Child Care Answers Of Central Indiana
EIN: 844767288 · Indianapolis, IN · NTEE: P30
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.4M |
| Net Assets | $927K |
Is Child Care Answers Of Central Indiana Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Child Care Answers Of Central Indiana
Child Care Answers Of Central Indiana (EIN: 844767288) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code P30. The organization reported total revenue of $1.9M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Child Care Answers Of Central Indiana's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Child Care Answers Of Central Indiana is a mid-size nonprofit that has been operating for 6 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 43.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$441K |
| Total Assets | $1.2M |
| Total Liabilities | $243K |
| Net Assets | $927K |
| Operating Margin | 24.5% |
| Debt-to-Asset Ratio | 20.8% |
| Months of Reserves | 10.3 months |
Financial Health Grade: A
In 2023, Child Care Answers Of Central Indiana reported a surplus of $441K with revenue exceeding expenses, holds 10.3 months of operating reserves (strong position), has a debt-to-asset ratio of 20.8% (moderate leverage).
Financial Trends
Over 3 years of filings (2021–2023), Child Care Answers Of Central Indiana's revenue has grown at a compound annual growth rate (CAGR) of 43.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.9% | -8.3% | +127.8% |
| 2022 | +80.0% | +202.4% | +13.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Child Care Answers Of Central Indiana 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 Child Care Answers Of Central Indiana 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 surplus of $441K, with revenue exceeding expenses.
- Debt-to-asset ratio: 20.8%.
Frequently Asked Questions about Child Care Answers Of Central Indiana
Is Child Care Answers Of Central Indiana a legitimate charity?
Based on AI analysis of IRS 990 filings, Child Care Answers Of Central Indiana (EIN: 844767288) insufficient data. 0 red flags identified, 0 strengths noted.
How does Child Care Answers Of Central Indiana spend its money?
Detailed spending breakdown data is not yet available for Child Care Answers Of Central Indiana. Check back for updated IRS 990 analysis.
Are donations to Child Care Answers Of Central Indiana tax-deductible?
Child Care Answers Of Central Indiana is registered as a tax-exempt nonprofit (EIN: 844767288). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Child Care Answers Of Central Indiana located?
Child Care Answers Of Central Indiana is headquartered in Indianapolis, Indiana and files with the IRS under EIN 844767288. It is classified under NTEE code P30.
How many years of IRS 990 filings does Child Care Answers Of Central Indiana have?
Child Care Answers Of Central Indiana has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $1.9M in total revenue.
Filing History
IRS 990 filing history for Child Care Answers Of Central Indiana showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Child Care Answers Of Central Indiana's revenue has grown by 105.1%, moving from $880K to $1.8M. Total assets increased by 158.8% over the same period, from $452K to $1.2M. Total functional expenses rose by 177.3%, from $492K to $1.4M. In its most recent filing year (2023), Child Care Answers Of Central Indiana reported a surplus of $441K, with revenue exceeding expenses. The organization holds $243K in liabilities against $1.2M in assets (debt-to-asset ratio: 20.8%), resulting in net assets of $927K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.4M | $1.2M | $243K | — | View 990 |
| 2022 | $1.6M | $1.5M | $513K | $28K | — | View 990 |
| 2021 | $880K | $492K | $452K | $64K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.4M, and assets of $1.2M (revenue +13.9% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.5M, and assets of $513K (revenue +80.0% year-over-year).
- 2021: Revenue of $880K, expenses of $492K, and assets of $452K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Child Care Answers Of Central Indiana:
Data Sources and Methodology
This transparency report for Child Care Answers Of Central Indiana 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.