Cashiers Valley Preschool Inc
Cashiers Valley Preschool sees significant revenue growth after years of fluctuation, maintaining zero officer compensation.
EIN: 205116840 · Cashiers, NC · NTEE: B21 · Updated: 2026-03-28
Is Cashiers Valley Preschool Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cashiers Valley Preschool Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cashiers Valley Preschool Inc
Cashiers Valley Preschool Inc (EIN: 205116840) is a nonprofit organization based in Cashiers, NC, classified under NTEE code B21. The organization reported total revenue of $349K and total assets of $253K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cashiers Valley Preschool Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cashiers Valley Preschool Inc is a small nonprofit that has been operating for 1 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -15.4%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $54K |
| Total Expenses | $87K |
| Surplus / Deficit | $-33,423 |
| Total Assets | $209K |
| Total Liabilities | $45K |
| Net Assets | $164K |
| Operating Margin | -62.0% |
| Debt-to-Asset Ratio | 21.5% |
| Months of Reserves | 28.8 months |
Financial Health Grade: B
In 2020, Cashiers Valley Preschool Inc reported a deficit of $33K with expenses exceeding revenue, holds 28.8 months of operating reserves (strong position), has a debt-to-asset ratio of 21.5% (moderate leverage).
Financial Trends
Over 10 years of filings (2011–2020), Cashiers Valley Preschool Inc's revenue has declined at a compound annual growth rate (CAGR) of -15.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +43.8% | -16.3% | +8.1% |
| 2019 | -75.3% | -30.4% | -15.0% |
| 2018 | -19.5% | -6.9% | -1.0% |
| 2017 | +3.6% | -1.3% | +3.3% |
| 2016 | -15.8% | -16.6% | +5.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2025 |
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 Cashiers Valley Preschool Inc with a Mission Score of 90 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, Cashiers Valley Preschool 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $33K, with expenses exceeding revenue.
- Debt-to-asset ratio: 21.5%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly commendable for a nonprofit of its size.
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 Cashiers Valley Preschool Inc's IRS 990 filings:
- Periods of expenses exceeding revenue (e.g., 2019 and 2020 filings)
Strengths
The following positive indicators were identified for Cashiers Valley Preschool Inc:
- Consistent 0% officer compensation across all filings
- Significant recent revenue growth to $348,814
- Healthy and growing asset base ($253,365 currently)
- Long history of IRS 990 filings demonstrating transparency
Frequently Asked Questions about Cashiers Valley Preschool Inc
Is Cashiers Valley Preschool Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cashiers Valley Preschool Inc (EIN: 205116840) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Cashiers Valley Preschool Inc spend its money?
Cashiers Valley Preschool Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cashiers Valley Preschool Inc tax-deductible?
Cashiers Valley Preschool Inc is registered as a tax-exempt nonprofit (EIN: 205116840). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Cashiers Valley Preschool Inc. financially stable?
The organization shows signs of financial stability with current assets of $253,365 and a recent revenue increase to $348,814. While there were periods where expenses exceeded revenue (e.g., 2019 and 2020), the overall trend in assets and recent revenue growth are positive indicators.
How does Cashiers Valley Preschool Inc. manage its executive compensation?
Cashiers Valley Preschool Inc. reports 0% officer compensation across all ten available IRS 990 filings, meaning no salaries are paid to its officers, which is a strong positive for resource allocation.
What is the trend in the organization's revenue?
Revenue has fluctuated significantly over the past decade, with a notable decline from $275,658 in 2013 to $37,498 in 2019, followed by a substantial recovery and increase to $348,814 in the latest period.
Filing History
IRS 990 filing history for Cashiers Valley Preschool Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Cashiers Valley Preschool Inc's revenue has declined by 77.8%, moving from $243K to $54K. Total assets increased by 152.9% over the same period, from $83K to $209K. Total functional expenses fell by 59.8%, from $217K to $87K. In its most recent filing year (2020), Cashiers Valley Preschool Inc reported a deficit of $33K, with expenses exceeding revenue. The organization holds $45K in liabilities against $209K in assets (debt-to-asset ratio: 21.5%), resulting in net assets of $164K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $54K | $87K | $209K | $45K | — | — |
| 2019 | $37K | $104K | $194K | $32K | — | View 990 |
| 2018 | $152K | $150K | $228K | $32K | — | View 990 |
| 2017 | $188K | $161K | $230K | $32K | — | View 990 |
| 2016 | $182K | $163K | $223K | $51K | — | View 990 |
| 2015 | $216K | $196K | $212K | $59K | — | View 990 |
| 2014 | $249K | $235K | $209K | $76K | — | View 990 |
| 2013 | $276K | $237K | $175K | $56K | — | View 990 |
| 2012 | $248K | $228K | $109K | $0 | — | View 990 |
| 2011 | $243K | $217K | $83K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $54K, expenses of $87K, and assets of $209K (revenue +43.8% year-over-year).
- 2019: Revenue of $37K, expenses of $104K, and assets of $194K (revenue -75.3% year-over-year).
- 2018: Revenue of $152K, expenses of $150K, and assets of $228K (revenue -19.5% year-over-year).
- 2017: Revenue of $188K, expenses of $161K, and assets of $230K (revenue +3.6% year-over-year).
- 2016: Revenue of $182K, expenses of $163K, and assets of $223K (revenue -15.8% year-over-year).
- 2015: Revenue of $216K, expenses of $196K, and assets of $212K (revenue -13.3% year-over-year).
- 2014: Revenue of $249K, expenses of $235K, and assets of $209K (revenue -9.6% year-over-year).
- 2013: Revenue of $276K, expenses of $237K, and assets of $175K (revenue +11.1% year-over-year).
- 2012: Revenue of $248K, expenses of $228K, and assets of $109K (revenue +2.0% year-over-year).
- 2011: Revenue of $243K, expenses of $217K, and assets of $83K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cashiers Valley Preschool Inc:
Data Sources and Methodology
This transparency report for Cashiers Valley Preschool 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.