Charlestown Cooperative Nurseryschool Inc

Charlestown Cooperative Nurseryschool Inc shows consistent revenue growth and positive net income over the last decade.

EIN: 208277040 · Charlestown, MA · NTEE: B21 · Updated: 2026-03-28

$2.1MRevenue

$1.9MAssets

90/100Mission Score (Excellent)

B21

About Charlestown Cooperative Nurseryschool Inc

Charlestown Cooperative Nurseryschool Inc (EIN: 208277040) is a nonprofit organization based in Charlestown, MA, classified under NTEE code B21. The organization reported total revenue of $2.1M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Charlestown Cooperative Nurseryschool Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Charlestown Cooperative Nurseryschool Inc demonstrates consistent financial stability and growth over the past decade, with revenues steadily increasing from $911,983 in 2015 to $2,148,601 in 2024. The organization consistently operates with a positive net income, as seen in the 2024 period where revenue of $2,148,601 exceeded expenses of $2,137,787, resulting in a surplus. This indicates sound financial management and an ability to cover operational costs.

The organization's asset base has also shown significant growth, nearly doubling from $1,071,864 in 2015 to $2,433,170 in 2024, suggesting a healthy accumulation of resources. Liabilities have also increased, but at a slower rate than assets, maintaining a healthy asset-to-liability ratio. The consistent reporting of 0% officer compensation across all available filings indicates a high degree of transparency regarding executive pay and suggests that leadership may be volunteer-based or compensated through other means not categorized as 'officer compensation' on the 990, which is a positive sign for donor confidence.

Overall, Charlestown Cooperative Nurseryschool Inc appears to be a financially well-managed and transparent organization, effectively growing its resources while maintaining operational efficiency. The consistent surpluses and asset growth point to a sustainable model for delivering its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Charlestown Cooperative Nurseryschool Inc with a Mission Score of 90 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, Charlestown Cooperative Nurseryschool 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.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers or that it is reported under other expense categories, which is a positive indicator for financial transparency and resource allocation.

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.

Strengths

The following positive indicators were identified for Charlestown Cooperative Nurseryschool Inc:

Consistent revenue growth, increasing from $911,983 in 2015 to $2,148,601 in 2024.
Positive net income in most reported periods, demonstrating financial sustainability (e.g., $10,814 surplus in 2024).
Significant asset growth, nearly doubling from $1,071,864 in 2015 to $2,433,170 in 2024.
Reported 0% officer compensation across all filings, indicating strong transparency regarding executive pay.
Healthy asset-to-liability ratio, with assets consistently exceeding liabilities.

Frequently Asked Questions about Charlestown Cooperative Nurseryschool Inc

Is Charlestown Cooperative Nurseryschool Inc a good charity?

Based on the provided financial data, Charlestown Cooperative Nurseryschool Inc appears to be a financially sound and well-managed organization. It consistently generates surpluses, grows its assets, and reports 0% officer compensation, all of which are positive indicators for a charity.

How has the organization's revenue grown over time?

The organization has shown strong revenue growth, increasing from $911,983 in 2015 to $2,148,601 in 2024, more than doubling its income over nine years.

What is the trend in the organization's assets?

Assets have consistently grown, from $1,071,864 in 2015 to $2,433,170 in 2024, indicating a healthy accumulation of resources and financial stability.

Filing History

IRS 990 filing history for Charlestown Cooperative Nurseryschool Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), Charlestown Cooperative Nurseryschool Inc's revenue has grown by 230.4%, moving from $650K to $2.1M. Total assets increased by 307.9% over the same period, from $597K to $2.4M. Total functional expenses rose by 259.9%, from $594K to $2.1M. In its most recent filing year (2024), Charlestown Cooperative Nurseryschool Inc reported a surplus of $11K, with revenue exceeding expenses. The organization holds $1.6M in liabilities against $2.4M in assets (debt-to-asset ratio: 65.6%), resulting in net assets of $836K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$2.1M	$2.1M	$2.4M	$1.6M	—	View 990
2023	$2.0M	$2.0M	$2.5M	$1.7M	—	View 990
2022	$2.1M	$1.9M	$2.0M	$1.1M	—	View 990
2021	$1.6M	$1.6M	$1.7M	$1.2M	—	View 990
2020	$1.5M	$1.5M	$1.6M	$1.0M	—	View 990
2019	$1.5M	$1.5M	$1.4M	$854K	—	View 990
2018	$1.4M	$1.4M	$1.4M	$836K	—	View 990
2017	$1.2M	$1.2M	$1.3M	$759K	—	View 990
2016	$1.1M	$1.0M	$1.2M	$624K	—	View 990
2015	$912K	$893K	$1.1M	$588K	—	View 990
2014	$869K	$764K	$994K	$529K	—	View 990
2013	$683K	$635K	$836K	$476K	—	View 990
2012	$687K	$636K	$720K	$409K	—	View 990
2011	$650K	$594K	$597K	$337K	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $2.1M, expenses of $2.1M, and assets of $2.4M (revenue +8.7% year-over-year).
2023: Revenue of $2.0M, expenses of $2.0M, and assets of $2.5M (revenue -6.8% year-over-year).
2022: Revenue of $2.1M, expenses of $1.9M, and assets of $2.0M (revenue +30.1% year-over-year).
2021: Revenue of $1.6M, expenses of $1.6M, and assets of $1.7M (revenue +8.5% year-over-year).
2020: Revenue of $1.5M, expenses of $1.5M, and assets of $1.6M (revenue +2.4% year-over-year).
2019: Revenue of $1.5M, expenses of $1.5M, and assets of $1.4M (revenue +5.4% year-over-year).
2018: Revenue of $1.4M, expenses of $1.4M, and assets of $1.4M (revenue +17.7% year-over-year).
2017: Revenue of $1.2M, expenses of $1.2M, and assets of $1.3M (revenue +8.1% year-over-year).
2016: Revenue of $1.1M, expenses of $1.0M, and assets of $1.2M (revenue +19.9% year-over-year).
2015: Revenue of $912K, expenses of $893K, and assets of $1.1M (revenue +4.9% year-over-year).
2014: Revenue of $869K, expenses of $764K, and assets of $994K (revenue +27.2% year-over-year).
2013: Revenue of $683K, expenses of $635K, and assets of $836K (revenue -0.6% year-over-year).
2012: Revenue of $687K, expenses of $636K, and assets of $720K (revenue +5.7% year-over-year).
2011: Revenue of $650K, expenses of $594K, and assets of $597K.

Data Sources and Methodology

This transparency report for Charlestown Cooperative Nurseryschool 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.