First United Methodist Churchpreschool
First United Methodist Churchpreschool shows consistent operations and no reported officer compensation over a decade.
EIN: 208508675 · Honolulu, HI · NTEE: B21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $575K |
| Total Expenses | $491K |
| Program Spending | 90% |
| Net Assets | $505K |
| Transparency Score | 92/100 |
Is First United Methodist Churchpreschool Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
First United Methodist Churchpreschool directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About First United Methodist Churchpreschool
First United Methodist Churchpreschool (EIN: 208508675) is a nonprofit organization based in Honolulu, HI, classified under NTEE code B21. The organization reported total revenue of $575K and total assets of $576K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of First United Methodist Churchpreschool's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
First United Methodist Churchpreschool is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $450K |
| Total Expenses | $491K |
| Surplus / Deficit | $-40,785 |
| Total Assets | $561K |
| Total Liabilities | $56K |
| Net Assets | $505K |
| Operating Margin | -9.1% |
| Debt-to-Asset Ratio | 9.9% |
| Months of Reserves | 13.7 months |
Financial Health Grade: B
In 2023, First United Methodist Churchpreschool reported a deficit of $41K with expenses exceeding revenue, holds 13.7 months of operating reserves (strong position), has a debt-to-asset ratio of 9.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), First United Methodist Churchpreschool's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.8% | +40.2% | -5.2% |
| 2022 | +40.7% | +7.2% | +33.5% |
| 2021 | +24.7% | +11.3% | -0.2% |
| 2020 | -21.4% | -2.7% | -3.5% |
| 2019 | +14.6% | -10.1% | +13.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2009 |
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 First United Methodist Churchpreschool with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, First United Methodist Churchpreschool allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $41K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.9%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation, which is highly unusual for an organization of this size and suggests a strong volunteer-driven leadership model or that compensation is covered by the church itself and not reported under the preschool's EIN.
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 First United Methodist Churchpreschool's IRS 990 filings:
- Slight deficit in the most recent fiscal period (202312) where expenses ($490,896) exceeded revenue ($450,111).
Strengths
The following positive indicators were identified for First United Methodist Churchpreschool:
- Consistent reporting of 0% officer compensation across all 13 filings, indicating strong program focus.
- Healthy asset-to-liability ratio, with assets ($561,015 in 202312) significantly exceeding liabilities ($55,565 in 202312).
- Long and consistent filing history (13 filings), demonstrating transparency and compliance.
- Overall stable financial operations with revenues generally covering expenses over the long term.
Frequently Asked Questions about First United Methodist Churchpreschool
Is First United Methodist Churchpreschool a legitimate charity?
Based on AI analysis of IRS 990 filings, First United Methodist Churchpreschool (EIN: 208508675) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does First United Methodist Churchpreschool spend its money?
First United Methodist Churchpreschool directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to First United Methodist Churchpreschool tax-deductible?
First United Methodist Churchpreschool is registered as a tax-exempt nonprofit (EIN: 208508675). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of First United Methodist Churchpreschool's spending goes to programs?
First United Methodist Churchpreschool directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does First United Methodist Churchpreschool compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), First United Methodist Churchpreschool is above average for NTEE category B21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is First United Methodist Churchpreschool located?
First United Methodist Churchpreschool is headquartered in Honolulu, Hawaii and files with the IRS under EIN 208508675. It is classified under NTEE code B21.
How many years of IRS 990 filings does First United Methodist Churchpreschool have?
First United Methodist Churchpreschool 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 $575K in total revenue.
Is First United Methodist Churchpreschool financially stable?
Yes, the organization appears financially stable. While the 202312 filing showed expenses ($490,896) exceeding revenue ($450,111), the overall trend over the past decade shows revenues generally covering expenses. Furthermore, the organization consistently holds a healthy asset base ($561,015 in 202312) significantly exceeding its liabilities ($55,565 in 202312).
How efficient is First United Methodist Churchpreschool with its spending?
The organization appears highly efficient. The consistent reporting of 0% officer compensation across all 13 filings strongly suggests that a very high proportion of funds are directed towards program services, minimizing administrative and fundraising costs.
Does First United Methodist Churchpreschool have high administrative costs?
Based on the 0% officer compensation reported, it is highly unlikely that First United Methodist Churchpreschool has high administrative costs. This indicates a strong focus on directing funds to its mission rather than overhead.
What is the trend in revenue for First United Methodist Churchpreschool?
Revenue for First United Methodist Churchpreschool has shown some fluctuation but generally an upward trend over the past decade, from $348,405 in 201412 to $450,111 in 202312, with a peak of $493,812 in 202212.
Filing History
IRS 990 filing history for First United Methodist Churchpreschool showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), First United Methodist Churchpreschool's revenue has grown by 14.2%, moving from $394K to $450K. Total assets increased by 128% over the same period, from $246K to $561K. Total functional expenses rose by 40%, from $351K to $491K. In its most recent filing year (2023), First United Methodist Churchpreschool reported a deficit of $41K, with expenses exceeding revenue. The organization holds $56K in liabilities against $561K in assets (debt-to-asset ratio: 9.9%), resulting in net assets of $505K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $450K | $491K | $561K | $56K | — | View 990 |
| 2022 | $494K | $350K | $592K | $45K | — | View 990 |
| 2021 | $351K | $326K | $443K | $41K | — | View 990 |
| 2020 | $281K | $293K | $444K | $66K | — | — |
| 2019 | $358K | $301K | $460K | $70K | — | View 990 |
| 2018 | $313K | $335K | $406K | $71K | — | View 990 |
| 2017 | $348K | $311K | $409K | $51K | — | View 990 |
| 2016 | $364K | $332K | $367K | $46K | — | View 990 |
| 2015 | $362K | $325K | $323K | $34K | — | View 990 |
| 2014 | $348K | $343K | $288K | $37K | — | View 990 |
| 2013 | $369K | $354K | $281K | $35K | — | View 990 |
| 2012 | $380K | $357K | $267K | $36K | — | View 990 |
| 2011 | $394K | $351K | $246K | $38K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $450K, expenses of $491K, and assets of $561K (revenue -8.8% year-over-year).
- 2022: Revenue of $494K, expenses of $350K, and assets of $592K (revenue +40.7% year-over-year).
- 2021: Revenue of $351K, expenses of $326K, and assets of $443K (revenue +24.7% year-over-year).
- 2020: Revenue of $281K, expenses of $293K, and assets of $444K (revenue -21.4% year-over-year).
- 2019: Revenue of $358K, expenses of $301K, and assets of $460K (revenue +14.6% year-over-year).
- 2018: Revenue of $313K, expenses of $335K, and assets of $406K (revenue -10.2% year-over-year).
- 2017: Revenue of $348K, expenses of $311K, and assets of $409K (revenue -4.4% year-over-year).
- 2016: Revenue of $364K, expenses of $332K, and assets of $367K (revenue +0.6% year-over-year).
- 2015: Revenue of $362K, expenses of $325K, and assets of $323K (revenue +3.9% year-over-year).
- 2014: Revenue of $348K, expenses of $343K, and assets of $288K (revenue -5.7% year-over-year).
- 2013: Revenue of $369K, expenses of $354K, and assets of $281K (revenue -2.7% year-over-year).
- 2012: Revenue of $380K, expenses of $357K, and assets of $267K (revenue -3.7% year-over-year).
- 2011: Revenue of $394K, expenses of $351K, and assets of $246K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for First United Methodist Churchpreschool:
Data Sources and Methodology
This transparency report for First United Methodist Churchpreschool 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.