Elkader Community Child Care And Learning Center
Elkader Community Child Care And Learning Center shows fluctuating revenue but consistent asset base and no reported officer compensation.
EIN: 200023859 · Elkader, IA · NTEE: P33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $507K |
| Total Expenses | $432K |
| Program Spending | 85% |
| Net Assets | $332K |
| Transparency Score | 85/100 |
Is Elkader Community Child Care And Learning Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Elkader Community Child Care And Learning Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Elkader Community Child Care And Learning Center
Elkader Community Child Care And Learning Center (EIN: 200023859) is a nonprofit organization based in Elkader, IA, classified under NTEE code P33. The organization reported total revenue of $507K and total assets of $513K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elkader Community Child Care And Learning Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elkader Community Child Care And Learning Center is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $353K |
| Total Expenses | $432K |
| Surplus / Deficit | $-78,492 |
| Total Assets | $482K |
| Total Liabilities | $150K |
| Net Assets | $332K |
| Operating Margin | -22.2% |
| Debt-to-Asset Ratio | 31.2% |
| Months of Reserves | 13.4 months |
Financial Health Grade: B
In 2023, Elkader Community Child Care And Learning Center reported a deficit of $78K with expenses exceeding revenue, holds 13.4 months of operating reserves (strong position), has a debt-to-asset ratio of 31.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Elkader Community Child Care And Learning Center's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -33.7% | -0.5% | -15.2% |
| 2022 | +56.7% | +25.6% | +11.9% |
| 2021 | +25.3% | +34.6% | +5.4% |
| 2020 | -3.7% | -14.7% | +2.3% |
| 2019 | -3.6% | -5.9% | -4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2003 |
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 Elkader Community Child Care And Learning Center 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, Elkader Community Child Care And Learning Center 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 deficit of $78K, with expenses exceeding revenue.
- Debt-to-asset ratio: 31.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly favorable for directing funds to its mission.
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 Elkader Community Child Care And Learning Center's IRS 990 filings:
- Expenses exceeded revenue in 2023 ($431,867 expenses vs. $353,375 revenue), indicating a deficit for the period.
Strengths
The following positive indicators were identified for Elkader Community Child Care And Learning Center:
- Consistent reporting of 0% officer compensation, demonstrating a strong commitment to program spending.
- Stable asset base, consistently around $500,000, indicating financial resilience.
- Long history of IRS 990 filings (13 filings), suggesting good transparency and compliance.
Frequently Asked Questions about Elkader Community Child Care And Learning Center
Is Elkader Community Child Care And Learning Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Elkader Community Child Care And Learning Center (EIN: 200023859) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does Elkader Community Child Care And Learning Center spend its money?
Elkader Community Child Care And Learning Center directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Elkader Community Child Care And Learning Center tax-deductible?
Elkader Community Child Care And Learning Center is registered as a tax-exempt nonprofit (EIN: 200023859). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Elkader Community Child Care And Learning Center's spending goes to programs?
Elkader Community Child Care And Learning Center directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Elkader Community Child Care And Learning Center compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Elkader Community Child Care And Learning Center is above average for NTEE category P33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Elkader Community Child Care And Learning Center located?
Elkader Community Child Care And Learning Center is headquartered in Elkader, Iowa and files with the IRS under EIN 200023859. It is classified under NTEE code P33.
How many years of IRS 990 filings does Elkader Community Child Care And Learning Center have?
Elkader Community Child Care And Learning Center 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 $507K in total revenue.
Is Elkader Community Child Care And Learning Center financially stable?
The organization has maintained a stable asset base around $500,000 for over a decade. While revenue has fluctuated and expenses exceeded revenue in 2023 ($431,867 expenses vs. $353,375 revenue), its long-term financial history suggests resilience, though recent deficits should be monitored.
How does the organization manage executive compensation?
Elkader Community Child Care And Learning Center reports 0% officer compensation in all available IRS 990 filings, indicating that no salaries are paid to its officers.
What is the trend in the organization's revenue?
Revenue has shown significant fluctuations, from a low of $158,237 in 2014 to a high of $532,698 in 2022, before decreasing to $353,375 in 2023. This indicates variability in funding or service demand.
Filing History
IRS 990 filing history for Elkader Community Child Care And Learning Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Elkader Community Child Care And Learning Center's revenue has grown by 82%, moving from $194K to $353K. Total assets decreased by 27.6% over the same period, from $666K to $482K. Total functional expenses rose by 97.2%, from $219K to $432K. In its most recent filing year (2023), Elkader Community Child Care And Learning Center reported a deficit of $78K, with expenses exceeding revenue. The organization holds $150K in liabilities against $482K in assets (debt-to-asset ratio: 31.2%), resulting in net assets of $332K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $353K | $432K | $482K | $150K | — | — |
| 2022 | $533K | $434K | $569K | $158K | — | — |
| 2021 | $340K | $346K | $508K | $197K | — | View 990 |
| 2020 | $271K | $257K | $482K | $165K | — | — |
| 2019 | $281K | $301K | $471K | $168K | — | View 990 |
| 2018 | $292K | $320K | $492K | $169K | — | View 990 |
| 2017 | $286K | $297K | $523K | $172K | — | View 990 |
| 2016 | $207K | $217K | $541K | $179K | — | View 990 |
| 2015 | $167K | $193K | $556K | $185K | — | View 990 |
| 2014 | $158K | $189K | $581K | $183K | — | View 990 |
| 2013 | $175K | $186K | $617K | $188K | — | View 990 |
| 2012 | $169K | $203K | $631K | $191K | — | View 990 |
| 2011 | $194K | $219K | $666K | $192K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $353K, expenses of $432K, and assets of $482K (revenue -33.7% year-over-year).
- 2022: Revenue of $533K, expenses of $434K, and assets of $569K (revenue +56.7% year-over-year).
- 2021: Revenue of $340K, expenses of $346K, and assets of $508K (revenue +25.3% year-over-year).
- 2020: Revenue of $271K, expenses of $257K, and assets of $482K (revenue -3.7% year-over-year).
- 2019: Revenue of $281K, expenses of $301K, and assets of $471K (revenue -3.6% year-over-year).
- 2018: Revenue of $292K, expenses of $320K, and assets of $492K (revenue +2.1% year-over-year).
- 2017: Revenue of $286K, expenses of $297K, and assets of $523K (revenue +37.9% year-over-year).
- 2016: Revenue of $207K, expenses of $217K, and assets of $541K (revenue +24.4% year-over-year).
- 2015: Revenue of $167K, expenses of $193K, and assets of $556K (revenue +5.3% year-over-year).
- 2014: Revenue of $158K, expenses of $189K, and assets of $581K (revenue -9.4% year-over-year).
- 2013: Revenue of $175K, expenses of $186K, and assets of $617K (revenue +3.5% year-over-year).
- 2012: Revenue of $169K, expenses of $203K, and assets of $631K (revenue -13.1% year-over-year).
- 2011: Revenue of $194K, expenses of $219K, and assets of $666K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Elkader Community Child Care And Learning Center:
Data Sources and Methodology
This transparency report for Elkader Community Child Care And Learning 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.