Quick charity verification for West Street Day Care Center Inc (EIN: 132642029)
Verdict: West Street Day Care Center Inc appears trustworthy
85/100Mission Score
$2.6MRevenue
$1.9MAssets
1Red Flags
5Strengths
Red Flags
Minor deficit in 2023 ($24,365) where expenses exceeded revenue, though not a consistent trend.
Strengths
Consistent revenue growth over the past decade, from $1.5M in 2014 to $2.1M in 2023.
Significant growth in assets, more than doubling from $497,784 in 2020 to $1,137,647 in 2023.
0% officer compensation reported across all filings, indicating efficient use of funds.
Consistent filing of IRS 990 forms, demonstrating transparency.
Low liabilities relative to assets, with liabilities at $295,715 against assets of $1,137,647 in 2023.
Spending Breakdown
How West Street Day Care Center Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 West Street Day Care Center Inc
Is West Street Day Care Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, West Street Day Care Center Inc (EIN: 132642029) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
Is West Street Day Care Center Inc a good charity to donate to?
West Street Day Care Center Inc has a Mission Score of 85/100. Revenue: $2.6M. Assets: $1.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for West Street Day Care Center Inc?
The Employer Identification Number (EIN) for West Street Day Care Center Inc is 132642029. 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 West Street Day Care Center Inc spend its money?
West Street Day Care Center Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify West Street Day Care Center Inc's tax-exempt status?
You can verify West Street Day Care Center Inc's tax-exempt status using EIN 132642029 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
West Street Day Care Center Inc demonstrates a generally stable financial position with consistent revenue growth over the past several years, increasing from $1,519,679 in 2014 to $2,175,643 in 2023. The organization's assets have also shown significant growth, particularly from $497,784 in 2020 to $1,137,647 in 2023, indicating a strengthening balance sheet. While expenses have generally tracked revenue, the 2023 filing shows expenses ($2,200,008) slightly exceeding revenue ($2,175,643), resulting in a minor deficit for that period. However, this is not a consistent trend, as previous years often showed surpluses.
The organization appears to be efficient in its spending, with no reported officer compensation, which suggests resources are directed towards its mission. The lack of detailed expense breakdowns in the provided data makes a precise assessment of program versus administrative spending challenging, but the absence of executive compensation is a positive indicator of resource allocation. The consistent filing of IRS 990 forms over 13 periods demonstrates a commitment to transparency.
Overall, West Street Day Care Center Inc appears to be a financially sound organization with a positive trajectory in asset growth and consistent revenue generation. The minor deficit in 2023 warrants monitoring but does not indicate a systemic issue given the overall financial health. The absence of officer compensation is a notable strength in terms of spending efficiency.