Jefferson Child Care & Education Center

Is Jefferson Child Care & Education Center Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Jefferson Child Care & Education Center directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Jefferson Child Care & Education Center

Jefferson Child Care & Education Center (EIN: 222047663) is a nonprofit organization based in Lk Hopatcong, NJ, classified under NTEE code P33Z. The organization reported total revenue of $1.1M and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jefferson Child Care & Education Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

Jefferson Child Care & Education Center is a mid-size nonprofit that has been operating for 51 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Financial Health Grade: A

In 2023, Jefferson Child Care & Education Center reported a surplus of $248K with revenue exceeding expenses, holds 21.9 months of operating reserves (strong position), has a debt-to-asset ratio of 6.8% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Jefferson Child Care & Education Center's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.

IRS Tax-Exempt Classification

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 Jefferson Child Care & Education 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: 80%
• fundraising: 10%

According to IRS 990 filings, Jefferson Child Care & Education Center allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $248K, with revenue exceeding expenses.
• Debt-to-asset ratio: 6.8%.

Executive Compensation Analysis

The filings consistently report $0 in compensation for all officers, directors, trustees, and key employees, which suggests either a fully volunteer-run leadership or that compensation is reported under different categories, warranting further investigation.

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 Jefferson Child Care & Education Center's IRS 990 filings:

• Consistent reporting of $0 executive compensation raises questions about leadership structure or reporting practices.
• Liquidity (current assets / current liabilities) has declined from 12.0 in 2021 to 10.0 in 2023, indicating a tightening financial position.
• Net assets have shown a slight decline in 2023 ($1,739,474) compared to 2022 ($1,506,359) relative to revenue growth.

Strengths

The following positive indicators were identified for Jefferson Child Care & Education Center:

• Strong program spending, with approximately 80% of expenses dedicated to programs.
• Consistent revenue generation over $1 million in recent years (e.g., $1,202,382 in 2023).
• Healthy asset base of $2,169,424 in 2023, providing financial stability.
• Low fundraising expenses, indicating efficient resource allocation for revenue generation.

Frequently Asked Questions about Jefferson Child Care & Education Center

Filing History

IRS 990 filing history for Jefferson Child Care & Education Center showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Jefferson Child Care & Education Center's revenue has grown by 6.2%, moving from $1.1M to $1.2M. Total assets increased by 44.7% over the same period, from $1.2M to $1.7M. Total functional expenses fell by 12.1%, from $1.1M to $954K. In its most recent filing year (2023), Jefferson Child Care & Education Center reported a surplus of $248K, with revenue exceeding expenses. The organization holds $118K in liabilities against $1.7M in assets (debt-to-asset ratio: 6.8%), resulting in net assets of $1.6M.

Year-by-Year Financial Summary

• 2023: Revenue of $1.2M, expenses of $954K, and assets of $1.7M (revenue +11.3% year-over-year).
• 2022: Revenue of $1.1M, expenses of $826K, and assets of $1.5M (revenue +6.4% year-over-year).
• 2021: Revenue of $1.0M, expenses of $758K, and assets of $1.3M (revenue +159.7% year-over-year).
• 2020: Revenue of $391K, expenses of $493K, and assets of $1.2M (revenue -61.2% year-over-year).
• 2019: Revenue of $1.0M, expenses of $1.0M, and assets of $1.1M (revenue +12.6% year-over-year).
• 2018: Revenue of $895K, expenses of $1.1M, and assets of $1.1M (revenue -19.5% year-over-year).
• 2017: Revenue of $1.1M, expenses of $1.1M, and assets of $1.3M (revenue +5.9% year-over-year).
• 2016: Revenue of $1.0M, expenses of $1.1M, and assets of $1.2M (revenue -4.8% year-over-year).
• 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $1.3M (revenue -4.6% year-over-year).
• 2014: Revenue of $1.2M, expenses of $1.1M, and assets of $1.3M (revenue +0.5% year-over-year).
• 2013: Revenue of $1.1M, expenses of $1.1M, and assets of $1.3M (revenue -7.4% year-over-year).
• 2012: Revenue of $1.2M, expenses of $1.1M, and assets of $1.4M (revenue +9.7% year-over-year).
• 2011: Revenue of $1.1M, expenses of $1.1M, and assets of $1.2M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Jefferson Child Care & Education Center:

Data Sources and Methodology

This transparency report for Jefferson Child Care & Education 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.