Babys Space A Place To Grow
Babys Space A Place To Grow consistently directs 100% of officer compensation to programs, showing strong financial health and asset growth.
EIN: 204502788 · Minneapolis, MN · NTEE: P33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.3M |
| Total Expenses | $2.3M |
| Program Spending | 88% |
| Net Assets | $1.1M |
| Transparency Score | 92/100 |
Is Babys Space A Place To Grow Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Babys Space A Place To Grow directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Babys Space A Place To Grow
Babys Space A Place To Grow (EIN: 204502788) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code P33. The organization reported total revenue of $3.3M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Babys Space A Place To Grow's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Babys Space A Place To Grow is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $2.3M |
| Surplus / Deficit | +$147K |
| Total Assets | $1.2M |
| Total Liabilities | $112K |
| Net Assets | $1.1M |
| Operating Margin | 5.9% |
| Debt-to-Asset Ratio | 9.3% |
| Months of Reserves | 6.2 months |
Financial Health Grade: A
In 2023, Babys Space A Place To Grow reported a surplus of $147K with revenue exceeding expenses, holds 6.2 months of operating reserves (strong position), has a debt-to-asset ratio of 9.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Babys Space A Place To Grow's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.7% | +24.8% | +18.6% |
| 2022 | +40.2% | +5.9% | +50.5% |
| 2021 | -0.5% | -11.0% | +7.8% |
| 2020 | -9.4% | -0.2% | +43.1% |
| 2019 | +12.0% | +7.4% | +11.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 Babys Space A Place To Grow with a Mission Score of 92 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: 7%
- programs: 88%
- fundraising: 5%
According to IRS 990 filings, Babys Space A Place To Grow allocates its expenses as follows: admin: 7%, programs: 88%, fundraising: 5%. With 88% 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 surplus of $147K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.3%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is a significant positive for directing funds to 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 Babys Space A Place To Grow:
- Consistent 0% officer compensation across all filings, indicating strong commitment to mission.
- Steady growth in revenue, from $1,692,404 in 201406 to $2,467,484 in 202306.
- Significant asset growth, more than doubling from $473,701 in 201406 to $1,196,757 in 202306.
- Expenses generally well-managed within revenue, leading to positive net assets in most periods.
- High proportion of spending directed towards programs, reflecting efficient use of funds for its mission.
Frequently Asked Questions about Babys Space A Place To Grow
Is Babys Space A Place To Grow a legitimate charity?
Based on AI analysis of IRS 990 filings, Babys Space A Place To Grow (EIN: 204502788) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Babys Space A Place To Grow spend its money?
Babys Space A Place To Grow directs 88% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Babys Space A Place To Grow tax-deductible?
Babys Space A Place To Grow is registered as a tax-exempt nonprofit (EIN: 204502788). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Babys Space A Place To Grow's spending goes to programs?
Babys Space A Place To Grow directs 88% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Babys Space A Place To Grow compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Babys Space A Place To Grow 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 Babys Space A Place To Grow located?
Babys Space A Place To Grow is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 204502788. It is classified under NTEE code P33.
How many years of IRS 990 filings does Babys Space A Place To Grow have?
Babys Space A Place To Grow 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 $3.3M in total revenue.
Is Babys Space A Place To Grow a good charity?
Based on the provided financial data, Babys Space A Place To Grow appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and a remarkable commitment to its mission by reporting 0% officer compensation across all filings.
How has the organization's financial stability changed over time?
The organization's financial stability has significantly improved. Revenue has grown from $1,692,404 in 201406 to $2,467,484 in 202306, and assets have more than doubled from $473,701 to $1,196,757 in the same period, indicating robust growth and increasing financial capacity.
What is the organization's approach to executive compensation?
Babys Space A Place To Grow has a highly commendable approach to executive compensation, consistently reporting 0% officer compensation across all 13 filings. This means all reported funds are directed towards operational and programmatic expenses rather than executive salaries.
Filing History
IRS 990 filing history for Babys Space A Place To Grow showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Babys Space A Place To Grow's revenue has grown by 72.9%, moving from $1.4M to $2.5M. Total assets increased by 162% over the same period, from $457K to $1.2M. Total functional expenses rose by 92.1%, from $1.2M to $2.3M. In its most recent filing year (2023), Babys Space A Place To Grow reported a surplus of $147K, with revenue exceeding expenses. The organization holds $112K in liabilities against $1.2M in assets (debt-to-asset ratio: 9.3%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $2.3M | $1.2M | $112K | — | View 990 |
| 2022 | $2.5M | $1.9M | $1.0M | $71K | — | View 990 |
| 2021 | $1.8M | $1.8M | $671K | $407K | — | View 990 |
| 2020 | $1.8M | $2.0M | $622K | $410K | — | View 990 |
| 2019 | $2.0M | $2.0M | $435K | $67K | — | View 990 |
| 2018 | $1.8M | $1.8M | $391K | $54K | — | — |
| 2017 | $1.7M | $1.8M | $434K | $48K | — | View 990 |
| 2016 | $1.7M | $1.7M | $566K | $85K | — | View 990 |
| 2015 | $2.1M | $2.0M | $590K | $100K | — | View 990 |
| 2014 | $1.7M | $1.8M | $474K | $103K | — | View 990 |
| 2013 | $1.4M | $1.5M | $559K | $77K | — | View 990 |
| 2012 | $1.6M | $1.4M | $731K | $98K | — | View 990 |
| 2011 | $1.4M | $1.2M | $457K | $32K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $2.3M, and assets of $1.2M (revenue -2.7% year-over-year).
- 2022: Revenue of $2.5M, expenses of $1.9M, and assets of $1.0M (revenue +40.2% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.8M, and assets of $671K (revenue -0.5% year-over-year).
- 2020: Revenue of $1.8M, expenses of $2.0M, and assets of $622K (revenue -9.4% year-over-year).
- 2019: Revenue of $2.0M, expenses of $2.0M, and assets of $435K (revenue +12.0% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.8M, and assets of $391K (revenue +6.8% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.8M, and assets of $434K (revenue +0.1% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.7M, and assets of $566K (revenue -21.3% year-over-year).
- 2015: Revenue of $2.1M, expenses of $2.0M, and assets of $590K (revenue +25.8% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.8M, and assets of $474K (revenue +24.8% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.5M, and assets of $559K (revenue -13.9% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.4M, and assets of $731K (revenue +10.4% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.2M, and assets of $457K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Babys Space A Place To Grow:
Data Sources and Methodology
This transparency report for Babys Space A Place To Grow 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.