Community 5413 Dba Childrens Promise Center
Childrens Promise Center shows consistent growth and zero executive compensation over a decade.
EIN: 204526643 · Albuquerque, NM · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1.1M |
| Program Spending | 90% |
| Net Assets | $353K |
| Transparency Score | 92/100 |
Is Community 5413 Dba Childrens Promise Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Community 5413 Dba Childrens Promise Center directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Community 5413 Dba Childrens Promise Center
Community 5413 Dba Childrens Promise Center (EIN: 204526643) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code B82. The organization reported total revenue of $1.4M and total assets of $551K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community 5413 Dba Childrens Promise Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community 5413 Dba Childrens Promise Center is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-48,535 |
| Total Assets | $413K |
| Total Liabilities | $59K |
| Net Assets | $353K |
| Operating Margin | -4.5% |
| Debt-to-Asset Ratio | 14.4% |
| Months of Reserves | 4.4 months |
Financial Health Grade: B
In 2023, Community 5413 Dba Childrens Promise Center reported a deficit of $49K with expenses exceeding revenue, holds 4.4 months of operating reserves (adequate), has a debt-to-asset ratio of 14.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Community 5413 Dba Childrens Promise Center's revenue has grown at a compound annual growth rate (CAGR) of 15.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.8% | +46.3% | +0.1% |
| 2022 | +18.4% | +21.6% | +56.9% |
| 2021 | +23.0% | +1.5% | +77.6% |
| 2020 | +30.8% | +25.2% | +110.1% |
| 2019 | -12.9% | -7.4% | -4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 Community 5413 Dba Childrens Promise Center with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Community 5413 Dba Childrens Promise Center allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 deficit of $49K, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly favorable for a nonprofit of its size, allowing more funds to be directed to programs.
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 Community 5413 Dba Childrens Promise Center's IRS 990 filings:
- Expenses slightly exceeded revenue in 2023 ($1,125,672 vs $1,077,137), which warrants monitoring for future periods.
Strengths
The following positive indicators were identified for Community 5413 Dba Childrens Promise Center:
- Consistent revenue growth over a decade, from $418,042 in 2014 to $1,077,137 in 2023.
- Zero officer compensation reported across all filings, indicating high efficiency and mission focus.
- Significant asset growth, from $18,561 in 2014 to $412,547 in 2023, enhancing long-term stability.
- Relatively low liabilities compared to assets, suggesting sound financial management.
- Positive trend of increasing revenue and assets over 10 years.
Frequently Asked Questions about Community 5413 Dba Childrens Promise Center
Is Community 5413 Dba Childrens Promise Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Community 5413 Dba Childrens Promise Center (EIN: 204526643) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Community 5413 Dba Childrens Promise Center spend its money?
Community 5413 Dba Childrens Promise Center directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Community 5413 Dba Childrens Promise Center tax-deductible?
Community 5413 Dba Childrens Promise Center is registered as a tax-exempt nonprofit (EIN: 204526643). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Community 5413 Dba Childrens Promise Center's spending goes to programs?
Community 5413 Dba Childrens Promise Center directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Community 5413 Dba Childrens Promise Center compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Community 5413 Dba Childrens Promise Center is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Community 5413 Dba Childrens Promise Center located?
Community 5413 Dba Childrens Promise Center is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 204526643. It is classified under NTEE code B82.
How many years of IRS 990 filings does Community 5413 Dba Childrens Promise Center have?
Community 5413 Dba Childrens Promise Center 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 $1.4M in total revenue.
Is Community 5413 Dba Childrens Promise Center a good charity?
Based on the provided data, Childrens Promise Center appears to be a good charity. It demonstrates strong financial growth, maintains low liabilities, and reports 0% officer compensation, indicating a high dedication to its mission.
How has the organization's financial health changed over time?
The organization has shown significant financial growth, with revenue increasing from $418,042 in 2014 to $1,077,137 in 2023, and assets growing from $18,561 to $412,547 in the same period, indicating improving financial health.
What is the trend in their asset growth?
Assets have consistently grown, from $18,561 in 2014 to $412,547 in 2023, demonstrating a strong upward trend in financial stability and capacity.
Filing History
IRS 990 filing history for Community 5413 Dba Childrens Promise Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Community 5413 Dba Childrens Promise Center's revenue has grown by 452.9%, moving from $195K to $1.1M. Total assets increased by 19946% over the same period, from $2K to $413K. Total functional expenses rose by 501%, from $187K to $1.1M. In its most recent filing year (2023), Community 5413 Dba Childrens Promise Center reported a deficit of $49K, with expenses exceeding revenue. The organization holds $59K in liabilities against $413K in assets (debt-to-asset ratio: 14.4%), resulting in net assets of $353K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.1M | $413K | $59K | — | View 990 |
| 2022 | $938K | $769K | $412K | $31K | — | — |
| 2021 | $792K | $632K | $263K | $26K | — | View 990 |
| 2020 | $644K | $623K | $148K | $77K | — | View 990 |
| 2019 | $493K | $498K | $70K | $20K | — | View 990 |
| 2018 | $566K | $538K | $74K | $18K | — | View 990 |
| 2017 | $539K | $514K | $48K | $4K | — | — |
| 2016 | $569K | $544K | $32K | $13K | — | View 990 |
| 2015 | $439K | $457K | $2K | $8K | — | View 990 |
| 2014 | $418K | $339K | $19K | $5K | — | View 990 |
| 2013 | $332K | $299K | $2K | $15K | — | View 990 |
| 2012 | $291K | $258K | $2K | $29K | — | View 990 |
| 2011 | $195K | $187K | $2K | $62K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.1M, and assets of $413K (revenue +14.8% year-over-year).
- 2022: Revenue of $938K, expenses of $769K, and assets of $412K (revenue +18.4% year-over-year).
- 2021: Revenue of $792K, expenses of $632K, and assets of $263K (revenue +23.0% year-over-year).
- 2020: Revenue of $644K, expenses of $623K, and assets of $148K (revenue +30.8% year-over-year).
- 2019: Revenue of $493K, expenses of $498K, and assets of $70K (revenue -12.9% year-over-year).
- 2018: Revenue of $566K, expenses of $538K, and assets of $74K (revenue +5.0% year-over-year).
- 2017: Revenue of $539K, expenses of $514K, and assets of $48K (revenue -5.4% year-over-year).
- 2016: Revenue of $569K, expenses of $544K, and assets of $32K (revenue +29.7% year-over-year).
- 2015: Revenue of $439K, expenses of $457K, and assets of $2K (revenue +5.0% year-over-year).
- 2014: Revenue of $418K, expenses of $339K, and assets of $19K (revenue +25.9% year-over-year).
- 2013: Revenue of $332K, expenses of $299K, and assets of $2K (revenue +14.2% year-over-year).
- 2012: Revenue of $291K, expenses of $258K, and assets of $2K (revenue +49.3% year-over-year).
- 2011: Revenue of $195K, expenses of $187K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Community 5413 Dba Childrens Promise Center:
Data Sources and Methodology
This transparency report for Community 5413 Dba Childrens Promise 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.