Elmcrest Childrens Center Inc
Elmcrest Childrens Center Inc reports a $2.9 million deficit in its latest fiscal period despite long-term asset growth.
EIN: 150539090 · Syracuse, NY · NTEE: P730 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $34.6M |
| Total Expenses | $33.9M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $30 |
| Net Assets | $30.0M |
| Transparency Score | 75/100 |
Is Elmcrest Childrens Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Elmcrest Childrens Center Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Elmcrest Childrens Center Inc
Elmcrest Childrens Center Inc (EIN: 150539090) is a nonprofit organization based in Syracuse, NY, classified under NTEE code P730. The organization reported total revenue of $34.6M and total assets of $38.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elmcrest Childrens Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elmcrest Childrens Center Inc is a large nonprofit that has been operating for 71 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $31.0M |
| Total Expenses | $33.9M |
| Surplus / Deficit | $-2,915,904 |
| Total Assets | $36.9M |
| Total Liabilities | $6.9M |
| Net Assets | $30.0M |
| Operating Margin | -9.4% |
| Debt-to-Asset Ratio | 18.7% |
| Months of Reserves | 13.1 months |
Financial Health Grade: B
In 2023, Elmcrest Childrens Center Inc reported a deficit of $2.9M with expenses exceeding revenue, holds 13.1 months of operating reserves (strong position), has a debt-to-asset ratio of 18.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Elmcrest Childrens Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.2% | +32.8% | +3.6% |
| 2022 | +3.6% | +6.2% | -5.9% |
| 2021 | -1.8% | -10.7% | +11.3% |
| 2020 | +3.2% | +0.5% | +3.2% |
| 2019 | -4.2% | +4.2% | +4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1955 |
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 Elmcrest Childrens Center Inc 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Elmcrest Childrens Center Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $2.9M, with expenses exceeding revenue.
- Debt-to-asset ratio: 18.7%.
Executive Compensation Analysis
The provided data consistently shows 0% officer compensation across all reported periods, which is highly unusual for an organization of this size with annual revenues exceeding $30 million. This suggests either that executive compensation is genuinely zero, or it is reported under different expense categories not captured by 'Officer Comp' in this summary.
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 Elmcrest Childrens Center Inc's IRS 990 filings:
- Significant operating deficit in the most recent fiscal period (202306), with expenses exceeding revenue by $2,915,904.
- Unusually low (0%) reported officer compensation for an organization with over $30 million in annual revenue, which may indicate reporting inconsistencies or a unique operational model that warrants further investigation.
Strengths
The following positive indicators were identified for Elmcrest Childrens Center Inc:
- Consistent long-term growth in assets, from $29,986,571 in 2015 to $38,941,197 currently, indicating financial stability and capacity.
- Demonstrated ability to manage liabilities, reducing them from a peak of $16,636,802 in 202006 to $6,904,929 in 202306.
- History of substantial revenue generation, consistently above $20 million annually over the past decade.
Frequently Asked Questions about Elmcrest Childrens Center Inc
Is Elmcrest Childrens Center Inc a legitimate charity?
Elmcrest Childrens Center Inc (EIN: 150539090) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $34.6M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Elmcrest Childrens Center Inc spend its money?
Elmcrest Childrens Center Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Elmcrest Childrens Center Inc tax-deductible?
Elmcrest Childrens Center Inc is registered as a tax-exempt nonprofit (EIN: 150539090). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Elmcrest Childrens Center Inc CEO make?
Elmcrest Childrens Center Inc's highest-compensated officer earns $30 annually. The organization reported $34.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Elmcrest Childrens Center Inc's spending goes to programs?
Elmcrest Childrens Center Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Elmcrest Childrens Center Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Elmcrest Childrens Center Inc is above average for NTEE category P730 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Elmcrest Childrens Center Inc located?
Elmcrest Childrens Center Inc is headquartered in Syracuse, New York and files with the IRS under EIN 150539090. It is classified under NTEE code P730.
How many years of IRS 990 filings does Elmcrest Childrens Center Inc have?
Elmcrest Childrens 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 $34.6M in total revenue.
Why did Elmcrest Childrens Center Inc incur a $2,915,904 deficit in the 202306 fiscal period?
The provided data indicates that expenses ($33,920,323) exceeded revenue ($31,004,419) in the 202306 period. Further analysis of the full IRS 990 filing would be needed to identify the specific reasons for this deficit, such as increased operational costs, decreased funding, or one-time expenditures.
How does Elmcrest Childrens Center Inc manage to report 0% officer compensation with over $30 million in annual revenue?
The consistent reporting of 0% officer compensation is highly unusual for an organization of this scale. It could mean that executive leadership is entirely volunteer-based, or that compensation for top executives is categorized differently within the IRS 990, such as under 'salaries and wages' for all employees rather than specifically 'officer compensation'.
What is the organization's strategy for addressing the recent increase in expenses relative to revenue?
The provided summary does not detail the organization's strategy. A review of their full IRS 990, particularly Part III (Statement of Program Service Accomplishments) and Part VII (Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees), along with their financial statements, would be necessary to understand their plans.
Filing History
IRS 990 filing history for Elmcrest Childrens Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Elmcrest Childrens Center Inc's revenue has grown by 68.2%, moving from $18.4M to $31.0M. Total assets increased by 27.6% over the same period, from $28.9M to $36.9M. Total functional expenses rose by 87.1%, from $18.1M to $33.9M. In its most recent filing year (2023), Elmcrest Childrens Center Inc reported a deficit of $2.9M, with expenses exceeding revenue. The organization holds $6.9M in liabilities against $36.9M in assets (debt-to-asset ratio: 18.7%), resulting in net assets of $30.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $31.0M | $33.9M | $36.9M | $6.9M | — | — |
| 2022 | $28.7M | $25.5M | $35.6M | $7.3M | — | View 990 |
| 2021 | $27.7M | $24.0M | $37.8M | $12.0M | — | View 990 |
| 2020 | $28.2M | $26.9M | $34.0M | $16.6M | — | View 990 |
| 2019 | $27.3M | $26.8M | $33.0M | $14.0M | — | View 990 |
| 2018 | $28.5M | $25.7M | $31.6M | $12.3M | — | View 990 |
| 2017 | $25.8M | $25.1M | $30.8M | $12.4M | — | View 990 |
| 2016 | $23.7M | $23.6M | $30.1M | $12.2M | — | View 990 |
| 2015 | $23.0M | $22.4M | $30.0M | $10.6M | — | View 990 |
| 2014 | $22.7M | $22.1M | $30.6M | $10.0M | — | View 990 |
| 2013 | $21.3M | $20.9M | $29.8M | $10.2M | — | View 990 |
| 2012 | $19.3M | $19.1M | $29.1M | $9.6M | — | View 990 |
| 2011 | $18.4M | $18.1M | $28.9M | $7.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $31.0M, expenses of $33.9M, and assets of $36.9M (revenue +8.2% year-over-year).
- 2022: Revenue of $28.7M, expenses of $25.5M, and assets of $35.6M (revenue +3.6% year-over-year).
- 2021: Revenue of $27.7M, expenses of $24.0M, and assets of $37.8M (revenue -1.8% year-over-year).
- 2020: Revenue of $28.2M, expenses of $26.9M, and assets of $34.0M (revenue +3.2% year-over-year).
- 2019: Revenue of $27.3M, expenses of $26.8M, and assets of $33.0M (revenue -4.2% year-over-year).
- 2018: Revenue of $28.5M, expenses of $25.7M, and assets of $31.6M (revenue +10.5% year-over-year).
- 2017: Revenue of $25.8M, expenses of $25.1M, and assets of $30.8M (revenue +8.6% year-over-year).
- 2016: Revenue of $23.7M, expenses of $23.6M, and assets of $30.1M (revenue +3.1% year-over-year).
- 2015: Revenue of $23.0M, expenses of $22.4M, and assets of $30.0M (revenue +1.3% year-over-year).
- 2014: Revenue of $22.7M, expenses of $22.1M, and assets of $30.6M (revenue +6.5% year-over-year).
- 2013: Revenue of $21.3M, expenses of $20.9M, and assets of $29.8M (revenue +10.5% year-over-year).
- 2012: Revenue of $19.3M, expenses of $19.1M, and assets of $29.1M (revenue +4.8% year-over-year).
- 2011: Revenue of $18.4M, expenses of $18.1M, and assets of $28.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Elmcrest Childrens Center Inc:
Data Sources and Methodology
This transparency report for Elmcrest Childrens 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.