Bloomington Day Care Corporation
EIN: 310971620 · Bloomington, IN · NTEE: P33
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.8M |
| Net Assets | $-182,702 |
Is Bloomington Day Care Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bloomington Day Care Corporation
Bloomington Day Care Corporation (EIN: 310971620) is a nonprofit organization based in Bloomington, IN, classified under NTEE code P33. The organization reported total revenue of $1.7M and total assets of $85K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bloomington Day Care Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bloomington Day Care Corporation is a mid-size nonprofit that has been operating for 10 years, with 11 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 4.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.8M |
| Surplus / Deficit | $-296,061 |
| Total Assets | $-86,056 |
| Total Liabilities | $97K |
| Net Assets | $-182,702 |
| Operating Margin | -20.1% |
| Months of Reserves | -0.6 months |
Financial Health Grade: D
In 2024, Bloomington Day Care Corporation reported a deficit of $296K with expenses exceeding revenue, holds -0.6 months of operating reserves (limited).
Financial Trends
Over 11 years of filings (2011–2024), Bloomington Day Care Corporation's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -21.8% | -15.5% | -153.3% |
| 2023 | +15.2% | +37.5% | -58.9% |
| 2022 | +16.8% | +22.9% | +81.0% |
| 2021 | +16.2% | +7.8% | +103.3% |
| 2020 | +8.2% | +13.7% | +178.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bloomington Day Care Corporation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bloomington Day Care Corporation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $296K, with expenses exceeding revenue.
Frequently Asked Questions about Bloomington Day Care Corporation
Is Bloomington Day Care Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Bloomington Day Care Corporation (EIN: 310971620) insufficient data. 0 red flags identified, 0 strengths noted.
How does Bloomington Day Care Corporation spend its money?
Detailed spending breakdown data is not yet available for Bloomington Day Care Corporation. Check back for updated IRS 990 analysis.
Are donations to Bloomington Day Care Corporation tax-deductible?
Bloomington Day Care Corporation is registered as a tax-exempt nonprofit (EIN: 310971620). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bloomington Day Care Corporation located?
Bloomington Day Care Corporation is headquartered in Bloomington, Indiana and files with the IRS under EIN 310971620. It is classified under NTEE code P33.
How many years of IRS 990 filings does Bloomington Day Care Corporation have?
Bloomington Day Care Corporation has 11 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 $1.7M in total revenue.
Filing History
IRS 990 filing history for Bloomington Day Care Corporation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2024), Bloomington Day Care Corporation's revenue has grown by 70.4%, moving from $865K to $1.5M. Total assets decreased by 123.9% over the same period, from $360K to $-86,056. Total functional expenses rose by 80.8%, from $979K to $1.8M. In its most recent filing year (2024), Bloomington Day Care Corporation reported a deficit of $296K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.5M | $1.8M | $-86,056 | $97K | — | View 990 |
| 2023 | $1.9M | $2.1M | $162K | $48K | — | View 990 |
| 2022 | $1.6M | $1.5M | $393K | $70K | — | View 990 |
| 2021 | $1.4M | $1.2M | $217K | $78K | — | View 990 |
| 2020 | $1.2M | $1.1M | $107K | $103K | — | View 990 |
| 2019 | $1.1M | $1.0M | $38K | $31K | — | View 990 |
| 2018 | $994K | $985K | $241K | $51K | — | View 990 |
| 2017 | $1.1M | $1.0M | $222K | $72K | — | View 990 |
| 2016 | $1.1M | $1.1M | $126K | $23K | — | View 990 |
| 2015 | $1.1M | $1.1M | $312K | $208K | — | — |
| 2011 | $865K | $979K | $360K | $222K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.5M, expenses of $1.8M, and assets of $-86,056 (revenue -21.8% year-over-year).
- 2023: Revenue of $1.9M, expenses of $2.1M, and assets of $162K (revenue +15.2% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.5M, and assets of $393K (revenue +16.8% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.2M, and assets of $217K (revenue +16.2% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.1M, and assets of $107K (revenue +8.2% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.0M, and assets of $38K (revenue +12.1% year-over-year).
- 2018: Revenue of $994K, expenses of $985K, and assets of $241K (revenue -7.5% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.0M, and assets of $222K (revenue -1.4% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.1M, and assets of $126K (revenue -2.2% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $312K (revenue +28.9% year-over-year).
- 2011: Revenue of $865K, expenses of $979K, and assets of $360K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bloomington Day Care Corporation:
Data Sources and Methodology
This transparency report for Bloomington Day Care Corporation 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.