Cypress Hills Child Care Corporation
Cypress Hills Child Care Corporation shows consistent revenue growth and no reported officer compensation over the past decade.
EIN: 113116118 · Brooklyn, NY · NTEE: P33Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.1M |
| Total Expenses | $3.7M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $3.9 |
| Net Assets | $1.4M |
| Transparency Score | 90/100 |
Is Cypress Hills Child Care Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cypress Hills Child Care Corporation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cypress Hills Child Care Corporation
Cypress Hills Child Care Corporation (EIN: 113116118) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code P33Z. The organization reported total revenue of $4.1M and total assets of $4.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cypress Hills Child Care Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cypress Hills Child Care Corporation is a mid-size nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.9M |
| Total Expenses | $3.7M |
| Surplus / Deficit | +$223K |
| Total Assets | $4.6M |
| Total Liabilities | $3.3M |
| Net Assets | $1.4M |
| Operating Margin | 5.7% |
| Debt-to-Asset Ratio | 70.4% |
| Months of Reserves | 15.0 months |
Financial Health Grade: A
In 2023, Cypress Hills Child Care Corporation reported a surplus of $223K with revenue exceeding expenses, holds 15.0 months of operating reserves (strong position), has a debt-to-asset ratio of 70.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cypress Hills Child Care Corporation's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.3% | +3.4% | +31.8% |
| 2022 | +17.2% | +20.1% | +3.4% |
| 2021 | -2.5% | +2.3% | +5.5% |
| 2020 | +1.6% | -2.1% | +23.2% |
| 2019 | +16.1% | +8.0% | +8.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Cypress Hills Child Care Corporation with a Mission Score of 90 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, Cypress Hills Child Care Corporation 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 $223K, with revenue exceeding expenses.
- Debt-to-asset ratio: 70.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of this size with $3.9 million in revenue.
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 Cypress Hills Child Care Corporation's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this scale and warrants further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Cypress Hills Child Care Corporation:
- Consistent revenue growth, increasing from $2.45M in 2014 to $3.93M in 2023, demonstrating expanding capacity.
- Healthy asset growth, with assets increasing from $890,524 in 2014 to $4,643,476 in 2023.
- Positive operating surpluses in most years, such as $223,087 in 2023, contributing to financial stability.
- No reported officer compensation, suggesting a strong commitment to directing funds towards programs and operations.
Frequently Asked Questions about Cypress Hills Child Care Corporation
Is Cypress Hills Child Care Corporation a legitimate charity?
Cypress Hills Child Care Corporation (EIN: 113116118) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.1M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Cypress Hills Child Care Corporation spend its money?
Cypress Hills Child Care Corporation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Cypress Hills Child Care Corporation tax-deductible?
Cypress Hills Child Care Corporation is registered as a tax-exempt nonprofit (EIN: 113116118). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Cypress Hills Child Care Corporation CEO make?
Cypress Hills Child Care Corporation's highest-compensated officer earns $3.9 annually. The organization reported $4.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Cypress Hills Child Care Corporation's spending goes to programs?
Cypress Hills Child Care Corporation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Cypress Hills Child Care Corporation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Cypress Hills Child Care Corporation is above average for NTEE category P33Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cypress Hills Child Care Corporation located?
Cypress Hills Child Care Corporation is headquartered in Brooklyn, New York and files with the IRS under EIN 113116118. It is classified under NTEE code P33Z.
How many years of IRS 990 filings does Cypress Hills Child Care Corporation have?
Cypress Hills Child Care 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 $4.1M in total revenue.
How does Cypress Hills Child Care Corporation manage to operate without reported officer compensation?
The filings consistently show 0% officer compensation. This could mean officers are volunteers, compensated through other means not classified as 'officer compensation' on the 990, or the organization has a unique operational structure.
What is the trend in the organization's net assets?
Net assets have shown significant growth, increasing from $700,522 ($890,524 assets - $190,002 liabilities) in 2014 to $1,372,453 ($4,643,476 assets - $3,271,023 liabilities) in 2023, indicating financial stability and accumulation of reserves.
Is the organization's growth in liabilities a concern?
While liabilities have increased from $190,002 in 2014 to $3,271,023 in 2023, assets have grown at a faster rate, maintaining a healthy asset-to-liability ratio. For example, in 2023, assets were $4,643,476 against $3,271,023 in liabilities, suggesting solvency.
Filing History
IRS 990 filing history for Cypress Hills Child Care Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cypress Hills Child Care Corporation's revenue has grown by 62.7%, moving from $2.4M to $3.9M. Total assets increased by 460.9% over the same period, from $828K to $4.6M. Total functional expenses rose by 50.1%, from $2.5M to $3.7M. In its most recent filing year (2023), Cypress Hills Child Care Corporation reported a surplus of $223K, with revenue exceeding expenses. The organization holds $3.3M in liabilities against $4.6M in assets (debt-to-asset ratio: 70.4%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.9M | $3.7M | $4.6M | $3.3M | — | — |
| 2022 | $3.7M | $3.6M | $3.5M | $2.4M | — | View 990 |
| 2021 | $3.1M | $3.0M | $3.4M | $2.3M | — | View 990 |
| 2020 | $3.2M | $2.9M | $3.2M | $2.3M | — | View 990 |
| 2019 | $3.2M | $3.0M | $2.6M | $2.0M | — | View 990 |
| 2018 | $2.7M | $2.8M | $2.4M | $2.0M | — | View 990 |
| 2017 | $2.7M | $2.7M | $2.4M | $1.8M | — | View 990 |
| 2016 | $2.6M | $2.7M | $771K | $230K | — | View 990 |
| 2015 | $2.5M | $2.7M | $779K | $189K | — | View 990 |
| 2014 | $2.5M | $2.5M | $891K | $190K | — | View 990 |
| 2013 | $2.6M | $2.4M | $998K | $244K | — | View 990 |
| 2012 | $2.5M | $2.5M | $828K | $193K | — | View 990 |
| 2011 | $2.4M | $2.5M | $828K | $184K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.9M, expenses of $3.7M, and assets of $4.6M (revenue +7.3% year-over-year).
- 2022: Revenue of $3.7M, expenses of $3.6M, and assets of $3.5M (revenue +17.2% year-over-year).
- 2021: Revenue of $3.1M, expenses of $3.0M, and assets of $3.4M (revenue -2.5% year-over-year).
- 2020: Revenue of $3.2M, expenses of $2.9M, and assets of $3.2M (revenue +1.6% year-over-year).
- 2019: Revenue of $3.2M, expenses of $3.0M, and assets of $2.6M (revenue +16.1% year-over-year).
- 2018: Revenue of $2.7M, expenses of $2.8M, and assets of $2.4M (revenue +1.2% year-over-year).
- 2017: Revenue of $2.7M, expenses of $2.7M, and assets of $2.4M (revenue +1.8% year-over-year).
- 2016: Revenue of $2.6M, expenses of $2.7M, and assets of $771K (revenue +3.4% year-over-year).
- 2015: Revenue of $2.5M, expenses of $2.7M, and assets of $779K (revenue +4.0% year-over-year).
- 2014: Revenue of $2.5M, expenses of $2.5M, and assets of $891K (revenue -4.2% year-over-year).
- 2013: Revenue of $2.6M, expenses of $2.4M, and assets of $998K (revenue +3.3% year-over-year).
- 2012: Revenue of $2.5M, expenses of $2.5M, and assets of $828K (revenue +2.4% year-over-year).
- 2011: Revenue of $2.4M, expenses of $2.5M, and assets of $828K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cypress Hills Child Care Corporation:
Data Sources and Methodology
This transparency report for Cypress Hills Child Care 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.