Child Care Solutions Inc
Child Care Solutions Inc. shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 161057376 · Syracuse, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.8M |
| Total Expenses | $5.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $6 |
| Net Assets | $5.4M |
| Transparency Score | 90/100 |
Is Child Care Solutions 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 Solutions Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Child Care Solutions Inc
Child Care Solutions Inc (EIN: 161057376) is a nonprofit organization based in Syracuse, NY. The organization reported total revenue of $6.8M and total assets of $8.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Child Care Solutions Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Child Care Solutions Inc is a mid-size nonprofit that has been operating for 50 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.4M |
| Total Expenses | $5.1M |
| Surplus / Deficit | +$1.3M |
| Total Assets | $6.2M |
| Total Liabilities | $795K |
| Net Assets | $5.4M |
| Operating Margin | 19.8% |
| Debt-to-Asset Ratio | 12.9% |
| Months of Reserves | 14.4 months |
Financial Health Grade: A
In 2023, Child Care Solutions Inc reported a surplus of $1.3M with revenue exceeding expenses, holds 14.4 months of operating reserves (strong position), has a debt-to-asset ratio of 12.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Child Care Solutions Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.6% | +14.4% | +35.7% |
| 2022 | -0.3% | -13.0% | +42.3% |
| 2021 | +29.7% | +31.0% | +29.8% |
| 2020 | +25.9% | +21.0% | +32.0% |
| 2019 | +10.8% | +8.0% | +8.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1976 |
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 Solutions 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, Child Care Solutions 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.9%.
Executive Compensation Analysis
Child Care Solutions Inc. consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with revenues exceeding $6 million. This suggests either a volunteer-led executive team or that executive salaries are categorized differently, requiring further scrutiny for a complete understanding of compensation practices.
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 Solutions Inc's IRS 990 filings:
- Unusual 0% officer compensation reported across all filings, which may obscure actual executive remuneration if categorized elsewhere.
Strengths
The following positive indicators were identified for Child Care Solutions Inc:
- Consistent and strong revenue growth, nearly doubling over the past decade.
- Significant asset accumulation, indicating strong financial management and stability.
- Consistently operates with a surplus, with revenues exceeding expenses in all reported periods.
- Low liabilities relative to assets, demonstrating a healthy balance sheet.
- No reported officer compensation, suggesting a strong focus on mission-related spending or volunteer leadership.
Frequently Asked Questions about Child Care Solutions Inc
Is Child Care Solutions Inc a legitimate charity?
Child Care Solutions Inc (EIN: 161057376) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $6.8M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Child Care Solutions Inc spend its money?
Child Care Solutions Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Child Care Solutions Inc tax-deductible?
Child Care Solutions Inc is registered as a tax-exempt nonprofit (EIN: 161057376). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Child Care Solutions Inc CEO make?
Child Care Solutions Inc's highest-compensated officer earns $6 annually. The organization reported $6.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Child Care Solutions Inc's spending goes to programs?
Child Care Solutions Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Child Care Solutions Inc located?
Child Care Solutions Inc is headquartered in Syracuse, New York and files with the IRS under EIN 161057376.
How many years of IRS 990 filings does Child Care Solutions Inc have?
Child Care Solutions Inc 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 $6.8M in total revenue.
Is Child Care Solutions Inc. a good charity?
Based on its consistent revenue growth, increasing assets, and the absence of reported officer compensation, Child Care Solutions Inc. appears to be a financially healthy and mission-focused organization. Its ability to consistently generate a surplus and grow its asset base suggests effective financial management and a strong capacity to deliver on its mission.
How has Child Care Solutions Inc.'s financial health changed over the past decade?
Child Care Solutions Inc. has experienced significant financial growth over the past decade. Revenue has nearly doubled from $3,412,326 in 2014 to $6,416,487 in 2023, and assets have grown even more dramatically from $1,058,186 to $6,157,313 in the same period, indicating robust financial health and expansion.
What is the trend in Child Care Solutions Inc.'s liabilities?
Child Care Solutions Inc.'s liabilities have generally remained controlled relative to its asset growth. While liabilities have increased from $462,147 in 2014 to $794,709 in 2023, this growth is significantly outpaced by the growth in assets, indicating a healthy balance sheet and low financial risk.
Filing History
IRS 990 filing history for Child Care Solutions Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Child Care Solutions Inc's revenue has grown by 92%, moving from $3.3M to $6.4M. Total assets increased by 586.9% over the same period, from $896K to $6.2M. Total functional expenses rose by 55.1%, from $3.3M to $5.1M. In its most recent filing year (2023), Child Care Solutions Inc reported a surplus of $1.3M, with revenue exceeding expenses. The organization holds $795K in liabilities against $6.2M in assets (debt-to-asset ratio: 12.9%), resulting in net assets of $5.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.4M | $5.1M | $6.2M | $795K | — | View 990 |
| 2022 | $5.8M | $4.5M | $4.5M | $491K | — | View 990 |
| 2021 | $5.8M | $5.2M | $3.2M | $445K | — | View 990 |
| 2020 | $4.5M | $3.9M | $2.5M | $357K | — | View 990 |
| 2019 | $3.6M | $3.3M | $1.9M | $297K | — | View 990 |
| 2018 | $3.2M | $3.0M | $1.7M | $452K | — | View 990 |
| 2017 | $3.2M | $3.1M | $1.4M | $309K | — | View 990 |
| 2016 | $3.4M | $3.2M | $1.4M | $431K | — | View 990 |
| 2015 | $3.5M | $3.3M | $1.2M | $470K | — | View 990 |
| 2014 | $3.4M | $3.3M | $1.1M | $462K | — | View 990 |
| 2013 | $3.4M | $3.4M | $957K | $438K | — | View 990 |
| 2012 | $3.2M | $3.2M | $921K | $348K | — | View 990 |
| 2011 | $3.3M | $3.3M | $896K | $365K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.4M, expenses of $5.1M, and assets of $6.2M (revenue +10.6% year-over-year).
- 2022: Revenue of $5.8M, expenses of $4.5M, and assets of $4.5M (revenue -0.3% year-over-year).
- 2021: Revenue of $5.8M, expenses of $5.2M, and assets of $3.2M (revenue +29.7% year-over-year).
- 2020: Revenue of $4.5M, expenses of $3.9M, and assets of $2.5M (revenue +25.9% year-over-year).
- 2019: Revenue of $3.6M, expenses of $3.3M, and assets of $1.9M (revenue +10.8% year-over-year).
- 2018: Revenue of $3.2M, expenses of $3.0M, and assets of $1.7M (revenue +0.1% year-over-year).
- 2017: Revenue of $3.2M, expenses of $3.1M, and assets of $1.4M (revenue -6.2% year-over-year).
- 2016: Revenue of $3.4M, expenses of $3.2M, and assets of $1.4M (revenue -0.9% year-over-year).
- 2015: Revenue of $3.5M, expenses of $3.3M, and assets of $1.2M (revenue +1.3% year-over-year).
- 2014: Revenue of $3.4M, expenses of $3.3M, and assets of $1.1M (revenue +1.3% year-over-year).
- 2013: Revenue of $3.4M, expenses of $3.4M, and assets of $957K (revenue +5.0% year-over-year).
- 2012: Revenue of $3.2M, expenses of $3.2M, and assets of $921K (revenue -4.1% year-over-year).
- 2011: Revenue of $3.3M, expenses of $3.3M, and assets of $896K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Child Care Solutions Inc:
Data Sources and Methodology
This transparency report for Child Care Solutions 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.