Inspirations Childcare & Preschool Center
EIN: 260268814 · Sully, IA · NTEE: P33
| Metric | Value |
|---|---|
| Total Revenue | $383K |
| Total Expenses | $353K |
| Net Assets | $316K |
Is Inspirations Childcare & Preschool Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Inspirations Childcare & Preschool Center
Inspirations Childcare & Preschool Center (EIN: 260268814) is a nonprofit organization based in Sully, IA, classified under NTEE code P33. The organization reported total revenue of $383K and total assets of $408K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Inspirations Childcare & Preschool Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Inspirations Childcare & Preschool Center is a small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 9.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $419K |
| Total Expenses | $353K |
| Surplus / Deficit | +$66K |
| Total Assets | $409K |
| Total Liabilities | $93K |
| Net Assets | $316K |
| Operating Margin | 15.7% |
| Debt-to-Asset Ratio | 22.8% |
| Months of Reserves | 13.9 months |
Financial Health Grade: A
In 2024, Inspirations Childcare & Preschool Center reported a surplus of $66K with revenue exceeding expenses, holds 13.9 months of operating reserves (strong position), has a debt-to-asset ratio of 22.8% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2024), Inspirations Childcare & Preschool Center's revenue has grown at a compound annual growth rate (CAGR) of 9.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +13.9% | +4.5% | +15.7% |
| 2023 | +5.7% | +2.0% | +5.5% |
| 2022 | +4.3% | +12.3% | -10.2% |
| 2021 | +48.3% | +15.7% | +15.1% |
| 2020 | -12.9% | -4.5% | -8.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Inspirations Childcare & Preschool Center 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 Inspirations Childcare & Preschool Center 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $66K, with revenue exceeding expenses.
- Debt-to-asset ratio: 22.8%.
Frequently Asked Questions about Inspirations Childcare & Preschool Center
Is Inspirations Childcare & Preschool Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Inspirations Childcare & Preschool Center (EIN: 260268814) insufficient data. 0 red flags identified, 0 strengths noted.
How does Inspirations Childcare & Preschool Center spend its money?
Detailed spending breakdown data is not yet available for Inspirations Childcare & Preschool Center. Check back for updated IRS 990 analysis.
Are donations to Inspirations Childcare & Preschool Center tax-deductible?
Inspirations Childcare & Preschool Center is registered as a tax-exempt nonprofit (EIN: 260268814). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Inspirations Childcare & Preschool Center located?
Inspirations Childcare & Preschool Center is headquartered in Sully, Iowa and files with the IRS under EIN 260268814. It is classified under NTEE code P33.
How many years of IRS 990 filings does Inspirations Childcare & Preschool Center have?
Inspirations Childcare & Preschool Center has 12 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 $383K in total revenue.
Filing History
IRS 990 filing history for Inspirations Childcare & Preschool Center showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2024), Inspirations Childcare & Preschool Center's revenue has grown by 180.6%, moving from $149K to $419K. Total assets increased by 2778.9% over the same period, from $14K to $409K. Total functional expenses rose by 108.4%, from $170K to $353K. In its most recent filing year (2024), Inspirations Childcare & Preschool Center reported a surplus of $66K, with revenue exceeding expenses. The organization holds $93K in liabilities against $409K in assets (debt-to-asset ratio: 22.8%), resulting in net assets of $316K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $419K | $353K | $409K | $93K | — | — |
| 2023 | $368K | $338K | $354K | $103K | — | — |
| 2022 | $348K | $331K | $335K | $115K | — | View 990 |
| 2021 | $333K | $295K | $373K | $170K | — | — |
| 2020 | $225K | $255K | $324K | $159K | — | View 990 |
| 2019 | $258K | $267K | $355K | $159K | — | View 990 |
| 2017 | $289K | $288K | $371K | $143K | — | View 990 |
| 2016 | $275K | $249K | $383K | $156K | — | View 990 |
| 2015 | $253K | $236K | $371K | $171K | — | View 990 |
| 2014 | $218K | $199K | $361K | $178K | — | View 990 |
| 2013 | $313K | $159K | $167K | $3K | — | View 990 |
| 2012 | $149K | $170K | $14K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $419K, expenses of $353K, and assets of $409K (revenue +13.9% year-over-year).
- 2023: Revenue of $368K, expenses of $338K, and assets of $354K (revenue +5.7% year-over-year).
- 2022: Revenue of $348K, expenses of $331K, and assets of $335K (revenue +4.3% year-over-year).
- 2021: Revenue of $333K, expenses of $295K, and assets of $373K (revenue +48.3% year-over-year).
- 2020: Revenue of $225K, expenses of $255K, and assets of $324K (revenue -12.9% year-over-year).
- 2019: Revenue of $258K, expenses of $267K, and assets of $355K (revenue -10.8% year-over-year).
- 2017: Revenue of $289K, expenses of $288K, and assets of $371K (revenue +5.3% year-over-year).
- 2016: Revenue of $275K, expenses of $249K, and assets of $383K (revenue +8.5% year-over-year).
- 2015: Revenue of $253K, expenses of $236K, and assets of $371K (revenue +16.2% year-over-year).
- 2014: Revenue of $218K, expenses of $199K, and assets of $361K (revenue -30.3% year-over-year).
- 2013: Revenue of $313K, expenses of $159K, and assets of $167K (revenue +109.5% year-over-year).
- 2012: Revenue of $149K, expenses of $170K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Inspirations Childcare & Preschool Center:
Data Sources and Methodology
This transparency report for Inspirations Childcare & Preschool 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.