Childrens Therapy Center
Childrens Therapy Center experienced operational deficits in recent years and shows concerning $0 revenue and assets in its latest filing.
EIN: 205356206 · Kent, WA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $3.0M |
| Program Spending | 80% |
| Net Assets | $-187,508 |
| Transparency Score | 65/100 |
Is Childrens Therapy Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Childrens Therapy Center directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Childrens Therapy Center
Childrens Therapy Center (EIN: 205356206) is a nonprofit organization based in Kent, WA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Childrens Therapy Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Childrens Therapy Center is a mid-size nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of 18.2%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $3.0M |
| Surplus / Deficit | $-14,788 |
| Total Assets | $33K |
| Total Liabilities | $221K |
| Net Assets | $-187,508 |
| Operating Margin | -0.5% |
| Debt-to-Asset Ratio | 664.1% |
| Months of Reserves | 0.1 months |
Financial Health Grade: D
In 2014, Childrens Therapy Center reported a deficit of $15K with expenses exceeding revenue, holds 0.1 months of operating reserves (limited), has a debt-to-asset ratio of 664.1% (high leverage).
Financial Trends
Over 4 years of filings (2011–2014), Childrens Therapy Center's revenue has grown at a compound annual growth rate (CAGR) of 18.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | +53.1% | +41.1% | +887.2% |
| 2013 | +23.9% | +21.4% | -96.3% |
| 2012 | -13.1% | +10.6% | -65.6% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Childrens Therapy Center 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: 80%
- fundraising: 5%
According to IRS 990 filings, Childrens Therapy Center allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $15K, with expenses exceeding revenue.
- Debt-to-asset ratio: 664.1%.
Executive Compensation Analysis
Officer compensation is consistently reported as 0% across all available filings, which is unusual for an organization of this size and could indicate that executive compensation is either not paid, paid through a related entity, or reported under other expense categories, warranting further investigation for full transparency.
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 Therapy Center's IRS 990 filings:
- Consistent operational deficits in multiple years (e.g., 2014, 2013, 2012)
- Latest filing shows $0 revenue and assets, indicating potential cessation of operations or significant reporting issue
- Liabilities significantly exceeded assets in 2014 ($220,748 liabilities vs. $33,240 assets)
- Unusually low or zero reported officer compensation for an organization with multi-million dollar revenues
Strengths
The following positive indicators were identified for Childrens Therapy Center:
- Demonstrated ability to generate multi-million dollar revenues in prior years (e.g., $2,983,231 in 2014)
- Growth in revenue from $1,571,758 in 2012 to $2,983,231 in 2014 (prior to the latest filing)
Frequently Asked Questions about Childrens Therapy Center
Is Childrens Therapy Center a legitimate charity?
Childrens Therapy Center (EIN: 205356206) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 65/100. It has 4 years of IRS 990 filings on record. 4 red flags identified. 2 strengths noted. Financial health grade: D.
How does Childrens Therapy Center spend its money?
Childrens Therapy Center directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Childrens Therapy Center tax-deductible?
Childrens Therapy Center is registered as a tax-exempt nonprofit (EIN: 205356206). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Childrens Therapy Center's spending goes to programs?
Childrens Therapy Center directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Childrens Therapy Center located?
Childrens Therapy Center is headquartered in Kent, Washington and files with the IRS under EIN 205356206.
How many years of IRS 990 filings does Childrens Therapy Center have?
Childrens Therapy Center has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
What caused the significant drop to $0 revenue and assets in the latest filing?
The latest filing showing $0 revenue and assets is a critical concern and requires further investigation to understand if the organization ceased operations, merged, or if there's a reporting anomaly.
How does Childrens Therapy Center cover its operational deficits, such as the $14,788 deficit in 2014?
The organization would need to cover operational deficits through prior year surpluses, drawing down reserves, or through other non-operating income sources not detailed in these summary figures.
What is the actual executive compensation structure, given the 0% reported officer compensation?
The consistent reporting of 0% officer compensation suggests that either executives are unpaid volunteers, or their compensation is categorized differently (e.g., as salaries and wages for non-officers) or paid by a related entity, which would require more detailed financial statements to clarify.
Filing History
IRS 990 filing history for Childrens Therapy Center showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Childrens Therapy Center's revenue has grown by 64.9%, moving from $1.8M to $3.0M. Total assets decreased by 87.3% over the same period, from $261K to $33K. Total functional expenses rose by 89.4%, from $1.6M to $3.0M. In its most recent filing year (2014), Childrens Therapy Center reported a deficit of $15K, with expenses exceeding revenue. The organization holds $221K in liabilities against $33K in assets (debt-to-asset ratio: 664.1%), resulting in net assets of $-187,508.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $3.0M | $3.0M | $33K | $221K | — | View 990 |
| 2013 | $1.9M | $2.1M | $3K | $176K | — | View 990 |
| 2012 | $1.6M | $1.8M | $90K | $86K | — | View 990 |
| 2011 | $1.8M | $1.6M | $261K | $79K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $3.0M, expenses of $3.0M, and assets of $33K (revenue +53.1% year-over-year).
- 2013: Revenue of $1.9M, expenses of $2.1M, and assets of $3K (revenue +23.9% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.8M, and assets of $90K (revenue -13.1% year-over-year).
- 2011: Revenue of $1.8M, expenses of $1.6M, and assets of $261K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Childrens Therapy Center:
Data Sources and Methodology
This transparency report for Childrens Therapy Center 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.