Chapel Hill Cooperative Preschool
EIN: 566022921 · Chapel Hill, NC · NTEE: B21Z
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $2.1M |
| Net Assets | $1.3M |
Is Chapel Hill Cooperative Preschool Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Chapel Hill Cooperative Preschool
Chapel Hill Cooperative Preschool (EIN: 566022921) is a nonprofit organization based in Chapel Hill, NC, classified under NTEE code B21Z. The organization reported total revenue of $2.2M and total assets of $3.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chapel Hill Cooperative Preschool's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chapel Hill Cooperative Preschool is a mid-size nonprofit that has been operating for 64 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $2.1M |
| Surplus / Deficit | $-54,359 |
| Total Assets | $3.8M |
| Total Liabilities | $2.6M |
| Net Assets | $1.3M |
| Operating Margin | -2.6% |
| Debt-to-Asset Ratio | 67.3% |
| Months of Reserves | 21.4 months |
Financial Health Grade: C
In 2023, Chapel Hill Cooperative Preschool reported a deficit of $54K with expenses exceeding revenue, holds 21.4 months of operating reserves (strong position), has a debt-to-asset ratio of 67.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Chapel Hill Cooperative Preschool's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.1% | +10.6% | -3.7% |
| 2022 | +84.0% | +58.8% | -9.3% |
| 2021 | +24.9% | +42.4% | +4.0% |
| 2020 | -30.3% | -28.1% | +184.2% |
| 2019 | +4.6% | +4.0% | +30.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1962 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Chapel Hill Cooperative Preschool 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 Chapel Hill Cooperative Preschool 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 $54K, with expenses exceeding revenue.
- Debt-to-asset ratio: 67.3%.
Frequently Asked Questions about Chapel Hill Cooperative Preschool
Is Chapel Hill Cooperative Preschool a legitimate charity?
Based on AI analysis of IRS 990 filings, Chapel Hill Cooperative Preschool (EIN: 566022921) insufficient data. 0 red flags identified, 0 strengths noted.
How does Chapel Hill Cooperative Preschool spend its money?
Detailed spending breakdown data is not yet available for Chapel Hill Cooperative Preschool. Check back for updated IRS 990 analysis.
Are donations to Chapel Hill Cooperative Preschool tax-deductible?
Chapel Hill Cooperative Preschool is registered as a tax-exempt nonprofit (EIN: 566022921). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Chapel Hill Cooperative Preschool located?
Chapel Hill Cooperative Preschool is headquartered in Chapel Hill, North Carolina and files with the IRS under EIN 566022921. It is classified under NTEE code B21Z.
How many years of IRS 990 filings does Chapel Hill Cooperative Preschool have?
Chapel Hill Cooperative Preschool 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 $2.2M in total revenue.
Filing History
IRS 990 filing history for Chapel Hill Cooperative Preschool showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Chapel Hill Cooperative Preschool's revenue has grown by 81.5%, moving from $1.2M to $2.1M. Total assets increased by 2435.4% over the same period, from $151K to $3.8M. Total functional expenses rose by 99.3%, from $1.1M to $2.1M. In its most recent filing year (2023), Chapel Hill Cooperative Preschool reported a deficit of $54K, with expenses exceeding revenue. The organization holds $2.6M in liabilities against $3.8M in assets (debt-to-asset ratio: 67.3%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $2.1M | $3.8M | $2.6M | — | — |
| 2022 | $2.2M | $1.9M | $4.0M | $2.7M | — | View 990 |
| 2021 | $1.2M | $1.2M | $4.4M | $3.3M | — | View 990 |
| 2020 | $960K | $859K | $4.2M | $3.1M | — | — |
| 2019 | $1.4M | $1.2M | $1.5M | $477K | — | View 990 |
| 2018 | $1.3M | $1.1M | $1.1M | $284K | — | View 990 |
| 2017 | $1.3M | $1.1M | $910K | $236K | — | View 990 |
| 2016 | $1.3M | $1.1M | $482K | $10K | — | View 990 |
| 2015 | $1.2M | $1.1M | $341K | $11K | — | View 990 |
| 2014 | $1.2M | $1.1M | $303K | $29K | — | View 990 |
| 2013 | $1.1M | $1.1M | $173K | $17K | — | View 990 |
| 2012 | $1.2M | $1.1M | $182K | $15K | — | View 990 |
| 2011 | $1.2M | $1.1M | $151K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $2.1M, and assets of $3.8M (revenue -5.1% year-over-year).
- 2022: Revenue of $2.2M, expenses of $1.9M, and assets of $4.0M (revenue +84.0% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.2M, and assets of $4.4M (revenue +24.9% year-over-year).
- 2020: Revenue of $960K, expenses of $859K, and assets of $4.2M (revenue -30.3% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.2M, and assets of $1.5M (revenue +4.6% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.1M, and assets of $1.1M (revenue +2.9% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.1M, and assets of $910K (revenue -2.7% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.1M, and assets of $482K (revenue +11.0% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.1M, and assets of $341K (revenue -1.2% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.1M, and assets of $303K (revenue +7.6% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.1M, and assets of $173K (revenue -3.2% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.1M, and assets of $182K (revenue -0.3% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.1M, and assets of $151K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chapel Hill Cooperative Preschool:
Data Sources and Methodology
This transparency report for Chapel Hill Cooperative Preschool 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.