Joyce Preschool
EIN: 810594016 · Minneapolis, MN · NTEE: B21
| Metric | Value |
|---|---|
| Total Revenue | $777K |
| Total Expenses | $1.0M |
| Net Assets | $493K |
Is Joyce Preschool Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Joyce Preschool
Joyce Preschool (EIN: 810594016) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code B21. The organization reported total revenue of $777K and total assets of $311K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Joyce Preschool's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Joyce Preschool is a small nonprofit that has been operating for 22 years, with 11 years of IRS 990 filings on record (2012–2022). Revenue has grown at a compound annual rate of 7.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $981K |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-56,223 |
| Total Assets | $549K |
| Total Liabilities | $57K |
| Net Assets | $493K |
| Operating Margin | -5.7% |
| Debt-to-Asset Ratio | 10.3% |
| Months of Reserves | 6.4 months |
Financial Health Grade: B
In 2022, Joyce Preschool reported a deficit of $56K with expenses exceeding revenue, holds 6.4 months of operating reserves (strong position), has a debt-to-asset ratio of 10.3% (very low leverage).
Financial Trends
Over 11 years of filings (2012–2022), Joyce Preschool's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -10.5% | +10.8% | -8.9% |
| 2021 | +33.3% | +16.0% | +12.8% |
| 2020 | -5.3% | -9.1% | +25.5% |
| 2019 | +14.6% | +12.1% | -4.5% |
| 2018 | -3.3% | +11.1% | -2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2700 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Joyce Preschool 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 Joyce Preschool 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $56K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.3%.
Frequently Asked Questions about Joyce Preschool
Is Joyce Preschool a legitimate charity?
Based on AI analysis of IRS 990 filings, Joyce Preschool (EIN: 810594016) insufficient data. 0 red flags identified, 0 strengths noted.
How does Joyce Preschool spend its money?
Detailed spending breakdown data is not yet available for Joyce Preschool. Check back for updated IRS 990 analysis.
Are donations to Joyce Preschool tax-deductible?
Joyce Preschool is registered as a tax-exempt nonprofit (EIN: 810594016). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Joyce Preschool located?
Joyce Preschool is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 810594016. It is classified under NTEE code B21.
How many years of IRS 990 filings does Joyce Preschool have?
Joyce Preschool has 11 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 $777K in total revenue.
Filing History
IRS 990 filing history for Joyce Preschool showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2022), Joyce Preschool's revenue has grown by 100.2%, moving from $490K to $981K. Total assets increased by 54.5% over the same period, from $355K to $549K. Total functional expenses rose by 120.5%, from $470K to $1.0M. In its most recent filing year (2022), Joyce Preschool reported a deficit of $56K, with expenses exceeding revenue. The organization holds $57K in liabilities against $549K in assets (debt-to-asset ratio: 10.3%), resulting in net assets of $493K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $981K | $1.0M | $549K | $57K | — | View 990 |
| 2021 | $1.1M | $936K | $603K | $54K | — | — |
| 2020 | $822K | $807K | $534K | $146K | — | View 990 |
| 2019 | $868K | $888K | $426K | $52K | — | View 990 |
| 2018 | $758K | $792K | $446K | $53K | — | View 990 |
| 2017 | $784K | $713K | $458K | $31K | — | View 990 |
| 2016 | $821K | $694K | $393K | $37K | — | View 990 |
| 2015 | $717K | $720K | $253K | $25K | — | View 990 |
| 2014 | $687K | $722K | $259K | $28K | — | View 990 |
| 2013 | $467K | $542K | $274K | $8K | — | View 990 |
| 2012 | $490K | $470K | $355K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $981K, expenses of $1.0M, and assets of $549K (revenue -10.5% year-over-year).
- 2021: Revenue of $1.1M, expenses of $936K, and assets of $603K (revenue +33.3% year-over-year).
- 2020: Revenue of $822K, expenses of $807K, and assets of $534K (revenue -5.3% year-over-year).
- 2019: Revenue of $868K, expenses of $888K, and assets of $426K (revenue +14.6% year-over-year).
- 2018: Revenue of $758K, expenses of $792K, and assets of $446K (revenue -3.3% year-over-year).
- 2017: Revenue of $784K, expenses of $713K, and assets of $458K (revenue -4.6% year-over-year).
- 2016: Revenue of $821K, expenses of $694K, and assets of $393K (revenue +14.5% year-over-year).
- 2015: Revenue of $717K, expenses of $720K, and assets of $253K (revenue +4.5% year-over-year).
- 2014: Revenue of $687K, expenses of $722K, and assets of $259K (revenue +46.9% year-over-year).
- 2013: Revenue of $467K, expenses of $542K, and assets of $274K (revenue -4.7% year-over-year).
- 2012: Revenue of $490K, expenses of $470K, and assets of $355K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Joyce Preschool:
Data Sources and Methodology
This transparency report for Joyce Preschool 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.