Quick charity verification for Interlakes Day Care Center Inc (EIN: 20304479)
Verdict: Interlakes Day Care Center Inc appears trustworthy
90/100Mission Score
$339KRevenue
$229KAssets
2Red Flags
5Strengths
Red Flags
Unusually low liabilities in the latest period compared to prior years, which could warrant further investigation into the nature of the reduction.
Consistent 0% officer compensation, while positive, is unusual for an organization of this size and could imply alternative compensation structures or significant volunteer leadership.
Strengths
Consistent reporting of 0% officer compensation, indicating strong resource allocation towards mission.
Healthy asset-to-liability ratio, with assets of $229,239 and liabilities of $13,939 in 202309.
Long history of consistent IRS 990 filings (13 filings), demonstrating transparency.
Revenues generally cover expenses, indicating sustainable operations (e.g., $338,670 revenue vs. $328,559 expenses in 202309).
Significant reduction in liabilities over recent years, from $98,825 in 201909 to $13,939 in 202309.
Spending Breakdown
How Interlakes Day Care Center Inc 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 Interlakes Day Care Center Inc
Is Interlakes Day Care Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Interlakes Day Care Center Inc (EIN: 20304479) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
Is Interlakes Day Care Center Inc a good charity to donate to?
Interlakes Day Care Center Inc has a Mission Score of 90/100. Revenue: $339K. Assets: $229K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Interlakes Day Care Center Inc?
The Employer Identification Number (EIN) for Interlakes Day Care Center Inc is 20304479. 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 Interlakes Day Care Center Inc spend its money?
Interlakes Day Care Center Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Interlakes Day Care Center Inc's tax-exempt status?
You can verify Interlakes Day Care Center Inc's tax-exempt status using EIN 20304479 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
Interlakes Day Care Center Inc demonstrates consistent financial operations, with revenues generally exceeding expenses or remaining very close, as seen in the latest 202309 period where revenue was $338,670 against expenses of $328,559. The organization maintains a healthy asset base relative to its liabilities, with assets of $229,239 and liabilities of $13,939 in the most recent filing, indicating good financial stability. Their NTEE code P33Z suggests a focus on child day care, aligning with their mission.
The organization's spending efficiency appears strong, particularly given that officer compensation has consistently been reported as 0% across all available filings. This suggests that resources are primarily directed towards program delivery and operational costs rather than executive salaries. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation is a positive indicator of efficient resource allocation.
Transparency is good, with 13 years of consistent IRS 990 filings available. The detailed financial data provided, including revenue, expenses, assets, and liabilities, allows for a clear understanding of the organization's financial trajectory. The consistent reporting of zero officer compensation further enhances their transparency regarding leadership remuneration.