El Centro Comunal Borincano Day Care
El Centro Comunal Borincano Day Care: Steady Growth, Strong Program Focus
EIN: 221981621 · Camden, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $3.5M |
| Total Expenses | $2.6M |
| Program Spending | 80% |
| Net Assets | $3.9M |
| Transparency Score | 75/100 |
Is El Centro Comunal Borincano Day Care Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
El Centro Comunal Borincano Day Care directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About El Centro Comunal Borincano Day Care
El Centro Comunal Borincano Day Care (EIN: 221981621) is a nonprofit organization based in Camden, NJ. The organization reported total revenue of $3.5M and total assets of $4.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of El Centro Comunal Borincano Day Care's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
El Centro Comunal Borincano Day Care is a mid-size nonprofit that has been operating for 50 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.4M |
| Total Expenses | $2.6M |
| Surplus / Deficit | +$719K |
| Total Assets | $5.0M |
| Total Liabilities | $1.2M |
| Net Assets | $3.9M |
| Operating Margin | 21.5% |
| Debt-to-Asset Ratio | 22.9% |
| Months of Reserves | 22.9 months |
Financial Health Grade: A
In 2023, El Centro Comunal Borincano Day Care reported a surplus of $719K with revenue exceeding expenses, holds 22.9 months of operating reserves (strong position), has a debt-to-asset ratio of 22.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), El Centro Comunal Borincano Day Care's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.6% | +0.1% | +13.9% |
| 2022 | +25.9% | +18.9% | +10.9% |
| 2021 | -6.0% | +4.8% | +5.0% |
| 2020 | +16.2% | +3.5% | +14.2% |
| 2019 | +9.0% | -1.6% | +4.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2300 |
| IRS Ruling Date | 1976 |
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 El Centro Comunal Borincano Day Care 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: 80%
- fundraising: 10%
According to IRS 990 filings, El Centro Comunal Borincano Day Care allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $719K, with revenue exceeding expenses.
- Debt-to-asset ratio: 22.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting a volunteer-driven leadership or that compensation is not reported in this category.
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.
Strengths
The following positive indicators were identified for El Centro Comunal Borincano Day Care:
- Consistent revenue growth over eight years, from $1,935,875 in 2016 to $3,351,509 in 2023, indicates strong financial health.
- Assets have steadily increased from $3,357,507 in 2016 to $5,027,455 in 2023, enhancing long-term stability.
- The organization consistently reports 0% compensation for key personnel, potentially maximizing funds for programs.
Frequently Asked Questions about El Centro Comunal Borincano Day Care
Is El Centro Comunal Borincano Day Care a legitimate charity?
El Centro Comunal Borincano Day Care (EIN: 221981621) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.5M. No red flags identified. 3 strengths noted. Financial health grade: A.
How does El Centro Comunal Borincano Day Care spend its money?
El Centro Comunal Borincano Day Care directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to El Centro Comunal Borincano Day Care tax-deductible?
El Centro Comunal Borincano Day Care is registered as a tax-exempt nonprofit (EIN: 221981621). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of El Centro Comunal Borincano Day Care's spending goes to programs?
El Centro Comunal Borincano Day Care directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is El Centro Comunal Borincano Day Care located?
El Centro Comunal Borincano Day Care is headquartered in Camden, New Jersey and files with the IRS under EIN 221981621.
How many years of IRS 990 filings does El Centro Comunal Borincano Day Care have?
El Centro Comunal Borincano Day Care 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 $3.5M in total revenue.
What does El Centro Comunal Borincano Day Care do?
El Centro Comunal Borincano Day Care is a nonprofit organization in the Unknown sector, located in Camden, New Jersey. It is classified under NTEE code Unknown.
How much revenue does El Centro Comunal Borincano Day Care have?
El Centro Comunal Borincano Day Care reported total revenue of $3,483,119. Based on 13 IRS 990 filings on record.
What are El Centro Comunal Borincano Day Care's total assets?
El Centro Comunal Borincano Day Care holds total assets of $4,521,105 as reported in IRS 990 filings.
Where is El Centro Comunal Borincano Day Care located?
El Centro Comunal Borincano Day Care is based in Camden, New Jersey.
What is El Centro Comunal Borincano Day Care's EIN?
El Centro Comunal Borincano Day Care's Employer Identification Number (EIN) is 221981621. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is El Centro Comunal Borincano Day Care?
El Centro Comunal Borincano Day Care is classified under NTEE code Unknown (Unknown).
Is El Centro Comunal Borincano Day Care a registered 501(c)(3)?
El Centro Comunal Borincano Day Care appears in IRS records (EIN: 221981621). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does El Centro Comunal Borincano Day Care file IRS Form 990?
Yes, El Centro Comunal Borincano Day Care has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was El Centro Comunal Borincano Day Care's revenue in 2023?
In the 202312 filing period, El Centro Comunal Borincano Day Care reported total revenue of $3,351,509, total expenses of $2,632,161, and net assets of $5,027,455.
Is El Centro Comunal Borincano Day Care's revenue growing or declining?
El Centro Comunal Borincano Day Care's revenue is growing. Revenue went from $3,172,355 (202212) to $3,351,509 (202312), a +5.6% change. Based on 13 filings on record.
What is El Centro Comunal Borincano Day Care's most recent 990 filing?
The most recent IRS Form 990 filing for El Centro Comunal Borincano Day Care covers tax period 202312. It shows revenue of $3,351,509, expenses of $2,632,161, total assets of $5,027,455, and liabilities of $1,150,347.
How much does El Centro Comunal Borincano Day Care spend on programs vs administration?
Based on IRS 990 analysis, El Centro Comunal Borincano Day Care allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is El Centro Comunal Borincano Day Care a trustworthy charity?
Based on AI analysis of IRS 990 data, El Centro Comunal Borincano Day Care appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 3 strengths noted.
What are El Centro Comunal Borincano Day Care's strengths?
Positive indicators for El Centro Comunal Borincano Day Care include: Consistent revenue growth over eight years, from $1,935,875 in 2016 to $3,351,509 in 2023, indicates strong financial health.. Assets have steadily increased from $3,357,507 in 2016 to $5,027,455 in 2023, enhancing long-term stability.. The organization consistently reports 0% compensation for key personnel, potentially maximizing funds for programs.. These findings are derived from AI analysis of the organization's financial filings.
How does El Centro Comunal Borincano Day Care compensate executives?
Executive compensation is reported as 0% across all available filings, suggesting a volunteer-driven leadership or that compensation is not reported in this category. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the reported 0% executive compensation impact the organization's operational model and sustainability?
A consistent 0% executive compensation suggests a highly volunteer-dependent leadership or that key personnel are compensated through other means not captured in this specific filing category. While it maximizes funds for programs, it could also pose challenges for long-term leadership retention and professional development if not balanced with other forms of support or recognition.
Filing History
IRS 990 filing history for El Centro Comunal Borincano Day Care showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), El Centro Comunal Borincano Day Care's revenue has grown by 93.8%, moving from $1.7M to $3.4M. Total assets increased by 40.1% over the same period, from $3.6M to $5.0M. Total functional expenses rose by 48.3%, from $1.8M to $2.6M. In its most recent filing year (2023), El Centro Comunal Borincano Day Care reported a surplus of $719K, with revenue exceeding expenses. The organization holds $1.2M in liabilities against $5.0M in assets (debt-to-asset ratio: 22.9%), resulting in net assets of $3.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.4M | $2.6M | $5.0M | $1.2M | — | — |
| 2022 | $3.2M | $2.6M | $4.4M | $1.3M | — | View 990 |
| 2021 | $2.5M | $2.2M | $4.0M | $1.4M | — | View 990 |
| 2020 | $2.7M | $2.1M | $3.8M | $1.5M | — | — |
| 2019 | $2.3M | $2.0M | $3.3M | $1.6M | — | View 990 |
| 2018 | $2.1M | $2.1M | $3.2M | $1.7M | — | View 990 |
| 2017 | $1.9M | $2.0M | $3.2M | $1.8M | — | — |
| 2016 | $1.9M | $2.1M | $3.4M | $1.9M | — | View 990 |
| 2015 | $1.8M | $1.9M | $3.6M | $2.0M | — | View 990 |
| 2014 | $2.0M | $1.9M | $3.7M | $2.0M | — | View 990 |
| 2013 | $1.9M | $1.8M | $3.5M | $2.0M | — | View 990 |
| 2012 | $1.8M | $1.8M | $3.5M | $2.2M | — | View 990 |
| 2011 | $1.7M | $1.8M | $3.6M | $2.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.4M, expenses of $2.6M, and assets of $5.0M (revenue +5.6% year-over-year).
- 2022: Revenue of $3.2M, expenses of $2.6M, and assets of $4.4M (revenue +25.9% year-over-year).
- 2021: Revenue of $2.5M, expenses of $2.2M, and assets of $4.0M (revenue -6.0% year-over-year).
- 2020: Revenue of $2.7M, expenses of $2.1M, and assets of $3.8M (revenue +16.2% year-over-year).
- 2019: Revenue of $2.3M, expenses of $2.0M, and assets of $3.3M (revenue +9.0% year-over-year).
- 2018: Revenue of $2.1M, expenses of $2.1M, and assets of $3.2M (revenue +8.7% year-over-year).
- 2017: Revenue of $1.9M, expenses of $2.0M, and assets of $3.2M (revenue +0.6% year-over-year).
- 2016: Revenue of $1.9M, expenses of $2.1M, and assets of $3.4M (revenue +5.8% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.9M, and assets of $3.6M (revenue -9.2% year-over-year).
- 2014: Revenue of $2.0M, expenses of $1.9M, and assets of $3.7M (revenue +5.0% year-over-year).
- 2013: Revenue of $1.9M, expenses of $1.8M, and assets of $3.5M (revenue +5.7% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.8M, and assets of $3.5M (revenue +5.1% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.8M, and assets of $3.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for El Centro Comunal Borincano Day Care:
Data Sources and Methodology
This transparency report for El Centro Comunal Borincano Day Care 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.