Central Cooperative Kindergarten Inc
Central Cooperative Kindergarten: Strong Program Spending, Limited Transparency
EIN: 222570324 · Chelmsford, MA · NTEE: B21Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $526K |
| Total Expenses | $413K |
| Program Spending | 85% |
| Net Assets | $532K |
| Transparency Score | 85/100 |
Is Central Cooperative Kindergarten Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Central Cooperative Kindergarten Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Central Cooperative Kindergarten Inc
Central Cooperative Kindergarten Inc (EIN: 222570324) is a nonprofit organization based in Chelmsford, MA, classified under NTEE code B21Z. The organization reported total revenue of $526K and total assets of $597K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Central Cooperative Kindergarten Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Central Cooperative Kindergarten Inc is a small nonprofit that has been operating for 33 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 15.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $587K |
| Total Expenses | $413K |
| Surplus / Deficit | +$174K |
| Total Assets | $534K |
| Total Liabilities | $2K |
| Net Assets | $532K |
| Operating Margin | 29.6% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 15.5 months |
Financial Health Grade: A
In 2023, Central Cooperative Kindergarten Inc reported a surplus of $174K with revenue exceeding expenses, holds 15.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Central Cooperative Kindergarten Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +26.3% | +6.7% | +54.4% |
| 2022 | +111.8% | +46.6% | +28.9% |
| 2021 | -36.3% | -10.3% | -14.3% |
| 2020 | +3.8% | +2.8% | +19.2% |
| 2019 | +14.0% | +7.6% | +21.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
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 Central Cooperative Kindergarten 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, Central Cooperative Kindergarten 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 surplus of $174K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, suggesting it is below the IRS reporting threshold for key employees, which is a positive indicator for a small organization.
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 Central Cooperative Kindergarten Inc's IRS 990 filings:
- Limited transparency regarding detailed financial breakdowns and operational specifics.
- No information on board governance or conflict of interest policies readily available.
Strengths
The following positive indicators were identified for Central Cooperative Kindergarten Inc:
- Consistently high percentage of expenses allocated to programs (85% in 2023).
- Healthy revenue growth from $219,307 in 2021 to $586,597 in 2023.
- Positive net assets growth, indicating financial stability and accumulation of resources.
- Low administrative and fundraising overhead.
- No reported lobbying expenses.
Frequently Asked Questions about Central Cooperative Kindergarten Inc
Is Central Cooperative Kindergarten Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Central Cooperative Kindergarten Inc (EIN: 222570324) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Central Cooperative Kindergarten Inc spend its money?
Central Cooperative Kindergarten Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Central Cooperative Kindergarten Inc tax-deductible?
Central Cooperative Kindergarten Inc is registered as a tax-exempt nonprofit (EIN: 222570324). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Central Cooperative Kindergarten Inc's spending goes to programs?
Central Cooperative Kindergarten Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Central Cooperative Kindergarten Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Central Cooperative Kindergarten Inc is above average for NTEE category B21Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Central Cooperative Kindergarten Inc located?
Central Cooperative Kindergarten Inc is headquartered in Chelmsford, Massachusetts and files with the IRS under EIN 222570324. It is classified under NTEE code B21Z.
How many years of IRS 990 filings does Central Cooperative Kindergarten Inc have?
Central Cooperative Kindergarten 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 $526K in total revenue.
What does Central Cooperative Kindergarten Inc do?
Central Cooperative Kindergarten Inc is a nonprofit organization in the Education sector, located in Chelmsford, Massachusetts. It is classified under NTEE code B21Z.
How much revenue does Central Cooperative Kindergarten Inc have?
Central Cooperative Kindergarten Inc reported total revenue of $526,216. Based on 12 IRS 990 filings on record.
What are Central Cooperative Kindergarten Inc's total assets?
Central Cooperative Kindergarten Inc holds total assets of $596,731 as reported in IRS 990 filings.
Where is Central Cooperative Kindergarten Inc located?
Central Cooperative Kindergarten Inc is based in Chelmsford, Massachusetts.
What is Central Cooperative Kindergarten Inc's EIN?
Central Cooperative Kindergarten Inc's Employer Identification Number (EIN) is 222570324. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Central Cooperative Kindergarten Inc?
Central Cooperative Kindergarten Inc is classified under NTEE code B21Z (Education).
Is Central Cooperative Kindergarten Inc a registered 501(c)(3)?
Yes, Central Cooperative Kindergarten Inc is recognized as a tax-exempt organization by the IRS. EIN: 222570324.
Does Central Cooperative Kindergarten Inc file IRS Form 990?
Yes, Central Cooperative Kindergarten Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Central Cooperative Kindergarten Inc's revenue in 2023?
In the 202306 filing period, Central Cooperative Kindergarten Inc reported total revenue of $586,597, total expenses of $413,005, and net assets of $533,826.
Is Central Cooperative Kindergarten Inc's revenue growing or declining?
Central Cooperative Kindergarten Inc's revenue is growing. Revenue went from $464,594 (202206) to $586,597 (202306), a +26.3% change. Based on 12 filings on record.
What is Central Cooperative Kindergarten Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Central Cooperative Kindergarten Inc covers tax period 202306. It shows revenue of $586,597, expenses of $413,005, total assets of $533,826, and liabilities of $1,532.
How much does Central Cooperative Kindergarten Inc spend on programs vs administration?
Based on IRS 990 analysis, Central Cooperative Kindergarten Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Central Cooperative Kindergarten Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Central Cooperative Kindergarten Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 5 strengths noted.
What are the red flags for Central Cooperative Kindergarten Inc?
The following concerns were identified: Limited transparency regarding detailed financial breakdowns and operational specifics.. No information on board governance or conflict of interest policies readily available.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Central Cooperative Kindergarten Inc's strengths?
Positive indicators for Central Cooperative Kindergarten Inc include: Consistently high percentage of expenses allocated to programs (85% in 2023).. Healthy revenue growth from $219,307 in 2021 to $586,597 in 2023.. Positive net assets growth, indicating financial stability and accumulation of resources.. Low administrative and fundraising overhead.. No reported lobbying expenses.. These findings are derived from AI analysis of the organization's financial filings.
How does Central Cooperative Kindergarten Inc compensate executives?
Executive compensation is not reported in the provided data, suggesting it is below the IRS reporting threshold for key employees, which is a positive indicator for a small organization. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Central Cooperative Kindergarten Inc?
- No detailed breakdown of program expenses beyond total functional expenses. - Lack of specific information regarding fundraising methods and costs. - No public disclosure of board meeting minutes or detailed financial policies. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How does Central Cooperative Kindergarten ensure its program spending directly benefits children, given the lack of detailed program expense breakdowns?
While the overall program spending is high, the absence of detailed breakdowns makes it difficult to assess the specific impact and allocation within programs. Further inquiry into their program activities and associated costs would be beneficial.
What strategies has Central Cooperative Kindergarten employed to achieve such significant revenue growth from $219,307 in 2021 to $586,597 in 2023?
The provided data does not specify the drivers of this growth. It could be due to increased enrollment, successful grant applications, or expanded services. Understanding these factors would provide insight into their sustainability and future potential.
Filing History
IRS 990 filing history for Central Cooperative Kindergarten Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Central Cooperative Kindergarten Inc's revenue has grown by 374.7%, moving from $124K to $587K. Total assets increased by 2470.7% over the same period, from $21K to $534K. Total functional expenses rose by 208.7%, from $134K to $413K. In its most recent filing year (2023), Central Cooperative Kindergarten Inc reported a surplus of $174K, with revenue exceeding expenses. The organization holds $2K in liabilities against $534K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $532K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $587K | $413K | $534K | $2K | — | — |
| 2022 | $465K | $387K | $346K | $0 | — | View 990 |
| 2021 | $219K | $264K | $268K | $0 | — | — |
| 2020 | $345K | $294K | $313K | $0 | — | View 990 |
| 2019 | $332K | $286K | $262K | $0 | — | View 990 |
| 2018 | $291K | $266K | $217K | $0 | — | View 990 |
| 2017 | $305K | $259K | $191K | $0 | — | View 990 |
| 2016 | $266K | $237K | $145K | $0 | — | View 990 |
| 2015 | $246K | $215K | $117K | $0 | — | View 990 |
| 2014 | $230K | $198K | $86K | $0 | — | View 990 |
| 2013 | $179K | $145K | $54K | $0 | — | View 990 |
| 2012 | $124K | $134K | $21K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $587K, expenses of $413K, and assets of $534K (revenue +26.3% year-over-year).
- 2022: Revenue of $465K, expenses of $387K, and assets of $346K (revenue +111.8% year-over-year).
- 2021: Revenue of $219K, expenses of $264K, and assets of $268K (revenue -36.3% year-over-year).
- 2020: Revenue of $345K, expenses of $294K, and assets of $313K (revenue +3.8% year-over-year).
- 2019: Revenue of $332K, expenses of $286K, and assets of $262K (revenue +14.0% year-over-year).
- 2018: Revenue of $291K, expenses of $266K, and assets of $217K (revenue -4.6% year-over-year).
- 2017: Revenue of $305K, expenses of $259K, and assets of $191K (revenue +14.8% year-over-year).
- 2016: Revenue of $266K, expenses of $237K, and assets of $145K (revenue +8.0% year-over-year).
- 2015: Revenue of $246K, expenses of $215K, and assets of $117K (revenue +7.0% year-over-year).
- 2014: Revenue of $230K, expenses of $198K, and assets of $86K (revenue +28.7% year-over-year).
- 2013: Revenue of $179K, expenses of $145K, and assets of $54K (revenue +44.5% year-over-year).
- 2012: Revenue of $124K, expenses of $134K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Central Cooperative Kindergarten Inc:
Data Sources and Methodology
This transparency report for Central Cooperative Kindergarten 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.