Is Marble City Daycare Andkindergarten Inc Legit?

Marble City Daycare And Kindergarten Inc. demonstrates consistent financial operations, with revenues and expenses generally balanced over the past decade. In the most recent filing (202312), the organization reported revenues of $412,332 against expenses of $424,065, indicating a slight deficit for that period. However, the prior year (202212) showed a healthy surplus with $503,479 in revenue against $407,382 in expenses. The organization's assets have shown steady growth, reaching $460,770 in 202312, while liabilities remain very low, at $1,481, suggesting strong financial stability and minimal debt. The organization appears to be highly efficient in its spending, as indicated by the 0% officer compensation reported across all available filings. This suggests that resources are primarily directed towards program delivery and operational costs rather than executive salaries. While specific program spending ratios are not provided in the raw data, the absence of executive compensation is a positive indicator of resource allocation. The consistent filing history over 14 periods also points to good transparency and adherence to regulatory requirements. Overall, Marble City Daycare And Kindergarten Inc. appears to be a financially stable and efficiently managed nonprofit. Its consistent operations, low liabilities, and lack of reported officer compensation suggest a strong commitment to its mission. The slight deficit in the most recent year should be monitored, but it follows a year of significant surplus, indicating a generally healthy financial pattern.