Fort Mill Preparatory Cooperative Preschool
EIN: 261708742 · Fort Mill, SC · NTEE: A01
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.1M |
| Net Assets | $990K |
Is Fort Mill Preparatory Cooperative Preschool Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fort Mill Preparatory Cooperative Preschool
Fort Mill Preparatory Cooperative Preschool (EIN: 261708742) is a nonprofit organization based in Fort Mill, SC, classified under NTEE code A01. The organization reported total revenue of $1.3M and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fort Mill Preparatory Cooperative Preschool's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fort Mill Preparatory Cooperative Preschool is a mid-size nonprofit that has been operating for 14 years, with 11 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 12.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$192K |
| Total Assets | $990K |
| Net Assets | $990K |
| Operating Margin | 15.2% |
| Months of Reserves | 11.1 months |
Financial Health Grade: A
In 2023, Fort Mill Preparatory Cooperative Preschool reported a surplus of $192K with revenue exceeding expenses, holds 11.1 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2012–2023), Fort Mill Preparatory Cooperative Preschool's revenue has grown at a compound annual growth rate (CAGR) of 12.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.1% | -5.8% | +24.0% |
| 2022 | +57.9% | +20.6% | +94.0% |
| 2021 | +12.3% | +12.0% | +75.6% |
| 2019 | +20.1% | +17.7% | +8.2% |
| 2018 | -4.2% | -5.0% | +0.2% |
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 Fort Mill Preparatory Cooperative Preschool 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 Fort Mill Preparatory Cooperative Preschool 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $192K, with revenue exceeding expenses.
Frequently Asked Questions about Fort Mill Preparatory Cooperative Preschool
Is Fort Mill Preparatory Cooperative Preschool a legitimate charity?
Based on AI analysis of IRS 990 filings, Fort Mill Preparatory Cooperative Preschool (EIN: 261708742) insufficient data. 0 red flags identified, 0 strengths noted.
How does Fort Mill Preparatory Cooperative Preschool spend its money?
Detailed spending breakdown data is not yet available for Fort Mill Preparatory Cooperative Preschool. Check back for updated IRS 990 analysis.
Are donations to Fort Mill Preparatory Cooperative Preschool tax-deductible?
Fort Mill Preparatory Cooperative Preschool is registered as a tax-exempt nonprofit (EIN: 261708742). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fort Mill Preparatory Cooperative Preschool located?
Fort Mill Preparatory Cooperative Preschool is headquartered in Fort Mill, South Carolina and files with the IRS under EIN 261708742. It is classified under NTEE code A01.
How many years of IRS 990 filings does Fort Mill Preparatory Cooperative Preschool have?
Fort Mill Preparatory Cooperative Preschool 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 $1.3M in total revenue.
Filing History
IRS 990 filing history for Fort Mill Preparatory Cooperative Preschool showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), Fort Mill Preparatory Cooperative Preschool's revenue has grown by 271.3%, moving from $340K to $1.3M. Total assets increased by 5847.3% over the same period, from $17K to $990K. Total functional expenses rose by 215.7%, from $339K to $1.1M. In its most recent filing year (2023), Fort Mill Preparatory Cooperative Preschool reported a surplus of $192K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.1M | $990K | $0 | — | View 990 |
| 2022 | $1.5M | $1.1M | $798K | $0 | — | View 990 |
| 2021 | $965K | $943K | $411K | $0 | — | View 990 |
| 2019 | $860K | $842K | $234K | $0 | — | View 990 |
| 2018 | $716K | $715K | $216K | $0 | — | View 990 |
| 2017 | $747K | $753K | $216K | $0 | — | View 990 |
| 2016 | $607K | $616K | $222K | $0 | — | View 990 |
| 2015 | $688K | $620K | $231K | $0 | — | View 990 |
| 2014 | $658K | $608K | $163K | $0 | — | View 990 |
| 2013 | $583K | $574K | $62K | $0 | — | View 990 |
| 2012 | $340K | $339K | $17K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.1M, and assets of $990K (revenue -17.1% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.1M, and assets of $798K (revenue +57.9% year-over-year).
- 2021: Revenue of $965K, expenses of $943K, and assets of $411K (revenue +12.3% year-over-year).
- 2019: Revenue of $860K, expenses of $842K, and assets of $234K (revenue +20.1% year-over-year).
- 2018: Revenue of $716K, expenses of $715K, and assets of $216K (revenue -4.2% year-over-year).
- 2017: Revenue of $747K, expenses of $753K, and assets of $216K (revenue +23.1% year-over-year).
- 2016: Revenue of $607K, expenses of $616K, and assets of $222K (revenue -11.8% year-over-year).
- 2015: Revenue of $688K, expenses of $620K, and assets of $231K (revenue +4.5% year-over-year).
- 2014: Revenue of $658K, expenses of $608K, and assets of $163K (revenue +12.8% year-over-year).
- 2013: Revenue of $583K, expenses of $574K, and assets of $62K (revenue +71.5% year-over-year).
- 2012: Revenue of $340K, expenses of $339K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fort Mill Preparatory Cooperative Preschool:
Data Sources and Methodology
This transparency report for Fort Mill Preparatory Cooperative Preschool 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.