Frederick County Corporation For Quality Child Care
EIN: 521397818 · Jefferson, MD
| Metric | Value |
|---|---|
| Total Revenue | $412K |
| Total Expenses | $466K |
| Net Assets | $47K |
Is Frederick County Corporation For Quality 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 Frederick County Corporation For Quality Child Care
Frederick County Corporation For Quality Child Care (EIN: 521397818) is a nonprofit organization based in Jefferson, MD. The organization reported total revenue of $412K and total assets of $17K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Frederick County Corporation For Quality Child Care's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Frederick County Corporation For Quality Child Care is a small nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $293K |
| Total Expenses | $466K |
| Surplus / Deficit | $-173,161 |
| Total Assets | $52K |
| Total Liabilities | $5K |
| Net Assets | $47K |
| Operating Margin | -59.1% |
| Debt-to-Asset Ratio | 10.2% |
| Months of Reserves | 1.4 months |
Financial Health Grade: C
In 2023, Frederick County Corporation For Quality Child Care reported a deficit of $173K with expenses exceeding revenue, holds 1.4 months of operating reserves (limited), has a debt-to-asset ratio of 10.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Frederick County Corporation For Quality Child Care's revenue has declined at a compound annual growth rate (CAGR) of -6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -52.4% | +1.2% | -75.8% |
| 2022 | +104.7% | +22.5% | +195.7% |
| 2021 | +7.1% | +17.3% | +6.1% |
| 2020 | -38.7% | -18.4% | +59.9% |
| 2019 | +20.5% | -2.8% | +258.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Frederick County Corporation For Quality 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 Frederick County Corporation For Quality 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $173K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.2%.
Frequently Asked Questions about Frederick County Corporation For Quality Child Care
Is Frederick County Corporation For Quality Child Care a legitimate charity?
Based on AI analysis of IRS 990 filings, Frederick County Corporation For Quality Child Care (EIN: 521397818) insufficient data. 0 red flags identified, 0 strengths noted.
How does Frederick County Corporation For Quality Child Care spend its money?
Detailed spending breakdown data is not yet available for Frederick County Corporation For Quality Child Care. Check back for updated IRS 990 analysis.
Are donations to Frederick County Corporation For Quality Child Care tax-deductible?
Frederick County Corporation For Quality Child Care is registered as a tax-exempt nonprofit (EIN: 521397818). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Frederick County Corporation For Quality Child Care located?
Frederick County Corporation For Quality Child Care is headquartered in Jefferson, Maryland and files with the IRS under EIN 521397818.
How many years of IRS 990 filings does Frederick County Corporation For Quality Child Care have?
Frederick County Corporation For Quality Child Care 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 $412K in total revenue.
Filing History
IRS 990 filing history for Frederick County Corporation For Quality Child Care showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Frederick County Corporation For Quality Child Care's revenue has declined by 53.1%, moving from $625K to $293K. Total assets increased by 526.4% over the same period, from $8K to $52K. Total functional expenses fell by 25.1%, from $622K to $466K. In its most recent filing year (2023), Frederick County Corporation For Quality Child Care reported a deficit of $173K, with expenses exceeding revenue. The organization holds $5K in liabilities against $52K in assets (debt-to-asset ratio: 10.2%), resulting in net assets of $47K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $293K | $466K | $52K | $5K | — | View 990 |
| 2022 | $615K | $460K | $216K | $103K | — | View 990 |
| 2021 | $301K | $376K | $73K | $114K | — | — |
| 2020 | $281K | $320K | $69K | $68K | — | View 990 |
| 2019 | $458K | $392K | $43K | $2K | — | View 990 |
| 2018 | $380K | $404K | $12K | $33K | — | View 990 |
| 2017 | $406K | $432K | $7K | $4K | — | View 990 |
| 2016 | $494K | $440K | $28K | $754 | — | View 990 |
| 2015 | $486K | $479K | $9K | $37K | — | View 990 |
| 2014 | $537K | $551K | $11K | $46K | — | View 990 |
| 2013 | $569K | $589K | $7K | $28K | — | View 990 |
| 2012 | $594K | $593K | $8K | $9K | — | View 990 |
| 2011 | $625K | $622K | $8K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $293K, expenses of $466K, and assets of $52K (revenue -52.4% year-over-year).
- 2022: Revenue of $615K, expenses of $460K, and assets of $216K (revenue +104.7% year-over-year).
- 2021: Revenue of $301K, expenses of $376K, and assets of $73K (revenue +7.1% year-over-year).
- 2020: Revenue of $281K, expenses of $320K, and assets of $69K (revenue -38.7% year-over-year).
- 2019: Revenue of $458K, expenses of $392K, and assets of $43K (revenue +20.5% year-over-year).
- 2018: Revenue of $380K, expenses of $404K, and assets of $12K (revenue -6.4% year-over-year).
- 2017: Revenue of $406K, expenses of $432K, and assets of $7K (revenue -17.9% year-over-year).
- 2016: Revenue of $494K, expenses of $440K, and assets of $28K (revenue +1.7% year-over-year).
- 2015: Revenue of $486K, expenses of $479K, and assets of $9K (revenue -9.4% year-over-year).
- 2014: Revenue of $537K, expenses of $551K, and assets of $11K (revenue -5.7% year-over-year).
- 2013: Revenue of $569K, expenses of $589K, and assets of $7K (revenue -4.2% year-over-year).
- 2012: Revenue of $594K, expenses of $593K, and assets of $8K (revenue -4.9% year-over-year).
- 2011: Revenue of $625K, expenses of $622K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Frederick County Corporation For Quality Child Care:
Data Sources and Methodology
This transparency report for Frederick County Corporation For Quality 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.