La Escuelita Bilingual Preschool
EIN: 461989066 · Charlotte, NC · NTEE: P99
| Metric | Value |
|---|---|
| Total Revenue | $536K |
| Total Expenses | $547K |
| Net Assets | $9K |
Is La Escuelita Bilingual Preschool Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About La Escuelita Bilingual Preschool
La Escuelita Bilingual Preschool (EIN: 461989066) is a nonprofit organization based in Charlotte, NC, classified under NTEE code P99. The organization reported total revenue of $536K and total assets of $16K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of La Escuelita Bilingual Preschool's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
La Escuelita Bilingual Preschool is a small nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 24.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $477K |
| Total Expenses | $547K |
| Surplus / Deficit | $-69,454 |
| Total Assets | $9K |
| Net Assets | $9K |
| Operating Margin | -14.5% |
| Months of Reserves | 0.2 months |
Financial Health Grade: C
In 2023, La Escuelita Bilingual Preschool reported a deficit of $69K with expenses exceeding revenue, holds 0.2 months of operating reserves (limited).
Financial Trends
Over 10 years of filings (2014–2023), La Escuelita Bilingual Preschool's revenue has grown at a compound annual growth rate (CAGR) of 24.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.1% | +16.1% | -88.3% |
| 2022 | +51.7% | +31.8% | +45.9% |
| 2021 | -6.2% | -11.8% | +0.3% |
| 2020 | -5.9% | +3.9% | +85.5% |
| 2019 | +81.1% | +62.9% | +119.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for La Escuelita Bilingual 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 La Escuelita Bilingual 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $69K, with expenses exceeding revenue.
Frequently Asked Questions about La Escuelita Bilingual Preschool
Is La Escuelita Bilingual Preschool a legitimate charity?
La Escuelita Bilingual Preschool (EIN: 461989066) is a registered tax-exempt nonprofit based in North Carolina. It has 10 years of IRS 990 filings on record. Total revenue: $536K. No red flags identified. Financial health grade: C.
How does La Escuelita Bilingual Preschool spend its money?
La Escuelita Bilingual Preschool reported $536K 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 La Escuelita Bilingual Preschool tax-deductible?
La Escuelita Bilingual Preschool is registered as a tax-exempt nonprofit (EIN: 461989066). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is La Escuelita Bilingual Preschool located?
La Escuelita Bilingual Preschool is headquartered in Charlotte, North Carolina and files with the IRS under EIN 461989066. It is classified under NTEE code P99.
How many years of IRS 990 filings does La Escuelita Bilingual Preschool have?
La Escuelita Bilingual Preschool 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 $536K in total revenue.
Filing History
IRS 990 filing history for La Escuelita Bilingual Preschool showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), La Escuelita Bilingual Preschool's revenue has grown by 621.9%, moving from $66K to $477K. Total assets decreased by 34.9% over the same period, from $14K to $9K. Total functional expenses rose by 950.7%, from $52K to $547K. In its most recent filing year (2023), La Escuelita Bilingual Preschool reported a deficit of $69K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $477K | $547K | $9K | $0 | — | — |
| 2022 | $543K | $471K | $79K | $79 | — | View 990 |
| 2021 | $358K | $357K | $54K | $48K | — | View 990 |
| 2020 | $382K | $405K | $54K | $48K | — | View 990 |
| 2019 | $406K | $390K | $29K | $0 | — | View 990 |
| 2018 | $224K | $240K | $13K | $120 | — | View 990 |
| 2017 | $220K | $239K | $28K | $0 | — | View 990 |
| 2016 | $97K | $84K | $48K | $0 | — | View 990 |
| 2015 | $78K | $58K | $35K | $0 | — | View 990 |
| 2014 | $66K | $52K | $14K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $477K, expenses of $547K, and assets of $9K (revenue -12.1% year-over-year).
- 2022: Revenue of $543K, expenses of $471K, and assets of $79K (revenue +51.7% year-over-year).
- 2021: Revenue of $358K, expenses of $357K, and assets of $54K (revenue -6.2% year-over-year).
- 2020: Revenue of $382K, expenses of $405K, and assets of $54K (revenue -5.9% year-over-year).
- 2019: Revenue of $406K, expenses of $390K, and assets of $29K (revenue +81.1% year-over-year).
- 2018: Revenue of $224K, expenses of $240K, and assets of $13K (revenue +2.0% year-over-year).
- 2017: Revenue of $220K, expenses of $239K, and assets of $28K (revenue +126.5% year-over-year).
- 2016: Revenue of $97K, expenses of $84K, and assets of $48K (revenue +24.2% year-over-year).
- 2015: Revenue of $78K, expenses of $58K, and assets of $35K (revenue +18.1% year-over-year).
- 2014: Revenue of $66K, expenses of $52K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for La Escuelita Bilingual Preschool:
Data Sources and Methodology
This transparency report for La Escuelita Bilingual 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.