Center For Handicapped Children Inc
Center For Handicapped Children Inc shows asset growth despite recent operating deficit and increased liabilities.
EIN: 161023103 · Amherst, NY · NTEE: B280 · Updated: 2026-03-28
Is Center For Handicapped Children Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Center For Handicapped Children Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Center For Handicapped Children Inc
Center For Handicapped Children Inc (EIN: 161023103) is a nonprofit organization based in Amherst, NY, classified under NTEE code B280. The organization reported total revenue of $4.8M and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Center For Handicapped Children Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Center For Handicapped Children Inc is a mid-size nonprofit that has been operating for 52 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.9M |
| Total Expenses | $4.3M |
| Surplus / Deficit | $-319,590 |
| Total Assets | $3.1M |
| Total Liabilities | $2.5M |
| Net Assets | $625K |
| Operating Margin | -8.1% |
| Debt-to-Asset Ratio | 80.2% |
| Months of Reserves | 8.9 months |
Financial Health Grade: C
In 2023, Center For Handicapped Children Inc reported a deficit of $320K with expenses exceeding revenue, holds 8.9 months of operating reserves (strong position), has a debt-to-asset ratio of 80.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Center For Handicapped Children Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.4% | +6.6% | +151.2% |
| 2022 | +19.0% | +10.4% | +0.1% |
| 2021 | +7.0% | -5.2% | +28.5% |
| 2020 | +3.3% | +4.6% | +59.7% |
| 2019 | +1.6% | +3.6% | -12.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1974 |
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 Center For Handicapped Children 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, Center For Handicapped Children 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 $320K, with expenses exceeding revenue.
- Debt-to-asset ratio: 80.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either unpaid or compensated through mechanisms not classified as officer compensation on the 990, which is highly favorable for a nonprofit of this size with revenues approaching $4 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.
Red Flags
The following concerns were identified during AI analysis of Center For Handicapped Children Inc's IRS 990 filings:
- Significant increase in liabilities in 2023 ($2,523,156) compared to previous years ($309,127 in 2022), warranting further investigation.
- Operating deficit in 2023 ($4,267,732 expenses vs. $3,948,142 revenue) after several years of positive net income.
Strengths
The following positive indicators were identified for Center For Handicapped Children Inc:
- Consistent reporting of 0% officer compensation, indicating a strong commitment to directing funds to the mission.
- Steady revenue growth over the past decade, from $2.9 million in 2014 to $3.9 million in 2023.
- Significant growth in assets, from $726,606 in 2014 to $3,147,716 in 2023, strengthening the organization's financial foundation.
Frequently Asked Questions about Center For Handicapped Children Inc
Is Center For Handicapped Children Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Center For Handicapped Children Inc (EIN: 161023103) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Center For Handicapped Children Inc spend its money?
Center For Handicapped Children Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Center For Handicapped Children Inc tax-deductible?
Center For Handicapped Children Inc is registered as a tax-exempt nonprofit (EIN: 161023103). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the significant increase in liabilities from $309,127 in 2022 to $2,523,156 in 2023?
The IRS 990 filings show a substantial jump in liabilities in the 2023 fiscal period. This could be due to various factors such as new debt, deferred revenue, or increased accounts payable. A detailed review of the organization's balance sheet and footnotes from the 2023 filing would be necessary to understand the specific nature and purpose of this increase.
How does the organization manage to report 0% officer compensation consistently?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, compensated through a related entity, or that their compensation is categorized differently within the IRS 990, such as under general salaries and wages rather than specific officer compensation. This practice, while seemingly efficient, warrants further investigation to ensure full transparency regarding leadership remuneration.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not include a detailed breakdown of expenses into program, administrative, and fundraising categories. To fully assess spending efficiency, it would be necessary to review Part IX of the IRS Form 990, 'Statement of Functional Expenses,' which provides this detailed allocation.
Filing History
IRS 990 filing history for Center For Handicapped Children Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Center For Handicapped Children Inc's revenue has grown by 23%, moving from $3.2M to $3.9M. Total assets increased by 319.8% over the same period, from $750K to $3.1M. Total functional expenses rose by 28.3%, from $3.3M to $4.3M. In its most recent filing year (2023), Center For Handicapped Children Inc reported a deficit of $320K, with expenses exceeding revenue. The organization holds $2.5M in liabilities against $3.1M in assets (debt-to-asset ratio: 80.2%), resulting in net assets of $625K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.9M | $4.3M | $3.1M | $2.5M | — | — |
| 2022 | $4.6M | $4.0M | $1.3M | $309K | — | View 990 |
| 2021 | $3.9M | $3.6M | $1.3M | $917K | — | View 990 |
| 2020 | $3.6M | $3.8M | $974K | $889K | — | View 990 |
| 2019 | $3.5M | $3.7M | $610K | $322K | — | View 990 |
| 2018 | $3.4M | $3.5M | $695K | $256K | — | View 990 |
| 2017 | $3.4M | $3.5M | $836K | $318K | — | View 990 |
| 2016 | $3.3M | $3.3M | $827K | $281K | — | View 990 |
| 2015 | $3.2M | $3.2M | $762K | $226K | — | View 990 |
| 2014 | $2.9M | $2.9M | $727K | $193K | — | View 990 |
| 2013 | $2.7M | $2.8M | $688K | $116K | — | View 990 |
| 2012 | $3.0M | $3.1M | $666K | $54K | — | View 990 |
| 2011 | $3.2M | $3.3M | $750K | $57K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.9M, expenses of $4.3M, and assets of $3.1M (revenue -14.4% year-over-year).
- 2022: Revenue of $4.6M, expenses of $4.0M, and assets of $1.3M (revenue +19.0% year-over-year).
- 2021: Revenue of $3.9M, expenses of $3.6M, and assets of $1.3M (revenue +7.0% year-over-year).
- 2020: Revenue of $3.6M, expenses of $3.8M, and assets of $974K (revenue +3.3% year-over-year).
- 2019: Revenue of $3.5M, expenses of $3.7M, and assets of $610K (revenue +1.6% year-over-year).
- 2018: Revenue of $3.4M, expenses of $3.5M, and assets of $695K (revenue +0.4% year-over-year).
- 2017: Revenue of $3.4M, expenses of $3.5M, and assets of $836K (revenue +5.0% year-over-year).
- 2016: Revenue of $3.3M, expenses of $3.3M, and assets of $827K (revenue +2.7% year-over-year).
- 2015: Revenue of $3.2M, expenses of $3.2M, and assets of $762K (revenue +9.5% year-over-year).
- 2014: Revenue of $2.9M, expenses of $2.9M, and assets of $727K (revenue +6.3% year-over-year).
- 2013: Revenue of $2.7M, expenses of $2.8M, and assets of $688K (revenue -10.1% year-over-year).
- 2012: Revenue of $3.0M, expenses of $3.1M, and assets of $666K (revenue -5.2% year-over-year).
- 2011: Revenue of $3.2M, expenses of $3.3M, and assets of $750K.
Data Sources and Methodology
This transparency report for Center For Handicapped Children 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.