Is Little Peoples Depot Preschool Inc…

Quick charity verification for Little Peoples Depot Preschool Inc (EIN: 20313429)

Strengths

Zero reported officer compensation: This indicates that resources are likely directed towards program services rather than executive salaries.
Stable asset base: Assets consistently exceed liabilities, demonstrating financial stability for a small organization (e.g., $36,741 assets vs. minimal liabilities in the latest period).
Consistent IRS 990 filings: Six years of filings show good compliance and transparency for a small nonprofit.

Spending Breakdown

How Little Peoples Depot Preschool 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

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 Little Peoples Depot Preschool Inc

Is Little Peoples Depot Preschool Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Little Peoples Depot Preschool Inc (EIN: 20313429) appears trustworthy. Mission Score: 78/100. 1 red flag identified, 3 strengths noted.

Is Little Peoples Depot Preschool Inc a good charity to donate to?

Little Peoples Depot Preschool Inc has a Mission Score of 78/100. Revenue: $44K. Assets: $37K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Little Peoples Depot Preschool Inc?

The Employer Identification Number (EIN) for Little Peoples Depot Preschool Inc is 20313429. 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 Little Peoples Depot Preschool Inc spend its money?

Little Peoples Depot Preschool Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Little Peoples Depot Preschool Inc's tax-exempt status?

You can verify Little Peoples Depot Preschool Inc's tax-exempt status using EIN 20313429 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

Little Peoples Depot Preschool Inc operates as a small, local preschool with consistent revenue and expenses over the past several years. The organization's financial health appears stable, with assets consistently exceeding liabilities, indicating a sound balance sheet. For instance, in 2018, assets were $40,744 against liabilities of $554. However, the organization frequently spends more than it earns, as seen in 2018 where expenses ($50,395) exceeded revenue ($47,282), and in 2013 where expenses ($53,730) exceeded revenue ($46,064). This trend of operating at a slight deficit in some years suggests a need for careful financial management to ensure long-term sustainability, although the deficits are not substantial enough to severely impact its small asset base.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, as the provided data only includes total revenue and expenses. However, given its nature as a preschool, it is reasonable to assume a significant portion of its expenses are directly related to program delivery (e.g., teacher salaries, educational materials). The consistent revenue and expense figures suggest a predictable operational model. The absence of officer compensation reported across all filings indicates that leadership is likely volunteer-based or compensated through other means not categorized as officer compensation, which can contribute to higher program spending ratios.

Transparency is generally good for an organization of this size, with six years of IRS 990 filings available. The consistent reporting of zero officer compensation enhances trust, as it suggests resources are not being diverted to high executive salaries. While more detailed expense breakdowns would further improve transparency, the overall picture is one of a small, community-focused organization with straightforward finances. The consistent filing of 990s demonstrates adherence to regulatory requirements.

Is Little Peoples Depot Preschool Inc Legit?

Verdict: Little Peoples Depot Preschool Inc appears trustworthy

Red Flags