Quick charity verification for Tremont Crotona Day Care Center (EIN: 132724087)
Verdict: Tremont Crotona Day Care Center appears trustworthy
70/100Mission Score
$6.5MRevenue
$2.1MAssets
2Red Flags
3Strengths
Red Flags
Consistent 0% reported officer compensation, which is unusual for an organization of this size and revenue, potentially indicating a lack of transparency in executive remuneration.
High liabilities relative to assets, such as $2,450,861 in liabilities against $2,569,466 in assets in 2023, which could indicate reliance on debt or restricted funds.
Strengths
Consistent operation near break-even, indicating sound financial management in matching expenses to revenue.
Long filing history (13 filings) demonstrates sustained operation and compliance.
Stable revenue streams, generally in the range of $4-7 million annually, suggesting consistent demand for services.
Spending Breakdown
How Tremont Crotona Day Care Center allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Tremont Crotona Day Care Center
Is Tremont Crotona Day Care Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Tremont Crotona Day Care Center (EIN: 132724087) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is Tremont Crotona Day Care Center a good charity to donate to?
Tremont Crotona Day Care Center has a Mission Score of 70/100. Revenue: $6.5M. Assets: $2.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Tremont Crotona Day Care Center?
The Employer Identification Number (EIN) for Tremont Crotona Day Care Center is 132724087. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Tremont Crotona Day Care Center spend its money?
Tremont Crotona Day Care Center allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Tremont Crotona Day Care Center's tax-exempt status?
You can verify Tremont Crotona Day Care Center's tax-exempt status using EIN 132724087 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Tremont Crotona Day Care Center demonstrates consistent financial operations, with revenues closely matching expenses across its filing history. For instance, in 2023, revenue was $5,915,261 against expenses of $5,910,039, indicating a tight budget management. The organization's assets have fluctuated, reaching a high of $3,197,936 in 2017 and currently standing at $2,119,317. While the organization's financial health appears stable, the lack of reported officer compensation across all filings raises questions about the transparency of executive remuneration, or if all leadership roles are purely voluntary. Further details on program spending versus administrative and fundraising costs would provide a clearer picture of spending efficiency, as the provided data only shows total expenses.