Bayonne Pal Day Care Center Corp
Bayonne Pal Day Care Center Corp: Mixed Financials, Strong Program Spending
EIN: 222058695 · Bayonne, NJ · NTEE: O50 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.0M |
| Program Spending | 85% |
| Net Assets | $728K |
| Transparency Score | 75/100 |
Is Bayonne Pal Day Care Center Corp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bayonne Pal Day Care Center Corp directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bayonne Pal Day Care Center Corp
Bayonne Pal Day Care Center Corp (EIN: 222058695) is a nonprofit organization based in Bayonne, NJ, classified under NTEE code O50. The organization reported total revenue of $1.2M and total assets of $959K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bayonne Pal Day Care Center Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bayonne Pal Day Care Center Corp is a mid-size nonprofit that has been operating for 10 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$321K |
| Total Assets | $862K |
| Total Liabilities | $134K |
| Net Assets | $728K |
| Operating Margin | 24.3% |
| Debt-to-Asset Ratio | 15.6% |
| Months of Reserves | 10.3 months |
Financial Health Grade: A
In 2024, Bayonne Pal Day Care Center Corp reported a surplus of $321K with revenue exceeding expenses, holds 10.3 months of operating reserves (strong position), has a debt-to-asset ratio of 15.6% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Bayonne Pal Day Care Center Corp's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +5.8% | -9.3% | +38.4% |
| 2023 | +103.7% | +61.7% | +60.9% |
| 2022 | -1.4% | +20.2% | -31.4% |
| 2021 | -25.3% | -21.5% | +29.8% |
| 2020 | +18.9% | +8.2% | +55.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2016 |
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 Bayonne Pal Day Care Center Corp 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: 85%
- fundraising: 5%
According to IRS 990 filings, Bayonne Pal Day Care Center Corp 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $321K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.6%.
Executive Compensation Analysis
Executive compensation cannot be assessed as specific compensation figures for executives are not provided in the given data.
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 Bayonne Pal Day Care Center Corp's IRS 990 filings:
- Significant fluctuations in net assets, from $90,292 in 2017 to $862,432 in 2024, without clear explanations for the volatility.
- The provided data lacks specific details on executive compensation, making it impossible to evaluate fairness or appropriateness.
Strengths
The following positive indicators were identified for Bayonne Pal Day Care Center Corp:
- Consistently high program spending, estimated at 85% of total expenses, indicating a strong focus on its mission.
- Positive revenue growth from $694,742 in 2017 to $1,321,577 in 2024, demonstrating increasing financial capacity.
- Healthy asset growth, with total assets increasing from $90,292 in 2017 to $862,432 in 2024.
Frequently Asked Questions about Bayonne Pal Day Care Center Corp
Is Bayonne Pal Day Care Center Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Bayonne Pal Day Care Center Corp (EIN: 222058695) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Bayonne Pal Day Care Center Corp spend its money?
Bayonne Pal Day Care Center Corp directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bayonne Pal Day Care Center Corp tax-deductible?
Bayonne Pal Day Care Center Corp is registered as a tax-exempt nonprofit (EIN: 222058695). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Bayonne Pal Day Care Center Corp's spending goes to programs?
Bayonne Pal Day Care Center Corp directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bayonne Pal Day Care Center Corp compare to similar nonprofits?
With a transparency score of 75/100 (Good), Bayonne Pal Day Care Center Corp is above average for NTEE category O50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bayonne Pal Day Care Center Corp located?
Bayonne Pal Day Care Center Corp is headquartered in Bayonne, New Jersey and files with the IRS under EIN 222058695. It is classified under NTEE code O50.
How many years of IRS 990 filings does Bayonne Pal Day Care Center Corp have?
Bayonne Pal Day Care Center Corp 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 $1.2M in total revenue.
What does Bayonne Pal Day Care Center Corp do?
Bayonne Pal Day Care Center Corp is a nonprofit organization in the Youth Development sector, located in Bayonne, New Jersey. It is classified under NTEE code O50.
How much revenue does Bayonne Pal Day Care Center Corp have?
Bayonne Pal Day Care Center Corp reported total revenue of $1,200,288. Based on 14 IRS 990 filings on record.
What are Bayonne Pal Day Care Center Corp's total assets?
Bayonne Pal Day Care Center Corp holds total assets of $958,808 as reported in IRS 990 filings.
Where is Bayonne Pal Day Care Center Corp located?
Bayonne Pal Day Care Center Corp is based in Bayonne, New Jersey.
What is Bayonne Pal Day Care Center Corp's EIN?
Bayonne Pal Day Care Center Corp's Employer Identification Number (EIN) is 222058695. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Bayonne Pal Day Care Center Corp?
Bayonne Pal Day Care Center Corp is classified under NTEE code O50 (Youth Development).
Is Bayonne Pal Day Care Center Corp a registered 501(c)(3)?
Yes, Bayonne Pal Day Care Center Corp is recognized as a tax-exempt organization by the IRS. EIN: 222058695.
Does Bayonne Pal Day Care Center Corp file IRS Form 990?
Yes, Bayonne Pal Day Care Center Corp has 14 IRS Form 990 filings on record. The most recent covers tax period 202401.
What was Bayonne Pal Day Care Center Corp's revenue in 2024?
In the 202401 filing period, Bayonne Pal Day Care Center Corp reported total revenue of $1,321,577, total expenses of $1,001,066, and net assets of $862,432.
Is Bayonne Pal Day Care Center Corp's revenue growing or declining?
Bayonne Pal Day Care Center Corp's revenue is growing. Revenue went from $1,248,637 (202301) to $1,321,577 (202401), a +5.8% change. Based on 14 filings on record.
What is Bayonne Pal Day Care Center Corp's most recent 990 filing?
The most recent IRS Form 990 filing for Bayonne Pal Day Care Center Corp covers tax period 202401. It shows revenue of $1,321,577, expenses of $1,001,066, total assets of $862,432, and liabilities of $134,371.
How much does Bayonne Pal Day Care Center Corp spend on programs vs administration?
Based on IRS 990 analysis, Bayonne Pal Day Care Center Corp allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Bayonne Pal Day Care Center Corp a trustworthy charity?
Based on AI analysis of IRS 990 data, Bayonne Pal Day Care Center Corp appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Bayonne Pal Day Care Center Corp?
The following concerns were identified: Significant fluctuations in net assets, from $90,292 in 2017 to $862,432 in 2024, without clear explanations for the volatility.. The provided data lacks specific details on executive compensation, making it impossible to evaluate fairness or appropriateness.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Bayonne Pal Day Care Center Corp's strengths?
Positive indicators for Bayonne Pal Day Care Center Corp include: Consistently high program spending, estimated at 85% of total expenses, indicating a strong focus on its mission.. Positive revenue growth from $694,742 in 2017 to $1,321,577 in 2024, demonstrating increasing financial capacity.. Healthy asset growth, with total assets increasing from $90,292 in 2017 to $862,432 in 2024.. These findings are derived from AI analysis of the organization's financial filings.
How does Bayonne Pal Day Care Center Corp compensate executives?
Executive compensation cannot be assessed as specific compensation figures for executives are not provided in the given data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Bayonne Pal Day Care Center Corp?
- The organization's financial filings are publicly accessible, showing consistent reporting over several years. - Detailed breakdowns of program expenses versus administrative and fundraising costs are not explicitly itemized in the provided data, requiring estimation. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
What factors contributed to the substantial increase in total assets from $90,292 in 2017 to $862,432 in 2024, and how does this impact long-term sustainability?
The significant asset growth suggests successful fundraising or efficient management of resources. This increase enhances the organization's financial stability and capacity for future programs, but understanding the specific drivers (e.g., large donations, investment gains) would provide deeper insight into its sustainability.
Given the revenue growth, what specific strategies has Bayonne Pal Day Care Center Corp implemented to increase its funding from $694,742 in 2017 to $1,321,577 in 2024?
The data indicates a strong upward trend in revenue. While the specific strategies are not detailed, this growth could be attributed to expanded program offerings, successful grant applications, increased community support, or effective fundraising campaigns. Further investigation into their funding sources would be beneficial.
Filing History
IRS 990 filing history for Bayonne Pal Day Care Center Corp showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Bayonne Pal Day Care Center Corp's revenue has grown by 57.6%, moving from $839K to $1.3M. Total assets increased by 675.7% over the same period, from $111K to $862K. Total functional expenses rose by 30.6%, from $767K to $1.0M. In its most recent filing year (2024), Bayonne Pal Day Care Center Corp reported a surplus of $321K, with revenue exceeding expenses. The organization holds $134K in liabilities against $862K in assets (debt-to-asset ratio: 15.6%), resulting in net assets of $728K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.3M | $1.0M | $862K | $134K | — | — |
| 2023 | $1.2M | $1.1M | $623K | $216K | — | View 990 |
| 2022 | $613K | $682K | $387K | $125K | — | View 990 |
| 2021 | $622K | $568K | $565K | $233K | — | View 990 |
| 2020 | $832K | $724K | $435K | $157K | — | View 990 |
| 2019 | $700K | $669K | $280K | $111K | — | View 990 |
| 2018 | $777K | $686K | $241K | $103K | — | View 990 |
| 2017 | $695K | $670K | $90K | $44K | — | View 990 |
| 2016 | $751K | $750K | $78K | $39K | — | View 990 |
| 2015 | $973K | $997K | $47K | $9K | — | — |
| 2014 | $976K | $943K | $85K | $23K | — | — |
| 2013 | $844K | $870K | $52K | $22K | — | — |
| 2012 | $819K | $844K | $82K | $26K | — | — |
| 2011 | $839K | $767K | $111K | $31K | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $1.3M, expenses of $1.0M, and assets of $862K (revenue +5.8% year-over-year).
- 2023: Revenue of $1.2M, expenses of $1.1M, and assets of $623K (revenue +103.7% year-over-year).
- 2022: Revenue of $613K, expenses of $682K, and assets of $387K (revenue -1.4% year-over-year).
- 2021: Revenue of $622K, expenses of $568K, and assets of $565K (revenue -25.3% year-over-year).
- 2020: Revenue of $832K, expenses of $724K, and assets of $435K (revenue +18.9% year-over-year).
- 2019: Revenue of $700K, expenses of $669K, and assets of $280K (revenue -9.9% year-over-year).
- 2018: Revenue of $777K, expenses of $686K, and assets of $241K (revenue +11.9% year-over-year).
- 2017: Revenue of $695K, expenses of $670K, and assets of $90K (revenue -7.5% year-over-year).
- 2016: Revenue of $751K, expenses of $750K, and assets of $78K (revenue -22.8% year-over-year).
- 2015: Revenue of $973K, expenses of $997K, and assets of $47K (revenue -0.3% year-over-year).
- 2014: Revenue of $976K, expenses of $943K, and assets of $85K (revenue +15.7% year-over-year).
- 2013: Revenue of $844K, expenses of $870K, and assets of $52K (revenue +3.0% year-over-year).
- 2012: Revenue of $819K, expenses of $844K, and assets of $82K (revenue -2.3% year-over-year).
- 2011: Revenue of $839K, expenses of $767K, and assets of $111K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bayonne Pal Day Care Center Corp:
Data Sources and Methodology
This transparency report for Bayonne Pal Day Care Center Corp 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.