Is Tender Loving Care Center For Children Legit?

Quick charity verification for Tender Loving Care Center For Children (EIN: 208023787)

Verdict: Tender Loving Care Center For Children appears trustworthy

75/100Mission Score
$5.9MRevenue
$9.5MAssets
3Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Tender Loving Care Center For Children demonstrates a mixed financial picture. While the organization has shown significant growth in revenue and assets over the past few years, with revenue peaking at $5,897,368 in 2022 and assets reaching $9,488,058 currently, there are inconsistencies in its financial performance. For instance, in 2022, expenses ($5,992,936) exceeded revenue, indicating a deficit for that period. However, in 2023, the organization reported a surplus with revenue of $3,245,904 against expenses of $3,226,678. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that executive compensation is not reported in this category, which would warrant further investigation. The substantial increase in assets from $4,676,300 in 2023 to $9,488,058 currently, without a corresponding revenue surge in the latest reported period, suggests significant asset acquisition or revaluation, which could be a positive indicator of growth or a point for further inquiry into funding sources and asset types. Overall, the organization appears to be growing, but with some variability in annual financial outcomes.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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