Quick charity verification for Harbor Day Care Center Inc (EIN: 112308879)
Verdict: Harbor Day Care Center Inc appears trustworthy
85/100Mission Score
$15.8MRevenue
$7.1MAssets
1Red Flags
4Strengths
Red Flags
Unusually low or zero reported officer compensation for an organization of this size, which may obscure how leadership is compensated or structured.
Strengths
Consistent revenue growth over multiple periods, indicating strong operational performance.
Positive net asset growth, improving financial stability.
Expenses generally managed close to revenues, suggesting prudent financial oversight.
No reported officer compensation, potentially indicating a highly efficient or volunteer-led executive structure.
Spending Breakdown
How Harbor Day Care Center Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Harbor Day Care Center Inc
Is Harbor Day Care Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Harbor Day Care Center Inc (EIN: 112308879) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Harbor Day Care Center Inc a good charity to donate to?
Harbor Day Care Center Inc has a Mission Score of 85/100. Revenue: $15.8M. Assets: $7.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Harbor Day Care Center Inc?
The Employer Identification Number (EIN) for Harbor Day Care Center Inc is 112308879. 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 Harbor Day Care Center Inc spend its money?
Harbor Day Care Center Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Harbor Day Care Center Inc's tax-exempt status?
You can verify Harbor Day Care Center Inc's tax-exempt status using EIN 112308879 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
Harbor Day Care Center Inc demonstrates consistent financial operations, with revenues generally exceeding expenses in recent years. For the 202408 period, the organization reported revenues of $13,923,247 against expenses of $13,767,609, indicating a slight surplus. This trend of managing expenses close to revenue is observed across multiple periods, suggesting prudent financial management. The organization's assets have shown growth, reaching $6,687,240 in 202408, which is a positive indicator of financial stability, especially when compared to earlier periods like 202008 where assets were $1,696,020.
While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent reporting of zero officer compensation across all available filings suggests a commitment to minimizing overhead in this area. This practice, if it extends to other administrative costs, would contribute positively to spending efficiency. The organization's liabilities have fluctuated but appear manageable relative to its assets, with a liability-to-asset ratio of approximately 0.71 in 202408 ($4,758,514 liabilities / $6,687,240 assets).
Overall, Harbor Day Care Center Inc appears to be a financially stable organization with a history of responsible financial management. The absence of reported officer compensation is a notable positive for transparency and efficiency. Further detailed analysis of their Form 990 would be needed to fully assess program spending efficiency and other operational aspects, but the available data points to a well-managed entity.