Centro Mater Child Care Servicesinc
Centro Mater Child Care Services Inc. shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 208083301 · Hialeah Gdns, FL · Updated: 2026-03-28
Is Centro Mater Child Care Servicesinc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Centro Mater Child Care Servicesinc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Centro Mater Child Care Servicesinc
Centro Mater Child Care Servicesinc (EIN: 208083301) is a nonprofit organization based in Hialeah Gdns, FL. The organization reported total revenue of $15.4M and total assets of $4.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Centro Mater Child Care Servicesinc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Centro Mater Child Care Servicesinc is a large nonprofit that has been operating for 80 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14.8M |
| Total Expenses | $14.3M |
| Surplus / Deficit | +$486K |
| Total Assets | $4.8M |
| Total Liabilities | $1.5M |
| Net Assets | $3.3M |
| Operating Margin | 3.3% |
| Debt-to-Asset Ratio | 32.1% |
| Months of Reserves | 4.0 months |
Financial Health Grade: A
In 2023, Centro Mater Child Care Servicesinc reported a surplus of $486K with revenue exceeding expenses, holds 4.0 months of operating reserves (adequate), has a debt-to-asset ratio of 32.1% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Centro Mater Child Care Servicesinc's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.5% | +21.2% | +47.5% |
| 2022 | +16.1% | +13.5% | +11.4% |
| 2021 | +0.5% | +2.9% | +1.3% |
| 2020 | +6.3% | +4.1% | +18.8% |
| 2019 | +2.0% | +3.5% | +7.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 1946 |
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 Centro Mater Child Care Servicesinc 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Centro Mater Child Care Servicesinc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $486K, with revenue exceeding expenses.
- Debt-to-asset ratio: 32.1%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size ($14.8 million in revenue in 2023) and suggests either volunteer leadership or compensation being reported under other expense categories, warranting further investigation into their detailed 990s.
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 Centro Mater Child Care Servicesinc's IRS 990 filings:
- 0% officer compensation reported for a large organization, which is highly unusual and may indicate compensation is categorized elsewhere or leadership is entirely volunteer, requiring deeper scrutiny of detailed 990s.
Strengths
The following positive indicators were identified for Centro Mater Child Care Servicesinc:
- Consistent revenue growth, increasing from $8.69 million in 2014 to $14.81 million in 2023.
- Strong asset growth, from $1.44 million in 2014 to $4.81 million in 2023, indicating financial health and capacity.
- Consistent operating surpluses, with revenues exceeding expenses in every reported period, contributing to financial stability.
- No reported officer compensation, suggesting a high dedication to mission or efficient use of funds not allocated to executive salaries.
- Long history of IRS 990 filings (12 filings), demonstrating a commitment to transparency and accountability.
Frequently Asked Questions about Centro Mater Child Care Servicesinc
Is Centro Mater Child Care Servicesinc a legitimate charity?
Based on AI analysis of IRS 990 filings, Centro Mater Child Care Servicesinc (EIN: 208083301) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Centro Mater Child Care Servicesinc spend its money?
Centro Mater Child Care Servicesinc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Centro Mater Child Care Servicesinc tax-deductible?
Centro Mater Child Care Servicesinc is registered as a tax-exempt nonprofit (EIN: 208083301). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Centro Mater Child Care Services Inc. financially stable?
Yes, Centro Mater Child Care Services Inc. appears financially stable, consistently generating surpluses (e.g., $485,835 in 2023) and growing its assets from $1.44 million in 2014 to $4.81 million in 2023.
How has Centro Mater's revenue changed over time?
Centro Mater's revenue has shown consistent growth, increasing from $8,698,672 in 2014 to $14,816,577 in 2023, indicating strong financial performance and increasing capacity.
What is the organization's approach to executive compensation?
The provided data indicates 0% officer compensation across all filings, which is highly unusual for an organization of this scale and suggests either volunteer leadership or compensation being reported in other expense categories.
Does Centro Mater operate efficiently?
Yes, the organization appears to operate efficiently, with expenses consistently close to revenue (e.g., $14,330,742 expenses against $14,816,577 revenue in 2023), indicating that the vast majority of funds are used for operations.
Filing History
IRS 990 filing history for Centro Mater Child Care Servicesinc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Centro Mater Child Care Servicesinc's revenue has grown by 75.6%, moving from $8.4M to $14.8M. Total assets increased by 184.2% over the same period, from $1.7M to $4.8M. Total functional expenses rose by 75.3%, from $8.2M to $14.3M. In its most recent filing year (2023), Centro Mater Child Care Servicesinc reported a surplus of $486K, with revenue exceeding expenses. The organization holds $1.5M in liabilities against $4.8M in assets (debt-to-asset ratio: 32.1%), resulting in net assets of $3.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14.8M | $14.3M | $4.8M | $1.5M | — | View 990 |
| 2022 | $12.2M | $11.8M | $3.3M | $484K | — | View 990 |
| 2021 | $10.5M | $10.4M | $2.9M | $516K | — | View 990 |
| 2020 | $10.5M | $10.1M | $2.9M | $563K | — | View 990 |
| 2019 | $9.8M | $9.7M | $2.4M | $437K | — | View 990 |
| 2018 | $9.6M | $9.4M | $2.3M | $382K | — | View 990 |
| 2017 | $9.4M | $9.2M | $2.0M | $395K | — | View 990 |
| 2016 | $9.0M | $8.8M | $1.8M | $332K | — | View 990 |
| 2015 | $8.7M | $8.5M | $1.5M | $266K | — | View 990 |
| 2014 | $8.7M | $8.5M | $1.4M | $433K | — | View 990 |
| 2013 | $8.6M | $8.4M | $1.5M | $678K | — | View 990 |
| 2012 | $8.4M | $8.2M | $1.7M | $543K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.8M, expenses of $14.3M, and assets of $4.8M (revenue +21.5% year-over-year).
- 2022: Revenue of $12.2M, expenses of $11.8M, and assets of $3.3M (revenue +16.1% year-over-year).
- 2021: Revenue of $10.5M, expenses of $10.4M, and assets of $2.9M (revenue +0.5% year-over-year).
- 2020: Revenue of $10.5M, expenses of $10.1M, and assets of $2.9M (revenue +6.3% year-over-year).
- 2019: Revenue of $9.8M, expenses of $9.7M, and assets of $2.4M (revenue +2.0% year-over-year).
- 2018: Revenue of $9.6M, expenses of $9.4M, and assets of $2.3M (revenue +2.5% year-over-year).
- 2017: Revenue of $9.4M, expenses of $9.2M, and assets of $2.0M (revenue +4.1% year-over-year).
- 2016: Revenue of $9.0M, expenses of $8.8M, and assets of $1.8M (revenue +3.4% year-over-year).
- 2015: Revenue of $8.7M, expenses of $8.5M, and assets of $1.5M (revenue +0.4% year-over-year).
- 2014: Revenue of $8.7M, expenses of $8.5M, and assets of $1.4M (revenue +1.4% year-over-year).
- 2013: Revenue of $8.6M, expenses of $8.4M, and assets of $1.5M (revenue +1.7% year-over-year).
- 2012: Revenue of $8.4M, expenses of $8.2M, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Centro Mater Child Care Servicesinc:
Data Sources and Methodology
This transparency report for Centro Mater Child Care Servicesinc 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.