Childrens Center Foundation
Childrens Center Foundation reports negative revenue and high expenses in latest filing, despite growing assets.
EIN: 20561610 · Bethany, OK · NTEE: T112 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $297K |
| Total Expenses | $2.7M |
| Program Spending | 75% |
| Net Assets | $1.5M |
| Transparency Score | 65/100 |
Is Childrens Center Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Childrens Center Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Childrens Center Foundation
Childrens Center Foundation (EIN: 20561610) is a nonprofit organization based in Bethany, OK, classified under NTEE code T112. The organization reported total revenue of $297K and total assets of $9.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Childrens Center Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Childrens Center Foundation is a small nonprofit that has been operating for 24 years, with 12 years of IRS 990 filings on record (2012–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -189.7% | +3888.5% | +8.6% |
| 2022 | -91.1% | +39.0% | -13.6% |
| 2021 | +783.9% | +21.4% | +27.6% |
| 2020 | +28.8% | +6.6% | +7.7% |
| 2019 | -50.5% | +0.5% | +8.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 Center Foundation with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Childrens Center Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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:
- Debt-to-asset ratio: 82.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is a positive sign for resource allocation.
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 Center Foundation's IRS 990 filings:
- Negative revenue of $-169,354 in the 202306 period, coupled with high expenses of $2,678,453.
- Significant increase in liabilities to $6,702,690 in 202306, representing a large portion of total assets ($8,160,806).
- Highly volatile revenue figures across different filing periods (e.g., $2,112,361 in 202106 vs. $-169,354 in 202306).
Strengths
The following positive indicators were identified for Childrens Center Foundation:
- Consistent reporting of 0% officer compensation, indicating strong transparency in executive pay.
- Long-term growth in assets, reaching $9,100,078, suggesting a build-up of organizational capacity.
- History of significant positive revenue years, such as $2,112,361 in 202106.
Frequently Asked Questions about Childrens Center Foundation
Is Childrens Center Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Childrens Center Foundation (EIN: 20561610) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Childrens Center Foundation spend its money?
Childrens Center Foundation directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Childrens Center Foundation tax-deductible?
Childrens Center Foundation is registered as a tax-exempt nonprofit (EIN: 20561610). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Childrens Center Foundation's spending goes to programs?
Childrens Center Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Childrens Center Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Childrens Center Foundation is above average for NTEE category T112 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Childrens Center Foundation located?
Childrens Center Foundation is headquartered in Bethany, Oklahoma and files with the IRS under EIN 20561610. It is classified under NTEE code T112.
How many years of IRS 990 filings does Childrens Center Foundation have?
Childrens Center Foundation 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 $297K in total revenue.
What caused the significant negative revenue of $-169,354 in the 202306 period?
The IRS 990 filing for 202306 shows a negative revenue figure, which could be due to investment losses, significant returns of contributions, or accounting adjustments. Further investigation into the specific line items of the filing would be necessary to determine the exact cause.
How does the organization manage its high liabilities, which reached $6,702,690 in 202306?
The consistent presence and growth of liabilities, particularly the jump to $6,702,690 in 202306, suggest a reliance on debt or deferred obligations. Understanding the nature of these liabilities (e.g., program-related debt, capital leases, or restricted funds) is crucial for assessing financial stability.
What is the specific breakdown of the $2,678,453 in expenses reported in 202306?
Without a detailed breakdown of expenses from the 202306 filing, it's difficult to ascertain how much was allocated to programs versus administrative or fundraising costs, especially given the negative revenue for that period.
Filing History
IRS 990 filing history for Childrens Center Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Childrens Center Foundation's revenue has declined by 164.3%, moving from $263K to $-169,354. Total assets increased by 40.7% over the same period, from $5.8M to $8.2M. Total functional expenses rose by 6771%, from $39K to $2.7M. The organization holds $6.7M in liabilities against $8.2M in assets (debt-to-asset ratio: 82.1%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-169,354 | $2.7M | $8.2M | $6.7M | — | View 990 |
| 2022 | $189K | $67K | $7.5M | $4.1M | — | View 990 |
| 2021 | $2.1M | $48K | $8.7M | $4.1M | — | View 990 |
| 2020 | $239K | $40K | $6.8M | $4.1M | — | View 990 |
| 2019 | $185K | $37K | $6.3M | $3.7M | — | View 990 |
| 2018 | $375K | $37K | $5.8M | $3.6M | — | View 990 |
| 2017 | $133K | $39K | $5.6M | $3.6M | — | View 990 |
| 2016 | $239K | $252K | $5.3M | $3.6M | — | View 990 |
| 2015 | $390K | $1.0M | $5.5M | $3.6M | — | View 990 |
| 2014 | $422K | $442K | $6.4M | $3.5M | — | View 990 |
| 2013 | $685K | $145K | $6.1M | $3.4M | — | View 990 |
| 2012 | $263K | $39K | $5.8M | $3.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-169,354, expenses of $2.7M, and assets of $8.2M (revenue -189.7% year-over-year).
- 2022: Revenue of $189K, expenses of $67K, and assets of $7.5M (revenue -91.1% year-over-year).
- 2021: Revenue of $2.1M, expenses of $48K, and assets of $8.7M (revenue +783.9% year-over-year).
- 2020: Revenue of $239K, expenses of $40K, and assets of $6.8M (revenue +28.8% year-over-year).
- 2019: Revenue of $185K, expenses of $37K, and assets of $6.3M (revenue -50.5% year-over-year).
- 2018: Revenue of $375K, expenses of $37K, and assets of $5.8M (revenue +181.3% year-over-year).
- 2017: Revenue of $133K, expenses of $39K, and assets of $5.6M (revenue -44.3% year-over-year).
- 2016: Revenue of $239K, expenses of $252K, and assets of $5.3M (revenue -38.8% year-over-year).
- 2015: Revenue of $390K, expenses of $1.0M, and assets of $5.5M (revenue -7.4% year-over-year).
- 2014: Revenue of $422K, expenses of $442K, and assets of $6.4M (revenue -38.4% year-over-year).
- 2013: Revenue of $685K, expenses of $145K, and assets of $6.1M (revenue +160.1% year-over-year).
- 2012: Revenue of $263K, expenses of $39K, and assets of $5.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Childrens Center Foundation:
Data Sources and Methodology
This transparency report for Childrens Center Foundation 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.