Holly Oak Child Care Ctr Inc
EIN: 510402773 · Wilmington, DE · NTEE: P33
| Metric | Value |
|---|---|
| Total Revenue | $386K |
| Total Expenses | $450K |
| Net Assets | $55K |
Is Holly Oak Child Care Ctr Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Holly Oak Child Care Ctr Inc
Holly Oak Child Care Ctr Inc (EIN: 510402773) is a nonprofit organization based in Wilmington, DE, classified under NTEE code P33. The organization reported total revenue of $386K and total assets of $98K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Holly Oak Child Care Ctr Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Holly Oak Child Care Ctr Inc is a small nonprofit that has been operating for 25 years, with 10 years of IRS 990 filings on record (2010–2019). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $386K |
| Total Expenses | $450K |
| Surplus / Deficit | $-63,565 |
| Total Assets | $98K |
| Total Liabilities | $43K |
| Net Assets | $55K |
| Operating Margin | -16.5% |
| Debt-to-Asset Ratio | 43.6% |
| Months of Reserves | 2.6 months |
Financial Health Grade: C
In 2019, Holly Oak Child Care Ctr Inc reported a deficit of $64K with expenses exceeding revenue, holds 2.6 months of operating reserves (limited), has a debt-to-asset ratio of 43.6% (moderate leverage).
Financial Trends
Over 10 years of filings (2010–2019), Holly Oak Child Care Ctr Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -11.4% | +2.7% | -37.3% |
| 2018 | -6.4% | +4.4% | -3.7% |
| 2017 | +7.3% | +2.4% | +38.7% |
| 2016 | +11.7% | +2.4% | +25.0% |
| 2015 | -1.9% | +-0.0% | -10.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Holly Oak Child Care Ctr 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 Holly Oak Child Care Ctr 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $64K, with expenses exceeding revenue.
- Debt-to-asset ratio: 43.6%.
Frequently Asked Questions about Holly Oak Child Care Ctr Inc
Is Holly Oak Child Care Ctr Inc a legitimate charity?
Holly Oak Child Care Ctr Inc (EIN: 510402773) is a registered tax-exempt nonprofit based in Delaware. It has 10 years of IRS 990 filings on record. Total revenue: $386K. No red flags identified. Financial health grade: C.
How does Holly Oak Child Care Ctr Inc spend its money?
Holly Oak Child Care Ctr Inc reported $386K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Holly Oak Child Care Ctr Inc tax-deductible?
Holly Oak Child Care Ctr Inc is registered as a tax-exempt nonprofit (EIN: 510402773). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Holly Oak Child Care Ctr Inc located?
Holly Oak Child Care Ctr Inc is headquartered in Wilmington, Delaware and files with the IRS under EIN 510402773. It is classified under NTEE code P33.
How many years of IRS 990 filings does Holly Oak Child Care Ctr Inc have?
Holly Oak Child Care Ctr Inc has 10 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 $386K in total revenue.
Filing History
IRS 990 filing history for Holly Oak Child Care Ctr Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2010–2019), Holly Oak Child Care Ctr Inc's revenue has declined by 7.2%, moving from $416K to $386K. Total assets decreased by 16.5% over the same period, from $117K to $98K. Total functional expenses rose by 8.9%, from $413K to $450K. In its most recent filing year (2019), Holly Oak Child Care Ctr Inc reported a deficit of $64K, with expenses exceeding revenue. The organization holds $43K in liabilities against $98K in assets (debt-to-asset ratio: 43.6%), resulting in net assets of $55K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $386K | $450K | $98K | $43K | — | View 990 |
| 2018 | $436K | $438K | $157K | $38K | — | View 990 |
| 2017 | $466K | $420K | $162K | $42K | — | View 990 |
| 2016 | $434K | $410K | $117K | $43K | — | View 990 |
| 2015 | $389K | $400K | $94K | $43K | — | View 990 |
| 2014 | $396K | $400K | $105K | $43K | — | View 990 |
| 2013 | $397K | $395K | $115K | $49K | — | View 990 |
| 2012 | $360K | $362K | $111K | $46K | — | View 990 |
| 2011 | $366K | $376K | $112K | $45K | — | View 990 |
| 2010 | $416K | $413K | $117K | $40K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $386K, expenses of $450K, and assets of $98K (revenue -11.4% year-over-year).
- 2018: Revenue of $436K, expenses of $438K, and assets of $157K (revenue -6.4% year-over-year).
- 2017: Revenue of $466K, expenses of $420K, and assets of $162K (revenue +7.3% year-over-year).
- 2016: Revenue of $434K, expenses of $410K, and assets of $117K (revenue +11.7% year-over-year).
- 2015: Revenue of $389K, expenses of $400K, and assets of $94K (revenue -1.9% year-over-year).
- 2014: Revenue of $396K, expenses of $400K, and assets of $105K (revenue -0.3% year-over-year).
- 2013: Revenue of $397K, expenses of $395K, and assets of $115K (revenue +10.1% year-over-year).
- 2012: Revenue of $360K, expenses of $362K, and assets of $111K (revenue -1.5% year-over-year).
- 2011: Revenue of $366K, expenses of $376K, and assets of $112K (revenue -12.1% year-over-year).
- 2010: Revenue of $416K, expenses of $413K, and assets of $117K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Holly Oak Child Care Ctr Inc:
Data Sources and Methodology
This transparency report for Holly Oak Child Care Ctr 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.