Fabulous Kids Early Learning Child Care Center
EIN: 823774485 · Washington, DC · NTEE: P33
| Metric | Value |
|---|---|
| Total Revenue | $230K |
| Total Expenses | $177K |
| Net Assets | $111K |
Is Fabulous Kids Early Learning Child Care Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fabulous Kids Early Learning Child Care Center
Fabulous Kids Early Learning Child Care Center (EIN: 823774485) is a nonprofit organization based in Washington, DC, classified under NTEE code P33. The organization reported total revenue of $230K and total assets of $502K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fabulous Kids Early Learning Child Care Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fabulous Kids Early Learning Child Care Center is a small nonprofit that has been operating for 8 years, with 2 years of IRS 990 filings on record (2019–2020). Revenue has grown at a compound annual rate of 0.0%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $230K |
| Total Expenses | $177K |
| Surplus / Deficit | +$54K |
| Total Assets | $502K |
| Total Liabilities | $391K |
| Net Assets | $111K |
| Operating Margin | 23.3% |
| Debt-to-Asset Ratio | 77.9% |
| Months of Reserves | 34.1 months |
Financial Health Grade: A
In 2020, Fabulous Kids Early Learning Child Care Center reported a surplus of $54K with revenue exceeding expenses, holds 34.1 months of operating reserves (strong position), has a debt-to-asset ratio of 77.9% (high leverage).
Financial Trends
Over 2 years of filings (2019–2020), Fabulous Kids Early Learning Child Care Center's revenue has grown at a compound annual growth rate (CAGR) of 0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +0.0% | +0.0% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fabulous Kids Early Learning Child Care Center 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 Fabulous Kids Early Learning Child Care Center 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $54K, with revenue exceeding expenses.
- Debt-to-asset ratio: 77.9%.
Frequently Asked Questions about Fabulous Kids Early Learning Child Care Center
Is Fabulous Kids Early Learning Child Care Center a legitimate charity?
Fabulous Kids Early Learning Child Care Center (EIN: 823774485) is a registered tax-exempt nonprofit based in Washington DC. It has 2 years of IRS 990 filings on record. Total revenue: $230K. No red flags identified. Financial health grade: A.
How does Fabulous Kids Early Learning Child Care Center spend its money?
Fabulous Kids Early Learning Child Care Center reported $230K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Fabulous Kids Early Learning Child Care Center tax-deductible?
Fabulous Kids Early Learning Child Care Center is registered as a tax-exempt nonprofit (EIN: 823774485). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fabulous Kids Early Learning Child Care Center located?
Fabulous Kids Early Learning Child Care Center is headquartered in Washington, Washington DC and files with the IRS under EIN 823774485. It is classified under NTEE code P33.
How many years of IRS 990 filings does Fabulous Kids Early Learning Child Care Center have?
Fabulous Kids Early Learning Child Care Center has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $230K in total revenue.
Filing History
IRS 990 filing history for Fabulous Kids Early Learning Child Care Center showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2019–2020), Fabulous Kids Early Learning Child Care Center's revenue has grown by 0%, moving from $230K to $230K. Total assets increased by 0% over the same period, from $502K to $502K. Total functional expenses rose by 0%, from $177K to $177K. In its most recent filing year (2020), Fabulous Kids Early Learning Child Care Center reported a surplus of $54K, with revenue exceeding expenses. The organization holds $391K in liabilities against $502K in assets (debt-to-asset ratio: 77.9%), resulting in net assets of $111K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $230K | $177K | $502K | $391K | — | — |
| 2019 | $230K | $177K | $502K | $391K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fabulous Kids Early Learning Child Care Center:
Data Sources and Methodology
This transparency report for Fabulous Kids Early Learning Child Care 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.