Childrens Athletic Development Association Inc
Childrens Athletic Development Association Inc faces financial instability with high liabilities and inconsistent operating results.
EIN: 113422705 · Oakhurst, NJ · NTEE: N60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $415K |
| Total Expenses | $342K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $415,005. |
| Net Assets | $-172,137 |
| Transparency Score | 55/100 |
Is Childrens Athletic Development Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Childrens Athletic Development Association Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Childrens Athletic Development Association Inc
Childrens Athletic Development Association Inc (EIN: 113422705) is a nonprofit organization based in Oakhurst, NJ, classified under NTEE code N60. The organization reported total revenue of $415K and total assets of $18K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Childrens Athletic Development Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Childrens Athletic Development Association Inc is a small nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $346K |
| Total Expenses | $342K |
| Surplus / Deficit | +$4K |
| Total Assets | $28K |
| Total Liabilities | $200K |
| Net Assets | $-172,137 |
| Operating Margin | 1.1% |
| Debt-to-Asset Ratio | 717.1% |
| Months of Reserves | 1.0 months |
Financial Health Grade: B
In 2023, Childrens Athletic Development Association Inc reported a surplus of $4K with revenue exceeding expenses, holds 1.0 months of operating reserves (limited), has a debt-to-asset ratio of 717.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Childrens Athletic Development Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.9% | -23.3% | +10.0% |
| 2022 | -24.6% | +130.2% | -85.0% |
| 2021 | +279.6% | -16.7% | +605.5% |
| 2020 | -69.4% | -30.2% | -73.5% |
| 2019 | +12.7% | +2.3% | +12.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
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 Childrens Athletic Development Association Inc with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Childrens Athletic Development Association Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 717.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size with latest revenue of $415,005.
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 Childrens Athletic Development Association Inc's IRS 990 filings:
- High liabilities relative to assets (e.g., $200,033 liabilities vs. $27,896 assets in 2023)
- Inconsistent financial performance with recurring operating deficits (e.g., 2022, 2020, 2018, 2016)
- Significant fluctuation and recent decline in total assets from $169,328 in 2021 to $18,050 currently.
Strengths
The following positive indicators were identified for Childrens Athletic Development Association Inc:
- Consistent reporting of 0% officer compensation, indicating volunteer leadership or highly efficient executive structure.
- Positive net income in recent years (2023 and 2021) demonstrates capacity for effective financial management in some periods.
Frequently Asked Questions about Childrens Athletic Development Association Inc
Is Childrens Athletic Development Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Childrens Athletic Development Association Inc (EIN: 113422705) some concerns. Mission Score: 55/100. 3 red flags identified, 2 strengths noted.
How does Childrens Athletic Development Association Inc spend its money?
Childrens Athletic Development Association Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Childrens Athletic Development Association Inc tax-deductible?
Childrens Athletic Development Association Inc is registered as a tax-exempt nonprofit (EIN: 113422705). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Childrens Athletic Development Association Inc CEO make?
Childrens Athletic Development Association Inc's highest-compensated officer earns $415,005. annually. The organization reported $415K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Childrens Athletic Development Association Inc's spending goes to programs?
Childrens Athletic Development Association Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Childrens Athletic Development Association Inc compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Childrens Athletic Development Association Inc is near average for NTEE category N60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Childrens Athletic Development Association Inc located?
Childrens Athletic Development Association Inc is headquartered in Oakhurst, New Jersey and files with the IRS under EIN 113422705. It is classified under NTEE code N60.
How many years of IRS 990 filings does Childrens Athletic Development Association Inc have?
Childrens Athletic Development Association 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 $415K in total revenue.
Is Childrens Athletic Development Association Inc financially stable?
The organization's financial stability is questionable. While it had a positive net income in 2023 ($346,036 revenue vs. $342,197 expenses), it has experienced significant deficits in other years, such as 2022 where expenses ($446,063) far exceeded revenue ($301,190). Furthermore, liabilities have consistently been high, reaching over $200,000 in recent periods, significantly outweighing its assets (e.g., $27,896 assets in 2023).
What is the trend in the organization's assets and liabilities?
Assets have fluctuated significantly, from a high of $169,328 in 2021 to a current low of $18,050. Liabilities have shown a concerning upward trend in recent years, consistently exceeding $200,000 in 2021, 2022, and 2023, which is disproportionately high compared to its assets.
How efficient is Childrens Athletic Development Association Inc with its spending?
Without a detailed breakdown of program, administrative, and fundraising expenses, precise efficiency is hard to determine. However, the recurring deficits in several years (e.g., 2022, 2020, 2018, 2016) suggest challenges in managing expenses relative to revenue, indicating potential inefficiencies or funding shortfalls.
Filing History
IRS 990 filing history for Childrens Athletic Development Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Childrens Athletic Development Association Inc's revenue has grown by 38.9%, moving from $249K to $346K. Total assets increased by 113.5% over the same period, from $13K to $28K. Total functional expenses rose by 29.6%, from $264K to $342K. In its most recent filing year (2023), Childrens Athletic Development Association Inc reported a surplus of $4K, with revenue exceeding expenses. The organization holds $200K in liabilities against $28K in assets (debt-to-asset ratio: 717.1%), resulting in net assets of $-172,137.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $346K | $342K | $28K | $200K | — | — |
| 2022 | $301K | $446K | $25K | $201K | — | View 990 |
| 2021 | $399K | $194K | $169K | $200K | — | View 990 |
| 2020 | $105K | $233K | $24K | $61K | — | View 990 |
| 2019 | $343K | $334K | $91K | $269 | — | View 990 |
| 2018 | $305K | $326K | $81K | $137 | — | View 990 |
| 2017 | $392K | $327K | $111K | $9K | — | View 990 |
| 2016 | $233K | $332K | $37K | $572 | — | View 990 |
| 2015 | $375K | $298K | $135K | $1K | — | View 990 |
| 2014 | $253K | $261K | $57K | $986 | — | View 990 |
| 2013 | $259K | $210K | $65K | $0 | — | View 990 |
| 2012 | $270K | $268K | $25K | $9K | — | View 990 |
| 2011 | $249K | $264K | $13K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $346K, expenses of $342K, and assets of $28K (revenue +14.9% year-over-year).
- 2022: Revenue of $301K, expenses of $446K, and assets of $25K (revenue -24.6% year-over-year).
- 2021: Revenue of $399K, expenses of $194K, and assets of $169K (revenue +279.6% year-over-year).
- 2020: Revenue of $105K, expenses of $233K, and assets of $24K (revenue -69.4% year-over-year).
- 2019: Revenue of $343K, expenses of $334K, and assets of $91K (revenue +12.7% year-over-year).
- 2018: Revenue of $305K, expenses of $326K, and assets of $81K (revenue -22.2% year-over-year).
- 2017: Revenue of $392K, expenses of $327K, and assets of $111K (revenue +67.9% year-over-year).
- 2016: Revenue of $233K, expenses of $332K, and assets of $37K (revenue -37.8% year-over-year).
- 2015: Revenue of $375K, expenses of $298K, and assets of $135K (revenue +48.6% year-over-year).
- 2014: Revenue of $253K, expenses of $261K, and assets of $57K (revenue -2.6% year-over-year).
- 2013: Revenue of $259K, expenses of $210K, and assets of $65K (revenue -4.1% year-over-year).
- 2012: Revenue of $270K, expenses of $268K, and assets of $25K (revenue +8.5% year-over-year).
- 2011: Revenue of $249K, expenses of $264K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Childrens Athletic Development Association Inc:
Data Sources and Methodology
This transparency report for Childrens Athletic Development Association 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.