Children Of Restaurant Employees
Children Of Restaurant Employees maintains stable assets and reports no officer compensation despite fluctuating revenues.
EIN: 201584617 · Kennesaw, GA · NTEE: P12 · Updated: 2026-03-28
Is Children Of Restaurant Employees Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Children Of Restaurant Employees directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Children Of Restaurant Employees
Children Of Restaurant Employees (EIN: 201584617) is a nonprofit organization based in Kennesaw, GA, classified under NTEE code P12. The organization reported total revenue of $1.5M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Children Of Restaurant Employees's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Children Of Restaurant Employees is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 28.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-159,627 |
| Total Assets | $1.6M |
| Total Liabilities | $22K |
| Net Assets | $1.6M |
| Operating Margin | -13.8% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 14.6 months |
Financial Health Grade: B
In 2023, Children Of Restaurant Employees reported a deficit of $160K with expenses exceeding revenue, holds 14.6 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Children Of Restaurant Employees's revenue has grown at a compound annual growth rate (CAGR) of 28.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.5% | -5.3% | -8.5% |
| 2022 | -1.1% | +3.2% | -4.6% |
| 2021 | -57.9% | -36.4% | +5.9% |
| 2020 | +317.2% | +186.3% | +348.7% |
| 2019 | -3.7% | -31.3% | +5.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Children Of Restaurant Employees with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Children Of Restaurant Employees allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 deficit of $160K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly commendable and suggests a strong dedication to maximizing program spending relative to the organization's size and revenue.
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 Children Of Restaurant Employees's IRS 990 filings:
- Expenses exceeded revenue in the most recent filing (202312), leading to a deficit of $159,627 for that period.
Strengths
The following positive indicators were identified for Children Of Restaurant Employees:
- Consistent reporting of 0% officer compensation across all 13 filings.
- Healthy asset base, with latest assets at $1,975,721, significantly exceeding liabilities.
- Strong history of IRS 990 filings, demonstrating transparency and compliance.
- Significant revenue generation, peaking at over $3.4 million in 2020.
- Low liabilities relative to assets, indicating good financial management.
Frequently Asked Questions about Children Of Restaurant Employees
Is Children Of Restaurant Employees a legitimate charity?
Based on AI analysis of IRS 990 filings, Children Of Restaurant Employees (EIN: 201584617) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Children Of Restaurant Employees spend its money?
Children Of Restaurant Employees directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Children Of Restaurant Employees tax-deductible?
Children Of Restaurant Employees is registered as a tax-exempt nonprofit (EIN: 201584617). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Children Of Restaurant Employees a good charity?
Based on the available IRS 990 data, Children Of Restaurant Employees appears to be a good charity. It consistently reports 0% officer compensation, maintains a healthy asset base (e.g., $1,975,721 latest assets), and has a long history of financial transparency through its 13 filings.
How has CORE's revenue trended over time?
CORE's revenue has fluctuated significantly, with a notable peak of $3,440,923 in 2020, likely due to increased fundraising during the pandemic. It has since normalized, with the latest reported revenue at $1,153,213 in 202312, which is lower than the previous two years ($1,431,694 in 202212 and $1,448,112 in 202112).
What is the organization's financial stability?
The organization demonstrates good financial stability, consistently holding assets significantly greater than liabilities (e.g., $1,592,089 assets vs. $21,967 liabilities in 202312). While the 202312 period showed expenses exceeding revenue, the overall asset base of $1,975,721 indicates a strong financial reserve.
Does CORE spend efficiently?
Yes, CORE appears to spend very efficiently, primarily evidenced by the consistent reporting of 0% officer compensation across all filings. This suggests that a very high proportion of its expenses are directed towards its programmatic mission rather than administrative overhead or executive salaries.
Filing History
IRS 990 filing history for Children Of Restaurant Employees showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Children Of Restaurant Employees's revenue has grown by 1892.2%, moving from $58K to $1.2M. Total assets increased by 582.1% over the same period, from $233K to $1.6M. Total functional expenses rose by 6405.6%, from $20K to $1.3M. In its most recent filing year (2023), Children Of Restaurant Employees reported a deficit of $160K, with expenses exceeding revenue. The organization holds $22K in liabilities against $1.6M in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.3M | $1.6M | $22K | — | — |
| 2022 | $1.4M | $1.4M | $1.7M | $10K | — | — |
| 2021 | $1.4M | $1.3M | $1.8M | $140K | — | View 990 |
| 2020 | $3.4M | $2.1M | $1.7M | $144K | — | View 990 |
| 2019 | $825K | $738K | $384K | $133K | — | View 990 |
| 2018 | $856K | $1.1M | $364K | $200K | — | View 990 |
| 2017 | $981K | $834K | $572K | $155K | — | View 990 |
| 2016 | $429K | $509K | $365K | $116K | — | — |
| 2015 | $261K | $400K | $475K | $146K | — | View 990 |
| 2014 | $209K | $100K | $582K | $114K | — | View 990 |
| 2013 | $161K | $104K | $418K | $59K | — | View 990 |
| 2012 | $136K | $67K | $339K | $37K | — | View 990 |
| 2011 | $58K | $20K | $233K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.3M, and assets of $1.6M (revenue -19.5% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.4M, and assets of $1.7M (revenue -1.1% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.3M, and assets of $1.8M (revenue -57.9% year-over-year).
- 2020: Revenue of $3.4M, expenses of $2.1M, and assets of $1.7M (revenue +317.2% year-over-year).
- 2019: Revenue of $825K, expenses of $738K, and assets of $384K (revenue -3.7% year-over-year).
- 2018: Revenue of $856K, expenses of $1.1M, and assets of $364K (revenue -12.7% year-over-year).
- 2017: Revenue of $981K, expenses of $834K, and assets of $572K (revenue +128.6% year-over-year).
- 2016: Revenue of $429K, expenses of $509K, and assets of $365K (revenue +64.3% year-over-year).
- 2015: Revenue of $261K, expenses of $400K, and assets of $475K (revenue +25.0% year-over-year).
- 2014: Revenue of $209K, expenses of $100K, and assets of $582K (revenue +29.5% year-over-year).
- 2013: Revenue of $161K, expenses of $104K, and assets of $418K (revenue +18.5% year-over-year).
- 2012: Revenue of $136K, expenses of $67K, and assets of $339K (revenue +135.0% year-over-year).
- 2011: Revenue of $58K, expenses of $20K, and assets of $233K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Children Of Restaurant Employees:
Data Sources and Methodology
This transparency report for Children Of Restaurant Employees 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.