Burlington Childrens Space Inc
Burlington Childrens Space Inc: Declining Revenue, Inconsistent Spending
EIN: 222533646 · Burlington, VT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.2M |
| Program Spending | 70% |
| Net Assets | $347K |
| Transparency Score | 65/100 |
Is Burlington Childrens Space Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Burlington Childrens Space Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Burlington Childrens Space Inc
Burlington Childrens Space Inc (EIN: 222533646) is a nonprofit organization based in Burlington, VT. The organization reported total revenue of $1.3M and total assets of $444K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Burlington Childrens Space Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Burlington Childrens Space Inc is a mid-size nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-141,561 |
| Total Assets | $526K |
| Total Liabilities | $179K |
| Net Assets | $347K |
| Operating Margin | -14.0% |
| Debt-to-Asset Ratio | 34.0% |
| Months of Reserves | 5.5 months |
Financial Health Grade: B
In 2023, Burlington Childrens Space Inc reported a deficit of $142K with expenses exceeding revenue, holds 5.5 months of operating reserves (adequate), has a debt-to-asset ratio of 34.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Burlington Childrens Space Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +71.8% | +35.9% | -21.6% |
| 2022 | -31.5% | +8.5% | -28.3% |
| 2021 | -4.7% | -4.1% | +34.7% |
| 2020 | -0.1% | -13.0% | +44.9% |
| 2019 | +6.2% | +3.7% | +23.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Burlington Childrens Space Inc with a Mission Score of 65 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: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Burlington Childrens Space Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $142K, with expenses exceeding revenue.
- Debt-to-asset ratio: 34.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% for the highest-paid employees across all available filings, which is unusual for an organization of this size and suggests either a fully volunteer-run leadership or a lack of transparency in reporting compensation.
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 Burlington Childrens Space Inc's IRS 990 filings:
- Significant decline in revenue from $902,685 in 2019 to $1,010,960 in 2023, raising questions about sustainability.
- Consistent reporting of 0% compensation for highest-paid employees across all years, which is highly improbable and a red flag for financial transparency.
- Liabilities have steadily increased from $37,992 in 2017 to $178,767 in 2023, indicating growing financial obligations.
- Expenses have frequently exceeded revenue, leading to net losses in multiple years (e.g., 2023: $1,152,521 expenses vs. $1,010,960 revenue).
Strengths
The following positive indicators were identified for Burlington Childrens Space Inc:
- Maintains a consistent level of assets, suggesting some financial stability despite revenue fluctuations.
- Long operational history (data back to 2016) indicates established presence in the community.
Frequently Asked Questions about Burlington Childrens Space Inc
Is Burlington Childrens Space Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Burlington Childrens Space Inc (EIN: 222533646) some concerns. Mission Score: 65/100. 4 red flags identified, 2 strengths noted.
How does Burlington Childrens Space Inc spend its money?
Burlington Childrens Space Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Burlington Childrens Space Inc tax-deductible?
Burlington Childrens Space Inc is registered as a tax-exempt nonprofit (EIN: 222533646). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Burlington Childrens Space Inc's spending goes to programs?
Burlington Childrens Space Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Burlington Childrens Space Inc located?
Burlington Childrens Space Inc is headquartered in Burlington, Vermont and files with the IRS under EIN 222533646.
How many years of IRS 990 filings does Burlington Childrens Space Inc have?
Burlington Childrens Space Inc has 13 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 $1.3M in total revenue.
What does Burlington Childrens Space Inc do?
Burlington Childrens Space Inc is a nonprofit organization in the Unknown sector, located in Burlington, Vermont. It is classified under NTEE code Unknown.
How much revenue does Burlington Childrens Space Inc have?
Burlington Childrens Space Inc reported total revenue of $1,310,962. Based on 13 IRS 990 filings on record.
What are Burlington Childrens Space Inc's total assets?
Burlington Childrens Space Inc holds total assets of $443,949 as reported in IRS 990 filings.
Where is Burlington Childrens Space Inc located?
Burlington Childrens Space Inc is based in Burlington, Vermont.
What is Burlington Childrens Space Inc's EIN?
Burlington Childrens Space Inc's Employer Identification Number (EIN) is 222533646. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Burlington Childrens Space Inc?
Burlington Childrens Space Inc is classified under NTEE code Unknown (Unknown).
Is Burlington Childrens Space Inc a registered 501(c)(3)?
Burlington Childrens Space Inc appears in IRS records (EIN: 222533646). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Burlington Childrens Space Inc file IRS Form 990?
Yes, Burlington Childrens Space Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Burlington Childrens Space Inc's revenue in 2023?
In the 202312 filing period, Burlington Childrens Space Inc reported total revenue of $1,010,960, total expenses of $1,152,521, and net assets of $525,716.
Is Burlington Childrens Space Inc's revenue growing or declining?
Burlington Childrens Space Inc's revenue is growing. Revenue went from $588,447 (202212) to $1,010,960 (202312), a +71.8% change. Based on 13 filings on record.
What is Burlington Childrens Space Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Burlington Childrens Space Inc covers tax period 202312. It shows revenue of $1,010,960, expenses of $1,152,521, total assets of $525,716, and liabilities of $178,767.
How much does Burlington Childrens Space Inc spend on programs vs administration?
Based on IRS 990 analysis, Burlington Childrens Space Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Burlington Childrens Space Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Burlington Childrens Space Inc shows mixed signals. Mission Score: 65/100 (Good). 4 red flags identified. 2 strengths noted.
What are the red flags for Burlington Childrens Space Inc?
The following concerns were identified: Significant decline in revenue from $902,685 in 2019 to $1,010,960 in 2023, raising questions about sustainability.. Consistent reporting of 0% compensation for highest-paid employees across all years, which is highly improbable and a red flag for financial transparency.. Liabilities have steadily increased from $37,992 in 2017 to $178,767 in 2023, indicating growing financial obligations.. Expenses have frequently exceeded revenue, leading to net losses in multiple years (e.g., 2023: $1,152,521 expenses vs. $1,010,960 revenue).. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Burlington Childrens Space Inc's strengths?
Positive indicators for Burlington Childrens Space Inc include: Maintains a consistent level of assets, suggesting some financial stability despite revenue fluctuations.. Long operational history (data back to 2016) indicates established presence in the community.. These findings are derived from AI analysis of the organization's financial filings.
How does Burlington Childrens Space Inc compensate executives?
Executive compensation is reported as 0% for the highest-paid employees across all available filings, which is unusual for an organization of this size and suggests either a fully volunteer-run leadership or a lack of transparency in reporting compensation. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Burlington Childrens Space Inc?
• The organization's revenue has shown a significant decline from $902,685 in 2019 to $1,010,960 in 2023, with fluctuations. • Liabilities have increased from $37,992 in 2017 to $178,767 in 2023, indicating potential financial strain. • The organization consistently reports 0% compensation for its highest-paid employees, which may indicate underreporting or reliance on volunteers. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent reporting of 0% executive compensation, how does Burlington Childrens Space Inc attract and retain leadership, and what is the actual compensation structure for its key personnel?
The consistent 0% compensation reported for the highest-paid employees across all filings is highly unusual and suggests either a fully volunteer-led organization, or that compensation is being reported in a way that does not reflect the full picture, potentially through related party transactions or other non-salary benefits not disclosed in these specific line items. Further investigation into their Form 990, Schedule J, would be necessary to understand the true compensation structure.
What factors contributed to the significant revenue decline from 2019 to 2023, and what strategies are in place to reverse this trend and ensure long-term financial viability?
The data shows a notable drop in revenue from $902,685 in 2019 to $1,010,960 in 2023, with an all-time high of $1,010,960 in 2023. This fluctuation, coupled with expenses often exceeding revenue, indicates potential challenges in fundraising or program funding. The organization needs to articulate specific strategies to stabilize and grow its revenue streams to avoid continued net losses and increasing liabilities.
Filing History
IRS 990 filing history for Burlington Childrens Space Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Burlington Childrens Space Inc's revenue has grown by 40.8%, moving from $718K to $1.0M. Total assets increased by 75.5% over the same period, from $300K to $526K. Total functional expenses rose by 67.1%, from $690K to $1.2M. In its most recent filing year (2023), Burlington Childrens Space Inc reported a deficit of $142K, with expenses exceeding revenue. The organization holds $179K in liabilities against $526K in assets (debt-to-asset ratio: 34.0%), resulting in net assets of $347K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $1.2M | $526K | $179K | — | — |
| 2022 | $588K | $848K | $670K | $182K | — | View 990 |
| 2021 | $859K | $781K | $935K | $187K | — | View 990 |
| 2020 | $902K | $815K | $694K | $325K | — | — |
| 2019 | $903K | $937K | $479K | $202K | — | View 990 |
| 2018 | $850K | $903K | $387K | $109K | — | View 990 |
| 2017 | $864K | $877K | $384K | $38K | — | View 990 |
| 2016 | $879K | $882K | $358K | $32K | — | View 990 |
| 2015 | $806K | $843K | $348K | $32K | — | View 990 |
| 2014 | $838K | $790K | $376K | $14K | — | View 990 |
| 2013 | $782K | $775K | $330K | $16K | — | View 990 |
| 2012 | $753K | $735K | $317K | $15K | — | View 990 |
| 2011 | $718K | $690K | $300K | $18K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $1.2M, and assets of $526K (revenue +71.8% year-over-year).
- 2022: Revenue of $588K, expenses of $848K, and assets of $670K (revenue -31.5% year-over-year).
- 2021: Revenue of $859K, expenses of $781K, and assets of $935K (revenue -4.7% year-over-year).
- 2020: Revenue of $902K, expenses of $815K, and assets of $694K (revenue -0.1% year-over-year).
- 2019: Revenue of $903K, expenses of $937K, and assets of $479K (revenue +6.2% year-over-year).
- 2018: Revenue of $850K, expenses of $903K, and assets of $387K (revenue -1.6% year-over-year).
- 2017: Revenue of $864K, expenses of $877K, and assets of $384K (revenue -1.8% year-over-year).
- 2016: Revenue of $879K, expenses of $882K, and assets of $358K (revenue +9.1% year-over-year).
- 2015: Revenue of $806K, expenses of $843K, and assets of $348K (revenue -3.8% year-over-year).
- 2014: Revenue of $838K, expenses of $790K, and assets of $376K (revenue +7.2% year-over-year).
- 2013: Revenue of $782K, expenses of $775K, and assets of $330K (revenue +3.7% year-over-year).
- 2012: Revenue of $753K, expenses of $735K, and assets of $317K (revenue +4.9% year-over-year).
- 2011: Revenue of $718K, expenses of $690K, and assets of $300K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Burlington Childrens Space Inc:
Data Sources and Methodology
This transparency report for Burlington Childrens Space 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.