Building Blocks Early Education Centers Inc
Building Blocks Early Education Centers Inc shows consistent multi-million dollar revenues and growing assets historically, with no reported officer compensation.
EIN: 205407568 · Fayetteville, NC · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $4.1M |
| Program Spending | 85% |
| Net Assets | $1.5M |
| Transparency Score | 80/100 |
Is Building Blocks Early Education Centers Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Building Blocks Early Education Centers Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Building Blocks Early Education Centers Inc
Building Blocks Early Education Centers Inc (EIN: 205407568) is a nonprofit organization based in Fayetteville, NC. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Building Blocks Early Education Centers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Building Blocks Early Education Centers Inc is a mid-size nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -0.2%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.1M |
| Total Expenses | $4.1M |
| Surplus / Deficit | $-6,295 |
| Total Assets | $8.0M |
| Total Liabilities | $6.5M |
| Net Assets | $1.5M |
| Operating Margin | -0.2% |
| Debt-to-Asset Ratio | 81.1% |
| Months of Reserves | 23.4 months |
Financial Health Grade: C
In 2015, Building Blocks Early Education Centers Inc reported a deficit of $6K with expenses exceeding revenue, holds 23.4 months of operating reserves (strong position), has a debt-to-asset ratio of 81.1% (high leverage).
Financial Trends
Over 5 years of filings (2011–2015), Building Blocks Early Education Centers Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -8.3% | +7.9% | +0.6% |
| 2014 | +8.0% | -6.9% | +7.0% |
| 2013 | -14.7% | -8.5% | +106.5% |
| 2012 | +17.3% | +16.7% | +256.7% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Building Blocks Early Education Centers Inc with a Mission Score of 80 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Building Blocks Early Education Centers 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 81.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a volunteer executive leadership or that executive salaries are categorized differently, which enhances the perception of funds directly supporting the 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.
Red Flags
The following concerns were identified during AI analysis of Building Blocks Early Education Centers Inc's IRS 990 filings:
- Latest filing shows $0 revenue and assets, contradicting historical multi-million dollar operations.
- NTEE Code is unknown, which limits understanding of its specific programmatic focus.
Strengths
The following positive indicators were identified for Building Blocks Early Education Centers Inc:
- Consistent multi-million dollar revenue generation historically.
- Significant growth in assets from $1 million in 2011 to over $8 million in 2015.
- No reported officer compensation across all available filings, suggesting efficient use of funds.
- Expenses generally align with revenue, indicating funds are being utilized for operations.
Frequently Asked Questions about Building Blocks Early Education Centers Inc
Is Building Blocks Early Education Centers Inc a legitimate charity?
Building Blocks Early Education Centers Inc (EIN: 205407568) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 80/100. It has 5 years of IRS 990 filings on record. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does Building Blocks Early Education Centers Inc spend its money?
Building Blocks Early Education Centers Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Building Blocks Early Education Centers Inc tax-deductible?
Building Blocks Early Education Centers Inc is registered as a tax-exempt nonprofit (EIN: 205407568). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Building Blocks Early Education Centers Inc's spending goes to programs?
Building Blocks Early Education Centers Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Building Blocks Early Education Centers Inc located?
Building Blocks Early Education Centers Inc is headquartered in Fayetteville, North Carolina and files with the IRS under EIN 205407568.
How many years of IRS 990 filings does Building Blocks Early Education Centers Inc have?
Building Blocks Early Education Centers Inc has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Building Blocks Early Education Centers Inc a good charity?
Based on historical data, the organization appears to be financially stable with consistent revenue and growing assets. The lack of reported officer compensation is a positive indicator for efficient use of funds. However, the latest filing showing $0 revenue and assets needs clarification to provide a current assessment.
Why does the latest filing show $0 revenue and assets?
The provided data indicates the latest revenue and assets are $0. This is a significant discrepancy compared to previous years where revenue was in the millions and assets were substantial. This could be due to a data entry error, a change in reporting, or a significant operational change not reflected in the historical data. Further investigation into the specific filing would be necessary.
How has the organization's asset base changed over time?
The organization's assets have grown significantly, from $1,013,415 in 2011 to $8,041,009 in 2015, indicating strong financial growth and accumulation of resources.
What is the trend in revenue versus expenses?
Revenue and expenses have generally tracked closely. For example, in 2015, revenue was $4,120,187 and expenses were $4,126,482, showing that most incoming funds are being spent on operations. In 2014, revenue ($4,494,915) exceeded expenses ($3,822,902), leading to a surplus.
Filing History
IRS 990 filing history for Building Blocks Early Education Centers Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Building Blocks Early Education Centers Inc's revenue has declined by 1%, moving from $4.2M to $4.1M. Total assets increased by 693.5% over the same period, from $1.0M to $8.0M. Total functional expenses rose by 7.3%, from $3.8M to $4.1M. In its most recent filing year (2015), Building Blocks Early Education Centers Inc reported a deficit of $6K, with expenses exceeding revenue. The organization holds $6.5M in liabilities against $8.0M in assets (debt-to-asset ratio: 81.1%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $4.1M | $4.1M | $8.0M | $6.5M | — | View 990 |
| 2014 | $4.5M | $3.8M | $8.0M | $6.6M | — | View 990 |
| 2013 | $4.2M | $4.1M | $7.5M | $6.7M | — | View 990 |
| 2012 | $4.9M | $4.5M | $3.6M | $2.9M | — | View 990 |
| 2011 | $4.2M | $3.8M | $1.0M | $732K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $4.1M, expenses of $4.1M, and assets of $8.0M (revenue -8.3% year-over-year).
- 2014: Revenue of $4.5M, expenses of $3.8M, and assets of $8.0M (revenue +8.0% year-over-year).
- 2013: Revenue of $4.2M, expenses of $4.1M, and assets of $7.5M (revenue -14.7% year-over-year).
- 2012: Revenue of $4.9M, expenses of $4.5M, and assets of $3.6M (revenue +17.3% year-over-year).
- 2011: Revenue of $4.2M, expenses of $3.8M, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Building Blocks Early Education Centers Inc:
Data Sources and Methodology
This transparency report for Building Blocks Early Education Centers 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.