Childrens House Inc
Childrens House Inc: Declining Revenue, High Liabilities, and Questionable Spending
EIN: 221818908 · Verona, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $802K |
| Total Expenses | $754K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $158K |
| Transparency Score | 45/100 |
Is Childrens House Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Childrens House Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Childrens House Inc
Childrens House Inc (EIN: 221818908) is a nonprofit organization based in Verona, NJ. The organization reported total revenue of $802K and total assets of $276K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Childrens House Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Childrens House Inc is a small nonprofit that has been operating for 58 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $879K |
| Total Expenses | $754K |
| Surplus / Deficit | +$125K |
| Total Assets | $290K |
| Total Liabilities | $133K |
| Net Assets | $158K |
| Operating Margin | 14.2% |
| Debt-to-Asset Ratio | 45.7% |
| Months of Reserves | 4.6 months |
Financial Health Grade: A
In 2023, Childrens House Inc reported a surplus of $125K with revenue exceeding expenses, holds 4.6 months of operating reserves (adequate), has a debt-to-asset ratio of 45.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Childrens House Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.9% | +8.8% | -1.6% |
| 2022 | +52.9% | +8.2% | +2.8% |
| 2021 | -20.6% | +5.7% | +17.5% |
| 2020 | -2.6% | +2.5% | -21.8% |
| 2019 | +4.3% | +2.2% | +29.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1968 |
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 House Inc with a Mission Score of 45 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Childrens House Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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:
- The organization reported a surplus of $125K, with revenue exceeding expenses.
- Debt-to-asset ratio: 45.7%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, which is highly unusual for an organization with significant revenue and expenses, suggesting potential underreporting or alternative compensation structures.
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 House Inc's IRS 990 filings:
- Consistent reporting of $0 executive compensation raises a significant red flag regarding transparency and potential hidden compensation.
- Liabilities have exceeded assets in multiple years (e.g., 2022: $261,985 liabilities vs. $295,063 assets; 2021: $287,666 liabilities vs. $286,943 assets), indicating financial instability.
- Despite fluctuating revenue, expenses have remained consistently high, often exceeding revenue, leading to net losses in several years (e.g., 2021: $475,353 revenue vs. $640,922 expenses).
- The organization's net assets have been declining over the past few years, from $312,365 in 2019 to $290,332 in 2023.
Strengths
The following positive indicators were identified for Childrens House Inc:
- The organization has maintained a consistent presence in Verona, NJ, for several years.
- Despite financial challenges, the organization continues to operate and provide services.
Frequently Asked Questions about Childrens House Inc
Is Childrens House Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Childrens House Inc (EIN: 221818908) significant concerns. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
How does Childrens House Inc spend its money?
Childrens House Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Childrens House Inc tax-deductible?
Childrens House Inc is registered as a tax-exempt nonprofit (EIN: 221818908). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Childrens House Inc CEO make?
Childrens House Inc's highest-compensated officer earns $0 annually. The organization reported $802K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Childrens House Inc's spending goes to programs?
Childrens House Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Childrens House Inc located?
Childrens House Inc is headquartered in Verona, New Jersey and files with the IRS under EIN 221818908.
How many years of IRS 990 filings does Childrens House Inc have?
Childrens House 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 $802K in total revenue.
What does Childrens House Inc do?
Childrens House Inc is a nonprofit organization in the Unknown sector, located in Verona, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Childrens House Inc have?
Childrens House Inc reported total revenue of $801,557. Based on 13 IRS 990 filings on record.
What are Childrens House Inc's total assets?
Childrens House Inc holds total assets of $276,241 as reported in IRS 990 filings.
Where is Childrens House Inc located?
Childrens House Inc is based in Verona, New Jersey.
What is Childrens House Inc's EIN?
Childrens House Inc's Employer Identification Number (EIN) is 221818908. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Childrens House Inc?
Childrens House Inc is classified under NTEE code Unknown (Unknown).
Is Childrens House Inc a registered 501(c)(3)?
Childrens House Inc appears in IRS records (EIN: 221818908). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Childrens House Inc file IRS Form 990?
Yes, Childrens House Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202308.
What was Childrens House Inc's revenue in 2023?
In the 202308 filing period, Childrens House Inc reported total revenue of $879,098, total expenses of $753,831, and net assets of $290,332.
Is Childrens House Inc's revenue growing or declining?
Childrens House Inc's revenue is growing. Revenue went from $726,963 (202208) to $879,098 (202308), a +20.9% change. Based on 13 filings on record.
What is Childrens House Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Childrens House Inc covers tax period 202308. It shows revenue of $879,098, expenses of $753,831, total assets of $290,332, and liabilities of $132,556.
How much does Childrens House Inc spend on programs vs administration?
Based on IRS 990 analysis, Childrens House Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Childrens House Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Childrens House Inc shows mixed signals. Mission Score: 45/100 (Fair). 4 red flags identified. 2 strengths noted.
What are the red flags for Childrens House Inc?
The following concerns were identified: Consistent reporting of $0 executive compensation raises a significant red flag regarding transparency and potential hidden compensation.. Liabilities have exceeded assets in multiple years (e.g., 2022: $261,985 liabilities vs. $295,063 assets; 2021: $287,666 liabilities vs. $286,943 assets), indicating financial instability.. Despite fluctuating revenue, expenses have remained consistently high, often exceeding revenue, leading to net losses in several years (e.g., 2021: $475,353 revenue vs. $640,922 expenses).. The organization's net assets have been declining over the past few years, from $312,365 in 2019 to $290,332 in 2023.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Childrens House Inc's strengths?
Positive indicators for Childrens House Inc include: The organization has maintained a consistent presence in Verona, NJ, for several years.. Despite financial challenges, the organization continues to operate and provide services.. These findings are derived from AI analysis of the organization's financial filings.
How does Childrens House Inc compensate executives?
Executive compensation is reported as $0 across all available filings, which is highly unusual for an organization with significant revenue and expenses, suggesting potential underreporting or alternative compensation structures. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 executive compensation, what is the actual compensation structure for the leadership of Childrens House Inc, and how is it justified?
The filings consistently show $0 for the highest compensated employees. This could indicate that leadership is compensated through other means not reported in this section, such as through related entities, or that the roles are entirely volunteer. Further investigation into their IRS Form 990 would be necessary to understand the full compensation picture.
What specific measures are being taken to address the recurring net losses and the trend of liabilities exceeding assets, particularly in 2021 and 2022?
The data shows that expenses frequently outpace revenue, leading to net losses. For example, in 2021, expenses were $640,922 against $475,353 in revenue. The organization needs to either significantly increase its revenue streams or implement substantial cost-cutting measures to improve its financial health and reduce its high liability burden.
Filing History
IRS 990 filing history for Childrens House Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Childrens House Inc's revenue has grown by 147%, moving from $356K to $879K. Total assets increased by 40.6% over the same period, from $206K to $290K. Total functional expenses rose by 147.5%, from $305K to $754K. In its most recent filing year (2023), Childrens House Inc reported a surplus of $125K, with revenue exceeding expenses. The organization holds $133K in liabilities against $290K in assets (debt-to-asset ratio: 45.7%), resulting in net assets of $158K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $879K | $754K | $290K | $133K | — | View 990 |
| 2022 | $727K | $693K | $295K | $262K | — | View 990 |
| 2021 | $475K | $641K | $287K | $288K | — | View 990 |
| 2020 | $599K | $606K | $244K | $79K | — | — |
| 2019 | $614K | $592K | $312K | $140K | — | View 990 |
| 2018 | $589K | $579K | $241K | $91K | — | View 990 |
| 2017 | $569K | $605K | $249K | $109K | — | View 990 |
| 2016 | $549K | $557K | $259K | $84K | — | View 990 |
| 2015 | $498K | $488K | $258K | $128K | — | View 990 |
| 2014 | $403K | $412K | $267K | $148K | — | View 990 |
| 2013 | $337K | $339K | $180K | $51K | — | View 990 |
| 2012 | $261K | $336K | $178K | $47K | — | View 990 |
| 2011 | $356K | $305K | $206K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $879K, expenses of $754K, and assets of $290K (revenue +20.9% year-over-year).
- 2022: Revenue of $727K, expenses of $693K, and assets of $295K (revenue +52.9% year-over-year).
- 2021: Revenue of $475K, expenses of $641K, and assets of $287K (revenue -20.6% year-over-year).
- 2020: Revenue of $599K, expenses of $606K, and assets of $244K (revenue -2.6% year-over-year).
- 2019: Revenue of $614K, expenses of $592K, and assets of $312K (revenue +4.3% year-over-year).
- 2018: Revenue of $589K, expenses of $579K, and assets of $241K (revenue +3.5% year-over-year).
- 2017: Revenue of $569K, expenses of $605K, and assets of $249K (revenue +3.7% year-over-year).
- 2016: Revenue of $549K, expenses of $557K, and assets of $259K (revenue +10.2% year-over-year).
- 2015: Revenue of $498K, expenses of $488K, and assets of $258K (revenue +23.6% year-over-year).
- 2014: Revenue of $403K, expenses of $412K, and assets of $267K (revenue +19.7% year-over-year).
- 2013: Revenue of $337K, expenses of $339K, and assets of $180K (revenue +29.2% year-over-year).
- 2012: Revenue of $261K, expenses of $336K, and assets of $178K (revenue -26.8% year-over-year).
- 2011: Revenue of $356K, expenses of $305K, and assets of $206K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Childrens House Inc:
Data Sources and Methodology
This transparency report for Childrens House 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.