Is Tamworth Pre School Inc Legit?

Tamworth Pre School Inc demonstrates consistent operational activity over the past decade, with annual revenues generally fluctuating between $274,319 and $336,777 in recent years, though a peak of $441,369 was observed in 2012. The organization's financial health appears stable, with assets consistently exceeding liabilities. For instance, in 2023, assets were $131,095 against liabilities of $14,736, indicating a healthy financial position. However, the organization reported a deficit in 2023, with expenses of $348,169 exceeding revenue of $329,309, a trend also seen in 2019, 2018, and 2017. This suggests that while generally stable, the organization occasionally operates at a slight loss, which could impact long-term sustainability if not managed. Spending efficiency is difficult to fully assess without a detailed breakdown of expenses into program, administrative, and fundraising categories, which is not provided in the summary data. However, the consistent operation and relatively stable asset base suggest that funds are being managed to maintain ongoing services. The absence of reported officer compensation across all available filings is a significant positive indicator for transparency and efficient use of funds, as it suggests that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is common for smaller non-profits. Overall, Tamworth Pre School Inc appears to be a transparent organization given the lack of officer compensation and consistent filing history. While there are periods of deficit spending, these are generally minor relative to total revenue and expenses, and the organization maintains a healthy asset-to-liability ratio. Further detailed expense breakdowns would enhance the assessment of spending efficiency.