Community Parents Head Start Corporation
Community Parents Head Start Corporation operates with tight margins and fluctuating asset levels, reporting no officer compensation.
EIN: 112207085 · Brooklyn, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.9M |
| Total Expenses | $5.8M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $5,866,265 |
| Net Assets | $-130,963 |
| Transparency Score | 75/100 |
Is Community Parents Head Start Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Community Parents Head Start Corporation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Community Parents Head Start Corporation
Community Parents Head Start Corporation (EIN: 112207085) is a nonprofit organization based in Brooklyn, NY. The organization reported total revenue of $5.9M and total assets of $187K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Parents Head Start Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community Parents Head Start Corporation is a mid-size nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.5M |
| Total Expenses | $5.8M |
| Surplus / Deficit | $-285,497 |
| Total Assets | $728K |
| Total Liabilities | $858K |
| Net Assets | $-130,963 |
| Operating Margin | -5.1% |
| Debt-to-Asset Ratio | 118.0% |
| Months of Reserves | 1.5 months |
Financial Health Grade: D
In 2023, Community Parents Head Start Corporation reported a deficit of $285K with expenses exceeding revenue, holds 1.5 months of operating reserves (limited), has a debt-to-asset ratio of 118.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Community Parents Head Start Corporation's revenue has grown at a compound annual growth rate (CAGR) of 9.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.4% | +12.9% | +22.1% |
| 2022 | +7.8% | +5.9% | +22.6% |
| 2021 | +37.2% | +37.0% | -54.9% |
| 2020 | -33.7% | -33.7% | +101.7% |
| 2019 | +8.0% | +8.0% | -21.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1989 |
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 Parents Head Start Corporation 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Community Parents Head Start Corporation 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 $285K, with expenses exceeding revenue.
- Debt-to-asset ratio: 118.0%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings is highly unusual for an organization of this size (latest revenue $5,866,265) and suggests either a fully volunteer executive team or that compensation is reported under different categories, which could impact 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 Community Parents Head Start Corporation's IRS 990 filings:
- Consistent reporting of 0% officer compensation for an organization with over $5 million in revenue, which is highly unusual.
- Significant decline in assets from $727,517 in 2023 to $186,930 in the latest available data.
- Liabilities frequently exceeding or closely matching assets, indicating potential liquidity issues (e.g., 2023: Liabilities $858,480 vs. Assets $727,517).
Strengths
The following positive indicators were identified for Community Parents Head Start Corporation:
- Consistent operational activity with revenues generally matching expenses over many years, indicating stable program delivery.
- Long filing history (13 filings) suggests established operations and compliance with IRS reporting requirements.
Frequently Asked Questions about Community Parents Head Start Corporation
Is Community Parents Head Start Corporation a legitimate charity?
Community Parents Head Start Corporation (EIN: 112207085) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.9M. 3 red flags identified. 2 strengths noted. Financial health grade: D.
How does Community Parents Head Start Corporation spend its money?
Community Parents Head Start Corporation directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Community Parents Head Start Corporation tax-deductible?
Community Parents Head Start Corporation is registered as a tax-exempt nonprofit (EIN: 112207085). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Community Parents Head Start Corporation CEO make?
Community Parents Head Start Corporation's highest-compensated officer earns $5,866,265 annually. The organization reported $5.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Community Parents Head Start Corporation's spending goes to programs?
Community Parents Head Start Corporation directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Community Parents Head Start Corporation located?
Community Parents Head Start Corporation is headquartered in Brooklyn, New York and files with the IRS under EIN 112207085.
How many years of IRS 990 filings does Community Parents Head Start Corporation have?
Community Parents Head Start Corporation 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 $5.9M in total revenue.
Why is officer compensation consistently reported as 0%?
This is unusual for an organization with revenues exceeding $5 million annually and warrants clarification to understand if executives are truly unpaid or if compensation is categorized differently.
What caused the significant drop in assets from $727,517 in 2023 to $186,930 in the latest available data?
This substantial decrease in assets could indicate significant expenditures, asset depreciation, or a change in financial reporting, and understanding the reason is crucial for assessing financial stability.
How does the organization manage its liabilities, which have often been close to or exceeded its assets?
For example, in 2023, liabilities ($858,480) exceeded assets ($727,517). This pattern suggests potential liquidity challenges and reliance on short-term funding or credit.
Filing History
IRS 990 filing history for Community Parents Head Start Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Community Parents Head Start Corporation's revenue has grown by 187.3%, moving from $1.9M to $5.5M. Total assets decreased by 46.8% over the same period, from $1.4M to $728K. Total functional expenses rose by 202.1%, from $1.9M to $5.8M. In its most recent filing year (2023), Community Parents Head Start Corporation reported a deficit of $285K, with expenses exceeding revenue. The organization holds $858K in liabilities against $728K in assets (debt-to-asset ratio: 118.0%), resulting in net assets of $-130,963.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.5M | $5.8M | $728K | $858K | — | View 990 |
| 2022 | $5.3M | $5.2M | $596K | $441K | — | View 990 |
| 2021 | $4.9M | $4.9M | $486K | $479K | — | View 990 |
| 2020 | $3.6M | $3.6M | $1.1M | $825K | — | View 990 |
| 2019 | $5.4M | $5.4M | $534K | $534K | — | View 990 |
| 2018 | $5.0M | $5.0M | $680K | $680K | — | View 990 |
| 2017 | $9.1M | $9.1M | $609K | $609K | — | View 990 |
| 2016 | $5.4M | $5.3M | $1.1M | $1.1M | — | View 990 |
| 2015 | $4.6M | $4.8M | $402K | $559K | — | View 990 |
| 2014 | $4.9M | $4.9M | $489K | $487K | — | View 990 |
| 2013 | $930K | $939K | $508K | $518K | — | View 990 |
| 2012 | $4.5M | $4.5M | $595K | $595K | — | View 990 |
| 2011 | $1.9M | $1.9M | $1.4M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.5M, expenses of $5.8M, and assets of $728K (revenue +5.4% year-over-year).
- 2022: Revenue of $5.3M, expenses of $5.2M, and assets of $596K (revenue +7.8% year-over-year).
- 2021: Revenue of $4.9M, expenses of $4.9M, and assets of $486K (revenue +37.2% year-over-year).
- 2020: Revenue of $3.6M, expenses of $3.6M, and assets of $1.1M (revenue -33.7% year-over-year).
- 2019: Revenue of $5.4M, expenses of $5.4M, and assets of $534K (revenue +8.0% year-over-year).
- 2018: Revenue of $5.0M, expenses of $5.0M, and assets of $680K (revenue -45.4% year-over-year).
- 2017: Revenue of $9.1M, expenses of $9.1M, and assets of $609K (revenue +69.9% year-over-year).
- 2016: Revenue of $5.4M, expenses of $5.3M, and assets of $1.1M (revenue +15.6% year-over-year).
- 2015: Revenue of $4.6M, expenses of $4.8M, and assets of $402K (revenue -5.9% year-over-year).
- 2014: Revenue of $4.9M, expenses of $4.9M, and assets of $489K (revenue +430.3% year-over-year).
- 2013: Revenue of $930K, expenses of $939K, and assets of $508K (revenue -79.5% year-over-year).
- 2012: Revenue of $4.5M, expenses of $4.5M, and assets of $595K (revenue +134.3% year-over-year).
- 2011: Revenue of $1.9M, expenses of $1.9M, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Community Parents Head Start Corporation:
Data Sources and Methodology
This transparency report for Community Parents Head Start Corporation 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.