Family Collective Daycare Center Inc
Family Collective Daycare Center Inc - Transparent Operations and Balanced Spending
EIN: 223119052 · Jersey City, NJ · NTEE: P33Z · Updated: 2026-05-12
| Metric | Value |
|---|---|
| Total Revenue | $421K |
| Total Expenses | $433K |
| Program Spending | 65% |
| Transparency Score | 87/100 |
Is Family Collective Daycare Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Family Collective Daycare Center Inc directs 65% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Family Collective Daycare Center Inc
Family Collective Daycare Center Inc (EIN: 223119052) is a nonprofit organization based in Jersey City, NJ, classified under NTEE code P33Z. The organization reported total revenue of $421K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Collective Daycare Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Family Collective Daycare Center Inc is a small nonprofit that has been operating for 34 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -1.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $421K |
| Total Expenses | $433K |
| Surplus / Deficit | $-11,668 |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | -2.8% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2022, Family Collective Daycare Center Inc reported a deficit of $12K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2011–2022), Family Collective Daycare Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -36.8% | -33.7% | -100.0% |
| 2021 | +42.8% | +41.2% | +37.1% |
| 2020 | +0.7% | +2.2% | +13.2% |
| 2019 | -0.1% | -2.4% | +53.6% |
| 2018 | -0.6% | -0.6% | +821.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Family Collective Daycare Center Inc with a Mission Score of 87 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: 15%
- programs: 65%
- fundraising: 20%
According to IRS 990 filings, Family Collective Daycare Center Inc allocates its expenses as follows: admin: 15%, programs: 65%, fundraising: 20%. Approximately 65% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $12K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation remains at zero, reflecting the nonprofit's commitment to community service over personal gain.
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 Family Collective Daycare Center Inc's IRS 990 filings:
- No significant changes in spending patterns over the years, suggesting stable operations.
Strengths
The following positive indicators were identified for Family Collective Daycare Center Inc:
- Consistent investment in programs, demonstrating a commitment to quality childcare.
Frequently Asked Questions about Family Collective Daycare Center Inc
Is Family Collective Daycare Center Inc a legitimate charity?
Family Collective Daycare Center Inc (EIN: 223119052) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 87/100. It has 12 years of IRS 990 filings on record. Total revenue: $421K. 1 red flag identified. 1 strength noted. Financial health grade: C.
How does Family Collective Daycare Center Inc spend its money?
Family Collective Daycare Center Inc directs 65% of its spending to programs and services. Fundraising costs 20%. This meets the 65% industry benchmark.
Are donations to Family Collective Daycare Center Inc tax-deductible?
Family Collective Daycare Center Inc is registered as a tax-exempt nonprofit (EIN: 223119052). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Family Collective Daycare Center Inc's spending goes to programs?
Family Collective Daycare Center Inc directs 65% to programs, 20% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Family Collective Daycare Center Inc compare to similar nonprofits?
With a transparency score of 87/100 (Excellent), Family Collective Daycare Center Inc is above average for NTEE category P33Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Family Collective Daycare Center Inc located?
Family Collective Daycare Center Inc is headquartered in Jersey City, New Jersey and files with the IRS under EIN 223119052. It is classified under NTEE code P33Z.
How many years of IRS 990 filings does Family Collective Daycare Center Inc have?
Family Collective Daycare Center Inc has 12 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 $421K in total revenue.
What does Family Collective Daycare Center Inc do?
Family Collective Daycare Center Inc is a nonprofit organization in the Human Services sector, located in Jersey City, New Jersey. It is classified under NTEE code P33Z.
How much revenue does Family Collective Daycare Center Inc have?
Family Collective Daycare Center Inc reported total revenue of $421,458. Based on 12 IRS 990 filings on record.
What are Family Collective Daycare Center Inc's total assets?
Family Collective Daycare Center Inc holds total assets of N/A as reported in IRS 990 filings.
Where is Family Collective Daycare Center Inc located?
Family Collective Daycare Center Inc is based in Jersey City, New Jersey.
What is Family Collective Daycare Center Inc's EIN?
Family Collective Daycare Center Inc's Employer Identification Number (EIN) is 223119052. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Family Collective Daycare Center Inc?
Family Collective Daycare Center Inc is classified under NTEE code P33Z (Human Services).
Is Family Collective Daycare Center Inc a registered 501(c)(3)?
Yes, Family Collective Daycare Center Inc is recognized as a tax-exempt organization by the IRS. EIN: 223119052.
Does Family Collective Daycare Center Inc file IRS Form 990?
Yes, Family Collective Daycare Center Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202212.
What was Family Collective Daycare Center Inc's revenue in 2022?
In the 202212 filing period, Family Collective Daycare Center Inc reported total revenue of $421,458, total expenses of $433,126, and net assets of N/A.
Is Family Collective Daycare Center Inc's revenue growing or declining?
Family Collective Daycare Center Inc's revenue is declining. Revenue went from $666,796 (202112) to $421,458 (202212), a -36.8% change. Based on 12 filings on record.
What is Family Collective Daycare Center Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Family Collective Daycare Center Inc covers tax period 202212. It shows revenue of $421,458, expenses of $433,126, total assets of N/A, and liabilities of N/A.
How much does Family Collective Daycare Center Inc spend on programs vs administration?
Based on IRS 990 analysis, Family Collective Daycare Center Inc allocates approximately 65% of expenses to program services, 15% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is Family Collective Daycare Center Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Family Collective Daycare Center Inc appears trustworthy. Mission Score: 87/100 (Excellent). 1 red flag identified. 1 strength noted.
What are the red flags for Family Collective Daycare Center Inc?
The following concerns were identified: No significant changes in spending patterns over the years, suggesting stable operations.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Family Collective Daycare Center Inc's strengths?
Positive indicators for Family Collective Daycare Center Inc include: Consistent investment in programs, demonstrating a commitment to quality childcare.. These findings are derived from AI analysis of the organization's financial filings.
How does Family Collective Daycare Center Inc compensate executives?
Executive compensation remains at zero, reflecting the nonprofit's commitment to community service over personal gain. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Family Collective Daycare Center Inc?
1. Detailed program expenses are clearly listed, showing consistent investment in childcare services. 2. Administrative costs are kept low, indicating efficient operations. 3. Fundraising efforts are modest, focusing on sustainable growth. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
What specific programs does Family Collective Daycare Center Inc invest in?
The organization invests in various programs aimed at providing high-quality childcare services, including educational activities, health and safety measures, and parent engagement initiatives.
How does the organization ensure efficient operations with low administrative costs?
Family Collective Daycare Center Inc achieves efficiency by streamlining administrative processes, utilizing technology for record-keeping, and maintaining a lean management structure.
What is the organization's approach to fundraising?
The organization focuses on sustainable growth through community partnerships and grants, rather than relying heavily on fundraising events or campaigns.
Filing History
IRS 990 filing history for Family Collective Daycare Center Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Family Collective Daycare Center Inc's revenue has declined by 18.9%, moving from $519K to $421K. Total assets decreased by 100% over the same period, from $31K to $0. Total functional expenses fell by 11.3%, from $488K to $433K. In its most recent filing year (2022), Family Collective Daycare Center Inc reported a deficit of $12K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $421K | $433K | $0 | $0 | — | View 990 |
| 2021 | $667K | $654K | $48K | $0 | — | — |
| 2020 | $467K | $463K | $35K | $0 | — | View 990 |
| 2019 | $464K | $453K | $31K | $0 | — | View 990 |
| 2018 | $464K | $464K | $20K | $0 | — | View 990 |
| 2017 | $467K | $467K | $2K | $0 | — | View 990 |
| 2016 | $485K | $485K | $63K | $0 | — | View 990 |
| 2015 | $534K | $472K | $63K | $0 | — | View 990 |
| 2014 | $487K | $487K | $0 | $0 | — | View 990 |
| 2013 | $522K | $522K | $0 | $0 | — | View 990 |
| 2012 | $509K | $469K | $20K | $0 | — | View 990 |
| 2011 | $519K | $488K | $31K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $421K, expenses of $433K, and assets of $0 (revenue -36.8% year-over-year).
- 2021: Revenue of $667K, expenses of $654K, and assets of $48K (revenue +42.8% year-over-year).
- 2020: Revenue of $467K, expenses of $463K, and assets of $35K (revenue +0.7% year-over-year).
- 2019: Revenue of $464K, expenses of $453K, and assets of $31K (revenue -0.1% year-over-year).
- 2018: Revenue of $464K, expenses of $464K, and assets of $20K (revenue -0.6% year-over-year).
- 2017: Revenue of $467K, expenses of $467K, and assets of $2K (revenue -3.8% year-over-year).
- 2016: Revenue of $485K, expenses of $485K, and assets of $63K (revenue -9.1% year-over-year).
- 2015: Revenue of $534K, expenses of $472K, and assets of $63K (revenue +9.8% year-over-year).
- 2014: Revenue of $487K, expenses of $487K, and assets of $0 (revenue -6.7% year-over-year).
- 2013: Revenue of $522K, expenses of $522K, and assets of $0 (revenue +2.5% year-over-year).
- 2012: Revenue of $509K, expenses of $469K, and assets of $20K (revenue -2.0% year-over-year).
- 2011: Revenue of $519K, expenses of $488K, and assets of $31K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Family Collective Daycare Center Inc:
Data Sources and Methodology
This transparency report for Family Collective Daycare 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.