Georgetown Child Development Center
EIN: 610722501 · Georgetown, KY · NTEE: P33Z
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1.3M |
| Net Assets | $1.1M |
Is Georgetown Child Development Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Georgetown Child Development Center
Georgetown Child Development Center (EIN: 610722501) is a nonprofit organization based in Georgetown, KY, classified under NTEE code P33Z. The organization reported total revenue of $1.4M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Georgetown Child Development Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Georgetown Child Development Center is a mid-size nonprofit that has been operating for 53 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$253K |
| Total Assets | $1.1M |
| Total Liabilities | $10K |
| Net Assets | $1.1M |
| Operating Margin | 16.5% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 10.3 months |
Financial Health Grade: A
In 2023, Georgetown Child Development Center reported a surplus of $253K with revenue exceeding expenses, holds 10.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Georgetown Child Development Center's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.9% | +4.7% | +30.7% |
| 2022 | +27.1% | +34.9% | +9.5% |
| 2021 | +21.9% | +12.1% | +9.5% |
| 2020 | -19.5% | -13.0% | +18.7% |
| 2019 | +5.7% | +4.5% | +0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1973 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Georgetown Child Development Center 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 Georgetown Child Development Center 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 $253K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.0%.
Frequently Asked Questions about Georgetown Child Development Center
Is Georgetown Child Development Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Georgetown Child Development Center (EIN: 610722501) insufficient data. 0 red flags identified, 0 strengths noted.
How does Georgetown Child Development Center spend its money?
Detailed spending breakdown data is not yet available for Georgetown Child Development Center. Check back for updated IRS 990 analysis.
Are donations to Georgetown Child Development Center tax-deductible?
Georgetown Child Development Center is registered as a tax-exempt nonprofit (EIN: 610722501). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Georgetown Child Development Center located?
Georgetown Child Development Center is headquartered in Georgetown, Kentucky and files with the IRS under EIN 610722501. It is classified under NTEE code P33Z.
How many years of IRS 990 filings does Georgetown Child Development Center have?
Georgetown Child Development Center has 12 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 $1.4M in total revenue.
Filing History
IRS 990 filing history for Georgetown Child Development Center showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Georgetown Child Development Center's revenue has grown by 75.3%, moving from $872K to $1.5M. Total assets increased by 99.2% over the same period, from $551K to $1.1M. Total functional expenses rose by 49.1%, from $856K to $1.3M. In its most recent filing year (2023), Georgetown Child Development Center reported a surplus of $253K, with revenue exceeding expenses. The organization holds $10K in liabilities against $1.1M in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.3M | $1.1M | $10K | — | View 990 |
| 2022 | $1.3M | $1.2M | $841K | $8K | — | View 990 |
| 2021 | $1.0M | $904K | $768K | $130K | — | — |
| 2020 | $830K | $806K | $701K | $172K | — | View 990 |
| 2019 | $1.0M | $927K | $591K | $86K | — | View 990 |
| 2018 | $975K | $887K | $590K | $189K | — | View 990 |
| 2017 | $954K | $919K | $533K | $221K | — | View 990 |
| 2016 | $910K | $838K | $560K | $283K | — | View 990 |
| 2015 | $937K | $845K | $572K | $367K | — | View 990 |
| 2014 | $875K | $876K | $516K | $402K | — | View 990 |
| 2013 | $818K | $850K | $545K | $430K | — | View 990 |
| 2012 | $872K | $856K | $551K | $405K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.3M, and assets of $1.1M (revenue +18.9% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.2M, and assets of $841K (revenue +27.1% year-over-year).
- 2021: Revenue of $1.0M, expenses of $904K, and assets of $768K (revenue +21.9% year-over-year).
- 2020: Revenue of $830K, expenses of $806K, and assets of $701K (revenue -19.5% year-over-year).
- 2019: Revenue of $1.0M, expenses of $927K, and assets of $591K (revenue +5.7% year-over-year).
- 2018: Revenue of $975K, expenses of $887K, and assets of $590K (revenue +2.2% year-over-year).
- 2017: Revenue of $954K, expenses of $919K, and assets of $533K (revenue +4.8% year-over-year).
- 2016: Revenue of $910K, expenses of $838K, and assets of $560K (revenue -2.8% year-over-year).
- 2015: Revenue of $937K, expenses of $845K, and assets of $572K (revenue +7.1% year-over-year).
- 2014: Revenue of $875K, expenses of $876K, and assets of $516K (revenue +6.9% year-over-year).
- 2013: Revenue of $818K, expenses of $850K, and assets of $545K (revenue -6.2% year-over-year).
- 2012: Revenue of $872K, expenses of $856K, and assets of $551K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Georgetown Child Development Center:
Data Sources and Methodology
This transparency report for Georgetown Child Development Center 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.