Capital Milestone Child Care Inc
Capital Milestone Child Care Inc. faces recent operating deficits despite a history of stable revenue.
EIN: 141645413 · Albany, NY · NTEE: P33Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $2.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $602K |
| Transparency Score | 80/100 |
Is Capital Milestone Child Care Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Capital Milestone Child Care Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Capital Milestone Child Care Inc
Capital Milestone Child Care Inc (EIN: 141645413) is a nonprofit organization based in Albany, NY, classified under NTEE code P33Z. The organization reported total revenue of $2.3M and total assets of $471K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Capital Milestone Child Care Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Capital Milestone Child Care Inc is a mid-size nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $2.6M |
| Surplus / Deficit | $-325,093 |
| Total Assets | $847K |
| Total Liabilities | $245K |
| Net Assets | $602K |
| Operating Margin | -14.5% |
| Debt-to-Asset Ratio | 28.9% |
| Months of Reserves | 4.0 months |
Financial Health Grade: B
In 2023, Capital Milestone Child Care Inc reported a deficit of $325K with expenses exceeding revenue, holds 4.0 months of operating reserves (adequate), has a debt-to-asset ratio of 28.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Capital Milestone Child Care Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.5% | +18.8% | -12.5% |
| 2022 | -21.3% | +29.9% | -22.3% |
| 2021 | +48.2% | -17.6% | +82.6% |
| 2020 | -20.2% | -5.3% | -4.5% |
| 2019 | +0.5% | +8.5% | +10.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Capital Milestone Child Care 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, Capital Milestone Child Care 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 $325K, with expenses exceeding revenue.
- Debt-to-asset ratio: 28.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries or other compensation were paid to officers, which is highly commendable for an organization of its size with revenues exceeding $2 million annually.
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 Capital Milestone Child Care Inc's IRS 990 filings:
- Recent operating deficits (e.g., 202308 expenses $2,562,969 vs. revenue $2,237,876)
- Increase in liabilities in the most recent filing (202308 liabilities $245,057 vs. $34,031 in 202208)
Strengths
The following positive indicators were identified for Capital Milestone Child Care Inc:
- Consistent 0% officer compensation across all filings, indicating strong resource allocation to mission.
- Long history of IRS 990 filings (13 filings), demonstrating transparency.
- Significant revenue generation, consistently over $1.3 million annually for the past decade.
Frequently Asked Questions about Capital Milestone Child Care Inc
Is Capital Milestone Child Care Inc a legitimate charity?
Capital Milestone Child Care Inc (EIN: 141645413) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.3M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Capital Milestone Child Care Inc spend its money?
Capital Milestone Child Care Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Capital Milestone Child Care Inc tax-deductible?
Capital Milestone Child Care Inc is registered as a tax-exempt nonprofit (EIN: 141645413). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Capital Milestone Child Care Inc CEO make?
Capital Milestone Child Care Inc's highest-compensated officer earns $2 annually. The organization reported $2.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Capital Milestone Child Care Inc's spending goes to programs?
Capital Milestone Child Care Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Capital Milestone Child Care Inc compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Capital Milestone Child Care Inc is above average for NTEE category P33Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Capital Milestone Child Care Inc located?
Capital Milestone Child Care Inc is headquartered in Albany, New York and files with the IRS under EIN 141645413. It is classified under NTEE code P33Z.
How many years of IRS 990 filings does Capital Milestone Child Care Inc have?
Capital Milestone Child Care 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 $2.3M in total revenue.
Is Capital Milestone Child Care Inc. financially sustainable given recent deficits?
The organization has experienced deficits in the 202308, 202208, and 202008 periods, with expenses exceeding revenue. For example, in 202308, expenses were $2,562,969 against revenue of $2,237,876. While it has recovered from deficits in the past, the recent trend warrants monitoring to ensure long-term financial sustainability.
How does the lack of officer compensation impact the organization?
The consistent reporting of 0% officer compensation is a significant positive, indicating that all available funds are directed towards the organization's mission and operational costs rather than executive salaries. This suggests a high level of dedication and efficiency in resource allocation.
What is the trend in the organization's assets and liabilities?
Assets have fluctuated, peaking at $1,245,793 in 202108 and decreasing to $846,907 in 202308. Liabilities have generally been manageable but saw an increase to $245,057 in 202308, up from $34,031 in 202208, which should be monitored.
Filing History
IRS 990 filing history for Capital Milestone Child Care Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Capital Milestone Child Care Inc's revenue has grown by 39%, moving from $1.6M to $2.2M. Total assets increased by 94.7% over the same period, from $435K to $847K. Total functional expenses rose by 48.4%, from $1.7M to $2.6M. In its most recent filing year (2023), Capital Milestone Child Care Inc reported a deficit of $325K, with expenses exceeding revenue. The organization holds $245K in liabilities against $847K in assets (debt-to-asset ratio: 28.9%), resulting in net assets of $602K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $2.6M | $847K | $245K | — | View 990 |
| 2022 | $2.0M | $2.2M | $968K | $34K | — | View 990 |
| 2021 | $2.6M | $1.7M | $1.2M | $151K | — | View 990 |
| 2020 | $1.7M | $2.0M | $682K | $478K | — | View 990 |
| 2019 | $2.2M | $2.1M | $714K | $215K | — | View 990 |
| 2018 | $2.1M | $2.0M | $649K | $180K | — | View 990 |
| 2017 | $1.9M | $1.8M | $455K | $172K | — | View 990 |
| 2016 | $1.5M | $1.4M | $349K | $177K | — | View 990 |
| 2015 | $1.4M | $1.4M | $306K | $231K | — | View 990 |
| 2014 | $1.4M | $1.4M | $301K | $200K | — | View 990 |
| 2013 | $1.4M | $1.5M | $330K | $208K | — | View 990 |
| 2012 | $1.5M | $1.5M | $413K | $209K | — | View 990 |
| 2011 | $1.6M | $1.7M | $435K | $176K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $2.6M, and assets of $847K (revenue +11.5% year-over-year).
- 2022: Revenue of $2.0M, expenses of $2.2M, and assets of $968K (revenue -21.3% year-over-year).
- 2021: Revenue of $2.6M, expenses of $1.7M, and assets of $1.2M (revenue +48.2% year-over-year).
- 2020: Revenue of $1.7M, expenses of $2.0M, and assets of $682K (revenue -20.2% year-over-year).
- 2019: Revenue of $2.2M, expenses of $2.1M, and assets of $714K (revenue +0.5% year-over-year).
- 2018: Revenue of $2.1M, expenses of $2.0M, and assets of $649K (revenue +14.2% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.8M, and assets of $455K (revenue +27.5% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.4M, and assets of $349K (revenue +7.7% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.4M, and assets of $306K (revenue -2.4% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.4M, and assets of $301K (revenue +1.1% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.5M, and assets of $330K (revenue -4.6% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.5M, and assets of $413K (revenue -9.7% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.7M, and assets of $435K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Capital Milestone Child Care Inc:
Data Sources and Methodology
This transparency report for Capital Milestone Child Care 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.