Great Beginnings Early Childhood Center

Great Beginnings Early Childhood Center operates on a modest budget with no officer compensation, experiencing a recent deficit.

EIN: 203131057 · Delta, CO · NTEE: P32 · Updated: 2026-03-28

$279KRevenue

$29KAssets

85/100Mission Score (Excellent)

P32

About Great Beginnings Early Childhood Center

Great Beginnings Early Childhood Center (EIN: 203131057) is a nonprofit organization based in Delta, CO, classified under NTEE code P32. The organization reported total revenue of $279K and total assets of $29K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Great Beginnings Early Childhood Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Great Beginnings Early Childhood Center demonstrates consistent financial activity, with revenues and expenses generally in a similar range over the past decade. For the most recent period (202306), the organization reported revenues of $251,763 against expenses of $286,576, indicating a deficit for that year. This follows a surplus in the prior period (202206) where revenues were $272,825 and expenses were $257,409. The organization's assets have fluctuated, reaching a low of $9,890 in 202306, which is relatively modest compared to its annual revenue.

The organization's transparency is strong regarding executive compensation, as all filings indicate 0% officer compensation, suggesting a volunteer-led or very lean administrative structure at the top. While specific program spending ratios are not provided in the summary data, the consistent operation within a relatively tight budget suggests a focus on delivering services. The fluctuating asset base and occasional deficits warrant attention to ensure long-term financial stability, but the overall trend shows a stable, albeit modest, operational scale.

Given the NTEE code P32 (Child Day Care), the organization's mission is clear. The absence of officer compensation is a significant positive indicator of efficiency and dedication to the mission. However, the recent deficit and low asset base suggest a need for careful financial management to build reserves and ensure resilience against future financial fluctuations.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Great Beginnings Early Childhood Center with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Great Beginnings Early Childhood Center allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers or directors receive compensation, which is highly efficient for an organization of this size.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Great Beginnings Early Childhood Center's IRS 990 filings:

Recent operating deficit (202306: Expenses $286,576 vs. Revenue $251,763)
Low asset base ($9,890 in 202306) relative to annual expenses, indicating limited financial reserves

Strengths

The following positive indicators were identified for Great Beginnings Early Childhood Center:

Consistent operation for over a decade, demonstrating longevity in its mission
0% officer compensation reported across all filings, indicating high efficiency and dedication to mission
Clear mission focus on early childhood education (NTEE P32)
Relatively stable revenue stream over time

Frequently Asked Questions about Great Beginnings Early Childhood Center

Is Great Beginnings Early Childhood Center financially stable?

While the organization has operated consistently for over a decade, the 202306 filing shows expenses ($286,576) exceeding revenue ($251,763), resulting in a deficit. Its assets of $9,890 are also relatively low compared to its annual operating budget, suggesting limited reserves for unexpected events.

How does the lack of officer compensation impact the organization?

The consistent reporting of 0% officer compensation is a significant strength, indicating that leadership is likely volunteer-based or compensated through other means not classified as officer compensation, which maximizes funds available for programs and reduces administrative overhead.

What are the trends in revenue and expenses?

Revenue and expenses have generally increased over the past decade, from around $200,000 in 2019 to over $250,000 in recent years. While there have been periods of surplus (e.g., 202206), the most recent filing (202306) shows a deficit.

Filing History

IRS 990 filing history for Great Beginnings Early Childhood Center showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Great Beginnings Early Childhood Center's revenue has grown by 20.1%, moving from $210K to $252K. Total assets decreased by 76.7% over the same period, from $42K to $10K. Total functional expenses rose by 36.2%, from $210K to $287K. In its most recent filing year (2023), Great Beginnings Early Childhood Center reported a deficit of $35K, with expenses exceeding revenue. The organization holds $8K in liabilities against $10K in assets (debt-to-asset ratio: 83.3%), resulting in net assets of $2K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$252K	$287K	$10K	$8K	—	View 990
2022	$273K	$257K	$44K	$7K	—	View 990
2021	$231K	$230K	$24K	$3K	—	View 990
2020	$237K	$224K	$24K	$3K	—	View 990
2019	$200K	$197K	$9K	$2K	—	View 990
2018	$207K	$223K	$20K	$15K	—	View 990
2017	$186K	$208K	$20K	$1K	—	View 990
2016	$215K	$215K	$41K	$0	—	View 990
2015	$224K	$222K	$42K	$343	—	View 990
2014	$213K	$215K	$44K	$4K	—	View 990
2013	$211K	$215K	$41K	$0	—	View 990
2012	$212K	$210K	$45K	$0	—	View 990
2011	$210K	$210K	$42K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $252K, expenses of $287K, and assets of $10K (revenue -7.7% year-over-year).
2022: Revenue of $273K, expenses of $257K, and assets of $44K (revenue +18.2% year-over-year).
2021: Revenue of $231K, expenses of $230K, and assets of $24K (revenue -2.7% year-over-year).
2020: Revenue of $237K, expenses of $224K, and assets of $24K (revenue +18.9% year-over-year).
2019: Revenue of $200K, expenses of $197K, and assets of $9K (revenue -3.8% year-over-year).
2018: Revenue of $207K, expenses of $223K, and assets of $20K (revenue +11.3% year-over-year).
2017: Revenue of $186K, expenses of $208K, and assets of $20K (revenue -13.3% year-over-year).
2016: Revenue of $215K, expenses of $215K, and assets of $41K (revenue -4.2% year-over-year).
2015: Revenue of $224K, expenses of $222K, and assets of $42K (revenue +5.3% year-over-year).
2014: Revenue of $213K, expenses of $215K, and assets of $44K (revenue +0.9% year-over-year).
2013: Revenue of $211K, expenses of $215K, and assets of $41K (revenue -0.5% year-over-year).
2012: Revenue of $212K, expenses of $210K, and assets of $45K (revenue +1.2% year-over-year).
2011: Revenue of $210K, expenses of $210K, and assets of $42K.

Data Sources and Methodology

This transparency report for Great Beginnings Early Childhood 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.