Grandmas House Day Care
EIN: 870691643 · Clarinda, IA · NTEE: P33
| Metric | Value |
|---|---|
| Total Revenue | $691K |
| Total Expenses | $742K |
| Net Assets | $332K |
Is Grandmas House Day Care Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Grandmas House Day Care
Grandmas House Day Care (EIN: 870691643) is a nonprofit organization based in Clarinda, IA, classified under NTEE code P33. The organization reported total revenue of $691K and total assets of $542K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grandmas House Day Care's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grandmas House Day Care is a small nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 6.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $859K |
| Total Expenses | $742K |
| Surplus / Deficit | +$118K |
| Total Assets | $664K |
| Total Liabilities | $332K |
| Net Assets | $332K |
| Operating Margin | 13.7% |
| Debt-to-Asset Ratio | 50.0% |
| Months of Reserves | 10.8 months |
Financial Health Grade: A
In 2023, Grandmas House Day Care reported a surplus of $118K with revenue exceeding expenses, holds 10.8 months of operating reserves (strong position), has a debt-to-asset ratio of 50.0% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Grandmas House Day Care's revenue has grown at a compound annual growth rate (CAGR) of 6.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +34.4% | +17.4% | +19.3% |
| 2022 | -15.7% | +4.4% | +0.2% |
| 2021 | +71.5% | +52.9% | +36.0% |
| 2020 | +5.3% | -18.6% | +7.1% |
| 2019 | -16.3% | +6.2% | -20.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Grandmas House Day 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 Grandmas House Day 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 surplus of $118K, with revenue exceeding expenses.
- Debt-to-asset ratio: 50.0%.
Frequently Asked Questions about Grandmas House Day Care
Is Grandmas House Day Care a legitimate charity?
Based on AI analysis of IRS 990 filings, Grandmas House Day Care (EIN: 870691643) insufficient data. 0 red flags identified, 0 strengths noted.
How does Grandmas House Day Care spend its money?
Detailed spending breakdown data is not yet available for Grandmas House Day Care. Check back for updated IRS 990 analysis.
Are donations to Grandmas House Day Care tax-deductible?
Grandmas House Day Care is registered as a tax-exempt nonprofit (EIN: 870691643). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Grandmas House Day Care located?
Grandmas House Day Care is headquartered in Clarinda, Iowa and files with the IRS under EIN 870691643. It is classified under NTEE code P33.
How many years of IRS 990 filings does Grandmas House Day Care have?
Grandmas House Day Care has 14 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 $691K in total revenue.
Filing History
IRS 990 filing history for Grandmas House Day Care showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Grandmas House Day Care's revenue has grown by 120.4%, moving from $390K to $859K. Total assets increased by 133.2% over the same period, from $285K to $664K. Total functional expenses rose by 96.1%, from $378K to $742K. In its most recent filing year (2023), Grandmas House Day Care reported a surplus of $118K, with revenue exceeding expenses. The organization holds $332K in liabilities against $664K in assets (debt-to-asset ratio: 50.0%), resulting in net assets of $332K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $859K | $742K | $664K | $332K | — | — |
| 2022 | $639K | $632K | $557K | $342K | — | View 990 |
| 2021 | $759K | $605K | $555K | $349K | — | View 990 |
| 2020 | $443K | $396K | $408K | $356K | — | — |
| 2019 | $420K | $486K | $381K | $375K | — | View 990 |
| 2018 | $502K | $458K | $480K | $408K | — | View 990 |
| 2017 | $446K | $418K | $409K | $381K | — | View 990 |
| 2016 | $415K | $437K | $393K | $393K | — | View 990 |
| 2015 | $436K | $442K | $417K | $395K | — | View 990 |
| 2014 | $425K | $424K | $431K | $403K | — | View 990 |
| 2013 | $433K | $410K | $435K | $408K | — | View 990 |
| 2012 | $401K | $418K | $256K | $252K | — | View 990 |
| 2011 | $392K | $412K | $261K | $268K | — | View 990 |
| 2010 | $390K | $378K | $285K | $273K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $859K, expenses of $742K, and assets of $664K (revenue +34.4% year-over-year).
- 2022: Revenue of $639K, expenses of $632K, and assets of $557K (revenue -15.7% year-over-year).
- 2021: Revenue of $759K, expenses of $605K, and assets of $555K (revenue +71.5% year-over-year).
- 2020: Revenue of $443K, expenses of $396K, and assets of $408K (revenue +5.3% year-over-year).
- 2019: Revenue of $420K, expenses of $486K, and assets of $381K (revenue -16.3% year-over-year).
- 2018: Revenue of $502K, expenses of $458K, and assets of $480K (revenue +12.4% year-over-year).
- 2017: Revenue of $446K, expenses of $418K, and assets of $409K (revenue +7.5% year-over-year).
- 2016: Revenue of $415K, expenses of $437K, and assets of $393K (revenue -4.7% year-over-year).
- 2015: Revenue of $436K, expenses of $442K, and assets of $417K (revenue +2.5% year-over-year).
- 2014: Revenue of $425K, expenses of $424K, and assets of $431K (revenue -1.8% year-over-year).
- 2013: Revenue of $433K, expenses of $410K, and assets of $435K (revenue +7.8% year-over-year).
- 2012: Revenue of $401K, expenses of $418K, and assets of $256K (revenue +2.4% year-over-year).
- 2011: Revenue of $392K, expenses of $412K, and assets of $261K (revenue +0.6% year-over-year).
- 2010: Revenue of $390K, expenses of $378K, and assets of $285K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grandmas House Day Care:
Data Sources and Methodology
This transparency report for Grandmas House Day 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.