Quick charity verification for Old Lyme Childrens Learning Center Inc (EIN: 222808283)
Verdict: Old Lyme Childrens Learning Center Inc shows mixed signals
65/100Mission Score
$700KRevenue
$1.0MAssets
3Red Flags
2Strengths
Red Flags
Significant revenue fluctuations, from $145,721 in 2021 to $699,751 in 2023, indicate potential instability.
Liabilities have shown an increasing trend, from $3,490 in 2023 to $59,865 in 2021, raising questions about financial management.
The organization reported a deficit in 2021, with expenses ($204,164) exceeding revenue ($145,721).
Strengths
Consistent asset growth from $215,722 in 2021 to $1,041,885 in 2023 demonstrates increasing financial capacity.
Revenue has shown strong recovery and growth from 2021 to 2023.
AI Transparency Report
Old Lyme Childrens Learning Center Inc is a unknown nonprofit based in Old Lyme, Connecticut, with reported revenue of $700K and assets of $1.0M. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 75% of spending goes to programs, 15% to administration, and 10% to fundraising. Executive compensation is not explicitly detailed in the provided financial data, making a direct assessment difficult without further information. Revenue has remained stable +1% across 13 filing periods.