Abc Toon Town Ii Educational Center

Abc Toon Town Ii Educational Center shows strong asset growth and no reported officer compensation, despite a recent operating deficit.

EIN: 204301966 · Oak Park, IL · NTEE: P33 · Updated: 2026-03-28

$1.9MRevenue
$1.7MAssets
88/100Mission Score (Excellent)
P33
Abc Toon Town Ii Educational Center Financial Summary
MetricValue
Total Revenue$1.9M
Total Expenses$1.6M
Program Spending85%
CEO/Top Officer Pay$1
Net Assets$1.6M
Transparency Score88/100

Is Abc Toon Town Ii Educational Center Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Abc Toon Town Ii Educational Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Abc Toon Town Ii Educational Center

Abc Toon Town Ii Educational Center (EIN: 204301966) is a nonprofit organization based in Oak Park, IL, classified under NTEE code P33. The organization reported total revenue of $1.9M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Abc Toon Town Ii Educational Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

17Years Operating
Mid-SizeSize Classification
13Years of Filings
GrowingRevenue Trajectory

Abc Toon Town Ii Educational Center is a mid-size nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.6%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$1.4M
Total Expenses$1.6M
Surplus / Deficit$-138,935
Total Assets$1.6M
Net Assets$1.6M
Operating Margin-9.7%
Months of Reserves12.1 months

Financial Health Grade: B

In 2023, Abc Toon Town Ii Educational Center reported a deficit of $139K with expenses exceeding revenue, holds 12.1 months of operating reserves (strong position).

Financial Trends

Over 13 years of filings (2011–2023), Abc Toon Town Ii Educational Center's revenue has grown at a compound annual growth rate (CAGR) of 8.6%.

YearRevenue ChangeExpense ChangeAsset Change
2023+11.9%+63.1%-6.2%
2022+10.8%+9.7%+51.8%
2021+2.9%+24.0%+41.9%
2020+13.2%-1.9%+80.7%
2019+27.8%+8.2%+98.5%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2009

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Abc Toon Town Ii Educational Center demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past decade, increasing from $515,833 in 2014 to $1,434,095 in 2023. The organization has also built up its asset base significantly, from $83,693 in 2014 to $1,585,877 in 2023, indicating sound financial management and accumulation of resources. A notable strength is the consistent reporting of zero liabilities across all available filings, suggesting a very strong balance sheet and minimal debt burden. Spending efficiency appears to be well-managed, particularly given the consistent growth in assets and the absence of liabilities. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial health and growth suggest effective use of funds. The organization's transparency is high regarding executive compensation, as all filings indicate 0% officer compensation, which is a significant positive for a nonprofit of this size. This suggests that leadership is either volunteer-based or compensated through other means not classified as officer compensation, which would require further investigation to fully understand. However, the 2023 filing shows expenses ($1,573,030) exceeding revenue ($1,434,095), resulting in a deficit for that year. While a single year's deficit isn't necessarily a red flag if reserves are adequate, it warrants monitoring. The consistent reporting of zero liabilities and zero officer compensation across all filings is a strong indicator of financial prudence and transparency, making it a commendable aspect of their operations.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Abc Toon Town Ii Educational Center with a Mission Score of 88 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: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Abc Toon Town Ii Educational Center allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$1.4MTotal Revenue
$1.6MTotal Expenses
$1.6MTotal Assets
$1.6MNet Assets
  • The organization reported a deficit of $139K, with expenses exceeding revenue.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization with revenues exceeding $1 million. This suggests either a fully volunteer-led executive team or compensation structured in a way that is not categorized as 'officer compensation' on the 990, warranting further inquiry.

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.

Red Flags

The following concerns were identified during AI analysis of Abc Toon Town Ii Educational Center's IRS 990 filings:

  • Operating deficit in the most recent fiscal year (2023 expenses exceeded revenue)
  • Unusually low (0%) reported officer compensation, which may obscure actual executive remuneration if it's categorized differently.

Strengths

The following positive indicators were identified for Abc Toon Town Ii Educational Center:

  • Consistent and significant revenue growth over the past decade, from $515,833 in 2014 to $1,434,095 in 2023.
  • Strong asset accumulation, growing from $83,693 in 2014 to $1,585,877 in 2023.
  • Zero reported liabilities across all available filings, indicating a very strong balance sheet and no debt.
  • Consistent reporting of 0% officer compensation, suggesting a highly efficient or volunteer-driven leadership structure.

Frequently Asked Questions about Abc Toon Town Ii Educational Center

Is Abc Toon Town Ii Educational Center a legitimate charity?

Abc Toon Town Ii Educational Center (EIN: 204301966) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.9M. 2 red flags identified. 4 strengths noted. Financial health grade: B.

How does Abc Toon Town Ii Educational Center spend its money?

Abc Toon Town Ii Educational Center directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Abc Toon Town Ii Educational Center tax-deductible?

Abc Toon Town Ii Educational Center is registered as a tax-exempt nonprofit (EIN: 204301966). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Abc Toon Town Ii Educational Center CEO make?

Abc Toon Town Ii Educational Center's highest-compensated officer earns $1 annually. The organization reported $1.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Abc Toon Town Ii Educational Center's spending goes to programs?

Abc Toon Town Ii Educational Center directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Abc Toon Town Ii Educational Center compare to similar nonprofits?

With a transparency score of 88/100 (Excellent), Abc Toon Town Ii Educational Center is above average for NTEE category P33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Abc Toon Town Ii Educational Center located?

Abc Toon Town Ii Educational Center is headquartered in Oak Park, Illinois and files with the IRS under EIN 204301966. It is classified under NTEE code P33.

How many years of IRS 990 filings does Abc Toon Town Ii Educational Center have?

Abc Toon Town Ii Educational Center has 13 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 $1.9M in total revenue.

How does Abc Toon Town Ii Educational Center sustain its operations with 0% reported officer compensation?

The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this size and revenue. It suggests either a fully volunteer-led executive team or that executive compensation is structured and reported under different expense categories, which would require reviewing the full 990 forms for detailed expense breakdowns.

What caused the operating deficit in the 2023 fiscal year?

In 2023, the organization reported expenses of $1,573,030 against revenues of $1,434,095, resulting in a deficit. The specific reasons for this deficit are not detailed in the summary data but could be due to increased program costs, one-time investments, or a temporary dip in funding. It's important to monitor future filings to see if this trend continues.

What is the organization's strategy for managing its growing asset base?

The organization has shown significant asset growth, from $83,693 in 2014 to $1,585,877 in 2023. With zero reported liabilities, this indicates a strong financial position. Understanding their investment strategy for these assets and how they contribute to the mission would provide further insight into their long-term financial planning.

Filing History

IRS 990 filing history for Abc Toon Town Ii Educational Center showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Abc Toon Town Ii Educational Center's revenue has grown by 169.6%, moving from $532K to $1.4M. Total assets increased by 17232% over the same period, from $9K to $1.6M. Total functional expenses rose by 206.8%, from $513K to $1.6M. In its most recent filing year (2023), Abc Toon Town Ii Educational Center reported a deficit of $139K, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $1.4M $1.6M $1.6M $0
2022 $1.3M $964K $1.7M $0 View 990
2021 $1.2M $879K $1.1M $0 View 990
2020 $1.1M $709K $784K $0 View 990
2019 $992K $723K $434K $0 View 990
2018 $777K $668K $219K $0 View 990
2017 $714K $654K $136K $0 View 990
2016 $578K $610K $78K $0 View 990
2015 $528K $526K $119K $0 View 990
2014 $516K $494K $84K $0 View 990
2013 $576K $543K $91K $0 View 990
2012 $575K $527K $59K $0 View 990
2011 $532K $513K $9K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $1.4M, expenses of $1.6M, and assets of $1.6M (revenue +11.9% year-over-year).
  • 2022: Revenue of $1.3M, expenses of $964K, and assets of $1.7M (revenue +10.8% year-over-year).
  • 2021: Revenue of $1.2M, expenses of $879K, and assets of $1.1M (revenue +2.9% year-over-year).
  • 2020: Revenue of $1.1M, expenses of $709K, and assets of $784K (revenue +13.2% year-over-year).
  • 2019: Revenue of $992K, expenses of $723K, and assets of $434K (revenue +27.8% year-over-year).
  • 2018: Revenue of $777K, expenses of $668K, and assets of $219K (revenue +8.7% year-over-year).
  • 2017: Revenue of $714K, expenses of $654K, and assets of $136K (revenue +23.5% year-over-year).
  • 2016: Revenue of $578K, expenses of $610K, and assets of $78K (revenue +9.5% year-over-year).
  • 2015: Revenue of $528K, expenses of $526K, and assets of $119K (revenue +2.4% year-over-year).
  • 2014: Revenue of $516K, expenses of $494K, and assets of $84K (revenue -10.4% year-over-year).
  • 2013: Revenue of $576K, expenses of $543K, and assets of $91K (revenue +0.1% year-over-year).
  • 2012: Revenue of $575K, expenses of $527K, and assets of $59K (revenue +8.1% year-over-year).
  • 2011: Revenue of $532K, expenses of $513K, and assets of $9K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Abc Toon Town Ii Educational Center:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Abc Toon Town Ii Educational Center 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.

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