Carriage House Day Care Center Inc
Carriage House Day Care Center: Steady Growth, Fiscal Prudence
EIN: 223075628 · Meriden, CT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $934K |
| Total Expenses | $976K |
| Program Spending | 85% |
| Net Assets | $517K |
| Transparency Score | 85/100 |
Is Carriage House Day Care Center Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Carriage House Day Care Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Carriage House Day Care Center Inc
Carriage House Day Care Center Inc (EIN: 223075628) is a nonprofit organization based in Meriden, CT. The organization reported total revenue of $934K and total assets of $635K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carriage House Day Care Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carriage House Day Care Center Inc is a small nonprofit that has been operating for 36 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 | $934K |
| Total Expenses | $976K |
| Surplus / Deficit | $-42,036 |
| Total Assets | $617K |
| Total Liabilities | $100K |
| Net Assets | $517K |
| Operating Margin | -4.5% |
| Debt-to-Asset Ratio | 16.2% |
| Months of Reserves | 7.6 months |
Financial Health Grade: B
In 2023, Carriage House Day Care Center Inc reported a deficit of $42K with expenses exceeding revenue, holds 7.6 months of operating reserves (strong position), has a debt-to-asset ratio of 16.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Carriage House Day Care Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.7% | +15.9% | -6.1% |
| 2022 | +32.7% | +19.3% | +6.8% |
| 2021 | +11.8% | +8.3% | +47.9% |
| 2020 | +11.0% | +7.9% | +65.1% |
| 2019 | +10.4% | +6.4% | +14.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Carriage House Day Care Center Inc with a Mission Score of 85 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, Carriage House 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 $42K, with expenses exceeding revenue.
- Debt-to-asset ratio: 16.2%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but the consistent low liability and strong asset base suggest responsible financial stewardship without excessive executive payouts.
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.
Strengths
The following positive indicators were identified for Carriage House Day Care Center Inc:
- Consistent revenue growth over the past several years, from $581,756 in 2018 to $934,352 in 2023.
- Strong asset base relative to liabilities, indicating financial stability and good long-term planning.
- Maintains low liabilities, demonstrating effective debt management.
- Positive trend in net assets, growing from $219,283 in 2018 to $616,806 in 2023.
Frequently Asked Questions about Carriage House Day Care Center Inc
Is Carriage House Day Care Center Inc a legitimate charity?
Carriage House Day Care Center Inc (EIN: 223075628) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $934K. No red flags identified. 4 strengths noted. Financial health grade: B.
How does Carriage House Day Care Center Inc spend its money?
Carriage House 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 Carriage House Day Care Center Inc tax-deductible?
Carriage House Day Care Center Inc is registered as a tax-exempt nonprofit (EIN: 223075628). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Carriage House Day Care Center Inc's spending goes to programs?
Carriage House Day Care Center Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Carriage House Day Care Center Inc located?
Carriage House Day Care Center Inc is headquartered in Meriden, Connecticut and files with the IRS under EIN 223075628.
How many years of IRS 990 filings does Carriage House Day Care Center Inc have?
Carriage House Day Care Center 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 $934K in total revenue.
What does Carriage House Day Care Center Inc do?
Carriage House Day Care Center Inc is a nonprofit organization in the Unknown sector, located in Meriden, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Carriage House Day Care Center Inc have?
Carriage House Day Care Center Inc reported total revenue of $933,579. Based on 13 IRS 990 filings on record.
What are Carriage House Day Care Center Inc's total assets?
Carriage House Day Care Center Inc holds total assets of $634,666 as reported in IRS 990 filings.
Where is Carriage House Day Care Center Inc located?
Carriage House Day Care Center Inc is based in Meriden, Connecticut.
What is Carriage House Day Care Center Inc's EIN?
Carriage House Day Care Center Inc's Employer Identification Number (EIN) is 223075628. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Carriage House Day Care Center Inc?
Carriage House Day Care Center Inc is classified under NTEE code Unknown (Unknown).
Is Carriage House Day Care Center Inc a registered 501(c)(3)?
Carriage House Day Care Center Inc appears in IRS records (EIN: 223075628). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Carriage House Day Care Center Inc file IRS Form 990?
Yes, Carriage House Day Care Center Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Carriage House Day Care Center Inc's revenue in 2023?
In the 202309 filing period, Carriage House Day Care Center Inc reported total revenue of $934,352, total expenses of $976,388, and net assets of $616,806.
Is Carriage House Day Care Center Inc's revenue growing or declining?
Carriage House Day Care Center Inc's revenue is declining. Revenue went from $1,057,729 (202209) to $934,352 (202309), a -11.7% change. Based on 13 filings on record.
What is Carriage House Day Care Center Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Carriage House Day Care Center Inc covers tax period 202309. It shows revenue of $934,352, expenses of $976,388, total assets of $616,806, and liabilities of $99,851.
How much does Carriage House Day Care Center Inc spend on programs vs administration?
Based on IRS 990 analysis, Carriage House Day Care Center Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Carriage House Day Care Center Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Carriage House Day Care Center Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Carriage House Day Care Center Inc's strengths?
Positive indicators for Carriage House Day Care Center Inc include: Consistent revenue growth over the past several years, from $581,756 in 2018 to $934,352 in 2023.. Strong asset base relative to liabilities, indicating financial stability and good long-term planning.. Maintains low liabilities, demonstrating effective debt management.. Positive trend in net assets, growing from $219,283 in 2018 to $616,806 in 2023.. These findings are derived from AI analysis of the organization's financial filings.
How does Carriage House Day Care Center Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, but the consistent low liability and strong asset base suggest responsible financial stewardship without excessive executive payouts. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Carriage House Day Care Center Inc?
• 2023 filings show total expenses of $976,388 against revenues of $934,352, indicating a slight operational deficit. • The organization consistently maintains a healthy asset base, with $616,806 in assets reported in 2023. • Liabilities remain low, at $99,851 in 2023, suggesting good financial management. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How has Carriage House Day Care Center Inc. managed to significantly increase its assets from $251,732 in 2019 to $616,806 in 2023 despite some years showing operational deficits?
The consistent growth in assets, even with occasional operational deficits, suggests effective capital management, potentially through strategic investments, grants, or non-operating income not detailed in the provided revenue figures, allowing for accumulation of resources over time.
Filing History
IRS 990 filing history for Carriage House Day Care Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Carriage House Day Care Center Inc's revenue has grown by 39.6%, moving from $669K to $934K. Total assets increased by 68.3% over the same period, from $367K to $617K. Total functional expenses rose by 59%, from $614K to $976K. In its most recent filing year (2023), Carriage House Day Care Center Inc reported a deficit of $42K, with expenses exceeding revenue. The organization holds $100K in liabilities against $617K in assets (debt-to-asset ratio: 16.2%), resulting in net assets of $517K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $934K | $976K | $617K | $100K | — | View 990 |
| 2022 | $1.1M | $842K | $657K | $98K | — | — |
| 2021 | $797K | $706K | $615K | $271K | — | View 990 |
| 2020 | $713K | $652K | $416K | $163K | — | View 990 |
| 2019 | $642K | $604K | $252K | $60K | — | View 990 |
| 2018 | $582K | $568K | $219K | $66K | — | View 990 |
| 2017 | $608K | $646K | $198K | $59K | — | View 990 |
| 2016 | $682K | $687K | $245K | $69K | — | View 990 |
| 2015 | $641K | $693K | $257K | $75K | — | View 990 |
| 2014 | $620K | $648K | $288K | $54K | — | View 990 |
| 2013 | $599K | $635K | $317K | $56K | — | View 990 |
| 2012 | $592K | $603K | $357K | $60K | — | View 990 |
| 2011 | $669K | $614K | $367K | $58K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $934K, expenses of $976K, and assets of $617K (revenue -11.7% year-over-year).
- 2022: Revenue of $1.1M, expenses of $842K, and assets of $657K (revenue +32.7% year-over-year).
- 2021: Revenue of $797K, expenses of $706K, and assets of $615K (revenue +11.8% year-over-year).
- 2020: Revenue of $713K, expenses of $652K, and assets of $416K (revenue +11.0% year-over-year).
- 2019: Revenue of $642K, expenses of $604K, and assets of $252K (revenue +10.4% year-over-year).
- 2018: Revenue of $582K, expenses of $568K, and assets of $219K (revenue -4.3% year-over-year).
- 2017: Revenue of $608K, expenses of $646K, and assets of $198K (revenue -10.8% year-over-year).
- 2016: Revenue of $682K, expenses of $687K, and assets of $245K (revenue +6.4% year-over-year).
- 2015: Revenue of $641K, expenses of $693K, and assets of $257K (revenue +3.4% year-over-year).
- 2014: Revenue of $620K, expenses of $648K, and assets of $288K (revenue +3.5% year-over-year).
- 2013: Revenue of $599K, expenses of $635K, and assets of $317K (revenue +1.1% year-over-year).
- 2012: Revenue of $592K, expenses of $603K, and assets of $357K (revenue -11.5% year-over-year).
- 2011: Revenue of $669K, expenses of $614K, and assets of $367K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carriage House Day Care Center Inc:
Data Sources and Methodology
This transparency report for Carriage House 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.