Carroll Child Care Centers Inc
EIN: 520890366 · Westminster, MD · NTEE: P33Z
| Metric | Value |
|---|---|
| Total Revenue | $530K |
| Total Expenses | $603K |
| Net Assets | $380K |
Is Carroll Child Care Centers Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Carroll Child Care Centers Inc
Carroll Child Care Centers Inc (EIN: 520890366) is a nonprofit organization based in Westminster, MD, classified under NTEE code P33Z. The organization reported total revenue of $530K and total assets of $306K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carroll Child Care Centers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carroll Child Care Centers Inc is a small nonprofit that has been operating for 57 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $582K |
| Total Expenses | $603K |
| Surplus / Deficit | $-20,191 |
| Total Assets | $506K |
| Total Liabilities | $125K |
| Net Assets | $380K |
| Operating Margin | -3.5% |
| Debt-to-Asset Ratio | 24.8% |
| Months of Reserves | 10.1 months |
Financial Health Grade: B
In 2023, Carroll Child Care Centers Inc reported a deficit of $20K with expenses exceeding revenue, holds 10.1 months of operating reserves (strong position), has a debt-to-asset ratio of 24.8% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Carroll Child Care Centers Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.0% | +22.8% | -8.3% |
| 2022 | +12.2% | +11.8% | +16.0% |
| 2021 | +73.7% | -2.1% | +44.5% |
| 2020 | -28.0% | -2.5% | -3.2% |
| 2019 | +9.9% | -5.0% | -5.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1969 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Carroll Child Care Centers Inc 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 Carroll Child Care Centers Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $20K, with expenses exceeding revenue.
- Debt-to-asset ratio: 24.8%.
Frequently Asked Questions about Carroll Child Care Centers Inc
Is Carroll Child Care Centers Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Carroll Child Care Centers Inc (EIN: 520890366) insufficient data. 0 red flags identified, 0 strengths noted.
How does Carroll Child Care Centers Inc spend its money?
Detailed spending breakdown data is not yet available for Carroll Child Care Centers Inc. Check back for updated IRS 990 analysis.
Are donations to Carroll Child Care Centers Inc tax-deductible?
Carroll Child Care Centers Inc is registered as a tax-exempt nonprofit (EIN: 520890366). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Carroll Child Care Centers Inc located?
Carroll Child Care Centers Inc is headquartered in Westminster, Maryland and files with the IRS under EIN 520890366. It is classified under NTEE code P33Z.
How many years of IRS 990 filings does Carroll Child Care Centers Inc have?
Carroll Child Care Centers Inc has 12 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 $530K in total revenue.
Filing History
IRS 990 filing history for Carroll Child Care Centers Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Carroll Child Care Centers Inc's revenue has grown by 14.3%, moving from $510K to $582K. Total assets increased by 508.1% over the same period, from $83K to $506K. Total functional expenses rose by 21%, from $498K to $603K. In its most recent filing year (2023), Carroll Child Care Centers Inc reported a deficit of $20K, with expenses exceeding revenue. The organization holds $125K in liabilities against $506K in assets (debt-to-asset ratio: 24.8%), resulting in net assets of $380K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $582K | $603K | $506K | $125K | — | — |
| 2022 | $670K | $491K | $552K | $128K | — | View 990 |
| 2021 | $597K | $439K | $476K | $199K | — | View 990 |
| 2020 | $344K | $449K | $329K | $191K | — | View 990 |
| 2019 | $477K | $460K | $340K | $118K | — | View 990 |
| 2018 | $434K | $485K | $358K | $127K | — | — |
| 2017 | $493K | $504K | $425K | $118K | — | View 990 |
| 2016 | $484K | $493K | $458K | $115K | — | View 990 |
| 2015 | $472K | $393K | $258K | $123K | — | View 990 |
| 2014 | $437K | $351K | $193K | $137K | — | View 990 |
| 2013 | $375K | $380K | $110K | $141K | — | View 990 |
| 2012 | $510K | $498K | $83K | $108K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $582K, expenses of $603K, and assets of $506K (revenue -13.0% year-over-year).
- 2022: Revenue of $670K, expenses of $491K, and assets of $552K (revenue +12.2% year-over-year).
- 2021: Revenue of $597K, expenses of $439K, and assets of $476K (revenue +73.7% year-over-year).
- 2020: Revenue of $344K, expenses of $449K, and assets of $329K (revenue -28.0% year-over-year).
- 2019: Revenue of $477K, expenses of $460K, and assets of $340K (revenue +9.9% year-over-year).
- 2018: Revenue of $434K, expenses of $485K, and assets of $358K (revenue -11.9% year-over-year).
- 2017: Revenue of $493K, expenses of $504K, and assets of $425K (revenue +1.7% year-over-year).
- 2016: Revenue of $484K, expenses of $493K, and assets of $458K (revenue +2.6% year-over-year).
- 2015: Revenue of $472K, expenses of $393K, and assets of $258K (revenue +8.0% year-over-year).
- 2014: Revenue of $437K, expenses of $351K, and assets of $193K (revenue +16.7% year-over-year).
- 2013: Revenue of $375K, expenses of $380K, and assets of $110K (revenue -26.5% year-over-year).
- 2012: Revenue of $510K, expenses of $498K, and assets of $83K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carroll Child Care Centers Inc:
Data Sources and Methodology
This transparency report for Carroll Child Care 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.