Community Coordinated Child Care Of Union County Inc

Is Community Coordinated Child Care Of Union County Inc Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Community Coordinated Child Care Of Union County Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Community Coordinated Child Care Of Union County Inc

Community Coordinated Child Care Of Union County Inc (EIN: 222101241) is a nonprofit organization based in Rahway, NJ. The organization reported total revenue of $3.7M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Coordinated Child Care Of Union County Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

Community Coordinated Child Care Of Union County Inc is a mid-size nonprofit that has been operating for 49 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -14.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Financial Health Grade: B

In 2023, Community Coordinated Child Care Of Union County Inc reported a surplus of $2K with revenue exceeding expenses, holds 7.2 months of operating reserves (strong position), has a debt-to-asset ratio of 62.0% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Community Coordinated Child Care Of Union County Inc's revenue has declined at a compound annual growth rate (CAGR) of -14.5%.

IRS Tax-Exempt Classification

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 Coordinated Child Care Of Union County Inc with a Mission Score of 75 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: 10%
• programs: 85%
• fundraising: 5%

According to IRS 990 filings, Community Coordinated Child Care Of Union County 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 $2K, with revenue exceeding expenses.
• Debt-to-asset ratio: 62.0%.

Executive Compensation Analysis

Executive compensation is reported as $0 on all available 990-EZ filings, suggesting either no paid executives or compensation is reported under other expense categories, which warrants further investigation.

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 Coordinated Child Care Of Union County Inc's IRS 990 filings:

• Increasing liabilities from $318,898 in 2018 to $1,302,042 in 2023 without a proportional increase in assets or revenue.
• Consistent reporting of $0 for officer, director, trustee, and key employee compensation on 990-EZ forms, which may obscure actual compensation if paid through other means or entities.

Strengths

The following positive indicators were identified for Community Coordinated Child Care Of Union County Inc:

• Stable revenue generation, consistently above $3.2M annually over the past eight years.
• Assets have shown growth, from $1,137,512 in 2018 to $2,101,266 in 2023, indicating some financial stability.

Frequently Asked Questions about Community Coordinated Child Care Of Union County Inc

Filing History

IRS 990 filing history for Community Coordinated Child Care Of Union County Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Community Coordinated Child Care Of Union County Inc's revenue has declined by 84.6%, moving from $22.8M to $3.5M. Total assets decreased by 46.9% over the same period, from $4.0M to $2.1M. Total functional expenses fell by 84.7%, from $22.8M to $3.5M. In its most recent filing year (2023), Community Coordinated Child Care Of Union County Inc reported a surplus of $2K, with revenue exceeding expenses. The organization holds $1.3M in liabilities against $2.1M in assets (debt-to-asset ratio: 62.0%), resulting in net assets of $799K.

Year-by-Year Financial Summary

• 2023: Revenue of $3.5M, expenses of $3.5M, and assets of $2.1M (revenue +6.9% year-over-year).
• 2022: Revenue of $3.3M, expenses of $3.3M, and assets of $1.4M (revenue -9.8% year-over-year).
• 2021: Revenue of $3.6M, expenses of $3.6M, and assets of $1.5M (revenue -2.1% year-over-year).
• 2020: Revenue of $3.7M, expenses of $3.7M, and assets of $1.6M (revenue +4.0% year-over-year).
• 2019: Revenue of $3.6M, expenses of $3.6M, and assets of $1.3M (revenue -1.6% year-over-year).
• 2018: Revenue of $3.6M, expenses of $3.7M, and assets of $1.1M (revenue -7.6% year-over-year).
• 2017: Revenue of $3.9M, expenses of $4.0M, and assets of $1.4M (revenue -5.4% year-over-year).
• 2016: Revenue of $4.1M, expenses of $4.2M, and assets of $1.5M (revenue +6.1% year-over-year).
• 2015: Revenue of $3.9M, expenses of $3.9M, and assets of $1.4M (revenue +3.5% year-over-year).
• 2014: Revenue of $3.8M, expenses of $3.8M, and assets of $1.6M (revenue +4.2% year-over-year).
• 2013: Revenue of $3.6M, expenses of $3.7M, and assets of $1.6M (revenue -53.0% year-over-year).
• 2012: Revenue of $7.7M, expenses of $7.7M, and assets of $4.6M (revenue -66.2% year-over-year).
• 2011: Revenue of $22.8M, expenses of $22.8M, and assets of $4.0M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Community Coordinated Child Care Of Union County Inc:

Data Sources and Methodology

This transparency report for Community Coordinated Child Care Of Union County 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.