AI Transparency Report
Small Wonder Pre School Inc. demonstrates consistent operational activity, with revenues and expenses generally in a similar range over the past decade, typically around $2.2 million to $2.4 million annually. The organization's financial health shows some volatility, with assets fluctuating significantly, from a low of $104,897 in 2018 to a high of $392,451 in 2022, before dropping to $116,317 in 2023. Liabilities have often exceeded assets, indicating a reliance on current funding for operations rather than substantial reserves. The latest available revenue of $5,095,405 and assets of $1,654,276 suggest a recent significant increase in scale, which is not fully reflected in the historical filing data provided, indicating a potential growth spurt or a different reporting period for the 'latest' figures. This discrepancy warrants further investigation to understand the organization's current financial standing.
Spending efficiency appears to be focused heavily on program delivery, given the nature of a pre-school. Without detailed expense breakdowns from the 990s, it's challenging to precisely quantify administrative and fundraising ratios. However, the consistent zero officer compensation reported across all available filings suggests a lean approach to executive pay, which is a positive indicator for donor confidence. The organization consistently spends nearly all its revenue on expenses, often operating at a slight deficit or surplus, which is common for service-oriented nonprofits.
Transparency is generally good through its consistent 990 filings. The absence of officer compensation is a notable point of transparency. However, the significant jump in 'Latest Revenue' and 'Assets' compared to the historical 990 filings provided (which show revenues around $2.3 million and assets under $400,000) creates a potential transparency gap. Donors would benefit from understanding the source and impact of this substantial growth, and how it aligns with the historical operational patterns.