Interlakes Day Care Center Inc
Interlakes Day Care Center Inc consistently operates with zero officer compensation and stable finances.
EIN: 20304479 · Meredith, NH · NTEE: P33Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $339K |
| Total Expenses | $329K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $300k |
| Net Assets | $215K |
| Transparency Score | 90/100 |
Is Interlakes Day Care Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Interlakes Day Care Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Interlakes Day Care Center Inc
Interlakes Day Care Center Inc (EIN: 20304479) is a nonprofit organization based in Meredith, NH, classified under NTEE code P33Z. The organization reported total revenue of $339K and total assets of $229K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Interlakes Day Care Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Interlakes Day Care Center Inc is a small nonprofit that has been operating for 53 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $339K |
| Total Expenses | $329K |
| Surplus / Deficit | +$10K |
| Total Assets | $229K |
| Total Liabilities | $14K |
| Net Assets | $215K |
| Operating Margin | 3.0% |
| Debt-to-Asset Ratio | 6.1% |
| Months of Reserves | 8.4 months |
Financial Health Grade: A
In 2023, Interlakes Day Care Center Inc reported a surplus of $10K with revenue exceeding expenses, holds 8.4 months of operating reserves (strong position), has a debt-to-asset ratio of 6.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Interlakes Day Care Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.3% | +3.9% | +1.4% |
| 2022 | +31.4% | +11.5% | -3.0% |
| 2021 | -13.1% | -8.4% | -2.7% |
| 2020 | -8.8% | -12.9% | +9.3% |
| 2019 | -3.7% | -13.5% | +0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1973 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Interlakes Day Care Center Inc with a Mission Score of 90 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, Interlakes Day Care Center Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $10K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.1%.
Executive Compensation Analysis
Executive compensation has been reported as 0% across all available filings, indicating that no officers or key employees receive compensation from the organization, which is highly unusual for an organization of its size with revenues consistently in the $300k-$500k range.
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 Interlakes Day Care Center Inc's IRS 990 filings:
- Unusually low liabilities in the latest period compared to prior years, which could warrant further investigation into the nature of the reduction.
- Consistent 0% officer compensation, while positive, is unusual for an organization of this size and could imply alternative compensation structures or significant volunteer leadership.
Strengths
The following positive indicators were identified for Interlakes Day Care Center Inc:
- Consistent reporting of 0% officer compensation, indicating strong resource allocation towards mission.
- Healthy asset-to-liability ratio, with assets of $229,239 and liabilities of $13,939 in 202309.
- Long history of consistent IRS 990 filings (13 filings), demonstrating transparency.
- Revenues generally cover expenses, indicating sustainable operations (e.g., $338,670 revenue vs. $328,559 expenses in 202309).
- Significant reduction in liabilities over recent years, from $98,825 in 201909 to $13,939 in 202309.
Frequently Asked Questions about Interlakes Day Care Center Inc
Is Interlakes Day Care Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Interlakes Day Care Center Inc (EIN: 20304479) some concerns. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
How does Interlakes Day Care Center Inc spend its money?
Interlakes Day Care Center Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Interlakes Day Care Center Inc tax-deductible?
Interlakes Day Care Center Inc is registered as a tax-exempt nonprofit (EIN: 20304479). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Interlakes Day Care Center Inc CEO make?
Interlakes Day Care Center Inc's highest-compensated officer earns $300k annually. The organization reported $339K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Interlakes Day Care Center Inc's spending goes to programs?
Interlakes Day Care Center Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Interlakes Day Care Center Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Interlakes Day Care Center Inc is above average for NTEE category P33Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Interlakes Day Care Center Inc located?
Interlakes Day Care Center Inc is headquartered in Meredith, New Hampshire and files with the IRS under EIN 20304479. It is classified under NTEE code P33Z.
How many years of IRS 990 filings does Interlakes Day Care Center Inc have?
Interlakes Day Care Center Inc 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 $339K in total revenue.
Is Interlakes Day Care Center Inc a good charity?
Based on the available financial data, Interlakes Day Care Center Inc appears to be a well-managed organization with strong financial stability, consistent operations, and a notable commitment to directing resources away from executive compensation. Their consistent reporting of 0% officer compensation is a significant positive indicator.
How does Interlakes Day Care Center Inc manage its leadership compensation?
Interlakes Day Care Center Inc has consistently reported 0% officer compensation across all 13 available IRS 990 filings, suggesting that its leadership either volunteers their time or is compensated through other means not reported as officer compensation on the 990.
What is the financial trend of Interlakes Day Care Center Inc?
The organization has maintained a relatively stable financial position over the past decade, with revenues fluctuating between approximately $287,103 (202109) and $566,367 (201409). Assets have shown a general upward trend from $139,349 in 201409 to $229,239 in 202309, while liabilities have significantly decreased from $98,825 in 201909 to $13,939 in 202309, indicating improved financial health.
Is Interlakes Day Care Center Inc transparent?
Yes, the organization demonstrates good transparency with 13 years of consistent IRS 990 filings available, providing detailed financial information including revenue, expenses, assets, liabilities, and officer compensation.
Filing History
IRS 990 filing history for Interlakes Day Care Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Interlakes Day Care Center Inc's revenue has declined by 42.5%, moving from $589K to $339K. Total assets increased by 81.8% over the same period, from $126K to $229K. Total functional expenses fell by 45.6%, from $604K to $329K. In its most recent filing year (2023), Interlakes Day Care Center Inc reported a surplus of $10K, with revenue exceeding expenses. The organization holds $14K in liabilities against $229K in assets (debt-to-asset ratio: 6.1%), resulting in net assets of $215K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $339K | $329K | $229K | $14K | — | — |
| 2022 | $377K | $316K | $226K | $21K | — | — |
| 2021 | $287K | $284K | $233K | $89K | — | View 990 |
| 2020 | $330K | $310K | $239K | $99K | — | View 990 |
| 2019 | $362K | $356K | $219K | $99K | — | — |
| 2018 | $376K | $411K | $219K | $105K | — | View 990 |
| 2017 | $418K | $409K | $211K | $62K | — | View 990 |
| 2016 | $450K | $446K | $189K | $49K | — | View 990 |
| 2015 | $492K | $471K | $163K | $27K | — | View 990 |
| 2014 | $566K | $567K | $139K | $25K | — | View 990 |
| 2013 | $590K | $576K | $135K | $20K | — | View 990 |
| 2012 | $577K | $569K | $135K | $34K | — | View 990 |
| 2011 | $589K | $604K | $126K | $33K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $339K, expenses of $329K, and assets of $229K (revenue -10.3% year-over-year).
- 2022: Revenue of $377K, expenses of $316K, and assets of $226K (revenue +31.4% year-over-year).
- 2021: Revenue of $287K, expenses of $284K, and assets of $233K (revenue -13.1% year-over-year).
- 2020: Revenue of $330K, expenses of $310K, and assets of $239K (revenue -8.8% year-over-year).
- 2019: Revenue of $362K, expenses of $356K, and assets of $219K (revenue -3.7% year-over-year).
- 2018: Revenue of $376K, expenses of $411K, and assets of $219K (revenue -10.1% year-over-year).
- 2017: Revenue of $418K, expenses of $409K, and assets of $211K (revenue -7.1% year-over-year).
- 2016: Revenue of $450K, expenses of $446K, and assets of $189K (revenue -8.5% year-over-year).
- 2015: Revenue of $492K, expenses of $471K, and assets of $163K (revenue -13.1% year-over-year).
- 2014: Revenue of $566K, expenses of $567K, and assets of $139K (revenue -4.0% year-over-year).
- 2013: Revenue of $590K, expenses of $576K, and assets of $135K (revenue +2.2% year-over-year).
- 2012: Revenue of $577K, expenses of $569K, and assets of $135K (revenue -2.1% year-over-year).
- 2011: Revenue of $589K, expenses of $604K, and assets of $126K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Interlakes Day Care Center Inc:
Data Sources and Methodology
This transparency report for Interlakes Day Care Center 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.