Elma Early Childhood Center Inc
EIN: 261591444 · Elma, IA · NTEE: P33
| Metric | Value |
|---|---|
| Total Revenue | $200K |
| Total Expenses | $237K |
| Net Assets | $121K |
Is Elma Early Childhood Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Elma Early Childhood Center Inc
Elma Early Childhood Center Inc (EIN: 261591444) is a nonprofit organization based in Elma, IA, classified under NTEE code P33. The organization reported total revenue of $200K and total assets of $64K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elma Early Childhood Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elma Early Childhood Center Inc is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $238K |
| Total Expenses | $237K |
| Surplus / Deficit | +$218 |
| Total Assets | $121K |
| Net Assets | $121K |
| Operating Margin | 0.1% |
| Months of Reserves | 6.1 months |
Financial Health Grade: A
In 2023, Elma Early Childhood Center Inc reported a surplus of $218 with revenue exceeding expenses, holds 6.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Elma Early Childhood Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.0% | +5.7% | +0.2% |
| 2022 | +45.9% | +25.7% | +104.6% |
| 2021 | +24.9% | +25.2% | +145.3% |
| 2020 | +0.6% | -6.6% | +152.2% |
| 2019 | +4.8% | +2.3% | +57.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Elma Early Childhood Center Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Elma Early Childhood Center Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $218, with revenue exceeding expenses.
Frequently Asked Questions about Elma Early Childhood Center Inc
Is Elma Early Childhood Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Elma Early Childhood Center Inc (EIN: 261591444) insufficient data. 0 red flags identified, 0 strengths noted.
How does Elma Early Childhood Center Inc spend its money?
Detailed spending breakdown data is not yet available for Elma Early Childhood Center Inc. Check back for updated IRS 990 analysis.
Are donations to Elma Early Childhood Center Inc tax-deductible?
Elma Early Childhood Center Inc is registered as a tax-exempt nonprofit (EIN: 261591444). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Elma Early Childhood Center Inc located?
Elma Early Childhood Center Inc is headquartered in Elma, Iowa and files with the IRS under EIN 261591444. It is classified under NTEE code P33.
How many years of IRS 990 filings does Elma Early Childhood Center Inc have?
Elma Early Childhood Center Inc 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 $200K in total revenue.
Filing History
IRS 990 filing history for Elma Early Childhood Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Elma Early Childhood Center Inc's revenue has grown by 59.1%, moving from $149K to $238K. Total assets increased by 297.3% over the same period, from $31K to $121K. Total functional expenses rose by 77.7%, from $134K to $237K. In its most recent filing year (2023), Elma Early Childhood Center Inc reported a surplus of $218, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $238K | $237K | $121K | $0 | — | View 990 |
| 2022 | $286K | $225K | $121K | $0 | — | — |
| 2021 | $196K | $179K | $59K | $0 | — | View 990 |
| 2020 | $157K | $143K | $24K | $0 | — | View 990 |
| 2019 | $156K | $153K | $10K | $0 | — | View 990 |
| 2018 | $149K | $149K | $6K | $0 | — | View 990 |
| 2017 | $124K | $140K | $6K | $0 | — | View 990 |
| 2016 | $135K | $143K | $22K | $0 | — | View 990 |
| 2015 | $128K | $113K | $31K | $0 | — | View 990 |
| 2014 | $88K | $90K | $15K | $0 | — | View 990 |
| 2013 | $109K | $113K | $18K | $0 | — | View 990 |
| 2012 | $131K | $139K | $22K | $0 | — | View 990 |
| 2011 | $149K | $134K | $31K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $238K, expenses of $237K, and assets of $121K (revenue -17.0% year-over-year).
- 2022: Revenue of $286K, expenses of $225K, and assets of $121K (revenue +45.9% year-over-year).
- 2021: Revenue of $196K, expenses of $179K, and assets of $59K (revenue +24.9% year-over-year).
- 2020: Revenue of $157K, expenses of $143K, and assets of $24K (revenue +0.6% year-over-year).
- 2019: Revenue of $156K, expenses of $153K, and assets of $10K (revenue +4.8% year-over-year).
- 2018: Revenue of $149K, expenses of $149K, and assets of $6K (revenue +20.6% year-over-year).
- 2017: Revenue of $124K, expenses of $140K, and assets of $6K (revenue -8.1% year-over-year).
- 2016: Revenue of $135K, expenses of $143K, and assets of $22K (revenue +5.3% year-over-year).
- 2015: Revenue of $128K, expenses of $113K, and assets of $31K (revenue +45.6% year-over-year).
- 2014: Revenue of $88K, expenses of $90K, and assets of $15K (revenue -19.5% year-over-year).
- 2013: Revenue of $109K, expenses of $113K, and assets of $18K (revenue -16.7% year-over-year).
- 2012: Revenue of $131K, expenses of $139K, and assets of $22K (revenue -12.3% year-over-year).
- 2011: Revenue of $149K, expenses of $134K, and assets of $31K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Elma Early Childhood Center Inc:
Data Sources and Methodology
This transparency report for Elma 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.