Lakes Region Child Care Svc Inc
Lakes Region Child Care Svc Inc shows consistent revenue growth and asset accumulation from 2011-2017, with no reported officer compensation.
EIN: 20271711 · Laconia, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $1.9M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $2.7M |
| Transparency Score | 80/100 |
Is Lakes Region Child Care Svc Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lakes Region Child Care Svc Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lakes Region Child Care Svc Inc
Lakes Region Child Care Svc Inc (EIN: 20271711) is a nonprofit organization based in Laconia, NH. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lakes Region Child Care Svc Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lakes Region Child Care Svc Inc is a mid-size nonprofit, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of 5.7%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $1.9M |
| Surplus / Deficit | +$127K |
| Total Assets | $3.3M |
| Total Liabilities | $579K |
| Net Assets | $2.7M |
| Operating Margin | 6.4% |
| Debt-to-Asset Ratio | 17.5% |
| Months of Reserves | 21.3 months |
Financial Health Grade: A
In 2017, Lakes Region Child Care Svc Inc reported a surplus of $127K with revenue exceeding expenses, holds 21.3 months of operating reserves (strong position), has a debt-to-asset ratio of 17.5% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2017), Lakes Region Child Care Svc Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +0.9% | -3.6% | +3.3% |
| 2016 | +6.2% | +13.1% | +0.3% |
| 2015 | +4.9% | +1.0% | +27.4% |
| 2014 | +7.6% | +9.4% | -0.5% |
| 2013 | +7.2% | +2.5% | +3.0% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lakes Region Child Care Svc Inc with a Mission Score of 80 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, Lakes Region Child Care Svc 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $127K, with revenue exceeding expenses.
- Debt-to-asset ratio: 17.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with revenues approaching $2 million. This could indicate a volunteer executive leadership or that compensation is categorized differently, warranting further investigation for full transparency.
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 Lakes Region Child Care Svc Inc's IRS 990 filings:
- Latest filing shows $0 revenue and assets, contradicting historical data, which could be a reporting error or indicate a significant change.
- Lack of reported officer compensation for an organization with nearly $2 million in revenue could indicate a lack of transparency or unusual operational structure.
Strengths
The following positive indicators were identified for Lakes Region Child Care Svc Inc:
- Consistent revenue growth from $1.4 million in 2011 to nearly $2 million in 2017.
- Healthy asset accumulation, reaching over $3.3 million in 2017, indicating financial stability.
- Consistent operating surpluses in most years (e.g., $126,836 surplus in 2017), demonstrating sound financial management.
Frequently Asked Questions about Lakes Region Child Care Svc Inc
Is Lakes Region Child Care Svc Inc a legitimate charity?
Lakes Region Child Care Svc Inc (EIN: 20271711) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 80/100. It has 7 years of IRS 990 filings on record. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Lakes Region Child Care Svc Inc spend its money?
Lakes Region Child Care Svc Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Lakes Region Child Care Svc Inc tax-deductible?
Lakes Region Child Care Svc Inc is registered as a tax-exempt nonprofit (EIN: 20271711). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Lakes Region Child Care Svc Inc CEO make?
Lakes Region Child Care Svc Inc's highest-compensated officer earns $2 annually. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Lakes Region Child Care Svc Inc's spending goes to programs?
Lakes Region Child Care Svc Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Lakes Region Child Care Svc Inc located?
Lakes Region Child Care Svc Inc is headquartered in Laconia, New Hampshire and files with the IRS under EIN 20271711.
How many years of IRS 990 filings does Lakes Region Child Care Svc Inc have?
Lakes Region Child Care Svc Inc has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Why does the latest filing show $0 in revenue and assets, contradicting historical trends?
This discrepancy requires clarification, as previous filings consistently show significant financial activity, with 2017 revenue at $1,987,936 and assets at $3,306,242.
How does Lakes Region Child Care Svc Inc manage to operate without reporting any officer compensation?
The consistent 0% officer compensation across all filings is notable and suggests either a volunteer executive team or that executive salaries are reported under other expense categories, which impacts transparency.
What is the detailed breakdown of program, administrative, and fundraising expenses?
Without a detailed breakdown of expenses beyond total expenses, it's difficult to precisely assess spending efficiency and the proportion of funds directly supporting programs.
Filing History
IRS 990 filing history for Lakes Region Child Care Svc Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), Lakes Region Child Care Svc Inc's revenue has grown by 39.2%, moving from $1.4M to $2.0M. Total assets increased by 34.7% over the same period, from $2.5M to $3.3M. Total functional expenses rose by 27.7%, from $1.5M to $1.9M. In its most recent filing year (2017), Lakes Region Child Care Svc Inc reported a surplus of $127K, with revenue exceeding expenses. The organization holds $579K in liabilities against $3.3M in assets (debt-to-asset ratio: 17.5%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $2.0M | $1.9M | $3.3M | $579K | — | View 990 |
| 2016 | $2.0M | $1.9M | $3.2M | $602K | — | View 990 |
| 2015 | $1.9M | $1.7M | $3.2M | $632K | — | View 990 |
| 2014 | $1.8M | $1.7M | $2.5M | $93K | — | View 990 |
| 2013 | $1.6M | $1.5M | $2.5M | $185K | — | View 990 |
| 2012 | $1.5M | $1.5M | $2.4M | $212K | — | View 990 |
| 2011 | $1.4M | $1.5M | $2.5M | $248K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $2.0M, expenses of $1.9M, and assets of $3.3M (revenue +0.9% year-over-year).
- 2016: Revenue of $2.0M, expenses of $1.9M, and assets of $3.2M (revenue +6.2% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.7M, and assets of $3.2M (revenue +4.9% year-over-year).
- 2014: Revenue of $1.8M, expenses of $1.7M, and assets of $2.5M (revenue +7.6% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.5M, and assets of $2.5M (revenue +7.2% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.5M, and assets of $2.4M (revenue +7.4% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.5M, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lakes Region Child Care Svc Inc:
Data Sources and Methodology
This transparency report for Lakes Region Child Care Svc 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.