5 Cs Child Care Centers
EIN: 263952548 · Olympia, WA · NTEE: P22
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1.3M |
| Net Assets | $315K |
Is 5 Cs Child Care Centers Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About 5 Cs Child Care Centers
5 Cs Child Care Centers (EIN: 263952548) is a nonprofit organization based in Olympia, WA, classified under NTEE code P22. The organization reported total revenue of $1.4M and total assets of $472K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 5 Cs Child Care Centers's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
5 Cs Child Care Centers is a mid-size nonprofit that has been operating for 17 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-56,109 |
| Total Assets | $359K |
| Total Liabilities | $44K |
| Net Assets | $315K |
| Operating Margin | -4.5% |
| Debt-to-Asset Ratio | 12.3% |
| Months of Reserves | 3.3 months |
Financial Health Grade: B
In 2023, 5 Cs Child Care Centers reported a deficit of $56K with expenses exceeding revenue, holds 3.3 months of operating reserves (adequate), has a debt-to-asset ratio of 12.3% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), 5 Cs Child Care Centers's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.5% | +12.4% | -13.7% |
| 2022 | -22.4% | +8.6% | -4.3% |
| 2021 | +66.3% | +5.5% | +104.2% |
| 2020 | -17.3% | -5.3% | +54.4% |
| 2019 | +5.3% | +5.4% | +2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for 5 Cs Child Care Centers has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates 5 Cs Child Care Centers with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $56K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.3%.
Frequently Asked Questions about 5 Cs Child Care Centers
Is 5 Cs Child Care Centers a legitimate charity?
5 Cs Child Care Centers (EIN: 263952548) is a registered tax-exempt nonprofit based in Washington. It has 14 years of IRS 990 filings on record. Total revenue: $1.4M. No red flags identified. Financial health grade: B.
How does 5 Cs Child Care Centers spend its money?
5 Cs Child Care Centers reported $1.4M in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to 5 Cs Child Care Centers tax-deductible?
5 Cs Child Care Centers is registered as a tax-exempt nonprofit (EIN: 263952548). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is 5 Cs Child Care Centers located?
5 Cs Child Care Centers is headquartered in Olympia, Washington and files with the IRS under EIN 263952548. It is classified under NTEE code P22.
How many years of IRS 990 filings does 5 Cs Child Care Centers have?
5 Cs Child Care Centers has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.4M in total revenue.
Filing History
IRS 990 filing history for 5 Cs Child Care Centers showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), 5 Cs Child Care Centers's revenue has grown by 78.3%, moving from $693K to $1.2M. Total assets increased by 1018.5% over the same period, from $32K to $359K. Total functional expenses rose by 83.3%, from $705K to $1.3M. In its most recent filing year (2023), 5 Cs Child Care Centers reported a deficit of $56K, with expenses exceeding revenue. The organization holds $44K in liabilities against $359K in assets (debt-to-asset ratio: 12.3%), resulting in net assets of $315K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.3M | $359K | $44K | — | — |
| 2022 | $1.1M | $1.1M | $416K | $45K | — | — |
| 2021 | $1.5M | $1.1M | $434K | $43K | — | View 990 |
| 2020 | $874K | $1.0M | $213K | $216K | — | View 990 |
| 2019 | $1.1M | $1.1M | $138K | $12K | — | View 990 |
| 2018 | $1.0M | $1.0M | $134K | $5K | — | View 990 |
| 2017 | $910K | $888K | $136K | $5K | — | View 990 |
| 2016 | $832K | $818K | $112K | $4K | — | View 990 |
| 2015 | $820K | $799K | $100K | $5K | — | View 990 |
| 2014 | $747K | $753K | $85K | $11K | — | View 990 |
| 2013 | $760K | $750K | $84K | $4K | — | View 990 |
| 2012 | $746K | $708K | $73K | $3K | — | View 990 |
| 2011 | $710K | $706K | $31K | $4K | — | View 990 |
| 2010 | $693K | $705K | $32K | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.3M, and assets of $359K (revenue +9.5% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.1M, and assets of $416K (revenue -22.4% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.1M, and assets of $434K (revenue +66.3% year-over-year).
- 2020: Revenue of $874K, expenses of $1.0M, and assets of $213K (revenue -17.3% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $138K (revenue +5.3% year-over-year).
- 2018: Revenue of $1.0M, expenses of $1.0M, and assets of $134K (revenue +10.2% year-over-year).
- 2017: Revenue of $910K, expenses of $888K, and assets of $136K (revenue +9.4% year-over-year).
- 2016: Revenue of $832K, expenses of $818K, and assets of $112K (revenue +1.5% year-over-year).
- 2015: Revenue of $820K, expenses of $799K, and assets of $100K (revenue +9.7% year-over-year).
- 2014: Revenue of $747K, expenses of $753K, and assets of $85K (revenue -1.6% year-over-year).
- 2013: Revenue of $760K, expenses of $750K, and assets of $84K (revenue +1.8% year-over-year).
- 2012: Revenue of $746K, expenses of $708K, and assets of $73K (revenue +5.2% year-over-year).
- 2011: Revenue of $710K, expenses of $706K, and assets of $31K (revenue +2.4% year-over-year).
- 2010: Revenue of $693K, expenses of $705K, and assets of $32K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 5 Cs Child Care Centers:
Data Sources and Methodology
This transparency report for 5 Cs Child Care Centers 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.