Child Development Center Of Central West Virginia Inc
EIN: 550653070 · Buckhannon, WV · NTEE: B22Z
| Metric | Value |
|---|---|
| Total Expenses | $763K |
| Net Assets | $1.2M |
Is Child Development Center Of Central West Virginia Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Child Development Center Of Central West Virginia Inc
Child Development Center Of Central West Virginia Inc (EIN: 550653070) is a nonprofit organization based in Buckhannon, WV, classified under NTEE code B22Z. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Child Development Center Of Central West Virginia Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Child Development Center Of Central West Virginia Inc is a mid-size nonprofit that has been operating for 40 years, with 11 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 8.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $763K |
| Surplus / Deficit | +$401K |
| Total Assets | $1.3M |
| Total Liabilities | $9K |
| Net Assets | $1.2M |
| Operating Margin | 34.4% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 19.7 months |
Financial Health Grade: A
In 2022, Child Development Center Of Central West Virginia Inc reported a surplus of $401K with revenue exceeding expenses, holds 19.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2022), Child Development Center Of Central West Virginia Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +84.7% | +25.8% | +61.0% |
| 2020 | -7.9% | -14.0% | +19.6% |
| 2019 | +2.1% | +4.6% | -3.0% |
| 2018 | +3.7% | +6.8% | -0.6% |
| 2017 | +19.5% | +7.7% | +1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Child Development Center Of Central West Virginia Inc 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 Development Center Of Central West Virginia Inc 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $401K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Frequently Asked Questions about Child Development Center Of Central West Virginia Inc
Is Child Development Center Of Central West Virginia Inc a legitimate charity?
Child Development Center Of Central West Virginia Inc (EIN: 550653070) is a registered tax-exempt nonprofit based in West Virginia. It has 11 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Child Development Center Of Central West Virginia Inc spend its money?
Child Development Center Of Central West Virginia Inc reported its financials in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Child Development Center Of Central West Virginia Inc tax-deductible?
Child Development Center Of Central West Virginia Inc is registered as a tax-exempt nonprofit (EIN: 550653070). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Child Development Center Of Central West Virginia Inc located?
Child Development Center Of Central West Virginia Inc is headquartered in Buckhannon, West Virginia and files with the IRS under EIN 550653070. It is classified under NTEE code B22Z.
How many years of IRS 990 filings does Child Development Center Of Central West Virginia Inc have?
Child Development Center Of Central West Virginia Inc has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Child Development Center Of Central West Virginia Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2022), Child Development Center Of Central West Virginia Inc's revenue has grown by 137.7%, moving from $490K to $1.2M. Total assets increased by 72.3% over the same period, from $726K to $1.3M. Total functional expenses rose by 54.7%, from $494K to $763K. In its most recent filing year (2022), Child Development Center Of Central West Virginia Inc reported a surplus of $401K, with revenue exceeding expenses. The organization holds $9K in liabilities against $1.3M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.2M | $763K | $1.3M | $9K | — | View 990 |
| 2020 | $630K | $607K | $778K | $112K | — | View 990 |
| 2019 | $684K | $706K | $650K | $8K | — | View 990 |
| 2018 | $670K | $674K | $670K | $7K | — | View 990 |
| 2017 | $646K | $632K | $675K | $7K | — | View 990 |
| 2016 | $541K | $586K | $667K | $14K | — | — |
| 2015 | $582K | $578K | $708K | $9K | — | — |
| 2014 | $548K | $552K | $705K | $10K | — | — |
| 2013 | $507K | $517K | $713K | $14K | — | — |
| 2012 | $523K | $533K | $723K | $13K | — | — |
| 2011 | $490K | $494K | $726K | $12K | — | — |
Year-by-Year Financial Summary
- 2022: Revenue of $1.2M, expenses of $763K, and assets of $1.3M (revenue +84.7% year-over-year).
- 2020: Revenue of $630K, expenses of $607K, and assets of $778K (revenue -7.9% year-over-year).
- 2019: Revenue of $684K, expenses of $706K, and assets of $650K (revenue +2.1% year-over-year).
- 2018: Revenue of $670K, expenses of $674K, and assets of $670K (revenue +3.7% year-over-year).
- 2017: Revenue of $646K, expenses of $632K, and assets of $675K (revenue +19.5% year-over-year).
- 2016: Revenue of $541K, expenses of $586K, and assets of $667K (revenue -7.1% year-over-year).
- 2015: Revenue of $582K, expenses of $578K, and assets of $708K (revenue +6.2% year-over-year).
- 2014: Revenue of $548K, expenses of $552K, and assets of $705K (revenue +8.1% year-over-year).
- 2013: Revenue of $507K, expenses of $517K, and assets of $713K (revenue -3.1% year-over-year).
- 2012: Revenue of $523K, expenses of $533K, and assets of $723K (revenue +6.8% year-over-year).
- 2011: Revenue of $490K, expenses of $494K, and assets of $726K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Child Development Center Of Central West Virginia Inc:
Data Sources and Methodology
This transparency report for Child Development Center Of Central West Virginia 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.