First Light Child Care
EIN: 453126289 · Sheridan, WY · NTEE: P33
| Metric | Value |
|---|---|
| Total Revenue | $359K |
| Total Expenses | $362K |
| Net Assets | $177K |
Is First Light Child Care Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About First Light Child Care
First Light Child Care (EIN: 453126289) is a nonprofit organization based in Sheridan, WY, classified under NTEE code P33. The organization reported total revenue of $359K and total assets of $179K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of First Light Child Care's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
First Light Child Care is a small nonprofit that has been operating for 15 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 30.3%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $359K |
| Total Expenses | $362K |
| Surplus / Deficit | $-3,106 |
| Total Assets | $179K |
| Total Liabilities | $2K |
| Net Assets | $177K |
| Operating Margin | -0.9% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 5.9 months |
Financial Health Grade: B
In 2021, First Light Child Care reported a deficit of $3K with expenses exceeding revenue, holds 5.9 months of operating reserves (adequate), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2021), First Light Child Care's revenue has grown at a compound annual growth rate (CAGR) of 30.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -26.9% | -28.2% | +86.4% |
| 2020 | -22.5% | -27.0% | +276.5% |
| 2019 | -21.5% | -10.8% | -69.8% |
| 2018 | +4.6% | -0.5% | +51.0% |
| 2017 | +2.4% | +7.3% | -9.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for First Light Child Care 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 Light Child Care 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.1%.
Frequently Asked Questions about First Light Child Care
Is First Light Child Care a legitimate charity?
Based on AI analysis of IRS 990 filings, First Light Child Care (EIN: 453126289) insufficient data. 0 red flags identified, 0 strengths noted.
How does First Light Child Care spend its money?
Detailed spending breakdown data is not yet available for First Light Child Care. Check back for updated IRS 990 analysis.
Are donations to First Light Child Care tax-deductible?
First Light Child Care is registered as a tax-exempt nonprofit (EIN: 453126289). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is First Light Child Care located?
First Light Child Care is headquartered in Sheridan, Wyoming and files with the IRS under EIN 453126289. It is classified under NTEE code P33.
How many years of IRS 990 filings does First Light Child Care have?
First Light Child Care has 11 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 $359K in total revenue.
Filing History
IRS 990 filing history for First Light Child Care showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), First Light Child Care's revenue has grown by 1308.4%, moving from $26K to $359K. Total assets increased by 877% over the same period, from $18K to $179K. Total functional expenses rose by 4140.5%, from $9K to $362K. In its most recent filing year (2021), First Light Child Care reported a deficit of $3K, with expenses exceeding revenue. The organization holds $2K in liabilities against $179K in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $177K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $359K | $362K | $179K | $2K | — | View 990 |
| 2020 | $492K | $505K | $96K | $89K | — | View 990 |
| 2019 | $634K | $691K | $25K | $6K | — | View 990 |
| 2018 | $808K | $775K | $84K | $8K | — | View 990 |
| 2017 | $772K | $780K | $56K | $12K | — | View 990 |
| 2016 | $754K | $726K | $62K | $10K | — | View 990 |
| 2015 | $739K | $733K | $42K | $18K | — | View 990 |
| 2014 | $623K | $634K | $23K | $4K | — | View 990 |
| 2013 | $559K | $559K | $39K | $10K | — | View 990 |
| 2012 | $437K | $425K | $36K | $8K | — | View 990 |
| 2011 | $26K | $9K | $18K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $359K, expenses of $362K, and assets of $179K (revenue -26.9% year-over-year).
- 2020: Revenue of $492K, expenses of $505K, and assets of $96K (revenue -22.5% year-over-year).
- 2019: Revenue of $634K, expenses of $691K, and assets of $25K (revenue -21.5% year-over-year).
- 2018: Revenue of $808K, expenses of $775K, and assets of $84K (revenue +4.6% year-over-year).
- 2017: Revenue of $772K, expenses of $780K, and assets of $56K (revenue +2.4% year-over-year).
- 2016: Revenue of $754K, expenses of $726K, and assets of $62K (revenue +2.1% year-over-year).
- 2015: Revenue of $739K, expenses of $733K, and assets of $42K (revenue +18.5% year-over-year).
- 2014: Revenue of $623K, expenses of $634K, and assets of $23K (revenue +11.5% year-over-year).
- 2013: Revenue of $559K, expenses of $559K, and assets of $39K (revenue +27.9% year-over-year).
- 2012: Revenue of $437K, expenses of $425K, and assets of $36K (revenue +1613.5% year-over-year).
- 2011: Revenue of $26K, expenses of $9K, and assets of $18K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for First Light Child Care:
Data Sources and Methodology
This transparency report for First Light Child Care 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.