Childrens Cooperative Playschool Inc
EIN: 561375058 · Durham, NC · NTEE: B21Z
| Metric | Value |
|---|---|
| Total Revenue | $273K |
| Total Expenses | $232K |
| Net Assets | $169K |
Is Childrens Cooperative Playschool 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 Cooperative Playschool Inc
Childrens Cooperative Playschool Inc (EIN: 561375058) is a nonprofit organization based in Durham, NC, classified under NTEE code B21Z. The organization reported total revenue of $273K and total assets of $195K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Childrens Cooperative Playschool Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Childrens Cooperative Playschool Inc is a small nonprofit that has been operating for 39 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $247K |
| Total Expenses | $232K |
| Surplus / Deficit | +$15K |
| Total Assets | $190K |
| Total Liabilities | $20K |
| Net Assets | $169K |
| Operating Margin | 6.2% |
| Debt-to-Asset Ratio | 10.7% |
| Months of Reserves | 9.8 months |
Financial Health Grade: A
In 2023, Childrens Cooperative Playschool Inc reported a surplus of $15K with revenue exceeding expenses, holds 9.8 months of operating reserves (strong position), has a debt-to-asset ratio of 10.7% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Childrens Cooperative Playschool Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.4% | +16.9% | +5.4% |
| 2022 | +322.1% | +229.4% | -4.1% |
| 2021 | -71.7% | -74.2% | -4.6% |
| 2020 | -17.8% | +0.9% | -2.2% |
| 2019 | +4.0% | +2.1% | +3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Childrens Cooperative Playschool 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 Cooperative Playschool 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $15K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.7%.
Frequently Asked Questions about Childrens Cooperative Playschool Inc
Is Childrens Cooperative Playschool Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Childrens Cooperative Playschool Inc (EIN: 561375058) insufficient data. 0 red flags identified, 0 strengths noted.
How does Childrens Cooperative Playschool Inc spend its money?
Detailed spending breakdown data is not yet available for Childrens Cooperative Playschool Inc. Check back for updated IRS 990 analysis.
Are donations to Childrens Cooperative Playschool Inc tax-deductible?
Childrens Cooperative Playschool Inc is registered as a tax-exempt nonprofit (EIN: 561375058). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Childrens Cooperative Playschool Inc located?
Childrens Cooperative Playschool Inc is headquartered in Durham, North Carolina and files with the IRS under EIN 561375058. It is classified under NTEE code B21Z.
How many years of IRS 990 filings does Childrens Cooperative Playschool Inc have?
Childrens Cooperative Playschool 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 $273K in total revenue.
Filing History
IRS 990 filing history for Childrens Cooperative Playschool Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Childrens Cooperative Playschool Inc's revenue has grown by 18.5%, moving from $208K to $247K. Total assets increased by 70.9% over the same period, from $111K to $190K. Total functional expenses rose by 9.3%, from $212K to $232K. In its most recent filing year (2023), Childrens Cooperative Playschool Inc reported a surplus of $15K, with revenue exceeding expenses. The organization holds $20K in liabilities against $190K in assets (debt-to-asset ratio: 10.7%), resulting in net assets of $169K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $247K | $232K | $190K | $20K | — | View 990 |
| 2022 | $230K | $198K | $180K | $26K | — | View 990 |
| 2021 | $54K | $60K | $188K | $65K | — | View 990 |
| 2020 | $192K | $233K | $197K | $69K | — | View 990 |
| 2019 | $234K | $231K | $201K | $32K | — | View 990 |
| 2018 | $225K | $226K | $195K | $29K | — | View 990 |
| 2017 | $226K | $225K | $195K | $27K | — | View 990 |
| 2016 | $227K | $224K | $195K | $28K | — | View 990 |
| 2015 | $233K | $228K | $192K | $28K | — | View 990 |
| 2014 | $235K | $214K | $187K | $29K | — | View 990 |
| 2013 | $224K | $182K | $162K | $25K | — | View 990 |
| 2012 | $208K | $212K | $111K | $16K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $247K, expenses of $232K, and assets of $190K (revenue +7.4% year-over-year).
- 2022: Revenue of $230K, expenses of $198K, and assets of $180K (revenue +322.1% year-over-year).
- 2021: Revenue of $54K, expenses of $60K, and assets of $188K (revenue -71.7% year-over-year).
- 2020: Revenue of $192K, expenses of $233K, and assets of $197K (revenue -17.8% year-over-year).
- 2019: Revenue of $234K, expenses of $231K, and assets of $201K (revenue +4.0% year-over-year).
- 2018: Revenue of $225K, expenses of $226K, and assets of $195K (revenue -0.7% year-over-year).
- 2017: Revenue of $226K, expenses of $225K, and assets of $195K (revenue -0.5% year-over-year).
- 2016: Revenue of $227K, expenses of $224K, and assets of $195K (revenue -2.5% year-over-year).
- 2015: Revenue of $233K, expenses of $228K, and assets of $192K (revenue -0.9% year-over-year).
- 2014: Revenue of $235K, expenses of $214K, and assets of $187K (revenue +5.0% year-over-year).
- 2013: Revenue of $224K, expenses of $182K, and assets of $162K (revenue +7.5% year-over-year).
- 2012: Revenue of $208K, expenses of $212K, and assets of $111K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Childrens Cooperative Playschool Inc:
Data Sources and Methodology
This transparency report for Childrens Cooperative Playschool 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.