Child Care Coalition Of The Niag Frontier Inc

Is Child Care Coalition Of The Niag Frontier Inc Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Child Care Coalition Of The Niag Frontier Inc directs 84% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Child Care Coalition Of The Niag Frontier Inc

Child Care Coalition Of The Niag Frontier Inc (EIN: 222916451) is a nonprofit organization based in Buffalo, NY, classified under NTEE code P33L. The organization reported total revenue of $6.5M and total assets of $7.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Child Care Coalition Of The Niag Frontier Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

Child Care Coalition Of The Niag Frontier Inc is a mid-size nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Financial Health Grade: A

In 2023, Child Care Coalition Of The Niag Frontier Inc reported a surplus of $977K with revenue exceeding expenses, holds 14.7 months of operating reserves (strong position), has a debt-to-asset ratio of 24.8% (moderate leverage).

Financial Trends

Over 13 years of filings (2011–2023), Child Care Coalition Of The Niag Frontier Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.

IRS Tax-Exempt Classification

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 Child Care Coalition Of The Niag Frontier Inc with a Mission Score of 85 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: 84%
• fundraising: 6%

According to IRS 990 filings, Child Care Coalition Of The Niag Frontier Inc allocates its expenses as follows: admin: 10%, programs: 84%, fundraising: 6%. With 84% 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 $977K, with revenue exceeding expenses.
• Debt-to-asset ratio: 24.8%.

Executive Compensation Analysis

The organization's Form 990s consistently report $0 for compensation to officers, directors, trustees, and key employees, which is unusual for an organization of its size and revenue, potentially indicating compensation is reported under other categories or through related entities.

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 Child Care Coalition Of The Niag Frontier Inc's IRS 990 filings:

• Consistent reporting of $0 for executive compensation across multiple years for an organization with over $6 million in revenue (2023) raises questions about how leadership is compensated or if it's reported elsewhere.
• The significant increase in net assets from $2,078,997 in 2019 to $7,393,175 in 2023, while positive for stability, warrants scrutiny to ensure funds are being actively deployed for mission rather than solely accumulating.

Strengths

The following positive indicators were identified for Child Care Coalition Of The Niag Frontier Inc:

• The organization demonstrates strong program efficiency, with 84% of spending allocated to programs in the most recent filing.
• Consistent revenue growth from $3,921,679 in 2019 to $6,548,393 in 2023 indicates increasing support and impact.
• A healthy and growing asset base of $7,393,175 provides financial stability and capacity for future initiatives.

Frequently Asked Questions about Child Care Coalition Of The Niag Frontier Inc

Filing History

IRS 990 filing history for Child Care Coalition Of The Niag Frontier Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Child Care Coalition Of The Niag Frontier Inc's revenue has grown by 47.3%, moving from $4.2M to $6.1M. Total assets increased by 242.4% over the same period, from $1.8M to $6.3M. Total functional expenses rose by 30.6%, from $3.9M to $5.1M. In its most recent filing year (2023), Child Care Coalition Of The Niag Frontier Inc reported a surplus of $977K, with revenue exceeding expenses. The organization holds $1.6M in liabilities against $6.3M in assets (debt-to-asset ratio: 24.8%), resulting in net assets of $4.7M.

Year-by-Year Financial Summary

• 2023: Revenue of $6.1M, expenses of $5.1M, and assets of $6.3M (revenue +16.7% year-over-year).
• 2022: Revenue of $5.2M, expenses of $4.3M, and assets of $4.6M (revenue -41.1% year-over-year).
• 2021: Revenue of $8.9M, expenses of $8.0M, and assets of $3.8M (revenue +94.5% year-over-year).
• 2020: Revenue of $4.6M, expenses of $4.4M, and assets of $2.8M (revenue +16.7% year-over-year).
• 2019: Revenue of $3.9M, expenses of $3.9M, and assets of $2.1M (revenue -3.5% year-over-year).
• 2018: Revenue of $4.1M, expenses of $4.0M, and assets of $2.0M (revenue -2.5% year-over-year).
• 2017: Revenue of $4.2M, expenses of $4.1M, and assets of $2.0M (revenue -2.8% year-over-year).
• 2016: Revenue of $4.3M, expenses of $4.2M, and assets of $1.9M (revenue +1.7% year-over-year).
• 2015: Revenue of $4.2M, expenses of $4.2M, and assets of $1.9M (revenue +3.8% year-over-year).
• 2014: Revenue of $4.1M, expenses of $4.1M, and assets of $1.8M (revenue -1.3% year-over-year).
• 2013: Revenue of $4.1M, expenses of $4.2M, and assets of $1.7M (revenue -3.1% year-over-year).
• 2012: Revenue of $4.3M, expenses of $4.3M, and assets of $1.8M (revenue +2.3% year-over-year).
• 2011: Revenue of $4.2M, expenses of $3.9M, and assets of $1.8M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Child Care Coalition Of The Niag Frontier Inc:

Data Sources and Methodology

This transparency report for Child Care Coalition Of The Niag Frontier 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.