Grundy Community Preschool And Child Care Association
EIN: 421300711 · Grundy Center, IA
| Metric | Value |
|---|---|
| Total Revenue | $571K |
| Total Expenses | $537K |
| Net Assets | $500K |
Is Grundy Community Preschool And Child Care Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Grundy Community Preschool And Child Care Association
Grundy Community Preschool And Child Care Association (EIN: 421300711) is a nonprofit organization based in Grundy Center, IA. The organization reported total revenue of $571K and total assets of $471K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grundy Community Preschool And Child Care Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grundy Community Preschool And Child Care Association is a small nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $512K |
| Total Expenses | $537K |
| Surplus / Deficit | $-24,965 |
| Total Assets | $507K |
| Total Liabilities | $7K |
| Net Assets | $500K |
| Operating Margin | -4.9% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 11.3 months |
Financial Health Grade: B
In 2023, Grundy Community Preschool And Child Care Association reported a deficit of $25K with expenses exceeding revenue, holds 11.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Grundy Community Preschool And Child Care Association's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.8% | +29.4% | -4.8% |
| 2022 | +10.6% | +5.9% | +28.5% |
| 2021 | +15.8% | -8.1% | +33.3% |
| 2020 | +1.4% | +24.6% | -0.4% |
| 2019 | +6.2% | +2.8% | +33.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Grundy Community Preschool And Child Care 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 Grundy Community Preschool And Child Care 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $25K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.4%.
Frequently Asked Questions about Grundy Community Preschool And Child Care Association
Is Grundy Community Preschool And Child Care Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Grundy Community Preschool And Child Care Association (EIN: 421300711) insufficient data. 0 red flags identified, 0 strengths noted.
How does Grundy Community Preschool And Child Care Association spend its money?
Detailed spending breakdown data is not yet available for Grundy Community Preschool And Child Care Association. Check back for updated IRS 990 analysis.
Are donations to Grundy Community Preschool And Child Care Association tax-deductible?
Grundy Community Preschool And Child Care Association is registered as a tax-exempt nonprofit (EIN: 421300711). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Grundy Community Preschool And Child Care Association located?
Grundy Community Preschool And Child Care Association is headquartered in Grundy Center, Iowa and files with the IRS under EIN 421300711.
How many years of IRS 990 filings does Grundy Community Preschool And Child Care Association have?
Grundy Community Preschool And Child Care 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 $571K in total revenue.
Filing History
IRS 990 filing history for Grundy Community Preschool And Child Care Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Grundy Community Preschool And Child Care Association's revenue has grown by 72.5%, moving from $297K to $512K. Total assets increased by 517% over the same period, from $82K to $507K. Total functional expenses rose by 85%, from $290K to $537K. In its most recent filing year (2023), Grundy Community Preschool And Child Care Association reported a deficit of $25K, with expenses exceeding revenue. The organization holds $7K in liabilities against $507K in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $500K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $512K | $537K | $507K | $7K | — | — |
| 2022 | $550K | $415K | $532K | $7K | — | — |
| 2021 | $497K | $392K | $414K | $24K | — | View 990 |
| 2020 | $429K | $427K | $310K | $25K | — | View 990 |
| 2019 | $423K | $343K | $312K | $29K | — | View 990 |
| 2018 | $398K | $333K | $234K | $32K | — | View 990 |
| 2017 | $386K | $328K | $211K | $75K | — | View 990 |
| 2016 | $341K | $310K | $160K | $81K | — | View 990 |
| 2015 | $291K | $307K | $136K | $88K | — | View 990 |
| 2014 | $296K | $304K | $156K | $92K | — | View 990 |
| 2013 | $281K | $315K | $166K | $94K | — | View 990 |
| 2012 | $302K | $305K | $79K | $0 | — | View 990 |
| 2011 | $297K | $290K | $82K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $512K, expenses of $537K, and assets of $507K (revenue -6.8% year-over-year).
- 2022: Revenue of $550K, expenses of $415K, and assets of $532K (revenue +10.6% year-over-year).
- 2021: Revenue of $497K, expenses of $392K, and assets of $414K (revenue +15.8% year-over-year).
- 2020: Revenue of $429K, expenses of $427K, and assets of $310K (revenue +1.4% year-over-year).
- 2019: Revenue of $423K, expenses of $343K, and assets of $312K (revenue +6.2% year-over-year).
- 2018: Revenue of $398K, expenses of $333K, and assets of $234K (revenue +3.2% year-over-year).
- 2017: Revenue of $386K, expenses of $328K, and assets of $211K (revenue +13.2% year-over-year).
- 2016: Revenue of $341K, expenses of $310K, and assets of $160K (revenue +17.2% year-over-year).
- 2015: Revenue of $291K, expenses of $307K, and assets of $136K (revenue -1.7% year-over-year).
- 2014: Revenue of $296K, expenses of $304K, and assets of $156K (revenue +5.3% year-over-year).
- 2013: Revenue of $281K, expenses of $315K, and assets of $166K (revenue -6.9% year-over-year).
- 2012: Revenue of $302K, expenses of $305K, and assets of $79K (revenue +1.7% year-over-year).
- 2011: Revenue of $297K, expenses of $290K, and assets of $82K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grundy Community Preschool And Child Care Association:
Data Sources and Methodology
This transparency report for Grundy Community Preschool And Child Care 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.