framingham Centre Nursery Schoolinc a good charity to donate to?
Framingham Centre Nursery Schoolinc has a Mission Score of 90/100. Revenue: $530K. Assets: $234K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Framingham Centre Nursery Schoolinc?
The Employer Identification Number (EIN) for Framingham Centre Nursery Schoolinc is 205296806. 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 Framingham Centre Nursery Schoolinc spend its money?
Framingham Centre Nursery Schoolinc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Framingham Centre Nursery Schoolinc's tax-exempt status?
You can verify Framingham Centre Nursery Schoolinc's tax-exempt status using EIN 205296806 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
Framingham Centre Nursery School Inc. demonstrates a generally stable financial position, with recent revenues consistently exceeding expenses, as seen in the 202306 period where revenue was $493,576 against expenses of $416,021. This indicates sound operational management and a capacity to build reserves. The organization's assets have fluctuated, reaching a high of $314,365 in 202206 before a slight decrease to $244,273 in 202306, which is still a healthy level relative to its liabilities. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries.
The school's financial health appears robust, especially considering its recovery from a period in 202106 where expenses ($213,218) exceeded revenue ($146,102). The subsequent years show a positive trend, with revenue growth and controlled expenses. The organization's NTEE code B21 (Preschools, Child Day Care) aligns with its name, suggesting a clear program focus. The absence of officer compensation also suggests a lean administrative structure, which typically translates to higher spending efficiency on programs. Overall, the financial data points to a well-managed and transparent organization.