Bergen Center For Child Development Inc

Is Bergen Center For Child Development Inc Legit?

Some Concerns

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

Bergen Center For Child Development Inc directs 98% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Bergen Center For Child Development Inc

Bergen Center For Child Development Inc (EIN: 221850477) is a nonprofit organization based in Haworth, NJ. The organization reported total revenue of $5.5M and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bergen Center For Child Development Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

Bergen Center For Child Development Inc is a mid-size nonprofit that has been operating for 58 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Financial Health Grade: A

In 2023, Bergen Center For Child Development Inc reported a surplus of $84K with revenue exceeding expenses, holds 7.2 months of operating reserves (strong position), has a debt-to-asset ratio of 66.5% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Bergen Center For Child Development Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.

IRS Tax-Exempt Classification

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 Bergen Center For Child Development 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: 1%
• programs: 98%
• fundraising: 1%

According to IRS 990 filings, Bergen Center For Child Development Inc allocates its expenses as follows: admin: 1%, programs: 98%, fundraising: 1%. With 98% 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 $84K, with revenue exceeding expenses.
• Debt-to-asset ratio: 66.5%.

Executive Compensation Analysis

Executive compensation details are not available in the provided 990-EZ filings, which do not require disclosure for organizations with gross receipts less than $200,000 and total assets less than $500,000.

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 Bergen Center For Child Development Inc's IRS 990 filings:

• Lack of detailed program descriptions and impact metrics in public filings.
• Limited transparency regarding executive compensation due to 990-EZ filing status.
• The provided data does not include a website or other public-facing information for deeper analysis.

Strengths

The following positive indicators were identified for Bergen Center For Child Development Inc:

• Consistently high percentage of expenses dedicated to programs (e.g., 98% in 2023).
• Healthy and growing asset base, increasing from $739,209 in 2019 to $2,240,403 in 2023.
• Positive net income in most recent years, indicating financial stability.
• Low administrative and fundraising costs, demonstrating efficient operations.

Frequently Asked Questions about Bergen Center For Child Development Inc

Filing History

IRS 990 filing history for Bergen Center For Child Development Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Bergen Center For Child Development Inc's revenue has grown by 69%, moving from $2.2M to $3.8M. Total assets increased by 233.7% over the same period, from $671K to $2.2M. Total functional expenses rose by 65.2%, from $2.2M to $3.7M. In its most recent filing year (2023), Bergen Center For Child Development Inc reported a surplus of $84K, with revenue exceeding expenses. The organization holds $1.5M in liabilities against $2.2M in assets (debt-to-asset ratio: 66.5%), resulting in net assets of $751K.

Year-by-Year Financial Summary

• 2023: Revenue of $3.8M, expenses of $3.7M, and assets of $2.2M (revenue +42.1% year-over-year).
• 2022: Revenue of $2.7M, expenses of $2.6M, and assets of $1.2M (revenue +1.5% year-over-year).
• 2021: Revenue of $2.6M, expenses of $2.6M, and assets of $837K (revenue +12.8% year-over-year).
• 2020: Revenue of $2.3M, expenses of $2.3M, and assets of $994K (revenue +12.3% year-over-year).
• 2019: Revenue of $2.1M, expenses of $2.1M, and assets of $739K (revenue -9.8% year-over-year).
• 2018: Revenue of $2.3M, expenses of $2.3M, and assets of $752K (revenue -5.9% year-over-year).
• 2017: Revenue of $2.5M, expenses of $2.4M, and assets of $763K (revenue -13.3% year-over-year).
• 2016: Revenue of $2.8M, expenses of $2.8M, and assets of $853K (revenue +16.4% year-over-year).
• 2015: Revenue of $2.4M, expenses of $2.4M, and assets of $754K (revenue +7.4% year-over-year).
• 2014: Revenue of $2.3M, expenses of $2.2M, and assets of $720K (revenue +4.7% year-over-year).
• 2013: Revenue of $2.2M, expenses of $2.2M, and assets of $687K (revenue -2.3% year-over-year).
• 2012: Revenue of $2.2M, expenses of $2.2M, and assets of $683K (revenue -1.6% year-over-year).
• 2011: Revenue of $2.2M, expenses of $2.2M, and assets of $671K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Bergen Center For Child Development Inc:

Data Sources and Methodology

This transparency report for Bergen Center For Child Development 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.