Childrens After School Programs Inc
EIN: 42927795 · Hudson, MA · NTEE: B9XZ
Is Childrens After School Programs Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Childrens After School Programs Inc
Childrens After School Programs Inc (EIN: 42927795) is a nonprofit organization based in Hudson, MA, classified under NTEE code B9XZ. The organization reported total revenue of $5.3M and total assets of $5.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Childrens After School Programs Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Childrens After School Programs Inc is a mid-size nonprofit that has been operating for 36 years, with 10 years of IRS 990 filings on record (2012–2022). Revenue has grown at a compound annual rate of 11.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.5M |
| Total Expenses | $3.2M |
| Surplus / Deficit | +$1.3M |
| Total Assets | $4.4M |
| Total Liabilities | $3.2M |
| Net Assets | $1.2M |
| Operating Margin | 29.7% |
| Debt-to-Asset Ratio | 72.2% |
| Months of Reserves | 16.9 months |
Financial Health Grade: A
In 2022, Childrens After School Programs Inc reported a surplus of $1.3M with revenue exceeding expenses, holds 16.9 months of operating reserves (strong position), has a debt-to-asset ratio of 72.2% (high leverage).
Financial Trends
Over 10 years of filings (2012–2022), Childrens After School Programs Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +38.1% | +16.0% | +35.1% |
| 2021 | +18.5% | -18.2% | -5.9% |
| 2020 | -20.5% | -6.9% | -2.4% |
| 2019 | +8.4% | +8.6% | +3.7% |
| 2018 | -0.6% | +5.0% | -5.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Childrens After School Programs 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 Childrens After School Programs 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 $1.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 72.2%.
Frequently Asked Questions about Childrens After School Programs Inc
Is Childrens After School Programs Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Childrens After School Programs Inc (EIN: 42927795) insufficient data. 0 red flags identified, 0 strengths noted.
How does Childrens After School Programs Inc spend its money?
Detailed spending breakdown data is not yet available for Childrens After School Programs Inc. Check back for updated IRS 990 analysis.
Are donations to Childrens After School Programs Inc tax-deductible?
Childrens After School Programs Inc is registered as a tax-exempt nonprofit (EIN: 42927795). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Childrens After School Programs Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2022), Childrens After School Programs Inc's revenue has grown by 188.3%, moving from $1.6M to $4.5M. Total assets increased by 587% over the same period, from $647K to $4.4M. Total functional expenses rose by 97.3%, from $1.6M to $3.2M. In its most recent filing year (2022), Childrens After School Programs Inc reported a surplus of $1.3M, with revenue exceeding expenses. The organization holds $3.2M in liabilities against $4.4M in assets (debt-to-asset ratio: 72.2%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $4.5M | $3.2M | $4.4M | $3.2M | — | View 990 |
| 2021 | $3.3M | $2.7M | $3.3M | $3.4M | — | View 990 |
| 2020 | $2.7M | $3.3M | $3.5M | $4.1M | — | View 990 |
| 2019 | $3.5M | $3.6M | $3.6M | $3.6M | — | View 990 |
| 2018 | $3.2M | $3.3M | $3.5M | $3.4M | — | View 990 |
| 2017 | $3.2M | $3.1M | $3.7M | $3.5M | — | View 990 |
| 2016 | $2.2M | $2.3M | $3.6M | $3.5M | — | View 990 |
| 2014 | $1.8M | $1.9M | $707K | $610K | — | View 990 |
| 2013 | $1.7M | $1.7M | $671K | $544K | — | View 990 |
| 2012 | $1.6M | $1.6M | $647K | $563K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $4.5M, expenses of $3.2M, and assets of $4.4M (revenue +38.1% year-over-year).
- 2021: Revenue of $3.3M, expenses of $2.7M, and assets of $3.3M (revenue +18.5% year-over-year).
- 2020: Revenue of $2.7M, expenses of $3.3M, and assets of $3.5M (revenue -20.5% year-over-year).
- 2019: Revenue of $3.5M, expenses of $3.6M, and assets of $3.6M (revenue +8.4% year-over-year).
- 2018: Revenue of $3.2M, expenses of $3.3M, and assets of $3.5M (revenue -0.6% year-over-year).
- 2017: Revenue of $3.2M, expenses of $3.1M, and assets of $3.7M (revenue +44.5% year-over-year).
- 2016: Revenue of $2.2M, expenses of $2.3M, and assets of $3.6M (revenue +20.0% year-over-year).
- 2014: Revenue of $1.8M, expenses of $1.9M, and assets of $707K (revenue +8.7% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.7M, and assets of $671K (revenue +9.0% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.6M, and assets of $647K.
Data Sources and Methodology
This transparency report for Childrens After School Programs 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.