Forrest Valley Daycare Center Inc
Forrest Valley Daycare Center: Consistent Revenue, Fluctuating Expenses, and Modest Reserves
EIN: 222686243 · Trenton, NJ · NTEE: P33Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $962K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $381K |
| Transparency Score | 75/100 |
Is Forrest Valley 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 →
Forrest Valley Daycare Center Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Forrest Valley Daycare Center Inc
Forrest Valley Daycare Center Inc (EIN: 222686243) is a nonprofit organization based in Trenton, NJ, classified under NTEE code P33Z. The organization reported total revenue of $1.1M and total assets of $587K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Forrest Valley Daycare Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Forrest Valley Daycare Center Inc is a mid-size nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $932K |
| Total Expenses | $962K |
| Surplus / Deficit | $-29,206 |
| Total Assets | $582K |
| Total Liabilities | $201K |
| Net Assets | $381K |
| Operating Margin | -3.1% |
| Debt-to-Asset Ratio | 34.6% |
| Months of Reserves | 7.3 months |
Financial Health Grade: B
In 2023, Forrest Valley Daycare Center Inc reported a deficit of $29K with expenses exceeding revenue, holds 7.3 months of operating reserves (strong position), has a debt-to-asset ratio of 34.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Forrest Valley Daycare Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.6% | +0.0% | -5.7% |
| 2022 | +54.1% | +20.0% | -9.3% |
| 2021 | -21.7% | -4.0% | -4.2% |
| 2020 | +3.6% | -0.9% | +46.7% |
| 2019 | +8.1% | -1.3% | +7.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 Forrest Valley Daycare Center Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Forrest Valley Daycare Center Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $29K, with expenses exceeding revenue.
- Debt-to-asset ratio: 34.6%.
Executive Compensation Analysis
The filings consistently report $0 in compensation for officers, directors, trustees, and key employees, suggesting either a fully volunteer-run leadership or that compensation is reported under other expense categories, warranting further investigation.
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 Forrest Valley Daycare Center Inc's IRS 990 filings:
- Consistent reporting of $0 compensation for all key personnel across multiple years (2016-2023) is highly unusual and may indicate a reporting anomaly or a unique operational model that requires clarification.
- The organization's liabilities have shown significant fluctuations, from $201,036 in 2023 to $394,789 in 2021, which could signal inconsistent financial management or specific project-related debt.
Strengths
The following positive indicators were identified for Forrest Valley Daycare Center Inc:
- Forrest Valley Daycare Center Inc. has demonstrated consistent revenue generation, with annual revenues generally above $800,000, indicating a stable funding base.
- The organization has maintained positive net assets in most years, suggesting a degree of financial stability and responsible asset management.
Frequently Asked Questions about Forrest Valley Daycare Center Inc
Is Forrest Valley Daycare Center Inc a legitimate charity?
Forrest Valley Daycare Center Inc (EIN: 222686243) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.1M. 2 red flags identified. 2 strengths noted. Financial health grade: B.
How does Forrest Valley Daycare Center Inc spend its money?
Forrest Valley Daycare Center Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Forrest Valley Daycare Center Inc tax-deductible?
Forrest Valley Daycare Center Inc is registered as a tax-exempt nonprofit (EIN: 222686243). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Forrest Valley Daycare Center Inc CEO make?
Forrest Valley Daycare Center Inc's highest-compensated officer earns $0 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Forrest Valley Daycare Center Inc's spending goes to programs?
Forrest Valley Daycare Center Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Forrest Valley Daycare Center Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Forrest Valley 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 Forrest Valley Daycare Center Inc located?
Forrest Valley Daycare Center Inc is headquartered in Trenton, New Jersey and files with the IRS under EIN 222686243. It is classified under NTEE code P33Z.
How many years of IRS 990 filings does Forrest Valley Daycare Center Inc have?
Forrest Valley Daycare Center Inc 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 $1.1M in total revenue.
What does Forrest Valley Daycare Center Inc do?
Forrest Valley Daycare Center Inc is a nonprofit organization in the Human Services sector, located in Trenton, New Jersey. It is classified under NTEE code P33Z.
How much revenue does Forrest Valley Daycare Center Inc have?
Forrest Valley Daycare Center Inc reported total revenue of $1,089,394. Based on 13 IRS 990 filings on record.
What are Forrest Valley Daycare Center Inc's total assets?
Forrest Valley Daycare Center Inc holds total assets of $587,116 as reported in IRS 990 filings.
Where is Forrest Valley Daycare Center Inc located?
Forrest Valley Daycare Center Inc is based in Trenton, New Jersey.
What is Forrest Valley Daycare Center Inc's EIN?
Forrest Valley Daycare Center Inc's Employer Identification Number (EIN) is 222686243. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Forrest Valley Daycare Center Inc?
Forrest Valley Daycare Center Inc is classified under NTEE code P33Z (Human Services).
Is Forrest Valley Daycare Center Inc a registered 501(c)(3)?
Yes, Forrest Valley Daycare Center Inc is recognized as a tax-exempt organization by the IRS. EIN: 222686243.
Does Forrest Valley Daycare Center Inc file IRS Form 990?
Yes, Forrest Valley Daycare Center Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Forrest Valley Daycare Center Inc's revenue in 2023?
In the 202312 filing period, Forrest Valley Daycare Center Inc reported total revenue of $932,300, total expenses of $961,506, and net assets of $581,647.
Is Forrest Valley Daycare Center Inc's revenue growing or declining?
Forrest Valley Daycare Center Inc's revenue is declining. Revenue went from $1,131,375 (202212) to $932,300 (202312), a -17.6% change. Based on 13 filings on record.
What is Forrest Valley Daycare Center Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Forrest Valley Daycare Center Inc covers tax period 202312. It shows revenue of $932,300, expenses of $961,506, total assets of $581,647, and liabilities of $201,036.
How much does Forrest Valley Daycare Center Inc spend on programs vs administration?
Based on IRS 990 analysis, Forrest Valley Daycare Center Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Forrest Valley Daycare Center Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Forrest Valley Daycare Center Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for Forrest Valley Daycare Center Inc?
The following concerns were identified: Consistent reporting of $0 compensation for all key personnel across multiple years (2016-2023) is highly unusual and may indicate a reporting anomaly or a unique operational model that requires clarification.. The organization's liabilities have shown significant fluctuations, from $201,036 in 2023 to $394,789 in 2021, which could signal inconsistent financial management or specific project-related debt.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Forrest Valley Daycare Center Inc's strengths?
Positive indicators for Forrest Valley Daycare Center Inc include: Forrest Valley Daycare Center Inc. has demonstrated consistent revenue generation, with annual revenues generally above $800,000, indicating a stable funding base.. The organization has maintained positive net assets in most years, suggesting a degree of financial stability and responsible asset management.. These findings are derived from AI analysis of the organization's financial filings.
How does Forrest Valley Daycare Center Inc compensate executives?
The filings consistently report $0 in compensation for officers, directors, trustees, and key employees, suggesting either a fully volunteer-run leadership or that compensation is reported under other expense categories, warranting further investigation. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 for executive compensation, how does the organization attract and retain qualified leadership and management for its operations?
The consistent $0 executive compensation reported across all years (2016-2023) suggests that leadership may be entirely volunteer-based, compensated through non-cash benefits not reported, or that compensation is embedded within other expense lines, which would require deeper scrutiny of their detailed financial statements to understand their operational model.
What factors contributed to the significant increase in liabilities from $201,036 in 2023 to $394,789 in 2021, and how were these managed?
The provided data does not specify the reasons for the fluctuation in liabilities. A detailed review of their full IRS Form 990 filings would be necessary to identify the nature of these liabilities (e.g., program-related debt, capital expenditures, or operational loans) and how they were addressed.
Filing History
IRS 990 filing history for Forrest Valley Daycare Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Forrest Valley Daycare Center Inc's revenue has grown by 1.3%, moving from $921K to $932K. Total assets increased by 12.5% over the same period, from $517K to $582K. Total functional expenses rose by 0.6%, from $956K to $962K. In its most recent filing year (2023), Forrest Valley Daycare Center Inc reported a deficit of $29K, with expenses exceeding revenue. The organization holds $201K in liabilities against $582K in assets (debt-to-asset ratio: 34.6%), resulting in net assets of $381K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $932K | $962K | $582K | $201K | — | — |
| 2022 | $1.1M | $961K | $617K | $207K | — | View 990 |
| 2021 | $734K | $801K | $680K | $395K | — | View 990 |
| 2020 | $938K | $835K | $710K | $347K | — | View 990 |
| 2019 | $906K | $842K | $484K | $224K | — | View 990 |
| 2018 | $838K | $853K | $450K | $275K | — | View 990 |
| 2017 | $842K | $813K | $468K | $277K | — | View 990 |
| 2016 | $810K | $843K | $448K | $285K | — | View 990 |
| 2015 | $835K | $869K | $461K | $265K | — | View 990 |
| 2014 | $863K | $885K | $490K | $261K | — | View 990 |
| 2013 | $835K | $866K | $514K | $263K | — | View 990 |
| 2012 | $817K | $859K | $509K | $226K | — | View 990 |
| 2011 | $921K | $956K | $517K | $193K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $932K, expenses of $962K, and assets of $582K (revenue -17.6% year-over-year).
- 2022: Revenue of $1.1M, expenses of $961K, and assets of $617K (revenue +54.1% year-over-year).
- 2021: Revenue of $734K, expenses of $801K, and assets of $680K (revenue -21.7% year-over-year).
- 2020: Revenue of $938K, expenses of $835K, and assets of $710K (revenue +3.6% year-over-year).
- 2019: Revenue of $906K, expenses of $842K, and assets of $484K (revenue +8.1% year-over-year).
- 2018: Revenue of $838K, expenses of $853K, and assets of $450K (revenue -0.5% year-over-year).
- 2017: Revenue of $842K, expenses of $813K, and assets of $468K (revenue +3.9% year-over-year).
- 2016: Revenue of $810K, expenses of $843K, and assets of $448K (revenue -3.0% year-over-year).
- 2015: Revenue of $835K, expenses of $869K, and assets of $461K (revenue -3.2% year-over-year).
- 2014: Revenue of $863K, expenses of $885K, and assets of $490K (revenue +3.4% year-over-year).
- 2013: Revenue of $835K, expenses of $866K, and assets of $514K (revenue +2.1% year-over-year).
- 2012: Revenue of $817K, expenses of $859K, and assets of $509K (revenue -11.2% year-over-year).
- 2011: Revenue of $921K, expenses of $956K, and assets of $517K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Forrest Valley Daycare Center Inc:
Data Sources and Methodology
This transparency report for Forrest Valley 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.