Eleanor Whitmore Early Childhood Center Inc
Eleanor Whitmore Early Childhood Center maintains strong assets and no reported officer compensation, despite a slight deficit in 2023.
EIN: 112202589 · East Hampton, NY · NTEE: P33Z · Updated: 2026-03-28
About Eleanor Whitmore Early Childhood Center Inc
Eleanor Whitmore Early Childhood Center Inc (EIN: 112202589) is a nonprofit organization based in East Hampton, NY, classified under NTEE code P33Z. The organization reported total revenue of $2.4M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eleanor Whitmore Early Childhood Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Eleanor Whitmore Early Childhood Center Inc 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, Eleanor Whitmore Early Childhood 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are not compensated, which is highly commendable for an organization of its size with assets nearing $2.7 million.
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 Eleanor Whitmore Early Childhood Center Inc's IRS 990 filings:
- Expenses slightly exceeded revenue in the 2023 fiscal period ($2,397,482 vs $2,288,286), which warrants monitoring to ensure it does not become a trend.
Strengths
The following positive indicators were identified for Eleanor Whitmore Early Childhood Center Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating high dedication of resources to mission.
- Strong asset growth from $1,518,854 in 2019 to $2,714,015 in 2023.
- Generally healthy financial position with revenues often exceeding expenses.
- Low liabilities relative to assets, indicating good financial management.
- Consistent filing history demonstrating transparency.
Frequently Asked Questions about Eleanor Whitmore Early Childhood Center Inc
Is Eleanor Whitmore Early Childhood Center Inc a good charity?
Based on the available financial data, the Eleanor Whitmore Early Childhood Center Inc appears to be a very good charity. It demonstrates strong financial health, consistent growth, and a remarkable commitment to directing resources towards its mission by reporting 0% officer compensation.
How has the organization's financial stability changed over the last five years?
The organization's financial stability has generally improved over the last five years. Revenue has grown from $1,297,038 in 2019 to $2,288,286 in 2023, and assets have increased from $1,518,854 to $2,714,015 in the same period, indicating robust growth and asset accumulation.
What is the significance of 0% officer compensation?
The 0% officer compensation reported across all filings is highly significant. It means that the organization's top leadership is not drawing a salary, which suggests that a greater proportion of funds can be allocated directly to program services and operational needs, enhancing the charity's efficiency and impact.
Filing History
IRS 990 filing history for Eleanor Whitmore Early Childhood Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Eleanor Whitmore Early Childhood Center Inc's revenue has grown by 68.4%, moving from $1.4M to $2.3M. Total assets increased by 154.3% over the same period, from $1.1M to $2.7M. Total functional expenses rose by 82.6%, from $1.3M to $2.4M. In its most recent filing year (2023), Eleanor Whitmore Early Childhood Center Inc reported a deficit of $109K, with expenses exceeding revenue. The organization holds $48K in liabilities against $2.7M in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $2.4M | $2.7M | $48K | — | — |
| 2022 | $2.7M | $2.2M | $2.9M | $115K | — | View 990 |
| 2021 | $2.5M | $2.0M | $2.3M | $35K | — | View 990 |
| 2020 | $1.8M | $1.5M | $1.8M | $28K | — | View 990 |
| 2019 | $1.3M | $1.4M | $1.5M | $28K | — | View 990 |
| 2018 | $1.6M | $1.6M | $1.7M | $31K | — | View 990 |
| 2017 | $1.6M | $1.6M | $1.7M | $17K | — | View 990 |
| 2016 | $1.5M | $1.5M | $1.6M | $34K | — | View 990 |
| 2015 | $1.9M | $1.3M | $1.6M | $32K | — | View 990 |
| 2014 | $1.3M | $1.3M | $1.1M | $39K | — | View 990 |
| 2013 | $1.4M | $1.5M | $1.1M | $56K | — | View 990 |
| 2012 | $1.6M | $1.4M | $1.2M | $100K | — | View 990 |
| 2011 | $1.4M | $1.3M | $1.1M | $209K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $2.4M, and assets of $2.7M (revenue -16.3% year-over-year).
- 2022: Revenue of $2.7M, expenses of $2.2M, and assets of $2.9M (revenue +11.1% year-over-year).
- 2021: Revenue of $2.5M, expenses of $2.0M, and assets of $2.3M (revenue +39.3% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.5M, and assets of $1.8M (revenue +36.2% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.4M, and assets of $1.5M (revenue -19.3% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.6M, and assets of $1.7M (revenue -2.1% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.6M, and assets of $1.7M (revenue +9.8% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.5M, and assets of $1.6M (revenue -20.4% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.3M, and assets of $1.6M (revenue +42.9% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.3M, and assets of $1.1M (revenue -6.4% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.5M, and assets of $1.1M (revenue -12.9% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.4M, and assets of $1.2M (revenue +18.6% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.3M, and assets of $1.1M.
Data Sources and Methodology
This transparency report for Eleanor Whitmore Early Childhood 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.