Cottage Childrens Center Inc
Cottage Children's Center: Consistent Growth, Strong Program Spending
EIN: 222967780 · Marlboro, MA · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $2.8M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $1.2M |
| Transparency Score | 85/100 |
Is Cottage Childrens Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cottage Childrens Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cottage Childrens Center Inc
Cottage Childrens Center Inc (EIN: 222967780) is a nonprofit organization based in Marlboro, MA. The organization reported total revenue of $3.0M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cottage Childrens Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cottage Childrens Center Inc 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 6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.9M |
| Total Expenses | $2.8M |
| Surplus / Deficit | +$54K |
| Total Assets | $1.5M |
| Total Liabilities | $361K |
| Net Assets | $1.2M |
| Operating Margin | 1.9% |
| Debt-to-Asset Ratio | 23.6% |
| Months of Reserves | 6.5 months |
Financial Health Grade: A
In 2023, Cottage Childrens Center Inc reported a surplus of $54K with revenue exceeding expenses, holds 6.5 months of operating reserves (strong position), has a debt-to-asset ratio of 23.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cottage Childrens Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.8% | +14.8% | -2.6% |
| 2022 | +10.4% | +15.3% | +33.6% |
| 2021 | +56.1% | +44.7% | +71.2% |
| 2020 | -7.4% | -18.3% | +43.7% |
| 2019 | +0.5% | +2.7% | -8.7% |
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 Cottage Childrens Center Inc with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Cottage Childrens Center 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 $54K, with revenue exceeding expenses.
- Debt-to-asset ratio: 23.6%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led or very low-paid leadership structure, which is unusual for an organization of this revenue size.
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 Cottage Childrens Center Inc's IRS 990 filings:
- The consistent reporting of $0 for executive compensation across all years (2016-2023) may warrant further investigation to understand the leadership structure and how key management functions are compensated or fulfilled.
Strengths
The following positive indicators were identified for Cottage Childrens Center Inc:
- Consistent revenue growth from $1.5M in 2016 to $2.8M in 2023 demonstrates strong financial health and increasing capacity.
- Healthy asset growth from $539,756 in 2016 to $1,527,856 in 2023 indicates effective financial management and reinvestment.
- The organization consistently spends a high percentage of its expenses on programs, reflecting a strong commitment to its mission.
- Positive net income in most recent years (e.g., $54,160 in 2023) shows financial stability and sustainability.
Frequently Asked Questions about Cottage Childrens Center Inc
Is Cottage Childrens Center Inc a legitimate charity?
Cottage Childrens Center Inc (EIN: 222967780) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.0M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Cottage Childrens Center Inc spend its money?
Cottage Childrens Center Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Cottage Childrens Center Inc tax-deductible?
Cottage Childrens Center Inc is registered as a tax-exempt nonprofit (EIN: 222967780). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Cottage Childrens Center Inc CEO make?
Cottage Childrens Center Inc's highest-compensated officer earns $0 annually. The organization reported $3.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Cottage Childrens Center Inc's spending goes to programs?
Cottage Childrens Center Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Cottage Childrens Center Inc located?
Cottage Childrens Center Inc is headquartered in Marlboro, Massachusetts and files with the IRS under EIN 222967780.
How many years of IRS 990 filings does Cottage Childrens Center Inc have?
Cottage Childrens Center Inc 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 $3.0M in total revenue.
What does Cottage Childrens Center Inc do?
Cottage Childrens Center Inc is a nonprofit organization in the Unknown sector, located in Marlboro, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does Cottage Childrens Center Inc have?
Cottage Childrens Center Inc reported total revenue of $2,978,149. Based on 13 IRS 990 filings on record.
What are Cottage Childrens Center Inc's total assets?
Cottage Childrens Center Inc holds total assets of $1,422,102 as reported in IRS 990 filings.
Where is Cottage Childrens Center Inc located?
Cottage Childrens Center Inc is based in Marlboro, Massachusetts.
What is Cottage Childrens Center Inc's EIN?
Cottage Childrens Center Inc's Employer Identification Number (EIN) is 222967780. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Cottage Childrens Center Inc?
Cottage Childrens Center Inc is classified under NTEE code Unknown (Unknown).
Is Cottage Childrens Center Inc a registered 501(c)(3)?
Cottage Childrens Center Inc appears in IRS records (EIN: 222967780). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Cottage Childrens Center Inc file IRS Form 990?
Yes, Cottage Childrens Center Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Cottage Childrens Center Inc's revenue in 2023?
In the 202312 filing period, Cottage Childrens Center Inc reported total revenue of $2,893,442, total expenses of $2,839,282, and net assets of $1,527,856.
Is Cottage Childrens Center Inc's revenue growing or declining?
Cottage Childrens Center Inc's revenue is relatively stable. Revenue went from $2,870,519 (202212) to $2,893,442 (202312), a +0.8% change. Based on 13 filings on record.
What is Cottage Childrens Center Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Cottage Childrens Center Inc covers tax period 202312. It shows revenue of $2,893,442, expenses of $2,839,282, total assets of $1,527,856, and liabilities of $360,880.
How much does Cottage Childrens Center Inc spend on programs vs administration?
Based on IRS 990 analysis, Cottage Childrens Center Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Cottage Childrens Center Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Cottage Childrens Center Inc appears trustworthy. Mission Score: 85/100 (Excellent). 1 red flag identified. 4 strengths noted.
What are the red flags for Cottage Childrens Center Inc?
The following concerns were identified: The consistent reporting of $0 for executive compensation across all years (2016-2023) may warrant further investigation to understand the leadership structure and how key management functions are compensated or fulfilled.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Cottage Childrens Center Inc's strengths?
Positive indicators for Cottage Childrens Center Inc include: Consistent revenue growth from $1.5M in 2016 to $2.8M in 2023 demonstrates strong financial health and increasing capacity.. Healthy asset growth from $539,756 in 2016 to $1,527,856 in 2023 indicates effective financial management and reinvestment.. The organization consistently spends a high percentage of its expenses on programs, reflecting a strong commitment to its mission.. Positive net income in most recent years (e.g., $54,160 in 2023) shows financial stability and sustainability.. These findings are derived from AI analysis of the organization's financial filings.
How does Cottage Childrens Center Inc compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led or very low-paid leadership structure, which is unusual for an organization of this revenue size. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the reported $0 executive compensation, how does Cottage Children's Center Inc. attract and retain qualified leadership to manage its operations and growth?
The filings consistently show $0 for executive compensation, which suggests either a fully volunteer-led executive team, or that compensation for key leadership roles is categorized differently within the expenses, or potentially covered by an external entity. This structure is uncommon for an organization with annual revenues approaching $3 million and warrants further inquiry into their operational model.
Filing History
IRS 990 filing history for Cottage Childrens Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cottage Childrens Center Inc's revenue has grown by 102.7%, moving from $1.4M to $2.9M. Total assets increased by 144.7% over the same period, from $624K to $1.5M. Total functional expenses rose by 97.1%, from $1.4M to $2.8M. In its most recent filing year (2023), Cottage Childrens Center Inc reported a surplus of $54K, with revenue exceeding expenses. The organization holds $361K in liabilities against $1.5M in assets (debt-to-asset ratio: 23.6%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.9M | $2.8M | $1.5M | $361K | — | View 990 |
| 2022 | $2.9M | $2.5M | $1.6M | $456K | — | View 990 |
| 2021 | $2.6M | $2.1M | $1.2M | $458K | — | View 990 |
| 2020 | $1.7M | $1.5M | $686K | $424K | — | — |
| 2019 | $1.8M | $1.8M | $477K | $399K | — | View 990 |
| 2018 | $1.8M | $1.8M | $522K | $428K | — | View 990 |
| 2017 | $1.6M | $1.6M | $500K | $427K | — | View 990 |
| 2016 | $1.6M | $1.6M | $540K | $442K | — | View 990 |
| 2015 | $1.5M | $1.5M | $546K | $440K | — | View 990 |
| 2014 | $1.5M | $1.5M | $583K | $439K | — | View 990 |
| 2013 | $1.5M | $1.5M | $567K | $432K | — | View 990 |
| 2012 | $1.4M | $1.4M | $578K | $448K | — | View 990 |
| 2011 | $1.4M | $1.4M | $624K | $470K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.9M, expenses of $2.8M, and assets of $1.5M (revenue +0.8% year-over-year).
- 2022: Revenue of $2.9M, expenses of $2.5M, and assets of $1.6M (revenue +10.4% year-over-year).
- 2021: Revenue of $2.6M, expenses of $2.1M, and assets of $1.2M (revenue +56.1% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.5M, and assets of $686K (revenue -7.4% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.8M, and assets of $477K (revenue +0.5% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.8M, and assets of $522K (revenue +11.7% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.6M, and assets of $500K (revenue +2.3% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.6M, and assets of $540K (revenue +5.0% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.5M, and assets of $546K (revenue -2.9% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.5M, and assets of $583K (revenue +4.9% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.5M, and assets of $567K (revenue +3.5% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.4M, and assets of $578K (revenue -0.8% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.4M, and assets of $624K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cottage Childrens Center Inc:
Data Sources and Methodology
This transparency report for Cottage Childrens Center 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.