Lake Bowen Church Child Development Center
Lake Bowen Church Child Development Center shows consistent growth and strong financial health with no reported officer compensation.
EIN: 10793953 · Inman, SC · NTEE: P33 · Updated: 2026-03-27
Is Lake Bowen Church Child Development Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lake Bowen Church Child Development Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lake Bowen Church Child Development Center
Lake Bowen Church Child Development Center (EIN: 10793953) is a nonprofit organization based in Inman, SC, classified under NTEE code P33. The organization reported total revenue of $490K and total assets of $192K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lake Bowen Church Child Development Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lake Bowen Church Child Development Center 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, Lake Bowen Church Child Development Center 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly favorable for a nonprofit of its size with revenue reaching over $800,000.
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 Lake Bowen Church Child Development Center's IRS 990 filings:
- No specific red flags identified based on the provided financial data.
Strengths
The following positive indicators were identified for Lake Bowen Church Child Development Center:
- Consistent revenue growth, increasing from $395,826 in 201407 to $827,001 in 202307.
- Significant asset growth, from $38,159 in 201407 to $295,583 in 202307.
- Very low liabilities across most filing periods, indicating strong financial management.
- 0% reported officer compensation across all filings, suggesting efficient use of funds.
- Expenses generally well-managed relative to revenue, allowing for asset accumulation.
Frequently Asked Questions about Lake Bowen Church Child Development Center
Is Lake Bowen Church Child Development Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Lake Bowen Church Child Development Center (EIN: 10793953) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Lake Bowen Church Child Development Center spend its money?
Lake Bowen Church Child Development Center directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lake Bowen Church Child Development Center tax-deductible?
Lake Bowen Church Child Development Center is registered as a tax-exempt nonprofit (EIN: 10793953). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Lake Bowen Church Child Development Center a good charity?
Based on the available IRS 990 data, Lake Bowen Church Child Development Center appears to be a good charity. It demonstrates strong financial health, consistent revenue growth, increasing assets, and very low liabilities. The reported 0% officer compensation is a significant positive indicator of efficient resource allocation and commitment to its mission.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Revenue has grown from $395,826 in 201407 to $827,001 in 202307, and assets have increased from $38,159 to $295,583 in the same period, indicating robust growth and financial stability.
What is the organization's approach to executive compensation?
Lake Bowen Church Child Development Center reports 0% officer compensation in all available filings, suggesting a commitment to minimizing administrative overhead at the executive level and potentially relying on volunteer leadership or other compensation structures not categorized as officer pay.
Filing History
IRS 990 filing history for Lake Bowen Church Child Development Center showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Lake Bowen Church Child Development Center's revenue has grown by 83.7%, moving from $450K to $827K. Total assets increased by 308.6% over the same period, from $72K to $296K. Total functional expenses rose by 78.6%, from $418K to $746K. In its most recent filing year (2023), Lake Bowen Church Child Development Center reported a surplus of $81K, with revenue exceeding expenses. The organization holds $1K in liabilities against $296K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $294K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $827K | $746K | $296K | $1K | — | — |
| 2022 | $611K | $587K | $221K | $8K | — | View 990 |
| 2021 | $564K | $444K | $190K | $0 | — | View 990 |
| 2020 | $443K | $636K | $86K | $0 | — | View 990 |
| 2019 | $601K | $599K | $71K | $0 | — | View 990 |
| 2018 | $511K | $537K | $70K | $0 | — | View 990 |
| 2017 | $453K | $416K | $95K | $0 | — | View 990 |
| 2016 | $443K | $440K | $59K | $0 | — | View 990 |
| 2015 | $401K | $383K | $55K | $0 | — | View 990 |
| 2014 | $396K | $412K | $38K | $0 | — | View 990 |
| 2013 | $410K | $427K | $55K | $0 | — | View 990 |
| 2012 | $450K | $418K | $72K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $827K, expenses of $746K, and assets of $296K (revenue +35.4% year-over-year).
- 2022: Revenue of $611K, expenses of $587K, and assets of $221K (revenue +8.3% year-over-year).
- 2021: Revenue of $564K, expenses of $444K, and assets of $190K (revenue +27.4% year-over-year).
- 2020: Revenue of $443K, expenses of $636K, and assets of $86K (revenue -26.3% year-over-year).
- 2019: Revenue of $601K, expenses of $599K, and assets of $71K (revenue +17.6% year-over-year).
- 2018: Revenue of $511K, expenses of $537K, and assets of $70K (revenue +12.9% year-over-year).
- 2017: Revenue of $453K, expenses of $416K, and assets of $95K (revenue +2.0% year-over-year).
- 2016: Revenue of $443K, expenses of $440K, and assets of $59K (revenue +10.7% year-over-year).
- 2015: Revenue of $401K, expenses of $383K, and assets of $55K (revenue +1.2% year-over-year).
- 2014: Revenue of $396K, expenses of $412K, and assets of $38K (revenue -3.4% year-over-year).
- 2013: Revenue of $410K, expenses of $427K, and assets of $55K (revenue -9.0% year-over-year).
- 2012: Revenue of $450K, expenses of $418K, and assets of $72K.
Data Sources and Methodology
This transparency report for Lake Bowen Church Child Development 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.