Alef Bet Child Care Inc
Alef Bet Child Care Inc: Consistent Operations, Declining Revenue
EIN: 222875903 · Cambridge, MA · NTEE: P33Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $641K |
| Total Expenses | $872K |
| Program Spending | 80% |
| Net Assets | $653K |
| Transparency Score | 75/100 |
Is Alef Bet Child Care Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alef Bet Child Care Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Alef Bet Child Care Inc
Alef Bet Child Care Inc (EIN: 222875903) is a nonprofit organization based in Cambridge, MA, classified under NTEE code P33Z. The organization reported total revenue of $641K and total assets of $738K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alef Bet Child Care Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alef Bet Child Care Inc is a small nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $641K |
| Total Expenses | $872K |
| Surplus / Deficit | $-231,226 |
| Total Assets | $738K |
| Total Liabilities | $84K |
| Net Assets | $653K |
| Operating Margin | -36.1% |
| Debt-to-Asset Ratio | 11.5% |
| Months of Reserves | 10.1 months |
Financial Health Grade: B
In 2023, Alef Bet Child Care Inc reported a deficit of $231K with expenses exceeding revenue, holds 10.1 months of operating reserves (strong position), has a debt-to-asset ratio of 11.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Alef Bet Child Care Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -21.8% | +2.8% | -19.4% |
| 2022 | -6.3% | +39.2% | -1.9% |
| 2021 | +98.4% | +3.0% | +18.9% |
| 2020 | -27.3% | -0.2% | -6.0% |
| 2019 | +5.1% | +8.0% | +2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Alef Bet Child Care Inc with a Mission Score of 75 out of 100 (Good). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Alef Bet Child Care Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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:
- The organization reported a deficit of $231K, with expenses exceeding revenue.
- Debt-to-asset ratio: 11.5%.
Executive Compensation Analysis
Executive compensation cannot be assessed from the provided data, as no specific compensation figures for executives are included in the financial filings.
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 Alef Bet Child Care Inc's IRS 990 filings:
- Revenue has shown a declining trend from $875,311 in 2021 to $640,809 in 2023, a decrease of over 26%.
- Expenses ($872,035 in 2023) consistently exceed revenue ($640,809 in 2023) in recent years, leading to net losses.
Strengths
The following positive indicators were identified for Alef Bet Child Care Inc:
- Consistent filing of financial data over multiple years demonstrates a commitment to transparency.
- Assets have remained relatively stable, indicating some financial resilience despite revenue fluctuations.
Frequently Asked Questions about Alef Bet Child Care Inc
Is Alef Bet Child Care Inc a legitimate charity?
Alef Bet Child Care Inc (EIN: 222875903) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $641K. 2 red flags identified. 2 strengths noted. Financial health grade: B.
How does Alef Bet Child Care Inc spend its money?
Alef Bet Child Care Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Alef Bet Child Care Inc tax-deductible?
Alef Bet Child Care Inc is registered as a tax-exempt nonprofit (EIN: 222875903). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Alef Bet Child Care Inc's spending goes to programs?
Alef Bet Child Care Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Alef Bet Child Care Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Alef Bet Child Care Inc is above average for NTEE category P33Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Alef Bet Child Care Inc located?
Alef Bet Child Care Inc is headquartered in Cambridge, Massachusetts and files with the IRS under EIN 222875903. It is classified under NTEE code P33Z.
How many years of IRS 990 filings does Alef Bet Child Care Inc have?
Alef Bet Child Care Inc 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 $641K in total revenue.
What does Alef Bet Child Care Inc do?
Alef Bet Child Care Inc is a nonprofit organization in the Human Services sector, located in Cambridge, Massachusetts. It is classified under NTEE code P33Z.
How much revenue does Alef Bet Child Care Inc have?
Alef Bet Child Care Inc reported total revenue of $640,809. Based on 13 IRS 990 filings on record.
What are Alef Bet Child Care Inc's total assets?
Alef Bet Child Care Inc holds total assets of $737,576 as reported in IRS 990 filings.
Where is Alef Bet Child Care Inc located?
Alef Bet Child Care Inc is based in Cambridge, Massachusetts.
What is Alef Bet Child Care Inc's EIN?
Alef Bet Child Care Inc's Employer Identification Number (EIN) is 222875903. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Alef Bet Child Care Inc?
Alef Bet Child Care Inc is classified under NTEE code P33Z (Human Services).
Is Alef Bet Child Care Inc a registered 501(c)(3)?
Yes, Alef Bet Child Care Inc is recognized as a tax-exempt organization by the IRS. EIN: 222875903.
Does Alef Bet Child Care Inc file IRS Form 990?
Yes, Alef Bet Child Care Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202308.
What was Alef Bet Child Care Inc's revenue in 2023?
In the 202308 filing period, Alef Bet Child Care Inc reported total revenue of $640,809, total expenses of $872,035, and net assets of $737,576.
Is Alef Bet Child Care Inc's revenue growing or declining?
Alef Bet Child Care Inc's revenue is declining. Revenue went from $819,736 (202208) to $640,809 (202308), a -21.8% change. Based on 13 filings on record.
What is Alef Bet Child Care Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Alef Bet Child Care Inc covers tax period 202308. It shows revenue of $640,809, expenses of $872,035, total assets of $737,576, and liabilities of $84,485.
How much does Alef Bet Child Care Inc spend on programs vs administration?
Based on IRS 990 analysis, Alef Bet Child Care Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Alef Bet Child Care Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Alef Bet Child Care Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for Alef Bet Child Care Inc?
The following concerns were identified: Revenue has shown a declining trend from $875,311 in 2021 to $640,809 in 2023, a decrease of over 26%.. Expenses ($872,035 in 2023) consistently exceed revenue ($640,809 in 2023) in recent years, leading to net losses.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Alef Bet Child Care Inc's strengths?
Positive indicators for Alef Bet Child Care Inc include: Consistent filing of financial data over multiple years demonstrates a commitment to transparency.. Assets have remained relatively stable, indicating some financial resilience despite revenue fluctuations.. These findings are derived from AI analysis of the organization's financial filings.
How does Alef Bet Child Care Inc compensate executives?
Executive compensation cannot be assessed from the provided data, as no specific compensation figures for executives are included in the financial filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors are contributing to the consistent decline in revenue since 2021, and what strategies are in place to reverse this trend?
The provided data does not specify reasons for revenue decline, but potential factors could include decreased enrollment, changes in funding, or increased competition. Without further operational details, specific strategies are unknown.
Filing History
IRS 990 filing history for Alef Bet Child Care Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Alef Bet Child Care Inc's revenue has grown by 16.9%, moving from $548K to $641K. Total assets increased by 31.3% over the same period, from $562K to $738K. Total functional expenses rose by 57.9%, from $552K to $872K. In its most recent filing year (2023), Alef Bet Child Care Inc reported a deficit of $231K, with expenses exceeding revenue. The organization holds $84K in liabilities against $738K in assets (debt-to-asset ratio: 11.5%), resulting in net assets of $653K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $641K | $872K | $738K | $84K | — | — |
| 2022 | $820K | $848K | $916K | $72K | — | View 990 |
| 2021 | $875K | $609K | $933K | $61K | — | View 990 |
| 2020 | $441K | $592K | $785K | $179K | — | — |
| 2019 | $606K | $593K | $835K | $78K | — | View 990 |
| 2018 | $577K | $549K | $818K | $75K | — | View 990 |
| 2017 | $615K | $575K | $783K | $68K | — | View 990 |
| 2016 | $616K | $585K | $737K | $62K | — | View 990 |
| 2015 | $708K | $605K | $1.3M | $632K | — | View 990 |
| 2014 | $666K | $605K | $717K | $176K | — | View 990 |
| 2013 | $656K | $598K | $643K | $162K | — | View 990 |
| 2012 | $606K | $594K | $580K | $157K | — | View 990 |
| 2011 | $548K | $552K | $562K | $151K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $641K, expenses of $872K, and assets of $738K (revenue -21.8% year-over-year).
- 2022: Revenue of $820K, expenses of $848K, and assets of $916K (revenue -6.3% year-over-year).
- 2021: Revenue of $875K, expenses of $609K, and assets of $933K (revenue +98.4% year-over-year).
- 2020: Revenue of $441K, expenses of $592K, and assets of $785K (revenue -27.3% year-over-year).
- 2019: Revenue of $606K, expenses of $593K, and assets of $835K (revenue +5.1% year-over-year).
- 2018: Revenue of $577K, expenses of $549K, and assets of $818K (revenue -6.2% year-over-year).
- 2017: Revenue of $615K, expenses of $575K, and assets of $783K (revenue -0.2% year-over-year).
- 2016: Revenue of $616K, expenses of $585K, and assets of $737K (revenue -13.0% year-over-year).
- 2015: Revenue of $708K, expenses of $605K, and assets of $1.3M (revenue +6.3% year-over-year).
- 2014: Revenue of $666K, expenses of $605K, and assets of $717K (revenue +1.6% year-over-year).
- 2013: Revenue of $656K, expenses of $598K, and assets of $643K (revenue +8.2% year-over-year).
- 2012: Revenue of $606K, expenses of $594K, and assets of $580K (revenue +10.6% year-over-year).
- 2011: Revenue of $548K, expenses of $552K, and assets of $562K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alef Bet Child Care Inc:
Data Sources and Methodology
This transparency report for Alef Bet Child Care Inc 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.