Gate City Day Nursery Association
EIN: 580593408 · Atlanta, GA · NTEE: P330
| Metric | Value |
|---|---|
| Total Revenue | $640K |
| Total Expenses | $732K |
| Net Assets | $679K |
Is Gate City Day Nursery Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gate City Day Nursery Association
Gate City Day Nursery Association (EIN: 580593408) is a nonprofit organization based in Atlanta, GA, classified under NTEE code P330. The organization reported total revenue of $640K and total assets of $633K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gate City Day Nursery Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gate City Day Nursery Association is a small nonprofit that has been operating for 84 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -5.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $658K |
| Total Expenses | $732K |
| Surplus / Deficit | $-74,071 |
| Total Assets | $731K |
| Total Liabilities | $52K |
| Net Assets | $679K |
| Operating Margin | -11.3% |
| Debt-to-Asset Ratio | 7.1% |
| Months of Reserves | 12.0 months |
Financial Health Grade: B
In 2024, Gate City Day Nursery Association reported a deficit of $74K with expenses exceeding revenue, holds 12.0 months of operating reserves (strong position), has a debt-to-asset ratio of 7.1% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Gate City Day Nursery Association's revenue has declined at a compound annual growth rate (CAGR) of -5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -29.2% | -0.3% | -12.2% |
| 2023 | +20.5% | +21.6% | +35.1% |
| 2022 | +18.8% | -10.9% | +46.1% |
| 2021 | -35.7% | -30.6% | -7.0% |
| 2020 | -16.6% | -19.1% | +6.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1942 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gate City Day Nursery Association 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 Gate City Day Nursery Association 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $74K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.1%.
Frequently Asked Questions about Gate City Day Nursery Association
Is Gate City Day Nursery Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Gate City Day Nursery Association (EIN: 580593408) insufficient data. 0 red flags identified, 0 strengths noted.
How does Gate City Day Nursery Association spend its money?
Detailed spending breakdown data is not yet available for Gate City Day Nursery Association. Check back for updated IRS 990 analysis.
Are donations to Gate City Day Nursery Association tax-deductible?
Gate City Day Nursery Association is registered as a tax-exempt nonprofit (EIN: 580593408). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gate City Day Nursery Association located?
Gate City Day Nursery Association is headquartered in Atlanta, Georgia and files with the IRS under EIN 580593408. It is classified under NTEE code P330.
How many years of IRS 990 filings does Gate City Day Nursery Association have?
Gate City Day Nursery Association 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 $640K in total revenue.
Filing History
IRS 990 filing history for Gate City Day Nursery Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Gate City Day Nursery Association's revenue has declined by 49.1%, moving from $1.3M to $658K. Total assets increased by 145.7% over the same period, from $297K to $731K. Total functional expenses fell by 44.9%, from $1.3M to $732K. In its most recent filing year (2024), Gate City Day Nursery Association reported a deficit of $74K, with expenses exceeding revenue. The organization holds $52K in liabilities against $731K in assets (debt-to-asset ratio: 7.1%), resulting in net assets of $679K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $658K | $732K | $731K | $52K | — | — |
| 2023 | $929K | $735K | $833K | $80K | — | View 990 |
| 2022 | $771K | $604K | $616K | $58K | — | View 990 |
| 2021 | $649K | $678K | $422K | $31K | — | View 990 |
| 2020 | $1.0M | $977K | $454K | $34K | — | View 990 |
| 2019 | $1.2M | $1.2M | $426K | $39K | — | View 990 |
| 2018 | $1.3M | $1.3M | $405K | $22K | — | View 990 |
| 2017 | $1.3M | $1.2M | $436K | $29K | — | View 990 |
| 2016 | $1.2M | $1.3M | $360K | $14K | — | View 990 |
| 2015 | $1.2M | $1.3M | $475K | $26K | — | View 990 |
| 2014 | $1.4M | $1.3M | $510K | $19K | — | View 990 |
| 2013 | $1.4M | $1.3M | $469K | $21K | — | View 990 |
| 2012 | $1.3M | $1.3M | $297K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $658K, expenses of $732K, and assets of $731K (revenue -29.2% year-over-year).
- 2023: Revenue of $929K, expenses of $735K, and assets of $833K (revenue +20.5% year-over-year).
- 2022: Revenue of $771K, expenses of $604K, and assets of $616K (revenue +18.8% year-over-year).
- 2021: Revenue of $649K, expenses of $678K, and assets of $422K (revenue -35.7% year-over-year).
- 2020: Revenue of $1.0M, expenses of $977K, and assets of $454K (revenue -16.6% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.2M, and assets of $426K (revenue -6.5% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.3M, and assets of $405K (revenue +0.2% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.2M, and assets of $436K (revenue +11.3% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.3M, and assets of $360K (revenue -6.9% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.3M, and assets of $475K (revenue -9.2% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.3M, and assets of $510K (revenue -4.8% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.3M, and assets of $469K (revenue +11.7% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.3M, and assets of $297K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gate City Day Nursery Association:
Data Sources and Methodology
This transparency report for Gate City Day Nursery Association 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.