Is Lake Bowen Church Child Development Center Legit?

Quick charity verification for Lake Bowen Church Child Development Center (EIN: 10793953)

Verdict: Lake Bowen Church Child Development Center appears trustworthy

90/100Mission Score
$490KRevenue
$192KAssets
1Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

Lake Bowen Church Child Development Center demonstrates generally sound financial health with consistent revenue growth over the past several years, culminating in $827,001 in revenue in the 202307 period. The organization has also shown a healthy increase in assets, from $38,159 in 201407 to $295,583 in 202307, indicating good financial management and accumulation of resources. Their liabilities have remained very low or zero for most of the periods, with a notable increase to $7,909 in 202207 and $1,261 in 202307, which are still minimal relative to their assets and revenue. The organization appears to be efficient in its spending, with expenses generally tracking below or close to revenue, allowing for asset growth. For instance, in 202307, expenses were $746,026 against $827,001 in revenue. A key strength in transparency is the consistent reporting of 0% officer compensation across all available filings, which suggests that executive leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a positive indicator for donor confidence. The NTEE code P33 (Child Day Care) aligns well with the organization's name, suggesting a clear mission focus.

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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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