Eastern Child Development Center

Is Eastern Child Development Center Legit?

Some Concerns

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

Eastern Child Development Center directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Eastern Child Development Center

Eastern Child Development Center (EIN: 203523780) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code B21. The organization reported total revenue of $1.9M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eastern Child Development Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

Eastern Child Development Center is a mid-size nonprofit that has been operating for 17 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 5.7%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Financial Health Grade: A

In 2023, Eastern Child Development Center reported a surplus of $132K with revenue exceeding expenses, holds 9.7 months of operating reserves (strong position), has a debt-to-asset ratio of 1.3% (very low leverage).

Financial Trends

Over 14 years of filings (2010–2023), Eastern Child Development Center's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.

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 Eastern Child Development 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: 8%
• programs: 90%
• fundraising: 2%

According to IRS 990 filings, Eastern Child Development Center allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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 surplus of $132K, with revenue exceeding expenses.
• Debt-to-asset ratio: 1.3%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership either serves on a volunteer basis or is compensated through other means not categorized as officer compensation, which is highly unusual for an organization with nearly $2 million in annual 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 Eastern Child Development Center's IRS 990 filings:

• Unusually low or zero reported officer compensation for an organization of this size, which might warrant further inquiry into how leadership is compensated or structured.

Strengths

The following positive indicators were identified for Eastern Child Development Center:

• Consistent operating surpluses, with revenue exceeding expenses in most recent years.
• Significant growth in assets, from $258,460 in 2020 to $1,439,656 in 2023, indicating strong financial management.
• Extremely low liabilities, often reported as zero, demonstrating financial stability.
• No reported officer compensation across all filings, suggesting a highly mission-focused and potentially volunteer-driven leadership.
• Steady revenue growth over the past several years, indicating increasing support and program reach.

Frequently Asked Questions about Eastern Child Development Center

Filing History

IRS 990 filing history for Eastern Child Development Center showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Eastern Child Development Center's revenue has grown by 105.2%, moving from $936K to $1.9M. Total assets increased by 4132.8% over the same period, from $34K to $1.4M. Total functional expenses rose by 95.9%, from $913K to $1.8M. In its most recent filing year (2023), Eastern Child Development Center reported a surplus of $132K, with revenue exceeding expenses. The organization holds $19K in liabilities against $1.4M in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $1.4M.

Year-by-Year Financial Summary

• 2023: Revenue of $1.9M, expenses of $1.8M, and assets of $1.4M (revenue -9.5% year-over-year).
• 2022: Revenue of $2.1M, expenses of $1.6M, and assets of $1.3M (revenue +13.8% year-over-year).
• 2021: Revenue of $1.9M, expenses of $1.3M, and assets of $790K (revenue +38.4% year-over-year).
• 2020: Revenue of $1.3M, expenses of $1.3M, and assets of $258K (revenue -14.3% year-over-year).
• 2019: Revenue of $1.6M, expenses of $1.6M, and assets of $138K (revenue -2.6% year-over-year).
• 2018: Revenue of $1.6M, expenses of $1.5M, and assets of $181K (revenue +23.8% year-over-year).
• 2017: Revenue of $1.3M, expenses of $1.3M, and assets of $73K (revenue +5.8% year-over-year).
• 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $112K (revenue -10.6% year-over-year).
• 2015: Revenue of $1.4M, expenses of $1.4M, and assets of $93K (revenue -5.0% year-over-year).
• 2014: Revenue of $1.4M, expenses of $1.4M, and assets of $36K (revenue +24.0% year-over-year).
• 2013: Revenue of $1.2M, expenses of $1.1M, and assets of $10K (revenue +3.6% year-over-year).
• 2012: Revenue of $1.1M, expenses of $1.1M, and assets of $16K (revenue +15.3% year-over-year).
• 2011: Revenue of $979K, expenses of $944K, and assets of $18K (revenue +4.6% year-over-year).
• 2010: Revenue of $936K, expenses of $913K, and assets of $34K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Eastern Child Development Center:

Data Sources and Methodology

This transparency report for Eastern Child Development 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.