1199 Seiu Employer Child Care Corporation

1199 Seiu Employer Child Care Corporation consistently operates near break-even with no reported officer compensation.

EIN: 134063281 · New York, NY · NTEE: P33 · Updated: 2026-03-28

$9.6MRevenue

$6.6MAssets

90/100Mission Score (Excellent)

P33

About 1199 Seiu Employer Child Care Corporation

1199 Seiu Employer Child Care Corporation (EIN: 134063281) is a nonprofit organization based in New York, NY, classified under NTEE code P33. The organization reported total revenue of $9.6M and total assets of $6.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 1199 Seiu Employer Child Care Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

1199 Seiu Employer Child Care Corporation demonstrates consistent financial activity, with revenues and expenses generally balancing out over the past decade, typically hovering around the $8-9 million mark. The organization experienced a notable revenue spike in 2021 to over $12 million, which was largely absorbed by increased expenses, indicating a responsive operational capacity. Their asset base has shown steady growth, nearly doubling from $3.2 million in 2019 to $6.9 million in 2023, suggesting prudent financial management and accumulation of resources. Liabilities have also increased, but the organization maintains a healthy asset-to-liability ratio, indicating solvency.

The organization's spending efficiency appears strong, as evidenced by the consistent near-zero officer compensation reported across all filings, which is a significant positive indicator for a nonprofit of its size. This suggests that resources are primarily directed towards programmatic activities rather than executive salaries. While specific program spending percentages are not detailed in the provided data, the absence of officer compensation implies a high proportion of expenses are likely dedicated to its mission. The consistent filing of IRS Form 990s over 13 periods also points to a commitment to transparency.

Overall, 1199 Seiu Employer Child Care Corporation appears to be a financially stable and efficiently managed organization. Its consistent operational scale, growth in assets, and lack of executive compensation suggest a strong focus on its mission. The organization's financial health is robust, with sufficient assets to cover liabilities, and its spending practices appear to prioritize program delivery.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates 1199 Seiu Employer Child Care Corporation with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 5%
programs: 95%
fundraising: 0%

According to IRS 990 filings, 1199 Seiu Employer Child Care Corporation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly unusual and suggests a strong commitment to directing all funds towards its mission.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for 1199 Seiu Employer Child Care Corporation:

Zero reported officer compensation across all filings, indicating high efficiency.
Consistent financial stability with revenues generally matching expenses.
Healthy growth in assets, nearly doubling from $3.2M in 2019 to $6.9M in 2023.
Consistent filing of IRS Form 990s, demonstrating transparency.
Strong asset-to-liability ratio, indicating financial solvency.

Frequently Asked Questions about 1199 Seiu Employer Child Care Corporation

Is 1199 Seiu Employer Child Care Corporation a good charity?

Based on the provided financial data, the organization appears to be a very good charity. It consistently operates with no reported officer compensation, indicating a strong dedication to its mission, and maintains stable finances with growing assets.

How does 1199 Seiu Employer Child Care Corporation manage its executive compensation?

The organization reports 0% officer compensation in all 13 available IRS 990 filings, meaning no salaries are paid to its officers. This is an exceptional practice for a nonprofit of its size, suggesting a high level of financial efficiency and dedication to its cause.

What is the trend in 1199 Seiu Employer Child Care Corporation's assets?

The organization's assets have shown a strong upward trend, nearly doubling from $3,245,550 in 2019 to $6,979,317 in 2023, indicating healthy financial growth and accumulation of resources.

Did 1199 Seiu Employer Child Care Corporation experience any significant financial fluctuations?

Yes, the organization saw a significant revenue spike in 2021, reaching $12,251,689, up from $8,734,042 in 2020. Expenses also increased proportionally to $10,322,931 in 2021, demonstrating its ability to scale operations.

Filing History

IRS 990 filing history for 1199 Seiu Employer Child Care Corporation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), 1199 Seiu Employer Child Care Corporation's revenue has grown by 15.2%, moving from $7.9M to $9.1M. Total assets increased by 121.2% over the same period, from $3.2M to $7.0M. Total functional expenses rose by 16.4%, from $7.9M to $9.2M. In its most recent filing year (2023), 1199 Seiu Employer Child Care Corporation reported a deficit of $84K, with expenses exceeding revenue. The organization holds $3.4M in liabilities against $7.0M in assets (debt-to-asset ratio: 49.1%), resulting in net assets of $3.6M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$9.1M	$9.2M	$7.0M	$3.4M	—	—
2022	$8.9M	$8.8M	$7.3M	$3.7M	—	View 990
2021	$12.3M	$10.3M	$5.4M	$1.9M	—	View 990
2020	$8.7M	$8.9M	$5.3M	$3.8M	—	View 990
2019	$9.2M	$9.3M	$3.2M	$1.5M	—	View 990
2018	$8.9M	$8.9M	$3.1M	$1.2M	—	View 990
2017	$8.8M	$8.8M	$2.8M	$1.0M	—	—
2016	$8.6M	$8.6M	$2.9M	$1.1M	—	View 990
2015	$8.2M	$7.9M	$3.1M	$1.4M	—	View 990
2014	$8.2M	$7.8M	$2.8M	$1.3M	—	View 990
2013	$8.6M	$7.4M	$3.1M	$2.0M	—	View 990
2012	$7.2M	$7.1M	$3.2M	$3.3M	—	View 990
2011	$7.9M	$7.9M	$3.2M	$3.4M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $9.1M, expenses of $9.2M, and assets of $7.0M (revenue +2.2% year-over-year).
2022: Revenue of $8.9M, expenses of $8.8M, and assets of $7.3M (revenue -27.4% year-over-year).
2021: Revenue of $12.3M, expenses of $10.3M, and assets of $5.4M (revenue +40.3% year-over-year).
2020: Revenue of $8.7M, expenses of $8.9M, and assets of $5.3M (revenue -5.1% year-over-year).
2019: Revenue of $9.2M, expenses of $9.3M, and assets of $3.2M (revenue +3.6% year-over-year).
2018: Revenue of $8.9M, expenses of $8.9M, and assets of $3.1M (revenue +1.0% year-over-year).
2017: Revenue of $8.8M, expenses of $8.8M, and assets of $2.8M (revenue +1.8% year-over-year).
2016: Revenue of $8.6M, expenses of $8.6M, and assets of $2.9M (revenue +6.0% year-over-year).
2015: Revenue of $8.2M, expenses of $7.9M, and assets of $3.1M (revenue -0.2% year-over-year).
2014: Revenue of $8.2M, expenses of $7.8M, and assets of $2.8M (revenue -5.1% year-over-year).
2013: Revenue of $8.6M, expenses of $7.4M, and assets of $3.1M (revenue +18.9% year-over-year).
2012: Revenue of $7.2M, expenses of $7.1M, and assets of $3.2M (revenue -8.3% year-over-year).
2011: Revenue of $7.9M, expenses of $7.9M, and assets of $3.2M.

Data Sources and Methodology

This transparency report for 1199 Seiu Employer Child Care Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

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