Central Day Care Center
EIN: 381864047 · Traverse City, MI · NTEE: P33Z
| Metric | Value |
|---|---|
| Total Revenue | $535K |
| Total Expenses | $755K |
| Net Assets | $344K |
Is Central Day Care Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Central Day Care Center
Central Day Care Center (EIN: 381864047) is a nonprofit organization based in Traverse City, MI, classified under NTEE code P33Z. The organization reported total revenue of $535K and total assets of $846K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Central Day Care Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Central Day Care Center is a small nonprofit that has been operating for 55 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $729K |
| Total Expenses | $755K |
| Surplus / Deficit | $-25,859 |
| Total Assets | $863K |
| Total Liabilities | $519K |
| Net Assets | $344K |
| Operating Margin | -3.5% |
| Debt-to-Asset Ratio | 60.2% |
| Months of Reserves | 13.7 months |
Financial Health Grade: C
In 2023, Central Day Care Center reported a deficit of $26K with expenses exceeding revenue, holds 13.7 months of operating reserves (strong position), has a debt-to-asset ratio of 60.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Central Day Care Center's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.0% | +13.2% | +132.6% |
| 2022 | +3.5% | +3.7% | +41.1% |
| 2021 | +37.3% | +25.3% | +43.2% |
| 2020 | +0.5% | -11.6% | +497.3% |
| 2019 | +12.1% | +8.6% | +17.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1971 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Central Day Care Center 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 Central Day Care Center 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 $26K, with expenses exceeding revenue.
- Debt-to-asset ratio: 60.2%.
Frequently Asked Questions about Central Day Care Center
Is Central Day Care Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Central Day Care Center (EIN: 381864047) insufficient data. 0 red flags identified, 0 strengths noted.
How does Central Day Care Center spend its money?
Detailed spending breakdown data is not yet available for Central Day Care Center. Check back for updated IRS 990 analysis.
Are donations to Central Day Care Center tax-deductible?
Central Day Care Center is registered as a tax-exempt nonprofit (EIN: 381864047). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Central Day Care Center located?
Central Day Care Center is headquartered in Traverse City, Michigan and files with the IRS under EIN 381864047. It is classified under NTEE code P33Z.
How many years of IRS 990 filings does Central Day Care Center have?
Central Day Care Center 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 $535K in total revenue.
Filing History
IRS 990 filing history for Central Day Care Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Central Day Care Center's revenue has grown by 52.9%, moving from $477K to $729K. Total assets increased by 1836.4% over the same period, from $45K to $863K. Total functional expenses rose by 53.6%, from $491K to $755K. In its most recent filing year (2023), Central Day Care Center reported a deficit of $26K, with expenses exceeding revenue. The organization holds $519K in liabilities against $863K in assets (debt-to-asset ratio: 60.2%), resulting in net assets of $344K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $729K | $755K | $863K | $519K | — | View 990 |
| 2022 | $838K | $667K | $371K | $1K | — | View 990 |
| 2021 | $809K | $643K | $263K | $46K | — | View 990 |
| 2020 | $590K | $513K | $184K | $133K | — | View 990 |
| 2019 | $586K | $580K | $31K | $56K | — | View 990 |
| 2018 | $523K | $534K | $26K | $58K | — | View 990 |
| 2017 | $534K | $528K | $23K | $44K | — | View 990 |
| 2016 | $542K | $569K | $21K | $48K | — | View 990 |
| 2015 | $505K | $512K | $40K | $39K | — | View 990 |
| 2014 | $507K | $514K | $40K | $33K | — | View 990 |
| 2013 | $492K | $492K | $48K | $34K | — | View 990 |
| 2012 | $457K | $468K | $47K | $33K | — | View 990 |
| 2011 | $477K | $491K | $45K | $19K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $729K, expenses of $755K, and assets of $863K (revenue -13.0% year-over-year).
- 2022: Revenue of $838K, expenses of $667K, and assets of $371K (revenue +3.5% year-over-year).
- 2021: Revenue of $809K, expenses of $643K, and assets of $263K (revenue +37.3% year-over-year).
- 2020: Revenue of $590K, expenses of $513K, and assets of $184K (revenue +0.5% year-over-year).
- 2019: Revenue of $586K, expenses of $580K, and assets of $31K (revenue +12.1% year-over-year).
- 2018: Revenue of $523K, expenses of $534K, and assets of $26K (revenue -1.9% year-over-year).
- 2017: Revenue of $534K, expenses of $528K, and assets of $23K (revenue -1.6% year-over-year).
- 2016: Revenue of $542K, expenses of $569K, and assets of $21K (revenue +7.5% year-over-year).
- 2015: Revenue of $505K, expenses of $512K, and assets of $40K (revenue -0.5% year-over-year).
- 2014: Revenue of $507K, expenses of $514K, and assets of $40K (revenue +3.0% year-over-year).
- 2013: Revenue of $492K, expenses of $492K, and assets of $48K (revenue +7.7% year-over-year).
- 2012: Revenue of $457K, expenses of $468K, and assets of $47K (revenue -4.1% year-over-year).
- 2011: Revenue of $477K, expenses of $491K, and assets of $45K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Central Day Care Center:
Data Sources and Methodology
This transparency report for Central Day Care Center 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.