Quick charity verification for Variety Child Learning Center (EIN: 112157326)
Verdict: Variety Child Learning Center appears trustworthy
90/100Mission Score
$25.2MRevenue
$9.9MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation into how leadership is compensated.
Strengths
Strong asset base relative to liabilities ($8.3M assets vs. $2.8M liabilities in 202306).
Consistent revenue growth over the past decade, from $14.4M in 2014 to $21.8M in 2023.
No reported officer compensation, suggesting a strong commitment to minimizing top-level administrative costs or a volunteer leadership model.
Generally stable financial operations with revenues often exceeding or closely matching expenses.
Spending Breakdown
How Variety Child Learning 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 Variety Child Learning Center
Is Variety Child Learning Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Variety Child Learning Center (EIN: 112157326) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Variety Child Learning Center a good charity to donate to?
Variety Child Learning Center has a Mission Score of 90/100. Revenue: $25.2M. Assets: $9.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Variety Child Learning Center?
The Employer Identification Number (EIN) for Variety Child Learning Center is 112157326. 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 Variety Child Learning Center spend its money?
Variety Child Learning Center allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Variety Child Learning Center's tax-exempt status?
You can verify Variety Child Learning Center's tax-exempt status using EIN 112157326 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
Variety Child Learning Center demonstrates a consistent operational history with revenues generally exceeding or closely matching expenses over the past decade. In the latest filing (202306), the organization reported revenues of $21,879,184 against expenses of $22,135,984, indicating a slight operational deficit for that period. However, the prior year (202206) showed a healthy surplus of over $2 million ($21,867,725 revenue vs. $19,767,445 expenses), suggesting financial stability over time. The organization's assets have fluctuated but remained robust, with $8,306,253 in assets and $2,829,434 in liabilities in the most recent filing, indicating a strong financial position with a healthy asset-to-liability ratio.
The organization's transparency is commendable, particularly regarding executive compensation. The consistent reporting of 0% for Officer Compensation across all available filings is a significant positive indicator, suggesting that the organization's leadership may be volunteer-based or compensated through other means not categorized as 'officer compensation' on the 990, which warrants further investigation but initially appears to prioritize mission over high executive salaries. This practice, if it means no compensation for top officers, would contribute positively to public trust and efficient use of funds.
While specific program, administrative, and fundraising expense breakdowns are not provided in the raw data, the overall financial trends suggest a well-managed organization. The consistent revenue growth from $14.4 million in 2014 to over $21.8 million in 2023 indicates strong support and demand for its services. The organization's ability to maintain substantial assets relative to its liabilities further reinforces its financial health and capacity to sustain its operations.