Lamoni Community Daycare Funshine
EIN: 421279378 · Lamoni, IA · NTEE: P33Z
| Metric | Value |
|---|---|
| Total Revenue | $260K |
| Total Expenses | $257K |
| Net Assets | $377K |
Is Lamoni Community Daycare Funshine Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lamoni Community Daycare Funshine
Lamoni Community Daycare Funshine (EIN: 421279378) is a nonprofit organization based in Lamoni, IA, classified under NTEE code P33Z. The organization reported total revenue of $260K and total assets of $359K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lamoni Community Daycare Funshine's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lamoni Community Daycare Funshine is a small nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $221K |
| Total Expenses | $257K |
| Surplus / Deficit | $-36,728 |
| Total Assets | $377K |
| Net Assets | $377K |
| Operating Margin | -16.6% |
| Months of Reserves | 17.6 months |
Financial Health Grade: B
In 2023, Lamoni Community Daycare Funshine reported a deficit of $37K with expenses exceeding revenue, holds 17.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Lamoni Community Daycare Funshine's revenue has declined at a compound annual growth rate (CAGR) of -2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.2% | +2.6% | -8.9% |
| 2022 | -34.7% | -15.2% | -8.6% |
| 2021 | +38.6% | +40.3% | +6.7% |
| 2020 | -24.2% | -35.4% | +5.7% |
| 2019 | -31.7% | -26.4% | -4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lamoni Community Daycare Funshine 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 Lamoni Community Daycare Funshine 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 $37K, with expenses exceeding revenue.
Frequently Asked Questions about Lamoni Community Daycare Funshine
Is Lamoni Community Daycare Funshine a legitimate charity?
Based on AI analysis of IRS 990 filings, Lamoni Community Daycare Funshine (EIN: 421279378) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lamoni Community Daycare Funshine spend its money?
Detailed spending breakdown data is not yet available for Lamoni Community Daycare Funshine. Check back for updated IRS 990 analysis.
Are donations to Lamoni Community Daycare Funshine tax-deductible?
Lamoni Community Daycare Funshine is registered as a tax-exempt nonprofit (EIN: 421279378). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lamoni Community Daycare Funshine located?
Lamoni Community Daycare Funshine is headquartered in Lamoni, Iowa and files with the IRS under EIN 421279378. It is classified under NTEE code P33Z.
How many years of IRS 990 filings does Lamoni Community Daycare Funshine have?
Lamoni Community Daycare Funshine has 13 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 $260K in total revenue.
Filing History
IRS 990 filing history for Lamoni Community Daycare Funshine showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lamoni Community Daycare Funshine's revenue has declined by 23%, moving from $287K to $221K. Total assets decreased by 25.7% over the same period, from $508K to $377K. Total functional expenses fell by 12.8%, from $295K to $257K. In its most recent filing year (2023), Lamoni Community Daycare Funshine reported a deficit of $37K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $221K | $257K | $377K | $0 | — | — |
| 2022 | $212K | $251K | $414K | $0 | — | — |
| 2021 | $324K | $296K | $453K | $0 | — | View 990 |
| 2020 | $234K | $211K | $425K | $0 | — | — |
| 2019 | $309K | $327K | $402K | $0 | — | View 990 |
| 2018 | $452K | $444K | $420K | $0 | — | View 990 |
| 2017 | $274K | $293K | $412K | $0 | — | View 990 |
| 2016 | $286K | $329K | $431K | $0 | — | View 990 |
| 2015 | $349K | $359K | $474K | $0 | — | View 990 |
| 2014 | $320K | $328K | $484K | $0 | — | View 990 |
| 2013 | $307K | $308K | $493K | $0 | — | View 990 |
| 2012 | $300K | $314K | $494K | $0 | — | View 990 |
| 2011 | $287K | $295K | $508K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $221K, expenses of $257K, and assets of $377K (revenue +4.2% year-over-year).
- 2022: Revenue of $212K, expenses of $251K, and assets of $414K (revenue -34.7% year-over-year).
- 2021: Revenue of $324K, expenses of $296K, and assets of $453K (revenue +38.6% year-over-year).
- 2020: Revenue of $234K, expenses of $211K, and assets of $425K (revenue -24.2% year-over-year).
- 2019: Revenue of $309K, expenses of $327K, and assets of $402K (revenue -31.7% year-over-year).
- 2018: Revenue of $452K, expenses of $444K, and assets of $420K (revenue +65.1% year-over-year).
- 2017: Revenue of $274K, expenses of $293K, and assets of $412K (revenue -4.4% year-over-year).
- 2016: Revenue of $286K, expenses of $329K, and assets of $431K (revenue -17.9% year-over-year).
- 2015: Revenue of $349K, expenses of $359K, and assets of $474K (revenue +9.1% year-over-year).
- 2014: Revenue of $320K, expenses of $328K, and assets of $484K (revenue +4.3% year-over-year).
- 2013: Revenue of $307K, expenses of $308K, and assets of $493K (revenue +2.2% year-over-year).
- 2012: Revenue of $300K, expenses of $314K, and assets of $494K (revenue +4.7% year-over-year).
- 2011: Revenue of $287K, expenses of $295K, and assets of $508K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lamoni Community Daycare Funshine:
Data Sources and Methodology
This transparency report for Lamoni Community Daycare Funshine 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.