Catherine Morrill Day Nursery
Catherine Morrill Day Nursery consistently grows revenue and assets with zero reported officer compensation.
EIN: 10211542 · Portland, ME · NTEE: P330 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $1.3M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.5 |
| Net Assets | $2.1M |
| Transparency Score | 92/100 |
Is Catherine Morrill Day Nursery Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Catherine Morrill Day Nursery directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Catherine Morrill Day Nursery
Catherine Morrill Day Nursery (EIN: 10211542) is a nonprofit organization based in Portland, ME, classified under NTEE code P330. The organization reported total revenue of $1.6M and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Catherine Morrill Day Nursery's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Catherine Morrill Day Nursery is a mid-size nonprofit that has been operating for 89 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$226K |
| Total Assets | $2.2M |
| Total Liabilities | $154K |
| Net Assets | $2.1M |
| Operating Margin | 15.1% |
| Debt-to-Asset Ratio | 6.9% |
| Months of Reserves | 21.1 months |
Financial Health Grade: A
In 2023, Catherine Morrill Day Nursery reported a surplus of $226K with revenue exceeding expenses, holds 21.1 months of operating reserves (strong position), has a debt-to-asset ratio of 6.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Catherine Morrill Day Nursery's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.3% | -1.9% | +17.7% |
| 2022 | -4.4% | -1.4% | -7.2% |
| 2021 | +14.5% | +13.7% | +15.5% |
| 2020 | -4.1% | -9.1% | +2.3% |
| 2019 | +4.3% | +12.6% | -6.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1937 |
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 Catherine Morrill Day Nursery with a Mission Score of 92 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: 90%
- fundraising: 0%
According to IRS 990 filings, Catherine Morrill Day Nursery allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 surplus of $226K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership either serves on a volunteer basis or is compensated through other means not classified as officer compensation, which is highly favorable for a nonprofit of its size with revenues approaching $1.5 million.
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 Catherine Morrill Day Nursery:
- Consistent revenue growth, from $922,012 in 2014 to $1,498,807 in 2023.
- Zero reported officer compensation across all filings, indicating high efficiency.
- Healthy asset accumulation, reaching $2,240,494 in 2023.
- Expenses consistently below revenue, leading to financial stability and surpluses.
- Low liabilities relative to assets, indicating strong financial management.
Frequently Asked Questions about Catherine Morrill Day Nursery
Is Catherine Morrill Day Nursery a legitimate charity?
Based on AI analysis of IRS 990 filings, Catherine Morrill Day Nursery (EIN: 10211542) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Catherine Morrill Day Nursery spend its money?
Catherine Morrill Day Nursery directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Catherine Morrill Day Nursery tax-deductible?
Catherine Morrill Day Nursery is registered as a tax-exempt nonprofit (EIN: 10211542). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Catherine Morrill Day Nursery CEO make?
Catherine Morrill Day Nursery's highest-compensated officer earns $1.5 annually. The organization reported $1.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Catherine Morrill Day Nursery compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Catherine Morrill Day Nursery is above average for NTEE category P330 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Catherine Morrill Day Nursery located?
Catherine Morrill Day Nursery is headquartered in Portland, Maine and files with the IRS under EIN 10211542. It is classified under NTEE code P330.
How many years of IRS 990 filings does Catherine Morrill Day Nursery have?
Catherine Morrill Day Nursery 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 $1.6M in total revenue.
Is Catherine Morrill Day Nursery a good charity?
Based on the financial data, Catherine Morrill Day Nursery appears to be a very good charity. It consistently directs funds towards its mission, maintains healthy finances, and reports no officer compensation, indicating efficient use of donor funds.
How has the organization's revenue grown over time?
The organization has shown consistent revenue growth, increasing from $922,012 in 2014 to $1,498,807 in 2023, demonstrating a strong upward trend in its financial capacity.
What is the organization's approach to executive compensation?
Catherine Morrill Day Nursery consistently reports 0% for officer compensation across all available filings, suggesting a highly volunteer-driven leadership or a structure that minimizes executive pay to maximize program spending.
Filing History
IRS 990 filing history for Catherine Morrill Day Nursery showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Catherine Morrill Day Nursery's revenue has grown by 72.7%, moving from $868K to $1.5M. Total assets increased by 120.1% over the same period, from $1.0M to $2.2M. Total functional expenses rose by 41.5%, from $900K to $1.3M. In its most recent filing year (2023), Catherine Morrill Day Nursery reported a surplus of $226K, with revenue exceeding expenses. The organization holds $154K in liabilities against $2.2M in assets (debt-to-asset ratio: 6.9%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.3M | $2.2M | $154K | — | View 990 |
| 2022 | $1.4M | $1.3M | $1.9M | $162K | — | View 990 |
| 2021 | $1.4M | $1.3M | $2.1M | $196K | — | View 990 |
| 2020 | $1.3M | $1.2M | $1.8M | $190K | — | View 990 |
| 2019 | $1.3M | $1.3M | $1.7M | $258K | — | View 990 |
| 2018 | $1.3M | $1.1M | $1.9M | $409K | — | View 990 |
| 2017 | $1.0M | $1.1M | $1.5M | $296K | — | View 990 |
| 2016 | $941K | $990K | $1.5M | $276K | — | View 990 |
| 2015 | $934K | $996K | $1.5M | $294K | — | View 990 |
| 2014 | $922K | $966K | $1.6M | $309K | — | View 990 |
| 2013 | $1.3M | $952K | $1.6M | $312K | — | View 990 |
| 2012 | $921K | $895K | $1.1M | $57K | — | View 990 |
| 2011 | $868K | $900K | $1.0M | $48K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.3M, and assets of $2.2M (revenue +8.3% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.3M, and assets of $1.9M (revenue -4.4% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.3M, and assets of $2.1M (revenue +14.5% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.2M, and assets of $1.8M (revenue -4.1% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.3M, and assets of $1.7M (revenue +4.3% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.1M, and assets of $1.9M (revenue +22.6% year-over-year).
- 2017: Revenue of $1.0M, expenses of $1.1M, and assets of $1.5M (revenue +9.5% year-over-year).
- 2016: Revenue of $941K, expenses of $990K, and assets of $1.5M (revenue +0.7% year-over-year).
- 2015: Revenue of $934K, expenses of $996K, and assets of $1.5M (revenue +1.3% year-over-year).
- 2014: Revenue of $922K, expenses of $966K, and assets of $1.6M (revenue -29.4% year-over-year).
- 2013: Revenue of $1.3M, expenses of $952K, and assets of $1.6M (revenue +41.7% year-over-year).
- 2012: Revenue of $921K, expenses of $895K, and assets of $1.1M (revenue +6.1% year-over-year).
- 2011: Revenue of $868K, expenses of $900K, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Catherine Morrill Day Nursery:
Data Sources and Methodology
This transparency report for Catherine Morrill Day Nursery 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.