First Congregational Preschool Inc
EIN: 263484093 · Meriden, CT · NTEE: P33
| Metric | Value |
|---|---|
| Total Revenue | $503K |
| Total Expenses | $501K |
| Net Assets | $203K |
Is First Congregational Preschool Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About First Congregational Preschool Inc
First Congregational Preschool Inc (EIN: 263484093) is a nonprofit organization based in Meriden, CT, classified under NTEE code P33. The organization reported total revenue of $503K and total assets of $193K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of First Congregational Preschool Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
First Congregational Preschool Inc is a small nonprofit that has been operating for 14 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $498K |
| Total Expenses | $501K |
| Surplus / Deficit | $-3,398 |
| Total Assets | $206K |
| Total Liabilities | $3K |
| Net Assets | $203K |
| Operating Margin | -0.7% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 4.9 months |
Financial Health Grade: B
In 2024, First Congregational Preschool Inc reported a deficit of $3K with expenses exceeding revenue, holds 4.9 months of operating reserves (adequate), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), First Congregational Preschool Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -1.4% | -2.8% | -0.1% |
| 2023 | +13.3% | +15.0% | -6.5% |
| 2022 | +10.3% | +16.6% | -0.3% |
| 2021 | +1.5% | -2.6% | +9.2% |
| 2020 | -9.7% | -3.9% | -1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for First Congregational Preschool 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 First Congregational Preschool 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.6%.
Frequently Asked Questions about First Congregational Preschool Inc
Is First Congregational Preschool Inc a legitimate charity?
First Congregational Preschool Inc (EIN: 263484093) is a registered tax-exempt nonprofit based in Connecticut. It has 14 years of IRS 990 filings on record. Total revenue: $503K. No red flags identified. Financial health grade: B.
How does First Congregational Preschool Inc spend its money?
First Congregational Preschool Inc reported $503K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to First Congregational Preschool Inc tax-deductible?
First Congregational Preschool Inc is registered as a tax-exempt nonprofit (EIN: 263484093). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is First Congregational Preschool Inc located?
First Congregational Preschool Inc is headquartered in Meriden, Connecticut and files with the IRS under EIN 263484093. It is classified under NTEE code P33.
How many years of IRS 990 filings does First Congregational Preschool Inc have?
First Congregational Preschool Inc has 14 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 $503K in total revenue.
Filing History
IRS 990 filing history for First Congregational Preschool Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), First Congregational Preschool Inc's revenue has grown by 86.9%, moving from $266K to $498K. Total assets increased by 181.9% over the same period, from $73K to $206K. Total functional expenses rose by 74.5%, from $287K to $501K. In its most recent filing year (2024), First Congregational Preschool Inc reported a deficit of $3K, with expenses exceeding revenue. The organization holds $3K in liabilities against $206K in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $203K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $498K | $501K | $206K | $3K | — | — |
| 2023 | $505K | $516K | $206K | $0 | — | View 990 |
| 2022 | $446K | $449K | $221K | $3K | — | View 990 |
| 2021 | $404K | $385K | $221K | $1K | — | View 990 |
| 2020 | $398K | $395K | $203K | $2K | — | View 990 |
| 2019 | $441K | $411K | $206K | $9K | — | View 990 |
| 2018 | $371K | $366K | $172K | $4K | — | View 990 |
| 2017 | $371K | $360K | $164K | $970 | — | View 990 |
| 2016 | $356K | $329K | $153K | $1K | — | View 990 |
| 2015 | $303K | $311K | $125K | $140 | — | View 990 |
| 2014 | $321K | $306K | $135K | $850 | — | View 990 |
| 2013 | $330K | $305K | $124K | $3K | — | View 990 |
| 2012 | $262K | $243K | $97K | $5K | — | View 990 |
| 2011 | $266K | $287K | $73K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $498K, expenses of $501K, and assets of $206K (revenue -1.4% year-over-year).
- 2023: Revenue of $505K, expenses of $516K, and assets of $206K (revenue +13.3% year-over-year).
- 2022: Revenue of $446K, expenses of $449K, and assets of $221K (revenue +10.3% year-over-year).
- 2021: Revenue of $404K, expenses of $385K, and assets of $221K (revenue +1.5% year-over-year).
- 2020: Revenue of $398K, expenses of $395K, and assets of $203K (revenue -9.7% year-over-year).
- 2019: Revenue of $441K, expenses of $411K, and assets of $206K (revenue +19.0% year-over-year).
- 2018: Revenue of $371K, expenses of $366K, and assets of $172K (revenue +0.0% year-over-year).
- 2017: Revenue of $371K, expenses of $360K, and assets of $164K (revenue +4.1% year-over-year).
- 2016: Revenue of $356K, expenses of $329K, and assets of $153K (revenue +17.6% year-over-year).
- 2015: Revenue of $303K, expenses of $311K, and assets of $125K (revenue -5.6% year-over-year).
- 2014: Revenue of $321K, expenses of $306K, and assets of $135K (revenue -2.9% year-over-year).
- 2013: Revenue of $330K, expenses of $305K, and assets of $124K (revenue +25.8% year-over-year).
- 2012: Revenue of $262K, expenses of $243K, and assets of $97K (revenue -1.4% year-over-year).
- 2011: Revenue of $266K, expenses of $287K, and assets of $73K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for First Congregational Preschool Inc:
Data Sources and Methodology
This transparency report for First Congregational Preschool 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.