Gersh And Sarah Lemberg Childrens Center Inc
EIN: 42475405 · Waltham, MA
| Metric | Value |
|---|---|
| Total Revenue | $2.8M |
| Total Expenses | $2.6M |
| Net Assets | $989K |
Is Gersh And Sarah Lemberg Childrens Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gersh And Sarah Lemberg Childrens Center Inc
Gersh And Sarah Lemberg Childrens Center Inc (EIN: 42475405) is a nonprofit organization based in Waltham, MA. The organization reported total revenue of $2.8M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gersh And Sarah Lemberg Childrens Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gersh And Sarah Lemberg Childrens Center Inc is a mid-size nonprofit that has been operating for 54 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $2.6M |
| Surplus / Deficit | +$78K |
| Total Assets | $1.7M |
| Total Liabilities | $692K |
| Net Assets | $989K |
| Operating Margin | 3.0% |
| Debt-to-Asset Ratio | 41.2% |
| Months of Reserves | 7.9 months |
Financial Health Grade: A
In 2023, Gersh And Sarah Lemberg Childrens Center Inc reported a surplus of $78K with revenue exceeding expenses, holds 7.9 months of operating reserves (strong position), has a debt-to-asset ratio of 41.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Gersh And Sarah Lemberg Childrens Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.3% | +11.3% | +28.2% |
| 2022 | +35.3% | +26.2% | +25.8% |
| 2021 | +22.8% | +4.2% | +37.9% |
| 2020 | -11.6% | -8.2% | +36.0% |
| 2019 | +3.9% | +5.3% | -0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1972 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gersh And Sarah Lemberg Childrens Center Inc 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 Gersh And Sarah Lemberg Childrens Center Inc 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 $78K, with revenue exceeding expenses.
- Debt-to-asset ratio: 41.2%.
Frequently Asked Questions about Gersh And Sarah Lemberg Childrens Center Inc
Is Gersh And Sarah Lemberg Childrens Center Inc a legitimate charity?
Gersh And Sarah Lemberg Childrens Center Inc (EIN: 42475405) is a registered tax-exempt nonprofit based in Massachusetts. It has 13 years of IRS 990 filings on record. Total revenue: $2.8M. No red flags identified. Financial health grade: A.
How does Gersh And Sarah Lemberg Childrens Center Inc spend its money?
Gersh And Sarah Lemberg Childrens Center Inc reported $2.8M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Gersh And Sarah Lemberg Childrens Center Inc tax-deductible?
Gersh And Sarah Lemberg Childrens Center Inc is registered as a tax-exempt nonprofit (EIN: 42475405). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gersh And Sarah Lemberg Childrens Center Inc located?
Gersh And Sarah Lemberg Childrens Center Inc is headquartered in Waltham, Massachusetts and files with the IRS under EIN 42475405.
How many years of IRS 990 filings does Gersh And Sarah Lemberg Childrens Center Inc have?
Gersh And Sarah Lemberg Childrens 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 $2.8M in total revenue.
Filing History
IRS 990 filing history for Gersh And Sarah Lemberg Childrens Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Gersh And Sarah Lemberg Childrens Center Inc's revenue has grown by 262.3%, moving from $728K to $2.6M. Total assets increased by 793.5% over the same period, from $188K to $1.7M. Total functional expenses rose by 262.4%, from $707K to $2.6M. In its most recent filing year (2023), Gersh And Sarah Lemberg Childrens Center Inc reported a surplus of $78K, with revenue exceeding expenses. The organization holds $692K in liabilities against $1.7M in assets (debt-to-asset ratio: 41.2%), resulting in net assets of $989K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $2.6M | $1.7M | $692K | — | — |
| 2022 | $2.8M | $2.3M | $1.3M | $400K | — | — |
| 2021 | $2.0M | $1.8M | $1.0M | $590K | — | — |
| 2020 | $1.7M | $1.7M | $756K | $519K | — | View 990 |
| 2019 | $1.9M | $1.9M | $556K | $230K | — | View 990 |
| 2018 | $1.8M | $1.8M | $560K | $207K | — | View 990 |
| 2017 | $1.7M | $1.7M | $615K | $320K | — | View 990 |
| 2016 | $1.7M | $1.7M | $633K | $381K | — | View 990 |
| 2015 | $1.6M | $1.5M | $470K | $272K | — | View 990 |
| 2014 | $825K | $785K | $300K | $192K | — | View 990 |
| 2013 | $777K | $771K | $158K | $90K | — | View 990 |
| 2012 | $762K | $794K | $139K | $77K | — | View 990 |
| 2011 | $728K | $707K | $188K | $95K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $2.6M, and assets of $1.7M (revenue -4.3% year-over-year).
- 2022: Revenue of $2.8M, expenses of $2.3M, and assets of $1.3M (revenue +35.3% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.8M, and assets of $1.0M (revenue +22.8% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.7M, and assets of $756K (revenue -11.6% year-over-year).
- 2019: Revenue of $1.9M, expenses of $1.9M, and assets of $556K (revenue +3.9% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.8M, and assets of $560K (revenue +4.9% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.7M, and assets of $615K (revenue +0.7% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.7M, and assets of $633K (revenue +10.2% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.5M, and assets of $470K (revenue +88.1% year-over-year).
- 2014: Revenue of $825K, expenses of $785K, and assets of $300K (revenue +6.2% year-over-year).
- 2013: Revenue of $777K, expenses of $771K, and assets of $158K (revenue +1.9% year-over-year).
- 2012: Revenue of $762K, expenses of $794K, and assets of $139K (revenue +4.6% year-over-year).
- 2011: Revenue of $728K, expenses of $707K, and assets of $188K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gersh And Sarah Lemberg Childrens Center Inc:
Data Sources and Methodology
This transparency report for Gersh And Sarah Lemberg Childrens 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.