Childrens Center For Discovery Inc
EIN: 521534761 · Frederick, MD · NTEE: P33Z
| Metric | Value |
|---|---|
| Total Revenue | $391K |
| Total Expenses | $330K |
| Net Assets | $56K |
Is Childrens Center For Discovery 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 Center For Discovery Inc
Childrens Center For Discovery Inc (EIN: 521534761) is a nonprofit organization based in Frederick, MD, classified under NTEE code P33Z. The organization reported total revenue of $391K and total assets of $281K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Childrens Center For Discovery Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Childrens Center For Discovery Inc is a small nonprofit that has been operating for 36 years, with 12 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 | $391K |
| Total Expenses | $330K |
| Surplus / Deficit | +$61K |
| Total Assets | $281K |
| Total Liabilities | $225K |
| Net Assets | $56K |
| Operating Margin | 15.5% |
| Debt-to-Asset Ratio | 80.1% |
| Months of Reserves | 10.2 months |
Financial Health Grade: A
In 2022, Childrens Center For Discovery Inc reported a surplus of $61K with revenue exceeding expenses, holds 10.2 months of operating reserves (strong position), has a debt-to-asset ratio of 80.1% (high leverage).
Financial Trends
Over 12 years of filings (2011–2022), Childrens Center For Discovery Inc's revenue has declined at a compound annual growth rate (CAGR) of -8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -21.4% | -12.7% | +32.3% |
| 2021 | +33.9% | +21.5% | +119.1% |
| 2020 | -3.2% | -18.6% | +85.7% |
| 2019 | -29.4% | -33.0% | +26.8% |
| 2018 | -11.0% | -6.5% | -14.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Center For Discovery 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 Center For Discovery 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 $61K, with revenue exceeding expenses.
- Debt-to-asset ratio: 80.1%.
Frequently Asked Questions about Childrens Center For Discovery Inc
Is Childrens Center For Discovery Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Childrens Center For Discovery Inc (EIN: 521534761) insufficient data. 0 red flags identified, 0 strengths noted.
How does Childrens Center For Discovery Inc spend its money?
Detailed spending breakdown data is not yet available for Childrens Center For Discovery Inc. Check back for updated IRS 990 analysis.
Are donations to Childrens Center For Discovery Inc tax-deductible?
Childrens Center For Discovery Inc is registered as a tax-exempt nonprofit (EIN: 521534761). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Childrens Center For Discovery Inc located?
Childrens Center For Discovery Inc is headquartered in Frederick, Maryland and files with the IRS under EIN 521534761. It is classified under NTEE code P33Z.
How many years of IRS 990 filings does Childrens Center For Discovery Inc have?
Childrens Center For Discovery Inc has 12 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 $391K in total revenue.
Filing History
IRS 990 filing history for Childrens Center For Discovery Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Childrens Center For Discovery Inc's revenue has declined by 60.8%, moving from $996K to $391K. Total assets increased by 256.1% over the same period, from $79K to $281K. Total functional expenses fell by 68.9%, from $1.1M to $330K. In its most recent filing year (2022), Childrens Center For Discovery Inc reported a surplus of $61K, with revenue exceeding expenses. The organization holds $225K in liabilities against $281K in assets (debt-to-asset ratio: 80.1%), resulting in net assets of $56K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $391K | $330K | $281K | $225K | — | View 990 |
| 2021 | $497K | $378K | $212K | $192K | — | View 990 |
| 2020 | $371K | $311K | $97K | $196K | — | View 990 |
| 2019 | $383K | $383K | $52K | $211K | — | View 990 |
| 2018 | $543K | $571K | $41K | $201K | — | View 990 |
| 2017 | $610K | $611K | $48K | $180K | — | View 990 |
| 2016 | $646K | $657K | $45K | $176K | — | View 990 |
| 2015 | $561K | $584K | $69K | $188K | — | — |
| 2014 | $620K | $641K | $74K | $170K | — | View 990 |
| 2013 | $613K | $643K | $83K | $159K | — | View 990 |
| 2012 | $775K | $812K | $74K | $120K | — | View 990 |
| 2011 | $996K | $1.1M | $79K | $243K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $391K, expenses of $330K, and assets of $281K (revenue -21.4% year-over-year).
- 2021: Revenue of $497K, expenses of $378K, and assets of $212K (revenue +33.9% year-over-year).
- 2020: Revenue of $371K, expenses of $311K, and assets of $97K (revenue -3.2% year-over-year).
- 2019: Revenue of $383K, expenses of $383K, and assets of $52K (revenue -29.4% year-over-year).
- 2018: Revenue of $543K, expenses of $571K, and assets of $41K (revenue -11.0% year-over-year).
- 2017: Revenue of $610K, expenses of $611K, and assets of $48K (revenue -5.5% year-over-year).
- 2016: Revenue of $646K, expenses of $657K, and assets of $45K (revenue +15.1% year-over-year).
- 2015: Revenue of $561K, expenses of $584K, and assets of $69K (revenue -9.5% year-over-year).
- 2014: Revenue of $620K, expenses of $641K, and assets of $74K (revenue +1.2% year-over-year).
- 2013: Revenue of $613K, expenses of $643K, and assets of $83K (revenue -20.9% year-over-year).
- 2012: Revenue of $775K, expenses of $812K, and assets of $74K (revenue -22.3% year-over-year).
- 2011: Revenue of $996K, expenses of $1.1M, and assets of $79K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Childrens Center For Discovery Inc:
Data Sources and Methodology
This transparency report for Childrens Center For Discovery 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.