Beth Jacob Day Care Center Inc
Beth Jacob Day Care Center Inc. consistently operates near break-even, with assets growing over the past decade despite recent deficits.
EIN: 112290419 · Brooklyn, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.8M |
| Total Expenses | $7.1M |
| Program Spending | 85% |
| Net Assets | $659K |
| Transparency Score | 70/100 |
Is Beth Jacob Day Care Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Beth Jacob Day Care Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Beth Jacob Day Care Center Inc
Beth Jacob Day Care Center Inc (EIN: 112290419) is a nonprofit organization based in Brooklyn, NY. The organization reported total revenue of $6.8M and total assets of $4.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Beth Jacob Day Care Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Beth Jacob Day Care Center Inc is a mid-size nonprofit that has been operating for 51 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.8M |
| Total Expenses | $7.1M |
| Surplus / Deficit | $-260,692 |
| Total Assets | $3.5M |
| Total Liabilities | $2.8M |
| Net Assets | $659K |
| Operating Margin | -3.8% |
| Debt-to-Asset Ratio | 81.0% |
| Months of Reserves | 5.9 months |
Financial Health Grade: C
In 2023, Beth Jacob Day Care Center Inc reported a deficit of $261K with expenses exceeding revenue, holds 5.9 months of operating reserves (adequate), has a debt-to-asset ratio of 81.0% (high leverage).
Financial Trends
Over 12 years of filings (2011–2023), Beth Jacob Day Care Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.4% | -2.2% | -11.0% |
| 2022 | +50.0% | +10.9% | +126.2% |
| 2021 | -1.1% | +10.2% | +59.0% |
| 2020 | -1.6% | -1.9% | +26.4% |
| 2019 | +0.4% | -0.3% | +13.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1975 |
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 Beth Jacob Day Care Center Inc with a Mission Score of 70 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, Beth Jacob Day Care Center Inc 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:
- The organization reported a deficit of $261K, with expenses exceeding revenue.
- Debt-to-asset ratio: 81.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which limits transparency regarding leadership costs relative to the organization's multi-million dollar revenue.
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 Beth Jacob Day Care Center Inc's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., 202306 expenses $7,073,068 vs. revenue $6,812,376) could indicate reliance on reserves or other funding sources.
- Lack of reported officer compensation across all filings reduces transparency regarding leadership costs for an organization with multi-million dollar revenues.
- NTEE code is unknown, which can hinder clear categorization and comparison with peer organizations.
Strengths
The following positive indicators were identified for Beth Jacob Day Care Center Inc:
- Significant asset growth over the past decade, from $532,646 in 201406 to $3,465,845 in 202306, indicating financial stability and capacity building.
- Long operational history with 12 filings, suggesting established presence and consistent service delivery.
- Relatively stable revenue streams over the past several years, indicating consistent demand for services.
Frequently Asked Questions about Beth Jacob Day Care Center Inc
Is Beth Jacob Day Care Center Inc a legitimate charity?
Beth Jacob Day Care Center Inc (EIN: 112290419) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 12 years of IRS 990 filings on record. Total revenue: $6.8M. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Beth Jacob Day Care Center Inc spend its money?
Beth Jacob Day Care Center Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Beth Jacob Day Care Center Inc tax-deductible?
Beth Jacob Day Care Center Inc is registered as a tax-exempt nonprofit (EIN: 112290419). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Beth Jacob Day Care Center Inc's spending goes to programs?
Beth Jacob Day Care Center Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Beth Jacob Day Care Center Inc located?
Beth Jacob Day Care Center Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 112290419.
How many years of IRS 990 filings does Beth Jacob Day Care Center Inc have?
Beth Jacob Day Care Center Inc has 12 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 $6.8M in total revenue.
How does Beth Jacob Day Care Center Inc. sustain operations with expenses frequently exceeding revenue?
The organization likely relies on accumulated assets from prior periods of surplus, or receives non-operating income not reflected in the primary revenue figures, to cover operational deficits as seen in 202306 ($7,073,068 expenses vs. $6,812,376 revenue).
What is the breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of these categories, making it difficult to precisely assess spending efficiency beyond overall revenue and expense figures.
Why is officer compensation consistently reported as 0%?
This could indicate a volunteer-led executive team, or that executive compensation is categorized under other expense lines, which would reduce transparency regarding leadership costs.
What caused the significant increase in assets from $1,721,885 in 202106 to $3,465,845 in 202306?
The data suggests a substantial accumulation of assets over these two periods, potentially due to capital investments, grants, or retained earnings, despite some periods of operational deficit.
Filing History
IRS 990 filing history for Beth Jacob Day Care Center Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Beth Jacob Day Care Center Inc's revenue has grown by 309.7%, moving from $1.7M to $6.8M. Total assets increased by 3192.5% over the same period, from $105K to $3.5M. Total functional expenses rose by 319.7%, from $1.7M to $7.1M. In its most recent filing year (2023), Beth Jacob Day Care Center Inc reported a deficit of $261K, with expenses exceeding revenue. The organization holds $2.8M in liabilities against $3.5M in assets (debt-to-asset ratio: 81.0%), resulting in net assets of $659K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.8M | $7.1M | $3.5M | $2.8M | — | — |
| 2022 | $8.8M | $7.2M | $3.9M | $3.0M | — | View 990 |
| 2021 | $5.9M | $6.5M | $1.7M | $2.4M | — | — |
| 2020 | $5.9M | $5.9M | $1.1M | $1.1M | — | View 990 |
| 2019 | $6.0M | $6.0M | $856K | $879K | — | View 990 |
| 2018 | $6.0M | $6.0M | $758K | $763K | — | View 990 |
| 2017 | $6.1M | $6.0M | $833K | $777K | — | View 990 |
| 2016 | $6.1M | $5.9M | $1.2M | $1.2M | — | View 990 |
| 2015 | $3.4M | $3.4M | $867K | $1.0M | — | View 990 |
| 2014 | $2.7M | $2.7M | $533K | $710K | — | View 990 |
| 2012 | $0 | $0 | $0 | $0 | — | View 990 |
| 2011 | $1.7M | $1.7M | $105K | $151K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.8M, expenses of $7.1M, and assets of $3.5M (revenue -22.4% year-over-year).
- 2022: Revenue of $8.8M, expenses of $7.2M, and assets of $3.9M (revenue +50.0% year-over-year).
- 2021: Revenue of $5.9M, expenses of $6.5M, and assets of $1.7M (revenue -1.1% year-over-year).
- 2020: Revenue of $5.9M, expenses of $5.9M, and assets of $1.1M (revenue -1.6% year-over-year).
- 2019: Revenue of $6.0M, expenses of $6.0M, and assets of $856K (revenue +0.4% year-over-year).
- 2018: Revenue of $6.0M, expenses of $6.0M, and assets of $758K (revenue -1.2% year-over-year).
- 2017: Revenue of $6.1M, expenses of $6.0M, and assets of $833K (revenue -0.8% year-over-year).
- 2016: Revenue of $6.1M, expenses of $5.9M, and assets of $1.2M (revenue +78.5% year-over-year).
- 2015: Revenue of $3.4M, expenses of $3.4M, and assets of $867K (revenue +28.8% year-over-year).
- 2014: Revenue of $2.7M, expenses of $2.7M, and assets of $533K.
- 2012: Revenue of $0, expenses of $0, and assets of $0 (revenue -100.0% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.7M, and assets of $105K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Beth Jacob Day Care Center Inc:
Data Sources and Methodology
This transparency report for Beth Jacob Day Care Center 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.