Childs Place
EIN: 852103004 · Redwood Falls, MN · NTEE: P62
| Metric | Value |
|---|---|
| Total Revenue | $311K |
| Total Expenses | $304K |
| Net Assets | $64K |
Is Childs Place Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Childs Place
Childs Place (EIN: 852103004) is a nonprofit organization based in Redwood Falls, MN, classified under NTEE code P62. The organization reported total revenue of $311K and total assets of $55K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Childs Place's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Childs Place is a small nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 89.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $301K |
| Total Expenses | $304K |
| Surplus / Deficit | $-2,891 |
| Total Assets | $64K |
| Net Assets | $64K |
| Operating Margin | -1.0% |
| Months of Reserves | 2.5 months |
Financial Health Grade: C
In 2023, Childs Place reported a deficit of $3K with expenses exceeding revenue, holds 2.5 months of operating reserves (limited).
Financial Trends
Over 4 years of filings (2020–2023), Childs Place's revenue has grown at a compound annual growth rate (CAGR) of 89.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.6% | +12.4% | -30.2% |
| 2022 | +47.7% | +28.6% | +490.3% |
| 2021 | +397.6% | +373.8% | +1562200.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Childs Place 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 Childs Place 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 deficit of $3K, with expenses exceeding revenue.
Frequently Asked Questions about Childs Place
Is Childs Place a legitimate charity?
Based on AI analysis of IRS 990 filings, Childs Place (EIN: 852103004) insufficient data. 0 red flags identified, 0 strengths noted.
How does Childs Place spend its money?
Detailed spending breakdown data is not yet available for Childs Place. Check back for updated IRS 990 analysis.
Are donations to Childs Place tax-deductible?
Childs Place is registered as a tax-exempt nonprofit (EIN: 852103004). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Childs Place located?
Childs Place is headquartered in Redwood Falls, Minnesota and files with the IRS under EIN 852103004. It is classified under NTEE code P62.
How many years of IRS 990 filings does Childs Place have?
Childs Place has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $311K in total revenue.
Filing History
IRS 990 filing history for Childs Place showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Childs Place's revenue has grown by 578.7%, moving from $44K to $301K. Total assets increased by 6433900% over the same period, from $1 to $64K. Total functional expenses rose by 585.2%, from $44K to $304K. In its most recent filing year (2023), Childs Place reported a deficit of $3K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $301K | $304K | $64K | $0 | — | View 990 |
| 2022 | $326K | $270K | $92K | $25K | — | View 990 |
| 2021 | $221K | $210K | $16K | $4K | — | View 990 |
| 2020 | $44K | $44K | $1 | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $301K, expenses of $304K, and assets of $64K (revenue -7.6% year-over-year).
- 2022: Revenue of $326K, expenses of $270K, and assets of $92K (revenue +47.7% year-over-year).
- 2021: Revenue of $221K, expenses of $210K, and assets of $16K (revenue +397.6% year-over-year).
- 2020: Revenue of $44K, expenses of $44K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Childs Place:
Data Sources and Methodology
This transparency report for Childs Place 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.