Lancaster Day Care Center Inc
Lancaster Day Care Center Inc shows consistent revenue growth and strong financial health with no reported officer compensation.
EIN: 20342502 · Lancaster, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $452K |
| Total Expenses | $345K |
| Program Spending | 85% |
| Net Assets | $291K |
| Transparency Score | 90/100 |
Is Lancaster Day Care Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lancaster Day Care Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lancaster Day Care Center Inc
Lancaster Day Care Center Inc (EIN: 20342502) is a nonprofit organization based in Lancaster, NH. The organization reported total revenue of $452K and total assets of $389K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lancaster Day Care Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lancaster Day Care Center Inc is a small nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $361K |
| Total Expenses | $345K |
| Surplus / Deficit | +$16K |
| Total Assets | $378K |
| Total Liabilities | $87K |
| Net Assets | $291K |
| Operating Margin | 4.4% |
| Debt-to-Asset Ratio | 23.0% |
| Months of Reserves | 13.2 months |
Financial Health Grade: A
In 2023, Lancaster Day Care Center Inc reported a surplus of $16K with revenue exceeding expenses, holds 13.2 months of operating reserves (strong position), has a debt-to-asset ratio of 23.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lancaster Day Care Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.3% | +9.8% | +2.5% |
| 2022 | +14.9% | +13.3% | +18.7% |
| 2021 | +10.2% | +3.3% | +4.2% |
| 2020 | +14.7% | +8.0% | +37.4% |
| 2019 | +9.1% | +3.2% | +6.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1979 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lancaster Day Care Center Inc 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, Lancaster Day Care Center 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $16K, with revenue exceeding expenses.
- Debt-to-asset ratio: 23.0%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is highly unusual for an organization of its size and suggests a strong commitment to directing funds towards its mission.
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 Lancaster Day Care Center Inc's IRS 990 filings:
- Lack of detailed breakdown for program vs. administrative expenses in provided data
- Unclear how leadership is compensated if not through officer compensation, which could impact transparency if not disclosed elsewhere
Strengths
The following positive indicators were identified for Lancaster Day Care Center Inc:
- Consistent revenue growth over a decade (from $245,258 in 2014 to $360,627 in 2023)
- Healthy operating surpluses (e.g., $15,728 surplus in 2023)
- Increasing asset base ($231,286 in 2014 to $377,953 in 2023)
- Zero reported officer compensation, suggesting high dedication to mission
- Consistent IRS 990 filing history demonstrating transparency
Frequently Asked Questions about Lancaster Day Care Center Inc
Is Lancaster Day Care Center Inc a legitimate charity?
Lancaster Day Care Center Inc (EIN: 20342502) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $452K. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Lancaster Day Care Center Inc spend its money?
Lancaster Day Care Center Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Lancaster Day Care Center Inc tax-deductible?
Lancaster Day Care Center Inc is registered as a tax-exempt nonprofit (EIN: 20342502). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lancaster Day Care Center Inc's spending goes to programs?
Lancaster Day Care Center Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Lancaster Day Care Center Inc located?
Lancaster Day Care Center Inc is headquartered in Lancaster, New Hampshire and files with the IRS under EIN 20342502.
How many years of IRS 990 filings does Lancaster Day Care Center Inc have?
Lancaster Day Care Center Inc 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 $452K in total revenue.
Is Lancaster Day Care Center Inc a good charity?
Based on the available IRS 990 data, Lancaster Day Care Center Inc appears to be a very good charity. It demonstrates consistent financial growth, operates with a surplus, has increasing assets, and reports no officer compensation, suggesting a high dedication to its mission.
How has the organization's financial health changed over the last 10 years?
Over the last 10 years, Lancaster Day Care Center Inc has shown significant financial improvement. Revenue has grown from $245,258 in 2014 to $360,627 in 2023, and assets have increased from $231,286 to $377,953 in the same period, indicating robust growth and stability.
What is the trend in the organization's liabilities?
The organization's liabilities have generally decreased over the past few years, from a high of $151,168 in 2020 to $86,996 in 2023, while assets have increased, indicating improved financial leverage and reduced debt burden.
Filing History
IRS 990 filing history for Lancaster Day Care Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lancaster Day Care Center Inc's revenue has grown by 66.7%, moving from $216K to $361K. Total assets increased by 52.1% over the same period, from $248K to $378K. Total functional expenses rose by 59.7%, from $216K to $345K. In its most recent filing year (2023), Lancaster Day Care Center Inc reported a surplus of $16K, with revenue exceeding expenses. The organization holds $87K in liabilities against $378K in assets (debt-to-asset ratio: 23.0%), resulting in net assets of $291K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $361K | $345K | $378K | $87K | — | View 990 |
| 2022 | $385K | $314K | $369K | $93K | — | View 990 |
| 2021 | $335K | $277K | $311K | $106K | — | View 990 |
| 2020 | $304K | $268K | $298K | $151K | — | View 990 |
| 2019 | $265K | $248K | $217K | $106K | — | View 990 |
| 2018 | $243K | $241K | $204K | $109K | — | View 990 |
| 2017 | $218K | $241K | $207K | $114K | — | View 990 |
| 2016 | $244K | $231K | $232K | $116K | — | View 990 |
| 2015 | $225K | $231K | $221K | $119K | — | View 990 |
| 2014 | $245K | $242K | $231K | $123K | — | View 990 |
| 2013 | $211K | $219K | $233K | $128K | — | View 990 |
| 2012 | $220K | $224K | $243K | $129K | — | View 990 |
| 2011 | $216K | $216K | $248K | $131K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $361K, expenses of $345K, and assets of $378K (revenue -6.3% year-over-year).
- 2022: Revenue of $385K, expenses of $314K, and assets of $369K (revenue +14.9% year-over-year).
- 2021: Revenue of $335K, expenses of $277K, and assets of $311K (revenue +10.2% year-over-year).
- 2020: Revenue of $304K, expenses of $268K, and assets of $298K (revenue +14.7% year-over-year).
- 2019: Revenue of $265K, expenses of $248K, and assets of $217K (revenue +9.1% year-over-year).
- 2018: Revenue of $243K, expenses of $241K, and assets of $204K (revenue +11.3% year-over-year).
- 2017: Revenue of $218K, expenses of $241K, and assets of $207K (revenue -10.7% year-over-year).
- 2016: Revenue of $244K, expenses of $231K, and assets of $232K (revenue +8.8% year-over-year).
- 2015: Revenue of $225K, expenses of $231K, and assets of $221K (revenue -8.4% year-over-year).
- 2014: Revenue of $245K, expenses of $242K, and assets of $231K (revenue +16.0% year-over-year).
- 2013: Revenue of $211K, expenses of $219K, and assets of $233K (revenue -4.0% year-over-year).
- 2012: Revenue of $220K, expenses of $224K, and assets of $243K (revenue +1.8% year-over-year).
- 2011: Revenue of $216K, expenses of $216K, and assets of $248K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lancaster Day Care Center Inc:
Data Sources and Methodology
This transparency report for Lancaster Day Care Center 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.