Chai Preschool Inc

Chai Preschool Inc. consistently directs nearly all revenue to expenses, reports no officer compensation, and has grown assets significantly.

EIN: 204801654 · San Mateo, CA · NTEE: B210 · Updated: 2026-03-28

$2.4MRevenue

$689KAssets

92/100Mission Score (Excellent)

B210

About Chai Preschool Inc

Chai Preschool Inc (EIN: 204801654) is a nonprofit organization based in San Mateo, CA, classified under NTEE code B210. The organization reported total revenue of $2.4M and total assets of $689K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chai Preschool Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Chai Preschool Inc. demonstrates a consistent pattern of strong program spending, with expenses closely aligning with revenue across most filing periods, indicating efficient use of funds for its mission. For instance, in the 202406 period, expenses were $1,941,376 against revenues of $1,998,142, showing a high proportion of funds directed towards operations. The organization has also shown significant growth in assets over time, from $242,456 in 201706 to $1,899,149 in 202406, suggesting sound financial management and capacity building. 

The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 12 filings available, providing a clear historical financial record. A notable aspect is the reported 0% officer compensation across all available filings, which indicates that executive leadership is either unpaid or compensated through other means not categorized as officer compensation, potentially contributing to a higher proportion of funds available for programs. While the exact breakdown of program, administrative, and fundraising expenses isn't explicitly detailed in the provided summary, the close alignment of total expenses to total revenue suggests a lean operational structure.

Overall, Chai Preschool Inc. appears to be a financially healthy and efficiently run organization, consistently directing its resources towards its educational mission. The growth in revenue and assets, coupled with minimal liabilities and no reported officer compensation, paints a positive picture of its financial stewardship and commitment to its purpose.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Chai Preschool Inc 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, Chai Preschool Inc 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.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with revenues reaching nearly $2 million in recent years. This suggests that key leadership may be unpaid volunteers or compensated through non-officer categories, which could be a strength in terms of resource allocation but also warrants further inquiry for complete transparency.

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 Chai Preschool Inc's IRS 990 filings:

Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided summary, requiring deeper dive into full 990s for precise ratios.
Unusually consistent 0% officer compensation for an organization of this scale, which might warrant further investigation into how leadership is compensated or structured.

Strengths

The following positive indicators were identified for Chai Preschool Inc:

Strong program spending, with expenses consistently close to revenue across multiple years (e.g., $1,941,376 expenses vs. $1,998,142 revenue in 202406).
Significant asset growth over time, from $342,043 in 201406 to $1,899,149 in 202406, indicating financial stability and capacity.
Very low liabilities relative to assets, demonstrating sound financial management (e.g., $8,892 liabilities vs. $1,899,149 assets in 202406).
Consistent reporting of 0% officer compensation, suggesting high efficiency in leadership costs.
Consistent IRS 990 filing history (12 filings), indicating good transparency and compliance.

Frequently Asked Questions about Chai Preschool Inc

Is Chai Preschool Inc. a good charity?

Based on the provided data, Chai Preschool Inc. appears to be a very good charity. It consistently spends nearly all its revenue on its mission, has grown its assets substantially, and reports no officer compensation, indicating a strong commitment to program delivery and efficient use of funds.

How has Chai Preschool Inc.'s financial health changed over time?

Chai Preschool Inc. has shown significant financial growth and stability. Revenue has generally increased from $761,235 in 201406 to $1,998,142 in 202406, and assets have grown dramatically from $342,043 in 201406 to $1,899,149 in 202406, while liabilities have remained low.

What is the organization's approach to executive compensation?

The organization reports 0% officer compensation across all available filings, suggesting that its executive leadership is either entirely volunteer-based or compensated through means not classified as officer compensation on the 990 form. This is a highly efficient use of funds from a compensation perspective.

Filing History

IRS 990 filing history for Chai Preschool Inc showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2024), Chai Preschool Inc's revenue has grown by 247.4%, moving from $575K to $2.0M. Total assets increased by 839% over the same period, from $202K to $1.9M. Total functional expenses rose by 240.9%, from $569K to $1.9M. In its most recent filing year (2024), Chai Preschool Inc reported a surplus of $57K, with revenue exceeding expenses. The organization holds $9K in liabilities against $1.9M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $1.9M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$2.0M	$1.9M	$1.9M	$9K	—	View 990
2023	$1.6M	$1.6M	$1.8M	$15K	—	—
2022	$1.1M	$1.1M	$1.8M	$10K	—	View 990
2021	$871K	$862K	$1.7M	$74K	—	—
2020	$903K	$1.2M	$1.7M	$92K	—	View 990
2019	$2.9M	$1.2M	$1.9M	$9K	—	View 990
2018	$1.3M	$1.2M	$262K	$12K	—	View 990
2017	$973K	$1.0M	$242K	$48K	—	View 990
2015	$823K	$743K	$415K	$52K	—	View 990
2014	$761K	$675K	$342K	$59K	—	View 990
2013	$643K	$580K	$260K	$63K	—	View 990
2012	$575K	$569K	$202K	$40K	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $2.0M, expenses of $1.9M, and assets of $1.9M (revenue +23.2% year-over-year).
2023: Revenue of $1.6M, expenses of $1.6M, and assets of $1.8M (revenue +41.9% year-over-year).
2022: Revenue of $1.1M, expenses of $1.1M, and assets of $1.8M (revenue +31.2% year-over-year).
2021: Revenue of $871K, expenses of $862K, and assets of $1.7M (revenue -3.5% year-over-year).
2020: Revenue of $903K, expenses of $1.2M, and assets of $1.7M (revenue -68.9% year-over-year).
2019: Revenue of $2.9M, expenses of $1.2M, and assets of $1.9M (revenue +126.3% year-over-year).
2018: Revenue of $1.3M, expenses of $1.2M, and assets of $262K (revenue +31.9% year-over-year).
2017: Revenue of $973K, expenses of $1.0M, and assets of $242K (revenue +18.2% year-over-year).
2015: Revenue of $823K, expenses of $743K, and assets of $415K (revenue +8.1% year-over-year).
2014: Revenue of $761K, expenses of $675K, and assets of $342K (revenue +18.4% year-over-year).
2013: Revenue of $643K, expenses of $580K, and assets of $260K (revenue +11.8% year-over-year).
2012: Revenue of $575K, expenses of $569K, and assets of $202K.

Data Sources and Methodology

This transparency report for Chai Preschool 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.